THE LEGATUM PROSPERITY INDEX™ 2018

Creating the Pathways from Poverty to Prosperity

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Spain has seen one of the biggest reductions in unemployment levels in 2018, with 470,000 new jobs created between April and June. Since 2013, unemployment has fallen from 24.8% to 17.4%.

Australia

Ranked 13^th of 149

Country Profile

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Ranks

13 th on the Legatum
Prosperity Index™

Economic Quality 28th

Business Environment 9th

Governance 12th

Education 8th

Health 12th

Safety & Security 22nd

Personal Freedom 14th

Social Capital 2nd

Natural Environment 17th

OVERALL PROSPERITY

Australia is 13th in the overall Prosperity Index rankings. Since the Prosperity Index began in 2007, Australia has moved down the rankings table by 10 places.

PILLAR RANKINGS

In the Prosperity Pillar rankings, Australia performs best on Social Capital and Education and scores lowest on the Economic Quality pillar. The biggest positive change, compared to last year, came in Personal Freedom increasing by 2 places, whereas they dropped 3 places on Education.

Visit our Rankings table to see how Australia compares to other countries.

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How to read this graph:
When comparing multiple countries on a spider chart, data points that appear
further away from the center represent a better performance to the points that are closer to the center.

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Key Findings

2018 Key Findings: Prosperity is growing, but not equally

28 November, 2018

The gap between the largest and smallest scores has been growing steadily since 2013, and this year the gap is the largest it has ever been.

North America
Asia
Europe
MENA
...
Africa
...
South America

News

Executive Summary

28 November, 2018

Prosperity has grown over the last year to its highest ever point. In the last five years, 113 countries have improved their prosperity. In many respects the world is getting…

North America
Asia
Europe
MENA
...
Africa
...
South America

Regional Analysis

Asia Pacific: A wide spread

29 November, 2017

The countries within Asia-Pacific have the broadest spread of prosperity – New Zealand sits at number two and Afghanistan at 146.

Asia
Oceania
New Zealand

Spotlights

Social capital and prosperity

29 November, 2017

Social Capital can take several forms. In his book, Bowling Alone, Robert Putnam defines two types. The first is ‘bonding’ Social Capital, representing links between…

North America
Global
Asia
Europe

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