Investments

The European Union, with 28 member states and a population reaching over 500 million, may sound like the world's largest economy when viewed as a whole. In 2012, the EU's GDP was $16.6 trillion. But let's break things down and take a closer look at what makes up the European Union. In this article, I will talk about the smallest economies in the EU. The Smallest economies of the European Union: I decided to call an economy small if its Gross Domestic Product is less than $100 billion. In…

China's investment in Georgia has been a topic of increasing interest in recent years. Georgia, strategically located at the crossroads of Europe and Asia, has become a key player in China's Belt and Road Initiative (BRI) and an important partner for China's economic and political ambitions in the region. China has invested heavily in Georgia's infrastructure, energy, and transportation sectors. One of the most significant Chinese investments in Georgia is the Anaklia Deep Sea Port, which is…

The Democratic Republic of Congo (DRC) has long been recognized as one of the poorest countries in the world, with a GDP per capita of just $394 in 2013, according to the World Bank. The country faces a range of challenges, including political instability, conflict, and economic underdevelopment, which have contributed to its position as one of the world's least developed nations. In 2013, the DRC was still recovering from a long period of conflict that had led to the displacement of millions…

Recently I wrote an article about Georgia, then, now - future, this time I would like to write about Armenia. Landlocked land, with huge economic problems, ongoing conflicts with neighboring Azerbaijan over Nagorno-Karbakh region. A country that plans to enter Eurasian Union on January 1st, 2014.   Let's start with some basic chart: As seen from the chart above, Armenia, as well as neighboring Georgia, is no exception, in economic shrink after collapsing of Soviet Union. Now let's take a…

Germany is the largest economy in the European Union, accounting for more than 3 trillion USD GDP nominal. This gives us a clear indication that if we can forecast the German economy, we can also forecast the economy of the European Union and even the Euro Zone. Understanding the economic landscape of Germany is crucial, as it is a dominant player in the EU, with a significant impact on the overall economic health of the region. The chart above showcases the GDP nominal of Germany compared…

Georgia is a country located in the South Caucasus region and has a rich and diverse history. The Georgian economy has gone through its ups and downs in the past few decades, and in this article, we will take a closer look at its historical GDP and project what the future might look like. To start, let's examine the historical GDP of Georgia by nominal values. The chart shows that Georgia, like many other former Soviet republics, experienced a decline in its economy in the 1990s. This…

Turkmenistan is a country that has managed to defy the odds and experience steady economic growth, even during the global financial crisis of 2009. The country is renowned for having the fourth largest natural gas reserves in the world and is a member of the Commonwealth of Independent States (CIS). According to data from the International Monetary Fund (IMF), Turkmenistan’s economy is projected to grow by 12.4% in 2013 and 10.4% in 2014. This growth is not limited to Turkmenistan as…

Both Ukraine and Poland have experienced significant changes in their economies since the collapse of the Soviet Union. While both countries were part of the Iron Curtain and had similar population sizes, their economic growth followed different paths. In 1990, Ukraine had a higher GDP and GDP per capita compared to Poland. However, over the past two decades, Poland's economy has grown faster, with its GDP and GDP per capita reaching 489.8 billion USD and 12.707 thousand USD respectively in…

The 2013 Presidential elections in Azerbaijan saw the re-election of incumbent President Ilham Aliyev, who secured 84.72% of the vote, according to the Central Election Commission. President Aliyev's victory was widely expected. In the years since the 2013 Presidential elections, President Aliyev has continued to lead Azerbaijan, consolidating his power and pursuing a number of major reforms aimed at modernizing the country and strengthening its economy. During his presidency, Azerbaijan has…

The global economy is a complex and dynamic system that is constantly changing. In order to get a better understanding of the world's top economies, it is important to take a look at the latest data and trends. In this article, we will explore the top 20 largest economies in the world by GDP nominal in 2019 and analyze the GDP per capita in the top 10 largest countries by GDP. According to the World Bank, the top 20 largest economies in the world by GDP nominal in 2019 are as follows: United…