Economy
Misery Indices — G20
The Misery Index (Arthur Okun) sums the unemployment rate and inflation rate — a quick gauge of economic discomfort. Each chart shows that Classic index alongside Neo-Misery, which adds a house-price-to-income affordability component, so the gap between the two lines is the housing burden. One chart per G20 economy; the legend on each makes the two lines explicit.
🇦🇷 Argentina
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of Jul 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇦🇺 Australia
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇧🇷 Brazil
Gap = house price ÷ income per capita · monthly
As of 2026-07-10 · Weekly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇨🇦 Canada
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇨🇳 China
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of Jul 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇫🇷 France
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of May 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇩🇪 Germany
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of Jul 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇮🇳 India
Gap = house price ÷ income per capita (per 100 m² home) · annual
As of Q1 2026 · Quarterly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇮🇩 Indonesia
Gap = house price ÷ income per capita · monthly
As of Jan 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇮🇹 Italy
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇯🇵 Japan
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇲🇽 Mexico
Gap = house price ÷ income per capita · monthly
As of May 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇷🇺 Russia
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of May 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇸🇦 Saudi Arabia
Gap = house price ÷ income per capita · monthly
As of May 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇿🇦 South Africa
Gap = house price ÷ income per capita · monthly
As of Q1 2026 · Quarterly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇰🇷 South Korea
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇹🇷 Turkey
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of Jul 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇬🇧 United Kingdom
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
🇺🇸 United States
Gap = house price ÷ income per capita · monthly
As of May 2026 · Monthly
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Latest snapshot
| Country | Classic (V1) | Neo-Misery (V2) | Housing ratio | As of |
|---|---|---|---|---|
| 🇦🇷 Argentina | 40.6 | 57.2 | 16.5× | 2026-07-14 |
| 🇿🇦 South Africa | 35.5 | 49.9 | 14.4× | 2025-01-01 |
| 🇮🇳 India | 6.6 | 48.9 | 42.3× | 2025-01-01 |
| 🇹🇷 Turkey | 40.6 | 46.1 | 5.5× | 2026-07-03 |
| 🇮🇩 Indonesia | 5.2 | 22.6 | 17.4× | 2025-04-01 |
| 🇦🇺 Australia | 8.5 | 19.5 | 11.0× | 2026-07-22 |
| 🇨🇦 Canada | 9.3 | 18.2 | 8.9× | 2026-07-20 |
| 🇷🇺 Russia | 7.5 | 16.3 | 8.9× | 2026-05-01 |
| 🇫🇷 France | 10.3 | 16.2 | 5.9× | 2026-05-01 |
| 🇰🇷 South Korea | 5.9 | 15.8 | 9.9× | 2026-07-14 |
| 🇨🇳 China | 5.6 | 15.3 | 9.7× | 2026-07-08 |
| 🇧🇷 Brazil | 10.2 | 14.9 | 4.7× | 2026-07-10 |
| 🇲🇽 Mexico | 6.6 | 14.0 | 7.4× | 2026-05-01 |
| 🇬🇧 United Kingdom | 7.5 | 13.7 | 6.2× | 2026-07-22 |
| 🇺🇸 United States | 8.6 | 13.2 | 4.7× | 2026-05-01 |
| 🇮🇹 Italy | 6.9 | 12.6 | 5.7× | 2026-07-02 |
| 🇩🇪 Germany | 6.5 | 11.2 | 4.7× | 2026-07-30 |
| 🇯🇵 Japan | 4.4 | 11.2 | 6.8× | 2026-07-23 |
| 🇸🇦 Saudi Arabia | 4.8 | 8.6 | 3.8× | 2026-05-01 |

