Luxembourg's quality of life reasserted - Luxembourg | Luxembourg came 4th | Luxembourg (Europe) | Scoop.it

SEDA - European dominance
Luxembourg came 4th on the 'Sustainable Economic Development Assessment' (SEDA) ranking, just after Norway, Switzerland and Iceland. Compared to last year, the Grand Duchy maintains its position thanks to good results in the areas of employment and infrastructure. As for the wealth/well-being coefficient, which reviews how countries are able to convert their wealth (as reflected by the income per inhabitant ratio) into well-being, Luxembourg obtained a good rating of 1.5.

The BCG (Boston Consulting Group) presented the results of a factual analysis assessing the development of well-being in a country based on ten different elements, including health, education and infrastructure. The 2018 analysis also assessed the overall direction of total well-being across the world.

European countries continue to dominate the ranking, thanks to high incomes and strong commitment towards social progress and governance. Singapore is the only non-European country among the top ten countries.

 

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