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Finland is the happiest country.

by SuperiorInvest

For the seventh consecutive year, Finland has achieved first place in the World Happiness Report's annual ranking of the happiest countries in the world.

Countries are ranked based on self-assessed life evaluations and responses to the Cantril ladder question that Ask respondents to think of a scale in which the best possible life for them is a 10 and the worst is a zero, and then rate their current lives on that scale.

The Oxford University Wellbeing Research Centre, which publishes the report, says that in addition to using the Cantril ladder question, the report also considers the following six variables across the more than 130 countries ranked in the report:

  1. GDP per capita
  2. Social support
  3. Healthy life expectancy
  4. Freedom
  5. Generosity
  6. Freedom from corruption

While the top ten countries on the list remain largely unchanged this year, the top 20 saw a little more action. Costa Rica and Kuwait jumped to 12th and 13th, respectively, while the United States and Germany fell completely out of the top 20. The United States fell from 15th to 23rd this year.

Of the ten happiest countries, only the Netherlands and Australia have populations of more than 15 million, and of the top 20, only Canada and the United Kingdom have populations of more than 30 million.

Number 1 happiest country in the world: Finland

Finland ranked first on the list with a score of 7.741. According to Frank Martela, a Finnish philosopher and psychology researcher, Finns are happy because they have a strong sense of community and relationship, do good deeds for other people, and find a clear purpose for themselves.

Finland is considered the happiest country in the world, according to The World Happiness Report.

Lingxiao Xie | Moment | fake images

“It would be more accurate to say that Finland is the country that has the least unhappy people in the world,” Martela tells CNBC Make It.

Finland outperforms the average country in education, work-life balance, environmental quality, social connections, safety and life satisfaction, according to the Organization for Economic Co-operation and Development (OECD) Better Living Index.

Life expectancy at birth in Finland is around 82 years, 85 for women and 79 for men.

The strong sense of community of the Finnish people is further demonstrated by the OECD Better Living Index, which states that 96% of people believe they know someone they can rely on in their time of need.

The 10 happiest countries in the world

  1. Finland
  2. Denmark
  3. Iceland
  4. Sweden
  5. Israel
  6. Netherlands
  7. Norway
  8. Luxembourg
  9. Swiss
  10. Australia

Denmark ranked as the second happiest country in the world, according to the World Happiness Report 2024.

Klaus Vedfelt | Digital vision | fake images

Denmark ranked number 2 on the list with a score of 7,583.

The country's high ranking is due in part to its level of equality and sense of responsibility for social well-being, according to the country's official website. These are two things that are closely linked to happiness, according to the World Happiness Report.

While some might point out that people in Denmark pay some of the highest taxes in the world (up to half of their income), this is offset by the fact that most healthcare in the country is free, Childcare is subsidized, university students pay no tuition and receive scholarships to help cover expenses while studying. Older people receive pensions and have helpers to care for them.

According to the OECD Better Living Index, the Nordic country performs above average in employment, education, health, environmental quality, social connections, civic engagement and life satisfaction. Denmark is a founding member of the OECD and NATO.

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