Which are the world’s happiest countries?

July 11, 2021 11:02 AM AEST | By Team Kalkine Media
 Which are the world’s happiest countries?
Image source: Art Stocker, Shutterstock

Summary

  • Countries with smaller populations are happier.
  • The top 20 ranks were almost identical to the previous year. Interestingly, life evaluation scores in the top 10 countries are more than twice those in the bottom 10.
  • Positive emotions matter more than the absence of negative emotions when measuring happiness and longevity, said the report.

The quality of the social environment determines our happiness and wellbeing, says the World Happiness Report 2020, a major survey on happiness quotient in 156 participating countries.

The report draws inspiration from the Bhutanese government’s resolution in June 2011 that emphasizes happiness and wellbeing to determine social and economic progress.

The report explores how the social environment affects happiness. For example, individuals who have higher interpersonal and institutional trust levels do better than others in adverse situations, like ill-health, family breakdown, unemployment, low income, and discrimination.

How social environment affects our happiness

The average national happiness is measured under six variables: GDP per capita, generosity, social support, life expectancy,  freedom to make life choices, and freedom from corruption, the report said. Furthermore, two key findings emerge from the study. First, the national average evaluation is affected by inequality of wellbeing. Secondly, a supportive social environment increases the life evaluation directly or indirectly and delivers good gains to those in despair.

But how do healthy life expectancy and income impact life evaluation? Freedom and generosity have a higher impact on the positive aspects. Also, the absence of corruption, social support, and freedom considerably reduce the negative effect, said the report. It found that sustained positive emotions are essential for a good life. Thus, positive emotions matter more than the absence of negative emotions when measuring happiness and longevity, according to the report.

Source: Pixabay.

Also Read: How covid is changing our fitness habits


World’s happiest countries score highly on social metrics

Finland retained the top spot as the world’s happiest country. It was way ahead of other countries in happiness score. Denmark increased its average happiness quotient and bagged second position. Switzerland, recording a higher happiness score, jumped to the third spot from sixth in the previous year. Iceland, Norway, and the Netherlands ranked fourth, fifth, and sixth, respectively.

The top 20 ranks were almost identical to the previous year. Interestingly, life evaluation scores in the top 10 countries are more than twice those in the bottom 10.

Another fascinating factor emerges from the survey is countries with smaller populations are happier. For instance, the living evaluation of people in South Asia is far below their counterparts in Europe. Population-increase negatively affects wellbeing.

Worry, anger, and sadness give rise to negativity. So, the ten countries that scored poorly on life evaluation experienced a combination of political, social, and economic stress. It was also observed that a robust social environment lowers happiness loss, and its absence can be devastating during a negative situation.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.