The list of most improved countries is based on the World Bank’s GDP per capita in 2017. The list, which includes countries with at least a 10% increase in GDP per capita, shows that there are some amazing improvements happening all over the world.
The World Bank’s Most Improved Countries list is based on the countries that have seen a significant increase of GDP per capita in the year 2017.
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This list includes seven countries from Europe and Asia, mainly due to political and economic developments that have taken place during this year.
In addition to these seven countries, there are also five African nations on this list which appear as an indication of rapid economic development within Africa as a whole.
Most Improved Countries in 2021
With continuous economic growth and political stability taking place in these nations, it can be predicted that their progress will only continue to improve With continuous economic growth and political stability taking place in these nations, it can be predicted that their progress will only continue to improve.
Poland is a country that has seen rapid progress in the last few years. This is primarily due to the efforts of its citizens and the government. The countries most improved trajectory leads many people to believe that Poland will be the next powerhouse of Europe.
Poland’s economy significantly improved post-EU accession in 2004, with GDP growth averaging 4% per year over the past decade and unemployment dropping by half since 2007. Poland’s annual GDP growth rate is now estimated at 2% per year, which is still one of the highest rates in Europe.
The country has been able to achieve this success while maintaining a stable budget deficit and low public debt levels. This has allowed Poland to become one of Europe’s strongest economies despite having a relatively small population of 38 million people.
In this section, we will be talking about the most improved countries according to the United Nations Human Development Index in 2017.
In 2017, Ukraine was ranked 16th most improved country on the HDI list as it moved from a 133rd rank in 2016. This is impressive for a country that has been in turmoil over the last few years.
Ukraine first emerged as an independent state back in 1991 following the dissolution of the Soviet Union and has since seen various political changes and conflicts with Russia (including Russia’s military intervention). Today, Ukraine is considered a peaceful place to live and there are no open conflicts in this country.
#3. North Macedonia
North Macedonia has made a lot of progress in the past decade. They are also one of the fastest-growing countries in Europe.
North Macedonia is improving the lives of its people through a number of improvement projects, including making healthcare and education more accessible and affordable for all citizens.
The country is an example for many other countries to follow in order to achieve faster development.
Iraq has seen vast improvements in various areas over the past few years. One of them is education. More schools have been built, and it seems that the quality of education has also improved.
As a result, there has been an increase in students attending these schools which in turn leads to more teachers being employed which in turn leads to better education for students as well as infrastructure improvements for the country.
Over the past few years, Iraq has made great strides towards improvement and development when it comes to its education system.
Vietnam is a country in Southeast Asia, and it was once considered to be one of the poorest nations in Asia. In the last ten years, however, Vietnam has become one of the most improved countries in Asia.
The Vietnamese economy has been slowly expanding and was ranked 7th largest economy in ASEAN in 2016 by purchasing power parity. It’s also a model for other developing countries to follow.
Vietnam’s progress has been possible largely due to government policies like land reform and an efficient education system that have contributed to their rapid economic growth over recent years. However, other challenges remain like corruption and poor infrastructure that hinder Vietnam’s progress going into the future.
The world is changing, and it’s time to be prepared for what comes next. As we’ve seen in recent years, countries like China have risen quickly as global economic powers.
We’re proud of the progress that has been made by these nations who are now among the most improved in the past 50 years. If you want to see how your country stacks up against them or if you just want a glimpse at how things might look in 2050, take a look at this list from Forbes.
Countries like Nigeria and India are making leaps and bounds in their development. They have a long way to go before they reach the level of first-world countries, but these improvements are worth celebrating nonetheless.
The next time you find yourself feeling down about your country’s economic situation or political strife, think about how much progress this global community is making together.
Source: Global Peace index 2021- The Institute for Economics and Peace
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