Perhaps money really doesn’t buy happiness!

A recent survey finds a relatively poor country has some of the world’s happiest people — while the least happy live in one of the wealthiest nations.

The Gallup poll ranks Panama as having the “population with the most positive emotions.”

Eighty-five percent of Panamanians responded to questions about their overall well-being with positive answers.

That’s in spite of Panama ranking just 90th worldwide in gross domestic product, a measurement of wealth.

Coming in dead last is Singapore with the highest GDP in the world.

Only 46 percent of Singapore residents answered “yes” to questions about whether they smiled a lot or felt treated with respect. That’s worse than places like Syria, Afghanistan and Haiti.

As for Americans, the survey found there seems to be a limit on how much money affects happiness.

Gallup reports no increase in daily happiness for people with incomes more than $75,000 a year, compared to people who earn less.

Top 10 happy countries

• Panama (85%)
• Paraguay (85%)
• El Salvador (84%)
• Venezuela (84%)
• Trinidad and Tobago (83%)
• Thailand (83%)
• Guatemala (82%)
• Philippines (82%)
• Ecuador (81%)
• Costa Rica (81%)

10 least happy countries

• Singapore (46%)
• Armenia (49%)
• Iraq (50%)
• Georgia (52%)
• Yemen (52%)
• Serbia (52%)
• Belarus (53%)
• Lithuania (54%)
• Madagascar (54%)
• Afghanistan (55%)