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Ahmedabad: There is not much difference between India and America in the list of most miserable or extremely miserable countries to live in the world. The most important thing is that there is not much difference between Finland and India, which is considered to be the happiest in the World Happiness Index. The list of annual misery index of the countries of the world has been released by renowned economist Steve Hank. In this list, India is at 103rd, Finland at 109th and America at 134th position. A total of 157 countries have been included in this list. Zimbabwe tops the list of most miserable countries to live in, while Switzerland tops the list as the happiest and happiest country.
African countries are considered worst to live due to poverty, inflation and unemployment. Zimbabwe tops the list as the inflation rate is 243.8 percent which is making life difficult for its people. The report said that life in this African country is worse than in Ukraine, Syria and Sudan, which are affected by war or civil strife.
India ranks 103rd in the list of 157 countries. The index shows that unemployment is the biggest cause of misery in India. However, the index notes that the United States, the world’s largest economy and the developed country where people from all over the world dream to settle down, ranks 134th and is not the happiest country. Here the level of unemployment has come down because of which people are getting worried the most. Finland, which was the world’s happiest country five years ago, ranks 109th on the unhappiness index. Pakistan is at 35th position in this list. According to the report, the cost of essential food items for the economically poor citizens of Pakistan has skyrocketed.
Hank tweeted that the current government of Zimbabwe is responsible for price inflation inflicted on the local people. The 15 worst countries in the world to live in include Venezuela, Syria, Lebanon, Sudan, Argentina, Yemen, Ukraine, Cuba, Turkey, Sri Lanka, Haiti, Angola, Tonga and Ghana.
Switzerland tops the list of happiest countries in the world. For this, Steve Hank said that the people of this country are the happiest because the people of this country have the least debt compared to all the countries of the world. Kuwait ranks second in the list of happiest countries. It includes Ireland, Japan, Malaysia, Taiwan, Niger, Thailand, Togo and Malta as the happiest countries in the list.
How is the Misery Index calculated?
The Misery Index has been calculated by Professor Steve Hanks of North Hopkins University.
This index doubles the unemployment rate, the inflation rate, the bank lending rate minus the real GDP growth rate, which makes up the misery index. The country that comes first according to the index is considered the poorest country, while the happiest country comes last.
