World's most [and least] miserable nations - Emirates24|7

World's most [and least] miserable nations

Public works authority (Ashghal) will carry out the projects in Al Wakrah and other southern areas. (File)

Low cost of living, plenty of jobs to choose from, salaries to maintain a decent lifestyle and manageable personal debt – all these make up a comfortable life for an average person and the land s/he lives in a perfect one.

On the other side of the spectrum, are countries that are not doing well, which means long queues of the unemployed for scarce jobs, under-paying jobs for others, high inflation rate, resulting in a below par lifestyle.

The latest Misery Index by Cato Institute, a US think tank headquartered in Washington DC, ranks 108 countries in the world according to unemployment, inflation and interest rates – and lists the most and least miserable ones.

The five most miserable countries in the world at the end of 2014 are, in order: Venezuela, Argentina, Syria, Ukraine, and Iran. In 2014, Argentina and Ukraine moved into the top five, displacing Sudan and Sao Tome and Principe.

The five least miserable are Brunei, Switzerland, China, Taiwan, and Japan. The United States ranks 95th, which makes it the 14th least miserable nation of the 108 countries on the table.

Within the Gulf Cooperation Council Countries (GCC), Saudi Arabia tops the list, with 20.35. The largest economy in the region gets a rank of 47th globally as of 2014.

Qatar, Bahrain and Kuwait are among the "least miserable" countries in the region, taking the 82nd, 91st and 92nd place, respectively. The UAE does not figure on the list.

Here are all the countries and their scores on the Misery Index: 

Rank (Worst to Best)      Country                                       Misery Index

1.                                           Venezuela                                   106.03

2.                                           Argentina                                    68

3.                                           Syria                                             63.9

4.                                           Ukraine                                       51.8

5.                                           Iran                                              49.10

6.                                           Brazil                                           42.79

7.                                           Sao Tome and Principe         42.06

8.                                           Serbia                                         40.32

9.                                           Jamaica                                      39.85

10.                                         South Africa                             39.16

11.                                         Sudan                                        38.71

12.                                        Macedonia                                36.53

13.                                        Kyrgyzstan                                35.17

14.                                        Belarus                                       34.81

15.                                        Armenia                                     34.45

16.                                        Spain                                          34.32

17.                                       Palestine                                    33.50

18.                                       Egypt                                          32.72

19.                                       Greece                                        32.02

20.                                        Cyprus                                       31.55

21.                                        Bosnia and Herzegovina     31.22

22.                                        Turkey                                       29.72

23.                                        Mongolia                                  29.25

24.                                        Belize                                          28.90

25.                                        Uruguay                                    28.37

26.                                        Honduras                                 28.07

27.                                        Dominican Republic              27.98

28.                                        Barbados                                  27.83

29.                                        Paraguay                                   27.01

30.                                        Costa Rica                                 26.87

31.                                        Croatia                                       26.77

32.                                        Kazakhstan                              26.33

33.                                        Pakistan                                    26.13

34.                                        Nicaragua                                 25.06

35.                                        Georgia                                     24.82

36.                                        Jordan                                       23.59

37.                                        Azerbaijan                               23.32

38.                                        India                                           23.14

39.                                        Cape Verge                               22.81

40.                                        Portugal                                    22.53

41.                                        Albania                                      21.60

42.                                        Russia                                        21.42

43.                                        Suriname                                  20.68

44.                                        Bhutan                                      20.63

45.                                        Algeria                                       20.50

46.                                        Indonesia                                 20.35

47.                                        Saudi Arabia                            20.35

48.                                        Bangladesh                              20.12

49.                                        Peru                                            20.09

50.                                        Colombia                                   19.61

51.                                        Moldova                                    19.27

52.                                        Bulgaria                                     19.09

53.                                        Bolivia                                        18.38

54.                                        Myanmar                                  18.37

55.                                        Italy                                            18.08

56.                                        Mauritius                                  17.82

57.                                        Estonia                                      17.57

58.                                        Romania                                   16.75

59.                                        Slovenia                                    16.63

60.                                        Slovakia                                    16.43

61.                                        Fiji                                              16.03

62.                                        Seychelles                                15.67

63.                                        Poland                                      15.54

64.                                        Sri Lanka                                  15.27

65.                                        Trinidad and Tobago           15.13

66.                                        Vietnam                                   15.02

67.                                        Hungary                                  14.94

68.                                        Latvia                                       14.94

69.                                        Morocco                                 14.75

70.                                        Chile                                         14.42

71.                                        France                                     14.17

72.                                        Lithuania                               13.96

73.                                       Ecuador                                  13.72

74.                                       Ireland                                    13.62

75.                                       Mexico                                   13.18

76.                                       Malta                                      12.73

77.                                       El Salvador                           12.56

78.                                       Australia                                12.53

79.                                       Belgium                                  12.22

80.                                       Philippines                            12.21

81.                                       Finland                                   11.79

82.                                       Qatar                                      11.79

83.                                       Iceland                                   11.66

84.                                       New Zealand                        11.47

86.                                       United Kingdom                 11.03

87.                                       Denmark                               10.96

88.                                       Czech Republic                    10.76

89.                                       Canada                                   10.62

90.                                       Netherlands                         9.94

91.                                       Bahrain                                  9.77

92.                                       Kuwait                                   9.65

93.                                      Panama                                  9.39

94.                                      Hong Kong                           9.25

95.                                      United States                      9.22

96.                                     Sweden                                 9.01

97.                                     Thailand                               7.94

98.                                     Austria                                  7.63

99.                                     Germany                              7.62

100.                                   Singapore                            7.44

101.                                   Malaysia                               7.36

102.                                   Norway                                 7.22

103.                                   South Korea                        6.86

104.                                   Japan                                     6.18

105.                                  Taiwan                                    5.91

106.                                   China                                      5.69

107.                                   Switzerland                          5.39

108.                                   Brunei                                    4.94

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