This chart shows Misery Index - 2016.
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.
The data for the misery index is obtained from unemployment data published by the U.S. Department of Labor and the Inflation Rate from the Bureau of Labor Statistics. The exact methods used for measuring unemployment and inflation have changed over time, although past data is usually normalized so that past and future metrics are comparable.
The ranking of 63 economies is compiled by adding a country's jobless rate and inflation, a long-standing calculation in which a higher score indicates more misery. Venezuela's 159.7 tally for the 2016 misery index done by Bloomberg quadruples the next-worst ranking Argentina.
7 years ago