A total of 25 countries were examined, revealing that approximately 14% of Icelanders were depressed in the year 2014, which is above the European average of 8%.
The research utilized data from ERC as well as local statistics, indicating that women were more likely than men to succumb to depression. People with lower levels of education were also more likely to show symptoms of depression.
Icelandic men with lower levels of education were far happier than women with the same education. Nearly 27% of women without secondary education showed signs of depression, opposed to 18% of men.
The results also showed that younger Icelanders were more depressed than older generations, linking higher education to lower rates of depression.
This coincides with an earlier report, which revealed that the use of anti-depressants, sedatives, anti anxiety drugs, stimulants, sleeping pills and pain killers is much heavier in Iceland than in other Nordic countries, and greater than in any other OECD country.
OECD's research shows that depression rates are the lowest in the Czech Republic, Greece, Poland, Italy, and Slovakia.