
In its latest 2024 report, Newsweek introduced the best countries in the world based on various living standards. Among the 100 countries studied, Finland was ranked as the best country in the world, while Sweden was selected as the third-best country for living.
The status of the top three countries in the world according to the living standards index is examined below:

Finland: This country has been chosen as the best country in the world for living. Its scores in infrastructure, environment, and education are higher than those of other countries. The literacy rate in Finland is 100%, and the per capita productivity growth reaches $34,900. The services sector accounts for about 65% of Finland’s gross domestic product, while the manufacturing sector contributes approximately 13%. It takes 16 days in this country to start a new economic venture. The unemployment rate in Finland is 8.5%, and the life expectancy is 72 years.

Switzerland: This European country has ideal conditions in terms of healthcare, education, and quality of life. The literacy rate in Switzerland is 99%. The per capita productivity growth is calculated at $41,700. The services sector contributes 71% to Switzerland’s gross domestic product, while the manufacturing sector accounts for 16%. It takes 20 days in this country to start a new economic activity. The unemployment rate and life expectancy in Switzerland are 4.4% and 75 years, respectively.

Sweden: Sweden ranks as the third best country in the world in terms of living conditions. While it may not hold the top position economically, it excels in healthcare and education, with a literacy rate of 99% and a life expectancy of 72 years. The per capita productivity growth in Sweden is $36,800. The services sector accounts for 71% of Sweden’s gross domestic product, while the manufacturing sector contributes 11%. In Sweden, it takes only 15 days to start a new economic activity. The unemployment rate in this Scandinavian country stands at 3.9%.

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