Economics

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Manufactured iron and steel products such as automobiles, heavy machinery, and military technology keep highly industrialized countries such as the United States and Germany in need of billions of USD in iron and steel imports per year.

Iron and Steel Importers By Country

Iron and steel helped build modern society and remain integral components of development today. Indeed, import values of iron and steel are more indicative of massive heavy industry operations than of a domestic shortage.

December 18, 2015 10:42

Ease in starting a new business is an essential factor for the World Bank Doing Business Report, and the top performers all succeed in this regard

The Best Countries to Start a Business In

Credit availability and property registration, along with other interesting factors, enable these countries to be fantastic places to start a business.

December 17, 2015 15:13

Timor-Leste (also known as East Timor) has the world's largest budget deficit as percentage of GDP, according to the CIA World Factbook.

Budget Deficit By Country As Percentage Of GDP

Countries across the world experience either budget surpluses or deficits, depending upon their economic policies. We look at the countries with the largest deficits as a percentage of their respective GDPs.

December 15, 2015 13:02

Leaps in technological advances have allowed countries across a wide spectrum of development to take part in the high-tech export race.

Global High Tech Exports By Country

With developed infrastructures and large amounts of available capital, the world’s biggest economies lead the way in global offerings of sophisticated technology.

December 14, 2015 16:40

Increases in the rental and service industries and decreases in mining and angling are changing the way US states contribute to the national wealth of the American economy.

GDP By State

The GDPs of the top three US states were comparable to those of Italy, Mexico, and Spain, respectively, while some of the lowest ranking states produced GDPs on par with those seen across many nations with developing economies.

December 14, 2015 16:24

Corn is the largest agricultural crop in the United States, which produces roughly 350 million tons of the plant per year.

Which Countries Export the Most Food?

The United States is the largest exporter of food products worldwide, sending massive amounts of plant and animal products around the world.

December 11, 2015 15:36

Robotic arm on a production line.

Lowest Industrial Production Growth Rates

Countries currently facing major declines in industrial growth include Ukraine, Libya, and Tajikistan, which are each suffering from a slew of different international and political issues.

December 10, 2015 12:53

Countries such as China, Mexico, and the United States are not only top importers, but are also among the countries with the fastest growing import levels, solidifying their reliance on imported commodities.

The World's Leading Import Countries

Demand for highly valued commodities such as oil, electrical equipment, and vehicles cause major developed and developing countries alike to import trillions of US dollars worth of goods.

December 9, 2015 16:31

Developing countries such as Tanzania and Cambodia are seeing incredible rates of industrial growth, increasing their economic presence and industrial capacity.

The Highest Industrial Production Growth Rates

International and internal politics combine with economic policy and natural resources in order to allow some countries to record the most rapid industrial growth worldwide.

December 9, 2015 15:22

The most common foreign currencies held by other countries are the US Dollar and the Euro, but other important currencies are kept as well.

Foreign Reserves By Country

The foreign exchange and gold reserves are means that allow a country to repay its debts of foreign obligations while also strengthening its domestic currency. These countries hold the largest amount of such reserves.

December 9, 2015 14:30

Cyber crime activities have resulted in average losses of over 5 million US dollars for countries such as Germany and the United States.

Average Cost Of Cybercrime Per Attack In Each Country

Just as the Internet has opened up new frontiers in business and media, it has proffered opportunities and incentives for new forms of crime. We look at the economies incurring the most in financial damages directly resulting from cyber crime activities.

December 9, 2015 11:12

Indonesia tops the list as the country with the lowest ODA per capita, receiving $0.21 USD per capita

Countries Who Receive the Least ODA Per Capita

While some developing countries receive foreign financial aid, international and internal issues cause places like Venezuela and Iran to receive far lower levels of assistance.

December 8, 2015 10:38

North Caroline has over 12,000 tobacco farms.

Tobacco Production By State

When it comes to the states that grow the most tobacco, North Carolina retains its traditional place out front. On the international market, however, U.S. tobacco continues to lose prestige as others rise to the top.

December 4, 2015 14:57

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