Does Wealth Can Bring Happiness?

by admin on July 20, 2010

Does money can bring happiness? Many people might argue over the issue. But statistical data proved that some Scandinavian countries maintain secured and happy life because of fabulous economic growth.  Scandinavian countries do really well in terms of economic and social development.  They give utmost priorities to the basic needs of their people that make them richer and happier than other countries. Even European countries stay far behind them.

Losing world cup final against Spain might cause huge pain to Dutch but still they enjoy the position of world happiest country. Small population, strong economic growth, skill manpower mostly contribute to the Dutch economy. Only eight million people keep the country’s economic vehicle always moving forward and live happiest life.

People of Denmark pay the highest income tax rate in the world but enjoy happiness in life. Denmark is well-known for its flat, but beautiful nature. Denmark secures 16th position in the world in terms of GDP (PPP) per capita and ranks 5th in nominal GDP per capita. Denmark has considerable sources of oil and natural gas that largely contribute to the economy.

Sweden is the third largest country in the European Union by area. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Sweden is a world leader in privatized pensions which help people live tension free life. Sweden the 4th most competitive economy in the world.

Norwegians enjoy the second highest GDP per-capita in the world and also enjoys  first place in the world in the UNDP Human Development Index . One of the main reasons of happiness in the country is   Norwegian pension fund that is the largest capital fund in the world.

Finland has a highly industrialized free-market economy with a per capita output equal to that of other European economies such as France, Germany, Belgium or the UK.  About74% of households possesses a car and 92% people have a mobile phone and 85 % enjoy Internet connection at home. The average total household consumption is 20,000 euro. These awesome statistics might quite enough to make a country richer and happier.

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