Venezuela is the Fifth Happiest Country in the World

Last Friday, the Washington Post highlighted a global happiness survey released last year by the polling firm Gallup, which found that Venezuela is the fifth happiest country in the world. According to the poll, 64 percent of Venezuelan respondents said their well-being was thriving.

The poll measured how people in 124 countries rated their lives at the current time and their expectations for the next five years.

Topping the list were Denmark (72 percent), Sweden (69 percent), Canada (69 percent), and Australia (65 percent). Finland is tied with Venezuela, sharing the fifth spot.

Venezuela is the Latin American country with the highest wellbeing, followed by Panama (11), Costa Rica (14), Brazil (15) and Mexico (19).

The classifications according to which respondents rated their wellbeing included “thriving,” “struggling,” or “suffering.” People who considered themselves to be thriving rated their lives a 7 or higher on a scale from 0 to 10.

According to the Post, the poll showed that the respondents with highest wellbeing also reported fewer health problems, less stress and sadness, and more happiness, respect and enjoyment.

Out of the 124 countries polled in 2010, the majority of residents in only 19 countries (mostly in Europe and the Americas) rated their lives as “thriving.”

An article published on the website of Gallup states that the list “is largely dominated by more developed and wealthier nations, as expected given the links between wellbeing and GDP.”

Nevertheless, it states: “Global wellbeing improved little between 2009 and 2010, remaining relatively steady when Gallup groups all these countries into four major global regions: Asia, Africa, the Americas, and Europe.”

Results have 95 percent confidence rate with a maximum margin of error of ±1.7 to ±5.7 percentage points.