3 October, 2022 seen 410In 2023 minimum wage is set to increase in all Baltic states. Estonia will have a minimum wage of EUR 725; Latvia - EUR…
In one of my previous posts, I compared Baltic states to the Caucasus by GDP in 2012.
Now it's time to see - what's the economy of Nordic countries?
GDP in Nordic countries 2012
- Denmark 314.2 billion USD
- Finland 250 billion USD
- Iceland 13.66 billion USD
- Norway 499.7 billion USD
- Sweden 525.7 billion USD
As we can see from data provided above, the most richest country in Nordics is Sweden. But lets look now, where GDP are higher per capita
GDP per capita 2012 Nordic countries
- Denmark 56,210
- Finland 46,178
- Iceland 42,658
- Norway 99,55
- Sweden 55,244
Well. Norway has really really high GDP per capita - 99.55 thousands USD. I'm not a Norway expert - but they have Oil?
Total GDP in Nordic countries 2012
Denmark + Finland + Iceland + Norway + Sweden = 1.603 trillion - pretty impressive number, well if compared to Baltic states or Caucasus.