Measuring Well-being: a Case for Municipalities in Slovenia

Abstract

This paper explores the differences in well-being across Slovenia as well-being is one of the key social goals of modern progress. Well-being is defined by objective social, economic, demographic and environmental indicators, which reflect different dimensions of well-being. Overall well-being of municipalities was evaluated by two approaches. First, a composite indicator of well-being was calculated with the application of principal component method for 68 indicators. Second, cluster analysis was applied to further explore regional differences in well-being. The results show prevailing higher level of well-being in the west, while lower well-being is observed in the east of Slovenia.