Guys, we officially live in the best country in the world (as if we didn't already know).

Not only has Canada been named the second best country in the world, our home has been ranked number one for quality of life - for the third year in a row!

The study, conducted by U.S. News in partnership with Y&R’s BAV and Wharton, broke down 80 countries’ overall rankings based “on 75 different metrics.”

Each of those metrics was then placed into one of nine subcategories, including:

  • Affordability

  • Stable job market

  • Economic stability

  • Family friendliness

  • Income equality

  • Political stability

  • Education systems

  • Public health systems

Canada beat out Denmark, Sweden, Norway, and Australia - who all placed in the top five - to win top spot.

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According to the study, Canada placed number one for its political stability, safe environment, strong job market, and its good education system.

Here are the 25 best countries for Quality of Life in 2018:

1. Canada

2. Denmark

3. Sweden

4. Norway

5. Australia

6. Switzerland

7. Finland

8. Netherlands

9. New Zealand

10. Germany

11. Austria

12. Luxembourg

13. United Kingdom

14. Japan

15. Ireland

16. France

17. United States

18. Singapore

19. Spain

20. Portugal

21. China

22. Italy

23. Poland

24. South Korea

25. United Arab Emirates

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Beyond the quality of life study, Canada has an overall rating of 9.9. In other studies, we rank fourth overall for citizenship, seventh in business and entrepreneurship, 11th in cultural influence, 12th in power, 18th in adventure, 32nd in up-and-coming economy, and 40th in heritage.

Go Canada!