GDP per capita

The Ukrainian economy has struggled to reach its full potential, with a GDP per capita of $3,866 thousands in 2012. Despite recent developments, such as the signing of the Association Agreement with the European Union, Ukraine's economy remains far behind that of its neighbors, including Russia. A look at the historical GDP data for Ukraine reveals a pattern of underperformance compared to Russia. Despite being a relatively large country, Ukraine has consistently had a GDP per capita that is…

Yesterday I took a brief overview of Moldova, and today I'm eager to dive into the neighboring country of Romania. Romania is a full-fledged member of the European Union since 2007, together with Bulgaria, and is considered one of the poorest countries in the EU in terms of wealth. With a population of 21.33 million people and a GDP of 169.4 billion USD in 2012, Romania's GDP per capita is 7.942 thousands USD. Although Romania is four times richer than its neighbor Moldova, it is still five…

In a world shaped by geopolitical dynamics, military spending plays a pivotal role in defining a nation's strategic capabilities. Let's delve into the realm of defense budgets and unveil the top 10 countries that invest significantly in their military apparatus.1. The World's Top 10 Richest Countries by Military Expenditures:United States: $682.478 billionChina: $166.107 billionRussia: $90.749 billionUnited Kingdom: $61.007 billionJapan: $59.267 billionFrance: $58.943 billionSaudi Arabia: $56.…

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 from EU side. And that makes Turkey angry. From one side - EU is feeling fears, if Turkey will join EU, then mass migration of Turkish job seekers will over flood EU, on other hand it sounds kinda ridiculous. Germany, the main country against Turkey…

I recently wrote an article exploring the Gross Domestic Product (GDP) of the Commonwealth of Independent States (CIS), Baltic states, and Georgia in 2012. Now, I'm turning my gaze to the future and examining what the economies of the former Soviet Union republics may look like in 2018. Why 2018? I'm relying on IMF forecasts, and as of now, the closest future projections available from the IMF extend until 2018. As per the data provided by the IMF, in 2018, the largest economy in the CIS,…

The collapse of the Soviet Union in 1991 marked the end of a massive political and economic entity, leading to the creation of several independent states. The Commonwealth of Independent States (CIS), Baltic states, and Georgia are some of the countries that emerged from the Soviet Union's ashes. But what happened to these countries after the collapse and what has become of their economies in the present day? First, let's take a look at the economy of the former Soviet Union countries as a…

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…

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…

<p>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.&nbsp;</p><p>United States accounts about $15.8 trilion GDP in 2012, whilce China's GDP is about $8.227. Some opportunists have called year <a href="http://www.globaltimes.cn/content/760166.shtml">2017, when China will…

<p>Recently I have compared economies of <a href="http://reinisfischer.com/armenia-then-now-future">Armenia</a&gt;, <a href="http://reinisfischer.com/georgia-then-now-future">Georgia</a&gt;, <a href="http://reinisfischer.com/turkmenistan-gdp-1990-2014">Turkmenistan</a&gt;, <a href="http://reinisfischer.com/ukraines-gdp-growth-1990-2012">Ukraine</a&gt;, as well made some sarcastic post concerning…