NEW YORK, February 28 (TCA) — Turkmenistan is on the fifth position in the 2013 Misery Index, CA-News reported with reference to Business Insider.
The misery index is a crude economic measure created by Arthur Orkum, sums a country's unemployment and inflation rates to assess conditions on the ground (the higher the number, the more miserable a country is).
Turkmenistan’s score is 70.5 with 10.5% inflation and 60% unemployment.
Results are based on CIA World Factbook data, which estimates figures for countries and territories that do not have reliable local reporting agencies. The CIA World Factbook was last updated on February 11, 2013.
“Overall prospects in the near future are discouraging because of endemic corruption, a poor educational system, government misuse of oil and gas revenues, and Ashgabat’s reluctance to adopt market-oriented reforms,” CIA Factbook said.
The list also includes: Mali, Mauritania, Iran, Maldives, Gaza Strip, Bosnia & Herzegovina, Yemen, Haiti, Swaziland, Afghanistan, Marshall Islands, Senegal, Kenya, Lesotho, Sudan, Syria, Kosovo, Nepal, Namibia, Djibouti, Belarus, Burkina Faso, Liberia, Zimbabwe.