Morocco was listed 68th with 36,565 misery rates on the annual Global suffering Index, which is published by Professor Steve Hanke of Applied Economics at Johns Hopkins University in the United States.
The Global Misery Index ranked nations, based on indicators including bank lending, inflation, and unemployment rates.
Morocco’s position is primarily due to unemployment, which according to HCP grew to 1,549,000 in 2023 from 1,466,000 at the same time in 2022.
In the Arab world, Morocco came in at number 11, with four other Arab nations occupying the top spots on the Global Misery Index.
Syria came third after Zimbabwe and Venezuela, Lebanon was fourth, followed by Sudan, and Yemen was seventh after Argentina. The second-happiest nation in the world is Kuwait.
Economic growth, which reflects whether people are happy or sad, was used to measure this unhappiness, according to the index.
Zimbabwe was named the world’s most depressing nation since the start of the Robert Mugabe regime in 1980.
Syria topped the list of the most miserable nations due to its ongoing civil war for more than twelve years.
“The fact that Venezuela and Zimbabwe managed to score worse than Syria without having civil wars speaks to a lot of economic mismanagement.” stated Steve Hanke.
The first misery index was created by Arthur Okun, an economist, and former head of the Council of Economic Advisers under President Johnson.
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