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IADB: Venezuela among the countries with the highest quality of life in the world

Venezuela is among the countries whose citizens are the most satisfied with their quality of life, above various countries in Latin America and the world, according to a study conducted by the Inter-American Development Bank (IADB) using data from a Gallup World Poll.

The report, published by the IADB in November 2008, employs data from a Gallup World Poll that surveyed 40,000 people in 24 countries between November 2005 and December 2007.  The surveys were complemented by detailed interviews conducted by other organizations in five countries.  The report states that residents of Venezuela are among the most satisfied with their quality of life.

In this sense, the results shows that data collection about perceptions of quality of life and comparisons between countries demonstrate that the level of satisfaction with life in Latin America is high.

According to the IADB, Latin America as a whole has higher satisfaction than Europe and Central Asia.

The perceptions of quality of life of Costa Ricans and Venezuelans compare favorably to the perceptions of Europeans and Americans.

Furthermore, Latin Americans have a favorable opinion of education systems.  In this regard, the IADB notes that numerous research studies have confirmed a positive link between education and economic growth.  As levels of education and abilities rise, there are gains in productivity and growth.

The IADB report indicates that over 80 percent of the populations of Venezuela, Costa Rica and Nicaragua are satisfied with their education systems.  It also highlights the fact that several countries of the region have levels of satisfaction comparable to industrialized countries.

Regarding regional employment, 82% of workers are satisfied with their jobs.  The country with the highest job satisfaction was Venezuela, followed by Costa Rica and Guatemala.  “Venezuela is once again at the top.  The vast majority (90.1%) of the population is satisfied with their jobs,” the report states.

In terms of health, the IADB says that “in the last 50 years the health of people in Latin America and the Caribbean increased tremendously in almost every dimension and for almost every definable group or class.”

The report continues: “the population of Latin America is healthier than ever, which holds true for almost everyone.  Today Latin America has the highest levels of longevity and the lowest levels of infant mortality of any developing region.”

Finally, the IADB emphasized that “over 70% of the populations of Costa Rica, Uruguay and Venezuela consider themselves satisfied with health services in their city or area.”

Venezolana de Televisión, Embassy of the Bolivarian Republic of Venezuela Press Office / March 17, 2009

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