The UN has released its second annual World Happiness Report, which takes stock of happiness and well-being to help guide public policy.
The report ranks countries based on six key factors that contribute to well-being, including GDP per capita, healthy life expectancy, someone to count on, perceived freedom to make life choices, freedom from corruption, and generosity.
Denmark is the world’s happiest country and Australia just scrapes in to the top 10 list at number ten. I know I’m biased but I expected us to rank higher.
According to the report, happiness helps people live longer, have more productive lives, earn higher wages, and be better citizens in general.
Despite the ongoing economic woes in Europe, Scandinavian countries ranked favourably highlighting the divide between the various countries in the Eurozone.
And despite the obvious happiness impacts of the financial crisis of 2007-08, the report suggests the world has become a slightly happier and more generous place over the past five years.
The top 10 countries are:
Danish citizens enjoy the world’s highest social mobility and a high level of income equality.
Norway is frequently recognised for its prosperity and quality of life.
Boasting the highest wealth per adult of any country, Switzerland is also home to many international organisations.
4. The Netherlands
An OECD survey in 2011 ranked the Netherlands, which has been dubbed the world’s legal capital, as the happiest country.
In 2013, The Economist declared Sweden the best-governed nation.
Canada ranks highly in international measurements of education, government transparency, civil liberties, quality of life, and economic freedom.
In 2010, Newsweek magazine named Finland the “best country in the world”.
Austria lays claim to being one of the richest nations, as well as having a high standard of living.
This one surprised me but apparently Iceland is considered politically and economically stable in spite of its ongoing recovery from the 2008 banking crisis.
What can I say? Australia is one of the world’s best countries in terms of quality of life, health, education, economic freedom, and the protection of civil liberties and political rights. And it’s citizens are amongst the wealthiest in the world.
Here’s how the top 52 rank:
SUBSCRIBE & DON'T MISS A SINGLE EPISODE OF MICHAEL YARDNEY'S PODCAST
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
PREFER TO SUBSCRIBE VIA EMAIL?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.