How's Life? 2024 Well-being and Resilience in Times of Crisis

Organisation for Economic Co-operation and Development (OECD)
What is it?

How’s Life? assesses whether life is getting better for people living in OECD countries and whether progress has been sustainable and inclusive. This sixth edition presents the latest evidence from over 80 indicators covering current well-being outcomes, inequalities, and resources for future well-being. the report shows that there are warning signs in critical non-economic aspects of well-being – most notable in health, subjective well-being and social connectedness. Much stronger action is needed to maintain today’s well-being for future generations, particularly when it comes to combatting climate change.

HIGHLIGHTS

  • People’s quality of life, most notably their health, has been adversely impacted by the crises of the past four years. Excess deaths during COVID-19 led to average life expectancy across OECD countries falling by almost half a year.
  • Similarly, over the past four years feelings of worry and sadness worsened in many OECD economies, and trends in life satisfaction were mixed. In 2023, the share of people feeling lonely ranged from 4 to 14% across OECD countries.
  • Over the past decade, the majority of age and gender gaps in well-being have narrowed. In some cases, this is because outcomes improved and comparatively more disadvantaged groups caught up. Yet in other cases, gaps narrowed because outcomes worsened, especially for those (previously) faring better.

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