Happiness and consumer confidence are highly correlated 100% R² = 0.7622 90% China India Saudi Arabia Brazil 80% Mexico Australia South Africa Sweden United States % Happy Argentina France Canada (very/rather) 70% Great Britain Spain Italy Germany Turkey Belgium 60% Japan Poland South Korea 50% Hungary 40% 30.0 35.0 40.0 45.0 50.0 55.0 60.0 65.0 70.0 75.0 Ipsos Consumer Confidence Index
Global Happiness 2023 Page 19 Page 21