GDP per capita

GDP per capita in Ukraine: Past, Present, and Future (2014)

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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…


Romania: An Overview of its Economy and EU Membership (2014)

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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…


10 largest countries by military expenditures 2012

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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…


Future Forecast of GDP in CIS, Baltic States, and Georgia in 2018 - An Analysis

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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…


The Aftermath of the Soviet Union: Exploring the Economies of the CIS, Baltic States, and Georgia (2012)

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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…


Small Economies, Big Differences: Comparing the 10 Smallest Economies in the European Union (2012)

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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…


Democratic Republic of Congo - The World's Poorest Country by GDP Per Capita (2013)

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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…


Estonia to catch up Scandinavia in next 10-15 years

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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…