World’s most economically stable countries: Which nation is on top? US not even in top 10, India, Pakistan are at…

From medieval times to the Renaissance, warfare, and conflict have been a continuous occurrence. Recently, the world has witnessed the conflict between Israel and Gaza, Russia and Ukraine, Afghanistan, and Pakistan, India and Pakistan, and even tensions with China and Taiwan remain stubbornly sustained. Such wars and conflicts create widespread destruction. Large numbers of buildings are destroyed, people are displaced from their homes, and the number of deaths cannot even be realistically estimated. The scarcity of food and inflation also became a part of it. In the end, these wars and conflicts stifle global peace, development, and stability, all while inflicting long-lasting wounds on human societies and their infrastructures.

World’s most economically stable countries: Which nation is on top?

Conflicts and instability have a profound effect on the overall economy of a country. Economic stability represents a country’s capacity to generate growth without inflation, maintain employment, and absorb shocks from the rest of the world (whether they are wars, pandemics, or financial calamities).

According to U.S. News & World Report, the top ten most economically stable countries have strong financial systems, low debt levels, and resilient economies. The UAE tops the list, while India ranks 47. Notably, no Asian country is in the top ten, while the United States is ranked 13th.

Where do India, Pakistan stand at the World’s most economically stable countries?

  • With a GDP of $504 billion and a population of 9.52 million, the United Arab Emirates tops the Most Economically Stable Countries list.
  • With a GDP of $885 billion and a population of 8.85 million, Switzerland ranks second in the Most Economically Stable Countries list. According to the CIA World Factbook, Switzerland has low unemployment, a skilled labor force.
  • After Switzerland, the next country that secured the third position in the Most Economically Stable Countries list is Germany. It has a GDP of $4.46 trillion and a population of 84.5 million.
  • After Germany, the next country that secured the fourth position in the Most Economically Stable Countries list is Canada. It has a GDP of $2.14 trillion and a population of 40.1 million.
  • Japan has secured the fifth position in the Most Economically Stable Countries list. It has a GDP of $4.21 trillion and a population of 125 million.
  • Australia has secured the sixth position in the Most Economically Stable Countries list. It has a GDP of $1.72 trillion and a population of 26.6 million.
  • Sweden has secured the seventh position in the Most Economically Stable Countries list. It has a GDP of $593 billion and a population of 10.5 million.
  • Denmark has secured the eighth position in the Most Economically Stable Countries list. It has a GDP of $404 billion and a population of 5.95 million.
  • Netherlands has secured the ninth position in the Most Economically Stable Countries list. It has a GDP of $1.12 trillion and a population of 17.9 million. The Netherlands is a global trade hub, mainly focused in agriculture, logistics, and finance. Its GDP is close to $1.2 trillion with high efficiency and a digital economy.
  • Saudi Arabia, supported by abundant oil reserves, is seeking to diversify with Vision 2030. It has an approximate GDP of more than $1.1 trillion and is heavily investing in infrastructure and tourism. Saudi Arabia has secured the tenth position in the Most Economically Stable Countries list. It has a GDP of $1.07 trillion and a population of 36.9 million.
  • India has secured the 47th position in the Most Economically Stable Countries list. It has a GDP of $3.55 trillion and a population of 1.43 billion. Moreover Pakistan is not in the list.

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