Yerevan:   +10 °C
Today:   Friday, 29 March, 2024

Venezuela topped the rating of the weaker economies according to Bloomberg

1957
Friday, 19 April, 2019, 19:05
Venezuela topped the rating of the weaker economies according to Bloomberg

“Venezuela and a handful of other“ most miserable ”countries are fighting alone with high inflation and widespread unemployment,” the report says. Following Venezuela, the Bloomberg's Misery Index for 2019 also includes Argentina, South Africa, Turkey, Greece and Ukraine. Closing the top ten "weakest economies" of the world are Brazil, Spain, Saudi Arabia and Serbia. At the same time, Thailand, Switzerland and Japan were recognized as the most prosperous in economic terms. Russia ranked 17th in the ranking, having deteriorated last year’s indicators twice. According to the agency, this is due to forecasts of accelerating inflation. It is noted that the rating was compiled among 62 countries based on surveys of economists. In January, Bloomberg reported that Russia could get into the top ten largest economies in the world by 2030.