To know a developed country a lot of indicators must be checked, things like a highly developed economy, technological advancement and infrastructure growth, are just a few things to know whether a country can be considered as a developed nation.
There are several criterias that are used for ranking the most developed countries in the world, but the countries mentioned in this article are ranked according to their HDI, which is short for United Nations Human Development Index, the HDI combines economic measure and national income with life expectancy, education and the freedom its citizens enjoy to form a reliable rating, furthermore all of these countries boast perfect health care and economic welfare, high standard of living and a large number of job opportunities.
So here are the 15 Most Developed Countries to Live in the World :
15- Canada :
Just like its neighboring country USA, Canada’s human development index has dropped in recent years from the top 10. nevertheless it is still one of the most developed countries in the world with the score of 0.929 by the human development index, furthermore it’s one of the world’s wealthiest nations and has an economy dominated by the service industry, alongside all this it has a high quality of life which is completely satisfactory for its people and its healthcare is what stands it above the rest, its medicare system offers free basic health care to everyone based on need rather the ability to pay.
14- New zealand :
New zealand is a wealthy nation comprising of two main islands and many smaller islands, the country has a market economy which is prominently dependent upon agriculture but manufacturing and tourism also makes significant contributions. the average life expectancy in New Zealand is 80 and the country’s GDP is 214 billion dollars alongside high GDP per Capita and with its human development index at 0.931, it’s the world’s 14th most developed country, moreover all residents in New Zealand have access to government subsidized care which can be used with no out-of-pocket costs.
13- Belgium :
Belgium is regarded as the symbolic capital of europe, the headquarters of the european union are based in brussels and it’s centrally located in western europe, it is the 13th most developed country in the world with an advanced high income economy, it has very high standards of living, quality of life, healthcare, education and it’s categorized as very high in the human development index with a score of 0.931.
12- United Kingdom :
The United Kingdom is a highly developed nation that exerts considerable international economic, political, scientific and cultural influence, even after brexit its ranking is unaffected, currently the country’s HDI score is 0.932 and its high standards of living makes it the 12th most developed in the world, moreover it has the sixth largest economy in the world and the major contribution in its GDP is made by the service sector which is 78 percent.
11- Singapore :
Singapore has dropped the spot from ninth position and is currently the 11th most developed country in the world, but still it’s regarded as a high tech and one of the most prosperous countries in the world, with one of the world’s highest standards of living, additionally it has a highly trade oriented market economy with a GDP of 340 billion dollars along with fourth longest life expectancy which is 85 years.
10- Finland :
Finland is a small country on a global scale, the population of Finland makes up just 0.07 percent of the world’s population, but even a small country can jump to the top of the world, and this is what Finland has done in international country comparisons of positive things, Finland is often among the top countries next to other nordic countries, it scores highly in almost every index on the report from HDI foundations of well-being and personal freedoms.
9- Denmark :
Denmark has moved up a spot in this ranking since the score that it got is 0.940, what makes Denmark ranked among the highly developed countries of the world, is that it has a modern mixed economy which is highly developed has the highest levels of income equality is Europe’s, easiest place for doing business and offers low costs for establishing a business with a high standard of living.
8- The Netherlands :
The Netherlands is famously one of the most tolerant countries in the world, so its position in the top 10 should be no surprise, it’s one of the highest scoring countries on personal freedom and choice, its HDI value is 0.944, which puts the country in the very high human development category positioning, it at 8 out of 189 countries and territories, moreover its average life expectancy is 82 and the country is also ranked as the fourth happiest country in the world.
7- Australia :
The land down under has widespread industrialization and provides great health care for the majority of its citizens, although its human development ranking has dropped in the last four years it’s still considered one of the best developed countries to living, the life expectancy in this country is very high at 83 years and the country has consistently maintained one of the highest standards of living in the world, furthermore it has one of the largest capitalist economies in the world, the major contribution to its GDP of 1.3 trillion is made by the service sector while mining and agriculture also makes significant contributions.
6- Sweden :
Sweden’s strong economy and low unemployment rate are driven by public-private partnerships which is considered as the core of the swedish model, also the country has a heavily tax subsidized social security network, additionally it has a GDP of 538 billion dollars with one of the highest GDP per Capita, besides its economy, it has advanced welfare system high standards of living and a life expectancy of 82 which has made the country the sixth most developed in the world.
5- Germany :
The score that Germany got by the human development index is 0.947 which made this country rank as the fifth most developed, it is also the most industrialized the most populous and the largest national economy in europe, the concept of social market economy forms the basis of Germany’s economy moreover the health care system in Germany is considered to be the oldest and universal in the whole world.
4- Iceland :
Iceland ranks high in economic democratic and social stability as well as equality ranking third in the world by median wealth per adult, currently it ranks as the fourth most developed country in the world by the united nations human development index, and it ranks first on the global peace index although the economy of Iceland is small, it is still mixed with high levels of free trade.
3- Switzerland :
One of the world’s wealthiest nations, Switzerland has an extremely stable economy which follows the policy of long-term monetary security making it a preferred choice for investors around the globe, apart from foreign investment, the country relies upon its high labor specialization trade and industries to earn a GDP of 750 billion dollars, needless to say the country enjoys very high standards of living while the life expectancy is 82.
Furthermore, Switzerland might have some of the most expensive cities in the world to living, but its citizens get value for money, according to the social progress report, medical, education and safety is where the country shines.
2- Ireland :
A member of the eurozone, Ireland has a modern and highly industrialized economy which focuses on services and high-tech industries in recent years, its human development index rose dramatically, the country wasn’t even in the top 10 but now it ranks as the second most developed country, with a score of 0.955 , furthermore, Ireland has a high life expectancy which is 81 and according to several estimates, the country has the best quality of life with high wages.
1- Norway :
The world’s most developed country is Norway with a human development index of 0.957, the economy of Norway is mixed and ever growing since the start of the industrial era, it boasts a strongly integrated welfare system, a life expectancy of 82 and extremely high standards of living compared to other european countries.
In Norway, you can also enjoy high quality of life low unemployment rate and democracy since it is ranked as the most democratic country in the world.