Cape Town – Many South Africans could argue and say South Africa, with its milestone 20 years of democracy, braai days, and epic public holidays, is one of the best countries to live in.
But, according to the world’s most miserable places to live in the world index, South Africa is the 8th most miserable place in the world to live.
The “Misery Index” is an economic index that determines the misery in one country, by taking in factors such as unemployment rates, political unrest and inflation rates.
South Africa received a score of 37.4 due to a high unemployment rate, although in 2014 it was reported that the unemployment rate had dropped from 24.5% to 24.1%. Venezuela, the world’s most miserable place to live , scored 79.4, with inflation said to be the major contributing factor.
Here is the complete list of the 10 most miserable places in the world:
10: Greece
9: Brazil
8: South Africa
7: Spain
6: Egypt
5: Jamaica
4: Argentina
3: Serbia
2: Iran
1: Venezuela
South Africa Today – South Africa News
