Denmark ranked fourth best country to live in

Improved placing sees it overtake Sweden, but still lag three places behind Norway

According to the 2014 Prosperity Index from the British think-tank Legatum Institute, Denmark is the fourth best country in the world to live in.

Denmark moved up two spots in the rankings from last year's sixth place, and its high placement is particularly buoyed by a second-place finish in the entrepreneurship and opportunity category and three third-place finishes for governance, education and social capital.

Denmark fared poorest for economy (18th) and health (13th), although both improved on last year.

READ MORE: Denmark is fifth most expensive country in the world

Norway top again
Norway finished top of the index (here in English), followed by Switzerland and New Zealand, while Denmark and Canada rounded up the top five.

Sweden, Australia, Finland, the Netherlands and the US completed the top 10, while Iceland (11), the UK (13), Germany (14), Japan (19), South Korea (25), China (54) and Russia (68) finished further down.

The Central African Republic, Chad, the Democratic Republic of Congo, Burundi and Yemen finished bottom of the 142-nation rankings.