The study, conducted by U.S. News in partnership with Y&R’s BAV andWharton, broke 80 countries’ overall rankings down by identifying a “set of 65 country attributes – terms that can be used to describe a country and that are also relevant to the success of a modern nation.”
Each of those 65 attributes was then placed into one of nine subcategories that included:
Adventure (3.24 percent): friendly, fun, pleasant climate, scenic, sexy
Citizenship (16.95 percent): cares about human rights, cares about the environment, gender equality, progressive, religious freedom, respects property rights, trustworthy, well-distributed political power
Cultural Influence (12.93 percent): culturally significant in terms of entertainment, fashionable, happy, has an influential culture, modern, prestigious, trendy
Entrepreneurship (17.42 percent): connected to the rest of the world, educated population, entrepreneurial, innovative, provides easy access to capital, skilled labor force, technological expertise, transparent business
practices, well-developed infrastructure, well-developed legal framework
Heritage (3.17 percent): culturally accessible, has a rich history, has great food, many cultural attractions
Open for Business (11.99 percent): bureaucratic, cheap manufacturing costs, corrupt, favorable tax environment, transparent government practices
Power (7.42 percent): a leader, economically influential, politically influential, strong international alliances, strong military
Quality of Life (16.89 percent): a good job market, affordable, economically stable, family friendly, income equality, politically stable, safe, well-developed public education system, well-developed public health system
When the inaugural list of the world’s best countries was released last year at the World Economic Forum in Davos, Switzerland, Canada was also named the #1 country in the world for Quality of Life, the study’s third most heavily weighted category.
In 2017, Canada beat out Sweden, Denmark, Australia, and Norway who all finished in the Quality of Life top 5.