Canberra is the best place in the world to live.

And is the best country, despite its problems.

The OECD has rated Canberra as Credit:Stuart Walmsley

That's the result of an Organisation for Economic Co-Operation and Development report, which has ranked 34 countries on nine measures of well-being.

The report is a serious attempt by economists to provide a clearer picture of how life is lived at a regional and local level around the world, rather than just a national level.