HomeNewsSingapore is the happiest nation in Asia: World Happiness Report 2024

Singapore is the happiest nation in Asia: World Happiness Report 2024

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Singapore is the happiest nation in Asia in keeping with the 2024 World Happiness Report.

Matthew Ng | E+ | Getty Photographs

Singapore is the happiest nation in Asia for the second 12 months in a row, in keeping with the 2024 World Happiness Report launched Wednesday.

Town-state ranked 30 out of the 143 locations surveyed for the research.

Topping the checklist this 12 months is Finland, adopted carefully by Denmark and Iceland.

The World Happiness Report is a joint effort from a few of the world’s main researchers and wellbeing scientists. The happiness rating on this research is supported by knowledge from the Gallup World Ballot which measures people’ common life evaluations, taken over three years from 2021 to 2023.

The highest 10 happiness rankings in Asia:

  1. Singapore
  2. Taiwan
  3. Japan
  4. South Korea
  5. Philippines
  6. Vietnam
  7. Thailand
  8. Malaysia
  9. China
  10. Mongolia

Consultants additionally analyzed knowledge in six key elements: GDP per capita, wholesome life expectancy, social assist, freedom, generosity and notion of corruption. Their analysis into these areas offered deeper perception and potential explanations for the subjective high quality of life rankings folks gave.

“These elements assist to elucidate the variations throughout nations, whereas the rankings themselves are based mostly solely on the solutions folks give when requested to charge their very own lives,” in keeping with a press release by the World Happiness Report.

The information gathered for the six elements got here from organizations just like the World Financial institution, the World Well being Group and the Gallup World Ballot.

“Singapore did very effectively by way of GDP per capita, one of many highest rating in our dataset,” Shun Wang, co-author and editor of the 2024 World Happiness Report informed CNBC Make It.

Singapore can also be excellent by way of its notion of corruption… lowest amongst all nations in our knowledge.

Shun Wang

Co-author and editor, 2024 World Happiness Report

“Meaning Singapore’s authorities is absolutely clear and their folks actually have a really low notion of corruption … even decrease, you understand, than Denmark or Norway,” Wang added.

Denmark and Norway ranked 2nd and seventh, respectively, on this 12 months’s report.

Moreover, Singapore “does significantly effectively on producing wholesome life expectancy, so lengthy lives and wholesome lives,” in keeping with Jan-Emmanuel De Neve, Director of the Wellbeing Analysis Centre at Oxford College and editor of the 2024 World Happiness Report.

Regardless of this, Singapore ranks decrease by way of its perceived social assist, freedom to make life selections, and generosity.

“Singapore is punching beneath its weight,” mentioned De Neve. “Given all the target indicators about Singapore, you’d anticipate Singapore to be within the prime 20 of the World Happiness Report.”

“I might like to problem the Singaporean authorities and the folks of Singapore to seek out methods to leverage the extraordinary city-state that they’ve created into methods of enhancing high quality of life as folks expertise it,” De Neve mentioned.

CNBC reached out to the Singapore authorities for remark, however didn’t instantly hear again.

Myanmar, Cambodia, India, Sri Lanka and Bangladesh are amongst Asia’s least pleased nations, in keeping with the report.

India, the world’s most populous nation, got here in at 126th out of 143 locations surveyed.

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