TOP 10 MOST DEVELOPED COUNTRIES IN THE WORLD 2020

Please consider subscribing to BRAIN POWER if you're new here:http://www.youtube.com/c/BRAINPOWERALWAYS
#BRAINPOWER

Welcome to BRAIN POWER, today we are going to look at the top 10 most developed countries in the world, if you're new here please consider subscribing to our channel so that you dont miss out on the next interesting video like this. Alright then ,let's continue.


A developed country ,
is defined as a sovereign state that has a developed economy and technologically advanced infrastructure, when compared to other nations.
Several factors that determine whether or not a country is developed, such as the Human Development Index, political stability, gross domestic product (GDP), industrialization and freedom.

The Human Development Index was developed by the United Nations to measure human development in a country. Human development Index is quantified by looking at a country’s human development, such as education, health and life expectancy. HDI is set on a scale from 0 to 1 and most developed countries have a score above .80.


Number one, .Norway

According to the UN Development Report, Norway is the most developed nation in the world.
Norway has an Human development Index of 0.954.
making it a “very high development” country.
Norway has a high life expectancy of 82 years.
Norway is also one of the wealthiest nations in the world, with an average gross salary of $5,166 per month per person. Additionally, the per capita GDP is expected to hit US$93,000 by the end of 2020.
Norway’s economy is boosted by its petroleum and natural gas exports, being the third-largest exporter of natural gas in the world. Additionally, the majority of Norway’s workers are employed in the services sector instead of agriculture or manufacturing.
The economy is controlled by the government through regulation and enterprises are owned and funded by government.

Number 2. Switzerland,,,,,.

The second most-developed country in the world is Switzerland with Human development Index of .0946. Switzerland’s life expectancy is even higher than Norway’s at 83.6 years.
Additionally, Switzerland has one of the most competitive economies in the world with a highly developed service sector and the second-highest GDP per capita in the world of US$82,504.32 (December 2018). According to a report from KPMG, Switzerland scored highly for infrastructure, institutions, and openness and had the overall strongest growth outlook.

Number 3. , Ireland.,,,,,

With an Human development Index of 0.942, Ireland is the third-most developed country.
Ireland moved up in the UN’s rankings faster than any other country in the last five years.
Life expectancy for women is 83.6 years and for men is 79.7 years.
Additionally, the average number of years spent in schooling is 18.8 years, higher than both Norway and Switzerland. Ireland’s economy is outperforming most other European countries with impressive, almost-full employment and rising wages. In recent years, Ireland has seen an 8% decrease in income inequality and has been doing well to improve gender equality. The country’s GDP per capita is also impressive at US$80,264.

Number 4., Germany,,,,,.

Germany ranks fourth for the most developed countries.
Germany’s Human development Index is 0.939, tied with Hong Kong.
Germany’s high Human development Index is driven by its high quality of life and a strong economy, which is the strongest in Europe and the fourth-largest in the world.