THE LEGATUM PROSPERITY INDEX™ 2020

Creating the Pathways from Poverty to Prosperity

Focus on the Regions

Although North America remains the most prosperous region, it is only slightly more prosperous than it was a decade ago, and Western Europe is now demonstrating a similar level of prosperity having very nearly closed the gap.

Since 2010, every region has seen improvements in the Open Economies and Empowered People domains.

Eastern Europe, Latin America and the Caribbean, and Asia-Pacific, cluster together to be the next most prosperous regions respectively. The rise in prosperity in the Asia-Pacific region has resulted in it now experiencing similar levels of prosperity to Latin America and the Caribbean.

The Middle East and North Africa (MENA) is the sixth most prosperous region, followed by sub-Saharan Africa. These two regions are both improving, and though sub-Saharan Africais gradually closing its prosperity deficit with MENA, neither region is exhibiting rates of improvement comparable to those of Asia-Pacific or Eastern Europe, resulting in both regions continuing to fall further below the global average.

Since 2010, every region has seen improvements in the Open Economies and Empowered People domains. However, only Asia-Pacific and Western Europe have improved in the Inclusive Societies domain, while the other regions have shown a deterioration.