The 90 countries listed in the misery index (selected based on data from the Economist Intelligence Unit and calculations from Steve Hanke)

The 22 Most Miserable 

Countries In The World

by AMANDA MACIAS

According to a analysis published by the Cato Institute, Venezuela holds the disreputable top spot as the most miserable nation in the world.

The 90 countries listed in the misery index were selected based on data from the Economist Intelligence Unit and calculations from Steve Hanke, a professor of Applied Economics at Johns Hopkins University.

The formula used to compile the list involves inflation, lending rates, and unemployment rates minus year-on-year per capita GDP growth.Here is the top 28 (and here's the full study):





Read more: www.businessinsider.com