Global prosperity: Morocco ranks 8th in Africa
For the first time, the HelloSafe Prosperity Index 2024 unveils a new way of measuring the global well-being of nations, taking into account not only economic indicators such as GDP and GNP, but also social and environmental dimensions. The index assesses the prosperity of 186 countries, highlighting inequalities between regions. Through in-depth analysis, it enables nations from Morocco to Europe to be ranked according to economic, social, and environmental criteria, providing valuable insight into the global challenges of tomorrow.
The index is based on six key criteria: GDP per capita, gross national income (GNI) per capita, gross national savings rate, Human Development Index (HDI), Gini coefficient , and poverty rate. These indicators are weighted to provide a comprehensive and nuanced assessment of people’s well-being, beyond economic figures alone. HelloSafe Prosperity Index 2024 reveals that the world’s most prosperous countries are largely concentrated in Europe, with Luxembourg, Norway and Ireland dominating the top three places. Luxembourg leads the way with an impressive score of 86.2, closely followed by Norway (85.1) and Ireland (84.7). These nations are characterized by stable economies, high income equality and excellent human development. While Northern and Western Europe are largely represented in the top 20, there are also some notable exceptions, such as Qatar and Singapore, in the 4th and 5th place respectively, which stand out for their dynamic economies and modern infrastructures.
The USA (18th) and Canada (19th), two major economic powers, also feature among the high-prosperity countries, but their score is lower than that of some Northern European or Asian countries. This difference is explained by significant income inequalities.
In Africa, Morocco stands out with its relatively high score of 30.02, placing it in the 8th position in the continental ranking. This result underlines the progress made by the country in terms of economic development, improved infrastructure and access to basic social services. Morocco’s relative prosperity can be attributed to more stable management of its natural resources and economic policies aimed at modernizing the country. Nevertheless, Morocco still faces major challenges, particularly in terms of economic inequality and poverty reduction.
Radia LAHLOU
