Current Affairs-Topics

Switzerland Tops 2024 Best Countries Ranking: India at 33

Switzerland has remained the world's best country in the Best Countries Ranking 2024 for the third consecutive year, according to a survey by US News & World Report. The survey evaluated 89 countries based on global perception using 10 sub-rankings.

Switzerland Retains Top Spot in Global Rankings

  • Switzerland ranked first in the 'Best Countries Ranking 2024' by US News & World Report for the third consecutive year.
  • The survey evaluated 89 countries based on global perception using 10 sub-rankings, including adventure, agility, heritage, entrepreneurship, and quality of life.
  • Switzerland excelled in quality of life and openness to business metrics, though it scored lower in heritage.
  • This marks Switzerland's seventh time at the top of the survey, highlighting its consistent performance across various attributes.

Key factors contributing to Switzerland's success include:

    • Economic stability
    • Exceptional quality of life
    • Renowned education system
    • High safety standards
    • Strong commitment to sustainability
  • The top five countries in the ranking are Switzerland, Japan, United States, Canada, and Australia.
  • European nations dominated the top 25 spots, showcasing the region's overall strong performance.

India's Position and Performance

  • India ranked 33rd in the 2024 survey, dropping three positions from its 2023 ranking.
  • India's strongest performances were in two categories:

1. 'Movers' sub-ranking (7th place): Measures a country's resilience and adaptability

2. Heritage sub-ranking (10th place): Reflects cultural richness and historical significance

  • The country's weakest performances were in the categories of social purpose and adventure.
  • Only four Asian countries made it to the top 25: Japan, Singapore, China, and South Korea.
  • From the Middle East, only the United Arab Emirates (17th) and Qatar (25th) were included in the top 25.

Top 15 Best Countries Ranking 2024 in Survey

Ranking

Country

1

 Switzerland

2

 Japan

3

 United states of America

4

 Canada

5

 Australia

6

 Sweden

7

 Germany

8

 United Kingdom

9

 New Zealand

10

 Denmark

11

Norway

12

France

13

Netherland

14

Singapore

15

Italy

33

India

Survey Methodology and Global Trends

  • The Best Countries Ranking 2024 is based on a survey of 16,960 individuals from 36 countries.
  • The project, in its ninth year, aims to evaluate nations beyond just wealth metrics.
  • The ranking model, developed by Wharton Business School, measures qualitative attributes related to a nation's success over a year.
  • 73 different attributes across 10 sub-rankings are used to assess each country.
  • Key sub-rankings include power, cultural influence, entrepreneurship, and social purpose.

The survey revealed interesting trends:

    • 15 European countries ranked in the top 25
    • East and Southeast Asia secured 4 spots in the top 25
    • North America and Oceania each had 2 spots in the top 25

Notable changes in rankings due to global events:

    • Ukraine, engaged in a war with Russia for 30 months, ranked lowest at 80th place
    • Israel dropped 10 places compared to last year, likely due to the ongoing conflict with Hamas
  • Japan showed significant improvement, climbing four spots to second place, excelling in entrepreneurship and the 'movers' category.
  • The United States ranked third overall, showing strength in power, agility, entrepreneurship, and cultural influence.

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