South Korea has been ranked as the 25th best country to live in.
According to the Drudge Report on Nov. 3, South Korea ranked 25th globally in the “2014 Global Prosperity Index” reported by British Legatum Institute, in which 142 countries were assessed, moving up one notch from last year.
The Legatum Institute reported the best countries to live in from 2008 by ranking countries based on the eight categories of economy, entrepreneurship, governance, education, personal freedom, health, security, and social capital.
South Korea placed fifth among Asian countries following Singapore (18th), Japan (19th), Hong Kong (20th), and Taiwan (22nd) in this year's investigation written based on data from 2013. Although Korea ranked in the top 30 in six categories, personal freedom (59th) and social capital (69th), which refers to cooperation or the network between members of society, was ranked relatively low. The categories that Korea had high records in were economy (9th) and education (15th).
Meanwhile, Norway was chosen as the best country to live in worldwide for the sixth year in a row since 2009, followed by Switzerland. New Zealand recorded third, fighting for the highest rank in the categories of governance and personal freedom. The U.S. stayed at 10th place.