Economics and security are closely connected. A strong economy and safe citizenry each enables the improvement of the other.

The World Economic Forum takes a nation’s security into account for its annual “Global Competitiveness Report,” focusing on the threats that organized crime, terrorism, homicide rates, and reliability of its police force can pose to a nation’s place in the global economy.

The US ranks as the 56th most secure country in the world, falling just short of China at 55.

Here are the top 20 safest countries in the world, according to the forum’s October 16, 2018, report:

20. Canada

Foto: Three moose roam near Peace River, British Columbia, Canada.sourcetuchodi/Flickr/Attribution license

19. Bahrain

Foto: Sakhir Palace, Bahrain during a recent visit by US Secretary of Defense Mattis.sourceLisa Ferdinando/DoD photo

18. Spain

Foto: Skyline of Zaragoza, Spain, in January 2015.sourceGregorio Puga Bailon/Flickr/Attribution license

17. The Netherlands

Foto: Known as the Venice of the Netherlands, Giethoorn is navigable only by canal.sourceScreenshot from YouTube.

16. Australia

Foto: Fireworks erupt over the Sydney Harbour Bridge and Opera House during New Year’s Eve celebrations on January 1, 2018.sourceBrett Hemmings/Getty

15. Qatar

Foto: A view of the mosque at dusk in Doha, Qatar.sourceChristof Koepsel/Getty

14. Estonia

Foto: View of the city’s main gates in Tallinn, Estonia.sourceJordan Mansfield/Getty

13. Austria

Foto: Alpine dairy Alpe Albona in the Vorarlberg mountain range near Bludenz, Austria.sourceJohannes Simon/Getty

12. Portugal.

Foto: View of the city center from Sao Jorge castle in Lisbon, Portugal.sourceSean Gallup/Getty

11. Norway

Foto: View of the Aurora Borealis, or northern lights, near Tromso, Norway.sourceDean Mouhtaropoulos/Getty

10. Japan

Foto: Participants in Heian period dress parade through Kyoto Imperial Palace during the Aoi festival in May 2018.sourceCarl Court/Getty

9. United Arab Emirates.

Foto: The sun sets behind skyline in Dubai, United Arab Emirates.sourceChristopher Furlong/Getty

8. Hong Kong

Foto: The symphony of Lights laser show over Victoria Harbour on December 1, 2017. The show begins at 8 p.m. every night.sourceAnthony Kwan/Getty for Hong Kong Tourism Board

7. Luxembourg.

Foto: Luxembourg city.sourceHannelore Foerster/Getty

6. New Zealand.

Foto: Riders take in the scenery at Blue Mountain Station in Fairlie, New Zealand.sourceFiona Goodall/Getty

5. Switzerland

Foto: The 15th- and 16th-century houses in Rheinsprung Street, in Basel, Switzerland.sourceSean Gallup/Getty

4. Oman

Foto: A view of the skyline in Muscat, Oman.sourceChris Jackson/Getty

3. Iceland

Foto: A rainbow forms near Skogafoss waterfall in southern Iceland.sourceMaja Hitij/Bongarts/Getty

(Though we hear it’s fresh out of beer)

2. Singapore

Foto: People watch as Supertree structures light up at the Gardens by the Bay in Singapore.sourceWong Maye E/Associated Press

The world’s safest country: Finland

Foto: Visitors gather outside of Santa’s office at Santa Claus Village on the Arctic Circle near Rovaniemi Finland.sourceTony Lewis/Getty

NOW WATCH: ‘Tourists are sleeping in glass igloos at a hotel in Finland to watch the Northern Lights in its full glory’ >>