Norway was named the world’s most prosperous country for the seventh consecutive year. Neighbouring countries Denmark and Sweden also made the top five. The UK was 15th, achieving the biggest turnaround of any major developed economy. The US fell one place to 11th, while China, the world’s second largest economy, was 52nd. The Legatum Institute ranks countries based on 8 criteria. Northern European countries always take top spots on the list due to their advanced education, business opportunities, economics, average income, health, and social welfare.
