GDP per capita

OECD or The Organisation for Economic Co-operation and Development is an intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and world trade. ] It is a forum and its members are countries that describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. Also…

The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe. The union has a total population of about 447 million.  The other morning I was talking to a friend from South Africa, after a nice conversation about living in Georgia, railways, copper, and African Union I decided to look back on my old articles about African Union and GDP data from there. After a few hours of research, I come up with a newly updated article and was quite…

The African Union (AU) is a continental union consisting of 55 member states located on the continent of Africa.  The AU's future goals include a customs union, a single market, a central bank, and a common currency, thereby establishing an economic and monetary union. This morning I was talking to Rob, a friend from South Africa, we were talking economics, Georgia, and railways and suddenly I remembered a few years ago I did an article about GDP per Capita in the African Union in 2013. As…

It has been a while since I last time compared the economic output of the former Soviet Union states. Last time I did, I had data for 2013, see: GDP Per Capita In Former Soviet Union Countries 2013 With the latest economic sanctions against Belarus I decided to take a look, how does each of the former Soviet countries stands now, the latest data I was able to gather was from 2019 (World Bank). Per capita gross domestic product (GDP) is a metric that breaks down a country's economic output…

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 2012 2013 Growth bln $ Growth % 1 United States 16,244 16,800 556 3.42 2 China 8,229 9,240 1,011 12.28 3 Japan 5,937 4,901 -1,036 -17.44 4…

<p>Last year I red an excellent article pointing out that <a title="Estonia Income level" href="http://www.reinisfischer.com/estonia-catch-scandinavia-next-10-15-years…; target="_blank">income level in Estonia could reach level its in Scandinavia in next 10-15 years</a>. Although this article made me smile, I decided to compare - <strong>is it real for Estonia to reach level like that</strong>?&nbsp;</p><p>Since its almost a…

The African Union (AU) is a continental union consisting of 55 member states located on the continent of Africa.  The AU's future goals include a customs union, a single market, a central bank, and a common currency, thereby establishing an economic and monetary union. The African Union has been created a while ago actually in 2001. The African Union consists of 54 countries (52 states and 2 Kingdoms). Update: African Union GDP Per Capita 2022 Although African Union is not so integrated so…

The BRICS countries, which include Brazil, Russia, India, China, and South Africa, are a group of developing economies that are expected to have a significant impact on the world economy in the coming years. This acronym was created in 2010 to represent the economies of these five countries, which have a combined population of over three trillion and represent about 40% of the world's population. The BRICS countries are also all G20 countries, making them a significant economic force in the…

Back in 2013, the European Union (EU) was a political and economic union of 28 member states that were located primarily in Europe.  While the European Union consists of 28 member states. Some would say  - Europe is United. Is it so? Let's figure out, who lives better and who does not.  Update: GDP Per Capita in European Union 2022 GDP per Capita in European Union  2013   2012 2013 Change $ Growth % Luxembourg 103859 111162 7303 6.56 Denmark 56364 58930…

The collapse of the Soviet Union in 1991 marked the beginning of a new era for the countries of the former Soviet Union. With the fall of the Soviet regime, many of these countries were left to fend for themselves, struggling to build new economies and establish new political systems. Today, the former Soviet Union countries are still grappling with the legacy of the Soviet era, and economic development remains a major challenge. In this article, we will take a look at the GDP per capita of…