Topping the list for the third year in a row: Canada. Sweden comes in second, one place up from last year and Switzerland is third, up from fourth last year. (Australia slipped from second to fourth place.)

What’s most notable is how far down the U.S. ranks: 22nd place, behind Brazil and just above Peru. Several European countries that continue to battle severe economic turmoil ranked above the U.S. again this year including Italy in 16th place, France in 17th, Spain in 18th and Portugal in 19th place.