Economical overview Agricultural exports have traditionally been the mainstay of the Dominican economy, which, however, has gained a wider base since the 1980s. Tourism, the telecom sector and the economic free zones have grown...
Economical overview East Timor is a country with a lot of money but with many poor residents. At the same time as oil and natural gas extraction provides good income to the state, about...
Economical overview Ecuador is one of South America’s poorest countries. For long periods, high unemployment, high inflation and a weak modern sector have slowed economic development and created political unrest. In recent years, attempts...
Economical overview Egypt is the most populous country of the Middle East but at the same time one of the poorest. Main sources of income are oil and gas exports, tourism and revenue from...
Economical overview El Salvador is considered a middle-income country, but its assets and income are unevenly distributed. Economic power is held by a small, land-owning elite who originally earned their money on sugar and...
Economical overview Equatorial Guinea’s economy is almost entirely based on oil and to some extent natural gas. The economic significance of other activities, such as the service sector and agriculture and forestry, is negligible....
Economical overview Eritrea is one of the world’s poorest countries. Half a century of war or warlike conditions have left deep traces. In connection with the fighting, roads and other infrastructure were destroyed, farmland...
Economical overview Estonia’s liberal market economy is dominated by a service sector with advanced IT technology. With successful exports, the economy has recovered after repeated crises. The budget is in balance and central government...
Economical overview Agriculture is Ethiopia’s economic base and accounts for almost a third of GDP. Apart from the processing of agricultural products, other industries are of no greater importance. Despite strong economic growth since...
Economical overview Fiji is the largest, most developed and least dependent economy in the South Pacific, but in a global perspective, the country is small and vulnerable. Fiji is considered by the World Bank...
Economical overview In addition to the forest, Finland has few natural resources. Despite this, the country has achieved a high standard of living. In addition to the forest industry, the most important industries also...
Economical overview France’s economy is one of the largest in the world. The country has a large industrial base, extensive agriculture and a lively service sector. The infrastructure is excellent and the workforce highly...
Economical overview Gabon is rich in oil, timber and minerals. The country has one of the highest incomes per inhabitant of sub-Saharan Africa. However, prosperity is mainly a small group of Gabonese people. Most...
Economical overview The Gambia economy is based on agriculture. Peanuts and peanut products dominate exports. Tourism is also important, as are money shipments from Gambians working abroad. The dependency on aid is great. The...
Economical overview Georgia is rich in natural resources and enjoys a favorable geographical location along the trade route between the Caspian Sea and the Black Sea. There are good conditions for fruit and wine...
Economical overview Since Germany, for a couple of decades around the turn of the millennium, was seen as an economic problem child among the EU countries, the German economy with its stable growth during...
Economical overview Ghana’s economy is based on gold, oil and cocoa production. The country is also in the process of developing a natural gas industry. The oil sector provides good revenue to the state,...
Economical overview Greece has been in a constant economic crisis since the autumn of 2008 – the deepest so far in an EU country. During the period 2009–2014, the country’s gross domestic product (GDP)...
Economical overview Grenada is heavily dependent on tourism and agriculture. The small economy is vulnerable to weather and wind as well as to fluctuations in the world economy, which became clear after the hurricanes...
Economical overview Agriculture has long been Guatemala’s main industry, but today the service sector is the largest. The manufacturing industry has also become an important source of income, as has the increase in tourism....
Economical overview Guinea has plenty of natural resources and could be one of West Africa’s richest countries, but many years of political and economic mismanagement have hampered development. The official economy is largely built...
Economical overview Guinea-Bissau’s most important industry is agriculture, but most of the residents grow mostly for their own use. The export sector is small and is almost entirely dominated by cashews, which makes the...
Economical overview Despite rich natural resources, Guyana is one of the western hemisphere’s poorest and most indebted countries. However, new found oil riches are expected to lead to a rapid economic upswing starting in...
Economical overview Haiti is the poorest country in the western hemisphere and a large part of the population lives in deep poverty. The gap between the poor and the rich is huge. The country...
Economical overview The Vatican’s economic base is the compensation received from the Italian state when the Lateran Treaties (see Older History) and the Concordate (see Modern History) were concluded. The other major source of...
Economical overview Honduras is one of Latin America’s poorest countries. Historically, the economy has been completely dependent on coffee and banana exports, but during the 1990s production expanded. Nowadays, foreign-owned assembly plants, so-called maquilas,...
Economical overview Today, Hungary’s economy is built around the service sector – which accounts for two-thirds of gross domestic product (GDP) and employs an equal share of the workforce – and industry that accounts...
Economical overview Around the turn of the millennium, Iceland was rapidly transformed from a fishing nation to an international player in the banking and finance sector. In the context of the global financial crisis...
Economical overview India has Asia’s third largest economy after China and Japan. The country has an extensive industrial and service sector, while more than half the population rely on agriculture, often for their own...
Economical overview Indonesia is Southeast Asia’s largest economy. The country has undergone extensive economic transformation since the 1998 Asian crisis and now attracts investors with a large consumer market, rich natural resources and political...