Property Futures

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The happiest people

The happiest people.

Budai (or Hotei), the god of happinessBudai (or Hotei), the god of happinessCourtesy of Milei Vencel Schaffer via Wikipedia Creative Commons

Moving abroad? Consider more than property markets and economies.  The ten highest-ranked countries for ‘positive emotions’ will certainly surprise you.  Clearly money does not buy happiness!

According to the recently conducted (and popular) Gallup Poll, Latin Americans are among the world’s most cheerful.

The survey conducted by Washington-based think tank, Gallup Inc., has shown that Latin America is home to eight of the top 10 countries whose residents are most likely to report feeling positive emotions.  Only two from South-East Asia made it in to the top ten, and no world powers or economic leaders are represented in this list.

Among the questions asked in the survey were, ‘Did you feel well-rested yesterday?’, ‘Were you treated with respect all day yesterday?’ and ‘Did you smile or laugh a lot yesterday?’

According to Gallup, the data may come as a surprise to analysts and leaders, as traditional economic indicators are solely the focus of most government strategies. In fact, Nobel Prize-winning economist Angus Deaton said that in the USA, income only significantly impacts daily positive emotions when earning up to US$75,000. After that additional income does not make much difference.

Country                 Score
Panama 85%
Paraguay 85%
El Salvador 84%
Venezuela 84%
Trinidad and Tobago 83%
Thailand 83%
Guatemala 82%
Philippines 82%
Ecuador 81%
Costa Rica 81%

*Percentage of respondents who reported feeling positive emotions the previous day.

 

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This entry was posted on January 29, 2013 by in Future, Investment, Property and tagged , , , .

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