South Africa is ranked as the 75th most prosperous country in the world, hampered by poor health, living conditions, education levels and a low sense of safety and security.
– measures the extent to which there are checks and restraints on power and whether governments operate effectively and without corruption.– measures the strength of personal and social relationships, social norms, civic participation in a country, and social tolerance.– measures the extent to which investments are adequately protected and are readily accessible.– measures the degree to which regulations enable businesses to start, compete, and expand.
Denmark ranked 1st for social capital, 2nd for living conditions and personal freedom, and 3rd for governance. Finland followed in 4th place overall, while Switzerland ranked 5th – firmly cementing the dominance of Nordic nations regarding prosperity worldwide.South Africa The highest-ranked countries in the sub-Saharan Africa region fill out most of the middle and bottom reaches of the index, with plenty of countries slipping in the rankings.