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‘Best countries’ 2022: Who’s number one?
Wharton marketing professor David Reibstein unveils his annual “Best Countries” ranking and explains why Switzerland takes the top while the U.S. has never cracked first place.
Switzerland still top in the ‘best country’ ranking
Beste utdanningssystem:
Switzerland has the best education system in the world
Switzerland ranked as the best education system in the world but ranked third overall in the entire human capital report. The two countries to rank higher overall were Norway and Finland (Finland finishing in first). All three top countries were effectively developing and utilizing about 85 percent of their full human capital potential, the report noted. The Swiss dropped in rank significantly due, in part, to employment for over-65-year-olds. Switzerland ranked 85th place for this category. The silver lining is that the Swiss could earn a high level of prosperity throughout their lifetime, meaning older people are not forced to work beyond 65, which could account for the low ranking in this category. Just below Switzerland in the overall ranking is Japan. Other notable rankings:
- The United Kingdom ranking at 19th
- The United States ranking at 24th
- The Russian Federation ranking at 28th
- Kazakhstan ranking at 29th
- Spain ranking at 45th
- The United Arab Emirates ranking at 69th
SWITZERLAND: THE TOP-RANKED COUNTRY FOR EASE OF STARTING AND DEVELOPING A BUSINESS
Switzerland ousted as world’s most competitive country
Switzerland ranked top country in world for ‘human development’
In terms of average life expectancy, level of education, and standard of living, Switzerland is ranked in the first place out of 191 countries, according to the new Human Development Index (HDI), released by the UN Development Programme (UNDP).
It is the first time Switzerland nabbed the top position in the annual ranking, though it always hovered near the top, ranking third in 2020.
“The HDI is a summary measure for assessing long-term progress in three basic dimensions of human development: a long and healthy life, access to knowledge and a decent standard of living», the researchers explained.
Switzerland excelled in all three categories, scoring the HDI value of 0.962 for 2021, the value which positions the country “at 1 out of 191countries and territories”.
Switzerland did particularly well in the life expectancy category, as average lifespans have risen over the past three decades from 77.4 to 84 years.
Switzerland ranked as the most innovative country in the world
