October 30, 2014

GDP Growth and Change in Life Satisfaction Since 2007: Countries with Higher Growth Have Bigger Increases in Happiness

GDP Growth and Change in Life Satisfaction Since 2007: Countries with Higher Growth Have Bigger Increases in Happiness

Percentage point change between 2007 & 2014 in percent saying 7,8,9 or 10 on the ladder of life is on the vertical axis. Average GDP growth between 2007 & 2013 is on the horizontal axis.

GDP Growth and Change in Life Satisfaction Since 2007: Countries with Higher Growth Have Bigger Increases in Happiness

Percentage point change between 2007 & 2014 in percent saying 7,8,9 or 10 on the ladder of life is on the vertical axis. Average GDP growth between 2007 & 2013 is on the horizontal axis.

Correlation: 0.5

Source: Data for GDP annual growth from IMF World Economic Outlook Database, April 2014.

Note: Includes only countries with data for 2007 and 2014. Data not available for the Palestinian territories.