Whoever stated “cash cannot purchase happiness” will need to have by no means lived in Luxembourg.
In June, Casinova launched the findings of its research figuring out the nations the place cash actually should purchase happiness. To search out the reply, the crew analyzed the GDP of greater than 45 nations with the best gross home product (GDP) on the planet, evaluating GDP per capita to the nation’s happiness rating within the 2025 World Happiness Report, together with its high quality of life rating and financial freedom. Every nation was given a normalized rating for the ultimate outcomes.
After taking a look at all the info, it named Luxembourg the No. 1 place the place cash actually does purchase happiness.
“The highest nation the place cash should purchase happiness is Luxembourg, with an index of 98, reflecting sturdy monetary stability and excessive satisfaction of the inhabitants,” the research’s findings defined. “Luxembourg has the best GDP per capita on the checklist, with $147,000, in addition to the best high quality of life. General, the nation ranks ninth in happiness on the planet, however monetary stability contributes considerably to it.”
Subsequent up is Switzerland at No. 2, which scored 81.8 out of 100. “The nation’s GDP quantities to $100,000 per particular person, $47,000 decrease than in Luxembourg, however the financial freedom in Switzerland is healthier, with an index of 83.7,” the research famous. “The nation additionally ranks within the prime 20 of the happiest nations, incomes thirteenth place.”
Coming in at No. 3 is Denmark, with an index rating of 78.4. The full GDP of Denmark, the crew defined, “is the second-smallest within the prime 10, with $493 billion, however the nation ranks excessive for high quality of life and happiness, beating Switzerland.”
Norway adopted in a particularly shut fourth place, with a rating of 77.9, because of its GDP of $87,600 per capita, which is larger than in Denmark, “however the high quality of life and monetary freedom index are a bit decrease,” the findings added. “Norway nonetheless ranks because the seventh happiest nation on the planet, having fun with monetary stability offered by the economic system.”
And rounding out the highest 5 is The Netherlands, because of its GDP of greater than a trillion {dollars}, making certain a “top quality of life for all its completely satisfied residents.
Nevertheless, the U.S. wasn’t to date behind its European counterparts, snagging eighth place on the checklist. “With the best GDP of 26.8 trillion {dollars}, the U.S. has one of many strongest economies on the planet,” the corporate shared. “On the identical time, the nation ranks twenty fourth on the checklist of the happiest nations,” which brought about it to drop out of the highest spots.