Asia News Network
The ranking to countries is ascribed with measuring factors like entrepreneurship, openness to business, adventure, citizenship and overall quality of life. The rankings evaluate 80 countries across 24 rankings drawn from a survey of more than 21,000 global citizens measuring 75 dimensions that have the potential to drive trade, travel and investment.
Japan is ranked the best country in Asia and fifth globally.
Australia also features in the top ten list of best countries of the world. It is ranked seventh globally and second in Asia. It has scored well on indicators like entrepreneurship, being open for business and cultural influence.
Singapore, the bustling metropolis, is ranked 16 globally and third in Asia. The country has high GDP along with a low unemployment rate. However the increasing population has given rise to concerns of income equality and rising cost of living.
With world’s second largest economy after the US, China is ranked 20 globally and is the fourth best country to live in Asia. Although the country has a booming economy there are concerns like the substantial level of rising pollution in the country that affects the quality of life.
South Korea is ranked 22 globally and is the fifth best country in Asia. The country has witnessed a steady growth and has reduced poverty significantly. It is the world’s seventh-largest exporter and 11th-largest economy overall.
India is ranked 25 globally and is the sixth best country in Asia. It is followed by Thailand that is ranked 27 globally and seventh in Asia.
Malaysia is ranked 34 globally and is eighth best country in Asia. The country has “gone a long way toward reducing poverty, moving the share of households living below the poverty line from more than 50 per cent in the 1960s to less than 1 percent in 2015”. Malaysia is followed by Indonesia (41), Vietnam (44) and Philippines (49).
Sri Lanka is ranked 51 globally and is the 12th best country in the region. Health standards and literacy are high in the country although poverty remains a concern. It is followed by Myanmar (63) and Pakistan (74)