Israel (Ranked 32nd) :: Legatum Prosperity Index 2023 (2024)

FAQs

What is Israel ranked in the world in 2023? ›

Despite its overall drop, Israel is however ranked 10th among countries considered most powerful — the same as it was in 2022 and 2023 — as well as third in the perceived strength of its military, and 10th among those viewed as the “biggest leaders.”

Israel (Ranked 32nd) :: Legatum Prosperity Index 2023.

The Legatum Prosperity Index™ is a framework that assesses countries on the promotion of their residents' flourishing, reflecting both economic and social wellbeing.

United States is 19th in the overall Prosperity Index rankings.

The Economist ranked Israel as the 4th most successful economy among developed countries for 2022. The IMF estimated Israel's GDP at US$564 billion and its GDP per capita at US$58,270 in 2023 (13th highest in the world), a figure comparable to other highly developed countries.

The Top 10 Most-Educated Countries

Based on the OECD's data, Canada is the most educated country globally, with 56.71% of adults meeting the OECD criteria. Japan has the second-highest percentage of 51.44%, followed by Israel with 50.92%.

The Egyptian navy is clearly better equipped and stronger than the Israeli navy except with regard to advanced submarines. The Egyptian army is larger and for the most part equally well equipped compared to the Israel's ground forces.

According to size, population, army strength and nuclear warheads - It's India. But in capability - It's always Israel.

The country is very highly developed in terms of life expectancy, education, per capita income and other human development index indicators. But the country also has one of the most unequal economies in the Western world, with significant gaps between the rich and poor.

History, operations and funding

The Legatum Institute was founded in 2007, funded by the Dubai-based Legatum Group under its owner Christopher Chandler, a businessman and hedge fund owner.

What is legatum meaning? ›

A quick definition of legatum:

Legatum is a Latin word that means a special gift left by a person who has died. It can be money, property, or something else that the person wants to give to someone else. The person who receives the gift is called a legatee.

What is the purpose of the Index? The Prosperity Index has been purposefully designed to be a transformational tool, and our ambition is that leaders around the world use it to help set their agendas for growth and development, and also enable others to hold them to account.

Switzerland's Best Countries Rankings Scorecard

The No. 1 nation for 2024 shines especially in the quality of life and open for business subrankings.

Data from the World Bank demonstrates the United States' ongoing leadership on the metric of gross domestic product, the numeric proxy for “prosperity.” This country has the highest GDP by far and has had it for some time.

WASHINGTON, Sept. 10, 2024 /PRNewswire/ -- For the third consecutive year, Switzerland tops the overall list of the world's Best Countries, a rankings and analysis project by U.S. News & World Report and the Wharton School of the University of Pennsylvania.

Israel is located in the Middle East, along the eastern coastline of the Mediterranean Sea, bordered by Lebanon, Syria, Jordan and Egypt. It lies at the junction of three continents: Europe, Asia and Africa.

The United States remains the most powerful country in the world, followed by China and Russia. However, the balance of power may shift in the coming years as countries like India and Brazil continue to grow economically and assert themselves on the global stage.

According to the Global Firepower Index 2024 , the Israeli and Iranian militaries are not too far apart in terms of overall military power. Iran is ranked 14th in the global ranking, followed by Israel in 17th place.

Key Takeaways. Switzerland placed first in the U.S. News and World Report Best Countries list for 2023. The United States dropped from fourth to fifth place this year.