I distance application in the ranking of Group 8 and European Union countries by level of development

Abstract According to the analyses published by international organizations, most developed countries are those from Group 8. The group of highly is in matter, which consists of: Japan, USA, Russia, Great Britain, Italy, Germany, France and Canada. goal work determine ranking list selected according level development 2021 based on a certain number macroeconomic factors. For purposes realizing formulated goal, I distance method was applied. A decision for comes fact that this model satisfies all conditions characteristic nature distance, is, multidimensional phenomenon development. Based 8 countries, United States America first place, followed France, Kingdom, Canada, Russian Federation Japan. Speaking about EU Netherlands has highest indicators, Ireland, Belgium, Spain, Poland, Sweden, Austria, Denmark, Czech Republic, Luxembourg etc. coming future will probably bring changes when it list. Changes can be expected due war events, demographic trends, technological achievements, generally replacement leading positions resources. Namely, adapt faster other energy sources as well more economical use existing ones, have role global scale.