Table 4 Percentage growth rates of World GDP (in PPP), expected lifetime WELLBYs (weighted by population level in each country), life satisfaction, life expectancy, and population level.

From: The WELLBY: a new measure of social value and progress

Year

GDP

WELLBYs

Life satisfaction

Life expectancy

Population level

2012

3.7

−0.6

−0.8

1.3

1.1

2013

4.2

2.0

1.3

1.4

1.1

2014

3.3

2.2

2.2

1.4

1.1

2015

2.1

−4.0

−4.1

1.1

1.1

2016

3.6

2.5

2.5

1.3

1.1

2017

4.8

2.8

2.7

1.2

1.0

2018

4.9

1.5

1.3

1.2

1.0

2019

4.4

1.2

0.7

1.3

1.0

2020

−2.7

−4.2

−2.8

−0.6

1.0

2021

8.6

0.3

1.3

−0.1

0.8

  1. Both China and India were removed from both GDP and WELLBY calculations as we observed relevant distortions of including them (in particular, there were large migration movements due to lockdowns that changed the composition of the areas from which the samples were drawn as well as the composition of respondents with phones).
  2. Source: Gallup World Poll, World Bank, own calculations.
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