“Singapore Named Happiest Country in Asia for Second Consecutive Year “

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“Singapore Named Happiest Country in Asia for Second Consecutive Year “

UN report highlights Singapore’s high GDP, low corruption perception, and strong social support as key factors

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For the second year in a row, Singapore has been recognized as Asia's happiest country, according to the latest World Happiness Report from the United

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For the second year in a row, Singapore has been recognized as Asia’s happiest country, according to the latest World Happiness Report from the United Nations Sustainable Development Solutions Network, released on March 20, which also marks International Day of Happiness.

Globally, Singapore ranks 30th out of 143 regions, slightly lower than last year’s position. Close behind are Taiwan, Japan, and South Korea, at 31st, 51st, and 52nd places, respectively. Other Asian nations in the rankings include the Philippines (53), Vietnam (54), Thailand (58), Malaysia (59), and China (60). Finland, Denmark, and Iceland lead the global happiness rankings, with Finland holding the top spot for seven consecutive years.

The report bases its findings on data from the Gallup World Poll, assessing life evaluations from 2021 to 2023. Factors such as GDP per capita, life expectancy, social support, freedom, generosity, and perceptions of corruption contribute to each region’s happiness score. Shun Wang, a co-author of the report, highlighted Singapore’s strong GDP per capita and very low perceived corruption, noting that these factors place it among the highest-ranking nations worldwide.

In related news, Singapore was also ranked as the best place to do business among 82 countries by the Economist Intelligence Unit, a position it has held for the past 16 years, with Denmark and the United States in second and third place.

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