In the previous edition, the country ranked seventh and this year it came in 11th place.

This year, Chile failed to make it into the Top 10 in the ranking prepared by the British magazine The Economist on the performance of the economies of the member countries of the Organisation for Economic Co-operation and Development (OECD).

In the previous edition, the southern country ranked seventh and this year it came in 11th place.

Spain topped the list of the best economy among OECD member countries, with Estonia coming in last.

The Spanish economy - highlighted the EFE Agency - stood out in the five parameters considered by the weekly - based on its own data, that of the OECD and the International Monetary Fund (IMF) - which are the gross domestic product (GDP); stock market performance; underlying inflation; unemployment and the public deficit.

After Spain, Ireland, Denmark, Greece and Italy were included in the ranking of 37 countries. According to The Economist , the latter two are responsible for the economic recovery in southern Europe.

Colombia ranked sixth on the list, ahead of Israel; Mexico ranked 16th; the United States ranked 20th; Germany ranked 23rd; Japan ranked 25th (just ahead of France); the United Kingdom ranked 31st; and Turkey ranked 35th.

The Economist noted that, in contrast to the advance of southern Europeans, traditional powers in the north of the continent such as Germany and the United Kingdom “have disappointed”, while the Baltic duo formed by Latvia and Estonia are in last place as in 2022.

"In Spain, annual GDP growth is on track to exceed 3%, driven by a solid labor market and high levels of immigration, which mechanically increase economic production," the magazine said, according to Agencia EFE .

The Economist noted that, despite differences between countries, the global economy “has once again performed well in 2024,” with the IMF forecasting a 3.2% increase in gross domestic product (GDP), a moderation in inflation and good job growth.