Despite being outside the European Union, Norway has been named the most prosperous economy in the world, followed by Switzerland and Denmark, according the Legatum Institute, a think-tank based out of Great Britain.
While New Zealand ranked fourth, Sweden fifth, Canada sixth, Australia seventh, with Netherlands and Finland taking the next two spots, the United States down in 11th. The Scandinavian countries scored highly for factors including education, entrepreneurship and opportunity, the economy, health and social capital.
Canada, Norway, New Zealand, Iceland and Ireland were ranked as the five most tolerant countries towards migrants. After measuring 142 countries across eight categories: economy, entrepreneurship and opportunity, governance, education, health, safety and security, personal freedom and social capital.
Here are the top 20 most prosperous economies:
1. Norway
2. Switzerland
3. Denmark
4. New Zealand
5. Sweden
6. Canada
7. Australia
8. Netherlands
9. Finland
10. Ireland
11. United States
12. Iceland
13. Luxembourg
14. Germany
15. United Kingdom
16. Austria
17. Singapore
18. Belgium
19. Japan
20. Hong Kong
Here are the top 20 least prosperous economies:
123. Iraq
124. Sierra Leone
125. Nigeria
126. Ethiopia
127. Congo, Rep.
128. Zimbabwe
129. Togo
130. Pakistan
131. Guinea
132. Liberia
133. Angola
134. Sudan
135. Yemen
136. Syria
137. Congo, Dem. Rep.
138. Burundi
139. Chad
140. Haiti
141. Afghanistan
142. Central African Republic
Dr. Amarendra Bhushan Dhiraj
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