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Portugal climbs two places and is the third most peaceful country in the world

Portugal is in the top 3 of the most peaceful countries in the world. Leading the ranking is Iceland, which ranks first since 2008, followed by New Zealand.

Crime, terrorism, political stability and security. These are some of the decisive factors that help each year to establish the Global Peace Index (GPI). Data analysis of 163 independent countries and territories is done by the Institute for Economics and Peace (IEP), a think tank based in Sydney, Austrália.

Leading the ranking is Iceland, which ranks first since 2008, followed by New Zealand. Portugal has climbed two places and is currently the third most peaceful country in the world, says the Institute for Economics & Peace (IEP) report.

"Portugal moved to third place, the highest ranking since the index's inception, a notable improvement since it occupied 16 fewer positions five years ago," explains the IEP report, with improvements in 12 of the 23 indicators analyzed.

The IEP highlights the recovery of the Portuguese economy as a factor of stability. "Portugal closed the fiscal assistance program in 2014, although there is ongoing pressure from the EU to achieve fiscal consolidation. The budgetary restrictions have consequently led to a liquidation of military operations abroad, as well as the size and funding of the armed forces, "the report says

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