In the WHR’s first and landmark report, Denmark was named the happiest country in the world, followed closely by two other Scandinavian countries: Finland and Norway.What about Singapore? Perhaps to many Singaporeans’ surprise, Singapore has not been performing too badly at all as a nation when it comes to being satisfied with one’s life.
Back in the first WHR report in 2012, Singapore ranked 33rd globally, with an average life evaluation score of 6.5.For decades, happiness researchers like me have found consistent — and often causal — evidence across countries and time periods that people who are more satisfied with their life are, on average, more productive, less likely to quit their job, more trusting, more prosocial, healthier, and more likely to live longer.
On the other hand, we tend to feel worse about our life when other people like us — for example, those of the same gender, similar age group, and education level — earn more or progress faster in their career than we do. Yet, a simple tweak to the way we spend can help improve how much each dollar can buy us in terms of happiness.
This can be done by collecting and analysing well-being data of our own, which is something many government agencies such as the United Kingdom’s Office of National Statistics and the Organisation for Economic Co-operation and Development have been doing over the last decade.
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