The 2009 Legatum Prosperity Index Table Rankings

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(CC) taivasalla/Flickr

(CC) taivasalla/Flickr

Finland is the world’s most prosperous country in financial terms and in terms of the quality of its democratic and bureaucratic institutions, according to the Legatum Prosperity Index. Finland is followed by Switzerland and Sweden in second and third place, respectively while Spain was ranked 19th.

The annual ranking developed by the Legatum Institute, a privately-funded London-based think-tank, ranks 104 countries (covering 90 percent of the world’s population), based on a definition of prosperity that combines economic growth and measures of happiness and quality of life.

You can view the complete ranking here.