Top 10 Least Happy Countries in the World

Jamaica: Despite being described as one of the liveliest place, Jamaica’s residents still had reason to be miserable because of high interest rates, the study disclosed. The country’s interest rates presently are at 5.75 percent. Even corruption and crime rate are also soaring and high unemployment is believed to create widespread discontent among the masses.

Jamaica’s critical development challenges also include relatively high government spending due to which public debt has surpassed 145 percent of GDP.

Argentina: The eighth biggest country in the world and home to Buenos Aires, Argentina ranked fourth as the unhappy nation with a misery index of 43.1. This is mostly attributed to high inflation. It is struggling with a weakening economy and rapidly rising inflation, which currently stands at roughly 30 percent. The constant hike in prices and a sharp devaluation in the currency earlier this year had set off hundreds of smaller protests. Argentina's currency crisis and economic depression are mainly because of the government's bad policies, economist Kurt Schuler said.

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