5 Countries With the Highest Economic Mobility in the World

4. Sweden

Social Mobility rank: 3

Economic Freedom Index rank: 10

Average Rank: 6.5

Shaking off low wealth redistribution levels and high income inequalities of the past, Sweden has entered the era of high inter-generational mobility. They are one of the affordable countries around the globe, have free healthcare and college education, inspiring parental leave, and the average person has one of the longest life expectancies. All these factors have a significant impact on engendering high social and economic mobility. Sustainable business and economic environment has been maintained by the government over the years, making them the 10^th freest country in the world. Thus, average rankings for our two indicators, allow us to add them to our list at the 4^th place.