In the Global Creativity Index 2011 by Martin Prosperity Institute, Sweden was ranked in top. USA, Finland, Denmark and Australia was placed 2-5.

The study by the Martin Prosperity Institute ranks 82 countries on their creativity. It turns out that creativity is a driving force in the economy: the study found great correlations between creativity and economic progress, human development, and happiness, among other factors.

Each country in the study is given a Global Creativity Index (GCI), which is based on three human factors:  How technologically savvy are they? How capable is their workforce? And how open are they to new ideas?

The GCI also assesses the prospects for sustainable prosperity according to a combination of underlying economic, social, and cultural factors. The 3 Ts of economic development—Technology, Talent, and Tolerance. It also compares the GCI to a series of other metrics of competitiveness and prosperity—from conventional measures of economic growth to alternative measures of economic equality, human development, and happiness and well-being.

Report: Creativity and Prosperity: The Global Creativity Index 2011