18 Feb 2018
BANGKOK, 18th February 2018 (NNT)
Prime Minister Gen Prayut Chan-o-cha is pleased with the latest report that Thailand is ranked the world’s least miserable economy this year for the fourth consecutive year.
Conveying Gen Prayut’s messages, Government Spokesperson Lt Gen Sansern Kaewkamnerd said the prime minister is happy with the latest ranking of Thailand in Bloomberg’s Misery Index 2018 which indicated that Thailand is the happiest economy among 66 countries surveyed.
The index takes into consideration inflation and unemployment rates which Bloomberg believes generally illustrate how good an economy’s residents feel about life.
Thailand this year scored 2.5, thanks to low inflation and the low unemployment rate.
Lt Gen Sansern said the survey coincides with a central bank report that Thailand’s inflation rate stands at 0.66% and the unemployment rate is as low as 1.3%.
The spokesperson attributed these figures to the government’s economic measures, resulting in the stabilization of the grassroots economy and an improvement in people’s living standards.
Bloomberg ranked Singapore, Japan, Switzerland, and Taiwan among the happiest after Thailand, and ranked Venezuela the most miserable economy 4 years in a row.
National News Bureau Of Thailand | PM acknowledges report of Thailand being world?s happiest economy