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README.md
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license: cc-by-nc-4.0
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---
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license: cc-by-nc-4.0
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language:
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- en
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tags:
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- Tabular
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- Finance
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- Social Science
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- Economics
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- Global
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- Inflation
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- World Happiness
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---
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# **World Happiness Index and Inflation Dataset** ππ
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This dataset combines **World Happiness Index (WHI) scores with inflation metrics** across different countries from **2015 to 2023**.
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It provides insights into how economic conditions such as **GDP per capita, inflation, and corruption perception** impact happiness levels globally.
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---
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## **π Context**
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Happiness and well-being are essential indicators of societal progress, often influenced by economic conditions such as **GDP and inflation**.
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This dataset compiles data from the **World Happiness Index (WHI)** and inflation metrics to analyze the **relationship between economic stability and happiness levels across 148 countries from 2015 to 2023**.
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By analyzing key **economic indicators alongside social well-being factors**, this dataset provides insights into **global prosperity trends**.
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---
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## **π Content**
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This dataset is provided in **CSV format** and includes **17 columns**, covering both **happiness-related features** and **economic indicators** such as GDP per capita, inflation rates, and corruption perception.
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**Main Features:**
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- **Happiness Score & Rank** π *(World Happiness Index ranking per country)*
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- **Economic Indicators** π° *(GDP per capita, inflation metrics)*
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- **Social Factors** π€ *(Freedom, Social Support, Generosity)*
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- **Geographical Information** π *(Country & Continent)*
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---
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## **π About This File**
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The **WHI_Inflation.csv** file contains structured tabular data that integrates economic indicators and happiness scores across various countries and years.
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### **This dataset is particularly useful for:**
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β **Exploratory Data Analysis (EDA)** β Understanding patterns in happiness and economic trends.
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β **Machine Learning applications** β Regression models to predict happiness based on economic conditions.
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β **Social and Economic Research** β Analyzing the effects of GDP, inflation, and corruption perception on happiness levels.
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**This dataset includes 17 columns, each representing aspects of happiness and economic well-being.**
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---
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## **π Column Descriptions**
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| Column Name | Description |
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|-------------|------------|
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| **Country** | The name of the country where the data is recorded. |
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| **Year** | The year in which the happiness and economic data were collected (2015-2023). |
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| **Rank** | The country's rank in the World Happiness Index, where 1 represents the happiest country. |
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| **Score** | The overall happiness score of the country, ranging from 1 (least happy) to 10 (happiest). |
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| **GDP per Capita** | The country's Gross Domestic Product (GDP) per capita. |
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| **Social Support** | A measure of how well individuals are supported by family, friends, and social networks. |
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| **Healthy Life Expectancy** | The expected number of healthy years a newborn is anticipated to live. |
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| **Freedom to Make Life Choices** | The level of freedom individuals feel in making life choices. |
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| **Generosity** | A metric representing the extent of charitable donations and social contributions in the country. |
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| **Perceptions of Corruption** | A measure of corruption perception in government and businesses (higher values indicate lower corruption). |
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| **Energy Consumer Price Inflation** | The annual percentage change in energy prices (e.g., electricity, fuel). |
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| **Food Consumer Price Inflation** | The annual percentage change in food prices. |
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| **GDP Deflator Index Growth Rate** | A measure of overall price level changes in the economy, considering inflation. |
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| **Headline Consumer Price Inflation** | A broad measure of inflation capturing price changes in consumer goods and services. |
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| **Official Core Consumer Price Inflation** | A stable inflation measure that excludes volatile food and energy prices. |
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| **Producer Price Inflation** | The annual inflation rate for producers and manufacturers, affecting future consumer prices. |
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| **Continent** | The continent where the country is located (e.g., Europe, Asia, Africa, Americas). |
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---
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## **π Key Insights & Possible Analyses**
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1οΈβ£ **Happiness Score Trends Over Time** β How have happiness levels changed over the years?
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2οΈβ£ **Continent-wise Happiness Comparisons** β Which continents have the highest and lowest happiness scores?
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3οΈβ£ **GDP vs. Happiness Correlation** β Does higher GDP per capita lead to higher happiness?
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4οΈβ£ **Impact of Inflation on Happiness** β Do rising prices negatively impact happiness?
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5οΈβ£ **Feature Importance Analysis** β Which factors contribute most to happiness?
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---
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## **π Sources & Acknowledgements**
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This dataset is created using publicly available data from:
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- **World Happiness Report** ([worldhappiness.report](https://worldhappiness.report/))
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- **Gallup World Poll** (Survey-based happiness metrics)
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- **World Bank & IMF** (Economic & Inflation data)
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- **World Bank's Prospects Group** (Global price statistics)
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---
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## **π‘ Usage**
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This dataset can be used for **exploratory analysis, machine learning models, economic research, and policy-making.**
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It enables researchers and analysts to study the **relationship between happiness scores and key economic indicators like GDP, inflation, and corruption perception.**
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