Legatum Prosperity Index


The Legatum Prosperity Index is an annual ranking developed by the Legatum Institute, an independent educational charity founded and part-funded by the private investment firm Legatum. The purpose of the Prosperity Index is to measure national prosperity. It considers both material wealth and social well-being factors. The ranking is based on a variety of factors including wealth per capita, economic growth, education, health, personal well-being, and quality of life.
As of the 2023 rankings, 167 countries and territories were ranked, and Denmark topped the list, followed by its Nordic neighbours Sweden, Norway and Finland. South Sudan was in last place at 167th.
File:2023_Legatum_Institute_Global_Prosperity_Index.png|thumb|Countries according to their score in the 2023 Legatum Prosperity Index:

Methodology

The 2018 Legatum Prosperity Index is based on 104 different variables analysed across 149 nations around the world. Source data includes Gallup World Poll, World Development Indicators, International Telecommunication Union, Fragile States Index, Worldwide Governance Indicators, Freedom House, World Health Organization, World Values Survey, Amnesty International, and Centre for Systemic Peace. The 104 variables are grouped into 9 sub-indexes, which are averaged using equal weights. The 9 sub-indexes are:
For example, Personal Freedom includes freedom of speech and religion, national tolerance for immigrants, and ethnic and racial minorities. The Social Capital sub-index includes the percentage of citizens who volunteer, give to charity, help strangers, and who feel they can rely on family and friends.
Oxford Analytica assisted in the early development of the Prosperity Index and has contributed to shaping the methodology. Today, the annual Index is produced and published by the Legatum Institute.
The Legatum Institute operates a transparent approach to its work on the Prosperity Index. To that end, the entire methodology of the Prosperity Index along with the data used to create it is available for free online at the institute's website.

Rankings and scores by country

2023

2021

2020

2019

Legatum Institute

The Legatum Institute publishes the index.

Personnel

The Director of the Prosperity Index is Dr. Stephen Brien. The Prosperity Index is reviewed and critiqued by an advisory panel of academics and scholars representing a range of disciplines and includes: Prof Tim Besley ; Dr. Daniel Drezner ; Dr. Carol Graham ; Dr. Edmund Malesky ; Dr. Ann Owen.
The Legatum Institute's International Advisory Group also contributes and assists in the Prosperity Index: Prof Peter Skerry ; Prof Dan Chirot ; Toby Mundy CEO ; and Patrick Cheung.