In the material wellbeing sub-index of the Global Retirement Index, Norway scores the highest with an index score of 84 percent. Slovenia and Iceland both follow with scores of 83 percent, then Czechia comes in at 82 percent. Norway tops the Retirement Index, an index which measures the quality and security for pensioners.
Material wellbeing sub-index in the Global Retirement Index 2023
Natixis adds the following information about the Global retirement Index:
The Global Retirement Index (GRI) is a multi-dimensional index developed by Natixis Investment Managers and CoreData Research to examine the factors driving retirement security and to provide a comparison tool for best practices in retirement policy. The GRI is a composite welfare index which combines 18 target-oriented indicators, grouped into four thematic sub-indices. The four sub-indices cover four relevant considerations for welfare in old age.
The index includes International Monetary Fund (IMF) advanced economies, members of the Organization for Economic Cooperation and Development (OECD) and the BRIC countries (Brazil, Russia, India and China). The researchers calculated a mean score in each category and combined the category scores for a final overall ranking of the 44 nations studied.
The
Material Wellbeing sub-index is based on
performance across three indicators:
income equality, income per capita and
unemployment.
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Natixis Investment Managers. (September 13, 2023). Material wellbeing sub-index in the Global Retirement Index 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1337078/global-retirement-index-material-wellbeing/
Natixis Investment Managers. "Material wellbeing sub-index in the Global Retirement Index 2023." Chart. September 13, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1337078/global-retirement-index-material-wellbeing/
Natixis Investment Managers. (2023). Material wellbeing sub-index in the Global Retirement Index 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1337078/global-retirement-index-material-wellbeing/
Natixis Investment Managers. "Material Wellbeing Sub-index in The Global Retirement Index 2023." Statista, Statista Inc., 13 Sep 2023, https://www.statista.com/statistics/1337078/global-retirement-index-material-wellbeing/
Natixis Investment Managers, Material wellbeing sub-index in the Global Retirement Index 2023 Statista, https://www.statista.com/statistics/1337078/global-retirement-index-material-wellbeing/ (last visited December 22, 2024)
Material wellbeing sub-index in the Global Retirement Index 2023 [Graph], Natixis Investment Managers, September 13, 2023. [Online]. Available: https://www.statista.com/statistics/1337078/global-retirement-index-material-wellbeing/