Finns are the happiest people in the world, according to a new global report. The northern European country is leading the world in happiness for the eighth year in a row.

For the eighth year in a row, Finland ranked in the top spot on the World's Happiness Report's annual ranking of the happiest countries in the world.

Finland was followed by Denmark (no.2), Iceland (no.3), Sweden (no.4), and the Netherlands (no.5). While Mexico (no.10) and Costa Rica (no.6) joined the top 10 for the first time in the list’s history, the U.S. dropped to its lowest ranking at no. 24. Last year, the U.S. dropped out of the top 20 for the first time since the 2012 inaugural list.