November 4, 2016

Finland rises to 3rd on global prosperity index

London-based think tank the Legatum Institute surveyed 149 nations around the world.
London-based think tank the Legatum Institute surveyed 149 nations around the world.
Visit Finland / Juho Kuva

Improvements in governance, education, and personal freedom over the past decade have seen this Nordic nation continue its ascent on the annual survey of prosperity worldwide.

Altogether, the Legatum Prosperity Index looked at 149 nations across economics, business environment, governance, education, health, personal freedom and environment. Data was sourced from the likes of the World Health Organisation and the World Bank.

Finland’s ranking improved by six places from last year.

The report tipped its hat to Finland’s social and structural reform, which has seen greater prosperity eventuate in the face of declining wealth.

New Zealand and Norway took the top two spots overall on the index.

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