Top 10 Most Developed countries In The World 2023

Intro
A developed country is a sovereign state with a mature economy and advanced infrastructure compared to other countries. A country is considered as developed such factors include political stability, gross domestic product, level of industrialization, social welfare programs, infrastructure, Health, Services, jobs, education system and the freedom of press. its citizens enjoy human development index HDI can be used to determine the best countries to live as more developed countries.

1. Norway
Norway is the most developed country in the world it is a Nordic country in northern Europe. Norwegians have the second highest GDP per capita among European countries and enjoy the sixth highest GDP per capita in the world also Norway ranks as the second wealthiest country in the world. Norway HDI score 0.957 in a GDP per capita of 82,244 dollars.

2. IRELAND
Ireland with the HDI score of 0.955. Ireland is the second most developed country in the world Ireland performs very well in several National performance metrics including Healthcare, economic freedom and freedom of the press. it is a member of the European Union.

3. Switzerland
Switzerland is the third most developed country in the world and it has a HDI of 0.955. the country is known for its dense forests Wildlife as well as safe clean water. Switzerland has a total land area of 15940 square miles and it has a population of about 8.7 million and the Important cities are Zurich, Geneva and Basel.

4. Iceland
Iceland is the fourth most developed countries in the world with the HDI score of 0.949. it is a island country in the North Atlantic Ocean and is the least populated country in Europe its capital and largest city is Reykjavik. Iceland is the 10th richest country in the world with a GDP per capita of 68,844 dollars and it has a total GDP of 25.4 billion dollars.

5. Hong Kong
Hong Kong is ranked fifth among the top 10 most developed countries in the world with a very high HDI of 0.949. it is a city and special administrative region of China located on the Eastern Pearl River with over 75 million residents in an area of 1104 square kilometers. its citizens have experienced a high quality of life.

6. Germany
Germany is the sixth most developed country in the world with the HDI score of 0.947. Germany's economy is a highly developed social market economy it has the largest economy in Europe and also the fourth largest economy in the world by nominal GDP. it is one of the largest exporters globally with goods and services worth 1.8 billion dollars in 2022.

7 Sweden
Sweden is ranked seventh among the top 10 most developed countries in the world. Sweden is a Nordic country in northern Europe it borders Finland from the west and Norway from the north. Sweden is also the 16th richest country in the world and its citizens have experienced a high quality of life for a very long time. Sweden has a human development index score of 0.945 .

8. Netherlands
The HDI score of NETHERLANDS is 0.944 that makes its the eighth most developed country in the world. it is a country located in Western Europe with territories in the Caribbean. Netherlands has a developed economy and has been playing a special role in the European economy. The Netherlands is one of the top 10 exporting countries in the world.

9. Australia
Australia is the ninth most developed country in the world with an HDI score of 0.944. it is a sovereign transcontinental country consisting of the Mainland of the Australian continent and a land area of 7617 930 square kilometers. Australia is a highly developed country. the country has a high GDP per capita and a relatively low poverty rate Australia has the 13th largest economy by PPP the 25th largest Goods exporter and 20th largest Goods importer.

10. Denmark
Europe enjoys a modern and mixed economy which is mainly service based as the country lacks and mineral resources other than oil and gas. therefore it has to rely on human resources. The standard of living in the country is quite High. Denmark has a total GDP of 210 billion dollars and a GDP per capita of 37,657. therefore its HDI rating of 0.9 makes it the 10th most developed country in the world.



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