Read More About SingaporeSingapore's
When looking at the data from the Human Freedom Index, Switzerland emerges as the freest country in the world with a score of 9.11. It is followed closely by New Zealand (9.01) and Denmark (8.98). These countries consistently rank highly in terms of personal, civil, and economic freedoms.
United States. The United States of America is a North American nation that is the world's most dominant economic and military power.
Least free were Syria (3.79), Venezuela (3.80), and Yemen (4.30). The components on which the index is based can be divided into economic freedoms and other personal freedoms. Highest ranking in economic freedoms were Hong Kong (8.91) and Singapore (8.71).
Singapore led the Index of Economic Freedom in 2023, with an index score of 83.9 out of 100. Switzerland, Ireland, Taiwan, and New Zealand rounded out the top five.
The world's 12th largest economy
Strong growth in 2021 solidified Australia's position as the world's 12th largest economy in 2021. Nominal GDP was around A$2.2 trillion (US$1.6 trillion) in 2021. Australia is home to just 0.3% of the world's population, but accounts for 1.7% of the global economy.
12 Safest Countries in The World: 2023 Edition
Iceland takes the GPI crown for the safest country in the world, followed by New Zealand, Ireland, Denmark, and Austria in the top five.
1. Sweden. Sweden is the top country in 2022 best quality of life rankings. The country stands out in the ranking of quality of life for health systems and well-developed public education, security, economic stability, and politics.
Department of Climate Change, Energy, the Environment and Water. Australia ranks 7th on the OECD Better Life Index, based on living conditions and quality of life.
On the other side of the scale, the CIA estimates Monaco has the lowest birth rate in the world at 6.63 average annual births per 1,000 people per year.
As a result, six of the seven largest economies in the world are projected to be emerging economies in 2050 led by China (1st), India (2nd) and Indonesia (4th)
Health and safety FAQs. Australia is a safe and welcoming country. Your top health and safety questions have been answered to help you prepare for your trip.
The Netherlands, Denmark, and Iceland are the top 3 safer countries for traveling in 2023. We talk about a new list recently published concerning the safest countries for traveling in 2023.
Australia is a highly developed country with a mixed economy. As of 2023, Australia was the 13th-largest national economy by nominal GDP (gross domestic product), the 19th-largest by PPP-adjusted GDP, and was the 20th-largest goods exporter and 24th-largest goods importer.
Australia has plentiful supplies of natural resources, including the second largest accessible reserves of iron ore in the world, the fifth largest reserves of coal and significant gas resources. For a long time, commodities have made up a sizeable share of our exports.
First world countries included Australia, Canada, France, Germany, Italy, Japan, New Zealand, Norway, the United Kingdom, and the United States, among others. Today, the term has fallen somewhat out of favor, as critics argue it is an outmoded model for understanding national development.
Switzerland looks to be the best country to live in 2023. It was the highest-ranking country on the latest HDI report, with a score of 0.962.
Currently, the richest country in the world in terms of GDP per capita is Luxembourg, with a GDP per capita of $135,700. Other wealthy countries include Bermuda, Ireland, and Switzerland, all with GDP per capita above $80,000.