The world’s 13 most efficient, open, and competitive economies

New Zealand was last year’s strongest economy, but it loses the top spot in 2017.John Stillwell PA Archive/PA Images

The Legatum Institute, a London based research institute released its 11th annual global Prosperity Index in November, a huge survey that ranks the most prosperous countries in the world.

The organisation compares 104 variables to come up with its list, splitting those variables into nine subindexes. One of the big components of the ranking is the strength of a country’s economy.

Economies are not ranked solely by their size and strength, with the Legatum Institute taking factors like openness, financial sector efficiency, and the economic opportunities afforded to people in the country into account.

The index looked at the 149 countries in the world that have the most available data. We have pulled in the nations that scored highest in the Prosperity Index’s economic sub-section.

Check them out below: