Another title: Kenya is the 13th most miserable country in the world

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Another title: Kenya is the 13th most miserable country in the world

Another title: Kenya is the 13th most miserable country in the worldKenya has been named as the 13th most miserable country in the world in a new report by Business Insider. The report looks at 197 countries.

The report which compiles the misery index, which is a crude economic measure was created by Arthur Orkum. The report sums up a country’s unemployment and inflation rates to assess conditions on the ground (the higher the number, the more miserable a country is.

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Orkum’ s reasoning is that most citizens understand the pain of a high jobless rate and the soaring price of goods.

On Kenya, the report states that “Corruption and reliance on a few specific primary goods whose prices have remained low have been holding Kenya’s economy back. Unemployment has historically been very high, and remains so. However, oil was discovered in Kenya in March 2012, which might help revive its sagging economy.”

Zimbabwe is rated as the most miserable with a misery index score of 103.3, CPI inflation8.3%, Unemployment: 95%. Kenya has a misery index of a misery index score of 50.1, CPI inflation10.1%, Unemployment: 94%

Here is a list of the top 25 miserable countries in the world.

1. Zimbabwe

2. Liberia
3. Burkina Faso
4. Belarus
5. Turkmenistan
6. Djibouti
7. Namibia
8. Nepal
9. Kosovo
10. Syria
11. Sudan
12. Lesotho
13. Kenya
14. Senegal
15. Marshall Island
16. Afghanistan
17. Swaziland
18. Haiti
19. Yemen
20. Bosnia and Herzegovina
21. Gaza Strip
22. Maldives
23. Iran
24. Mauritania
25. Mali

Read more: http://www.businessinsider.com/most-miserable-countries-in-the-world-2013-2?op=1#ixzz2LdKWKdC0

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