Monday, March 27, 2023

Top 10 Most Developed Countries – 2023 List

When the discussion of “worlds greatest nation” comes up, one of the biggest primary factors is how developed a country is. Whether it’s the ease of access to education, salary, or overall health of a country, all are tied into a measure called the Human Development Index. Here, we take countries listed by IHDI (a measure that also includes factors of inequality) and form a top ten of the best places to live. All HDI, IHDI, and other data come from the United Nations Development Programme.

Top 10 Most Developed Countries In The World In 2023

Without further delay, let’s find out which countries are the most developed in 2023.

10. Denmark

Denmark is ranked one of the best countries to live in the world- and for good reason. Not only do they have a high life expectancy, but individuals also have easy access to medical care. Personal rights, access to basic knowledge, water, and sanitation, are also ranked high relative to other countries.

Individuals also have a high level of equality and community spirit, the latter of which is closely linked to happiness. Crime rates are also low, to the point where individuals can safely wander the streets, even at night. To put things into perspective, their crime rate is less than half of that of the United States.

9. Singapore

Singapore has developed from a low-income country to a high-income country over the past few decades. In fact, it has one of the most competitive economies in the world and is often regarded as Asia’s technology capital.

For one thing, they have a world-class tech industry that’s involved with artificial intelligence, data analytics, cloud computing, quantum computing, and other technologies. Not only that but they’re a regional base for many tech companies including Microsoft, Google, and Oracle.

8. Switzerland

Switzerland is an innovative country with strong technological skills. They also have several research centers, all of which are internationally recognized. In fact, science and technology have always been strongly promoted by the government.

Nowadays, several technologies are emerging in the country including robotics, artificial intelligence, advanced manufacturing and blockchain, and personalized digital health. They also lead the world in terms of patent applications. In 2021, more than 1,555 new patents were applied and more than 720 were granted.

7. Japan

Japan has the second-largest developed economy in the world. Not only are its citizens well educated, but it also has a large, affluent population and industrious workforce. While the country’s per capita GDP has gone down, they’re still one of the richest countries worldwide with a GDP of $4.9 trillion.

They are also a global leader in several industries including natural sciences, robotics, biomedical research, and aerospace exploration. That’s not all, they’re also known for their automobiles, electrical appliances, machinery, chemicals, and optical equipment.

Recent economic reforms have also made the country’s economy more flexible and open.

6. France

France is a wealthy, high-income country, one that has a highly developed social market economy- one that’s led by pharmaceuticals, manufacturing, and tourism. They also have multilateral efforts that are aimed at promoting economic development and reducing poverty.

Compared to other countries, France also scores higher on the Better Life Index. Not only do individuals enjoy a great work-life balance, but they also offer great public services. Healthcare is also affordable and accessible to all legal residents, including those who are currently unemployed.

Their life expectancy is also high at 83 years, which is two years higher than the OECD average of 81.

5. Canada

Canada is a highly developed country with one of the largest economies worldwide. For one thing, its economic base is incredibly diverse; it has a wealth of natural resources including gas, oil, and coal, which allows it to support its own energy needs. It also exports these resources to other nations including the United States.

They also have large industries in mining, manufacturing, and real estate, and is home to some of the world’s largest tech hubs. The tech sector is also constantly growing thanks to a large and diverse talent pool.

That’s not all, they also spend more money on education compared to other countries. Healthcare is also free as it’s considered to be a fundamental right.

4. The United States

The United States is one of the strongest economic and military powers in the world. Many technological research and development companies are also based in the US, including NASA. It’s also a global leader in engineering and medicine, with many well-known universities such as Yale and Harvard.

The fact that it’s surrounded by two oceans also makes it a very safe and secure country. Having said that, the military does have access to nuclear weapons. The Coast and Navy Guard are also on constant patrol.

The country’s infrastructure is also well-developed and the envy of many.

3. Belgium

Belgium is a developed country- one with a modern, highly advanced economy. It also has very high standards in terms of education, healthcare, and quality of life. The country was also one of the first in Europe to undergo the Industrial Revolution.

While GDP growth has slowed down in recent years, its economy, which is based on the service and industrial sectors, is incredibly well-developed. They are also a world leader in the chemical and plastics, metalworking, pharmaceutical, and food industries.

On top of that, they’re one of the biggest processors of radium, zinc, cobalt, lead, and copper.

2. Australia

Australia has one of the biggest mixed-market economies in the world. Their major sectors include mining, health and education, finance, construction, and manufacturing. Their economic growth is also higher than any other advanced nation.

Not only does the country have a high standard of living, but they also have a high gross domestic product and per capita income. Life expectancy is also high at 83.2 years, which isn’t surprising given their public hospital system, which provides free or low-cost treatments for all citizens. If anything, there’s little to no cost-sharing at all.

  1. Norway

Norway is one of the most prosperous countries in the world and is often considered to be the most developed. Not only do they have a well-educated labor force, but they’re also rich in natural resources such as gas, oil, and minerals. That’s not all, they also have a surplus in forests and hydroelectric power.

Its rich economy is also the reason why it has such a high living standard. For one thing, they have a free and accessible healthcare system. Access to higher education also leads to higher employment and lower unemployment rates.

Cody Carmichael
University graduate in Psychology, and health worker. On my off time I'm usually tinkering with tech or traveling to the ends of the globe.



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