The Legatum Prosperity Index is a comprehensive and annual ranking of countries based on their prosperity levels. It measures prosperity across nine pillars:
- Economy
- Education
- Entrepreneurship & Opportunity
- Governance
- Health
- Personal Freedom
- Safety & Security
- Social Capital
- Natural Capital
The index aims to provide a holistic view of prosperity beyond just economic factors, taking into account social, environmental, and governance aspects. It uses a variety of data sources and methodologies to rank countries based on their performance in each pillar.
Key Features of the Legatum Prosperity Index:
- Global Coverage: The index covers over 167 countries, providing a broad perspective on global prosperity.
- Multidimensional Approach: It considers a diverse range of factors, capturing a more comprehensive picture of a country's well-being.
- Transparency & Methodology: The index utilizes publicly available data and transparent methodologies, making it a reliable resource for understanding prosperity.
- Comparative Analysis: The index allows for comparisons between countries, enabling insights into national strengths and weaknesses.
Practical Applications:
The Legatum Prosperity Index is a valuable tool for:
- Policymakers: It provides insights into areas where countries can improve their prosperity levels.
- Businesses: It helps businesses identify promising markets and understand the business environment in different countries.
- Researchers: It provides a rich data source for studying various aspects of prosperity.
- Individuals: It offers a better understanding of the factors that contribute to a prosperous society.
The Legatum Prosperity Index is a comprehensive and insightful resource for understanding the state of global prosperity. It provides a valuable framework for analyzing and comparing countries based on their performance in key areas that contribute to a flourishing society.
