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Country Profiles

11.Austria

  •       The economic activity in Austria is going through a moderate growth, mainly due to an economic slowdown in Germany, Austria's favourite trade partner. The country's GDP growth rate was 0.7% during 2003, 2.2% in 2004 and 1.9% in 2005. For 2006, it is estimated at 2.2%, especially thanks to an improvement in the German and S...
  • UpDateTime : 2008-1-29 13:27:42

    12.Azerbaijan

  • The Azerbaijani economy shows very good economic results: the annual growth rate has been above 10% since 2000 : 11.2% in 2004, and 18.7% in 2005. The IMF forecasts a record growth in 2006, at 26.6%. This good economic health relies on international oil prices : oil products account for 90% of the country's total exports. Azerbaijan holds 0.7% of...
  • UpDateTime : 2008-1-30 13:52:56

    13.Belarus

  •   The Byelorussian economy remains rigidly set in the soviet model, although it resisted the USSR disappearance better than other countries (at the end of 1999, its GDP accounted for 89% of 1990's GDP). Agriculture is a good example: collective farms occupy 82% of the agricultural land. More generally, private companies are still a minority...
  • UpDateTime : 2008-1-29 15:52:22

    14.Belgium

  • The GDP growth was only 1.2% in 2005 whereas it was 2.9% in 2004. The IMF forecasts a 1.9% growth in 2006. This moderate growth is the consequence of a limited domestic demand as well as a weak external demand for Belgian products due to the French, German and Dutch economic slowdown. The Belgian economy strongly relies on its European trade pa...
  • UpDateTime : 2008-1-29 15:02:42

    15.Bulgaria

  • With the beginning of a structural policy of reforms, Bulgaria's economy has stabilized and has known a vivid growth for several years. GDP growth rate was 5.6% in 2004 and 5.5% en 2005. The IMF forecasts a 5.5% growth 2006. FDIs dropped in 2005 : it amounted 1.8 billion dollars in 2005 (-34.4% compared in 2004). The country is widely supported b...
  • UpDateTime : 2008-1-29 16:23:35

    16.Cameroon

  • The economy of Cameroon keeps on showing quite a good number of results, in spite of the slowdown in 2005 : the GDP rate was 4.8% in 2003, and 2.8% in 2005. The IMF forecasts a 4.3% growth rate in 2006. This stabilization of the economy has led financial backers to lighten the external debt of the country. However, this dynamism is still fragil...
  • UpDateTime : 2008-1-31 8:55:11

    17.Canada

  • The growth remained dynamic in 2005 with a GDP growth equivalent to the growth in 2004, at 2.9%. According to the FMI, it is expected to stabilize at 3.1% in 2006. The basics figures are still good : unemployment touched 6.7% of the active population in 2005 and the inflation rate is restrained. The domestic consumption and the investments rema...
  • UpDateTime : 2008-1-30 15:35:45

    18.Chile

  • The Chilean economy is one of the most performing in Latin America and the market is quoted as a model of economic stability by foreign investors. In 2005, the economic growth remained strong : the GDP growth was 5,9% and 6.1% in 2004. The IMF forecasts a 5.8% growth for 2006. The mining sector is the main asset of the economy, and Chile benefit...
  • UpDateTime : 2008-1-30 15:42:27

    19.China

  • China has become an inevitable actor in the world economics and the country now represents 4% of the world GDP. The economic growth remains high with a 9.3% GDP growth rate in 2003, 9.5% in 2004 and 9% in 2005. The FMI forecasts an 8.2% growth in 2006. These good performances can be explained by a sustained domestic consumption, a boom in the p...
  • UpDateTime : 2008-1-30 13:58:52

    20.Colombia

  • Growth has been quite regular since Alvaro Uribe's election to the Colombian presidency in 2002. GDP growth rate was 4% in 2004 and 2005. The IMF forecasts also a 4% growth in 2005. Colombia holds a certain number of assets: abundant natural resources (agriculture, hydrocarbons and mines), skilled labour force and advanced economic reforms. How...
  • UpDateTime : 2008-1-30 15:47:29
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