The World's Top 10 Most Prosperous Countries

on November 05 2012 11:03 AM
  • Dublin Gardens
    Best Ranking: 4th in Safety GDP/Capita(PPP): $40,464 Avg. Life Satisfaction: 7.01 of 10 Wikimedia Commons
  • Vitznau, Switzerland
    Best Ranking: 1st in Governance GDP/Capita(PPP): $46,385 Avg. Life Satisfaction: 7.52 of 10 Wikimedia Commons
  • Marken Lighthouse, Netherlands
    Best Ranking: 6th in Capital GDP/Capita(PPP): $42,165 Avg. Life Satisfaction: 7.56 of 10 Wikimedia Commons
  • Jyväskylä_University_-_Department_of_Physics
    Best Ranking: 3rd in Safety GDP/Capita(PPP): $36,473 Avg. Life Satisfaction: 7.35 of 10
  • Rogers Center, Toronto
    Best Ranking: #1 in Freedom GDP/Capita(PPP): $39,050 Avg. Life Satisfaction: 7.43 of 10 Wikimedia Commons
  • Auckland, New Zealand
    Best Ranking: #1 in Education GDP/Capita(PPP): $29,535 Avg. Life Satisfaction: 7.19 of 10 Wikimedia Commons
  • Sydney
    Best Ranking: 2nd in Education GDP/Capita(PPP): $38,160 Avg. Life Satisfaction: 7.41 of 10 Wikimedia Commons
  • Sweden
    Best Ranking: 2nd in Entrepreneurship GDP/Capita(PPP): $39,024 Avg. Life Satisfaction: 7.38 of 10 Wikimedia Commons
  • Denmark
    Best Ranking: 1st in Entrepreneurship GDP/Capita(PPP): $40,163 Avg. Life Satisfaction: 7.79 of 10 Wikimedia Commons
  • Norway
    Best Ranking: 1st Overall GDP/Capita(PPP): $57,231 Avg. Life Satisfaction: 7.63 of 10 Wikimedia Commons
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While global prosperity increased during the past four years, the U.S.’s prosperity level has plummeted, according to a recently released prosperity index put out by the Legatum Institute.

Normally a stalwart among the top 10 most prosperous nations, the U.S. slid to No. 12, while Norway, Denmark, and Sweden were announced as the top three most-prosperous nations.

According to the research group's report, the ideal of the American Dream may very well be in flux.

“As the U.S. struggles to reclaim the building blocks of the American Dream, now is a good time to consider who is best placed to lead the country back to prosperity and compete with the more agile countries,” Jeffrey Gedmin, the Legatum Institute’s president and chief executive officer, said in a statement, according to Bloomberg.

Economically, the report finds that the U.S. is below 19 of its rivals, while its citizens’ respect for government has fallen, its high-technology isn’t being exported, and its startup costs are surging.

The six-year-old Legatum Institute is the public policy branch of the Legatum group—a Dubai-based private investment firm founded by Kiwi billionaire Christopher Chandler.

The Institute derives its index by analyzing eight categories: economy, education, entrepreneurship and opportunity, governance, health, personal freedom, safety and security, and social capital.

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