Legatum Institute, a British think-tank, has published 2015 Prosperity Index data. The Legatum Prosperity Index contains data on 142 countries for 89 variables, spread across eight sub-indices.
The Prosperity Index offers a unique insight into how prosperity is forming and changing across the world. Traditionally, a nation’s prosperity has been based solely on macroeconomic indicators such as a country’s income, represented either by GDP or by average income per person (GDP per capita). However, most people would agree that prosperity is more than just the accumulation of material wealth. It is also the joy of everyday life and the prospect of being able to build an even better life in the future.
The Index is distinctive in that it is the only global measurement of prosperity based on both income and well-being. In recent years, governments, academics, international organisations, and businesses have increasingly moved their attention towards indicators that measure well-being as a complement to GDP.
The Prosperity Index tells us that the story of human progress goes beyond economics. It tells us that for nations to flourish they must provide opportunity and freedom to their citizens. It shows how access to quality healthcare and education provide the foundations on which nations can grow. It proves that effective and transparent government empowers citizens to take control of their lives. And it shows that protection from violence and oppression, as well as strong social bonds, are crucial to a thriving society.
Last year the Prosperity Index struck an optimistic tone, explaining that the world was becoming increasingly prosperous. This remains true, but the 2015 Prosperity Index reveals that the world is becoming an increasingly dangerous place. – Sian Hansen, Legatum Institute Executive Director
According the 2015 data, top 10 most prosperous economies were:
- New Zealand
- the Netherlands
- Republic of Ireland
Best performance by sub-indexes:
- Economy: Singapore
- Entrepreneurship & Opportunity: Sweden
- Governance: Switzerland
- Education: Australia
- Healthcare: USA
- Safety & Security: Hong Kong
- Personal Freedom: Canada
- Social Capital: New Zealand
Montenegro ranks 60th globally in the 2015 Prosperity Index, having risen by five places since last year. Montenegro’s best performance is in the Safety & Security sub-index, where it ranks 48th in 2015. Montenegro’s lowest rank is in the Economy sub-index, where it ranks 112th in 2015. Montenegro was ranked for the first time 2012, when it took 57th place. In 2013, Montenegro was ranked 71st, and in 2014 65th.
Key findings of Montenegro:
|1.6%||Business start-up costs (% of GNI per Capita)|
|13.7%||Thinks it’s a good time to find a job|
|77.2%||Believe it’s a good place to live for immigrants|
|61.6%||Believe business / government corruption is widespread|
|7.6||Teacher to pupil ratio|
|86%||Say they can rely on others in times of need|
Source: LI.com , prosperity.com