The where-to-be-born index, formerly known as the quality-of-life index (QLI), was last published by the Economist Intelligence Unit (EIU) in 2013. Its purpose was to assess which country offered the most favorable conditions for a healthy, secure, and prosperous life in the years following its release. [1]
It was based on a method that combines the results of subjective life-satisfaction surveys with the objective determinants of quality of life across countries as well as forecasts for economic growth.
In 2013, an index was created using data from 80 countries and territories . The survey considered ten quality-of-life factors and future GDP per capita forecasts to determine each nation’s score.[2] Switzerland, Australia, and Norway topped the list with scores just above 8. [3]
Back in 2006, life satisfaction scores (rated on a scale of 1 to 10) for 130 countries (from the Gallup Poll) were analyzed through multivariate regression. Researchers identified 11 statistically significant indicators that explained about 85% of the variation in life satisfaction scores across countries. These predicted scores represent a country’s quality of life index, with coefficients automatically weighing the importance of different factors. The estimated equation from 2006 allows for comparisons over time and across nations.[4]
The independent variables in the estimating equation for 2006 include: