Sri Lanka among 15 most miserable countries
Sri Lanka has been ranked as the 11th most miserable country in the Hanke’s Annual Misery Index (HAMI) 2022.
Economist Steve Hanke’s index provided rankings for a total of 157 countries. The index is the sum of the year-end unemployment, inflation, and bank-lending rates, minus the annual percentage change in real GDP per capita.
Zimbabwe has been ranked as the ‘most miserable country’ in the Index.
Among the countries ranked, Zimbabwe, Venezuela, Syria, Lebanon, Sudan, Argentina, Yemen, Ukraine, Cuba, Turkey, Sri Lanka, Haiti, Angola, Tonga, and Ghana emerged as the 15 most miserable countries worldwide.
Among the 157 countries analysed, Switzerland emerged as the least miserable, occupying the top position (157) on the list.
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- Sri Lanka’s Central Bank to hold rates as inflation stays high May 31, 2023
- Sri Lanka to initiate new online passport application system May 30, 2023
- India extends USD 1 Billion Credit Line for Sri Lanka until March 2024 May 30, 2023
- Cabinet approves resume of the Colombo Light Rail Transit project May 30, 2023
- Sri Lanka Government to implement strict law enforcement against religious disharmony May 30, 2023
- Food insecurity improved in Sri Lanka but prevails within specific regions – FAO and WFP May 29, 2023