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Egypt, Morocco, and South Africa ranked among world's best countries

Published 2 days ago2 minute read

Three African countries, Egypt, Morocco, and South Africa, have been ranked among the world’s best countries in the 2024 Best Countries Rankings compiled by U.S. News & World Report, in collaboration with Wharton School and global marketing firm WPP.

Egypt emerged as the highest-ranked African country, placing 35th globally. It was followed by Morocco at 39th and South Africa at 40th.

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The rankings are based on a global survey that measured public perceptions of 87 countries across a wide range of attributes, rather than hard economic data alone.

The annual survey tapped into the views of more than 17,000 respondents from across the world, including business leaders, educated elites, and everyday citizens, who evaluated countries on 73 different attributes.

These attributes were grouped into 10 thematic subrankings: Adventure, Agility, Cultural Influence, Entrepreneurship, Heritage, Movers, Open for Business, Power, Quality of Life, and Social Purpose.

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To qualify for inclusion, countries had to meet minimum thresholds in GDP, tourism, and foreign direct investment (FDI).

The final rankings were calculated by correlating the attribute scores with GDP per capita based on purchasing power parity (PPP), a measure of inclusive national prosperity.

While Switzerland claimed the top spot globally, scoring high on business environment, quality of life, and social purpose, Japan and the United States followed closely due to their innovation strength, global influence, and large economies.

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AfricaBusinessInsider
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