Denmark takes the top spot as the happiest country in the world, displacing Switzerland, according to The World Happiness Report 2016, published by the Sustainable Development Solutions Network (SDSN), a global initiative for the United Nations.

The report takes into account GDP per capita, life expectancy, social support and freedom to make life choices as indicators of happiness.

Switzerland was ranked second on the list, followed by Iceland (3), Norway (4) and Finland (5).

India ranked 118th, down from 117th in 2015. The report said that India was among the group of 10 countries witnessing the largest happiness declines along with Venezuela, Saudi Arabia, Egypt, Yemen and Botswana.

India comes below nations like Somalia (76), China (83), Pakistan (92), Iran (105), Palestinian Territories (108) and Bangladesh (110).

Leading experts across fields – economics, psychology, survey analysis, national statistics, health, public policy and more – describe how measurements of well-being can be used effectively to assess the progress of nations.

It reflects a "new worldwide demand for more attention to happiness as a criteria for government policy".

Previous reports have argued that happiness provides a better indicator of human welfare than do income, poverty, education, health and good government measured separately but now they also point out that the inequality of well-being provides a broader measure of inequality.

Latest News from World News Desk