The 9 advanced economies with the best quality of life in the world
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Barbara Tasch
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It measures 109 countries for inclusive development and the results are derived by looking at 12 key performance indicators of inclusive development under three pillars:
- Growth and Development;
- Inclusion;
- Intergenerational Equity and Sustainability.
Within these pillars, WEF gets a score from looking at each country's ranking in:
- GDP growth, labour force participation and productivity, and healthy life expectancy;
- Median household income, poverty and two inequality measures
- Adjusted net saving (including natural capital depletion and human capital investment), demographic dependency ratio, public debt and carbon intensity.
Out of the 109 countries measured, 30 are considered "advanced economies." The UK and US ranked 21 and 23, respectively.
We took a look at the top 9 most advanced economies:
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