The world’s happiest economies this year will look similar to last year’s rankings published by Bloomberg. Thailand, in part due to unique structural issues that allow more people to count as employed, will stay as least miserable.

Singapore, for which survey data is newly available this year, will debut at second-best. Switzerland, Taiwan and Japan will keep top-five status from 2015.

Switzerland’s case is cautionary for fans of the misery index: While the Swiss are slated to enjoy continued low joblessness, economists see falling consumer prices this year.

Discounts can be great for consumers, but also could portend deeper problems within the economy. Switzerland, for its part, is still trying to maintain currency stability since dropping its currency cap a year ago.

miseryindex2016

Misery index calculations were compiled using the median estimates in Bloomberg economic surveys from the past three months. Figures for 2015 inflation and unemployment data reflect the average over the year and use the most current data available for each country.

Source: These Are the World’s Most Miserable Economies – Bloomberg Business

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You May Also Like

Galaxy and MGM ready to roll the dice in Thailand

The two casino operators, Galaxy and MGM, are apparently keen to tap into Thailand’s potential as a gaming hub in Southeast Asia. Both companies have established local offices in Bangkok and have been conducting market research and lobbying efforts, according to sources.

Thailand ranked third-best destination in the world for digital nomads

The study analysed 25,976 Instagram posts with the hashtag #digitalnomad and used geotagged locations to determine the most popular countries and cities.

Why work remotely in Thailand?

If you are looking for remote work opportunities in Thailand, you have plenty of options to choose from. You can either work for an existing company that allows remote work or start your own online business or freelance service