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Back2025 Hanke’s Annual Misery Index Highlights Economic Stability in Southeast Asia
2025 Hanke’s Annual Misery Index Highlights Economic Stability in Southeast Asia
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SCMP Economy5/1/2026Business1 min readChina

2025 Hanke’s Annual Misery Index Highlights Economic Stability in Southeast Asia

Professor Steve Hanke’s index measures economic strain through inflation, unemployment, lending rates, and GDP growth

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The 2025 Hanke’s Annual Misery Index (HAMI) reveals that several Southeast Asian nations are experiencing reduced economic strain due to low inflation, steady employment, and income growth.

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The 2025 Hanke’s Annual Misery Index (HAMI), compiled by applied economics professor Steve Hanke, measures the “economic temperature” of a country and seeks to approximate how its average citizen experiences the economy.

This year’s HAMI found that several Southeast Asian economies had a combination of low inflation, steady employment, manageable borrowing costs and income growth – leaving households feeling less economic strain.

“Think of HAMI as a thermometer pressed against the body of the economy,” Hanke said.

The index looks at four attributes, adding unemployment, inflation and bank-lending rates then subtracting the growth rate of real gross domestic product.

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This article was originally published by SCMP Economy.

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