According to a report by economist Steve Hanke, Switzerland had the lowest score, which means its citizens are the happiest.
According to renowned economist Steve Hanke’s Annual Misery Index (HAMI), Zimbabwe ranks number one on the list of most miserable countries in the world. 157 countries were analyzed for this ranking. Economist Steve Hanke’s report is based on economic conditions. According to this report presented for the year 2023, African country Zimbabwe has left behind war-torn countries like Ukraine, Syria and Sudan in this list of countries facing worse conditions.
What are the reasons?
Rising inflation, unemployment, skyrocketing lending rates and a poor economy have worsened the situation in Zimbabwe. This report by Hanke has also blamed the country’s ruling political party Zanu-PF and its policies for these conditions. Venezuela, Syria, Lebanon, Sudan, Argentina, Yemen, Ukraine, Cuba, Turkey, Sri Lanka, Haiti, Angola, Tonga and Ghana are the other countries in the top 15 list of most miserable countries.
the happiest country
According to a report by economist Steve Hanke, Switzerland had the lowest score, which means its citizens are the happiest. The second happiest country according to this report is Kuwait, followed by Ireland, Japan, Malaysia, Taiwan, Niger, Thailand, Togo and Malta.
Which number is India on?
India ranks 103rd in this list. According to the report, India is going through unemployment. America ranks 134th in this list. This report is prepared by economist Steve Hanke. The Annual Misery Index is primarily compiled by Steve Hanke, Professor of Applied Economics at Johns Hopkins University.
The index is the sum of unemployment inflation and bank-lending rates. This report is presented every year. 157 countries were analyzed in the report. Based on this, Zimbabwe ranks number one among the countries with the most miserable conditions. Whereas India is at 103rd position.