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Top 10 Largest Economies In The World by GDP Nominal (2015)

November 27, 2016
According to the World Bank Gross Domestic Product (GDP) of the World in 2015 was 73,502 Trillion USD. More than half (48.77 Trillion USD) of it was produced in the TOP 10 largest economies of the World.  In this article, we will figure out and name those TOP 10 economies, as well we will compare some...

Average Monthly Salary in Former Soviet Union Republics 2016

September 08, 2016
About two years ago I first compared average monthly salary in Former Soviet Union Republics. Now, two years later, I decided to compare again. I was surprised after seeing results. Let me explain. First - call it as you wish - major world economic crisis, sanctions against Russia, better integrated or...

Life Expectancy in European Union 2015

July 15, 2016
In today's article - Life expectancy in European Union (EU).  Life expectancy equals the average number of years a person born in a given country expected to live if mortality rates at each age were to remain steady in the future. In following table I have listed the life expectancy separately for...

Georgia - 5 years latter (Economic Developments 2011-2016)

April 01, 2016
April 1st marks my five year anniversary since I opted to move to this amazing country on the edge where East meets West - Republic of Georgia. Today, to celebrate this small anniversary I decided to take a look back - to see economic developments in Georgia 2011-2016 - how things how changed since I first...

Median Household Income in US by State 2014

February 03, 2016
After reviewing minimum and average salaries in member states of European Union, I decided to take a look on US average wages -  and compare all 50 American States + D.C. It was easier to come up with idea than actually get data, as it turns out in US they prefer more count household income...

Projected Future Forecast For GDP In Former Soviet Union Block Countries (2014-2019)

March 18, 2015
In past I have created many GDP reviews regarding former Soviet Union republics, but have never made future GDP forecast report yet. In this article that's exactly what I'm doing. Now, Soviet Union doesn't exist for more than 25 years already. Those former 15 republics have gone more or less separate way since...

Stratfor: How Currency Woes Undermine Georgia, Moldova

March 17, 2015
Governments across the former Soviet Union have felt the impact of currency devaluations, but currency depreciations and related economic problems in Georgia and Moldova are exposing their governments to major political pitfalls this year, including even potential government collapse. Both countries have been pursuing...

ProCredit Bank Withdraws From Micro-loans, Will Focus on SME's

January 29, 2015
On 27 January, ProCredit Bank held a press conference to announce its performance results for 2014 and to reveal its new strategies. After 15 years in the banking sector, the bank is changing its strategy to focus on small and medium business clients and will stop offering micro loans below EUR 10,000 and will...

Lithuania joins Eurozone

January 01, 2015
January 1st, 2015 is a historic day for a Baltic nation - Lithuania is changing it currency to Euro, following Latvia (2014) and Estonia (2011).Starting today - there are 19 countries in Euro zone. Here is the article I found on BBC by Zivile KropaiteSome Lithuanians fear price rises, but opinion polls point...

World Tourism Highlights for 2013, UNWTO 2014 Edition

December 07, 2014
Did you now that 9% of Worlds GDP in 2013 was made thanks to tourism and related services?It turns out that every 1 of 11 employees is employed in tourism sector. Tourism industry in 2013 generated $1.4 trillions in export, what is about 6% of Worlds export and pretty serious 29% of services export.World Tourism...

Baltic States Vs South Caucasus States by GDP 2013

September 10, 2014
A while ago I already compared Baltic nations with Caucasian nation by GDP (that time I was comparing data for 2012). Since it's second half of 2014 already, I decided to compare how 6 independent states looks alike in 2013 (Most recent data we can get from World Bank) Some might argue - why I'm comparing those...

Average Salary in Former Soviet Union 2014

September 07, 2014
Some time ago I did a comparison of minimum government set wages in Former Soviet Union republics. Today, I decided to figure out - what is the average salaries in those republics. I must admit, it was harder to gather data about average salaries, than gathering data for minimum wages. Seems governments are not...

Top 10 Largest Countries by GDP 2013

September 06, 2014
Last year I started to pay more attention to the TOP 10 largest economies in the World by terms of Gross Domestic Product. It's time to compare them again. Top 20 Largest Economies In The World by GDP Nominal (2019) Gross Domestic Product in TOP 10 Largest Economies 2013 Rank Country...

Estonia To Catch Up Income Level like in Scandinavia in next 9-14 years

September 04, 2014
Last year I red an excellent article pointing out that income level in Estonia could reach level its in Scandinavia in next 10-15 years. Although this article made me smile, I decided to compare - is it real for Estonia to reach level like that? Since its almost a year since  I wrote that article - I decided...

African Union GDP Per Capita 2013

July 31, 2014
Probably few will be heard of African Union - Union that "unites" countries in Africa's continent. This Union has been created a while ago actually in 2001. The African Union consists of 54 countries (52 states and 2 Kingdoms). Although African Union is not so integrated so closely like European Union, with common...