Kenya is the 109th most prosperous country in the world, according to the Legatum Institute’s prosperity index, a position up from 116nth in 2013. The Legatum Prosperity Index analyses and ranks 142 countries across the globe, measuring around 89 variables namely a country’s:
- Level of entrepreneurship and opportunity;
- Safety and security;
- Personal freedom; and
- Social capital.
Legatum says its index is the only global measurement of prosperity based on both income and well-being.
Norway is the most prosperous country with strong economy and high satisfaction by the citizens. While sub-Saharan Africa showed the biggest positive regional changes in the world, it is still the place with the lowest prosperity rankings.
Three African countries – CAR, Chad and the DRC – were ranked as the least prosperous nations in the world, respectively.