List of the “Most Miserable Countries in the World” Is Out—India Is Included, Too—View the Complete List Here

List of the “Most Miserable Countries in the World” Is Out—India Is Included, Too—View the Complete List Here

 

 

List of the “Most Miserable Countries in the World” Is Out—India Is Included, Too—View the Complete List Here

New Delhi: The list of ‘Most Miserable Countries In The World’ is out and Zimbabwe has topped the Steve Hanke’s Annual Misery Index (HAMI), which judges nations on mainly economic conditions. A total of 157 countries were analysed for the rankings and the African country surpassed war-torn nations like Ukraine, Syria, and Sudan. It has majorly been plagued with skyrocketing inflation, which touched 243.8 percent last year.

Why is Zimbabwe the worst?

The nation has been plagued with skyrocketing inflation, which touched 243.8 per cent last year. According to the index, the policies of President Emmerson Mnangagwa and his ZANU–PF party have also resulted in massive misery for the citizens of Zimbabwe.

“Thanks to stunning inflation, high unemployment, high lending rates, and anemic real GDP growth, Zimbabwe clocks in as the WORLD’S MOST MISERABLE COUNTRY in the Hanke 2022 Annual Misery Index. Need I say more?” Steve Hanke tweeted.

 

 

Top 15 most ‘miserable’ countries

A total of 157 countries were analysed for the rankings, as per New York Post. Here are the countries in the top 15 list of most miserable nations.

  1.  Zimbabwe
  2. Venezuela,
  3. Syria,
  4. Lebanon,
  5. Sudan,
  6. Argentina,
  7. Yemen,
  8. Ukraine,
  9. Cuba,
  10. Turkey,
  11. Sri Lanka,
  12. Haiti,
  13. Angola,
  14. Tonga, and
  15. Ghana

 

India’s Rank

India ranked 103 on the list with the contributing factor to the misery being unemployment. The US ranked 134th on the list, with unemployment as the leading factors of unhappiness. Finland, which has been ranked the world’s happiest country for six years in a row by the World Happiness Report, was ranked 109th on the misery index.
Notably, The Annual Misery Index is compiled by Steve Hanke, professor of Applied Economics at John Hopkins University. The indexes are the sum of unemployment (multiplied by two), inflation, and bank-lending rates, minus the annual percentage change in real GDP per capita.

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