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Money can't buy you happiness in Iceland

Families need decent wages in order to afford all the essentials. But high wages do not necessarily make families happy. There is no direct correlation between money and happiness, unless the family has real economic problems. The key to happiness is mainly spending time with family and friends.
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Happiness in the little things

Icelandic children playing freely in the park without parents worrying about kidnappings or other crime, points out happiness researcher Dóra Guðrún Guðmundsdóttir.

39 ways to measure happiness

Iceland wants to complement the traditional economical measures, such as GDP, to measure people´s wellbeing. A committee set up by the Prime Minister has surveyed what the general public thinks are the most important factors to make their lives better.

The committee has proposed a framework of 39 indicators that cover social, economic and environmental dimension of quality of life.

The indicators are linked to the UN Sustainable Development Goals, they are based on official statistics and allow for international comparison.

According to the survey, Icelander's views health  to be the most significant factor in quality of life. This was followed by relationships, housing  and making a living. 

Read the report here:

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