The 29 Most Miserable Countries In The World

Venezuela, is again, the most miserable nation in the world, according to new analysis published by the Cato Institute.

Cato's Misery Index ranks 108 countries based on data from the Economist Intelligence Unit and calculations from Steve Hanke, a professor of Applied Economics at Johns Hopkins University.

Professor Hanke factors in the nations' inflation, lending rates, and unemployment figures together and then subtracts year-on-year per capita GDP growth to determine "misery."

Over the last year, Venezuela's misery score jumped by nearly 27 points to 106.03 — which puts the Latin American country almost 40 points higher than the next leading nation. War-torn Ukraine and Syria soared to the top of the ranking with Ukraine jumping 19 places over a span of a year.

Unemployment and interest rates are the leading factors plaguing the majority of the nations listed.

The five least miserable are Brunei, Switzerland, China, Taiwan, and Japan. The US ranks 95th, which makes it the 14th least miserable nation. Venezuela claimed the top spot last year, followed by Iran, Serbia, Argentina, and Jamaica.

See more at The 29 Most Miserable Countries In The World

Maybe Singapore is at number 30?

After Yahoo got sued by the PAP, they have since become a mouth piece for the PAP. Posting only positive news.

micromachine said:

Maybe Singapore is at number 30?

Click to expand...

According to netizens Singapore is the most miserable country in the world.

The above article must be written by PAP IBs.

When money not enough like me then everywhere also miserable.

Wait till CCS becomes PM.

It won't be misery, it will be HELL.

The leaders in these 29 shit countries are officially lowly paid, but many quietly take bribes and have side income at the expense of public interest. If you take all these into consideration, they instantly become very expensive for the public to bear, unless our own elected leaders and civil servants, who are overwhelmingly corrupt-free.