What Is the Best Country in the World?

 In the eight years the ranking has existed, this is the sixth time, including last year, that a Central European country has secured the top spot.

"Switzerland is a perennial favorite and the winner of this particular ranking," Wharton marketing professor David Reibstein, who helped create the ranking, told Wharton Business Daily.

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) ``It's economically stable, it's well-educated, and it ranks among the top countries that people want to live in.

'' Canada is a close second.

2nd place, moving up from 3rd place.

Last year's location.

Sweden, Australia and the United States rounded out the top five, and despite their high scores, it's hard to beat Switzerland, which also received perfect scores for "openness to business" and "comfortable retirement.

" “Switzerland has a very high quality of life and entrepreneurship.

It’s a really stable and safe country,” Reibstein said.

The professor is collaborating with the United States to create the rankings.

News & World Report and WPP, a global marketing and communications services company.

The 2023 list measures the recognition of 87 countries selected for being the largest contributors to global GDP.

More than 17,000 people around the world were asked to rate countries on 73 characteristics, ranging from political stability to racial equality to health consciousness.

One third of the survey participants were business leaders.

One-third were university-educated and middle-class or above.

and one-third came from the general population.

This list is not just interesting trivia, but is based on scientific data analysis, making it a kind of competition for many countries.

Reibstein said he often receives calls from national representatives asking what their countries can do to improve their overall rankings.

"Even though [Canada and the United States] are neighbors.

.

.they are perceived as very different, and what they bring to the table is clearly very different.

" - David Reibstein "This has implications for tourism, foreign direct investment and foreign trade," he said.

"These are his three major components of a country's GDP, and these components indicate people's willingness to visit that country and do business with that country.

" North American Countries America has fallen from the world.

This year, it moved from 4th to 5th place, and has maintained the same position since the ranking began in 2016.

The exception was their lowest score of 8th place in 2018.

Leibstein attributed the decline to the fallout from Donald Trump's controversial presidential election, which changed global perceptions of the United States.

This year, the U.S.

received the highest scores for agility, entrepreneurship, and power, but for quality of life she ranked 23rd, and for openness in business she ranked a shockingly low 59th.

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"It's primarily based on labor costs," Reibstein said.

"People don't want to move production to the United States because the labor costs are so high.

" Canada fared significantly in these lower rankings, achieving an overall score of 99.

3 and surpassing Switzerland's 100 I came very close to getting a perfect score.

"Canada is number two for very different reasons than the United States," Reibstein said.

“I get the impression that they have a high quality of life and a very strong social purpose.

Even though these countries are in neighboring North America, they are perceived as very different, and they are brought to the table.

The offerings are obviously very different as well.

” It scored high on adventure, heritage and cultural impact, but underperformed on economic rankings.

France, Germany, Great Britain.

Leibstein focused on her two countries in Europe