Economy of United States of America

Economy of United States of America The United States of America is a union of fifty states in North America. It is the world’s third-largest economy. It is a mixed economy. That means it operates as a free market economy in consumer goods and business services. However, even in those areas, the government imposes regulations to protect the good of all. It […]

Economy of United Arab Emirates

Economy of United Arab Emirates The economic growth recovery in 2018 was supported by a rise in net exports as the OPEC+ production cuts were eased and as imports decreased. Improvements in economic sentiment indicators such as the Purchasing Managers’ Index (PMI) indicate a positive non-oil growth momentum early in Q1-2019. However, several indicators point […]

Economy of Japan

Economy of Japan Japan is the second most advanced economy in the world, the third largest by nominal GDP, and the 4th by PPP. The country is one of the world’s most innovative economies having the largest electronic goods industry and patent filings. Japan is also the world’s biggest creditor with the leading public debt ratio. Overview of the […]

Economy of Iran

Economy of Iran Iran had an estimated Gross Domestic Product (GDP) in 2017 of US$447.7 billion, and a population of 80.6 million people. Iran’s economy is characterized by the hydrocarbon sector, agriculture and services sectors, and a noticeable state presence in manufacturing and financial services. Iran ranks second in the world in natural gas reserves […]

Economy of India

Economy of India India’s economic freedom score is 55.2, making its economy the 129th freest in the 2019 Index. Its overall score has increased by 0.7 point, with a strong increase in the score for judicial effectiveness outpacing a decline in monetary freedom. India is ranked 31st among 43 countries in the Asia–Pacific region, and […]

Economy of Germany

Economy of Germany is expected to produce $4.2 trillion1in 2019 as measured by nominal gross domestic product. The nation is the world’s fourth-largest economy following the United States, China, and Japan. To compare GDP between countries, you must use purchasing power parity. Some say that Germany has been flourishing over the past 12 years, as Chancellor Angela […]

Economy of China

Economy of China Since China began to open up and reform its economy in 1978, GDP growth has averaged almost 10 percent a year, and more than 850 million people have been lifted out of poverty. Today, China is an upper-middle-income country and the world’s second largest economy. However, its per capita income is still […]

Economy of Canada

Economy of Canada resembles the US in its market-oriented economic system, pattern of production, and high living standards. Since World War II, the impressive growth of the manufacturing, mining, and service sectors has transformed the nation from a largely rural economy into one primarily industrial and urban. Canada has a large oil and natural gas […]

Economy of Afghanistan

Economy of Afghanistan In Afghanistan output growth has slowed to an estimated 1.0 percent in 2018, down from 2.7 percent in the previous year. The decline was because of: a severe drought that affected wheat production and livestock pasture and, heightened political uncertainty and election-related violence, which dampened business confidence. Despite the lower agriculture output, […]
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