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Thursday, March 28, 2024
CEOWORLD magazine - Latest - Education and Career - Top 10 countries best at using economic growth to improve the wellbeing of its citizens

Education and Career

Top 10 countries best at using economic growth to improve the wellbeing of its citizens

Norway is ranked number 1 out of 162 countries and Hong Kong, when it comes to using economic growth to improve the wellbeing of its citizens, according to a report by the Boston Consulting Group.

Would it surprise you one bit if I were to tell you they were all in Western Europe?

Robert F. Kennedy once said that a country’s GDP, or “Gross Domestic Product” measures “everything except that which makes life worthwhile.”

Netherlands and Finland are the next best performing countries, followed by Germany and Austria.

The list includes some of the wealthiest countries in the world, such as Norway, Switzerland, Sweden and Luxembourg. The report, however, did find that the entire top ten is made up of countries from Western Europe.

Which country is the best at using economic growth to improve the wellbeing (making the most of your money for the benefit of your citizens) of its citizens?

1. Norway
2. Netherlands
3. Finland
4. Germany
5. Austria

6. Denmark
7. Switzerland
8. Iceland
9. Belgium
10. Sweden

10 countries best at converting economic growth into well-being [Infographic]

When it comes to those countries that have made the least progress since 2006 in converting economic growth into well-being, the results are much more interesting.

1. Greece
2. Cyprus
3. Italy
4. Central African Republic
5. Barbados

6. Hungary
7. Brunei
8. Finland
9. Spain
10. France

10 countries that have made the least progress since 2006 in converting economic growth into well-being


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CEOWORLD magazine - Latest - Education and Career - Top 10 countries best at using economic growth to improve the wellbeing of its citizens
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.