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The 25 Most Miserable Places In The World - Foreign Affairs - Nairaland

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The 25 Most Miserable Places In The World by rakumiii(m): 10:47am On Feb 23, 2013
The misery index, a crude economic measure created by Arthur Orkum, sums a country's unemployment and inflation rates to assess conditions on the ground (the higher the number, the more miserable a country is). The reasoning: most citizens understand the pain of a high jobless rate and the soaring price of goods.

Business Insider totaled the figures for 197 countries and territories — from Afghanistan to Zimbabwe — to compile the 2013 Misery Index.

Note: Results are based on CIA World Factbook data, which estimates figures for countries and territories that do not have reliable local reporting agencies. The CIA World Factbook was last updated on February 11, 2013.


25. Mali


Flickr/ravpixMisery index score: 36.5
CPI inflation: 6.5%
Unemployment: 30%

One of the poorest countries in the world, Mali depends on gold mining and agricultural exports for revenue, which is why the country's fiscal status depends on gold and food prices. About 10% of the population is nomadic and about 80 percent of the working labor force is engaged in farming and fishing.


24. Mauritania
[img][/img]
Misery index score: 37
CPI inflation: 7%
Unemployment: 30%

Half the population is still dependent on agriculture and livestock to earn a living, and poverty is rampant. The local economy depends heavily on commodities exports, mostly of iron ore. These exports are pretty much the only reason why Mauritianian economy grew 5 percent last year.


23. Iran


Flickr/[CDS] SoHoMisery index score: 39.1
CPI inflation: 23.6%
Unemployment: 15.5%

Price controls, subsidies, and other rigidities under mine private sector growth, and are proving to be a real drag on the economy, as is a rapidly depreciating currency. Which is why corruption is rampant, and illegal business activities abound. The economy is also heavily dependent on oil, and has suffered from international sanctions. Unemployment persists at double digit levels.


22. Maldives
[img][/img]
Misery index score: 40.8
CPI inflation: 12.8%
Unemployment: 28%

It's a lovely place to vacation at, and a good thing too—tourism accounts for 30% of Maldives' GDP and more than 60 percent of foreign exchange receipts. But falling tourist arrivals and heavy government spending have taken a toll on the local economy, cause high inflation and an unemployment rate that's nearly double since 2010.


21. Gaza Strip

[img]http://l.yimg.com/bt/api/res/1.2/8.5ewvoJffdMMgFXAI14ww--/YXBwaWQ9eW5ld3M7cT04NTt3PTMxMA--/http://media.zenfs.com/en_us/News/Reuters/2013-02-13T151742Z_1320435722_GM1E92D1SO301_RTRMADP_3_PALESTINIANS-EGYPT-TUNNELS.[/img]
REUTERS/Ibraheem Abu MustafaMisery index score: 43.5
CPI inflation: 3.5%
Unemployment: 40%

Ever since Hamas seized control of Israel in June 2007, Israeli-imposed border closures led to a deterioration of an already weak economy—more unemployment, elevated poverty rates and a sharp contraction of the private sector which relied primarily on exports.


20. Bosnia and Herzegovina
[img][/img]
Misery index score: 45.5
CPI inflation: 2.2%
Unemployment: 43.3%

Inter-ethnic warfare between 1992 and 1995 caused unemployment to soar and production to plummet by 80 percent, and the country hasn't quite recovered ever since. The local currency is pegged to the euro, which keeps inflation in check. In 2011, a parliamentary deadlock left Bosnia without a state-level government for over a year, which caused the IMF to stop disbursing aid.


19. Yemen


AP Photo/Hani MohammedMisery index score: 46.4
CPI inflation: 11.4%
Unemployment: 35%

Heavily dependent of declining oil resources, 25 percent of the country's GDP comes from petroleum. Yemeni GDP fell by more than 10 percent in 2011, but this decline slowed to 1.9 percent in 2012. The government is trying to diversify the economy, but has to deal with declining water resources, high unemployment, and a high population growth rate.


18. Haiti
[img][/img]
Misery index score: 46.5
CPI inflation: 5.9%
Unemployment: 40.6%

Even before the earthquake in 2010, 80 percent of the Haitian population lived under the poverty line, and 54 percent in abject poverty, and large section of the population has poor access to education. The country is still recovering from the affects of the earthquake, and has to deal with rampant corruption.


17. Swaziland


Wikimedia CommonsMisery index score: 48.4
CPI inflation: 8.4%
Unemployment: 40%

Swaziland is heavily dependent on South Africa—that were 60 percent of its exports go, and 90 percent of its imports come from. The global economic crisis hit Swaziland exports hard, and declining revenue has pushed the country into fiscal crisis. The local currency is pegged to the South African rand, so inflation isn't too bad, but the country suffers from high unemployment.


16. Afghanistan
[img][/img]
Misery index score: 48.8
CPI inflation: 13.8%
Unemployment: 35%

Afghanistan is still recovering from decade of conflict and still has to deal with high levels of corruption, weak government capacity, and poor public infrastructure. Foreign aid, agriculture and a growing service sector industry are helping the country recover, but it still suffers from high inflation and unemployment.


15. Marshall Islands

Misery index score: 48.9
CPI inflation: 12.9%
Unemployment: 36%

The best thing the local economy has going for is assistance from the U.S. government. Tourism is its best hope for economic growth, but currently employs only 10 percent of the labor force. Government downsizing, drought, a drop in construction, the decline in tourism, and less income from the renewal of fishing vessel licenses have been a drag on the economy.


14. Senegal
[img][/img]
Misery index score: 49.5
CPI inflation: 1.5%
Unemployment: 48%

Despite receiving a lot of foreign aid, Senegal suffers from unreliable power supply, which has led to public protests and is partly the cause of high unemployment.


13. Kenya


All rights are to Nuru InternationalMisery index score: 50.1
CPI inflation: 10.1%
Unemployment: 40%

Corruption and reliance on a few specific primary goods whose prices have remained low have been holding Kenya's economy back. Unemployment has historically been very high, and remains so. However, oil was discovered in Kenya in March 2012, which might help revive its sagging economy.


12. Lesotho
[img][/img]
Misery index score: 51.1
CPI inflation: 6.1%
Unemployment: 45%

Lesotho has the third highest GINI coefficient in the world, which means that income inequality is particularly high here. Growth is expected to increase due to major infrastructure projects, but weak manufacturing and agriculture sectors are a drag on the economy. Rampant unemployment is also a big problem.


11. Sudan

Misery index score: 51.5
CPI inflation: 31.5%
Unemployment: 20%

The secession of South Sudan in July 2011, the region of the country that had been responsible for about three-fourths of the former-Sudan's oil production, was a huge blow to Sudan's economy. The country is currently trying to find new ways to generate revenue, not very successfully. Sudan introduced a new currency, called the Sudanese pound, but the value of the currency has been falling since its introduction. Rising inflation, which hit 47 percent in November on an annualized basis, is a huge problem.


10. Syria
[img][/img]
Misery index score: 51.7
CPI inflation: 33.7%
Unemployment: 18%

Syria's economy is still getting slammed by the conflict that began in 2011. In 2012, Syrian GDP contracted because of international sanctions and reduced domestic consumption and production. In addition to a rising unemployment rate—it rose by more than three percentage points in 2012, the country is also experiencing high inflation as the Syrian pound continues to fall.


9. Kosovo


REUTERS/Bojan SlavkovicMisery index score: 53.6
CPI inflation: 8.3%
Unemployment: 45.3%

The poorest country in Europe, the average annual per capita income is $7,400. Remittances from other European countries, primarily Switzerland, Germany and the Nordic countries account for 18 percent of GDP. Though Kosovo's economy has show significant process in transitioning to a market-based system in the past few year, rampant unemployment remains a problem.


8. Nepal
[img][/img]
Misery index score: 54.3
CPI inflation: 8.3%
Unemployment: 46%

One of the least developed countries in the world, about a quarter of Nepal's population lives below the poverty line. Agriculture drives the Nepalese economy, accounting for more than a third of its GDP. Civil strife, labor unrest, its landlocked geographic location and susceptibility to natural disaster exacerbate its already weak economy.


7. Namibia

Misery index score: 57
CPI inflation: 5.8%
Unemployment: 51.2%

Heavily dependent of the its mineral resources, Namibia exports a lot of diamonds, uranium, and gold. However, the mining sector employs only 3 percent of the country's labor force. Since there isn't much else going on, almost half of Namibia's workers are without jobs. Income inequality is absurd here—even though the country boasts a high GDP per capita, Namibia has the highest GINI coefficients: 70.7%.


6. Djibouti
[img][/img]
Misery index score: 63.3
CPI inflation: 4.3%
Unemployment: 59%

Thanks to scanty natural resources and little industry, unemployment in Djibouti is ridiculously high. The only reason inflation is low is because the Djiboutian franc is tied to the dollar. As a result, the Djiboutian franc is artificially high, which make it even more difficult for the country to pay its debts.


5. Turkmenistan


Flickr/David StanleyMisery index score: 70.5
CPI inflation: 10.5%
Unemployment: 60%

Agriculture accounts for only 8 percent of Turkmenistan's revenue, but employs half the country's workforce. The country suffers from rampant corruption and mismanagement from its authoritarian government. And it isn't going to get any better. According to the CIA Factbook, "Overall prospects in the near future are discouraging because of endemic corruption, a poor educational system, government misuse of oil and gas revenues, and Ashgabat's reluctance to adopt market-oriented reforms."


4. Belarus
[img][/img]
Misery index score: 71
CPI inflation: 70%
Unemployment: 1%

In 2011, a financial crisis began in Belarus, triggered by government directed salary hikes unsupported by productivity trends. Despite receiving billions of dollars from the Russian-dominated Eurasian Economic Community Bail-out Fund, the Russian state-owned bank Sberbank, and selling the Beltranzgas to Russian state-owned Gazprom for $2.5 billion, to try and help stabilize the economy, the Belarusian ruble lost 60 percent of its value in 2012 and is still falling.

But at least almost every Belarusian looking for a job has one—with around 50 percent of the labor force employed by the government, the country boasts one of the lowest unemployment rates in the world.


3. Burkina Faso


REUTERS/Joe PenneyMisery index score: 81.5
CPI inflation: 4.5%
Unemployment: 77%

Burkina Faso has a large population and very limited natural resources. The country's economy depend on agriculture, cotton and gold. The country is still reeling from the after effects of a severe drought in 2011 which decimated grazing land and harvests, and the country suffers from rampant unemployment.

Even so, things are better than they used to be. According to CIA Factbook, "The risk of a mass exodus of the 3 to 4 million Burinabe who live and work in Cote D'Ivoire has dissipated and trade, power, and transport links are being restored."


2. Liberia
[img][/img]
Misery index score: 90.5
CPI inflation: 5.5%
Unemployment: 85%

A low income country heavily reliant on foreign aid, Liberia's economy was destroyed by civil war and government mismanagement. In 2010, Liberia was so poor that countries that $5 billion of international debt was permanently eliminated. Thought the local economy has been growing at a fast pace in the past two year, it has been mostly because of rich natural resources and high commodity prices. Which is why 85 percent of the country's labor force cannot find steady employment.


1. Zimbabwe

Misery index score: 103.3
CPI inflation: 8.3%
Unemployment: 95%

Several human rights organizations have called out the government of Zimbabwe of violating basic rights like freedom of assembly and the protection of the law. Violence and intimidation are common in political tactics, and political leaders have mostly failed to agree any any key outstanding governmental issues in the past few years. Zimbabwe's economic growth is slowing, in part because of poor harvests and low diamond revenues. According to the CIA Factbook, "the government of Zimbabwe still faces a number of difficult economic problems, including infrastructure and regulatory deficiencies, ongoing indigenization pressure, policy uncertainty, a large external debt burden, and insufficient formal employment."

The local unemployment rate is estimated to be 95 percent, though the CIA Factbook caveats that the true unemployment is "unknowable" under current economic conditions. Though the inflation rate has stabilized of late, Zimbabwe faced massive hyperinflation between 2003 and 2009.

4 Likes

Re: The 25 Most Miserable Places In The World by rakumiii(m): 10:58am On Feb 23, 2013
I have to say I was really shocked when I didnt see Nigeria on thie list. I wonder if someone payed someone to remove Nigeria from the list.

49 Likes

Re: The 25 Most Miserable Places In The World by Lilnikee(m): 12:09pm On Feb 23, 2013
Nigeria is not Bad afterall..

11 Likes

Re: The 25 Most Miserable Places In The World by Nobody: 12:28pm On Feb 23, 2013
Yea right I sure as hell ain't shock to see Liberia there.

Lord what happen to our country? cry cry cry cry cry

1 Like

Re: The 25 Most Miserable Places In The World by rakumiii(m): 2:20pm On Feb 23, 2013
Nigeria's GDP is too high that it cannot be considered as a suffering or miserable country. It is very ironic because with all the money Nigeria is making, we all know the citizens could be living large like the ARAB guys. The government has enough money to pay for everybody's education all the way to college level.
Re: The 25 Most Miserable Places In The World by rakumiii(m): 2:46pm On Feb 23, 2013
GDP

Nigeria - $244 Billion (2011)
Angola - $104 Billion (2011)
Libya - $62 Billion (2009)


Living conditions is 100 times better in Libya than in Nigeria

1 Like

Re: The 25 Most Miserable Places In The World by free2ryhme: 8:01pm On Feb 23, 2013
how come somalia is not on this list?

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Re: The 25 Most Miserable Places In The World by Nobody: 8:01pm On Feb 23, 2013
Nigeria isnt on the list 'shouts alleluia'

1 Like

Re: The 25 Most Miserable Places In The World by Nobody: 8:03pm On Feb 23, 2013
free2ryhme: how come somalia is not on this list?
i though that too
how about congo or is the dr congo.....not sure which one

1 Like

Re: The 25 Most Miserable Places In The World by Nobody: 8:04pm On Feb 23, 2013
Where is Nigeria!
Re: The 25 Most Miserable Places In The World by cold(m): 8:04pm On Feb 23, 2013
Lilnikee: Nigeria is not Bad afterall..
I agree. Our problems are multifarious but not insurmountable

2 Likes

Re: The 25 Most Miserable Places In The World by Nobody: 8:04pm On Feb 23, 2013
The list is a joke!! Most of the countries on the list are communist countries that are anti-west!!!

Any list without Nigeria in the top-10 is a miserable list - fvck CIA!!

How did Iran, Belarus, maldives, Swaziland, Senegal, Marshall Island, Kenya, Lesotho etc. make the list and a failed state like Nigeria isn't on there?? SMFDH!

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Re: The 25 Most Miserable Places In The World by delors(m): 8:05pm On Feb 23, 2013
rakumiii: I have to say I was really shocked when I didnt see Nigeria on thie list. I wonder if someone payed someone to remove Nigeria from the list.

Give one reason why Nigeria should be on that list you Camel!

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Re: The 25 Most Miserable Places In The World by Nobody: 8:05pm On Feb 23, 2013
dvdon: Where is Nigeria!
Nigeria aint that bad

1 Like

Re: The 25 Most Miserable Places In The World by Temismith(f): 8:05pm On Feb 23, 2013
Was i suppose to read all dis turenchi u wrote here or just see d pix nd move on? angry
Re: The 25 Most Miserable Places In The World by manny4life(m): 8:06pm On Feb 23, 2013
That Nigeria isn't on the list the people aren't miserable... anyway, still good for naija. oto dili nu jesu, n'andu ebe be... Amen

1 Like

Re: The 25 Most Miserable Places In The World by free2ryhme: 8:07pm On Feb 23, 2013
adaobi123:
i though that too
how about congo or is the dr congo.....not sure which one


or are they afraid of the alqaeda extension that operates there?

1 Like

Re: The 25 Most Miserable Places In The World by delors(m): 8:07pm On Feb 23, 2013
shymexx: The list is a joke!! Most of the countries on the list are communist countries that are anti-west!!!

Any list without Nigeria in the top-10 is a miserable list - fvck CIA!!

How did Iran, Belarus, maldives, Swaziland, Senegal, Marshall Island, Kenya, Lesotho etc. make the list and a failed state like Nigeria isn't on there?? SMFDH!
Bros, open u gaddamn eyes n brain...Nigeria cannot be ranked alongside Iran, Sudan, Mali...etc How many Malians have access to the internet you are using to post this yeye comment on Nairaland right now? dull brains!!!!

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Re: The 25 Most Miserable Places In The World by MMM2(m): 8:07pm On Feb 23, 2013
26. Northen part of Nigeria cry angry

9 Likes

Re: The 25 Most Miserable Places In The World by chemberlin(m): 8:08pm On Feb 23, 2013
How come Ajegule, mushin, bariga, oshodi, and warri is not on the list....NIgerians like to dey do ojoro to much

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Re: The 25 Most Miserable Places In The World by gen2briz(m): 8:10pm On Feb 23, 2013
Now I have to believe that GEJ is working........ Waiting for haters

1 Like

Re: The 25 Most Miserable Places In The World by LeOstrich: 8:11pm On Feb 23, 2013
This index is a National Rating, If your search for the list for worst cities, Lagos ranks within the 3rd worst city to live in the world.

Eko No go baje! grin grin grin grin

http://www.telegraph.co.uk/property/propertypicturegalleries/9478023/The-worlds-10-worst-cities-to-live-in.html?frame=2311073
Re: The 25 Most Miserable Places In The World by Nobody: 8:13pm On Feb 23, 2013
Men did anyone notice those majority of those countries are in africa or filled with muslims oh i weep for the dark race cry
Re: The 25 Most Miserable Places In The World by Nobody: 8:13pm On Feb 23, 2013
delors:
Bros, open u gaddamn eyes n brain...Nigeria cannot be ranked alongside Iran, Sudan, Mali...etc How many Malians have access to the internet you are using to post this yeye comment on Nairaland right now? dull brains!!!!

You mean the same Iran that the yanks call an intellectual property, no??

The same Iran with a GDP twice that of Nigeria with half our population, no??

The same Iran that has the 2nd largest proven crude oil reserve in the world, no??

The same Iran that produces its own military hardware, no??

The same Iran that exports 10 times the megawatts of electricity Nigeria generates, no??

You must be having a laugh, mate!! Iran is 50years ahead of Nigeria in everything despite back breaking sanctions - quote me!!

36 Likes

Re: The 25 Most Miserable Places In The World by Nobody: 8:14pm On Feb 23, 2013
For those thinking Nigeria should be on that list, think again. Nigeria is a super rich nation! tongue

1 Like

Re: The 25 Most Miserable Places In The World by delors(m): 8:15pm On Feb 23, 2013
chemberlin: How come Ajegule, mushin, bariga, oshodi, and warri is not on the list....NIgerians like to dey do ojoro to much
What part of Mushin exactly are u talking about bros becos na for there me I grow oooo....and i dont see myself being ranked alongside a Bokoharam trained Malian terrorist...WATCH!!!!!!!!!
Re: The 25 Most Miserable Places In The World by taharqa: 8:15pm On Feb 23, 2013
shymexx: The list is a joke!! Most of the countries on the list are communist countries that are anti-west!!!

Any list without Nigeria in the top-10 is a miserable list - fvck CIA!!

How did Iran, Belarus, maldives, Swaziland, Senegal, Marshall Island, Kenya, Lesotho etc. make the list and a failed state like Nigeria isn't on there?? SMFDH!
You bliv Nigeria is as Miserable as yourself. Stu.pid frustrated things...

13 Likes

Re: The 25 Most Miserable Places In The World by Bluemosquito(m): 8:16pm On Feb 23, 2013
When i opened this thread, i thought for once, is this another bad news 4 naija? As i scrolled from lowest to highest i didnt see Nigeria, then i said to myself "what are wonderful world". Nigeria aint that bad jor . . . .

4 Likes

Re: The 25 Most Miserable Places In The World by Rastamann: 8:16pm On Feb 23, 2013
Nigeria's GDP is too high that it cannot be considered as a suffering or miserable country. It is very ironic because with all the money Nigeria is making, we all know the citizens could be living large like the ARAB guys. The government has enough money to pay for everybody's education all the way to college level.

Are you talking about the corruption-induced GDP coupled with a hostile social, economic and business

1 Like

Re: The 25 Most Miserable Places In The World by Nobody: 8:17pm On Feb 23, 2013
adaobi123:
Nigeria aint that bad
Yes more reason why d North is a safe heaven for all.
Re: The 25 Most Miserable Places In The World by Nobody: 8:17pm On Feb 23, 2013
jammyng: For those thinking Nigeria should be on that list, think again. Nigeria is a super rich nation! tongue

Iran has more oil and natural gas in its region of the Caspian sea than everything Nigeria has - Nigeria is a poor country!
Re: The 25 Most Miserable Places In The World by delors(m): 8:17pm On Feb 23, 2013
jammyng: For those thinking Nigeria should be on that list, think again. Nigeria is a super rich nation! tongue
Abeg, tell them o...cos this one wey dem dey do like mumu so dey yarn bone thugs on nairaland, I tire o...if na so we miserable reach, sey Seun Osewa go own Nairaland abi all these mumu members wey dey use android post yeye comments on Nairaland go get access to internet?

4 Likes

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