5 Most Advanced Countries in the World in 2023

4. Switzerland

Ranking Composite Score: 4.72

Although Switzerland has recently had to get UBS to buy Credit Suisse, the country nevertheless remains one of the most advanced in the world. With a population of 8.7 million people, Switzerland has a GDP of $800.6 billion, ranking it among the larger economies in Europe. Given its ranking according to Global Finance, Switzerland ranks #4 on our list of 20 Most Advanced Countries in the World in 2023.