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CEOWORLD magazine - Latest - Special Reports - Ranked: World’s Best Countries For Quality of Life, 2024

Special Reports

Ranked: World’s Best Countries For Quality of Life, 2024

Quality of Life

Monaco has been ranked as the number one country in the world for Quality of Life in 2024 according to the CEOWORLD Magazine report. Liechtenstein and Luxembourg secured the second and third positions respectively. Ireland is ranked fourth, followed by Switzerland in fifth, Norway in sixth, and Singapore in seventh. Burundi is placed last, behind Madagascar, Afghanistan, South Sudan, and Sierra Leone.

The rankings are based on the perceptions of more than 258,000 people worldwide who were asked to evaluate 199 nations based on ten metrics ranging from stability to transparency to equality. The rankings measure global perceptions of nations that contribute most to the world’s GDP. Qatar, the United States, and Iceland hold the eighth, ninth, and tenth positions, respectively, on the list of the top 10 countries in the world for the best quality of life. Monaco’s top rank is attributed to its safety, political stability, and well-developed public health system.

World's Best Countries For Quality of Life, 2024

RankCountryRegionScore
1MonacoEurope98
2LiechtensteinEurope97.73
3LuxembourgEurope97.56
4IrelandEurope97.16
5SwitzerlandEurope97.13
6NorwayEurope97.04
7SingaporeAsia96.81
8QatarAsia96.66
9United StatesAmericas96.65
10IcelandEurope96.51
11DenmarkEurope96.44
12AustraliaOceania96.34
13NetherlandsEurope95.95
14San MarinoEurope95.9
15AustriaEurope95.41
16GreenlandAmericas95.21
17CubaAmericas95.02
18SwedenEurope94.94
19FinlandEurope94.48
20Macau (China)Asia94.37
21BelgiumEurope94.14
22CanadaAmericas94.02
23IsraelAsia93
24GermanyEurope92.58
25Hong Kong (China)Asia92.41
26United Arab EmiratesAsia92.39
27United KingdomEurope92.26
28New ZealandOceania91.91
29FranceEurope91.28
30AndorraEurope91.19
31MaltaEurope90.8
32ItalyEurope90.32
33Puerto RicoAmericas90.28
34CyprusAsia89.62
35BruneiAsia89.01
36BahamasAmericas88.24
37JapanAsia88.04
38South KoreaAsia87.99
39SpainEurope87.76
40Saudi ArabiaAsia87.61
41SloveniaEurope87.04
42TaiwanAsia86.61
43KuwaitAsia86.54
44EstoniaEurope86.22
45Czech RepublicEurope86.06
46LithuaniaEurope85.57
47BahrainAsia85.53
48PortugalEurope85.44
49LatviaEurope85.39
50SlovakiaEurope84.78
51GreeceEurope84.77
52PolandEurope84.57
53BarbadosAmericas84.01
54UruguayAmericas83.63
55OmanAsia82.68
56HungaryEurope82.59
57SeychellesAfrica82.05
58CroatiaEurope81.98
59GuyanaAmericas81.94
60French PolynesiaOceania81.84
61Trinidad and TobagoAmericas81.72
62Antigua and BarbudaAmericas81.69
63PanamaAmericas81.64
64RomaniaEurope81.58
65Saint Kitts and NevisAmericas81.55
66MaldivesAsia81.34
67ChileAmericas81.28
68Costa RicaAmericas80.38
69BulgariaEurope80.09
70PalauOceania79.98
71MexicoAmericas79.93
72Saint LuciaAmericas79.53
73TurkeyAsia79.48
74ArgentinaAmericas79.39
75MalaysiaAsia79.28
76RussiaEurope78.84
77KazakhstanAsia78.34
78TurkmenistanAsia78.03
79ChinaAsia77.97
80NauruOceania77.76
81MauritiusAfrica77.61
82GrenadaAmericas77.32
83MontenegroEurope75.61
84SerbiaEurope75.4
85Dominican RepublicAmericas74.79
86BrazilAmericas74.22
87Saint Vincent and the GrenadinesAmericas74.03
88DominicaAmericas73.91
89GabonAfrica73.64
90ArmeniaAsia73.59
91GeorgiaAsia73.4
92AlbaniaEurope73.06
93Bosnia and HerzegovinaEurope72.62
94BotswanaAfrica72.43
95North MacedoniaEurope72.18
96PeruAmericas71.85
97AzerbaijanAsia71.41
98BelarusEurope71.33
99ThailandAsia70.72
100BelizeAmericas70.66
101ColombiaAmericas70.27
102JamaicaAmericas70.19
103Equatorial GuineaAfrica69.69
104EcuadorAmericas69.44
105MoldovaEurope69.03
106South AfricaAfrica68.5
107FijiOceania68.46
108KosovoEurope68.41
109IraqAsia68.16
110LibyaAfrica67.83
111ParaguayAmericas67.51
112TuvaluOceania67.43
113SurinameAmericas66.95
114El SalvadorAmericas66.79
115TongaOceania66.76
116GuatemalaAmericas66.28
117MongoliaAsia66.01
118UkraineEurope65.96
119IndonesiaAsia65.9
120AlgeriaAfrica65.77
121JordanAsia65.52
122NamibiaAfrica65.4
123SamoaOceania65.03
124Cape Verde (Cabo Verde)Africa64.94
125MicronesiaOceania64.37
126VietnamAsia64.17
127IranAsia64.09
128TunisiaAfrica64.05
129EswatiniAfrica63.97
130MoroccoAfrica63.92
131PhilippinesAsia63.57
132BoliviaAmericas63.34
133EgyptAfrica63.27
134DjiboutiAfrica63.12
135BhutanAsia63.09
136VanuatuOceania62.96
137VenezuelaAmericas62.64
138PalestineAsia62.54
139Sri LankaAsia62.39
140LebanonAsia62.2
141HondurasAmericas62.16
142CongoAfrica61.54
143Ivory Coast (Côte d'Ivoire)Africa61.5
144BangladeshAsia60.87
145IndiaAsia60.81
146NicaraguaAmericas60.77
147Papua New GuineaOceania60.01
148AngolaAfrica59.97
149UzbekistanAsia59.6
150MauritaniaAfrica58.89
151GhanaAfrica58.5
152Solomon IslandsOceania58.11
153KenyaAfrica57.86
154HaitiAmericas57.72
155ZimbabweAfrica57.54
156KiribatiOceania57.04
157CambodiaAsia55.89
158Laos (Lao PDR)Asia55.67
159KyrgyzstanAsia55.34
160NigeriaAfrica55.2
161CameroonAfrica54.86
162SenegalAfrica53.92
163GuineaAfrica53.85
164East Timor (Timor-Leste)Asia53.7
165ZambiaAfrica53.59
166EthiopiaAfrica53.56
167PakistanAsia52.98
168BeninAfrica52.92
169MyanmarAsia52.67
170ComorosAfrica52.2
171NepalAsia52.15
172TanzaniaAfrica52.01
173TajikistanAsia51.59
174UgandaAfrica51.56
175LesothoAfrica51.54
176RwandaAfrica51.08
177Guinea-BissauAfrica50.83
178TogoAfrica50.56
179MaliAfrica50.46
180GambiaAfrica50.31
181Burkina FasoAfrica49.54
182LiberiaAfrica49
183SomaliaAfrica48.82
184ChadAfrica48.6
185DR CongoAfrica48.39
186North KoreaAsia48.36
187MozambiqueAfrica48.3
188EritreaAfrica48.28
189NigerAfrica48.18
190YemenAsia47.83
191MalawiAfrica47.4
192Central African RepublicAfrica47.23
193SyriaAsia47.04
194SudanAfrica46.84
195MadagascarAfrica46.8
196AfghanistanAsia46.52
197South SudanAfrica46.11
198Sierra LeoneAfrica45.89
199BurundiAfrica45.68

Detailed findings & methodology: The CEOWORLD magazine carried out a study to determine the rankings of 199 countries based on ten key categories. These categories include Affordability, Economic stability, Family-friendliness, Job market, Income equality, Political neutrality and stability, Safety, Cultural influence, a Well-developed public education system, and a well-developed public health system. Each attribute was graded on a 100-point scale.

Raw data for countries were normalized on a 1-100 scale according to the following: Each indicator was given equal weighting within each of ten categories, with some indicators being comprised of 2-3 sub-indicators that were also weighted equally. Each category was weighted equally to arrive at the overall index.

Sources: CEOWORLD magazine put together a panel of experts to go over data points culled from sources like the EIU Index, World Economic Forum, Global Insight, the Global Gender Gap Index, Gini, and Gender Gap Index, The Legatum Prosperity Index, Transparency International, Environmental Performance Index, Better Life Index, CIA World Factbook, World Bank, UNDP Annual Report, as well as CEOWORLD magazine research. They then used that information to compare the world’s countries for its citizens and residents. Based on a consensus from these sources, the final choice of cities was judged editorially, as was their position on the list. All data is for the most recent period available.


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CEOWORLD magazine - Latest - Special Reports - Ranked: World’s Best Countries For Quality of Life, 2024
Despina Wilson
I am a senior editor and data journalist at CEOWORLD magazine. My job involves using infographics to report on news topics related to business and policy, with a global perspective. I hold a master's degree in journalism and have worked for newspapers and reporting projects in both the US and the UK, giving me a unique transatlantic perspective. I believe that data can enhance coverage of all news topics. As a contributor, I plan cover a wide range of issues, such as gender equality, climate change, labor, and immigration, using relevant statistics and insightful visualizations.

Email: despina@ceoworld.biz