17. Swaziland.jpg

17. Swaziland

Description: 17. Swaziland

Misery index score: 48.4
Inflation: 8.4%
Unemployment: 40%


Swaziland is heavily dependent on South Africa — that’s 60 per cent of its exports go, and 90 per cent of its imports come from. The global economic crisis hit Swaziland exports hard, and declining revenue has pushed the country into fiscal crisis. The local currency is pegged to the South African rand, so inflation isn't too bad, but the country suffers from high unemployment.

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