The Highest Quality Of Life in 2020: The standard of living is an indicator that reflects how satisfied the basic needs of the population in a particular country are. It is determined based on the material needs of a person and the degree of his satisfaction with life.

This top is based on data provided by a foreign project. Numbeo and his studies of living standards, in which 72 countries of the world participate.

When determining the standard of living, an analysis is carried out and the degree of satisfaction of the population with the following areas of society is determined by the following indicators:

– The purchasing power of citizens (The indicator reflects how many goods or services a specific person is able to buy for a certain amount of money at the current price level).

– Security of living in the country (Reflects the security of the individual, the whole society and the state from external threats (War, etc.) and internal (crime, etc.).

– GDP per capita (It is determined on the basis of the market value of goods and services produced in all sectors of the economy in the territory of a given state for final consumption, export and savings for 1 year).

The Highest Quality Of Life For 2020

– The level of health care.

– Accessibility of healthcare.

– The level of environmental pollution.

– The level of political freedom.

– The percentage of citizens involved in the political life of society.

– Political stability.

– Territorial location.

– The cost of living.

– The cost of buying real estate.

– The cost of rental housing.

– The number of divorces.

– The amount of suicide.

– Percentage of child mortality.

Etc..

When making an assessment for each item, experts from both international organizations and the state to which the assessment is made are involved. Based on the data received, countries receive certain points based on the degree of satisfaction with a particular indicator. After each indicator is awarded a certain number of points, they are summarized, and the final grade determines the standard of living in a particular state.

Top 10 Countries With The Highest Quality Of Life in 2020

According to this rating, the following countries are included in the TOP 10 countries with the highest living standards:

1) Denmark – with a standard of living of 196.65 points.

2) Switzerland – with a standard of living of 195.32 points.

3) Finland – with a standard of living of 195.03 points.

4) Australia – with a standard of living of 192.53 points.

5) Austria – with a living standard of 192.42 points.

6) The Netherlands – with a standard of living of 188.94 points.

7) Germany – with a standard of living of 187.24 points.

8) New Zealand – with a standard of living of 185.26 points.

9) Norway – with a standard of living of 181.56 points.

10) Japan – with a standard of living of 179.12 points.

To complete the picture:

The United States ranks 13th with a standard of living of 179.52 points.

China ranks 65th with a standard of living of 97.21 points.

Top 10 Countries With The Highest Quality Of Life in 2020

And what place does Russia, Belarus, Ukraine and Kazakhstan occupy?

Russia – takes 59th place with a living standard of 104.94 points, behind countries such as Indonesia, Colombia and Macedonia.

Belarus – takes 37th place with a standard of living of 141.53 points, behind countries such as Italy, Poland and South Korea.

Ukraine – takes 62 place with a living standard of 102.65 points, behind countries such as Thailand, Pakistan and Russia.

Kazakhstan – takes 69th place with a standard of living of 87.53 points, behind countries such as Vietnam, the Philippines and China.

#Top 10 Countries With The Highest Quality Of Life in 2020

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