CEO Confidential

These are the world’s top 20 most and least prosperous countries in 2017

No surprise there as Europe is leading the world when it comes to prosperity as illustrated by the latest edition of the Legatum Prosperity Index, an annual assessment of the drivers of prosperity in 149 countries. European countries take most of the top spots on the list.

This result is driven by the performance of several European nations, most notably Norway, which leads the global rankings, as well as 15 more European countries in the top 20.

Norway has risen from 2nd place last year, to number 1 in 2017, followed by New Zealand and Finland. Switzerland is fourth, with Sweden and Netherlands, fifth and sixth respectively.

Denmark is in seventh, Canada eighth, followed by Australia and the United Kingdom. Read the full study here.

Below are the 20 countries that topped the ranking for most and least prosperous in the world:

The 20 most prosperous countries are:The 20 least prosperous countries are: 
1. Norway1. Yemen (149th)
2. New Zealand2. Central African Republic
3. Finland3. Sudan
4. Switzerland4. Afghanistan
5. Sweden5. Chad
6. Netherlands6. Mauritania
7. Denmark7. Democratic Republic of Congo
8. Canada8. Iraq
9. Australia9. Angola
10. United Kingdom10. Burundi
11. Germany11. Niger
12. Ireland12. Guinea
13. Iceland13. Pakistan
14. Luxembourg14. Libya
15. Austria15. Congo
16. Belgium16. Ethiopia
17. Singapore17. Mali
18. United States18. Venezuela
19. France19. Liberia
20. Spain20. Swaziland (130th)

What is the state of the BRICS economies?

Among BRICS club (Brazil, Russia, India, China and South Africa) economies, India is the only country which has shown signs of strong growth. India now ranks 100th on the index, up from 104th last year.

Brazil ranks 54th (down from 52nd last year), Russia ranks 101st (down from 95th last year), South Africa ranks 52nd (down from 48th last year), China 90 90

The rankings are based on a country’s performance on nine pillars, namely — economic quality, business environment, governance, personal freedom, social capital, safety and security, education, health and natural environment.

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Dr. Amarendra Bhushan Dhiraj
Dr. Amarendra Bhushan Dhiraj is the CEO and editorial director at CEOWORLD magazine, the leading global business magazine written strictly for CEOs, CFOs, top managers, company directors, investors, senior executives, business leaders, and high net worth individuals.
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