Introduction
The world is home to a wide range of countries that differ greatly in terms of standard of living, as measured by the Human Development Index (HDI). The HDI looks at a nation’s wealth, health and education levels to determine its ranking. Depending on the country, its population could be enjoying high levels of economic stability and education opportunities or facing poverty and inequality. Countries with higher HDIs tend to have higher life expectancies, greater access to healthcare services, lower infant mortality rates and more educational resources. In contrast, nations with lower HDIs are struggling with limited access to clean water, food insecurity, poor sanitation systems and lack of qualified teachers for children. Furthermore, these nations may also be suffering from political turmoil or civil war that further limit development options. All these factors combine to create an unequal level of wellbeing across the globe; some countries enjoy standards of living that would be considered unimaginable in others.
Living Standards by Country
# | Country | Human Development Index (2021) | Percentage Change (vs. 2020) |
---|---|---|---|
1 | Switzerland | 0.96 | 0.63% |
2 | Norway | 0.96 | 0.21% |
3 | Iceland | 0.96 | 0.21% |
4 | Hong Kong | 0.95 | 0.32% |
5 | Australia | 0.95 | 0.42% |
6 | Denmark | 0.95 | 0.11% |
7 | Sweden | 0.95 | 0.53% |
8 | Ireland | 0.95 | 0.21% |
9 | Germany | 0.94 | -0.21% |
10 | Netherlands | 0.94 | 0.21% |
11 | Finland | 0.94 | 0.21% |
12 | Liechtenstein | 0.94 | 0.75% |
13 | Singapore | 0.94 | 0% |
14 | Belgium | 0.94 | 0.97% |
15 | New Zealand | 0.94 | 0.11% |
16 | Canada | 0.94 | 0.54% |
17 | Luxembourg | 0.93 | 0.65% |
18 | United Kingdom | 0.93 | 0.54% |
19 | Japan | 0.93 | 0.22% |
20 | South Korea | 0.93 | 0.33% |
21 | Israel | 0.92 | 0.44% |
22 | United States of America | 0.92 | 0.11% |
23 | Malta | 0.92 | 0.77% |
24 | Slovenia | 0.92 | 0.55% |
25 | Austria | 0.92 | 0.33% |
26 | United Arab Emirates | 0.91 | -0.11% |
27 | France | 0.91 | 0.78% |
28 | Spain | 0.91 | 0.67% |
29 | Cyprus | 0.9 | 0.22% |
30 | Italy | 0.9 | 0.67% |
31 | Estonia | 0.89 | -0.22% |
32 | Czech Republic | 0.89 | -0.34% |
33 | Greece | 0.89 | 0.11% |
34 | Poland | 0.88 | 0% |
35 | Bahrain | 0.88 | -0.23% |
36 | Lithuania | 0.88 | -0.46% |
37 | Saudi Arabia | 0.88 | 0.57% |
38 | Portugal | 0.87 | 0.35% |
39 | Latvia | 0.86 | -0.92% |
40 | Andorra | 0.86 | 1.18% |
41 | Croatia | 0.86 | 0.35% |
42 | Chile | 0.86 | 0.35% |
43 | Qatar | 0.86 | 0.12% |
44 | Hungary | 0.85 | 0.47% |
45 | San Marino | 0.85 | 0.95% |
46 | Slovakia | 0.85 | -1.05% |
47 | Argentina | 0.84 | 0.24% |
48 | Kuwait | 0.84 | 2.07% |
49 | Turkey | 0.84 | 0.6% |
50 | Montenegro | 0.83 | 0.73% |
51 | Brunei | 0.83 | -0.12% |
52 | Russia | 0.82 | -0.96% |
53 | Romania | 0.82 | -0.36% |
54 | Oman | 0.82 | -1.33% |
55 | The Bahamas | 0.81 | -0.37% |
56 | Kazakhstan | 0.81 | -0.37% |
57 | Trinidad and Tobago | 0.81 | -0.98% |
58 | Costa Rica | 0.81 | -0.86% |
59 | Uruguay | 0.81 | -1.46% |
60 | Belarus | 0.81 | 0.12% |
61 | Panama | 0.81 | 0.5% |
62 | Malaysia | 0.8 | -0.37% |
63 | Georgia | 0.8 | 0% |
64 | Mauritius | 0.8 | -0.25% |
65 | Serbia | 0.8 | -0.25% |
66 | Thailand | 0.8 | -0.25% |
67 | Albania | 0.8 | 0.25% |
68 | Bulgaria | 0.8 | -0.87% |
69 | Grenada | 0.8 | 0.38% |
70 | Barbados | 0.79 | 0.25% |
71 | Antigua and Barbuda | 0.79 | 0% |
72 | Seychelles | 0.79 | -1.01% |
73 | Sri Lanka | 0.78 | 0.26% |
74 | Bosnia and Herzegovina | 0.78 | -0.13% |
75 | Saint Kitts and Nevis | 0.78 | -0.26% |
76 | Iran | 0.77 | -0.39% |
77 | Ukraine | 0.77 | -0.26% |
78 | Republic of Macedonia | 0.77 | -0.52% |
79 | People's Republic of China | 0.77 | 0.52% |
80 | Dominican Republic | 0.77 | 0.39% |
81 | Moldova | 0.77 | 0.13% |
82 | Palau | 0.77 | -0.78% |
83 | Cuba | 0.76 | -2.18% |
84 | Peru | 0.76 | 0% |
85 | Armenia | 0.76 | 0.26% |
86 | Mexico | 0.76 | 0.26% |
87 | Brazil | 0.75 | -0.53% |
88 | Colombia | 0.75 | -0.53% |
89 | Saint Vincent and the Grenadines | 0.75 | -1.7% |
90 | Maldives | 0.75 | 1.77% |
91 | Algeria | 0.75 | 1.22% |
92 | Azerbaijan | 0.75 | 2.05% |
93 | Turkmenistan | 0.75 | 0.54% |
94 | Ecuador | 0.74 | 1.23% |
95 | Mongolia | 0.74 | -0.81% |
96 | Egypt | 0.73 | -0.41% |
97 | Tunisia | 0.73 | -0.81% |
98 | Fiji | 0.73 | -0.95% |
99 | Suriname | 0.73 | -1.75% |
100 | Uzbekistan | 0.73 | 0.69% |
101 | Dominica | 0.72 | -0.28% |
102 | Jordan | 0.72 | -0.41% |
103 | Libya | 0.72 | 2.13% |
104 | Paraguay | 0.72 | -1.78% |
105 | Palestine | 0.72 | -0.14% |
106 | Saint Lucia | 0.72 | -1.11% |
107 | Guyana | 0.71 | -0.97% |
108 | South Africa | 0.71 | -1.93% |
109 | Jamaica | 0.71 | -0.56% |
110 | Gabon | 0.71 | -0.56% |
111 | Lebanon | 0.71 | -2.75% |
112 | Indonesia | 0.71 | -0.56% |
113 | Vietnam | 0.7 | -0.99% |
114 | Philippines | 0.7 | -1.55% |
115 | Bolivia | 0.69 | -0.14% |
116 | Botswana | 0.69 | -2.81% |
117 | Kyrgyzstan | 0.69 | 0.44% |
118 | Venezuela | 0.69 | -0.58% |
119 | Iraq | 0.69 | 1.03% |
120 | Tajikistan | 0.69 | 3.16% |
121 | Belize | 0.68 | -1.01% |
122 | Morocco | 0.68 | 0.59% |
123 | El Salvador | 0.68 | 0.45% |
124 | Nicaragua | 0.67 | 1.99% |
125 | Bhutan | 0.67 | -0.3% |
126 | Bangladesh | 0.66 | 0.92% |
127 | Marshall Islands | 0.64 | 0% |
128 | India | 0.63 | -1.4% |
129 | Ghana | 0.63 | 0% |
130 | Federated States of Micronesia | 0.63 | -0.16% |
131 | Guatemala | 0.63 | -1.26% |
132 | Honduras | 0.62 | 0% |
133 | São Tomé and Príncipe | 0.62 | -0.16% |
134 | Namibia | 0.62 | -2.84% |
135 | East Timor | 0.61 | -1.14% |
136 | Laos | 0.61 | -0.16% |
137 | Vanuatu | 0.61 | -0.16% |
138 | Nepal | 0.6 | -0.33% |
139 | Eswatini | 0.6 | -2.13% |
140 | Equatorial Guinea | 0.6 | -0.5% |
141 | Cambodia | 0.59 | -0.5% |
142 | Zimbabwe | 0.59 | -1.17% |
143 | Angola | 0.59 | -0.68% |
144 | Myanmar | 0.59 | -2.5% |
145 | Kenya | 0.58 | 0.52% |
146 | Syria | 0.58 | 0% |
147 | Cameroon | 0.58 | -0.35% |
148 | Republic of the Congo | 0.57 | -0.52% |
149 | Zambia | 0.57 | -0.88% |
150 | Solomon Islands | 0.56 | -0.18% |
151 | Comoros | 0.56 | -0.71% |
152 | Papua New Guinea | 0.56 | -0.36% |
153 | Mauritania | 0.56 | 0% |
154 | Ivory Coast | 0.55 | -0.18% |
155 | Tanzania | 0.55 | 0.18% |
156 | Pakistan | 0.54 | 0.18% |
157 | Togo | 0.54 | 0.75% |
158 | Haiti | 0.54 | -0.93% |
159 | Nigeria | 0.54 | 0% |
160 | Rwanda | 0.53 | 0.38% |
161 | Benin | 0.53 | 0.19% |
162 | Uganda | 0.53 | 0.19% |
163 | Lesotho | 0.51 | -1.34% |
164 | Malawi | 0.51 | -0.78% |
165 | Senegal | 0.51 | -0.39% |
166 | Djibouti | 0.51 | -0.2% |
167 | Sudan | 0.51 | -0.39% |
168 | Madagascar | 0.5 | 0% |
169 | The Gambia | 0.5 | -0.2% |
170 | Ethiopia | 0.5 | 0% |
171 | Eritrea | 0.49 | -0.4% |
172 | Guinea-Bissau | 0.48 | 0% |
173 | Liberia | 0.48 | 0.21% |
174 | Democratic Republic of the Congo | 0.48 | 0% |
175 | Afghanistan | 0.48 | -1.04% |
176 | Sierra Leone | 0.48 | 0.42% |
177 | Guinea | 0.47 | -0.21% |
178 | Yemen | 0.46 | -1.09% |
179 | Burkina Faso | 0.45 | 0% |
180 | Mozambique | 0.45 | -1.55% |
181 | Mali | 0.43 | 0.23% |
182 | Burundi | 0.43 | 0% |
183 | Central African Republic | 0.4 | -0.74% |
184 | Niger | 0.4 | -0.25% |
185 | Chad | 0.39 | -0.76% |
186 | South Sudan | 0.39 | -0.26% |
Countries With Highest Living Standards
The ten countries with the highest standard of living in the world are Switzerland, Norway, Iceland, Hong Kong, Australia, Denmark, Sweden, Ireland, Germany, and the Netherlands. Switzerland boasts an exceptional standard of living with a Human Development Index (HDI) of 0.96, demonstrating consistent progress. Norway and Iceland share Switzerland’s HDI of 0.96 and display remarkable stability. Hong Kong and Australia, with HDIs of 0.95, maintain a high standard of living supported by strong economies. Denmark, Sweden, and Ireland, all with HDIs of 0.95, excel in quality of life, education, and healthcare as well. Germany, ranking ninth with an HDI of 0.94, emphasizes social welfare and technological advancement. Lastly, the Netherlands, also with an HDI of 0.94, showcases a well-rounded standard of living with a focus on sustainability and innovation.
The ten countries with the highest standard of living are :
1. Switzerland – 0.96
2. Norway – 0.96
3. Iceland – 0.96
4. Hong Kong – 0.95
5. Australia – 0.95
6. Denmark – 0.95
7. Sweden – 0.95
8. Ireland – 0.95
9. Germany – 0.94
10. Netherlands – 0.94
Country With the Highest Standard of Living
Switzerland, consistently recognized as having the highest standard of living in the world, sets a remarkable benchmark for excellence in various aspects of life. With an impressive Human Development Index (HDI) of 0.96, Switzerland excels in providing its citizens with an exceptional quality of life. The country’s thriving economy, efficient infrastructure, and robust social welfare system contribute to its high standard of living. Switzerland is renowned for its strong focus on education, healthcare, and social security, ensuring that its residents have access to top-notch services and opportunities. Additionally, the country’s stunning natural landscapes, clean environment, and strong commitment to sustainability further enhance the overall well-being of its population. Switzerland’s unwavering commitment to excellence in multiple domains solidifies its position as a global leader in terms of standard of living.
Countries by Standard of Living
Afghanistan
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0.48
↓ 1.04%
Vs 2020
Ranked in the World
#175
Albania
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0.8
↑ 0.25%
Vs 2020
Ranked in the World
#67
Algeria
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0.75
↑ 1.22%
Vs 2020
Ranked in the World
#91
Andorra
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0.86
↑ 1.18%
Vs 2020
Ranked in the World
#40
Angola
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0.59
↓ 0.68%
Vs 2020
Ranked in the World
#143
Antigua and Barbuda
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0.79
- 0%
Vs 2020
Ranked in the World
#71
Argentina
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0.84
↑ 0.24%
Vs 2020
Ranked in the World
#47
Armenia
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0.76
↑ 0.26%
Vs 2020
Ranked in the World
#85
Australia
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0.95
↑ 0.42%
Vs 2020
Ranked in the World
#5
Australia is renowned for its high standard of living, as reflected in its HDI of 0.95. The country offers its citizens a high level of access to quality education, healthcare, and social services. Australia's diverse and prosperous economy, combined with a relatively low population density, contributes to high incomes, low unemployment rates, and a comfortable lifestyle. Its pristine natural environment, well-maintained cities, and strong emphasis on work-life balance further enhance the overall quality of life for its residents.
Austria
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0.92
↑ 0.33%
Vs 2020
Ranked in the World
#25
Azerbaijan
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0.75
↑ 2.05%
Vs 2020
Ranked in the World
#92
Bahrain
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0.88
↓ 0.23%
Vs 2020
Ranked in the World
#35
Bangladesh
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0.66
↑ 0.92%
Vs 2020
Ranked in the World
#126
Barbados
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0.79
↑ 0.25%
Vs 2020
Ranked in the World
#70
Belarus
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0.81
↑ 0.12%
Vs 2020
Ranked in the World
#60
Belgium
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0.94
↑ 0.97%
Vs 2020
Ranked in the World
#14
With an HDI of 0.94, Belgium offers its citizens a high standard of living and a well-developed social welfare system. The country provides universal healthcare, affordable education, and a strong emphasis on work-life balance. Belgian residents enjoy a rich cultural heritage, historic architecture, and a diverse culinary tradition. Belgium's central location in Europe, efficient transportation networks, and high environmental standards contribute to the overall well-being and quality of life experienced by its population.
Belize
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0.68
↓ 1.01%
Vs 2020
Ranked in the World
#121
Benin
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0.53
↑ 0.19%
Vs 2020
Ranked in the World
#161
Bhutan
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0.67
↓ 0.3%
Vs 2020
Ranked in the World
#125
Bolivia
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0.69
↓ 0.14%
Vs 2020
Ranked in the World
#115
Bosnia and Herzegovina
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0.78
↓ 0.13%
Vs 2020
Ranked in the World
#74
Botswana
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0.69
↓ 2.81%
Vs 2020
Ranked in the World
#116
Brazil
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0.75
↓ 0.53%
Vs 2020
Ranked in the World
#87
Brunei
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0.83
↓ 0.12%
Vs 2020
Ranked in the World
#51
Bulgaria
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0.8
↓ 0.87%
Vs 2020
Ranked in the World
#68
Burkina Faso
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0.45
- 0%
Vs 2020
Ranked in the World
#179
Burundi
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0.43
- 0%
Vs 2020
Ranked in the World
#182
Cambodia
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0.59
↓ 0.5%
Vs 2020
Ranked in the World
#141
Cameroon
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0.58
↓ 0.35%
Vs 2020
Ranked in the World
#147
Canada
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0.94
↑ 0.54%
Vs 2020
Ranked in the World
#16
With an HDI of 0.94, Canada offers its residents a high standard of living and a vast array of opportunities. The country boasts a strong social welfare system, providing universal healthcare, quality education, and social benefits. Canadians enjoy a high level of personal safety, a diverse and inclusive society, and a rich cultural heritage. Canada's stunning natural landscapes, including national parks and pristine wilderness, contribute to a high quality of life. The country's commitment to multiculturalism, progressive social policies, and strong democratic institutions further enhance the overall standard of living for its citizens.
Central African Republic
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0.4
↓ 0.74%
Vs 2020
Ranked in the World
#183
Chad
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0.39
↓ 0.76%
Vs 2020
Ranked in the World
#185
Chile
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0.86
↑ 0.35%
Vs 2020
Ranked in the World
#42
Colombia
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0.75
↓ 0.53%
Vs 2020
Ranked in the World
#88
Comoros
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0.56
↓ 0.71%
Vs 2020
Ranked in the World
#151
Costa Rica
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0.81
↓ 0.86%
Vs 2020
Ranked in the World
#58
Croatia
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0.86
↑ 0.35%
Vs 2020
Ranked in the World
#41
Cuba
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0.76
↓ 2.18%
Vs 2020
Ranked in the World
#83
Cyprus
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0.9
↑ 0.22%
Vs 2020
Ranked in the World
#29
Czech Republic
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0.89
↓ 0.34%
Vs 2020
Ranked in the World
#32
Democratic Republic of the Congo
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0.48
- 0%
Vs 2020
Ranked in the World
#174
Denmark
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0.95
↑ 0.11%
Vs 2020
Ranked in the World
#6
Denmark, with an HDI of 0.95, is renowned for its exceptional standard of living. The country places great importance on social welfare, education, and healthcare. Danish citizens benefit from a comprehensive welfare system that provides universal healthcare, high-quality education, and generous social benefits. Denmark's strong emphasis on work-life balance, environmental sustainability, and low levels of corruption contribute to a high quality of life. The country's residents enjoy a safe and inclusive society, well-designed cities, and a strong sense of community.
Djibouti
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0.51
↓ 0.2%
Vs 2020
Ranked in the World
#166
Dominica
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0.72
↓ 0.28%
Vs 2020
Ranked in the World
#101
Dominican Republic
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0.77
↑ 0.39%
Vs 2020
Ranked in the World
#80
East Timor
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0.61
↓ 1.14%
Vs 2020
Ranked in the World
#135
Ecuador
0.74
↑ 1.23%
Vs 2020
Ranked in the World
#94
Egypt
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0.73
↓ 0.41%
Vs 2020
Ranked in the World
#96
El Salvador
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0.68
↑ 0.45%
Vs 2020
Ranked in the World
#123
Equatorial Guinea
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0.6
↓ 0.5%
Vs 2020
Ranked in the World
#140
Eritrea
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0.49
↓ 0.4%
Vs 2020
Ranked in the World
#171
Estonia
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0.89
↓ 0.22%
Vs 2020
Ranked in the World
#31
Eswatini
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0.6
↓ 2.13%
Vs 2020
Ranked in the World
#139
Ethiopia
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0.5
- 0%
Vs 2020
Ranked in the World
#170
Federated States of Micronesia
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0.63
↓ 0.16%
Vs 2020
Ranked in the World
#130
Fiji
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0.73
↓ 0.95%
Vs 2020
Ranked in the World
#98
Finland
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0.94
↑ 0.21%
Vs 2020
Ranked in the World
#11
With an HDI of 0.94, Finland is renowned for its high standard of living and exceptional social well-being. The country invests heavily in education, resulting in a highly skilled workforce. Finnish citizens enjoy free healthcare, affordable childcare, and comprehensive social benefits. Finland's pristine nature, saunas, and outdoor recreational opportunities contribute to a high quality of life. The country's strong commitment to gender equality, low levels of corruption, and safe and inclusive society further enhance the overall standard of living for its residents.
France
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0.91
↑ 0.78%
Vs 2020
Ranked in the World
#27
Gabon
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0.71
↓ 0.56%
Vs 2020
Ranked in the World
#110
Georgia
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0.8
- 0%
Vs 2020
Ranked in the World
#63
Germany
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0.94
↓ 0.21%
Vs 2020
Ranked in the World
#9
Germany, with an HDI of 0.94, is known for its strong economy, technological advancements, and high standard of living. The country offers its citizens a well-developed social security system, affordable healthcare, and access to quality education. Germany's residents benefit from high incomes, low unemployment rates, and a high level of social protection. The country's efficient infrastructure, well-preserved historical sites, and diverse cultural offerings further contribute to the overall well-being and standard of living enjoyed by its population.
Ghana
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0.63
- 0%
Vs 2020
Ranked in the World
#129
Greece
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0.89
↑ 0.11%
Vs 2020
Ranked in the World
#33
Grenada
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0.8
↑ 0.38%
Vs 2020
Ranked in the World
#69
Guatemala
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0.63
↓ 1.26%
Vs 2020
Ranked in the World
#131
Guinea
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0.47
↓ 0.21%
Vs 2020
Ranked in the World
#177
Guinea-Bissau
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0.48
- 0%
Vs 2020
Ranked in the World
#172
Guyana
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0.71
↓ 0.97%
Vs 2020
Ranked in the World
#107
Haiti
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0.54
↓ 0.93%
Vs 2020
Ranked in the World
#158
Honduras
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0.62
- 0%
Vs 2020
Ranked in the World
#132
Hong Kong
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0.95
↑ 0.32%
Vs 2020
Ranked in the World
#4
Hong Kong, with its cosmopolitan lifestyle and bustling economy, has achieved an HDI of 0.95, reflecting a high standard of living. The city-state boasts a highly developed infrastructure, efficient public transportation, excellent healthcare services, and a vibrant cultural scene. Hong Kong's residents benefit from high incomes, a strong educational system, and a wide range of recreational and leisure activities. However, it is important to note that the social and economic disparities within the population can impact the overall standard of living experienced by different groups in the city.
Hungary
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0.85
↑ 0.47%
Vs 2020
Ranked in the World
#44
Iceland
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0.96
↑ 0.21%
Vs 2020
Ranked in the World
#3
With an HDI of 0.96, Iceland is known for its high standard of living and quality of life. The country places great emphasis on social equality, education, healthcare, and sustainable development. Iceland's citizens benefit from a robust social welfare system, low income inequality, and high levels of civic engagement. The country's breathtaking natural landscapes, clean environment, and low crime rates further contribute to the overall well-being and high standard of living experienced by its residents.
India
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0.63
↓ 1.4%
Vs 2020
Ranked in the World
#128
Indonesia
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0.71
↓ 0.56%
Vs 2020
Ranked in the World
#112
Iran
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0.77
↓ 0.39%
Vs 2020
Ranked in the World
#76
Iraq
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0.69
↑ 1.03%
Vs 2020
Ranked in the World
#119
Ireland
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0.95
↑ 0.21%
Vs 2020
Ranked in the World
#8
With an HDI of 0.95, Ireland is a country that has experienced significant economic growth and improved standards of living in recent decades. Ireland's citizens benefit from a dynamic economy, high employment rates, and a well-functioning healthcare system. The country's rich cultural heritage, vibrant cities, and beautiful landscapes contribute to a high quality of life. Ireland's strong sense of community, educational opportunities, and investment in infrastructure further enhance the overall standard of living for its residents.
Israel
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0.92
↑ 0.44%
Vs 2020
Ranked in the World
#21
Italy
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0.9
↑ 0.67%
Vs 2020
Ranked in the World
#30
Ivory Coast
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0.55
↓ 0.18%
Vs 2020
Ranked in the World
#154
Jamaica
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0.71
↓ 0.56%
Vs 2020
Ranked in the World
#109
Japan
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0.93
↑ 0.22%
Vs 2020
Ranked in the World
#19
Japan, known for its technological advancements and rich traditions, achieves an HDI of 0.93. The country provides its residents with a high standard of living characterized by advanced healthcare, efficient public transportation, and a safe environment. Japanese citizens enjoy a long life expectancy, high educational attainment, and a strong sense of community. Japan's blend of modernity and tradition, captivating natural landscapes, and renowned cuisine further contribute to the overall quality of life experienced by its population.
Jordan
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0.72
↓ 0.41%
Vs 2020
Ranked in the World
#102
Kazakhstan
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0.81
↓ 0.37%
Vs 2020
Ranked in the World
#56
Kenya
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0.58
↑ 0.52%
Vs 2020
Ranked in the World
#145
Kuwait
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0.84
↑ 2.07%
Vs 2020
Ranked in the World
#48
Kyrgyzstan
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0.69
↑ 0.44%
Vs 2020
Ranked in the World
#117
Laos
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0.61
↓ 0.16%
Vs 2020
Ranked in the World
#136
Latvia
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0.86
↓ 0.92%
Vs 2020
Ranked in the World
#39
Lebanon
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0.71
↓ 2.75%
Vs 2020
Ranked in the World
#111
Lesotho
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0.51
↓ 1.34%
Vs 2020
Ranked in the World
#163
Liberia
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0.48
Ranked in the World
#173
Libya
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0.72
↑ 2.13%
Vs 2020
Ranked in the World
#103
Liechtenstein
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0.94
↑ 0.75%
Vs 2020
Ranked in the World
#12
Liechtenstein, with its small population and prosperous economy, achieves an HDI of 0.94. The country boasts a high standard of living characterized by a strong social safety net, excellent healthcare facilities, and high-income levels. Liechtenstein's residents enjoy a high level of personal safety, low levels of pollution, and a well-preserved natural environment. The country's commitment to sustainable development, cultural heritage preservation, and vibrant arts scene contribute to the overall well-being and quality of life experienced by its citizens.
Lithuania
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0.88
↓ 0.46%
Vs 2020
Ranked in the World
#36
Luxembourg
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0.93
↑ 0.65%
Vs 2020
Ranked in the World
#17
Luxembourg, with its small but affluent population, achieves an HDI of 0.93. The country offers its residents a high standard of living characterized by a prosperous economy, high-income levels, and excellent social services. Luxembourg provides universal healthcare, a well-developed education system, and comprehensive social security. The country's residents enjoy a high degree of personal safety, low levels of unemployment, and a vibrant cultural scene. Luxembourg's central location in Europe, efficient transportation networks, and diverse international community contribute to the overall well-being and quality of life experienced by its population.
Madagascar
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0.5
- 0%
Vs 2020
Ranked in the World
#168
Malawi
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0.51
↓ 0.78%
Vs 2020
Ranked in the World
#164
Malaysia
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0.8
↓ 0.37%
Vs 2020
Ranked in the World
#62
Maldives
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0.75
↑ 1.77%
Vs 2020
Ranked in the World
#90
Mali
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0.43
↑ 0.23%
Vs 2020
Ranked in the World
#181
Malta
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0.92
↑ 0.77%
Vs 2020
Ranked in the World
#23
Marshall Islands
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0.64
- 0%
Vs 2020
Ranked in the World
#127
Mauritania
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0.56
- 0%
Vs 2020
Ranked in the World
#153
Mauritius
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0.8
↓ 0.25%
Vs 2020
Ranked in the World
#64
Mexico
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0.76
↑ 0.26%
Vs 2020
Ranked in the World
#86
Moldova
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0.77
↑ 0.13%
Vs 2020
Ranked in the World
#81
Mongolia
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0.74
↓ 0.81%
Vs 2020
Ranked in the World
#95
Montenegro
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0.83
↑ 0.73%
Vs 2020
Ranked in the World
#50
Morocco
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0.68
↑ 0.59%
Vs 2020
Ranked in the World
#122
Mozambique
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0.45
↓ 1.55%
Vs 2020
Ranked in the World
#180
Myanmar
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0.59
↓ 2.5%
Vs 2020
Ranked in the World
#144
Namibia
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0.62
↓ 2.84%
Vs 2020
Ranked in the World
#134
Nepal
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0.6
↓ 0.33%
Vs 2020
Ranked in the World
#138
Netherlands
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0.94
↑ 0.21%
Vs 2020
Ranked in the World
#10
The Netherlands, with its progressive policies and high quality of life, achieves an HDI of 0.94. The country excels in areas such as education, healthcare, and infrastructure. Dutch citizens enjoy a high standard of living characterized by high incomes, excellent healthcare facilities, and a strong emphasis on sustainability and environmental conservation. The Netherlands' well-planned cities, extensive cycling infrastructure, and vibrant cultural scene contribute to a comfortable and enjoyable lifestyle for its residents.
New Zealand
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0.94
↑ 0.11%
Vs 2020
Ranked in the World
#15
New Zealand, with its breathtaking landscapes and emphasis on well-being, achieves an HDI of 0.94. The country provides its residents with a high standard of living characterized by a strong sense of community, access to quality healthcare, and a focus on sustainable living. New Zealand's residents benefit from ample outdoor recreational opportunities, a low crime rate, and a high level of personal freedom. The country's commitment to environmental conservation, indigenous culture, and outdoor activities further contribute to the overall well-being and quality of life enjoyed by its citizens.
Nicaragua
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0.67
↑ 1.99%
Vs 2020
Ranked in the World
#124
Niger
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0.4
↓ 0.25%
Vs 2020
Ranked in the World
#184
Nigeria
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0.54
- 0%
Vs 2020
Ranked in the World
#159
Norway
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0.96
↑ 0.21%
Vs 2020
Ranked in the World
#2
Norway is another country that consistently ranks among the highest in terms of standard of living. With an HDI of 0.96, it excels in various aspects such as education, income, and life expectancy. Norway's strong social welfare system ensures access to quality healthcare and education for its citizens. The country's wealth, primarily derived from its oil and gas reserves, contributes to high living standards, excellent infrastructure, low crime rates, and a strong sense of societal well-being.
Oman
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0.82
↓ 1.33%
Vs 2020
Ranked in the World
#54
Pakistan
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0.54
↑ 0.18%
Vs 2020
Ranked in the World
#156
Palau
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0.77
↓ 0.78%
Vs 2020
Ranked in the World
#82
Palestine
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0.72
↓ 0.14%
Vs 2020
Ranked in the World
#105
Panama
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0.81
↑ 0.5%
Vs 2020
Ranked in the World
#61
Papua New Guinea
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0.56
↓ 0.36%
Vs 2020
Ranked in the World
#152
Paraguay
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0.72
↓ 1.78%
Vs 2020
Ranked in the World
#104
People's Republic of China
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0.77
↑ 0.52%
Vs 2020
Ranked in the World
#79
Peru
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0.76
- 0%
Vs 2020
Ranked in the World
#84
Philippines
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0.7
↓ 1.55%
Vs 2020
Ranked in the World
#114
Poland
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0.88
- 0%
Vs 2020
Ranked in the World
#34
Portugal
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0.87
↑ 0.35%
Vs 2020
Ranked in the World
#38
Qatar
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0.86
↑ 0.12%
Vs 2020
Ranked in the World
#43
Republic of Macedonia
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0.77
↓ 0.52%
Vs 2020
Ranked in the World
#78
Republic of the Congo
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0.57
↓ 0.52%
Vs 2020
Ranked in the World
#148
Romania
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0.82
↓ 0.36%
Vs 2020
Ranked in the World
#53
Russia
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0.82
↓ 0.96%
Vs 2020
Ranked in the World
#52
Rwanda
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0.53
↑ 0.38%
Vs 2020
Ranked in the World
#160
Saint Kitts and Nevis
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0.78
↓ 0.26%
Vs 2020
Ranked in the World
#75
Saint Lucia
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0.72
↓ 1.11%
Vs 2020
Ranked in the World
#106
Saint Vincent and the Grenadines
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add_circle
0.75
↓ 1.7%
Vs 2020
Ranked in the World
#89
San Marino
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0.85
↑ 0.95%
Vs 2020
Ranked in the World
#45
São Tomé and Príncipe
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0.62
↓ 0.16%
Vs 2020
Ranked in the World
#133
Saudi Arabia
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0.88
↑ 0.57%
Vs 2020
Ranked in the World
#37
Senegal
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add_circle
0.51
↓ 0.39%
Vs 2020
Ranked in the World
#165
Serbia
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add_circle
0.8
↓ 0.25%
Vs 2020
Ranked in the World
#65
Seychelles
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0.79
↓ 1.01%
Vs 2020
Ranked in the World
#72
Sierra Leone
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add_circle
0.48
↑ 0.42%
Vs 2020
Ranked in the World
#176
Singapore
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0.94
- 0%
Vs 2020
Ranked in the World
#13
Singapore, known for its economic prosperity and modern infrastructure, achieves an HDI of 0.94. The country provides its residents with a high standard of living characterized by excellent healthcare, efficient public transportation, and a safe environment. Singapore's residents benefit from high incomes, low unemployment rates, and a world-class education system. The country's clean and well-maintained urban spaces, diverse culinary scene, and strong focus on innovation and technology further contribute to the overall quality of life enjoyed by its population.
Slovakia
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0.85
↓ 1.05%
Vs 2020
Ranked in the World
#46
Slovenia
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0.92
↑ 0.55%
Vs 2020
Ranked in the World
#24
Solomon Islands
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0.56
↓ 0.18%
Vs 2020
Ranked in the World
#150
South Africa
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0.71
↓ 1.93%
Vs 2020
Ranked in the World
#108
South Korea
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0.93
↑ 0.33%
Vs 2020
Ranked in the World
#20
With an HDI of 0.93, South Korea offers its residents a high standard of living and a dynamic economy. The country provides universal healthcare, quality education, and a well-developed infrastructure. South Koreans benefit from advanced technology, high-income levels, and a strong work ethic. The country's rich history, vibrant pop culture, and diverse culinary scene contribute to a high quality of life. South Korea's efficient public transportation system, cutting-edge innovation, and emphasis on education and research further enhance the overall standard of living for its citizens.
South Sudan
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0.39
↓ 0.26%
Vs 2020
Ranked in the World
#186
Spain
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0.91
↑ 0.67%
Vs 2020
Ranked in the World
#28
Sri Lanka
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0.78
↑ 0.26%
Vs 2020
Ranked in the World
#73
Sudan
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0.51
↓ 0.39%
Vs 2020
Ranked in the World
#167
Suriname
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0.73
↓ 1.75%
Vs 2020
Ranked in the World
#99
Sweden
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0.95
↑ 0.53%
Vs 2020
Ranked in the World
#7
Sweden, known for its progressive social policies and high standard of living, achieves an HDI of 0.95. The country provides its citizens with access to comprehensive healthcare, high-quality education, and a strong social safety net. Sweden's egalitarian society, low income inequality, and commitment to gender equality contribute to a high level of well-being. The country's residents enjoy a high standard of living characterized by high incomes, ample leisure time, and a strong focus on sustainability and environmental stewardship.
Switzerland
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0.96
↑ 0.63%
Vs 2020
Ranked in the World
#1
Switzerland is renowned for its exceptionally high standard of living. With a Human Development Index (HDI) of 0.96, it consistently ranks among the top countries in terms of wealth, education, healthcare, and overall well-being. Switzerland boasts a robust economy, efficient public services, a strong social safety net, and a high quality of infrastructure. Its citizens enjoy a high standard of living characterized by high incomes, low unemployment rates, excellent healthcare facilities, and a well-functioning education system.
Syria
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0.58
- 0%
Vs 2020
Ranked in the World
#146
Tajikistan
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0.69
↑ 3.16%
Vs 2020
Ranked in the World
#120
Tanzania
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0.55
↑ 0.18%
Vs 2020
Ranked in the World
#155
Thailand
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0.8
↓ 0.25%
Vs 2020
Ranked in the World
#66
The Bahamas
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0.81
↓ 0.37%
Vs 2020
Ranked in the World
#55
The Gambia
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0.5
↓ 0.2%
Vs 2020
Ranked in the World
#169
Togo
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0.54
↑ 0.75%
Vs 2020
Ranked in the World
#157
Trinidad and Tobago
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0.81
↓ 0.98%
Vs 2020
Ranked in the World
#57
Tunisia
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add_circle
0.73
↓ 0.81%
Vs 2020
Ranked in the World
#97
Turkey
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0.84
↑ 0.6%
Vs 2020
Ranked in the World
#49
Turkmenistan
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0.75
↑ 0.54%
Vs 2020
Ranked in the World
#93
Uganda
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add_circle
0.53
↑ 0.19%
Vs 2020
Ranked in the World
#162
Ukraine
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add_circle
0.77
↓ 0.26%
Vs 2020
Ranked in the World
#77
United Arab Emirates
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add_circle
0.91
↓ 0.11%
Vs 2020
Ranked in the World
#26
United Kingdom
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0.93
↑ 0.54%
Vs 2020
Ranked in the World
#18
With an HDI of 0.93, the United Kingdom provides its residents with a high standard of living and a rich cultural heritage. The country offers a well-developed healthcare system, quality education, and diverse employment opportunities. UK residents benefit from a strong social welfare system, historic landmarks, and a thriving arts and entertainment scene. The country's vibrant multicultural cities, picturesque countryside, and strong commitment to democratic values contribute to the overall well-being and quality of life enjoyed by its citizens.
United States of America
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0.92
↑ 0.11%
Vs 2020
Ranked in the World
#22
Uruguay
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0.81
↓ 1.46%
Vs 2020
Ranked in the World
#59
Uzbekistan
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0.73
↑ 0.69%
Vs 2020
Ranked in the World
#100
Vanuatu
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0.61
↓ 0.16%
Vs 2020
Ranked in the World
#137
Venezuela
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0.69
↓ 0.58%
Vs 2020
Ranked in the World
#118
Vietnam
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0.7
↓ 0.99%
Vs 2020
Ranked in the World
#113
Yemen
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0.46
↓ 1.09%
Vs 2020
Ranked in the World
#178
Zambia
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0.57
↓ 0.88%
Vs 2020
Ranked in the World
#149
Zimbabwe
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0.59
↓ 1.17%
Vs 2020
Ranked in the World
#142
FAQs
What is a standard of living ?
Standard of living refers to the level of wealth, comfort, material possessions, and quality of life experienced by individuals or communities in a particular geographic location. It encompasses various factors such as income, employment opportunities, access to education and healthcare, housing, infrastructure, social services, and overall well-being. The standard of living is influenced by economic factors, social policies, cultural norms, and environmental conditions. It serves as a measure of the overall prosperity and welfare of a population, reflecting the extent to which basic needs are met and the availability of resources that contribute to a fulfilling and satisfying life.
What country has the highest standard of living ?
Multiple countries are often considered to have high standards of living. However, it is important to note that rankings can vary depending on the criteria and indices used for measurement. According to various reports, including the Human Development Index (HDI) and the Legatum Prosperity Index, countries such as Switzerland, Norway, Iceland, Denmark, and Sweden have consistently been ranked among the countries with the highest standards of living.