DistantNews
๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Taiwan Named World's Least 'Miserable' Economy in 2025 Global Ranking

From Liberty Times · (9m ago) Chinese Positive tone

Translated from Chinese, summarized and contextualized by DistantNews.

TLDR

  • Taiwan has been ranked as the least 'miserable' economy globally in the 2025 Hanke Annual Misery Index.
  • The index measures economic suffering by considering unemployment, inflation, interest rates, and GDP growth.
  • Taiwan's low ranking is attributed to its strong performance in unemployment rates, with other major economies like the US, China, and South Korea ranking significantly lower.

In a remarkable display of economic resilience, Taiwan has once again topped the charts, this time as the world's least 'miserable' economy according to the latest 2025 Hanke Annual Misery Index (HAMI). This prestigious ranking, compiled by Johns Hopkins University professor Steve Hanke, places Taiwan at the 178th position out of 178 countries, signifying a state of minimal economic suffering for its citizens.

The HAMI, an evolution of the 'misery index' concept, quantifies economic hardship by factoring in unemployment, inflation, and lending rates, while subtracting real GDP growth per capita. Taiwan's exceptional performance, particularly its low unemployment rate, has propelled it to the top spot, outperforming economic powerhouses like Singapore, Thailand, Ireland, and even major global players such as Japan, South Korea, Germany, France, and the United States.

This achievement is particularly noteworthy for Taiwan, a self-governing island that often faces unique geopolitical and economic challenges. While international media might focus on broader global economic trends, for Taiwanese citizens, this ranking directly reflects the stability and prosperity they experience daily. It underscores the effectiveness of Taiwan's economic policies and its robust industrial base, which consistently deliver a high quality of life and economic security, a point of national pride that resonates deeply within the island's society.

DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.