It is becoming more and more clear that GDP (gross domestic product) alone is not a good indicator of a country’s performance.
The Boston Consulting Group (BCG) developed a better way to measure “sustainable well-being” of a country, based on 44 different indicators…
The indicators measure, among others, the rate of unemployment, inflation, prevalence of diseases, life expectancy, quality and accessibility of education, infrastructure, state of the environment, control of corruption & press freedom.
The following map is based on BCG’s 2016 report.
or comparison, here are the scores of other major nations: USA 83.7, Japan 81.3, Brazil 49.3, China 46.5, India 32.6.
You will find it interesting that the list is dominated by countries where a Germanic language is spoken (each of the top 13 countries has a Germanic language as an official or majority language). Do you think this is a coincidence?