Cambodia’s growth prospects are positive. – The economy will grow by 6.9 percent this year, according to projections from the National Bank of Cambodia (NBC), spurred by the robust performance of the tourism, construction and garment sectors. – According to IMF numbers, world growth in 2018 will reach 3.7 percent. – The figure features in Read more about Country Report Cambodia[…]
Economic Overview – The Philippines is one of the most dynamic economies in the East Asia and the Pacific region. With increasing urbanization, a growing middle-income class, and a large and young population, the Philippines’ economic dynamism is rooted in strong consumer demand supported by improving real incomes and robust remittances. Business activities are Read more about Country Report Philippines[…]
Economic Overview Slovakia is a high-income advanced economy with a very high Human Development Index, a very high standard of living and performs favorably in measurements of civil liberties, press freedom, internet freedom, democratic governance and peacefulness. The country maintains a combination of market economy with a comprehensive social security system. Citizens of Slovakia are Read more about Country Report Slovakia[…]
Liechtenstein in a nutshell 1. Extended in 160km2 and its 38,000 inhabitants Liechtenstein is tucked away between Switzerland and Austria with mountain slopes rising above the Rhine Valley. 2. Over 34% of the population is not from Liechtenstein, in fact the biggest group of foreigners living in this country stem from neighbouring countries, in particular Read more about Country Report Liechtenstein[…]
Economic Overview Lithuania is a member of the European Union and the largest economy among the three Baltic states. It also has the highest GDP per capita in PPP. Lithuania belongs to the group of very high human development countries. The country’s economic freedom score is 75.3, making its economy the 19th freest in the Read more about Country Report Lithuania[…]
Economic Overview Bahrain was one of the first countries in the Middle East to discover crude oil. Though oil revenues continue to provide a considerable proportion of Bahrain’s GDP, the country is diversifying its economy expanding also in financial services, real estate and construction, and manufacturing sectors. Bahrain’s GDP grew by 2.5% in 2017 despite Read more about Country Report Bahrain[…]
Economic Overview Despite the robust pace of growth, the economy does not appear to be overheating. Inflation picked up, to 3.2% year-on-year in July 2017, but this reflects supply-side pressures from increases in administered tobacco prices and tariffs. Food prices have remained moderate (with inflation at about 2%). Private sector credit growth stood at 8.0% Read more about Country Report Seychelles[…]
Economic Overview Recently-released data shows a financial turnaround might be bit by bit grabbing hold by virtue of higher oil costs and government-drove enhancement endeavors. Solid provincial request drove non-oil fares to grow more than 25% every year in the January– October time of a year ago while yield in the refineries and oil enterprises Read more about Country Report Oman[…]
Economic Overview Myanmar, a lower-middle income economy with a GNI per capita of $1,455 in 2017, is one of the fastest growing economies in the East Asia and Pacific region. The GDP growth rate for 2016/2017 was 6.4 percent, the same in 2017/18, expected to growing to 6.7% in 2018/19 and 7 percent in 2019/2020, Read more about Country Report Myanmar[…]
Economic Overview Latvia at present appreciates solid monetary development and it has embraced various changes in key regions. Latvia’s economy is on general solid balance with strong profitability development, however fast wage development conveys a few dangers. Latvia has executed a noteworthy duty change and is seeking after changes in other key zones like human Read more about Country Report Latvia[…]