GDP

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Georgia Projected GDP Forecast 2019 - 2023

Wow, time flies, it has been already 5 years since I last time reviewed Georgia's GDP growth rates, back in 2013 I come up with a simple article: Georgia then, now, future Here is what the International Monetary Fund projected for Georgia for...

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

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...

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

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....

World Tourism Highlights for 2013, UNWTO 2014 Edition

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...

Top 10 Largest Countries by GDP 2013

Last year I started 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. 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

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?...

GDP In BRICS Countries 2013

BRICS is the acronym of 5 developing countries - Brazil, Russia, India, China and South Africa. Originally created as BRIC, the South Africa was added in 2010 to this economical group.  BRICS countries with 3 trillion population represents...

GDP in European Union 2013

European Union if looked at it as a whole solid brick economy - could be named as a Worlds largest economy by GDP. But European Union still consists of 28 independent countries. I won't discuss in this article about  - are they really...

GDP In Former Soviet Union 2013

It has been already 24 years since collapse of Soviet Union, an empire that once threatened all the rest world with it's mighty military. Although military tough - economical weak. Or I was taught in school - USSR was military giant but economical...

Latvian GDP rises for 2.8% in first quarter 2014

Latvian GDP has rised by 2.8% in 2014 first quarter.http://www.gorod.lv/novosti/230600-vvp-latvii-v-pervom-kvartale-etogo-goda-vyros-na-28

Romania - a brief overview

Yesterday I took a brief overview of Moldova, today I'm willing to briefly see how neighbouring Romania looks like. Romania - basic dataPopulation: 21.33GDP: 169.4 billion USD (2012)GDP per capita: 7.942 thousands USD (2012)Romania since 2007...

Moldova - a few facts

Moldova - a country between EU and Ukraine, member of Eastern Partnership, once a member of mighty Soviet Union. Recently EU liberated VISA FREE Travel for Moldavian citizens to EU. I decided to take a look at this country, which I know just...

Armenian GDP rise for 3.5%

Total GDP in Armenia for 2013 made $ 4 266,8 billions Armenian Dram, what is about $10,4 billion, making 3.5% increase compared to previous (2012) year.Armenian government making forecast for 2013 wanted to see increase 6.2%.According to Armenian...

10 largest countries by military expenditures 2012

Which country spends the most for it's military budget?Meet worlds top 10 most richest countries by military expenditures:United States 682.478 $ blnChina 166.107 $ blnRussia 90.749 $ blnUnited Kingdom 61.007 $ blnJapan 59.267 $ blnFrance 58.943 $...

Turkey could join Eurasian Union

That said makes me think, that Turkey has no serious plans to join Eurasian Union. IMHO Turkey is teasing European Union. And why shouldn't? Turkey has long, long history on it's attempts to join European Union, but there always are some obstacles...

CIS, Baltics and Georgia GDP 2018

Recently I wrote an article about CIS, Baltic states and Georgia GDP 2012. Now I'm willing to take a look in future, and to see what might look like economies of former Soviet Union republics in 2018.Why 2018? I'm using IMF forecasts, and right now...

CIS, Baltics and Georgia GDP 2012

Remember the Soviet Union? Ever wondered what happened to those countries after collapse of Soviet Union? In our days - former soviet countries is called CIS, Baltic states and Georgia. Why so strange name? Well, shortly after collapse of Soviet...

Worlds poorest country by GPD per capita - Democratic Republic of Congo

African country - Democratic Republic of Congo ranks number 1 in terms of Worlds smallest GDP per capita. Republic of Congo, as many African countries gained it's independece in 1960. It's believed that Democratic Republic of Congo has natural...

Will China's economy to be worlds largest?

It seems is a hot topic in our days - Will China out perform United States by GDP in close future. I'm more skeptical than others, and I don't believe this will happen in next 10 years. After 10 years, who knows - maybe. United States accounts...

Kazakhstan then, now, future

Recently I have compared economies of Armenia, Georgia, Turkmenistan, Ukraine, as well made some sarcastic post concerning Estonian economy. Whats common to all these countries? They all once where part of Soviet Union, for me it's interesting to...

Estonia to catch up Scandinavia in next 10-15 years

I have red some interesting article on Estonian Public Broadcasting (news.err.ee) in which  professor of economics, at Tartu University, Raul Eamets predicts that it will take 10-15 years for Estonian incomes to catch up with...

Armenia, then, now - future

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...

Germany, the driven force of European Union

Germany is leading economy in European Union accounting in more than 3 trillions USD GDP nominal. If we can forecast German economy, can we forecast economy of European Union, or at least economy of Euro Zone?For ilustration I'm adding few charts to...

Georgia then, now, future

Since I've been living in this country, I decided it would be a shame not to create a chart displaying Georgia's historical GDP,  to add some future values, and to see how Georgia's economy could look like in next 5 years. I...

Turkmenistan GDP 1990 - 2014

Turkmenistan is one of the few countries in the world which's economy continued to grow in a time of World crisis in 2009. Turkmenistan has worlds 4th largest natural gas reserves. Once a member in the Soviet Union, now part of CIS. It's economy...

Ukraine vs Poland by GDP 1990-2012

Recently I wrote an article about Ukraine's GDP since collapse of Soviet Union.In that post I promised to compare GDP of Ukraine versus Poland.Why those two? They are neighboring countries, both of them have been under Iron Curtain, population is...

Top 10 largest countries by GDP 2012

I would like to see how does top 10 worlds countries by GDP looks on chart. Top 10 largest countries in 2012 by GDPUnited States 15.680 trillions USDChina 8. 227 trillions USDJapan 5.960 trillions USDGermany 3.400 trillions USDFrance 2.613...

Baku to build worlds tallest building

As already mentioned in one of my previous posts - Azerbaijan is aimed to build artificial island archipelago called Khazar Islands with worlds largest building on it - Azerbaijan Tower. Estimated cost for such a mega project is 100 bln USD, which...

Azerbaijan vs United Arab Emirates by GDP 2011

The other day I was reading an interesting article on NYTimes - Azerbaijan Is Rich. Now It Wants to Be Famous. The article is quite interesting, and in a place where it's told that Azerbaijan will build up a Khazar Island archipelago I started to...

Ukraine's GDP growth 1990-2012

Today I red an article on Kyiv Post, informing that World Bank has announced it's forecast for Ukraine's GDP has been cut down to zero this year. I remember I watched a documentary series about Collapse of Soviet Union, and former Ukrainian...