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The happiest countries for generation Z and millennials

by SuperiorInvest

Lithuania is the happiest country for Generation Z and millennials, according to the World Happiness Report 2024.

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 it also considers the following six variables in 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

The World Happiness Report ranked the happiest countries for people ages 30 and under, all considered Generation Z, born between 1981 and 1996, or millennials, born between 1997 and 2012, according to the Pew Research Center.

The final rankings of the happiest countries for those under 30 and those 60 and over are quite different. Lithuania ranked first in this ranking, but the country ranked 44th among those over 60 and was the 19th happiest country in the world, overall.

“Convergence between the two halves of Europe has been driven primarily by the growing happiness of young people,” the report states.

Lithuania is the happiest country for generation Z and millennials

Lithuania earned an overall score of 7.759 in the 2024 World Happiness Report. It has been steadily rising in the happiness rankings since 2017, when it ranked 52nd in the overall report, according to the Lithuanian National Radio and Television (LRT). .

Lithuania is the happiest country in the world for people under 30, according to the World Happiness Report.

Angel Villalba | Moment | fake images

According to the CIA World Factbook, 63.11% of the country's population is between 15 and 64 years old, while only 21.59% is 65 years old or older.

The cost of living in Lithuania is, on average, 32.2% lower than in the United States, according to Numbeo, and the estimated monthly costs for a single person are under $800, not including rent.

The country's capital, Vilnius, ranked highly in the Financial Times' European Cities and Regions of the Future 2023 ranking. It is also emerging as a hub for game industry developers and publishers.

Vilnius is home to 90 percent of the country's gaming sector companies, says LRT.

10 happiest countries for those under 30 years old

  1. Lithuania
  2. Israel
  3. Serbia
  4. Iceland
  5. Denmark
  6. Luxembourg
  7. Finland
  8. Romania
  9. The Netherlands
  10. Czechia

Israel ranked as the second happiest country for those under 30, with a score of 7,667, according to the World Happiness Report.

The country exceeds average in life satisfaction, social connections and health, according to the Organization for Economic Co-operation and Development (OECD) Better Living Index. Life expectancy at birth is 83 years, two years longer than the OECD average of 81.

Israel is one of the most technologically advanced countries in the world and includes cut diamonds and pharmaceuticals among its top exports, according to US News and World Report.

While the cost of living in Israel is, on average, only 7.9% lower than in the United States, rent is, on average, 30% lower than in the United States, according to Numbeo.

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