In this year's rankings, Vietnam rose 11 places and held the 54th position globally - Photo: GetByBus
Singapore leads Asia for two consecutive years and ranks 30th globally in 2021-2023. Vietnam moves up in rank compared to 2023.
Vietnam moves up in Asia's happiest list
Finland topped the global rankings during this period, with Denmark and Iceland taking second and third place respectively.
The remaining territories and countries in the world's top 10 include Switzerland, Israel, the Netherlands, Norway, Luxembourg and Australia.
The bottom three spots on the index include Lesotho, Lebanon and Afghanistan, out of 143 countries and territories surveyed.
The rankings in each year's report are based on the average scores of the previous three years. Accordingly, Singapore ranked 25th in the global report in 2023, 27th in 2022 and 32nd in 2021.
Following Singapore, the happiest countries or territories in Asia include Taiwan, Japan, South Korea, Philippines, Vietnam, Thailand, Malaysia, China and Mongolia.
Notably, Vietnam ranked 6th on the list, showing the development of the S-shaped country in recent years. In this year's ranking, Vietnam rose 11 places and held the 54th position globally.
Multi-angle survey
The annual report has been published since 2012 to support the United Nations' sustainable development goals. Data is drawn from US market research firm Gallup and organizations such as the World Bank and the World Health Organization.
The report analyzes six factors including gross domestic product (GDP) per capita, average healthy life expectancy, social support, freedom, generosity and perceptions of corruption.
However, there are also scores based solely on individuals' assessments of their own lives, from a poll that asked respondents to rank their happiness on a scale of 1 to 8, with 8 being the maximum score.
Singapore ranked 54th in 2021-2023 for responses from those under 30, and 26th for those over 60.
While the countries in the global top 10 largely remained the same, there were newcomers to the top 20, such as Costa Rica and Kuwait. The United States fell out of the top 20 for the first time in the report's 12-year history, landing in 23rd place.
The report's editor and co-author, Wang Shun, told CNBC in an interview that Singapore has done very well in terms of GDP per capita, one of the highest rankings in the data set ever recorded.
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