New country rankings from the Well-Being Index of the British Legatum Institute show that Norway has the highest overall well-being in the world. After Panama, rounding out the top are Switzerland and Denmark.

The elements that matter most to well-being were taken into account while ranking: economic status of the population, education, quality of government, health, citizen safety, level of individual freedoms, and so on.

Ukraine has been ranked 70th in overall well-being, 127th in financial well-being, 120th in quality of governance with at the same time, being ranked 37th in education, and 41st in the level of social capital.

Sweden (5), the Netherlands (8), Finland (9) and Ireland (10) round out the list of the top countries. Countries with the lowest levels of well-being are Croatia (53), Bulgaria (51) and Romania (50).