A new report explains why Scandinavians live so well, and why their passports are the most powerful.

Sergiy Trofimov/Getty Images

Scandinavians sure do know how to live well.

In that list, Sweden took home No.

A village on Lofoten Islands, Norway

A summer day in Reine, a small fishing village on Lofoten Islands in Norway.Credit:Sergiy Trofimov/Getty Images

1, Denmark in fourth, and Norway in eighth.

(Finland, a geographic neighbor to these countries but not technically in Scandinavia, came in at No.

3 in the GCS index and No.

Stockholm, Sweden skyline

The cityscape and skyline of Stockholm, Sweden.Johner Images/Getty Images

2 for quality of life.)

“We have prosperity and equity.

Those are countries that have very strong social welfare systems.”

Colorful houses in Copenhagen, Denmark

Residential street with colorful houses covered in blooming flowers in Copenhagen, Denmark.Alexander Spatari/Getty Images

These initiatives are primarily funded through taxation, which, yes, is high.

However, each nation also ensures that the wealthiest pay a larger sum, ensuring betterincome equality.

This equality extends to women in leadership as well.

Alexander Spatari/Getty Images

This fantastic quality of life extends into sustainability and access to nature.

“Scandinavian countries are also investing more in environmental leadership,” Sartoretto said.

“Denmark wants to reduce 70 percent of its emissions by 2023.”

And it’s not just those born in these nations who can utilize these services.