Assessing the well-being of individuals, communities and societies requires looking at multiple aspects that matter for people’s lives. This holistic perspective is even more relevant in a context of fast societal and economic changes. The OECD Well-being Framework considers current well-being outcomes – and inequalities in these – to capture the material conditions that shape people’s economic options, their quality of life, and their relationships. The Framework also includes the systemic resources that are needed to sustain well-being in the future. The Framework can support governments and other actors to design policies that promote synergies between economic, social and environmental goals and that allow for longer-term social investment which benefit economic growth and resilience at the same time as population well-being.
The OECD collects statistics on the key components of well-being to monitor people’s quality of life and relational well-being – including new work on social connections and relationships – to help countries understand whether life is getting better and whether the benefits of progress are being shared equally.