NORWAY HAS the world’s best economy for the second year in a row with its lead expanding dramatically. Australia has accelerated its surge up the global rankings, jumping from 13th place to seventh. The USA remains in the top 20, with strong income per person and growth in gross domestic product (GDP).
In order, the best-performed economies in 2024, with IAREM scores achieved, were:
- Norway,
32.32;
- Denmark,
23.75;
- United
Arab Emirates, 23.48;
- Hong
Kong, 22.47;
- Switzerland,
19.14;
- Oman,
18.12;
- Australia,
17.42;
- South
Korea, 14.94;
- Singapore,
14.75; and
- Iceland,
14.59.
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