Misc
Global Happiness: Which Countries are the Most (and Least) Happy?
Check out the latest 2023 update of the Global Happiness Index.
How much happier would you be if were given a 10% raise?
While money can be a crucial indicator of happiness at lower income levels, studies have found that as incomes rise, money becomes a less important part of the overall happiness equation.
In fact, researchers see happiness as a complex measure that involves many variables outside of material wealth, including social support, freedom, and health.
Measuring Global Happiness
Today’s chart uses data from the World Happiness Report 2018 to measure and understand which countries report feeling the most and least happy.
What Contributes to Happiness?
The six key variables used by researchers in this report on global happiness include:
- GDP per capita
- Healthy life expectancy
- Social support
- Freedom of choice
- Generosity
- Perceptions of corruption
While average income and life expectancy definitely carry their weight in explaining happiness levels, what’s more interesting are the Gallup World Poll (GWP) questions about the other, more subjective variables.
- Social support
“If you were in trouble, do you have relatives or friends you can count on to help you whenever you need them?” - Freedom to make life choices
“Are you satisfied or dissatisfied with your freedom to choose what you do with your life?” - Generosity
“Have you donated money to a charity in the past month?” - Perceptions of corruption
“Is corruption widespread throughout the government or not?”
“Is corruption widespread within businesses or not?”
How Happy is the World?
The top tier of happiest countries happen to be Nordic, with Finland, Norway, Denmark, and Iceland making it into the top five. Aside from having a common geographic location, these countries are also well-known for their social safety nets, using a high tax burden to fund government services such as education and healthcare.
A surprising entry near the top of the list might be Costa Rica. It’s the happiest country in the Latin American region, despite persisting income inequality issues. Although it has a lower GDP per capita than other high-ranking entries, the country has more than made up for it through social support; Costa Rica has invested significantly in education and health as a proportion of GDP, and the nation is also known for housing a culture that forms solid social networks of friends, families and neighborhoods.
On the other hand, 18 of the least happy countries are concentrated on the African continent. GDP per capita varies intensely among the bottom countries, and many report a lack of freedom overall. A silver lining is that social support is relatively stable, and there have been steady improvements over time.
Finally, the aftermath of the 2008 financial crisis has had a ripple effect on global happiness. The report demonstrates where the most and fewest advances have been made.
- Togo
Happiness is on the upswing, as the West African nation climbs 17 places to demonstrate the most improvement. - Venezuela
Meanwhile, the South American country plummeted even further, in part from socio-political changes and dramatic hyperinflation.
Where does your country fare on this scale?
Eudaimonia [happiness] is the meaning and the purpose of life, the whole aim and end of human existence.
― Aristotle
Misc
How Hard Is It to Get Into an Ivy League School?
We detail the admission rates and average annual cost for Ivy League schools, as well as the median SAT scores required to be accepted.
How Hard Is It to Get Into an Ivy League School?
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Ivy League institutions are renowned worldwide for their academic excellence and long-standing traditions. But how hard is it to get into one of the top universities in the U.S.?
In this graphic, we detail the admission rates and average annual cost for Ivy League schools, as well as the median SAT scores required to be accepted. The data comes from the National Center for Education Statistics and was compiled by 24/7 Wall St.
Note that “average annual cost” represents the net price a student pays after subtracting the average value of grants and/or scholarships received.
Harvard is the Most Selective
The SAT is a standardized test commonly used for college admissions in the United States. It’s taken by high school juniors and seniors to assess their readiness for college-level academic work.
When comparing SAT scores, Harvard and Dartmouth are among the most challenging universities to gain admission to. The median SAT scores for their students are 760 for reading and writing and 790 for math. Still, Harvard has half the admission rate (3.2%) compared to Dartmouth (6.4%).
School | Admission rate (%) | SAT Score: Reading & Writing | SAT Score: Math | Avg Annual Cost* |
---|---|---|---|---|
Harvard University | 3.2 | 760 | 790 | $13,259 |
Columbia University | 3.9 | 750 | 780 | $12,836 |
Yale University | 4.6 | 760 | 780 | $16,341 |
Brown University | 5.1 | 760 | 780 | $26,308 |
Princeton University | 5.7 | 760 | 780 | $11,080 |
Dartmouth College | 6.4 | 760 | 790 | $33,023 |
University of Pennsylvania | 6.5 | 750 | 790 | $14,851 |
Cornell University | 7.5 | 750 | 780 | $29,011 |
*Costs after receiving federal financial aid.
Additionally, Dartmouth has the highest average annual cost at $33,000. Princeton has the lowest at $11,100.
While student debt has surged in the United States in recent years, hitting $1.73 trillion in 2023, the worth of obtaining a degree from any of the schools listed surpasses mere academics. This is evidenced by the substantial incomes earned by former students.
Harvard grads, for example, have the highest average starting salary in the country, at $91,700.
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