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The world's most — and least — miserable economies in 2025, ranked | Fortune
- Venezuela is ranked the most miserable economy in 2025 with the highest HAMI score of 556.5.
- Sudan falls to second place amid ongoing civil conflict and high unemployment.
- Taiwan remains the world’s happiest economy with a HAMI score of 2.1.
- Iran climbs into the top five most miserable economies for 2025 due to sanctions and inflation.
- The top ten happiest economies include Taiwan, Singapore, and Thailand, reflecting strong GDP per capita growth and low unemployment.
- The Misery Index uses a weighted formula combining unemployment, inflation, lending rates, and GDP per capita changes.
- HAMI covers 178 countries, a new record for 2025.
- Venezuela’s inflation surged to 475.3% in 2025, contributing to its top misery ranking.
- Ireland climbs to a top-five happiness position with 11.2% real GDP per capita growth in 2025.
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