A COMPARATIVE ANALYSIS OF HAPPINESS INDEX WITH GROSS DOMESTIC PRODUCT AND ITS IMPACT ON QUALITY OF LIFE ACROSS THE GLOBE

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Asawari Ashutosh Nagwanshi, Prabu D, Suganya P, Rajmohan M, Bharathwaj V V, Sindhu R, Dinesh Dhamodhar, Prashanthy M R

Abstract

AIM: This study aims to analyze the association of happiness index with the Gross domestic product (GDP) and Quality of life among various countries in the world.


MATERIALS AND METHOD: The study was conducted to evaluate the association of the parameters such as Happiness index, GDP and Quality of life among fifteen different countries in the world based on the happiness index ranking in the year 2019. Then data regarding the Quality of life and Gross domestic product of these countries were obtained from the electronic databases using keywords. Finally, the collected data were tabulated and analyzed using descriptive analysis.


RESULTS: The most and moderate happiest countries had a good quality of life compared to those with the least happiness index. The countries with moderate happiness index had a very high GDP rank compared to other countries with the most and least happiness index.


CONCLUSION: The happiness of the country strongly depends on the Quality of the people. Even country with the highest GDP ranks low in the happiness index. Therefore, the government should spend more effort on the well-being of the people for the well-being of the nation.

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