Economics

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El Teniente, an underground copper mine in the commune of Machalí in the Cachapoal Province of Chile.

Export Economies Driven By Mineral Ores And Metals

More than half of Chile's merchandise export revenues are sourced from mineral ores and metals.

April 25, 2017 12:31

Largely dependent on tourism and foreign aid, island nations are often seen exporting few products beyond their borders.

Countries With The Largest Decreases In Export Volumes Since 2000

Several island nations currently record exceptionally low export volume indices.

April 25, 2017 12:31

As business registration rates are increasing globally, paper filings are being replaced by electronic systems.

Formal Registration Rates Of New Businesses Around The Globe

Each country has its own protocol for registering new firms, and different regions of the globe see different adherence rates to these requirements.

April 25, 2017 12:31

War and corruption reversed development in Eritrea in the final years of the 20th Century, though it is slowly rebounding.

Most Unfriendly Businesses Regulations In The World

As per the World Bank Ease of Doing Business Index, Eritrea and Libya have environments that are less than conducive to business functions.

April 25, 2017 12:31

Power outages are a nuisance and cause heavy losses to businesses around the world if not resolved quickly.

Power Outages In Places Of Business Around The World

South Asian businesses may face loss of power on an almost daily basis, while such an event is a rarity in Europe.

April 25, 2017 12:31

The higher number of aged people in the developed world has led to increased expenditure on medicines.

Countries With The Highest Expenditures On Medicines As A Percentage Of GDP

The United States dedicates 2% of its GDP to buying medicines, the highest in the world, followed by Japan and Greece.

April 25, 2017 12:31

With its huge wealth of fertile lands, India is able to generate sufficient crops to feed its own population.

Countries With The Least Food Imports Relative To All Merchandise Imports

Developed economies with a high demand for non-food and other non-essential goods comprise much of the list.

April 25, 2017 12:31

Automatic storage warehouse for small parts.

Countries Requiring The Fewest Procedures To Build A Warehouse

Based on World Bank data, 9 countries require 8 or fewer procedures to build a warehouse.

April 25, 2017 12:31

A meeting between representatives of Russian and Spanish business communities at Moscow.

Countries With The Most New Businesses Per Year

At last count, Russia saw almost half of a million new businesses registered in a single year.

April 25, 2017 12:31

Day and night, Hong Kong's port never ceases to move goods in and out of the international trade powerhouse.

National Economies Driven By The Merchandise Trade

The sum of merchandise import and export values more than double annual Gross Domestic Product figures in both Hong Kong and Singapore.

April 25, 2017 12:31

Not only is tax evasion immoral and harmful to national budgets, it can see offenders end up behind bars.

Prevalence Of Sales Tax Evasion Around The World

In many countries, more than half of firms admit not reporting all of their sales revenues to tax officials, potentially harming both themselves and their governments.

April 25, 2017 12:31

Concentrated commercial grade synthetic fertilizer and a perennial flower seedling warehouse in New Zealand.

Export Economies Most Driven By Agricultural Raw Materials

Crop seeds, animal feed, fertilizer, and similar goods are important export commodities for Ethiopia, New Zealand, and others to make the list.

April 25, 2017 12:31

Armored vehicles patroling streets of Goma, DRC, for civil protection: Lack of safety and security discourages new businesses in the country.

Countries Registering The Fewest New Businesses Per Capita

Large informal sectors and a lack of entrepreneurial opportunities drive low rates of new business registrations in many countries.

April 25, 2017 12:31

Americans love to shop for domestic and foreign goods alike, as evidenced by the many shopping malls in the U.S.

Global Leaders In Merchandise Imports

The United States, China, and Germany each import more than US $1 Trillion in merchandise imports each year.

April 25, 2017 12:31

Egyptian dates ready to harvest from a date palm tree and others ready to sale in an Egyptian marketplace.

Leading Countries Growing Dates (Fresh Date Palm Fruits)

Led by Egypt, Middle Eastern, West Asian, and North African countries grow the most fresh fruits of the date palm tree.

April 25, 2017 12:31

Lines of oil tanks on railways bring massive quantities of fuel and petroleum products into Belarus from Russia.

Countries Where Fuel Imports Comprise Large Shares Of Total Imports

Fuels make up more than one-fourth of all imports in Belarus, India, Greece, and Zimbabwe.

April 25, 2017 12:31

Petroleum refineries and oil holding tanks dominate the landscape outside the Venezuelan port city of La Cruz.

Non-Arabic Countries Where Fuel Exports Comprise Large Shares Of Total Merchandise Exports

The majority of merchandise export revenues in Venezuela, Norway, and Russia are sourced from fuels.

April 25, 2017 12:31

From banking to travel to e-learning, the Internet has made it easier than ever to render commercial services abroad.

Top Commercial Service Exporting Countries

The United States rendered services valued at $690 Billion to foreign markets in 2015, doubling the second place United Kingdom.

April 25, 2017 12:31

Hong Kong, an economy that has rapidly developed in the past few decades and has the highest economic freedom.

Countries With The Most Economic Freedom

As per the 2016 Index Of Economic Freedom, Hong Kong, Singapore, and New Zealand have the highest levels of economic freedom for their people and businesses.

April 25, 2017 12:31