The latest misery index from the Cato Institute shows that South Africa is one of the most miserable countries in the world.
In its 2015/16 rankings, South Africa ranked as the fifth most miserable country in the world with a score of 40.0. The index is based on four data points: unemployment levels, interest rates, consumer prices and economic growth. South Africa performed poorly across all indicators. However, it is its unemployment rate that hit us the hardest.