Speed Reads

Prosperity

Norway ranked the world's most prosperous country

Legatum Institute's 2014 Prosperity Index ranked Norway as the world's most prosperous country for the second year in a row, The Local reports. The United States came in 10th.

The study, now in its eighth year, takes into account each country's economy, entrepreneurship, governance, education, personal freedom, health, security, and social capital. The research included 142 countries, which represent more than 96 percent of the world's population and 99 percent of global GDP.

According to the research, an impressive 94.9 percent of Norwegians said they felt they could rely on their fellow citizens in a time of need. Scandinavia fared well overall, too: In addition to Norway's taking the top spot, Denmark ranked fourth, Sweden ranked sixth, and Finland ranked eighth.

Russia, meanwhile came in 68th place, ranking as Europe's worst performing country. See the full rankings here.