GNH is a much richer objective than GDP or economic growth. In GNH, material well-being is important but it is also important to enjoy sufficient well-being in things like community, culture, governance, knowledge and wisdom, health, spirituality and psychological welfare, a balanced use of time, and harmony with the environment.Over the last decades, increasing concerns have been raised about the inadequacy of indicators of economic performance, such as GDP figures, as measures of social and economic well-being. As noted by the Commission on the Measurement of Economic Performance and Social Progress, “The time is ripe for our measurement system to shift emphasis from measuring economic production to measuring people’s well-being. And measures of well-being should be put in a context of sustainability... emphasizing well-being is important because there appears to be an increasing gap between the information contained in aggregate GDP data and what counts for common people’s well-being.” However, the importance of measuring well-being and happiness to inform national policy goals has been questioned, as these concepts have been often seen as individual pursuits based on subjective criteria, rather than as matters of national policy. There are also several concerns with measuring happiness and well-being, such as the awkwardness of making interpersonal comparisons, or the problems of adaptation, in that people may get used to being deprived and report average levels of happiness despite their deprivation. So in this paper we will discuss an overview of gross national happiness vs. Gross domestic product.