GDP growth:This is the annual percentage growth rate of nominal GDP in local prices and currencies, which estimates how fast a country’s economy is growing. GDP per capitain current U.S. dollars:This is nominal GDP divided by the number of people in a country. GDP per capita measures how...
Based on World Bank data, this beautiful scandinavian kingdom is the sixth richest country in the world in terms of GDP per capita.Its nordic social welfare system provides universal health care and tertiary education for its citizens. In return, people have to give up 42.4% of their income,...
"We tripled the size of our country's economy in 21 years, and in the coming period, we will double it again, propelling Türkiye into the top 10 largest economies in the world," he said when addressing a rally in northern Tokat province. The Turkish president mentioned the recent econom...
Frankfurt lies at the heart of German financial and economic system, and given Germany’s huge economy (the largest in the EU), this makes it one of the most important cities in all of Europe. It is home to Germany’s largest stock exchange, as well as the country’s most prominent ba...
The second-largest economy in the world is China, with an official GDP of USD 14,342,902.84 million (i.e., USD 14.3 trillion) in 2019. China is also the world’s largest country by population, with more than 1.4 billion people. It is the world leader in industrial output and has str...
The country has been gripped by political turmoil since the downfall of the Zairean regime in 1997, which has left a difficult economic situation in Kinshasa, and the rapid growth of the city has created serious problems regarding food supply. ...
The economy of the country has actually grown in the last couple of years., although it still faces certain financial constraints because of thehuge external financing needs. The debt is bringing down the economy’s progress and proving to be a hurdle in building the infrastructure of the count...
As the largest developing country, China is a natural member of the Global South, firmly safeguarding the common interests of developing countries and promoting increased representation and voice of emerging market economies and developing countries in global affairs.People...
summary seminar on “developing community forestry to promote agroforestry practices and improve people’s livelihoods” was conducted in Myanmar, highlighting the positive ecological and economic outcomes brought about by the proje...
Germany, the UK and France take the fourth, fifth and sixth spots, respectively, with Italy, in the eighth place, the only other EU country in the top 10. Get EU news that matters Back our independent journalism by becoming a supporting member ...