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41.Kuwait

  • After an important increase in 2004, the activity slowdowned in 2005 : annual GDP growth rate was 6.3% in 2004 and 5.6% in 2005. It is estimated at 5.3% in 2006. The Kuwaiti economy heavily relies on oil sector which contributed to 50% of the GDP and 95% of budget resources. Actually, Kuwait holds 10% of world-wide oil resources and is the worl...
    • UpDateTime : 2008-1-31 9:17:15

    42.Latvia

  • The Latvian economy has been registering good results for several years. The activity slackened in 2005 : the GDP growth rate reaching 8.5% in 2004 and 7.8% in 2005. The IMF forecasts a 6.8% growth in 2006. This good performance is mainly due to consumption and investment's sustained pace. Furthermore, Latvia became a member of the EU on the 1s...
    • UpDateTime : 2008-1-30 10:14:37

    43.Lebanon

  • Lebanese authorities have committed in a significant programme of structural reforms in order to straighten out the country's tough economic situation. Lebanon's growth was sustained during the reconstruction period in the 1990s. It gradually crumbled between 1996 and 2000 and has revived since then. GDP growth rate was 4.9% in 2003 and 6.3% in...
    • UpDateTime : 2008-1-31 9:19:14

    44.Lithuania

  • Lithuania has been experiencing a strong growth pace for the last three years: GDP growth rate was 6.7% in 2004 and 6.8% in 2005. The IMF forecasts a 6.5% growth in 2006. Private consumption and investment are growth's main driving forces. Lithuanian workforce, although qualified and cheap, suffers from an important unemployment rate : 11.3% in 2...
    • UpDateTime : 2008-1-30 10:27:31

    45.Luxembourg

  • Luxembourg's economy slackened in 2005 : the GDP growth rate was 4.2% in 2004 and 3.1% in 2005. The IMF forecasts a 3.2% growth in 2006. This activity upturn is mainly driven by exports of services. Unemployment rate remains one of the lowest in Europe, despite a recent increase: it affected 4.6% of the active population in 2005. The agricult...
    • UpDateTime : 2008-1-30 10:32:16

    46.Malta

  • During the 90s, Malta has known an average 5% annual growth, especially bolstered by huge infrastructure projects such as the construction of the international airport and the island's Freeport. For four years, growth has shrank due to a reversal of the international economic situation. Annual GDP growth rate was indeed -1.7% in 2003, 1.4% in 2...
    • UpDateTime : 2008-1-30 10:34:46

    47.Mexico

  • The economic activity slackened in 2005 with a GDP growth rate at 3% in 2005 whereas it was 4.4% in 2004. The IMF forecasts a 3.5% growth in 2006. This improvement in the economic situation is due to high oil prices and the relaxing of the monetary politicy. The weak point of the Mexican economy is its dependance on the North America : 80% of M...
    • UpDateTime : 2008-1-30 16:06:07

    48.Morocco

  • The Moroccan economy has known a regular growth for several years. GDP growth rate was 5.2% in 2003, 5.5% in 2004 but is likely to plunge to 1.8% in 2005. However, this growth remains insufficient to curb poverty and high unemployment (11% in 2005). The IMF forecasts a 5.9% growth in 2006. Economy's performance strongly relies on climatic conditi...
    • UpDateTime : 2008-1-31 8:59:18

    49.Netherlands

  • The GDP growth rate plunged in 2005 at 0.7% whereas it was 1.4% in 2004. The IMF forecasts a 2% growth in 2006. This weak growth is mainly due to the deterioration of the international economic situation, especially in Germany, and to a loss of competitiveness for Dutch products. The domestic consumption and the invesment were low in 2005 (resp...
    • UpDateTime : 2008-1-30 10:37:41

    50.New Zealand

  • New Zealand economy slackened in 2005. GDP growth rate plunged to 2.5% in 2005 whereas it was 4.4% in 2004. The IMF forecasts a 2.5% growth in 2006. After the decrease of the official market rate, the investments slackened but the domestic consumption still remained high to the end of 2005. . Inflation is under control (3.2% in 2005) and ...
    • UpDateTime : 2008-1-30 14:32:05
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