Jamaica’s Financial Well-Being Lower Than Haiti – Report
From a total of 145 countries listed in the latest iteration of the State of Global Well-Being report, Jamaica has been ranked at 115.
This means Jamaica is ranked the lowest in the Caribbean region in terms of financial well-being, even lower than Haiti despite having a higher income per capita.
The report provides an overview of global citizens’ well-being, calculated from some 146,000 surveys across the globe.
On the rating Jamaica was placed in the bottom category of ‘suffering’ with the other categories being ‘thriving’ and ‘struggling’.
Jamaica ranked between Ethiopia at 114 and the Equatorial African country of Gabon at 116. Jamaica also ranked worse than Greece, a country in deep financial crisis, which got a financial well-being rank of 113.
According to the report people who are suffering financially “have little or no savings and are more than twice as likely as those who are thriving to say they do not have anyone they can count on for help.
They are four times as likely to say there were times in the past 12 months when they did not have enough money for food, and three times as likely to say the same about shelter. They are far more likely than their counterparts who are struggling or thriving to experience stress on a daily basis and are 23 per cent more likely to distrust the honesty of local elections in their country.
They are also 44 per cent more likely to want to move permanently to another country to live”.
Source: Jamaica Observer
This article was first printed by the Jamaica Observer.
Usury Extortion practiced and facilitated by the government is an abomination of desolation. Government should prosecute lending at usury to promote the advancing of the welfare of the masses. Creations distributed to the furthest reach of the earth shuld be the only basis of earnings of the rich. Earned income like earned by Bill Gates. Instead The make the class that are rich by unearned income – USURY the ruling class. The stop putting shoulder to the wheel the sucker by redistribution of earned income to them. An abomination. by the abominations of the earth It is an attempt to… Read more »
does this means that some of us who are happy with the results will be migrating to haiti?