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:
4. New Zealand
11. United States
15. United Kingdom
20. Hong Kong
Here are the top 20 least prosperous economies:
124. Sierra Leone
127. Congo, Rep.
137. Congo, Dem. Rep.
142. Central African Republic