The Happiness Index of a Country

  • Nimarta Kaur

Abstract

The Kingdom of Bhutan was the nation which coined and defined the term Happiness Index and replaced their gross domestic product with gross national happiness or GNH as their indicator for economic growth. They started measuring their country’s growth using happiness as a factor rather than focusing on wealth, comfort and economic growth. Among various parameters used to measure the happiness quotient of a country, the psychological well-being of individuals is considered to be a primary factor. Different factors like the education system, living standards and others are used to measure the happiness index. Schools help in forming a child’s psychological and physical well-being from a young age. According to the World Economic Forum, Finland again topped the charts in the world happiness report 2019 with Denmark and Norway following it. The country’s (Finland) happiness index and education system go hand in hand as it was declared as the country with the best education system in the world by the World Economic Forum in 2018. This research is being conducted to understand these factors and how they impact a country’s happiness index by impacting the psychological mindset of the citizens.

Published
2020-05-26
How to Cite
Nimarta Kaur. (2020). The Happiness Index of a Country. International Journal of Advanced Science and Technology, 29(6s), 3366 -. Retrieved from http://sersc.org/journals/index.php/IJAST/article/view/22402