Top 10 Countries on Earth
Based on what?
I’ll get to that.
In the past most countries are measured by their wealth. GDP.
Or GDP per capita (average income of individuals).
But I think we can all agree money doesn’t buy happiness.
In my research I have only found ONE group that measures many aspects of a country’s wellbeing. The Legatum Institute, based in London, has a “Legatum Prosperity Index.” It is fascinating. The information covers 196 countries and 96% of the worlds’ population and 98% of the globe’s GDP.
The Legatum Institute identifies and measures 200 different variables that have a proven impact on wealth and wellbeing. Then they sift these 200 variables down to 89 measurable variables divided into eight sub-indices. Some things, like confidence in government, are measured in percentage terms while capital per worker is based on US dollars. Equal weight is assigned to the eight sub-indices and the average of these eight measurements gives the overall rank on the Prosperity Index.
The eight measured indices are:
Entrepreneurship and Opportunity
Safety and Security
Here are the Top Twenty “overall” results:
4 New Zealand
11 United States
15 United Kingdom
20 Hong Kong
Some of the surprises for me were:
Number one country in Personal Freedom is Canada
Number one country in Education is Australia
Number one country in Social Capital is New Zealand
Check it out; you can spend hours reading about the research and results.