FX.co ★ World's best countries in 2020

Switzerland

The country is ranked first in terms of all the specified indicators. It is rightfully considered one of the most developed countries in the world. Switzerland has the highest nominal wealth per adult and the eighth-largest GDP per capita. Zurich, Geneva, and Basel are also among the top ten cities in the world in terms of living standards. Zurich is ranked second. GDP: $705.5 billion. Population: 8.5 million. GDP per capita: $65,010.

Canada

The second position goes to Canada. The country is part of the G7 and a member of the Organization for Economic Co-operation and Development. Canada is one of the richest countries in the world with a high per capita income. In addition, it is one of the top ten largest exporting countries in the world. GDP: $1.7 trillion. Population: 37.1 million. GDP per capita: $49,690.

Japan

Japan can boast of a very high standard of living and the highest life expectancy. In addition, the statistics show the lowest infant mortality rate in Japan. The country occupies the 17th position in terms of the Human Development Index. Being part of the G7 and APEC member countries, Japan also serves as a non-permanent member of the United Nations Security Council. GDP: $5.0 trillion. Population: 126.5 million. GDP per capita: $44,246.

Germany

This is a developed country with a very high standard of living. The country's authorities guarantee citizens social security and a universal healthcare system, as well as environmental protection and free higher education. Germany, being one of the world's top three largest exporters, has proved to be a world leader in a number of industrial and technological sectors. GDP: $4.0 trillion. Population: 82.9 million. GDP per capita: $52,386.

Australia

Australia is a member of the G20, OECD, APEC, WTO, UN, ANZUS, Commonwealth of Nations, and the Pacific Islands Forum. The country is ranked sixth globally in terms of GDP per capita. The country has made significant progress in many areas, including quality of life, healthcare, education, economic freedom, protection of civil liberties, and political rights. GDP: $1.4 trillion. Population: 25.0 million. GDP per capita: $52,379.

Great Britain

Great Britain is a highly developed post-industrial state. London is one of three financial centers that influence the global economy, along with New York, and Tokyo. This largest financial hub alongside New York has the greatest city GDP in Europe. Edinburgh is also a major European financial center. GDP: $2.8 trillion Population: 66.5 million. GDP per capita: $45,741.

United States

The United States is the only global superpower and the largest economy in the world. Despite the fact that US residents account for only 4.3% of the global population, they own about 40% of total world wealth. The United States is a leader in terms of a number of social and economic indicators, including average wages, HDI, per capita GDP, and labor productivity. However, it is ranked seventh in the list of the best countries. GDP: $20.5 trillion. Population: 327.2 million. GDP per capita: $62,869.

Sweden

Sweden is ranked ninth among the most competitive economies in the world. Given the small population of the country, a fairly large number of global companies are located here. Sweden has 50 global firms, including ABB, Atlas Copco, Oriflame, Saab AB, Saab Automobile AB, Scania, Volvo, Volvo Trucks, Ericsson, Tele2, Electrolux, TetraPak, Alfa Laval, SKF, and H&M. GDP: $551.0 billion. Population: 10.2 million. GDP per capita: $53,652.

Netherlands

The Netherlands is characterized by a modern highly developed post-industrial economy and social sphere. Major Dutch companies and transnational corporations based in the Netherlands are key players in the global economy. GDP: $913.7 billion. Population: 17.2 million. GDP per capita: $56,489.

Norway

Norway, the largest oil and gas producer in Northern Europe, closes the top ten countries. Its oil funds are used for the benefit of future generations. Norway’s public sector accounts for the world's largest percentage of the total gross domestic product. The country has a very high standard of living compared to other European countries and a developed social security system. GDP: $434.8 billion. Population: 5.3 million. GDP per capita: $74,357.