Sweden ranks fifth in new "best countries" survey
Sweden came in fifth in a new ranking of "Best Countries" by U.S. News & World Report, which gave the country an overall score of 9.7 out of 10.
Sixty countries were evaluated in the magazine's ranking, "based on how global perceptions define (them) in terms of a number of qualitative characteristics, impressions that have the potential to drive trade, travel and investment and directly affect national economies."
While Sweden ranked fifth overall, the country topped the list in the category of "citizenship", which looked at factors like respect of property rights, progressiveness, trustworthiness, gender equality, human rights, respect for the environment, religious freedom and how well political power is distributed. The country ranked second in terms of quality of life and being "open for business", with high transparency and little corruption.
But Sweden scored less well, in 30th place, in a category dubbed "movers," which looked at attributes that the survey's developers believe may predict a country's future growth.
At the top of the overall list was Germany, followed by Canada, the U.K., and the U.S. After Sweden, is Australia. Algeria came in last, in 60th place.
The study and scoring was developed by a global strategic consultancy, called BAV Consulting, and The Wharton School of Business at the University of Pennsylvania, in consultation with U.S. News & World Report.