Russia has improved its position in the Bloomberg ranking of the most “unfortunate economies” of the world up to 14 places

Russia has improved its position in the Bloomberg ranking of the most “unfortunate economies” of the world up to 14 places


MOSCOW, 5 February. Russia took the 14th place in the ranking of the most “unfortunate economies” according to the Agency Bloomberg. The misery index of the country consists of two macro indicators – inflation and unemployment. In 2015, Russia occupies 7th place in the appropriate rating.

The list of States in the ranking are divided into three color zones – red, yellow and green, brings together 63 countries, Russia in the yellow zone.

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It is noted that the “miserable economy” became Venezuela (misery index – 159,7). According to the Agency, unemployment in this country for the year will be in the region of 7.7%, while inflation was 152%. In the top ten countries are Argentina (39,9), South Africa (32), Greece (27) and Ukraine (26,3), Spain (21,2),Serbia (20,9), Turkey (18,8) , Brazil (16,8) and Kazakhstan (16,7).

The analysts Bloomberg sees signs of improvement in the economies of Russia, Romania and Ireland, each of which will achieve positive results this year.

After the fall of Russia’s GDP by 3.7% in 2015 due to low oil prices and high inflation, economists believe that the Russian economy will grow by 1.3% in 2017.

At this current misery index of Russia is 14.5 points (in 2015 year – 21.1).