The Legatum Institute, a London based think-tank just released its 10th annual global Prosperity Index, a huge survey that ranks what it calls the most prosperous countries in the world.
The amount of money a country has is one factor of prosperity, but the Legatum Institute considers much more than that in its ranking.
The organisation compared 104 variables to come up with its list. These variables include traditional indicators like per-capita gross domestic product and the number of people in full-time work, but also more interesting figures such as the number of secure internet servers a country has, and how well-rested people feel on a day-to-day basis.
The variables are then split into nine subindexes: economic quality, business environment, governance, education, health, safety and security, personal freedom, social capital, and natural environment.
The index looked at the 149 countries in the world that have the most available data. For the last seven years of the index, Norway has taken the top spot, but in 2016 a new nation is the world’s most prosperous.
Find out the results below.
25. Portugal — Portugal ranked inside the top 50 countries globally in all but one sub-index, but scored highest in personal freedom, where it was 10th overall.
24. Malta — The small island nation in the Mediterranean was in the top 20 in four areas, but did best when it comes to social capital, ending 8th overall.
23. Hong Kong — Although Hong Kong’s status as an independent country is not recognised by the United Nations, it still features on the Prosperity Index, and does pretty well. Hong Kong has the 4th best business environment anywhere on earth.