Markets

Insider Trading

Hedge Funds

Retirement

Opinion

20 Most Religious Countries in the World

In this article, we look at the 20 most religious countries in the world. You can skip our detailed analysis on religious commitment by country, and head over directly to the 5 Most Religious Countries in the World.

The PEW Research Center in 2018 identified how religious commitment varies by country and region among people of all age groups. The four standard measures they surveyed respondents over were: affiliation with religion, importance of religion in their lives, whether they pray daily, and whether or not they attend a weekly religious service.

Globally, 88% of the population was affiliated with religion. 54% of the world regards religion as very important in their lives. 49% pray daily, and 39% attend a weekly worship service. Africa is the most religious region in the world, followed by the Middle East, South Asia, and Latin America. In contrast, Europe and America have generally less religious people.

Based on our analysis from the data sourced from PEW, Nigeria is the most religious country in the world, while China is the world’s least religious nation, where only 3% of the population regarded religion as very important, and just 1% prayed daily and attended a religious service once a week.

Religiosity and Economic Growth

A study by J. Callen and X. Fang of the University of Washington, titled Religion and Stock Price Crash Risk, found evidence that companies headquartered in counties that were more religious than others had lower levels of stock price crash risk because as a set of social norms, religion helps curb bad-news-hoarding activities by managers. Findings of the National Bureau of Economic Research in a research published by Robert J. Barro and Rachel M. McCleary also stated that there is a positive relationship between religiosity and economic growth, as religious beliefs influence traits and behaviors’ that enhance economic performance. Religion establishes ethical norms and social standards that are conducive to a stable economy.

On the other hand, a study in Science Advances has stated that secular countries can expect prosperity, as a decline in religiosity influences economic growth. Researchers from the University of Bristol in the UK, and University of Tennessee worked on this research which measured the importance of religion in 109 countries between 1900-2000. However, Damian Ruck, one of the lead researchers said that the relationship between secularism and economic progress is not causal; development would only occur if secularism is accompanied with human rights. He also added that this study was not to suggest that religious countries cannot become prosperous.

Religion in the Corporate World

There are many companies in the US that are considered to have religious influences, which in most cases, they inherited from the values of their founding fathers, or were developed over time. Chick-fil-A, for instance, is a large American fast food chain that stays closed on Sunday. The company’s website mentions that this decision was taken by its founder in 1946 to allow employees a day off to rest or worship.

Tyson Foods, Inc. (NYSE:TSN) is another such company that embraces workplace spirituality. Its core values talk about being a faith-friendly organization. Tyson Foods, Inc. (NYSE:TSN) also has a chaplain program that provides pastoral care to employees in need. It is one of the largest food companies in the United States and the second largest exporter of beef in the country. Tyson Foods, Inc. (NYSE:TSN) is forecasted to generate sales of over $50 billion in 2023.

Alaska Airlines, owned by the Alaska Air Group, Inc. (NYSE:ALK) for decades, used to provide prayer-cards with its in-flight meals. This was a tradition the airline went on with from the 1970s until 2012 when it decided to end the practice. Alaska Air Group, Inc. (NYSE:ALK) said it made the decision to stop providing prayer-cards with meals to respect the diverse religious beliefs of the airline’s passengers and employees. Alaska Airlines is the fifth largest airline in North America. Alaska Air Group, Inc. (NYSE:ALK) recorded a revenue of $9.1 billion in 2022.

Methodology

We have ranked the 20 most religious countries in the world using a 2018 report by the PEW Research Center that surveyed respondents in over 100 countries on four metrics – their affiliation with a religion, whether they attended a weekly religious service, if they pray daily, and if they considered religion ‘very important’ or not. Equal weightage has been assigned to all metrics, and their percentages were summed to get an aggregated score. We have listed the most religious countries in the world based on these scores, in ascending order. In the case where two or more countries had the same score, we outranked one over the other using the metrics related to the percentage of people in these countries that consider religion ‘very important’.

Let’s now head over to the list of the most religious countries in the world.

20. Tanzania

Affiliation with religion: 99%

Weekly worship attendance: 82%

Percentage of people who pray daily: 56%

Perception of religion as very important: 93%

Score: 3.30

Tanzania is a country in East Africa with over 63 million people that are predominantly Christian, but has a sizable Muslim minority which makes up for nearly a third of the country’s overall population.

19. Congo

Affiliation with religion: 96%

Weekly worship attendance: 78%

Percentage of people who pray daily: 69%

Perception of religion as very important: 88%

Score: 3.31

Located in Central Africa, the Democratic Republic of the Congo is next on our list. 88% of the respondents in the country regarded religion as ‘very important’, according to the PEW Research Survey.

18. Rwanda

Affiliation with religion: 99%

Weekly worship attendance: 80%

Percentage of people who pray daily: 62%

Perception of religion as very important: 90%

Score: 3.31

An estimated 99% of Rwanda’s population affiliated themselves with a religion and 80% attend a weekly religious service. Over 70% of Rwanda’s population is Christian, while about a quarter of them follow indigenous beliefs.

17. Uganda

Affiliation with religion: 100%

Weekly worship attendance: 82%

Percentage of people who pray daily: 66%

Perception of religion as very important: 86%

Score: 3.34

Uganda is a Christian-majority country in East Africa. It ranks among the most religious countries in the world, with 86% of the respondents considering religion as a very important part of their lives.

16. Guatemala

Affiliation with religion: 94%

Weekly worship attendance: 75%

Percentage of people who pray daily: 82%

Perception of religion as very important: 89%

Score: 3.40

Guatemala is located south of Mexico, and is popular for its ancient Mayan sites. 94% of the population in Guatemala is affiliated with a religion. The country is majority Christian, with three-fourths of the respondents saying they attend a weekly religious service.

15. Cameroon

Affiliation with religion: 98%

Weekly worship attendance: 70%

Percentage of people who pray daily: 82%

Perception of religion as very important: 90%

Score: 3.40

Known for its wildlife, Cameroon is a country in Central Africa where 90% of the population regard religion as ‘very important’. Nearly 70% of Cameroon’s population is Christian, while about 21% identify themselves as Muslim.

14. Chad

Affiliation with religion: 97%

Weekly worship attendance: 77%

Percentage of people who pray daily: 83%

Perception of religion as very important: 86%

Score: 3.43

Chad is a landlocked country in Central Africa. 83% of the population in Chad pray daily, while 77% attend a weekly religious service. It ranks 14th on the list of the most religious countries in the world.

13. Ethiopia

Affiliation with religion: 100%

Weekly worship attendance: 82%

Percentage of people who pray daily: 65%

Perception of religion as very important: 98%

Score: 3.45

Next on the list is Ethiopia. It is one of the fastest growing economies in the world, and ranks fifth in the list of 20 Countries with the Highest Rate of Economic Growth in 5 Years. Ethiopia is a highly religious country, with Christianity being the religion of the majority. Muslims also form a sizable minority of the overall population.

12. Kenya

Affiliation with religion: 100%

Weekly worship attendance: 81%

Percentage of people who pray daily: 79%

Perception of religion as very important: 87%

Score: 3.47

100% of the Kenyans surveyed by PEW associated themselves with a religion. More than 85% of the population is Christian. 87% of all Kenyans consider religion as ‘very important’ in their lives.

11. Ghana

Affiliation with religion: 99%

Weekly worship attendance: 84%

Percentage of people who pray daily: 76%

Perception of religion as very important: 89%

Score: 3.48

Ghana is located in West Africa, and is home to nearly 33 million people. It is a Christian majority country where they make up for nearly three-fourths of the population. 76% of Ghanaians pray daily and 84% attend a weekly religious service for worship.

10. Liberia

Affiliation with religion: 100%

Weekly worship attendance: 79%

Percentage of people who pray daily: 80%

Perception of religion as very important: 90%

Score: 3.49

Liberia is the 10th most religious country in the world. Four-fifths of Liberians identify themselves as Christian, while 10% of the population is Muslim. Religion is an important part of the lives of the majority of Liberians.

9. Afghanistan

Affiliation with religion: 100%

Weekly worship attendance: 61%

Percentage of people who pray daily: 96%

Perception of religion as very important: 92%

Score: 3.49

Afghanistan is located at the crossroads of South and Central Asia. The country has had a theocratic government since 2021. Approximately 99.7% of Afghanistan’s population is Muslim.

8. Indonesia

Affiliation with religion: 100%

Weekly worship attendance: 72%

Percentage of people who pray daily: 84%

Perception of religion as very important: 93%

Score: 3.49

Indonesia is the largest Muslim-majority country in the world. It is also the world’s fourth most populous country. 93% of Indonesians consider religion as ‘very important’. Indonesia is projected to be among the top five largest economies in the world by 2050.

7. Zambia

Affiliation with religion: 99%

Weekly worship attendance: 86%

Percentage of people who pray daily: 78%

Perception of religion as very important: 91%

Score: 3.54

95.5% of Zambia’s population is Christian. The southern African nation is one of the most religious countries in the world with 91% of the population regarding religion as very important in their lives. 86% of Zambians attend a weekly religious service, while 78% worship daily.

6. Mali

Affiliation with religion: 100%

Weekly worship attendance: 79%

Percentage of people who pray daily: 81%

Perception of religion as very important: 94%

Score: 3.54

Mali is a country in West Africa, where Muslims make up for nearly 95% of the overall population. It is one of the most religious countries in the world, with more than four-fifths of the population praying daily.

Click to continue reading and see the 5 Most Religious Countries in the World.

Suggested Article:

Disclosure: None. 20 Most Religious Countries in the World is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

China’s terrifying internet “Master Key”… and the one microcap that could stop them

In August 2024, news outlets around the world revealed one of the most shocking data breaches in recent history.

Approximately 2.9 billion records, including names, email addresses, phone numbers, mailing addresses, financial data and, distressingly, Social Security numbers, were stolen when Coral Springs, Florida, firm National Public Data (NPD) suffered a massive cyberattack. The company confirmed that the breach, which happened in December 2023, resulted in the potential leaks of data in the summer of 2024.

Nearly every day in the news, we hear about yet another damaging data breach or ransomware attack that puts valuable data — including yours — into the hands of hackers. And the number of attacks is soaring — up 30% year over year according to the latest numbers.

As bad as this is, it’s a day at the beach compared to what’s coming.

That’s because hostile nations across the globe — including Iran, North Korea, Russia and Communist China are going all-out to develop a breakthrough technology that will unlock what I call the “Master Key” to the Internet.

If they succeed in harnessing this groundbreaking “Master Key” technology, the consequences could be catastrophic.

Click to continue reading…