In this article, we shall discuss the 10 most miserable countries in the world. To read our detailed analysis of the current macroeconomic outlook in 2024, the intricate link between poverty alleviation and sustainability, and corporate efforts underway to alleviate poverty rates and address climate challenges, go directly and see 30 Most Miserable Countries in the World.
10. Sudan
Insider Monkey’s Score: 90.5
Due to the hyperinflation, the unemployment rates are exceedingly high in Sudan. Some additional factors that lead to high unemployment rates include political instability, continuous conflict, poverty, and low skill levels.
9. Syria
Insider Monkey’s Score: 91
The inflation rates are extremely high in Syria. The citizens of the country have reported a sudden increase in fuel prices, which has negatively impacted their daily lives and mental health.
8. Iran
Insider Monkey’s Score: 92
Mental health problems are extremely common in Iran. A great percentage of its citizens experience symptoms of depression or anxiety disorder. The rate of suicide attempts is also high in the country.
7. Suriname
Insider Monkey’s Score: 92.5
Suriname is considered to be a poor country as most of its population lives under the poverty line, despite having an abundance of natural resources. The citizens of the country have experienced great amounts of economic inequality in recent years.
6. Sri Lanka
Insider Monkey’s Score: 93
The suicide rate in Sri Lanka is continuously increasing and is one of the most common causes of unnatural deaths. This is primarily due to unemployment or poverty. Sri Lanka has one of the highest rates of suicide in the world.
5. Venezuela
Insider Monkey’s Score: 95
Venezuela is one of the most miserable countries in the world due to various reasons, including anti-democratic governance, corruption, a bad economy, political turmoil, and the nature of the government’s policies.
4. Lebanon
Insider Monkey’s Score: 95.5
Since the last few years, the annual inflation rate of Lebanon has been in triple digits. This makes Lebanon one of the most miserable countries in the world, as it adversely impacts its economy and citizens.
3. Yemen
Insider Monkey’s Score: 96
For a substantial period, Yemen has been one of the poorest countries in the Middle East, which greatly affects the economy and the social standing of the country. In recent years, the inflation rates have been extremely high in the country.
2. South Africa
Insider Monkey’s Score: 96.5
The unemployment rate in South Africa is known to be the highest in the world. This is mainly because of high labor supply and low labor demand, slow rate of growth of the economy, and low levels of entrepreneurship.
1. Zimbabwe
Insider Monkey’s Score: 97
Zimbabwe is known to be one of the most miserable countries in the world, primarily because of extremely high inflation rates. The inflation began in 2007 and has continued to increase since, resulting in hyperinflation.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 10 Best Performing Biotech ETFs in 2024 and 15 Most Black States in the US.
