Botswana (83rd) has the third highest new business density in the world, contributing to it ranking first in sub-Saharan Africa for Economic Quality.
Read MoreSerbia is 52nd in the overall Prosperity Index rankings. Since 2011, Serbia has moved up the rankings table by 14 places.
Serbia performs most strongly in Social Capital and Living Conditions but is weakest in Natural Environment. The biggest improvement compared to a decade ago came in Social Capital.
Visit our Rankings table to see how Serbia compares to other countries.