31.07.2022

Rating of the smartest countries in the world. What places does Russia occupy in world rankings World ranking of countries development


The United States has the most developed economy in the world. China, Japan and Germany follow.

Rating Economy GDP ($ million)
The whole world 85,804,390.60
1 United States of America 20,494,100.00
2 China 13,608,151.86
3 Japan 4,970,915.56
4 Germany 3,996,759.29
5 UK 2,825,207.95
6 France 2,777,535.24
7 India 2,726,322.62
8 Italy 2,073,901.99
9 Brazil 1,868,626.09
10 Canada 1,712,510.03
11 Russia 1,657,553.77
12 South Korea 1,619,423.70
13 Australia 1,432,195.18
14 Spain 1,426,189.14
15 Mexico 1,223,808.89
16 Indonesia 1,042,173.30
17 Netherlands 913,658.47
18 Saudi Arabia 782,483.47
19 Turkey 766,509.09
20 Switzerland 705,501.30
21 Poland 585,782.87
22 Sweden 551,031.68
23 Belgium 531,766.94
24 Argentina 518,475.13
25 Thailand 504,992.76
26 Venezuela 482,359.32
27 Austria 455,736.58
28 Iran 454,012.77
29 Norway 434,750.94
30 United Arab Emirates 414,178.90
31 Nigeria 397,269.62
32 Ireland 382,487.49
33 Israel 369,690.44
34 South Africa 368,288.20
35 Singapore 364,156.66
36 Hong Kong 362,992.54
37 Malaysia 354,348.42
38 Denmark 352,058.41
39 Philippines 330,910.34
40 Colombia 330,227.87
41 Pakistan 312,570.06
42 Chile 298,231.14
43 Bangladesh 274,024.96
44 Finland 273,960.97
45 Egypt 250,895.47
46 Czech 245,225.88
47 Vietnam 244,948.45
48 Romania 239,552.52
49 Portugal 237,978.94
50 Iraq 225,914.18
51 Peru 222,237.57
52 Greece 218,031.84
53 New Zealand 205,024.94
54 Qatar 192,009.34
55 Algeria 180,689.12
56 Kazakhstan 170,538.87
57 Hungary 155,703.07
58 Kuwait 141,677.81
59 Ukraine 130,832.37
60 Morocco 118,495.33
61 Ecuador 108,398.06
62 Slovakia 106,472.19
63 Angola 105,750.99
64 Puerto Rico 101,130.90
65 Cuba 96,851.00
66 Sri Lanka 88,900.77
67 Kenya 87,908.26
68 Ethiopia 84,355.46
69 Dominican Republic 81,298.59
70 Oman 79,294.93
71 Guatemala 78,460.45
72 Myanmar 71,214.80
73 Luxembourg 69,487.92
74 Ghana 65,556.46
75 Bulgaria 65,132.95
76 Panama 65,055.10
77 Croatia 60,805.66
78 Costa Rica 60,126.01
79 Belarus 59,662.50
80 Uruguay 59,596.89
81 Tanzania 57,437.07
82 Lebanon 56,639.16
83 Macau 54,545.18
84 Slovenia 54,235.48
85 Lithuania 53,251.37
86 Serbia 50,508.37
87 Uzbekistan 50,499.92
88 Libya 48,319.62
89 Democratic Republic of the Congo 47,227.54
90 Azerbaijan 46,939.53
91 Ivory Coast 43,007.05
92 Jordan 42,290.83
93 Sudan 40,851.54
94 Paraguay 40,842.34
95 Turkmenistan 40,761.14
96 Bolivia 40,287.65
97 Tunisia 39,860.72
98 Cameroon 38,502.06
99 Bahrain 37,746.20
100 Latvia 34,849.08
101 Zimbabwe 31,000.52
102 Estonia 30,284.89
103 Nepal 28,812.49
104 Uganda 27,476.95
105 Yemen 26,914.40
106 Zambia 26,720.07
107 El Salvador 26,056.95
108 Iceland 25,882.22
109 Cambodia 24,571.75
110 Cyprus 24,469.84
111 Senegal 24,129.60
112 Honduras 23,803.23
113 Papua New Guinea 23,431.60
114 Trinidad and Tobago 23,410.35
115 Bosnia and Herzegovina 19,781.78
116 Afghanistan 19,362.97
117 Botswana 18,616.02
118 Laos 18,130.72
119 Mali 17,196.69
120 Gabon 17,017.40
121 Georgia 16,209.82
122 Jamaica 15,717.86
123 Albania 15,058.88
124 Palestine 14,615.90
125 Malta 14,542.04
126 Namibia 14,521.71
127 Mozambique 14,457.96
128 Burkina Faso 14,441.76
129 Mauritius 14,220.35
130 Brunei 13,567.10
131 Equatorial Guinea 13,317.45
132 Nicaragua 13,117.86
133 Mongolia 13,009.57
134 Macedonia 12,672.13
135 Armenia 12,433.09
136 Bahamas 12,162.10
137 Madagascar 12,100.46
138 Moldova 11,309.08
139 Chad 11,302.54
140 Congo 11,263.68
141 Guinea 10,989.79
142 Benin 10,358.99
143 Haiti 9,658.08
144 Rwanda 9,509.00
145 Niger 9,239.51
146 Kyrgyzstan 8,092.84
147 Kosovo 7,900.27
148 Tajikistan 7,522.95
149 Malawi 7,064.97
150 Isle Of Man 6,592.63
151 Monaco 6,400.95
152 Liechtenstein 6,214.63
153 Guam 5,859.00
154 Fiji 5,479.50
155 Montenegro 5,452.17
156 Mauritania 5,365.87
157 Togo 5,300.21
158 Maldives 5,272.29
159 Somalia 4,721.00
160 Swaziland 4,703.79
161 Barbados 4,673.50
162 Sierra Leone 3,999.95
163 US Virgin Islands 3,855.00
164 Guyana 3,610.44
165 Cayman Islands 3,570.58
166 Suriname 3,427.27
167 Liberia 3,249.00
168 Andorra 3,236.54
169 Curacao 3,116.61
170 Burundi 3,078.03
171 South Sudan 3,070.89
172 Lesotho 2,791.76
173 Greenland 2,713.53
174 Aruba 2,700.56
175 Faroe islands 2,689.16
176 Eritrea 2,607.74
177 Timor Leste 2,581.00
178 Butane 2,534.97
179 Central African Republic 2,379.72
180 Cape Verde 1,986.93
181 Djibouti 1,965.98
182 Belize 1,925.00
183 Saint Lucia 1,876.19
184 San Marino 1,632.86
185 Gambia 1,624.46
186 Antigua and Barbuda 1,623.80
187 Northern Mariana Islands 1,593.00
188 Seychelles 1,590.18
189 Guinea-Bissau 1,458.16
190 Solomon Islands 1,411.90
191 Grenada 1,207.45
192 Comoros 1,203.08
193 Saint Kitts and Nevis 1,039.88
194 Turks and Caicos 1,022.31
195 Vanuatu 887.82
196 Samoa 861.49
197 Saint Vincent and the Grenadines 813.09
198 Eastern Samoa 634.00
199 Dominica 503.65
200 Tonga 450.35
201 Sao Tome and Principe 422.30
202 micronesia 344.50
203 Palau 310.11
204 Marshall Islands 211.52
205 Kiribati 188.28
206 Nauru 114.72
207 Tuvalu 42.59

Each individual country has its own economic policy, which inherently has both strengths and weaknesses. If the state is rich in minerals, then most often the economy is built on the export of resources, which weakens the production component.

10 largest world economies in 2018

USA

The most stable economy in the world belongs to the United States, it has held its leading position for more than 100 years. A comprehensively developed economic policy is based on the banking system, the largest stock exchange, advanced IT technologies and agriculture, which is not devoid of innovative solutions and progress.

America, thanks to its significant coverage of fields of activity and advanced technologies in them, has great influence in the world and enjoys it.

The dollar has been a world currency for many years and is quoted in all countries. for 2019 amounted to 20.494 trillion dollars, which makes it possible to understand: why the US economy is the first, leading the ranking.

China

The fastest growing economy, which can soon displace America and move it from its leading position in the TOP of the largest economies in the world. In China, industry, agriculture and technology are actively growing. The automotive market is larger than the American and Japanese combined.

Chinese clothing and technology enter the markets of most countries, exports are very developed in all directions. China provides food for 1/5 of the world's population, while using only 9% of the land intended for agriculture.

Annual GDP growth is 10%, which gives America cause for concern. represented in the TOP economies of the world in the face of China, as the strongest and most developed power, the rest of Asia has weaker performance.

Despite the crisis that Europe has been experiencing in recent years, it is still on its feet steadily and provides itself with an annual increase in GDP, which at the moment has amounted to 3.996 trillion dollars.

Great Britain

The economy of Western Europe in the face of the participating countries presents a blurry picture, but the undisputed leader is, which was included in the overall rating for all countries of the planet. The country is poor in natural resources, so its economic policy is based on services, industry and tourism.

In terms of industry, the leaders are the following areas: aviation and pharmaceuticals, as well as the automotive and textile industries. The UK attracts investment infusions from business representatives of other countries with its liberal banking policy, which allows money laundering to take place.

But in 2018, the country leaves the composition, and experts find it difficult to guess: what damage will this bring to the state's economy and how its position in the world will change.

Which can be found on our website.

France

The economic position of the country has been achieved thanks to the industrial-agrarian policy. At the expense of agriculture, France provides EU countries with products, ¼ of all supplies fall to the share of this state.

The best performance in terms of attendance of the country was achieved largely thanks to the Eiffel Tower, its recognizability and the atmosphere of romance associated with it.

But having a high attendance of the country, tourism does not come up. The fact is that the funds left by tourists in the country have a smaller volume compared to America, this is due to the fact that tourists in France do not linger, but when they see the main attraction, they leave for neighboring countries. The GDP of France at the moment is 2.777 trillion US dollars.

It is possible on our website.

How to identify countries with a strong economy among the huge number of countries in the world? To identify highly developed countries, let's pay attention to the ratings - the results of comparative studies made by international experts and organizations to rank countries according to various indicators. Every year, studies are published showing which country has risen to the TOP, which has fallen. Consider the main indicators that determine which countries in 2019 became the most influential in the economic field, have the highest standard of living, prosperity and freedom.

Level of economic development

The level of economic development assesses the efficiency and maturity of the country's economy. It is not for nothing that only countries with a high level of economic development are included in the group of developed countries, while the rest are called developing. This level is determined by various ratings.

Country ranking by GDP

The key indicator is the level of gross domestic product (GDP). This is the name of the total value of goods, services and other results of the activities of enterprises, firms, companies, institutions, organizations, individuals. This is the result of the work of all residents of the country in question during the year. It is calculated in two ways. The first is when all the income received during the year is added up: interest, profit, salary, and so on. The second is when expenses are summed up (government purchases, investments, consumption, export minus imports). The official source of such information is the World Bank database. The statistics are updated every year and published in autumn. The indicator is also kept by the International Monetary Fund and the UN.

The backbone of the world's GDP is produced by only a few countries, mostly large in territory and population.

If all goods and services produced in monetary terms (GDP) is an absolute value, then by comparing the gross domestic product with the population, we get a relative indicator indicating the well-being of citizens.

According to the World Bank and the IMF, the United States of America has the best GDP indicators. Based on countries, the first places in this indicator are occupied by:

Country2016 2017
1 USA18624 19391
2 China11222 12015
3 Japan4949 4872
4 Germany3479 3685
5 Great Britain2661 2625
6 India2274 2611
7 France2466 2584
8 Brazil1793 2055
9 Italy1860 1938
10 Canada1536 1652
11 Russia1285 1578
12 The Republic of Korea1411 1538
13 Australia1265 1380
14 Spain1238 1314
15 Mexico1077 1149
16 Indonesia864 932
17 Turkey859 857
18 Netherlands751 771
19 Switzerland671 660
20 Saudi Arabia652 640

The presented table with indicators is an actual value that does not take into account the difference in prices for homogeneous goods and services. As a consequence of this omission, the GDP of developed countries is often overstated, while that of developing countries is lower.

Since purchasing power parity is more important, as it gives an idea of ​​the quality of life in the countries of the world, another rating based on PPP is more credible.

According to the International Bank, the level of GDP at PPP for the countries of the world is:

Country2017 2018 2018
1 China23190 25270 18,69
2 USA19485 20494 15,16
3 India9597 10505 7,77
4 Japan5427 5594 4,14
5 Germany4199 4356 3,22
6 Russia4027 4213 3,12
7 Indonesia3250 3495 2,59
8 Brazil3255 3365 2,49
9 Great Britain2930 3038 2,25
10 France2854 2963 2,19
11 Mexico2464 2570 1,90
12 Italy2324 2397 1,77
13 Turkey2186 2293 1,70
14 The Republic of Korea2035 2136 1,58
15 Spain1778 1864 1,38
16 Saudi Arabia1777 1858 1,37
17 Canada1764 1837 1,36
18 Iran1640 1611 1,19
19 Thailand1240 1320 0,98
20 Australia1254 1318 0,98

The International Bank evaluates all the economies of the world with the exception of Syria (due to active hostilities), Somalia (since the state actually broke up into several separate parts) and Venezuela (domestic politics is extremely closed, it is impossible to accurately assess the level of GDP by PPP).

economic freedom

The most important indicator of a country's development is the level (or index) of economic freedom. Since 1995, it has been defined by the American research center "Heritage Foundation" and published annually on its website and in the Wall Street Journal.

Based on the theories of Adam Smith, experts at the Heritage Foundation define economic freedom as the level of non-intervention by the state in the process of production, distribution and consumption, except in situations where it is necessary to protect citizens.

The index is calculated according to the arithmetic mean of ten criteria of freedom - property, absence of corruption, the government's share in regulating the economy, freedom of trade, investment, labor, entrepreneurship, monetary, fiscal, financial. For each of them, an evaluation scale is developed from 0 to 100 points, which are summed up as a result. The higher the score, the higher the level of economic freedom.

free
1. Hong Kong90,2
2. Singapore89,4
3. New Zealand84,4
4. Switzerland81,9
5. Australia80,9
6 Ireland80,5
Mostly free
7. Great Britain78,9
8. Canada77,7
9. UAE77,6
10. Republic of China77,3
11. Iceland77,1
12. USA76,8
13. Netherlands76,8
14. Denmark76,7
15. Estonia76,6
16. Georgia75,9
17. Luxembourg75,9
18. Chile75,4
19. Sweden75,2
20. Finland74,9
21. Lithuania74,2
22. Malaysia74,0
23. Czech73,7
24. Germany73,5
25. Mauritius73,0
26. Norway73,0
27. Israel72,8
28. Qatar72,6
29. The Republic of Korea72,3
30. Japan72,1
31. Austria72,0
32. Rwanda71,1
33. North Macedonia71,1
34. Macau71,0
35. Latvia70,4

Thus, Hong Kong, Singapore, New Zealand, Australia, Ireland and Switzerland are considered countries with a free economy (from 80 points and above) in 2019.

As for the countries of the former USSR, in most cases the level of economic freedom in them is weak. Most states are characterized by the active influence of the state on all spheres of life, which often creates some inconvenience and hinders the free development of the economy.

As an example, here are data from 2 studies conducted in 2016 and 2019 for comparison:

2016
Countries with predominantly

free economy

9. Estonia77,2
14. Lithuania75,2
23. Georgia72,6
36. Latvia70,4
Countries with moderate

free economy

54. Armenia67
68. Kazakhstan63,3
91. Azerbaijan60,2
Countries with predominantly

not free economy

96. Kyrgyzstan59,6
117. Moldova57,4
149. Tajikistan51,3
153. Russia50,6
Countries with non-free economies
157. Belarus48,8
162. Ukraine46,8
166. Uzbekistan46,0
2019
Countries with predominantly

free economy

15. Estonia76,6
16. Georgia75,9
21. Lithuania74,2
35. Latvia70,4
Countries with moderate

free economy

47. Armenia67,7
59. Kazakhstan65,4
60. Azerbaijan65,4
79. Kyrgyzstan62,3
Countries with predominantly

not free economy

97. Moldova59,1
98. Russia58,9
104. Belarus57,9
122. Tajikistan55,6
140. Uzbekistan53,3
147. Ukraine52,3

Prosperity Rating

The economic achievements of the countries of the world are also measured by the level of prosperity. This indicator is offered by the English analytical center Legatum Institute. He has been calculating it since 2006. This index is determined by the level of social well-being of countries in the field of economic development, entrepreneurship, governance, health, security, education, personal freedoms and social capital. Each of the eight criteria is calculated on the basis of statistical research by the United Nations, the World Bank, sociological data from the Gallup Institute and other authoritative centers. According to the results of comparative studies, a rating of states is published annually. In 2019, such results were published for 142 countries of the world.

RATINGCOUNTRYINDEX
1 Norway80.98
2 New Zealand80.90
3 Finland80.58
4 Switzerland79.71
5 Denmark79.33
6 Sweden79.15
7 UK79.12
8 Canada79.02
9 Netherlands78.99
10 Ireland78.95
11 Iceland78.47
12 Luxembourg78.15
13 Australia78.10
14 Germany77.72
15 Austria76.64
16 Belgium76.00
17 United States of America76.00
18 Slovenia74.65
19 Malta74.10
20 France74.06
21 Singapore73.73
22 Hong Kong72.93
23 Japan72.79
24 Portugal72.61
25 Spain72.49
26 Estonia72.44
27 Czech72.08
28 Cyprus70.53
29 Mauritius69.76
30 Uruguay69.72
31 Costa Rica69.33
32 Slovakia68.84
33 Poland68.33
34 Italy68.27
35 South Korea67.82
36 Lithuania67.72
37 Israel67.66
38 Chile67.59
39 United Arab Emirates67.01
40 Latvia66.71

Norway, Switzerland, Denmark, New Zealand, Sweden, Canada, Australia, and the Netherlands have the best indicators on the prosperity index.

Other indicators

There are other indicators by which the rating of a country's economic development is measured. This is the level of GDP per capita. It is not considered a strict characteristic, but is considered an important indicator.

Recent studies of the level of GDP per capita (nominal) according to World Bank estimates show the following results:

Country$
1 Luxembourg104103
- Macau80893
2 Switzerland80190
3 Norway75505
4 Iceland70057
5 Ireland69331
6 Qatar63506
7 USA59532
8 Singapore57714
9 Denmark56307
10 Australia53800
11 Sweden53442
12 San Marino49664
13 Netherlands48223
14 Austria47291
- Hong Kong46194
15 Finland46703
16 Canada45032
17 Germany44470
18 Belgium43324
19 New Zealand42941
20 UAE40699
60 Russia10743
- World10714

A more accurate characteristic is the level of the same indicator in terms of parity (the ratio of several currencies) per capita purchasing power to a certain set of services or goods.

Here the first places are occupied by:

Country2017 2018
1 Qatar127755 130475
- Macau (PRC)110592 116808
2 Luxembourg103298 106705
3 Singapore95508 10345
4 Brunei78971 79530
5 Ireland73215 78785
6 Norway72170 74356
7 UAE68639 69382
8 Kuwait66197 67000
9 Switzerland62131 64649
- Hong Kong (PRC)61529 64216
10 USA59895 62606
11 San Marino68624 60313
12 Netherlands53933 56383
13 Saudi Arabia54595 55944
14 Iceland53834 55917
- Taiwan (PRC)50593 53023
15 Sweden51180 52984
16 Germany50804 52559
17 Australia50609 52373
18 Austria50035 52137
19 Denmark50643 52121
20 Bahrain49035 50057
49 Russia27964 29267

The Human Development Index, which has been published in the reports of the United Nations Development Program since 1990, is another traditional comparative indicator of living standards and the economy. Norway, Australia, Switzerland, Netherlands, USA, Germany, New Zealand, Canada, Singapore, Denmark have a very high human development rating, according to the latest 2014 report.

Based on all these indicators, the world's strongest and most efficient economies for 2019 are:

2. Hong Kong

3. Australia

4. Germany

5. Switzerland

7. Netherlands

8. New Zealand

9. Singapore

10. Japan

Corruption Perceptions Index

Since 1996, the rating of the level of corruption has been recognized as the most important indicator of the state of the country's economy. The official name is the Corruption Perceptions Index. It was introduced by the international non-governmental organization Transparency International. It takes into account how widespread corruption is in the public sector. This ranking is calculated by analyzing surveys and statistical data. Corruption in the framework of the study refers to any extraction of personal gain through abuse of office.

Interestingly, the study is not based on the statistics of criminal cases or sentences, but on the opinion of those who suffer from corruption or study this phenomenon.

To determine this index, we developed a scale from zero to one hundred, where 0 means the maximum level of corruption, and 100 - its absence. Although the methodology by which the rating is determined is the object of criticism, in general it is recognized by experts as relatively reliable.

2018 Country2018 2017 2016 2015 2014 2013
1 Denmark89 90 91 91 91 90
2 New Zealand88 90 91 92 91 90
3 Finland85 89 90 89 89 90
4 Sweden85 85 87 86 86 85
5 Switzerland85 86 86 86 85 86
6 Singapore84 88 89 87 89 88
7 Norway84 84 85 84 86 87
8 Netherlands82 83 87 83 83 84
9 Canada82 82 83 81 81 84
10 Luxembourg82 81 81 79 78 79
11 Germany82 81 81 78 76 74
12 Great Britain81 81 81 82 80 80
13 Australia77 77 75 74 75 77
14 Iceland75 78 79 79 78 82
15 Hong Kong75 77 77 76 75 75
16 Austria75 79 79 80 81 85
17 Belgium75 75 76 72 69 69
18 Ireland75 74 76 74 73 73
19 Japan74 73 75 74 72 69
20 Estonia73 72 75 76 74 74

The most difficult situation with corruption is observed in the following countries:

170 Sudan17 18 18 18 20 25
171 Yemen17 16 17 19 19 25
172 North Korea17
173 Syria17 14 16 18 15 21
174 South Sudan17 12 8 8 8 8
175 Somalia16 14 12 11 11 13
176 Yemen16 14 18 19 18 23
177 Afghanistan15 15 11 12 8 8
178 Syria14 13 18 20 17 26
179 South Sudan12 11 15 15 14
180 Somalia9 10 8 8 8 8

Credit ratings

The economic "health" of the country is also assessed by financial or credit ratings. They are calculated taking into account the financial history of the state, the size of its property and the ability and desire to pay debts. Such an index is needed in order to make it clear to potential creditors or investors how safe it is to deal with the country. Financial ratings are assessed by international agencies. Moody's, Standard and Poor's and Fitch have the most serious reputation. They work all over the world and help to distinguish reliable partners from unreliable ones. Each of them has its own naming system, but in general, countries with a high degree of obligation are designated by the letter A, medium and lower - Ba, risky - B, high risk and close to default - C.

CountryLong-term ratingShort term rating
1 USAAAAF1+
2 Great BritainAAF1+
3 GermanyAAAF1+
4 FranceAAF1+
5 JapanAF1
6 SpainA-F1
7 ItalyBBBF2
8 PortugalBBBF2
9 Greecebb-B
10 IrelandA+F1+
11 AndorraBBB+F2
12 UAEAAF1+
13 ArmeniaB+B
14 AngolaBB
15 ArgentinaBB
16 AustriaAA+F1+
17 AustraliaAAAF1+
18 AzerbaijanBB+B
19 Bangladeshbb-B
20 BelgiumAA-F1+
21 BulgariaBBBF2
22 Bahrainbb-B
23 BeninBB
24 Boliviabb-B
25 Brazilbb-B
26 BelarusBB
27 CanadaAAAF1+
28 CongoCCC
29 SwitzerlandAAAF1+
30 Ivory CoastB+B
31 ChileAF1
32 CameroonBB
33 ChinaA+F1+
34 ColombiaBBBF2
35 Costa RicaBBB
36 Cape VerdeBB
37 CyprusBB+B
38 CzechAA-F1+
39 DenmarkAAAF1+
40 Dominican Republicbb-B
41 EcuadorBB
42 EstoniaA+F1+
43 EgyptBB
44 EthiopiaBB
45 FinlandAA+F1+
46 GabonBB
47 Georgiabb-B
48 GhanaBB
49 GambiaCCCC
50 GuatemalaBBB
51 Hong KongAA+F1+
52 CroatiaBB+B
53 HungaryBBB-F3
54 IndonesiaBBBF2
55 IsraelA+F1+
56 IndiaBBB-F3
57 IraqB-B
58 IranB+B
59 IcelandAF1
60 JamaicaBB
61 KenyaB+B
62 South KoreaAA-F1+
63 KuwaitAAF1+
64 KazakhstanBBBF2
65 LebanonB-B
66 Sri LankaB+B
67 LesothoB+B
68 LithuaniaA-F1
69 LuxembourgAAAF1+
70 LatviaA-F1
71 LibyaBB
72 MoroccoBBB-F3
73 MoldovaB-B
74 MacedoniaBBB
75 MaliB-B
76 MongoliaBB
77 MaltaA+F1+
78 MaldivesB+B
79 MalawiB-B
80 MexicoBBB+F2
81 MalaysiaA-F1
82 MozambiqueRDC
83 NamibiaBB+B
84 NigeriaB+B
85 NicaraguaBB
86 NetherlandsAAAF1+
87 NorwayAAAF1+
88 New ZealandAAF1+
89 OmanBBB-F3
90 PanamaBBBF2
91 PeruBBB+F2
92 Papua New GuineaB+B
93 PhilippinesBBBF2
94 PakistanBB
95 PolandA-F2
96 ParaguayBBB
97 QatarAA-F1+
98 RomaniaBBB-F3
99 SerbiaBBB
100 RussiaBBB-F3
101 RwandaB+B
102 Saudi ArabiaA+F1+
103 Seychellesbb-B
104 SwedenAAAF1+
105 SingaporeAAAF1+
106 SloveniaA-F1
107 SlovakiaA+F1+
108 San MarinoBBB-F3
109 SurinameB-B
110 SalvadorB-B
111 ThailandBBB+F2
112 TurkmenistanCCC-C
113 TunisiaB+B
114 TurkeyBBB
115 TaiwanAA-F1+
116 UkraineB-B
117 UgandaB+B
118 UruguayBBB-F3
119 VenezuelaRDC
120 VietnamBBB
121 South AfricaBB+B
122 ZambiaBB
RatingRating value
AAAlowest risk, highest creditworthiness
AA+moderate risk, very high creditworthiness, first level
AAmoderate risk, very high creditworthiness, second tier
AA-moderate risk, very high creditworthiness, tier three
BUTmoderate risk, high creditworthiness, second level
BUT-moderate risk, high creditworthiness, third level
VVV+moderate risk, sufficient creditworthiness, first level
VVVmoderate risk, sufficient creditworthiness, second level
VVV-moderate risk, sufficient creditworthiness, third level
CCChigh risk and threat of default, significant credit risk

Index with a "human face"

The last few years have demonstrated the importance of such an indicator of economic development as social progress. The previous indicators corresponded to economic theories, but they did not show how the growth of the economy affects people's lives. Therefore, in 2013, the Social Progress Index was developed as an alternative to economic indicators. Its author is Harvard University professor Michael Porter. This rating is calculated based on the analysis of sociological survey data, expert opinions and statistical information from international organizations. Determining the achievements of each country in this area, the researchers took into account more than fifty factors.

  1. This is the satisfaction of basic needs - food, water and medical care, housing, a degree.
  2. Then the fundamental foundations of well-being are taken into account - access to education and information, the level of literacy and communication.
  3. And, finally, development opportunities are analyzed - the level of protection of civil and political rights and self-realization is determined.
RATINGCOUNTRYINDEX
1 Norway90.26
2 Iceland90.24
3 Switzerland89.97
4 Denmark89.96
5 Finland89.77
6 Japan89.74
7 Netherlands89.34
8 Luxembourg89.27
9 Germany89.21
10 New Zealand89.12
11 Sweden88.99
12 Ireland88.82
13 UK88.74
14 Canada88.62
15 Australia88.32
16 France87.88
17 Belgium87.39
18 South Korea87.13
19 Spain87.11
20 Austria86.76
21 Italy86.04
22 Slovenia85.50
23 Singapore85.42
24 Portugal85.36
25 United States of America84.78
26 Czech84.66
27 Estonia83.49
28 Cyprus82.85
29 Greece82.59
30 Israel82.47
60 Russia70.16

From the results of the studies we analyzed, it is clear that there is a direct relationship between economic freedom, financial security, standard of living, and social progress. Countries such as New Zealand, Australia, Canada, Switzerland, Norway, the Netherlands are leading among those who provide their citizens with dignity and at the same time respect civil and political rights, and also pay their bills honestly. Little Asian "tigers": Singapore or Hong Kong, as well as oil "millionaires" (UAE, Qatar) are "ahead of the rest" in terms of economic freedom and per capita income. But countries with a strong and efficient economy - the USA, China, Japan, Great Britain, Germany - are distributed in different positions in the ranking, because. far from always being able to provide the people living there with a high level of income and opportunities for development.

The absolute wealth of a country is expressed by GDP. The absolute indicator of GDP indicates the general level of development of the country's economy and its share in the world gross product. The wealth of the inhabitants is usually calculated as the total GDP / number of citizens of the country. It is clear that the wealth ratings of countries and their inhabitants have little overlap with each other.

The richest countries in the world 2016 by absolute GDP

1st place in terms of wealth in 2016 is occupied by the United States

America, against the backdrop of a greatly slowed down China in 2016, no longer threatens to lose first place. Compared to last year, GDP grew by $433 billion and the gap from second place widened.

2nd place went to China

The Chinese economic “bubble” has been deflating throughout the past year. Structural problems associated with rising labor costs have so far been filled with money - about $400 billion of reserves have been spent. Although GDP growth has slowed down, it shows a stable positive result: +$171 billion.

3rd place - Japan

The global technology giant continues to show good economic growth, despite the non-volatility of Asian markets. +$202 billion

4th place went to Germany

Despite the problems in the Eurozone, its economic powerhouse managed to remain the fourth largest economy in the world. +$54 billion

5th place - Great Britain

The only country in the top five that showed a negative result according to IMF estimates from April to April.

Russia among the strongest economies in the world was in 14th position with a result of $1.1 trillion of GDP. The Russian Federation, although it showed negative growth, was able to climb one step in the ranking due to Mexico, which fell to 15th place.

List of Top 100 countries by absolute GDP in 2016

PlaceCountryGDP, billion $Change GDP, billion $
1 18558,1 +433,4
2 China 11383,0 +171,1
3 4412,6 +202,2
4 3467,8 +54,3
5 Great Britain 2761,0 -92,4
6 France 2464,8 -4,7
7 India 2288,7 -19,3
8 Italy 1848,7 +5,9
9 Brazil 1534,8 -369,1
10 Canada 1462,3 -153,2
11 South Korea 1321,2 -113,9
12 Spain 1242,4 +12,2
13 Australia 1200,8 -51,5
14 Russia 1132,7 -43,3
15 Mexico 1082,4 -149,6
16 Indonesia 937,0 +41,3
17 Netherlands 762,5 +13,1
18 Turkey 751,2 -1,3
19 Switzerland 651,8 -36,6
20 Saudi Arabia 618,3 -30,7
21 Nigeria 538,0 +22,6
22 Sweden 512,7 +25,3
23 Taiwan 508,8 -19,0
24 Poland 473,5 -17,7
25 Belgium 465,2 +1,4
26 Argentina 437,9 -125,2
27 Thailand 409,7 +23,4
28 Iran 386,1 -7,4
29 Austria 384,8 +4,2
30 Norway 366,9 -54,1
31 UAE 325,1 -38,6
32 Hong Kong 322,4 +12,3
33 Philippines 310,3 +2,3
34 Malaysia 309,3 -18,6
35 Israel 306,2 -0,7
36 Denmark 301,8 +4,4
37 Singapore 294,6 -1,5
38 South Africa 266,2 -57,6
39 Ireland 254,6 +34,6
40 Colombia 253,2 -79,2
41 Chile 235,4 -15,1
42 Finland 234,6 -0,7
43 Bangladesh 226,3 +21,0
44 Portugal 205,1 +4,1
45 Vietnam 201,4 -3,1
46 Greece 194,6 -12,5
47 Venezuela 185,6 -53,9
48 Czech 185,3 +4,2
49 Romania 181,9 +4,6
50 Peru 178,6 -13,5
51 Qatar 170,9 -14,5
52 New Zealand 169,9 -2,3
53 Algeria 166,0 -6,3
54 Iraq 148,4 -21,0
55 Hungary 117,7 -2,9
56 Kazakhstan 116,2 -57,1
57 Morocco 108,1 +5,0
58 Kuwait 106,2 -14,5
59 Puerto Rico 99,7 -1,9
60 Ecuador 94,0 -4,8
61 Sudan 93,7 +10,1
62 Slovakia 89,8 +3,2
63 Sri Lanka 84,8 +2,7
64 Ukraine 83,6 -7,0
65 Angola 81,5 -21,5
66 Myanmar 74,0 +7,0
67 Dominican Republic 71,4 +3,9
68 Guatemala 68,1 +4,2
69 Ethiopia 67,4 +5,8
70 Kenya 64,7 +3,3
71 Uzbekistan 61,6 -4,0
72 Luxembourg 60,2 +2,8
73 Costa Rica 56,9 +4,0
74 Panama 55,8 +3,6
75 Uruguay 53,1 -0,6
76 Lebanon 52,8 +1,6
77 Oman 51,7 -6,8
78 Croatia 49,9 +1,1
79 Bulgaria 49,4 +0,4
80 Tanzania 45,9 +1,0
81 Belarus 45,9 -8,7
82 Tunisia 44,0 +0,4
83 Slovenia 43,8 +1,0
84 Macau 43,6 -2,6
85 Lithuania 43,0 +1,8
86 Congo 41,2 +2,3
87 Jordan 39,8 +2,2
88 Libya 39,3 +1,0
89 Ghana 38,2 +2,1
90 Serbia 37,4 +0,9
91 Yemen 37,3 +0,5
92 Turkmenistan 35,4 -0,3
93 Azerbaijan 35,1 -18,9
94 Ivory Coast 34,7 +3,5
95 Bolivia 34,0 +0,8
96 Cameroon 30,3 +1,8
97 Bahrain 30,1 -0,3
98 Latvia 28,2 +1,1
99 El Salvador 27,3 +1,6
100 Paraguay 26,8 -1,3

It is clear that China, with a population of 1.36 billion people, is much easier to achieve absolute indicators than relative ones. The relative indicator of GDP is based on the ratio of the GDP produced by the country to the size of its population and characterizes the wealth and standard of living of the citizen himself.

The richest countries in the world 2016 by the level of well-being of citizens (GDP per capita)

The richest citizens of 2016 live in Luxembourg

The miniature state still lives on the rent from offshore and banking income and feels great about it. Citizens get $104,000 of the country's GDP per person.

2nd place - Switzerland

Swiss banking secrecy and tourism allows the country's citizens to be among the wealthiest in the world. GDP per capita - $ 78 thousand.

3rd place was taken by Norway

The Nordic country, despite significant losses from falling oil prices, managed to remain in the top three countries with the highest living standards. $69712

4th place - Qatar

The oil-producing Middle Eastern state has lost more than Norway from the fall of oil. If last year Qatar was in the lead in the list, now it is only the fourth place with a result of $66,000 per person.

Rounding out the top five - Macau

The Special Administrative Region of China, with a small population of 500,000 by Chinese standards, earns from tourism (an annual flow of 25 million) and gambling, which makes up 40% of GDP. $62.5 thousand

Russians in 2016 they became poorer by $1,300 per person. $7750 is the 73rd result.

List of Top 100 countries by GDP per capita

PlaceCountryGDP in $ per personChanges
1 Luxembourg 104359 +2365
2 Switzerland 78179 -2496
3 Norway 69712 -5110
4 Qatar 66265 -10311
5 Macau 62521 -6788
6 57220 +1415
7 Iceland 56114 +5259
8 Ireland 54464 +3113
9 Denmark 53104 +990
10 Singapore 52755 -133
11 Sweden 51136 +1270
12 San Marino 49991 +144
13 Australia 49145 -1817
14 Netherlands 44828 +1225
15 Austria 44778 +1054
16 Hong Kong 43828 +1438
17 Finland 42654 +680
18 Great Britain 42106 -1665
19 41895 +899
20 Belgium 40688 +582
21 Canada 40409 -2923
22 France 38173 +498
23 New Zealand 36254 -791
24 Israel 35905 +562
25 34871 +2385
26 UAE 32989 -3071
27 Italy 30232 +365
28 Puerto Rico 28720 -516
29 Spain 26823 +958
30 Korea 25990 -1205
31 Kuwait 25142 -4221
32 Bahamas 24213 +310
33 Malta 24013 +1184
34 Cyprus 22903 +316
35 Bahrain 22798 -712
36 Taiwan 21607 -681
37 Brunei 21497 -6740
38 Slovenia 21210 +477
39 Portugal 19684 +563
40 Saudi Arabia 19313 -1500
41 Estonia 18180 +892
42 Greece 18035 -30
43 Czech 17543 +286
44 Trinidad and Tobago 17456 -630
45 Saint Kitts and Nevis 16794 +684
46 Palau 16716 +646
47 Slovakia 16575 +583
48 Barbados 16044 +270
49 Uruguay 15506 -243
50 Seychelles 15400 +459
51 Lithuania 14965 +755
52 Antigua and Barbuda 14753 +339
53 Latvia 14259 +640
54 Panama 13644 +631
55 Oman 13060 -2173
56 Chile 12938 -403
57 Poland 12460 -36
58 Hungary 11970 -270
59 Croatia 11876 +303
60 Costa Rica 11614 +677
61 Lebanon 11484 +247
62 Argentina 10051 -3538
63 Malaysia 9811 +254
64 Eq. Guinea 9604 -2158
65 Turkey 9562 +125
66 Mauritius 9422 +203
67 Grenada 9332 +396
68 Maldives 9281 +281
69 Romania 9157 +251
70 Mexico 8415 -594
71 China 8240 +250
72 Saint Lucia 8188 -4
73 Russia 7743 -1312
74 Suriname 7701 -1604
75 Gabon 7530 -206
76 Brazil 7447 -1223
77 Dominica 7363 +332
78 Saint Vincent and the Grenadines 7124 +241
79 Dominican Republic 7074 +318
80 Bulgaria 6927 +96
81 Montenegro 6713 +224
82 Turkmenistan 6479 -143
83 Kazakhstan 6472 -3324
84 Libya 6158 +99
85 Thailand 5940 +197
86 Venezuela 5908 -1837
87 Botswana 5897 -144
88 Jordan 5705 +192
89 Ecuador 5688 -383
90 Fiji 5550 +177
91 Peru 5513 -508
92 Serbia 5241 +122
93 Colombia 5195 -889
94 Macedonia 5021 +234
95 Namibia 5005 -772
96 Jamaica 4968 +20
97 Belize 4866 +24
98 Belarus 4855 -894
99 Iran 4799 -78
100 South Africa 4768 -926

While GDP at purchasing power parity may not be a fair estimate and akin to a mental balancing act like the Big Mac index, we present the existing data.

Ranking of countries by GDP PPP per capita 2016

1 Qatar129511,8
2 Luxembourg100991,1
3 Macau87845,5
4 Singapore86853,7
5 Brunei77661,9
6 Kuwait70586,6
7 Norway69031,1
8 UAE67946,5
9 San Marino64464,5
10 Switzerland59150,1
11 Ireland58372,7
12 Hong Kong58128,0
13 57220,2
14 Saudi Arabia53728,2
15 Bahrain50667,4
16 Netherlands50338,9
17 Sweden49424,5
18 Australia48196,0
19 Austria48098,2
20 Iceland48042,4
21 Taiwan47811,6
22 47535,6
23 Denmark46704,0
24 Canada46199,4
25 Oman44530,5
26 Belgium44143,7
27 Great Britain42041,3
28 France41867,9
29 Finlandia41690,1
30 38731,3
31 Puerto Rico37869,3
32 South Korea37699,2
33 Malta37328,3
34 New Zealand36950,1
35 Italy36191,1
36 Spain36142,8
37 Israel34335,7
38 Cyprus33304,0
39 Czech32599,9
40 Trinidad and Tobago32432,0
41 Slovenia31871,8
42 Slovakia31012,8
43 Lithuania29716,6
44 Estonia29543,3
45 Equatorial Guinea28923,6
46 Portugal28479,6
47 Poland27670,5
48 Malaysia27278,2
49 Seychelles27230,4
50 Hungary27145,7
51 Greece26609,5
52 Saint Kitts and Nevis25912,9
53 Latvia25883,3
54 Bahamas25507,2
55 Russia 25185,5
56 Kazakhstan24176,9
57 Antigua and Barbuda23922,4
58 Chile23803,3
59 Panama22861,4
60 Argentina22303,2
61 Croatia22296,2
62 Uruguay21944,3
63 Romania21916,4
64 Turkey21198,5
65 Mauritius20442,6
66 Bulgaria19839,1
67 Gabon19149,9
68 Lebanon18425,8
69 Mexico17905,5
70 Iran17888,3
71 Azerbaijan17486,5
72 Belarus17440,8
73 Turkmenistan17072,5
74 Barbados17050,0
75 Montenegro17022,0
76 Botswana16938,2
77 Thailand16706,3
78 Iraq16323,3
79 Costa Rica16088,6
80 Suriname15977,0
81 Dominican Republic15776,9
82 Palau15483,0
83 Maldives15345,7
84 Venezuela15251,5
85 China15095,2
86 Brazil15048,6
87 Algeria14857,3
88 Macedonia14631,1
89 Libya14348,8
90 Colombia14171,2
91 Serbia14047,0
92 Grenada13599,2
93 South Africa13166,2
94 Peru12580,6
95 Jordan12358,5
96 Mongolia12133,5
97 Egypt12113,1
98 Saint Lucia11944,4
99 Namibia11903,9
100 Albania11821,7

Many people like to travel the world to see with their own eyes not only the famous monuments of architecture and art, but also the lives of completely different people. How do Americans, Italians or New Zealanders live? Better than us, or vice versa? After all, probably everyone wants to live where it's good?

Thus, the scientists of The Legatum Institute compiled a rating of countries in terms of living standards and prosperity based not only on numerical indicators (climatic, economic, environmental, etc.), but also taking into account the opinions of the inhabitants of countries obtained as a result of surveys. The latter identified such important criteria as social life in the country, comfort of living, the attitude of residents towards foreigners, freedom of movement and doing business, and many others.

So, below are the countries with a high standard of living, which occupy the first fifteen positions in the ranking.

15. Austria

This country ranks fifteenth in the ranking. Nevertheless, it is here that the highest level of education in the whole world is. Thus, more than 80% of Austrian citizens aged 25 to 65 have an education of at least secondary. In addition, the people of the country are known for their strong sense of community. More than 90% believe that in difficult times they can rely on one of their countrymen.

The average income of an Austrian family is 28,852 thousand dollars a year.

14. Germany

The Germans are in the position above. They are known to be hardworking people. There is practically a population, there is no unemployment. About 80% of citizens aged 15 to 65 work in paid positions.

Germany has a rather high rate (81 years). And the average earnings - 30 721 thousand dollars a year.

In addition, surveys have shown that 75% of Germans experience much more positive emotions per day (such as joy, pride in accomplishments, a sense of calm, and others) than negative ones.

13. Iceland

Iceland previously occupied the twelfth position (ranking of countries by standard of living, compiled in 2012). Today, however, its performance has deteriorated somewhat. But, despite this, the country is flourishing, and is considered one of the best places for a comfortable life. The ecology of Iceland is at a very high level. A huge amount of forests has been preserved here, and therefore, citizens breathe clean air.

The average income of an Icelandic family is $23,047 per person.

12. Ireland

The Irish are famous for their friendliness and good humor. They are all "one big family", and can rely on each other in a difficult situation. And also do not forget to work and build your personal life. Thus, Ireland scored the most points in the category "balance between personal life and work."

The average income of the population is 24,104 US dollars per year (per person).

11. United States of America

In contrast to previous years, the United States has lost ground, and today it no longer falls short of tenth place in the ranking. However, Americans score best in the safety and housing categories. As well as the world's highest average per capita income - 38,001 thousand dollars a year.

10. Luxembourg

Top ten ranking opens Luxembourg. The country received the highest scores in the categories "ecology" and "health" (the level of air pollution here is within the limits of PM10). In addition, it is distinguished by a high life expectancy - 81 years. Citizens of Luxembourg are confident in the future, are satisfied with politics and actively participate in elections (91% of the country).

Average earnings are 23,047 thousand US dollars per year.

9. Netherlands

The Netherlands has the least work - only 1379 hours a year. However, the average income here is much higher than in other countries - 25,493 thousand dollars a year. The country also received a large number of points for general education programs.

8. Finland

Finland has a very high level of education and knowledge in general. Thus, the average Finnish student scored 543 points in mathematics, literacy and science. These are very high figures. According to surveys, more than 80% of Finns are satisfied with their standard of living.

The average income of each family member here is 25,739 thousand dollars.

7. Australia

Over the past years, the country's performance has fallen sharply. So, from third place (ranking of countries by standard of living, compiled in 2012), Australia moved to seventh.

However, there are still high rates in such categories as "housing conditions", "health care", "civic activity". All this makes the state-continent one of the most comfortable and happy countries.

Life expectancy is 82 years, and income is 28,884 thousand dollars a year.

6. Denmark

The country has the highest in the “life satisfaction” category: 90% of citizens are happy and experience a lot of positive emotions every day. High performance in the ranking of "balance between personal life and work." The Danes have time for everything.

The average annual income is 24,682 thousand dollars.

5. New Zealand

The country actively uses renewable energy sources. Much more often than in other countries. There is a high level of knowledge in the field of natural sciences and humanities. By the way, the results of testing knowledge in women are higher than in men.

The median annual income is $21,892.

4. Sweden

High level of education: 90% of the population have a diploma of secondary education. High level of ecology: clean air and drinking water. The median income is $26,242.

3. Canada

There are a lot of immigrants here, which indicates a high standard of living. After all, if it were bad, no one would go to Canada. Education, healthcare and ecology are at the highest level. But crime is very low here, so many emigrate here for the sake of peace and security. The country has a high level of social support and is quite good. Thus, the average figure is $ 38,194 per year.

2. Switzerland

Almost all indicators of the country's well-being are very high. This also applies to the level of education, and life expectancy, and the quality of housing conditions, health care, and others. Excellent performance in OECD general education programs. High life expectancy. There is no unemployment and no crime. The average income of the population is $ 30,060 per year.

1. Norway

So, Norway leads the ranking of countries in terms of living standards. The country won the first place thanks to its social and economic indicators. And also according to the results of the assessment of natural resources. Thus, 5% of the entire territory of the country is occupied by transparent and clean water bodies, 23% - by vast forests, the wildlife of which is under reliable protection.

In Norway, not only a favorable environmental situation, but also the highest standard of living. The country guarantees reliable and safe public transport, postal communications, land and air communications. There are no power supply problems here. High quality housing provided at affordable prices. The median income is $31,459 per year.

Unfortunately, Russia is not even included in the top twenty of the world. Our state occupies only 61 positions in the ranking. The main problem, according to surveys, is security. More than half of the respondents are afraid to be outside at night.


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