In a rapidly greying world, the Global AgeWatch Index -- the first of its kind -- found that Sweden, known for its generous welfare state, followed by Norway and Germany were best equipped to deal with the challenges of an ageing population.
How countries care for their senior citizens will become increasingly important as the number of people over the age of 60 is set to soar from some 809 million today to more than two billion by 2050 -- when they will account for more than one in five people on the planet, the report said.
The survey ranked many African and South Asian countries as the worst places to be retired, with Tanzania, Pakistan and Afghanistan rounding out the bottom three.
The index was compiled by the HelpAge International advocacy group and the UN Population Fund in a bid to provide much-needed data on ageing populations worldwide.
It ranked the social and economic wellbeing of the elderly in 91 countries, by comparing data from the World Health Organisation and other global agencies on older people's incomes, health, education, employment and their environments.
Bolivia, which offers free healthcare to its older citizens despite being one of the poorest surveyed countries, and Sri Lanka, with its long-term investments in health and education, were among those singled out for praise.
The emerging economies of Brazil and China ranked 31st and 35th in the survey, while South Africa, India and Russia came in much lower at 65, 73 and 78 respectively.
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