Rabat- Morocco has been ranked 82 on the index score of the most miserable nations in the world, between the Netherlands and Latvia.
The index, published by the Cato Institute, measures misery in 109 countries based on various economic factors, including inflation, lending rates, unemployment, and per capita GDP growth.
Morocco was ranked 58th in last year's index, meaning that the Kingdom managed to advance 24 places in only one year.
This also means that Morocco has become a little less miserable than it was a year ago.
According to the index, which was conducted by Steve Hanke, a professor of Applied Economics at the Johns Hopkins University, Morocco is happier than many other Arab countries including Algeria (57), Egypt (15), Jordan (32), and Saudi Arabia (46).
Morocco landed itself in a better position than many countries that are classified as developed, such as the United States of America, Finland, France, Iceland, Australia, and the United Kingdom.
The Kingdom’s misery index decreased from 13.3 in 2013 to 12.3 this year. However, the largest contributing factor to unhappiness for Moroccans remains unemployment, noted the study.
Syria holds the disreputable spot as the most miserable country in the world, followed by Venezuela and Sudan.
Switzerland, however, was ranked 109th, giving it the title of the least miserable country in the world.