Australia is the world's happiest country this year, according to the Paris-based Organization for Economic Cooperation and Development (OECD).
The land down under edged out Sweden, Canada, Norway and Switzerland for top honors, according to OECD, which analyzed its 34 member states (plus Brazil and Russia) across 11 categories for its "Better Life Index." The United States ranked sixth on the list.
While the OECD system emphasizes comparison over competition, if all the OECD's categories of well-being are weighted equally, Australia emerges atop the ranked list.
This year's "happiest country" owes its general joviality to a combination of factors, including above average household net-adjusted disposable income, employment, civic engagement and life expectancy.
|CLICK HERE for the interactive Better Life Index|
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