Education is a particular strength in Canada (15th), with 99.8% of the population enrolling in secondary school and women spending an average of 15.7 years in school, some of the highest rates seen anywhere in the world.
Read MoreSweden is 3rd in the overall Prosperity Index rankings. Since 2011, Sweden has moved down the rankings table by 2 places.
Sweden performs most strongly in Natural Environment and Personal Freedom but is weakest in Enterprise Conditions. The biggest improvement compared to a decade ago came in Health.
Visit our Rankings table to see how Sweden compares to other countries.