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ECONOMY

Cyprus Ranks 28th on the List of Most Prosperous Nations

Cyprus Ranks 28th on the List of Most Prosperous Nations

The think tank Legatum Institute has released its 12th annual global Prosperity Index, a huge survey that ranks most of the world's countries by their "prosperity" — a measure encompassing a range of variables including the strength of their economies and their natural environment.

In all, Legatum looks at more than 100 variables, including traditional indicators like per capita gross domestic product and the number of people in full-time work. It also analyzes more esoteric data such as the number of secure internet servers a country has and how well-rested people feel on a day-to-day basis, Business Insider reports.

The variables are then split into nine subindexes: economic quality, business environment, governance, personal freedom, social capital, safety and security, education, health, and natural environment.

The index looked at the 149 countries with the most available data.

Norway held the top spot for eight of the past nine years, dethroned only once by New Zealand in 2016, but could the Nordic nation hold on to top spot in 2018?

Check out the ranking below.

37. Israel
36. Lithuania
35. South Korea
34. Italy
33. Poland
32. Slovakia
31. Costa Rica
30. Uruguay
29. Mauritius
28. Cyprus
27. Czech Republic
26. Estonia
25. Spain
24. Portugal
23. Japan
22. Hong Kong
21. Singapore
20. France
19. Malta
18. Slovenia
17. United States of America
16. Belgium
15. Austria
14. Germany
13. Australia
12. Luxembourg
11. Iceland
10. Ireland
9. Netherlands
8. Canada
7. United Kingdom
6. Sweden
5. Denmark
4. Switzerland
3. Finland
2. New Zealand
1. Norway

 

 


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