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U.S. Ranks 10th In Global Prosperity Index

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President Barack Obama may need more Champagne, because things are not so rosy for majority of Americans. Photo Credit: Redif . 2 Nov 2011 21:31 Africa/Lagos U.S. Ranks 10th In Global Prosperity Index - Falls Behind China In Economic Rankings U.S. scores high on measures of public health and entrepreneurial environment but falls behind China in economic rankings LONDON, November 2, 2011/PRNewswire/ -- A new study ranks the U.S. 10th out of 110 countries in a worldwide assessment of wealth and quality of life. Norway, Denmark, and Australia lead the rankings. China improved on economic indicators - moving ahead of the U.S. for the first time - and places 52nd overall. The Legatum Prosperity Index(TM) ( http://www.prosperity.com) provides the world's only global assessment of national prosperity based on both wealth and well-being. The Index assesses 110 countries (accounting for over 93% of the world's population and 97% of the world's GDP) and ranks them based on their perf...