Iran Rises in Prosperity Index

By John Lee.

Iran has risen one place in this year’s Legatum Institute Prosperity Index, ranking in 117th place out of the 149 countries measured.

The index ranks countries according to its nine pillars of prosperity: Economic Quality, Business Environment, Governance, Personal Freedom, Social Capital, Safety and Security, Education, Health and Natural Environment.

Despite the improvement, the report notes:

“Despite improving regulatory quality and government effectiveness, Iran’s government lost confidence among citizens in 2017.”

Norway re-gained its place at the top of the Index, pushing New Zealand into second place, with Finland maintaining its position in third place.

The least prosperous country is again Yemen, behind the Central African Republic and Sudan.

(Source: Legatum Institute)

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