5 Countries with the Highest Quality of Life Heading into 2024

In this article, we will look into the 5 countries with the highest quality of life heading into 2024. If you want to read our detailed analysis you can go directly to the 30 Countries with the Highest Quality of Life Heading into 2024.

5. Ireland

Human Development Index (2021): 0.945

Government Effectiveness (2022): 93.40

Economic Freedom Index (2023): 82.00

Insider Monkey Rating: 87.69 out of 100

Ireland is ranked 5th on our list, reporting an HDI of 0.945 as of 2021. According to the World Bank, Ireland reported a Government Effectiveness rating of 93.40%. The Economic Freedom Index rating of the county is 82 as of 2023.

4. Luxembourg

Human Development Index (2021): 0.931

Government Effectiveness (2022): 97.64

Economic Freedom Index (2023): 78.40

Insider Monkey Rating: 88.02 out of 100

 Luxembourg is ranked among the countries with the highest quality of life. As of 2021, it reported an HDI of 0.931. According to the World Bank, Luxembourg reported a Government Effectiveness rating of 97.64%. The Economic Freedom Index rating of the county is 78.40 as of 2023.

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.

2. Switzerland

Human Development Index (2021): 0.962

Government Effectiveness (2022): 99.53

Economic Freedom Index (2023): 83.90

Insider Monkey Rating: 91.71 out of 100

Switzerland reported an HDI of 0.962. According to the World Bank, Switzerland reported a Government Effectiveness rating of 99.53%. The Economic Freedom Index rating of the county is 83.90 as of 2023.

1, Singapore

Human Development Index (2021): 0.939

Government Effectiveness (2022): 100

Economic Freedom Index (2023): 83.90

Insider Monkey Rating: 91.95 out of 100

Singapore ranks first on our list of the countries with the highest quality of life heading into 2024. As of 2021, Singapore reported an HDI of 0.939 as of 2021. According to the World Bank, Singapore reported a Government Effectiveness rating of 100%. The Economic Freedom Index rating of the county is 83.90 as of 2023.

You can also look at 30 poorest Countries in the World and 12 Best Stocks in Each Sector.