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The economy of Latvia is an open economy in Europe and is part of the European Single Market. Latvia is a member of the World Trade Organization (WTO) since 1999, a member of the European Union since 2004, a member of the Eurozone since 2014 and a member of the OECD since 2016. Latvia is ranked the 14th in the world by the Ease of Doing Business Index prepared by the World Bank Group. According to the Human Development Report 2023/24 by the United Nations Development Programme, has a HDI score of a 0.879. Due to its geographical location, transit services are highly developed, along with timber and wood processing, agriculture and food products, and manufacturing of machinery and electronic devices.
A developed country, or advanced country, is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are the gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. Different definitions of developed countries are provided by the International Monetary Fund and the World Bank; moreover, HDI ranking is used to reflect the composite index of life expectancy, education, and income per capita. In 2023, 40 countries fit all four criteria, while an additional 19 countries fit three out of four.
The following are links to some international rankings of the United States.
The following are international rankings of Panama
The following are the international rankings of Jordan.
The following are International rankings of France.
The following are international rankings of Armenia
Canada ranks among the highest in international measurements of civil liberties, quality of life, education levels, gender equality, public services, public security and environmental sustainability. It ranks among the lowest of the most developed countries for housing affordability, healthcare services and foreign direct investment.
The following are international rankings of Kosovo:
These are the international rankings of Ecuador.
The following is a list of international rankings of Belarus.
These are the international rankings of Nepal
The following are international rankings of Israel:
The following are international rankings of Sri Lanka.
References
- ↑ https://data.worldbank.org/indicator/SI.POV.GINI/, World Bank, accessed on 2023.
- ↑ "Index of Economic Freedom World Rankings". The Heritage Foundation . Heritage Foundation.
- ↑ "World Economic Outlook Database, April 2024". IMF.org. International Monetary Fund. 16 April 2024. Retrieved 16 April 2024.
- ↑ "WEO Database, April 2024. Report for Selected Countries and Subjects: World, European Union". IMF.org. International Monetary Fund. 16 April 2024. Retrieved 16 April 2024.
- ↑ "World Economic Outlook Database, April 2024". IMF.org. International Monetary Fund. 16 April 2024. Retrieved 18 April 2024.
- ↑ "WEO Database, April 2024. Report for Selected Countries and Subjects: World, E.U." IMF.org. International Monetary Fund. 16 April 2024. Retrieved 18 April 2024.
- ↑ "World Bank Open Data". World Bank Open Data. World Bank . Retrieved 2024-03-28.
- ↑ "Human Development Report 2023-24" (PDF). HDRO (Human Development Report Office) United Nations Development Programme. pp. 274–277. Retrieved 13 March 2024.
- ↑ "Happiest Countries Prove Resilient Despite Overlapping Crises". worldhappiness.report. 20 March 2023. Archived from the original on 7 May 2023. Retrieved 2023-04-23.
{{cite web}}: CS1 maint: bot: original URL status unknown (link) - ↑ "Global Competitiveness Report 2020" (PDF). World Economic Forum. 16 December 2020. Retrieved 18 April 2024.
- ↑ "2022 EPI Results". Environmental Performance Index. Retrieved 22 November 2020.
- ↑ "2023 Global Peace Index" (PDF). Institute for Economics & Peace. Institute for Economics & Peace. June 2023.
- ↑ "Fragile States Index 2023". Fund for Peace. Fund for Peace. 14 June 2023.
- ↑ "Corruption Perceptions Index 2010 Results". Transparency International. Archived from the original on 25 April 2012. Retrieved 15 August 2011.
- ↑ "Press Freedom Index 2010". Reporters Without Borders. Archived from the original on 24 November 2010. Retrieved 15 August 2011.
- ↑ "Democracy Index 2010" (PDF). Economist Intelligence Unit. Retrieved 15 August 2011.
- ↑ "The lottery of life". The Economist.
- ↑ "Social Progress Index: Denmark". socialprogress.org. Social Progress Imperative. Retrieved 6 November 2020.
- ↑ Satisfaction with Life Index Archived 2007-10-11 at the Wayback Machine
- ↑ Practicing Physicians per 1000 Population - OECD 2009 Report