Switzerland – HDI 0.962

Switzerland is a small country in central Europe, is similar in size to New Jersey. It is surrounded by France, Italy, Austria, Germany, and Liechtenstein. Switzerland is made up of 26 cantons and is officially called the Swiss Confederation. Bern is its administrative capital, while Lausanne serves as its judicial center.

This country is famous for its ski resorts, hiking trails, and its 49 colleges and universities, such as the University of Zurich, ETH Zurich, and the University of Bern. Additionally, Switzerland is renowned for its banking and finance sectors, as well as its world-famous chocolate and watches.

Switzerland – HDI 0.962

Location

Italy to the south, France to the west, Germany to the north and Austria and Liechtenstein to the east.

Total Area

41,285 km²

Region

Cental Europe

Population

87 Lakhs (2021)

Official Capital

Bern (de facto)

Official Language

German, French, Italian, and Romansh

Currency

The Swiss Franc

GDP

$831.52 Billion 

GDP Per Capita, PPP

$73,435 

Economy

20th

Top 10 Developed Countries in the World

A developed country is a term that refers to those nations that already achieved a high-quality lifestyle based on their developed economy and advanced technological infrastructure. However, the term has a long description that also includes many factors like income per capita, industrialization, standard of living, technological infrastructure, political stability, freedoms enjoyed by the residents, and so on.

In this article, we are going to discuss 10 developed countries in the World by keeping these factors in mind.

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List of Top 10 Developed Countries in the World

The development of a country can be decided on various factors like GDP per capita, literacy rate, daily life, political stability, and access to all essential commodities. These factors are generally combined in a package that is known as the Human Development Index (HDI). The Human Development Index (HDI) is a statistical summary of major three components and related achievements of a country i.e. health, knowledge, and standard of living....

10. Netherlands – HDI 0.941

The Netherlands is a small country in Europe with over 17 million people. It is also known as the “low countries” because it is flat and 26% of total area sits below the sea level. Amsterdam is the official capital but the government of the country sits in The Hague....

9. Germany – HDI 0.942

Germany is a country in Central Europe known for its rich culture and traditions. Germany has beautiful castles like Neuschwanstein and churches like Cologne Cathedral. There are many places for education, like language schools and learning centers.Germany is renowned for its excellent quality of education system and job markets. According to Trading Economics, Germany’s GDP is expected to reach $4,103 billion by the end of 2024....

8. Ireland – HDI 0.945

Ireland is a country located on an island in the North Atlantic Ocean, near Britain. It is part of a group of islands called the British Isles, separated from Britain by channels of water. Ireland has two parts i.e. the Republic of Ireland and Northern Ireland. It is also a member of the European Union. The island itself is smaller than a continent but surrounded by water. It is known for its vast peat bogs, mountains that reach over 3,000 feet in the southwest, and so many large lakes....

7. Sweden – HDI 0.947

Sweden is a member of the European Union. It is a big country in Europe which is also known as the Kingdom of Sweden. It is in Scandinavia and have lots of islands, lakes, forests, and mountains. It shares borders with Norway and Finland. Swedish food includes dairy, bread, berries, meats like beef, chicken, lamb, pork, eggs, and seafood. Big cities are present in Sweden are Stockholm, Gothenburg, and Malmö. Stockholm is special because it is built on many islands and has many bridges....

6. Denmark – HDI 0.948

Denmark is a country in northern Europe that is known for its many islands and flat lands. It was ruled by Queen Margrethe II and also a part of the EU and NATO. Denmark is about twice as big as Massachusetts....

5. Australia – HDI 0.951

Australia is a big country that is present in the Southern Hemisphere. It is made up of the mainland, Tasmania, and some smaller islands. It is also the biggest country in Oceania and the smallest continent. Lots of different people from different cultures live in Australia that makes it really diverse. It has a rich history and it is the home to one of the oldest cultures in the world that’s still around today....

4. Hong Kong – HDI 0.952

Hong Kong, part of China, is a special place in the southeast corner. It is made up of islands and peninsulas, covering about 2,755 square kilometers. Around 7.2 million people live there, with its main government center in Tamar. Hong Kong is famous for its dim sum and tea spots. In 2023, it was listed as the fifth priciest city to live in. Hong Kong mostly runs its own show thanks to the “one country, two systems” idea, thought up by Chinese leader Deng Xiaoping in the 1980s....

3. Iceland – HDI 0.959

Iceland is an island country in the North Atlantic Ocean, between North America and Europe. It is a republic with around 317,000 people and covers about 39,769 square miles. The official language is Icelandic, but English, Nordic languages, and German are also spoken. Iceland is famous for its beautiful landscape with volcanoes, geysers, hot springs, and lava fields. It has national parks like Vatnajökull and Snæfellsjökull, which protect huge glaciers....

2. Norway – HDI 0.961

Norway is a country in Northern Europe. It is known for its stunning mountains, icy glaciers, and beautiful fjords—long, narrow inlets surrounded by steep cliffs. It is one of the richest countries in this World. Each person have a good income and being able to buy things. People of this country love to perform different activities like fishing, hiking, and skiing, especially at places like Lillehammer....

1. Switzerland – HDI 0.962

Switzerland is a small country in central Europe, is similar in size to New Jersey. It is surrounded by France, Italy, Austria, Germany, and Liechtenstein. Switzerland is made up of 26 cantons and is officially called the Swiss Confederation. Bern is its administrative capital, while Lausanne serves as its judicial center....

Human Development Index and GDP of India

In the 2022-2023 Human Development Report (HDR), India is placed at 132nd among 191 countries on the Human Development Index (HDI). India’s HDI score is 0.633, which is less than the world average of 0.732. HDI measures a country’s development by looking at its health, education, income, and living standards. The United Nations Development Programme (UNDP) releases the HDI each year in its Human Development Report. In 2024, India is the fifth biggest economy globally, with a GDP of US$3.75 trillion. But, experts think that by 2030, India will climb to the third spot....

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