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10 most prosperous countries in the world

Last updated on: November 27, 2012 10:10 IST

Tourists stroll along Barcelona's harbour.

There are many countries that have immense wealth, but not all score high when it comes to prosperity, too.

Prosperity extends beyond just material wealth. It includes factors such as social capital, effective governance, human rights and liberties, health, opportunity, security, and overall quality of life.

Let's take a look at 10 most prosperous countries in the world, according to Legatum Prosperity Index.

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10 most prosperous countries in the world

Last updated on: November 27, 2012 10:10 IST

People sunbathe in front of the Oslo Opera House, the home of the Norwegian National Opera and Ballet, in Oslo.

Norway

Economy: 2

Entrepreneurship and opportunity: 4

Governance: 13

Education: 6

Health: 4

Global rank: 1

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10 most prosperous countries in the world

Last updated on: November 27, 2012 10:10 IST

Boats are seen anchored at the 17th century Nyhavn district, home to many shops and restaurants in Copenhagen.

Denmark

Economy: 19

Entrepreneurship and opportunity: 1

Governance: 3

Education: 16

Health: 16

Global rank: 2

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10 most prosperous countries in the world

Last updated on: November 27, 2012 10:10 IST

Women smell cherry blossom in the Kungstradgarden park in Stockholm.

Sweden

Economy: 5

Entrepreneurship and opportunity: 2

Governance: 4

Education: 12

Health: 14

Global rank: 3

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10 most prosperous countries in the world

Last updated on: November 27, 2012 10:10 IST

Rowers train at dawn on the Yarra River in Melbourne.

Australia

Economy: 10

Entrepreneurship and opportunity: 8

Governance: 8

Education: 2

Health: 17

Global rank: 4

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10 most prosperous countries in the world

Last updated on: November 27, 2012 10:10 IST

People cross a street after rainfall in central Auckland.

New Zealand

Economy: 27

Entrepreneurship and opportunity: 13

Governance: 2

Education: 1

Health: 20

Global rank: 5

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10 most prosperous countries in the world

Last updated on: November 27, 2012 10:10 IST

People play volleyball on the front lawn of Parliament Hill in Ottawa.

Canada

Economy: 8

Entrepreneurship and opportunity: 16

Governance: 6

Education: 3

Health: 15

Global rank: 6

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10 most prosperous countries in the world

Last updated on: November 27, 2012 10:10 IST

Tourists take part in the reindeer safari at Arctic Circle near Rovaniemi.

Finland

Economy: 16

Entrepreneurship and opportunity: 3

Governance: 5

Education: 8

Health: 12

Global rank: 7

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10 most prosperous countries in the world

Last updated on: November 27, 2012 10:10 IST

Cyclists visit a Dutch tulip field in Noordwijk.

The Netherlands

Economy: 14

Entrepreneurship and opportunity: 10

Governance: 11

Education: 11

Health: 7

Global rank: 8

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10 most prosperous countries in the world

Last updated on: November 27, 2012 10:10 IST

People walk on Zurich's main shopping street Bahnhofstrasse.

Switzerland

Economy: 1

Entrepreneurship and opportunity: 7

Governance: 1

Education: 32

Health: 3

Global rank: 9

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10 most prosperous countries in the world

Last updated on: November 27, 2012 10:10 IST

A cyclist rides past the Coffee To Get Her restaurant near Dublin city centre, which becomes a bar and club in the evenings.

Ireland

Economy: 25

Entrepreneurship and opportunity: 14

Governance: 14

Education: 14

Health: 11

Global rank: 10