AMMAN
— Jordan Ranks 6th Most Miserable in Arab World and 31st Globally in 2023
Misery Index. The main reason for Jordan's sense of misery is unemployment.
The
index, issued annually by Steve Hanke, an applied economics professor at Johns
Hopkins University, ranks 157 countries worldwide based on unemployment rates,
inflation, debt levels, and changes in GDP per capita, Khaberni reported.
Argentina
engulfed in a deep economic crisis, replaced Zimbabwe as the most miserable
state, with inflation exceeding 250 percent. The banking lending rate stood at
95.5 percent, highlighting the dire economic conditions in this South American
country for 2023.
16
out of the 20 most miserable countries in 2022 remained unchanged in the 2023
ranking, with Cuba, Sri Lanka, Ghana, and Rwanda dropping out of the list,
while Egypt, Pakistan, Malawi, and Myanmar (Burma) joined.
The
top 20 least miserable countries remained mostly unchanged between 2022 and
2023, with Ireland, Kuwait, Niger, Vietnam, Israel, the UAE, and Norway exiting
the list, and Fiji, Bahrain, Denmark, Hong Kong, Germany, Mali, and Belgium
joining.
Top 20 Most Miserable Rankings:
- Argentina: 321.8 points
- Venezuela: 276.3
- Lebanon: 266.1 points
- Syria: 251.4 points
- Zimbabwe: 242.2 points
- Sudan: 212.9 points
- Turkey: 108.5 points
- Tonga: 77.9 points
- Yemen: 76.7 points
- South Africa: 75.6 points
- Iran: 73.2 points
- Malawi: 73.2 points
- Pakistan: 71.0 points
- Angola: 67.4 points
- Myanmar: 65.4 points
- Bosnia and Herzegovina: 65.2
points
- Ukraine: 65.0 points
- Egypt: 64.8 points
- Haiti: 64.4 points
- Suriname: 63.6 points
اضافة اعلانTop 20 Least Miserable Countries:
- Thailand (6.6 points)
- Japan (7.0 points)
- Switzerland (8.7 points)
- Qatar (9.3 points)
- Malta (9.5 points)
- China (9.8 points)
- Ivory Coast (11.0 points)
- Taiwan (11.2 points)
- Togo (11.2 points)
- Netherlands (11.9 points)
- South Korea (12.0 points)
- Oman (12.2 points)
- Fiji (12.2 points)
- Bahrain (12.5 points)
- Denmark (12.7 points)
- Malaysia (12.8 points)
- Hong Kong (13.0 points)
- Germany (13.5 points)
- Mali (14.0 points)
- Belgium (14.2 points
Arab Countries' Rankings from Most
Miserable to Least Miserable:
- Lebanon (3rd globally)
- Syria (4th globally)
- Sudan (6th globally)
- Yemen (9th globally)
- Egypt (18th globally)
- Jordan (31st globally)
- Iraq (33rd globally)
- Algeria (36th globally)
- Tunisia (38th globally)
- Libya (45th globally)
- Mauritania (50th globally)
- Morocco (56th globally)
- Saudi Arabia (63rd globally)
- Kuwait (126th globally)
- UAE (136th globally)
- Bahrain (144th globally)
- Oman (145th globally)
- Qatar (154th globally)
Lebanon
tops the Arab countries' list, ranking 3rd globally, driven primarily by high
inflation rates. Inflation was also the main factor in the rankings of Syria,
Sudan, and Egypt. Meanwhile, unemployment rates were the primary factor in the
rankings of Yemen, Iraq, Jordan, Algeria, Tunisia, Libya, Mauritania, Morocco,
Saudi Arabia, and Kuwait. The banking lending rate was the main factor in the
UAE, Kuwait, Bahrain, Oman, and Qatar's rankings.
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