Sure , the end of a maddeningly long airdrome security department line , any straightforward substructure of the DMV , and a swelter subway system motorcar pack to the gills are arguably among the most woeful places in the entire world . But when it come to the factual most miserablecountriesin the world , an annual report from the Cato Institute has again named the nations with the highest levels of miserableness – and a few countries on the ranking might storm you .
As in previous years , Professor Steve Hanke of Johns Hopkins University used a mix of economic data point – the kernel of each res publica ’s unemployment , inflation rate , and banking loaning pace minus the percent variety in GDP per caput – to calculate a " Misery Index grade . " For the third twelvemonth in a course , the ably titled Misery Index , has namedVenezuelathe most miserable commonwealth in the world survey byUkraine , Brazil , Argentina , andSouth Africa , according to areportby Business Insider .
In fact , the study suggests that Venezuela ’s rearing misery has actuallyworsenedsince the former year ’s report , with its scotch skyrocketing from 106.3 to 214.9 year over yr . The exorbitant ascension is trust to be the result of the South American nation ’s gamey level of ostentatiousness , concord to areportby thePanAm Post . Meanwhile , Ukraine also earned more misery compass point , moving from fourth place to second station on the ranking . Other evidently low-down countries , like Syria , did not appear on the Misery Index due to the lack of economical data from Economist Intelligence Unit ( EIU ) .
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Here ’s the full ranking , including each country ’s Misery Index mark , per the Business Insider report :
15.Greece - 2914.Uruguay - 29.113.Macedonia - 29.212.Moldova - 30.411.Egypt - 31.610.Serbia - 32.39.Jamaica - 32.68.Palestinian Territory - 36.47.Iran - 36.76.Russian Federation - 37.45.South Africa - 404.Argentina - 603.Brazil - 67.82.Ukraine - 82.71.Venezuela - 214.9
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