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Page added on November 3, 2014
Norway ranked the world’s most prosperous country
Legatum Institute’s 2014 Prosperity Index ranked Norway as the world’s most prosperous country for the second year in a row, The Local reports. The United States came in 10th.
The study, now in its eighth year, takes into account each country’s economy, entrepreneurship, governance, education, personal freedom, health, security, and social capital. The research included 142 countries, which represent more than 96 percent of the world’s population and 99 percent of global GDP.
According to the research, an impressive 94.9 percent of Norwegians said they felt they could rely on their fellow citizens in a time of need. Scandinavia fared well overall, too: In addition to Norway’s taking the top spot, Denmark ranked fourth, Sweden ranked sixth, and Finland ranked eighth.
Russia, meanwhile came in 68th place, ranking as Europe’s worst performing country. See the full rankings here.
– – Teresa Mull
6 Comments on "Norway ranked the world’s most prosperous country"
Plantagenet on Mon, 3rd Nov 2014 8:29 pm
Norway shows that the “oil curse” has more to do with bad leaders and corrupt regimes then the oil itself. Take a nice Scandinavian country like Norway and give it lots of oil and you wind up with the wealthiest country in the world.
dissident on Mon, 3rd Nov 2014 8:54 pm
Another stupid little doggie contest to make the ignorant feel good about themselves.
Norway has 5 million people and a revenue of $96 billion from oil and gas exports. The country to the east it is being compared to has 29 times more people and oil and gas revenues from exports 3.6 times higher. They should compare it to Saudi Arabia.
Apneaman on Mon, 3rd Nov 2014 9:24 pm
Plant
Or maybe it has to do with being white & European and not on the colonial hit list. I’m Canadian and we are #5 on that list and we are now a disgustingly corrupt petrol state. We also have great wealth inequality and the highest level of household debt in the world.(Housing bubble 2.0) All government environmental scientists are muzzled and vetted/coached before they can speak to the press about their work. Not even in police state America does that happen. At least not officially like here. They announced it in the media here as if to say, we will decide what scientific results you can and cannot see for your hard earned your tax dollars. Now fuck off! At least we still got health care and flat screens. Prosperity reigns in the great white north.
vasras on Tue, 4th Nov 2014 1:19 am
Norway’s finance minister, Siv Jensen, accepts “Peak Moment” for Norway in an interview with Financial Times (3rd of November, 2014):
http://video.ft.com/3872857715001/Oil-and-politics-lessons-from-Norway/latest
Davy on Tue, 4th Nov 2014 5:37 am
Forget the stupid games of comparing nations. Let us compare locals or groups of regional locals in a game of who is sustainable and resilient. We should ask who are the exceptional world citizens and not who is BAU prosperous. Who are partners and handmaidens to Mother Nature not who has the best economy?
Yes, this sounds goofy, new age, and out of touch. This is what a paradigm shift is like one is approaching so get prepared. Right is wrong and wrong is right. Paradoxes will grow up around us like fresh grass in the spring. Get ready for your world to be turned upside down and inside out.
steve on Tue, 4th Nov 2014 8:18 am
Have to agree with Davy..in a peak oil scene BAU will not be so….