• Latest
  • Trending

Nigeria ranked sixth most miserable country in the world

April 2, 2019
Falz to join #EndSARS protest

“ I don’t fear death ” – Rapper Falz

April 6, 2023
Mr-Eazi-congratulates-Joeboy

“Crib Number 4! It’s plenty! Mr. Eazi congratulates Joeboy as he spends millions on a new home and cars

April 3, 2023
Khosi-wins-Big-Brother-Titans

Khosi of South Africa wins Big Brother Titans

April 2, 2023
Davido-wife-chioma-and-son-Ifeanyi

“The support I got from everyone helped me stand up again“- Davido

April 2, 2023
Side-chick-poison

Side chick poison’s sugar daddy’s family

April 2, 2023
Portable-toaface 6-count-charges

Singer Portable arrested , to face 6-count charges

April 2, 2023
Blessing-okoro

Blessing Okoro in court over alleged cyberbullying

April 2, 2023
Sandra Iheuwa

Sandra Iheuwa laments that “all I attract are talking stages.”

April 2, 2023
Slay-queen-Ennies-disgraced

Slay queen disgraced for allegedly claiming her boyfriend’s house in Lekki breaks silence

April 1, 2023
Wizkid-supports-for-Davido-timeless-album

“ Y’ all go listen to Timeless by my brother ” – Wizkid drops support for Davido’s new album

April 1, 2023
BBNaija-Nini-and-Saga-engagement

Nini and Saga are engaged (Photos/Video)

April 1, 2023
“ I don’t cheat, I pay the bills “ – Singer Chris Perry reveals why his wife is submissive

“ I don’t cheat, I pay the bills “ – Singer Chris Perry reveals why his wife is submissive

March 31, 2023
  • Biography
  • Entertainment news
  • History
  • Motivational / Gospel Playlist
  • Music
  • Politics
  • Privacy Policy
  • Sports
  • Throwback Music
  • Video
  • Viral
Sunday, May 28, 2023
  • Login
Exoticempire
No Result
View All Result
No Result
View All Result
Exoticempire
No Result
View All Result

Nigeria ranked sixth most miserable country in the world

Ruthie K by Ruthie K
April 2, 2019
in Entertainment news
0

Nigeria ranked sixth most miserable country in the worldAccording to a Vanguard report, the recently published report by Steve Hanke, an economist from John Hopkins University in Baltimore, United state, listed Nigeria, Venezuela, Iran, Brazil, others among the first ten (10) miserable countries in the world.
According to the report Venezuela was listed as the most miserable country in the world. Reacting to this Hanke said, “Venezuela holds the inglorious title of the most miserable country in the world in 2018, as it did in 2017, 2016, and 2015.”
However, Argentina jumped to the No. 2 spot after yet another peso crisis. Since its founding, Argentina has been burdened with numerous economic crises. Most can be laid at the feet of domestic mismanagement and currency problems (read: currency collapses). Iran took third in the ranking, before Brazil that made it to the fourth position.
Turkey took the fifth position as the giant of Africa Nigeria emerged sixth. The Misery Index was calculated using economic indices including unemployment, inflation and bank lending rates. For Nigeria, unemployment rate was the major contributing factor to its miserable state.
According to Hanke, “The first Misery Index was constructed by economist Art Okun in the 1960s as a way to provide President Lyndon Johnson with an easily digestible snapshot of the economy. That original Misery Index was just a simple sum of a nation’s annual inflation rate and its unemployment rate. The Index has been modified several times, first by Robert Barro of Harvard and then by myself.
“My modified Misery Index is the sum of the unemployment, inflation and bank lending rates, minus the percentage change in real GDP per capita. Higher readings on the first three elements are “bad” and make people more miserable. These are offset by a “good” (GDP per capita growth), which is subtracted from the sum of the “bads.”
A higher Misery Index score reflects a higher level of “misery,” and it’s a simple enough metric that a busy president, without time for extensive economic briefings, can understand at a glance.
“The accompanying table contains Misery Index rankings for the 95 nations that report relevant data on a timely basis. For consistency and comparability, and with few exceptions, data were retrieved from the Economist Intelligence Unit.”

Read Also: 👇🏾

www.exoticempire.com.ng

Share this:

  • Tweet
  • Email
  • WhatsApp
  • Telegram
  • Share on Tumblr
  • Pocket
  • Print

Like this:

Like Loading...

Related Posts

Falz to join #EndSARS protest
Entertainment news

“ I don’t fear death ” – Rapper Falz

April 6, 2023
Mr-Eazi-congratulates-Joeboy
Entertainment news

“Crib Number 4! It’s plenty! Mr. Eazi congratulates Joeboy as he spends millions on a new home and cars

April 3, 2023
Khosi-wins-Big-Brother-Titans
BBTitans

Khosi of South Africa wins Big Brother Titans

April 2, 2023
Davido-wife-chioma-and-son-Ifeanyi
Entertainment news

“The support I got from everyone helped me stand up again“- Davido

April 2, 2023
Side-chick-poison
Viral

Side chick poison’s sugar daddy’s family

April 2, 2023
Next Post

[Video]Sars’ Stray bullet kills boy watching EPL Match in Lagos

Drop Your Comments Below Cancel reply

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 1,803 other subscribers
No Result
View All Result

Categories

  • Album
  • BBNaija
  • BBTitans
  • Education
  • Entertainment news
  • EP
  • History
  • Lyrics
  • Music
  • Politics
  • Sponsored Post
  • Sports
  • Video
  • Viral

Follow us on Twitter

My Tweets

Instagram

“Crib Number 4! It’s plenty! Mr. Eazi (@exoticempiremedia) congratulates Joeboy(@joeboyofficial) as he spends millions on a new home and cars | Well-known Afrobeat singer Joseph Akinwale, popularly known as Joeboy, deserves a lot of praise. On Sunday, April 2, the coroner of “Sip my alcohol” displayed the most recent addition to his property portfolio on his Instagram page. He shared a photograph of himself before his palatial house and two Mercedes Benz, and wrote ; “LAVIDA BOY.” His followers, colleagues, and fans have all responded strongly to the post since it was posted. LINK : https://exoticempire.com.ng/crib-number-4-its-plenty-mr-eazi-congratulates-joeboy-as-he-spends-millions-on-a-new-home-and-cars/ #exoticempire #exoticempireblog #exoticempiremedia #korra #korraobidi #divorce #donjazzy #tundeednut #kingtundeednut #instagram #instagramers #instagramreels #reelsinstagram #instagramhub #explore #explorepage #exploremore #exploreeverything #explorer #explorepage✨ #exploring #explorar #ᴇxᴘʟᴏʀᴀʀ #joeboy #mreazi #house #musician #car #peterobi #khosi
“The support I got from everyone helped me stand up again“- Davido (@davido) | Davido, the Afrobeats superstar, has spoken out for the first time about the tragic death of his 3-year-old son Ifeanyi. “The support I got from everyone helped me stand up again.” The musician who just released an album says that the loss of his son had some effect on the work in an interview with CNN.
Side chick allegedly poison’s sugar daddy’s family for refusing to take her as second wife | A Twitter user whose handle is Simon has revealed that a side chick allegedly poisoned the married man she was dating as well as six members of his family for refusing to take her as her second wife. He claimed that the side chick wanted to be the man’s second wife, but when he refused, she came up with a clever plan to hurt him.
Singer Portable arrested , to face 6-count charges due to unruly behavior | A Twitter user whose handle is Simon has revealed that a side chick allegedly poisoned the married man she was dating as well as six members of his family for refusing to take her as her second wife. He claimed that the side chick wanted to be the man’s second wife, but when he refused, she came up with a clever plan to hurt him.
Nigerian pastor , King Samuel who foresaw tragedy in Pete Edochie’s family makes shocking prophecy about Burnaboy | Nigerian prophet, Samuel King, who foresaw tragedy in the family of Nollywood actor, Pete Edochie, also shared a prophecy about Nigerian music star, Burna Boy. The clergyman had during the new time’s service in his church, warned against an impending loss in the Edochie family and asked them to pray fervently against mourning.
Dancer, Korra Obidi elevated as she buys $1.6m house in the US (Video) | US-based Nigerian dancer and singer, Korra Obidi, is now the proud owner of a multi-million dollar house in Brentwood, Los Angeles. The mother of two, who recently finalized her divorce from her estranged husband, Justin Dean, shared the news on her social media pages on Thursday afternoon, March 30. Taking to her Facebook and Instagram pages, Korra Obidi shared a video that captured the fulfilling moment she visited the agents to sign the house deal. LINK : https://exoticempire.com.ng/dancer-korra-obidi-elevated-as-she-buys-1-6m-house-in-the-us-video/ #exoticempire #exoticempireblog #exoticempiremedia #korra #korraobidi #divorce #donjazzy #tundeednut #kingtundeednut #instagram #instagramers #instagramreels #reelsinstagram #instagramhub #explore #explorepage #exploremore #exploreeverything #explorer #explorepage✨ #exploring #explorar #ᴇxᴘʟᴏʀᴀʀ #marriage #happiness #happy #house #brentwood #losangeles #singlemoms

Top Posts & Pages

  • De Josh Movers - Future Hope (mp3 download)
    De Josh Movers - Future Hope (mp3 download)
  • Black Chully Sextape Video Trends on Social Media
    Black Chully Sextape Video Trends on Social Media
  • Approve My Love - De Josh Movers (mp3 download)
    Approve My Love - De Josh Movers (mp3 download)
  • “ Most bullied for her choice ” – Actress Toyin Abraham updates her CV following election saga
    “ Most bullied for her choice ” – Actress Toyin Abraham updates her CV following election saga

Song Of The Month : Ayra Starr – Sability

http://www.exoticempire.com.ng/wp-content/uploads/2023/03/Ayra_Starr_-_Sability_exoticempire.com.ng.mp3

Video Of The Month : Falz Ft. Tekno – Owa

https://youtu.be/rQ4CCTgsdcU
  • Biography
  • Entertainment news
  • History
  • Motivational / Gospel Playlist
  • Music
  • Politics
  • Privacy Policy
  • Sports
  • Throwback Music
  • Video
  • Viral

© 2018 - 2022 Exoticempire Media

No Result
View All Result
  • Biography
  • Entertainment news
  • History
  • Motivational / Gospel Playlist
  • Music
  • Politics
  • Privacy Policy
  • Sports
  • Throwback Music
  • Video
  • Viral

© 2018 - 2022 Exoticempire Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
%d bloggers like this: