Who doesn’t look at travel photos on Instagram and fantasize about visiting the most beautiful country in the world? But what defines beauty? A new study from the website money.co.uk aims to rank the 50 most beautiful countries in the world by analyzing the amount of natural wonders in each location, from coral reefs and tropical rainforests to volcanoes, glaciers and more.

“While beauty is ultimately subjective, it’s clear that these countries have a lot to offer visitors, whether you prefer adventuring in the mountains or relaxing by the coast,” says Sal Haqqi, personal finance editor at money.co.uk.

Coming in at the top of the list as the most beautiful place on earth is Indonesia, which has a natural beauty score of 7.77 out of 10. Indonesia is home to more than 17,000 islands. “And just off the shores of these islands, you’ll find over 31,000 square miles of coral reef, teeming with life, much of which can be explored from the popular province of Bali,” says Haqqi.