Syria ranked third in the list of the “Misery Index” for the year 2022, according to a report issued by the “National Review” magazine prepared by the American professor of economics, Steve Hanke, to monitor the most miserable countries around the world.
Zimbabwe ranked first as the most miserable country in the list of 157 countries, followed by Venezuela, Syria, Lebanon, Sudan, Argentina, Yemen, Ukraine, Cuba and Turkey.
In the opposite direction, Switzerland topped the ranking of the happiest countries in the world in 2022, followed by Kuwait, Ireland, Japan, Malaysia, Taiwan, Niger, Thailand, Togo, Malta, and this came as a result of the prosperous economic situation in those countries.
The Hankey Misery Index measures unemployment, inflation, the lending rate, and the change in per capita GDP.
Hanke said that the human condition fluctuates between misery and happiness, and in the economic field, misery occurs as a result of high inflation, high borrowing costs, and unemployment, and the sure way to alleviate this misery is through economic growth.
“Comparing countries’ measures can tell us a lot about where people feel miserable or happy,” he added.
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