Melbourne: Finland has been named "Best Country In The World’.
The most sparsely populated country in Europe is celebrating after being given the title by Newsweek magazine.
The country was honoured with the prestigious awarded by a panel of economists and social policy experts.
Several countries were measured countries according to education, health, quality of life, economic competitiveness and political environment.
Finland beat Australia, in fourth place, the US, in 11th place and Britain, which came in 14th.
“We are thrilled,” The Daily Telegraph quoted Finland’s Foreign Minister Alexander Stubb said.
“A lot of people probably knew Finland was one of the most competitive countries in the world. A lot know we have a high ranked education system. But the fact that Newsweek gave us the best rank overall is cause to have a couple of pints,” he added.