QUALITY OF LIFE
What makes a good quality of life?
Income, environment and healthcare are key to achieving a good quality of life.
A regular income, a safe environment and high-quality healthcare are the most important factors supporting a good quality of life.
90% of people in the research say that a safe environment and high-quality healthcare are important to achieving a good quality of life
But only about 70% say they have these
90% say that a regular income helps them have a good quality of life
But only 63% say they have this
A regular income, a safe environment and high-quality healthcare are the most important factors supporting a good quality of life.
90% of people in the research say that a safe environment and high-quality healthcare are important to achieving a good quality of life
But only about 70% say they have these
90% say that a regular income helps them have a good quality of life
But only 63% say they have this
Our research reveals that over two thirds (67%) of respondents worldwide agree that the rising cost of living is affecting their wellbeing and 60% admit to changing their consumption patterns by opting for cheaper alternatives when purchasing products and services.
However, there is hope for the future. In the next three years, 63% of people expect to be in a better position than they are currently.
“For most people, prosperity is not about living like an oligarch. It's about living a life you have reason to value. It's not just about lack of poverty, it's being able to take your place in society without shame and having agency.”
Our research reveals that over two thirds (67%) of respondents worldwide agree that the rising cost of living is affecting their wellbeing and 60% admit to changing their consumption patterns by opting for cheaper alternatives when purchasing products and services.
However, there is hope for the future. In the next three years, 63% of people expect to be in a better position than they are currently.
“For most people, prosperity is not about living like an oligarch. It's about living a life you have reason to value. It's not just about lack of poverty, it's being able to take your place in society without shame and having agency.”
Income, healthcare and a safe environment are important in determining quality of life
How important are each of the following in determining your quality of life, and do you have each of them today?
A regular income that pays for more than just the essentials
90%
63%
Access to high-quality and affordable healthcare
90%
68%
A safe and healthy environment
90%
72%
Regular contact with friends and family
88%
76%
Time to pursue hobbies/personal growth opportunities
87%
66%
Access to secure financial services
83%
64%
Access to high-quality and affordable education
79%
59%
Access to meaningful work or another occupation that I enjoy
79%
59%
Not being impacted by climate change/feeling reassured that action is being taken to combat it
75%
50%
Access to financial advice and education
72%
55%
A regular income that pays for more than just the essentials
Access to high-quality and affordable healthcare
A safe and healthy environment
Regular contact with friends and family
Time to pursue hobbies/personal growth opportunities
Access to secure financial services
Access to high-quality and affordable education
Access to meaningful work or another occupation that I enjoy
Not being impacted by climate change/feeling reassured that action is being taken to combat it
Access to financial advice and education
Explore further
What should communities provide to improve citizens' wellbeing? Are some parts of society held back from participating in community life?
We explore what employers can do to improve the wellbeing of their workers, and how access to education and personal development makes a difference.
The findings across these three pillars point to some clear recommendations for how business leaders and policymakers can improve citizens’ prosperity and wellbeing – today and in the future.
Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in the Europe, North America and South America regions, and is one of the largest banks in the world by market capitalization. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first half of 2023, Banco Santander had €1.25 trillion in total funds, 164 million customers, 9,000 branches and 212,000 employees. www.santander.com
The information presented throughout the site is the result of a survey of 17,000 people from 15 countries, carried out by FT Longitude. This site is hosted on the Foleon platform, and Foleon's cookie policy and privacy policy apply.