We often see lists regarding the most livable cities to reside in, but what are the most livable countries in the world? Recently 24/7 Wall St. took a look at these countries using data from the Human Development Index. This data is based off of factors such as having a healthy, long life, being knowledgeable, and having a good standard of living.
The seemingly biggest and most obvious factor in a country’s long term progress is its income. The more common it is for individuals to be bringing in solid paychecks, the more likely it is that they will have the tools to afford themselves a good standard of living. Throughout this list, we see numerous countries with high gross income per capita rates, which shows an individual’s average income measured against the countries.
Many of the other factors that go into determining the livability of a country include things such as life expectancy. The problem remains though, that if the income in a country is low, the health care budget may not be as large as one would like, leading to lower life expectancy rates. It’s no surprise that two of the lowest countries on this list, Niger and Congo, both have two of the top five lowest life expectancy rates on the planet.
Development in a nation is obviously more about money, but it does seem that income has a large effect on the other factors of development. A high gross income by no means guarantees that a nation will be highly livable, but an incredibly low income does ensure that the nation won’t be.
Now, lets take a look at the most livable countries in the world.
7. New Zealand
This country’s most notable attribute is its incredibly impressive education system. The average person in New Zealand receives more than 19 years of formal schooling. The country spends large portions of its budget on education and this has caused the country to be highly ranked in the other categories as well, such as life expectancy. Logically, the smarter a country is, the healthier and richer the populous will normally be.
Will New Zealand’s neighbor Australia make the list? Where will the countdown of the most livable countries in the world take us to next? Find out on the next page.