OECD names country with the best quality of life

Before you go, we thought you'd like these...
Before you go close icon
These Countries Have The Best Quality Of Life



The Organization for Economic Cooperation and Development (OECD) has released its 2015 list of countries based on their Better Life Index -- which looks into aspects from housing, income, education, civic engagement, health, to work-life balance.

The US has jumped two spots this year to No. 5. Australia, which was previously a top contender, fell to No. 4 on the list.

Researchers explain that this index of well being incorporates more than just economic numbers, but rather "allows you to compare well-being across countries, based on 11 topics the OECD has identified as essential, in the areas of material living conditions and quality of life." The chart is expansive, covering multiple indicators within the 11 topics.

See below for the 10 countries that made the list:

11 PHOTOS
Countries with best quality of life 2015
See Gallery
OECD names country with the best quality of life

10. Denmark

Seen here: Copenhagen (Photo credit: Getty)

9. New Zealand

Shown here: Queenstown, New Zealand (Photo credit: Getty)

8. Netherlands

Shown here: Amsterdam (Photo credit: Getty)

7. Sweden 

Shown here: Gothenburg (Photo credit: Getty)

6. Canada

Shown here: Vancouver (Photo credit: Getty)

5. USA

Shown here: New York City (Photo credit: Getty)

4. Australia

Shown here:  Sydney Harbour (Photo credit: Getty)

3. Switzerland

Shown here: Zurich (Photo credit: Getty)

2. Iceland

Shown here: Reykjavik (Photo credit: Getty)

1. Norway

Shown here: Oslo (Photo credit: Getty)

of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION


10. Denmark: With 5 weeks paid vacation per year
9. New Zealand: Breathe happy
8. Netherlands: One of the highest literacy rates in the world.
7. Sweden: Tons of citizen engagement
6. Canada: Excellent housing standards
5. USA: Housing, income, and wealth
4. Australia: Strong sense of community
3. Switzerland: One of the world's lowest unemployment rates
2. Iceland: Cleanest tap water on earth
1. Norway: People are living their best life here...for an average of 82 years.

Check out the happiest countries according to the World Happiness Report back in April:
6 PHOTOS
World's Happiest Countries
See Gallery
OECD names country with the best quality of life

5. Canada

(Photo via Getty Images)

4. Iceland

(Photo via Getty Images)

3. Denmark

(Photo via Getty Images)

2. Norway

(Photo via Getty Images)

1. Switzerland

(Photo by Jorg Greuel via Getty Images)

of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION


More on AOL:
Americans becoming less religious, especially young adults: poll
The science behind the perfect apple pie
Warning for pet owners: this popular candy can be deadly for your dog
Read Full Story

Sign up for Breaking News by AOL to get the latest breaking news alerts and updates delivered straight to your inbox.

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners