5 Countries with the Highest Quality of Life Heading into 2024

3. Denmark

Human Development Index (2021): 0.948

Government Effectiveness (2022): 98.58

Economic Freedom Index (2023): 77.60

Insider Monkey Rating: 88.09 out of 100

Denmark is ranked 3rd on our list with an HDI of 0.948 as of 2021. According to the World Bank, Denmark reported a Government Effectiveness rating of 98.58%. The Economic Freedom Index rating of the county is 77.60 as of 2023.