Insights

Malta Ranks Among the Happiest Countries in the World in 2024

According to The World Happiness Report 2024, Malta has once again ranked high among the world’s happiest countries. Primarily, the World Happiness Report ranks the countries worldwide according to “happiness level”. Essentially, based on an extensive analysis of various factors, Malta ranks as the 40th happiest country globally in 2024. 

Happiness in Malta and Other European Countries

Specifically, the report is based on surveys conducted between 2021 and 2023. There is an average life evaluation that is scored on seven factors: Dystopia + residual, perceptions of corruption, generosity, freedom to make life choices, healthy life expectancy, social support and log GDP per capita. Malta scores especially well in GDP per capita, social support, healthy life expectancy, and the freedom to make life choices.      

Moreover, the World Happiness Report pays special attention to the inequalities in the factors and their effects on average happiness, considering the strength of the social fabric. A good social environment, which is present in Malta, helps reduce inequalities.  

Observably, Western Europe takes a lot of the highest spots on the happiness table. Additionally, countries in the Nordic region are among the happiest; all ranked in the top ten (10) spots. Otherwise, outside Europe, Israel, New Zealand, Australia, Canada, The United States of America, and The United Kingdom also ranks among the top locations.   

In addition, the high life evaluations in Nordic countries are factored by a higher personal and institutional trust. The report evaluates income, quality of the social environment, and health. Factored risks include discrimination, street safety, ill-health, unemployment, divorce or widowhood, and separation.

Benefits of Maltese Citizenship

Given the quality of life in Malta, non-EU nationals are presently acquiring citizenship for multiple benefits. Aside from the country being a member of the European Union and Schengen Area, another benefit of becoming a Maltese citizen is gaining a passport that ranks eighth globally. Furthermore, the island nation of Malta is also repeatedly voted among the countries with the best climate.     

In conclusion, Maltese citizenship holds excellent business opportunities, which many non-EU nationals are maximising. Families also have access to a top education system and first-class healthcare. These benefits support the resulting data of the World Happiness Report, assuring a good quality of life in Malta.  

Suggested reading: A Guide to Malta Citizenship by Investment

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