Switzerland named the best country in the world — Here’s where the US ranks

The U.S. was also ranked as the most powerful country in the world

Switzerland has continued its reign as the world’s best country, according to a new report.

On Wednesday, U.S. News & World Report -- along with BAV Group and the Wharton School of the University of Pennsylvania -- published the results of its Best Countries ranking for 2020.

For the fourth year in a row, Switzerland took the top spot on the list.

The report surveyed more than 20,000 business leaders, middle-class and higher people with a college education, and citizens representative of their country, according to a press release.

TRUMP TOUTS US-CHINA PHASE ONE TRADE DEAL AS ‘LANDMARK AGREEMENT’

The survey analyzed perceptions of 73 nations on a variety of topics including economic influence, military power, education and quality of life, the release said.

Switzerland was named the best country in the world for the fourth year in a row by U.S. News & World Report. 

"The goal of the Best Countries report is to understand how global perceptions are related to investment, foreign trade and tourism of a nation," David Reibstein, professor of marketing at the Wharton School, said in a statement.

AMERICANS SPEND THIS MUCH ON FOOD AND TRANSPORTATION -- BUT THERE’S A SMART WAY TO SAVE

The survey also looked at how people perceived human rights, diversity, sustainability and trustworthiness in the countries.

Aside from the overall ranking of best country, the report also found the best countries within nine other categories including: “Adventure,” “Citizenship,” “Cultural Influence,” “Entrepreneurship,” “Heritage,” “Movers,” “Open for Business,” “Power” and “Quality of Life.”

The U.S. was named as the most powerful country in the world. The Capitol is pictured in Washington, D.C. (AP Photo/J. Scott Applewhite, File)

The U.S. made the top of the “Power” list and third place on the “Entrepreneurship” list.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

To see how the U.S. ranked in the overall list, here are the 10 best countries in the world, according to U.S. News & World Report.

10. Norway

9. Netherlands

8. Sweden

7. United States

6. United Kingdom

5. Australia

4. Germany

3. Japan

2. Canada

1. Switzerland

CLICK HERE TO READ MORE ON FOX BUSINESS