Markets

Insider Trading

Hedge Funds

Retirement

Opinion

15 Countries that Speak English the Best

In this article, we will talk about the 15 countries that speak English the best. If you want to skip our detailed analysis, you can go directly to the 5 Countries that Speak English the Best.

English is one of the most spoken languages in the world, and the number of English speakers is growing worldwide. According to Tomedes, the number of English speakers increased from 1.05 billion in 2011 to 1.30 billion in 2021, showcasing a growth rate of 23.31% in a decade. Moreover, English is also one of Europe’s most commonly spoken languages. According to data from Eurostat, more than 88% of the pupils in upper secondary education in the European Union were learning English as a foreign language in 2021. To read more about languages, you can look at the Top 25 Most Spoken Languages In The World 2024 and 15 Most Valuable Languages to Learn for International Business.

Economic Outlook of Europe  

The European economy is suffering from delayed rebound growth. However, on the bright side, inflation is easing faster. According to the Winter 2024 report by the European Commission, the economic activity in the euro area and the European Union expanded by only 0.5% in 2023. Furthermore, the growth outlook forecasts for 2024 have been revised to 0.9% in the European Union and 0.8% in the euro area. Despite the cut-down, the economy is expected to grow at 1.7% and 1.5% for the European Union and euro area, respectively. To learn more about European markets you can read 17 European Countries with the Highest Unemployment Rates and the 15 Top Performing European Stocks So Far in 2024.

The slower-than-expected growth rates of the European economy are attributed to factors including modest growth for the past two consecutive years, owing to the pandemic, falling household purchasing power, and collapsing external demand. Therefore, the economy entered 2024 on a weaker footing, leading to a subdued growth projection for the year. On February 22, Reuters reported euro zone business activity was inching towards growth in February as the dominant services sector broke a six-month streak of contraction, thus easing the business activity. Moreover, the HCOB’s preliminary composite Purchasing Manager’s Index (PMI), compiled by S&P Global, increased from 47.9 in January to 48.9 in February 2024, ahead of expectations of 48.5. 

Top Companies Driving Growth in European Markets

Some of the leading players in the European economy include TotalEnergies SE (EPA:TTE), Stellantis NV (BIT:STLAM), and BP plc (LON:BP).

TotalEnergies SE (EPA:TTE) is a leading multinational multi-energy company based in France. The company operates through drilling,  oil and gas production, refining, transporting, and storing petrochemical products. TotalEnergies SE (EPA:TTE) also involves itself in power generation through oil, gas, and renewable energy resources. Operations of TotalEnergies SE (EPA:TTE) extend to Europe, Asia-Pacific, Africa, the Middle East, and America. On March 4, TotalEnergies SE (EPA:TTE) reported it signed a partnership with Bapco Energies to enhance the trading of petroleum products. As a result of this partnership, TotalEnergies SE (EPA:TTE) will support Bapco Energies in optimizing its Sitra refinery, which is being upgraded to trade in petroleum products. 

Stellantis NV (BIT:STLAM) is a global automobile manufacturing company. The company designs, engineers, and distributes cars and automobile parts worldwide. Stellantis NV (BIT:STLAM) also operates in car retail and dealer financing, leasing, and rental services through its subsidiaries and partnerships. Some of the leading car brands by Stellantis NV (BIT:STLAM) include Alfa Romeo, Dodge, Fiat, Jeep, and Citroen. The company is headquartered in the Netherlands. On March 6, Stellantis NV (BIT:STLAM) announced its partnership with NEXUS Automotive International to boost the parts and after-sale market at a global level. As a result of this strategic partnership, NEXUS Automotive International customers will get Stellantis NV (BIT:STLAM) 360-degree products and services along with the current portfolio of NEXUS and will expand the reach of NEXUS Automotive International to North America, the Middle East, and Asia Pacific regions. 

BP plc (LON:BP) is a leading oil and gas-producing company based in London. The company engages in the exploration, development, and delivery of hydrocarbon products to more than 70 countries around the globe. BP plc (LON:BP) has an international presence in Asia, Africa, Europe, and North and South America. On February 2, BP plc (LON:BP) announced the appointment of Kate Thomson as Chief Financial Officer and board member. She immediately assumed office and has been the interim Chief Financial Officer since September 2023. Moreover, Kate Thomson has been with BP plc (LON:BP) since 2004, holding many senior-level financial roles, including the group treasurer. On February 6 BP plc (LON:BP) reported earnings for the fiscal fourth quarter of 2023. The company reported earnings per share of $1.07 and beat estimates by $0.07. The company’s revenue for the quarter amounted to $52.1 billion. Here are some comments from BP plc’s (LON:BP) Q4 2023 earnings call: 

Over the past 4 years, we’ve been accelerating our efforts to create a third value chain, lower carbon power and hydrogen. For example, using solar-wind to create lower carbon hydrogen to provide to our plants and customers and using those electrons to service the growing electricity demand through our EV charging business. Why? Because we can deliver higher margins with lower emissions. All of these chains are then optimized by our fantastic trading organization, driving superior returns to what a pure play can deliver. And the more we can interlink them, the more we can expand the returns. Over the past 4 years, we’ve delivered, on average, around a 4% uplift to group return on average capital employed across these chains through these efforts.

With this context, let’s look at the 15 countries that speak English the best.

spaxiax/Shutterstock.com

Our Methodology 

To gather the list of 15 countries that speak English the best, we sourced our data from the EF English Proficiency Index Report 2023. The English Proficiency Index uses English Proficiency (EF EPI) scores to rank countries across different proficiency bands, including very high, high, moderate, low, and very low. We selected the top 15 countries with the highest EPI scores and ranked them in ascending order. 

Please note that we only looked for non-English speaking countries and ruled out the United States, United Kingdom, Australia, and Canada. Moreover, we have cited GDP per capita and population figures, as of 2022, for each country from the World Bank. 

15 Countries that Speak English the Best

15. Romania

EPI Score: 596

Romania ranks first on our list. It is a European country with a population of approximately 19.04 million and a GDP per capita of $15,076.5. It ranks high on the English Proficiency Index 2023 with a score of 596. 

14. Finland

EPI Score: 597

Finland ranks 14 on our list of best English-speaking countries in the world. It is in Europe, with a population of 5.56 million and a GDP per capita of $53,654.8. It ranks under the ‘high proficiency’ countries per the English First EPI Index. It has an EPI score of 597.   

13. Poland

EPI Score: 598

Poland is another European country with a population of 36.8 million and a GDP per capita of $18,688. Though the official language of the country is Polish, it still ranks high on the English proficiency index with an EPI score of 598. 

12. Greece

EPI Score: 602

Greece ranks 12th on our list. It is situated in Europe and is a $217.58 billion economy with a GDP per capita of $20,867.3. The official language of Greece is Greek, but it still ranks under the ‘very high’ category of the English proficiency index, with an EPI score of 602.   

11. Croatia

EPI Score: 603

Croatia is a small European country. It has a population of 3.85 million, and Croatian is its official language. Croatia ranks 11th on our list of 15 countries that speak English the best, with an EPI score of 603. 

10. Germany

EPI Score: 604

Germany is another European country with a population of 83.8 million and a GDP per capita of $51,203.5. Though German is the official language of Germany, it still ranks higher on the English proficiency index with an EPI score of 604. 

9. South Africa

EPI Score: 605 

Ranking 9th on our list, South Africa. It is situated at the southernmost end of the African continent. It has a population of 59.9 million and has many official languages. It ranks high on the English proficiency index with an EPI score of 605.

8. Portugal

EPI Score: 607

Portugal is a southern European country that borders itself with Spain. It has a population of 10.4 million and speaks Polish as its official language. Poland ranks 8th on our list and has an EPI score of 607. 

7. Belgium

EPI Score: 608

Belgium is a Western European country with a population of 11.69 million. It has a GDP of $594.1 billion and a GDP per capita of $51,247. Belgium has three official languages, including Dutch, French, and German. It ranks under the “very high” category of the English proficiency index with an EPI score of 608. 

6. Sweden

EPI Score: 609

Sweden is a Scandinavian country with a population of 10.49 million. Thousands of coastal islands and glaciated mountains categorize the country. Sweden’s official language is Swedish, but it still ranks high in the English proficiency ranking, with an EPI score of 609. 

Click to continue reading and see the 5 Countries that Speak English the Best.

Suggested Articles:

Disclosure: None. 15 Countries that Speak English the Best is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.

For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

  • The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
  • Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
  • Lifetime Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

  1. Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
  2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
  3. Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…