Are Wealthy Countries Happier than Poor Countries?

The factors that contribute to Happiness are as subjective and specific as the billions of humans they influence, but a few have continued to resonate over time. Family. Love. Purpose. Wealth. The first three examples are tough to measure, but the latter can be analyzed in a data-driven way.

Data visualization showing the relationship between wealth and happiness around the world
  • While the results don’t definitively point to wealth contributing to Happiness, there is a strong correlation across the board. The world’s poorest countries have the lowest happiness scores, and the wealthiest report being the happiest. 
  • In Latin America, people self-report more Happiness than the trend. On the flip side, many nations in the Middle East report slightly less Happiness than levels of wealth would predict. 
  • Does Happiness change with income inequality? Countries with lower income inequality (mostly Scandinavian and Baltics) also report more Happiness. African countries with high income inequality were the most unhappy. 

Read More Here: Courtesy:  Visual Capitalist