Economics Trivia

2023 Global Peace Index

  • The 17th edition of the Global Peace Index (GPI) was released, assessing 163 autonomous states and territories based on their level of peace.
  • Since May 2009, the Institute for Economics and Peace (IEP) has been releasing reports.
  • Coverage is extensive: The GPI encompasses 163 countries, accounting for 99.7% of the world’s population, and employs 23 qualitative and quantitative variables derived from reliable sources.
  • Three Domains of Peace: The index examines three aspects of peace: societal safety and security, ongoing domestic and international conflict, and militarization. These domains provide a comprehensive knowledge of a country’s peace.

Highlights and Rankings

  • Most Peaceful Countries: Since 2008, Iceland has held the title of most peaceful country, followed by Denmark, Ireland, New Zealand, and Austria.
  • Afghanistan is the least peaceful country for the ninth year in a row, followed by Yemen, Syria, South Sudan, and the Democratic Republic of the Congo.
  • India’s Position: India has risen two places to 126th in the standings. Its peacefulness improved by 3.5%, owing to decreases in violent crime, stronger relations with neighbouring nations, and lower political instability.
  • Nepal, China, Sri Lanka, the United States, and Pakistan are placed 79, 80, 107, 131, and 146, respectively.

Trends in Global Peace

  • Overall Deterioration: According to the 2023 study, the average level of worldwide peacefulness has declined by 0.42%. This is the thirteenth decline in the last fifteen years.
  • Improvements and Deteriorations: In 2022, 84 countries improved their peacefulness, while 79 countries deteriorated.
  • Long-term Perspective: Over the last fifteen years, the global average score of peacefulness has fallen by 5%, showing a global drop in peace.
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