Factors analysed in the latter category, and which were listed as some of New Zealand's 'weaknesses' in an interactive graphic of the EIU's report, included social security expenditure on health and the availability of hospices and palliative care services per million population over 65.
The index, the first of its kind, was commissioned by the philanthropic Singapore-based Lien Foundation.
Foundation CEO Lee Poh Wah said the organisation had been surprised to find there was no international benchmark on how well countries cared for their dying.
"The way a nation cares for its weakest and most vulnerable is the mark of its soul. How it cares for the dying is a measure of the society's advancement and enlightenment," he said.
"We wanted a global comparison of how different countries deal with this universal issue."
One of the findings which can be gleaned from the report is that a country's prosperity does not necessarily equate to better end-of-life care.
Wealthy Asian nations Hong Kong and Japan managed only 20th and 23rd respectively.
More important, it would appear, is the provision of a national palliative care strategy and the extent to which is integrated into a country's healthcare and medical education policies.
The top three countries on the index (the United Kingdom, Australia and New Zealand) all also scored well in the category which looked at the availability of end-of-life care.
In New Zealand's case, the availability of volunteer workers for end-of-life support and the fact we have a Government-led national palliative care strategy were listed as 'strengths' on the interactive graphic of the report.