Sri Lanka has climbed nine positions from 2009 to be ranked 59 among 110 nations, in the World Prosperity Index - 2010, announced yesterday. Sri Lanka is also the highest ranked country among South Asian nations. In the overall rankings Sri Lanka is just behind China, ranked 58. Among other South Asian nations India has been ranked at 88, Nepal 91, Bangladesh 96 and Pakistan 109.
According to the 2010 report Sri Lanka which went nine places up is also the third highest gainer from 2009. Indonesia jumped 15 places to be ranked 70 and Algeria went up 12 places to be ranked at 79. The ’Legatum’ prosperity index assesses 110 countries accounting for over 90 percent of the world’s population and is based on 89 different variables, each of which has a demonstrated effect on economic growth or on personal well-being. The index consists of eight sub-indexes, each of which represents a fundamental aspect of prosperity.