10 Most Developed Countries in the World Heading into 2024

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1. Norway

HDI Ranking: 2

GDP Per Capita: $106,148

Composite Score: 1 

Norway, currently the most developed and prosperous country globally, experienced significant growth in 2022, partly due to high petroleum and natural gas prices. The economy is expected to continue growing, albeit at a slower rate, with a focus on balancing growth and sustainability. The labor market remains strong, with employment growth and low unemployment rates contributing to economic stability.’Stay informed and ahead of the financial curve by subscribing to the Insider Monkey newsletter. Enter your email address below to access exclusive insights and expert analysis around investment and finance. You can also read 23 Richest Countries in Asia by GDP Per Capita in 2023 and 23 Richest Countries in Africa by GDP Per Capita in 2023.

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