10 Best Countries in the World

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6. Australia

Human Development Index (2021): 0.951

R&D Expenditure as a Percentage of GDP (2019): 1.83%

GDP PPP (2024): $1.78 trillion

International Migrant Stock (2020): 7.6 million

Insider Monkey Score: 12.6

Ranked 6th on our list, Australia has a GDP of $1.78 trillion as of 2024. In 2021, the HDI of the country was 0.951. The number of foreign-born people in the country was 7.6 million in 2020. In 2021, it spent 1.83% of its GDP on R&D.

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