Portugal fell 12 spots in the 2013 World Happiness Report and is now placed 85th, according to a report by the Columbia University for the United Nations.
The report asks individuals from each country to rate on a scale of one to 10 factors such as family, education, health, average life expectancy, freedom of choice and economic capacity, among others.
In 2012, Portugal had an average of 5.4 in its general happiness inquiry. This year, however, the average dropped 0.3 points which led to the conclusion that the country’s economic instability is preventing it from reaching higher happiness levels.
Portugal was among the 41 countries that saw its happiness levels drop, while 60 other nations boasted a more satisfied population.
Similar cases of significant drops in the ranking include Greece, Spain and Italy, countries which also are affected by the euro zone crisis.
Denmark, Norway and Switzerland topped the list as the most happy countries.
Alternatively, Togo, Benin and the Central African Republic are at the bottom of the ranking, which comprises a total of 156 countries.