Friday, February 07, 2014
Sweden Tops New Global Economic Ranking
Via The Local: Sweden ranks number one in the world in a new measure of economic growth and development, maintaining the country's hold on the top spot despite the global financial crisis. Sweden, which achieved an overall score of 70.5 on PwC's Escape (Economic, Social, Communication, Political and Environmental) index, was followed by Switzerland (70.3) and Singapore (66.3). Nordic neighbor Finland landed in fifth place, followed by Denmark. The United States, meanwhile was ranked 18th, followed by the UK. Overall, 42 advanced and emerging economies which account for 85 percent of the world's GDP were included in the index.