New Delhi: South African country Zimbabwe has got the first place in the list of World Most Miserable Countries. According to renowned economist Steve Hanke’s Annual Misery Index (HAMI), Zimbabwe is economically the worst country in the world, where most people are unhappy. The condition of Zimbabwe is worse than that of war-torn Ukraine, Syria, and Sudan.
Zimbabwe is plagued by skyrocketing inflation, which reached 243.8 percent last year. Steve Hanke has also blamed the policies of President Emmerson Mnangagwa and the ruling party ZANU-PF for the plight of the country.
Parameters of 2022 Ranking
The basis of Hanke’s report is decided according to the economic conditions. 157 countries have been analyzed in this ranking. Hanke calculated the 2022 ranking of Hanke’s Annual Misery Index, taking into account factors such as unemployment, inflation, bank-lending rates, and percentage changes in GDP.
Top-15 worst countries
After Zimbabwe, the names of Venezuela, Syria, Lebanon, Sudan, Argentina, Yemen, Ukraine, Cuba, Turkey, Sri Lanka, Haiti, Angola, Tonga, and Ghana are included in the top-15 in the index.
India at 103rd position
The name of India has also been included in this index. India has been placed at 103 ranks in the index. India has performed better than countries like Brazil (Rank 27), Pakistan (Rank 35), Nepal (Rank 63), and Sweden (Rank 88).
