Which Country is No.1 in Miserable Countries Ranking 2018?
Correct answer: C. Venezuela
- A. Pakistan
- B. Ethopia
- C. Venezuela
- D. Iraq
Explanation
Venezuela ranked first in the 2018 Misery Index because extremely high inflation combined with unemployment produced severe economic distress. Pakistan, Ethiopia and Iraq did not top that ranking.
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About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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