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Panama ranks second in the World Misery Index in Central America

Panama, May 3, 2021

Panama ranked second in the ranking of the Hanke Annual Misery Index (HAMI) for 2020, which calculates the well-being of countries through the values ​​of their economy, according to data from Forbes Central America magazine.

The study ranked Honduras (38) as the country with the most poverty in Central America, closely following Panama with the position (40) and Costa Rica (50), within a list of 156 countries.

Meanwhile, Nicaragua is the nation of the Isthmus with the best position in the past year, according to the report.

The Annual Index measures unemployment rates in the country, inflation, bank loans, and the percentage change in real GDP per capita.

The formula to get the positions within the misery ranking is the sum of the unemployment, inflation and bank loan rates, minus the percentage change in real GDP per capita.

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