National accounts of well-being framework

In this approach we consider well-being to be:

‘a dynamic process that gives people a sense of how their lives are going, through the interaction between their circumstances, activities and psychological resources or ‘mental capital’.

It goes beyond life satisfaction, to include social dimensions of well-being, as well as feelings, functionings and psychological resources.

Personal well-being is made up of five main components, some of which are broken down further into subcomponents. These are:

Social well-being is made up of two main components:

In addition to these indicators, as an example of a well-being indicator within a specific life domain, a satellite indicator of well-being at work is also included. This measures job satisfaction, satisfaction with work-life balance, the emotional experience of work, and assessment of work conditions.

A full list of the questions included in each indicator, subcomponent and component can be found in Appendix 3 of the National Accounts of Well-Being report.

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