The best country in the world has been revealed as Germany, according to a new report.

Canada, the United Kingdom and the United States came in second, third and fourth, respectively, in the inaugural Best Countries report released on Wednesday at the annual World Economic Forum in Davos, Switzerland.

The report looked at 60 nations across the world and based the rankings on factors including sustainability, adventure, cultural influence, entrepreneurship and economic influence.

The United States ranked fourth on the Best Countries list. It was also named the most powerful country in the report.

China came in seventeenth in the report, which factored in sustainability, adventure, cultural influence, entrepreneurship and economic influence.

1. Germany

2. Canada

3. United Kingdom

4. United States

5. Sweden

6. Australia

7. Japan

8. France

9. Netherlands

10. Denmark