Watch this video on the best way to measure a country’s Standard of Living – https://www.youtube.com/watch?v=_-TKLsobf0g

Quote: “What does it matter who’s “best” anyway? Beyond national pride, a nation’s brand affects its economy.” Reibstein

What does it matter who’s “best” anyway? On Wharton’s website, Reibstein calls these 13 best countries in the world rankings an issue of branding “beyond national pride. A nation’s brand affects its economy — it matters what others think about us. Our actions, visible on a global scale, have economic consequences far beyond the direct cost of those actions.”

 

1. Healthiest country in the world – Iceland

The future of healthcare is a key topic at the World Economic Forum’s Annual Meeting 2017. Watch the Rebuilding Trust in the Healthcare Industry session here.

Iceland tops a new ranking of the world’s healthiest countries, in a vast new study. Published in The Lancet, the study assesses 33 health-related Sustainable Development Goal (SDG) indicators in 188 countries across 25 years.

 

2. Country with the longest LIFE expectancy – Andorra

In 2015, the average life expectancy at birth of the global population was 71.4 years.

Andorra, which is located between France and Spain, was once considered as one of Europe’s poorest countries. That all changed once it became a popular tourist destination after World War II. Its current count of 71,000 inhabitants now have the opportunity to benefit from a thriving economy, including excellent nutrition and public health care facilities. The result being a life expectancy of 83.1 years!

 

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3. Country with the best HEALTHCARE – France

In its assessment of world health care systems in 2000, the World Health Organization found that France provided the “close to best overall health care” in the world.

The French healthcare system is recognised as offering the best, or one of the best, services of public health care in the world. Above all, it is a system that works, provides universal coverage, and is a system that is strongly defended by virtually everyone in France.

The healthcare system in France is made up of a fully-integrated network of public hospitals, private hospitals, doctors, and other medical service providers. It is a universal service providing health care for every French person, regardless of wealth, age or social status.

 

4. HAPPIEST country in the world – Denmark

Danes are the happiest people, according to a recent study on world happiness.

Denmark topped the list of 156 countries in the World Happiness Report of 2016, which is ranked by independent experts on a variety of measures.

Factors such as per capita gross domestic product, healthy years of life expectancy, trust and perceived freedom to make life choices were all considered. (World Happiness Report, 2016)

In second place is Switzerland with other Nordic countries ranking strongly: Iceland, Norway, and Finland round off the top five. New World Commonwealth countries also do well with Canada, Australia, and New Zealand all in the top 10.

 

5. Country that has the most FUN – Argentina

In the global fun league compiled by Badoo, a social networking site that bills itself as a place “for chatting, flirting, dating and meeting new people, with over 170 million users across 180 countries,” Argentina ranks at the top.

The real secret to having fun, however, appears to be living somewhere hot, ideally in Latin America and preferably Spanish-speaking. Argentinians and Mexicans top Badoo’s global fun rankings, while Poles and Russians rank last, with neither group having much fun at all.

Badoo asked 17,000 people in 17 countries and four continents, “How often do you really have fun (such as going out socially or seeing friends)?” Those polled were mainly in their twenties and thirties.

Here are the results of that poll:

Country Days fun/month % Having fun “most days”
1 Argentina 14.8 41.60%

Question: Approximately how often would you say that you really have fun and a good time?

 

6. Most PEACEFUL country in the world – Iceland

According to Global Peace Index for the year 2017, Iceland is the most peaceful country to live. The country has high-level democracy, gender equality, and low incarceration. The literacy rate in the country is 99%, and there is no tuition fee for education.

countries in the worldThe Icelanders are also one of the most well-informed people in the world. They are also top in reading literacy and book publication. There is a female presence in politics, education, health, and employment in Iceland. It is also the first European country to elect a female President, Vigdis Finnbogadottir became the fourth President of Iceland in 1980. On an interesting note, Iceland is also free from mosquitoes because they can’t thrive in Icelandic conditions.

 

7. Best Country for QUALITY of LIFE – Norway

The Organization for Economic Cooperation and Development (OECD) recently released its 2016 Better Life Index of countries with the best quality of life. To do this, the OECD studied 34 countries across 11 parameters of well-being, including work-life balance, financial wealth, safety, education, and environmental quality. It uses data from the United Nations, National Statistics Offices, and the Gallup Organization.

The country of Norway scored highest last year. People are living their best lives in Norway, where a majority have paid jobs, a high level of education, and live an average of 82 years.

 

8. Best Country for EDUCATION – Finland

Finland routinely tops rankings of global education systems and is famous for having no banding systems — all pupils, regardless of ability, are taught in the same classes. As a result, the gap between the weakest and the strongest pupils is the smallest in the world. Finnish schools have also banned once familiar school subjects like math and physics and replaced them with a focus on phenomenon-based learning.

Finnish schools also give relatively little homework and have only one mandatory test at age 16. You can read more about the Finnish education system here.

 

9. Best Country for SUSTAINABILITY – Sweden

According to a recent study by RobecoSAM, Sweden ranks as the most sustainable country in the world.

This Zurich-based investment company is centered around sustainability, which led to their assessment of 60 countries where they looked at factors such as environmental, social and governance (ESG). Norway, previously listed here as the best country for quality of life, came in at second place.

The Measuring Country Intangibles RobecoSAM’s Country Sustainability Ranking is comprised of 17 indicators that provide insights into the investment risks and opportunities associated with each country accounted for in the study. It is based on key risk and return drivers found to be most relevant for investors.

Although Sweden didn’t score well with indicators such as renewable energy or overall energy use, it did perform well in other indicators including liberty and equality, investment in education, and the ability to respond to environmental threats.

 

10. Country for MOST GIVING – Myanmar

What is interesting is that the country in the most turmoil, with the worst health care, is also the most giving. Perhaps you can pour from an empty cup after all.

Myanmar (Burma) has been given the title of the world’s most generous country according to the Charities Aid Foundation’s 2016 World Giving Index. This is the third year in a row that the country has received this designation.

According to the research detailed in the study, 91% of Myanmar residents gave money to charity in the past year, 62% stated they had helped a stranger, and 55% claimed they had volunteered.

 

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11. Country for MOST INTELLIGENT (IQ) – South Korea

The Organization for Economic Cooperation and Development (OECD) tracks the most recently awarded college degrees in 40 of the world’s most advanced countries. Part of their reason for this is due to some of the biggest challenges our world is currently facing – climate change, food security, and nuclear non-proliferation. It’s these factors that make a case for an increased need for scientists both now and in the future.

The group has released its 2015 Science, Technology and Industry Scoreboard report, which includes data up to 2012. South Korea came in with 32% of its college graduates being awarded a STEM degree (Science, Technology, Engineering, or Math). Although it had the largest drop compared to the other countries on the list, with 39% STEM degrees in 2002, the country has still been able to retain its position at the top of the OECD’s list.

 

12. Richest and most Abundant country – Qatar

Qatar leads the race with a whopping $129,726 U.S. dollars per capita!

This designation is mostly due to its well-developed oil exploration industry, which accounts for at least 60% of its GDP or gross domestic product. It also accounts for 70% of government revenue as well as 85% of the country’s export earnings. Its wealth and economic success hasn’t come without controversy as it’s known for using forced labour from nations throughout Asia as well as parts of Africa.

 

13. Most innovative country in the world – South Korea

South Korea, which also appears on our list above as the most intelligent country, ranked at the top of research and development in The Bloomberg Innovation Index.

This ranking comes from a combination of efforts by both government and private enterprise. South Korean-based companies like Samsung are more research-intensive, which has led to a modernization of the entire country’s economy.

 

On all measures, the overall best country in the world is – GERMANY

In a study that collaborated the forces of U.S. News & World Report, the University of Pennsylvania’s Wharton School, and BAV Consulting, Germany was awarded the title of best country in the world.

The study reviewed 65 factors in nine categories: adventure, business readiness, cultural clout, differentiation, global citizenship, innovation & entrepreneurship, power & influence, quality of life, and values & heritage.

Germany received the score of a perfect 10 for entrepreneurship. This included factors such as well-developed infrastructure, legal framework, tech expertise, and an overall educated population. The country also ranked very high for power, citizenship, and quality of life.

Take a look at where your country stacks up.

Share with us where you’re from on our Facebook page and let us know how your country stacks up against the best. 🙂

 

References:

Evidence-based

  1. Human Development Index
  2. Better Life Index
  3. Measuring Country Intangibles RobecoSAM’s Country Sustainability Ranking
  4. Organization for Economic Cooperation and Development
  5. The Lancet
  6. Global Health Observatory data

Expert opinion

  1. Best Country in the World
  2. Wharton University of Pennsylvania
  3. Badoo.com
  4. Ranking the Healthiest Countries

 

countries in the world