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.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Bangkok 5th best city for expats in 2022

With an overall expat relocation score of 6.62, Kuala Lumpur in Malaysia ranks as the best city for expats.

Bangkok falls to 63rd place in ECA’s Cost of Living Rankings

Cities across Thailand and the Philippines have all seen drops in this year’s rankings. Bangkok fell 12 places to 63rd, continuing its move away from the global top 50, while Manila fell 10 places to 67th and Cebu City 14 places to 169th globally.