More Is Still Not Enough—What Is Necessary and Sufficient for Happiness?

Abstract

Happiness is defined as well-being and contentment with life. The growing imperative to evaluate well-being beyond economic growth alone has led to the formulation of holistic indices that better reflect quality of life and sustainable development goals. This has resulted in the emergence of the Happiness Score (HS), which adopts a more holistic and human-centred perspective on development and well-being. The present study takes the Happiness Score as a basis for the identification of some of the main determinants of happiness in an empirical and data-driven perspective. To this end, data from 145 countries was analysed, using statistical methodologies such as Generalised Linear Models (GLM), Principal Component Analysis (PCA), fuzzy set Qualitative Comparison Analysis (fsQCA) and the decision tree machine learning approach. A range of indices were considered to translate the reality of countries in different socio-economic dimensions, the level of development of each country, and the continent to which it belongs. The African continent demonstrates substantial disparities across virtually all variables and is frequently associated with the most unfavourable values for each index. The indicators that exerted the most profound influence on happiness were identified as the freedom to make life choices, literacy rate, and Gross Domestic Product (GDP) per capita. These results inform policy strategies aligned with sustainable development, emphasising that enhancing happiness requires multidimensional action beyond economic indicators—particularly in low- and middle-income countries.