The label of a 'developed' country carries with it connotations of economic stability, advanced technology, high standards of living, and robust healthcare and education systems. Economists and political scientists rely on various metrics to assess and categorize the level of a country's development. The Human Development Index (HDI) is one such comprehensive measure, composed of three dimensions: longevity, education, and standard of living.
The HDI was developed by the United Nations and ranks countries from 0 (least developed) to 1 (most developed). It shapes an analytical picture of national achievement in key areas of human development, making it a valuable resource in comparative study of development across borders.
Insights about the world's development:
Leading the world is Switzerland with an indomitable HDI score of 0.962, setting the standard for longevity, educational attainment, and living standards. As a high-income country, Switzerland demonstrates a high quality of life, advanced economy, excellent infrastructure, and an unmatched standard of living, indicative of a state well into its post-industrial phase.
Closely following at second, we have Norway with an HDI score of 0.961. Known for its high standard of living, Norway’s strong educational system, infrastructure, and long life expectancy underscore its robust development status.
Not far behind is Iceland, scoring 0.959 on the HDI, a testament to its thriving education, remarkable life expectancy, and high-income economy. Iceland’s advanced infrastructure further contributes to its standing as a highly developed country.
In the fourth place, Hong Kong gets a score of 0.952. Despite its relatively small area, it signifies advancements in education, excellent infrastructure, and superior standard of living, making it a standout in global development.
Australia, remarkable for its high quality of life, scores an impressive 0.951, making it the fifth most developed nation. Its position can be credited to its established economy and widespread infrastructure.
Further down the list, we find Denmark, Sweden, Ireland, Germany, and The Netherlands, with respective HDI scores of 0.948, 0.947, 0.945, 0.942, and 0.941. These states exemplify a successful transition to post-industrial economies where services contribute more to their wealth than industry.
Most Developed Countries in the World:
To sort the data in the table, click on the column headers.