27 Sep 2024

Canada Ranked 4th Best Country in the World in 2024

feature image

Canada has been ranked as the 4th best country in the world in the 2024 U.S. News country rankings, achieving an overall score of 94.1. The rankings consider factors such as quality of life, entrepreneurship, social purpose, and adaptability, which helped Canada secure its strong position.

Top 10 Best Countries in 2024

  1. Switzerland - Score: 100.0
  2. Japan - Score: 96.6
  3. United States - Score: 94.2
  4. Canada - Score: 94.1
  5. Australia - Score: 92.9
  6. Sweden - Score: 91.7
  7. Germany - Score: 90.6
  8. United Kingdom - Score: 87.9
  9. New Zealand - Score: 86.0
  10. Denmark - Score: 85.2

Canada has consistently been in the top five for the past four years. Although it dropped from 2nd place last year, Canada still performed well thanks to high scores in areas like social purpose and quality of life. The slight drop in ranking was due to decreases in the "open for business," "heritage," and "entrepreneurship" categories.

How U.S. News Ranks Countries

The U.S. News rankings evaluate 73 attributes based on survey responses from engaged citizens worldwide. These attributes are grouped into 10 themes:

  1. Movers: Measures how dynamic, unique, and different a country is perceived.
  2. Quality of Life: Considers factors like job market, safety, education, healthcare, and economic stability.
  3. Entrepreneurship: Assesses access to capital, skilled labor, innovation, and business transparency.
  4. Agility: Reflects how modern, adaptable, and responsive a country is seen.
  5. Social Purpose: Looks at human rights, environmental issues, social justice, and racial equity.
  6. Open for Business: Evaluates business-friendly factors like low corruption and favorable taxes.
  7. Cultural Influence: Gauges global cultural impact and how trendy and prestigious a country is.
  8. Adventure: Considers tourism appeal, friendliness, and scenic beauty.
  9. Power: Measures global influence, political clout, and military strength.
  10. Heritage: Assesses cultural richness, history, and attractions.

Canada’s Performance in Specific Categories

  • Agility: 2nd place with a score of 89.2
  • Quality of Life: 5th place with a score of 94.2
  • Social Purpose: 3rd place with a score of 97.8
  • Entrepreneurship: 6th place with a score of 81.9
  • Adventure: 16th place with a score of 57.5

Canada’s Strengths in Other Rankings

Canada also ranks highly in several other U.S. News lists:

  • 2nd for the best countries to headquarter a corporation
  • 4th for the best education systems
  • 5th for racial equity
  • 5th for perceived transparency
  • 6th for the best countries to retire comfortably
  • 6th for the best countries to raise a child

Canada’s strong global standing in these rankings reflects its ongoing commitment to quality of life, social justice, and business opportunities, making it one of the most attractive countries to live, work, and invest in.

Recent Post

Subscribe To Our Newsletter

Book Consultation