Singapore comes out tops in Asia yet again in another list about economic wealth. Fancy that!
This year’s Global Legatum Prosperity Index — thought up by international think tank Legatum Institute — was released today, ranking 142 countries in terms of wealth and well-being.
Singapore gets a particular highlight in the continued rise of Southeast Asian economies — the city-state climbed to first place in the Economy sub-index. Singapore has now effectively displaced Switzerland, clambering to the top from second place last year.
Other elements highlighting Singapore’s best performing qualities include the fact that it’s safe walking alone at night (not so in Venezuela) and the tolerance of ethnic minorities (not so in Egypt).
However so, Singapore only lands on the 17th position worldwide as the most prosperous country, albeit the top in all of Asia. The most prosperous country according to the index would be Norway, whose high rankings in social capital, personal freedom, health as well as in the economy have propelled them to the top.
