India ranked 22nd in the list of world’s best countries

22 Jan 2016 Evaluate

India has been ranked 22nd on the inaugural list of the world’s best countries which was released on the sidelines of World Economic Forum (WEF) Annual Meeting and is topped by Germany. The report has been prepared by US News and World Report and New York-based brand consultancy BAV Consulting and Wharton School of Business.

According to the report, a set of 65 country attributes were identified. Attributes by nation were presented in the survey of more than 16,000 people from across the globe. Each country was scored on each of the 65 country attributes based on a collection of individual survey responses. Attributes were grouped into nine sub-rankings that rolled into the Best Countries ranking: Adventure, Citizenship, Cultural Influence, Entrepreneurship, Heritage, Movers, Open for Business, Power and Quality of Life. A total of 16,248 individuals from 36 countries in four regions - the Americas, Asia, Europe and the Middle East and Africa - were surveyed. Of them, 8,092 were informed elites and 4,513 were business decision-makers.

The report highlighted that India faces its fair share of international and domestic challenges. India has a fast-growing, diverse economy with a large, skilled workforce. But because of its population, it's also one of the poorest countries in the world based on income and gross national product per capita. Further the report stated that though agriculture employs the most workers, services are the major source of economic growth. Due to its educated, English-speaking workforce, India has become an important center of information technology services, business outsourcing services and software workers.

Apart from Germany being in the first position, other countries in the top five are Canada at 2nd position, UK at 3rd, the U.S. at fourth and Sweden at fifth position ahead of notables Australia, Japan, France, Netherlands and Denmark in the order. New Zealand, Austria and Italy are at 11th, 12th and 13th places. Singapore is the only Asian country to feature on top at the 15th place, followed by Spain and China at 16th and 17th.

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