Jordan fourth most miserable nation in the Middle East

World Misery IndexOpen a newspaper in the Middle East and expect to be whacked with some bad news. Still, I wasn’t prepared to read that – according to the World Misery Index (the name was a tip-off to what was coming) – Jordan (where I live) is the fourth most miserable country in the Arab world. Regionally, only people in Syria, Sudan, and Egypt are more dejected. And consider that Syria also weighed in as most-miserable in the world!

The index was published by the Troubled Currencies Project at the US-based Cato Institute, which compiles data from the World Bank, the International Monetary Fund and the National Bureau of Labor Statistics.

The project ranked one hundred and nine nations from most miserable (1) to least-miserable (109) based on the ability of each country to reduce unemployment, inflation, and lending rates, while increasing gross domestic product per capita.

Jordan earned 24.2 points out of a possible 109; unemployment is to blame. Jobless figures stood at 11.4 per cent in the third quarter of 2014, reaching 9.2 per cent among men and 22 per cent among women. According to the Jordan Department of Statistics, overall unemployment  in that time period decreased by 0.6 per cent compared with the second quarter of 2014.  Compare that to third quarter 2013 when unemployment hit a record high of 14 per cent, and things seem to be slowly ticking upwards.

Ranked 32nd globally, Jordan performed better than Spain, which ranked 11th, and Turkey, which ranked 27th.

Among Arab states, Bahrain was rated the least miserable country, followed by Qatar, Kuwait, Morocco and Algeria. The world’s least miserable country is Switzerland, trailed by Japan and China.  Perhaps Jordanians can try skiing, or add more rice to their diet.

Image from South China Morning Post

1 COMMENT

Comments are closed.

TRENDING

Should You Invest in the Private Market?

startustartup Unlike public stock exchanges, which offer daily trading, strict...

How to build a 100-year-company

Kongō Gumi is a Japanese construction company, purportedly founded in 578 A.D., making it the world's oldest documented company. What can we learn about building sustainable businesses from them?

From Pilot Plant to Global Stage: How Aduro Clean Technologies’ 2026 Expansion Signals a Turning Point for Chemical Recycling Investors Like Yazan Al Homsi

The company's Next Generation Process (NGP) Pilot Plant in London, Ontario, has officially moved into initial operating campaigns, generating the kind of structured, repeatable data that separates laboratory promise from commercial viability.

How AI Helps SaaS Companies Reduce Repetitive Customer Support Work

SaaS products are designed for large numbers of users with different levels of experience, and also in renewable energy.

Pulling Water from the Air

Faced with water shortage in Amman, Laurie digs up...

Turning Your Energy Consultancy into an LLC: 4 Legal Steps for Founders in Texas

If you are starting a renewable energy business in Texas, learn how to start an LLC by the books.

Tracking the Impacts of a Hydroelectric Dam Along the Tigris River

For the next two months, I'll be taking a break from my usual Green Prophet posts to report on a transnational environmental issue: the Ilısu Dam currently under construction in Turkey, and the ways it will transform life along the Tigris River.

6 Payment Processors With the Fastest Onboarding for SMBs

Get your SMB up and running fast with these 6 payment processors. Compare the quickest onboarding options to start accepting customer payments without delay.

Related Articles

Popular Categories