28 Aug 2024
Are you wondering which country will keep you the happiest once you migrate from your home country? Any expat considers factors like employment rate, accommodation, and services to make online money transfer, and of course, happiness index before relocating to a certain country. Each year, the Gallup World Poll collects data from several sources to determine which nations are the happiest worldwide.
It goes without saying that determining general happiness is a difficult task. However, the World Happiness Report does this by collecting information on life evaluation to award a score to every country surveyed.
Finland has the highest level of happiness in the world, scoring 7.842 out of a possible 10. This is attributed to Finland's top position to its people's strong sense of fellowship and trust amongst themselves, but more significantly, to their ability to help the nation as a whole. Furthermore, Finlanders have a 100% literacy rate with good job prospects and high salaries.
Denmark is ranked as the second happiest country in the world with a score of 7.620. Finland's and Denmark's values for several factors like literacy, clean water, salaries, are quite familiar.
In some areas, such as GDP per capita, generosity, and the perception of less corruption, Denmark is poised to surpass the top spot.
Switzerland had a total score of 7.571 out of 10, placing it third in the world for happiness. Swiss people have some of the best health conditions worldwide, with one of the lowest rates of obesity along with one of the longest life expectancies. In addition, the GDP per capita of the Swiss is the greatest among the top ten, and their median wage is around much greater than that of the US. Switzerland also has a strong sense of community and a strong perception that it is a clean and safe country.
Iceland has a total score of 7.554, making it the fourth happiest nation in the world. Among the seven happiest countries in the world, Iceland had the strongest sense of social support, surpassing Finland, Norway, and Denmark for second place. It also has the second-highest generosity score among the top ten.
The Netherlands, or Holland to many tulip enthusiasts, has surpassed Norway to become the world's fifth happiest country. The Netherlands demonstrated an exceptional lack of perceived corruption in addition to scoring higher than any other top-ten nation in the generosity category. 75,000 expats reside in the Netherlands and earn money to send money to their home countries to boost their economies as well.
Sixth place goes to the wonderful Norway. Norway residents believe their government is providing good care because of free college tuition and universal healthcare. Not only do Norwegians maintain a healthy work-life balance, but they also work an average of 38 hours a week compared to 41.5 hours in the US. Together with several of the top ten, Norway boasts a strong sense of community among its population and a low crime rate.
Seventh position goes to the great country of Sweden. Sweden is among the top-ranked countries in almost all categories. For instance, Sweden ranks 14th out of 149 countries in terms of GDP per capita, has the fourth-highest life expectancy among the top seven, and outperforms all other countries, with the exception of Finland and Denmark, in terms of corruption score.
The reason for this country making it to the list is New Zealand's dedication to individual freedom, which is demonstrated by laws that strictly regulate firearms, decriminalize abortion, and permit same-sex interactions. In order to encourage pleasure and well-being, these rules foster a sense of safety and security.
With a World Happiness Report score of 7.122, Luxembourg ranks as the eighth happiest nation on Earth in 2024. Situated amidst Germany, Belgium, and France, Luxembourg is a landlocked country surrounded by these three countries. With a population of only 655,112 (UN), the small nation is the smallest on this list in terms of total area, measuring only 2,586 km³.
Last but not the least is Australia. This country is the hub of expats with more than 8.2 million expats from different countries who send money online back to their home countries for their loved ones. Australia is a friendly nation and offers good employment, high salaries, and access to nature which promotes happiness amongst its residents.
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These were the top countries with high happiness index. Moving to one of these countries could be the best decision of your life. You can rely on ACE Money Transfer for affordable service for money transfer while you enjoy the peaceful expat life in the new country.
The rankings are based on life evaluation scores, which include GDP per capita, social support, life expectancy, freedom to make life choices, generosity, and perceptions of corruption.
While income levels contribute to happiness, social support, freedom, and health are also significant factors.
Yes, many of these countries attract a high number of immigrants due to their high quality of life and robust social support systems.
Policies promoting work-life balance, free or affordable healthcare, education, and social welfare contribute to higher happiness levels.
Visitors often experience high levels of satisfaction due to the countries' overall quality of life, hospitality, and amenities available to both residents and non-residents.
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