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51.Norway

  • The recovery started in 2004 was confirmed in 2005 : the GDP growth rate was 2.9% in 2004 and 3.1% in 2005. The IMF forecasts a 3.3% growth in 2006. The growth is mainly due to the domestic consumption (+3.7% in 2005) and the investment (+7.3% in 2005). Thanks to its hydrocarbons resources exploitation, Norway's development level and per capita...
    • UpDateTime : 2008-1-30 11:11:21

    52.Pakistan

  • Pakistani authorities have been setting up some reforms for several years, which result in a fast and steady growth of the country's economy. GDP growth rate was 6.4% in 2004 and 7.4% in 2005. The IMF forecasts a 6.5% growth in 2006. The economy is driven by agriculture and is consequently submitted to climatic hazards. Strong military tensions...
    • UpDateTime : 2008-1-30 14:36:01

    53.Panama

  • The Panamanian economy slackened in 2005 due to the decrease of the agricultural and industrial production. GDP growth rate was 6.2% in 2004 and 3.5% in 2005 and is estimated at 4% in 2006 according to the IMF. Panama's economy is very open and Panama Canal, one of world-wide maritime trade hubs, is the country's major activity. Some sectors such...
    • UpDateTime : 2008-1-30 16:16:43

    54.Peru

  • Peru is experiencing a favourable economic situation. The country registered a 5.5% annual GDP growth rate in 2005 and 5.1% in 2004. The IMF forecasts a 4.6% growth in 2006. Unlike its Latin American neighbours, the country did not suffer recent currencies devaluation as the Brazilian Real or the Argentinean Peso did. The economy's growth, bols...
    • UpDateTime : 2008-1-30 16:23:15

    55.Philippines

  • Growth has been keeping up for several years in Philippines. The GDP growth rate was 6.1% in 2004 and 4.7% in 2005. The IMF forecasts a 4.8% growth in 2006. However, this growth is not sufficient to curb the country's high level of poverty. 40% of the population lives with less than 2 dollars a day and unemployment affected 10.9% of the active ...
    • UpDateTime : 2008-1-30 14:41:42

    56.Poland

  • Poland became a member of the European Union on the 1st of May 2004. The country has been implementing important reforms for several years which made Polish market access conditions come closer to European standards. Poland is a major market: it accounts for half the economic and demographic weight of the 10 new EU members as a whole. The econo...
    • UpDateTime : 2008-1-30 11:14:34

    57.Portugal

  • After a three-year weak economic activity, Portugal seems to have started a slow recovery since 2006. Its GDP growth rate was -1.2% in 2003, it faltered to 1% in 2004 and was 0.5% in 2005. The IMF forecasts a 1.2% growth in 2006. The Portuguese economy remains fragile and the country has the lowest per capita revenue in the euro zone. The econo...
    • UpDateTime : 2008-1-30 11:18:33

    58.Romania

  • The GDP growth rate slackened in 2005 due to floods and the increase of imported products. As a matter of fact, the GDP growth rate was 8.3% in 2004 and 5% in 2005. The IMF forecasts a 5% growth in 2006. This growth goes with inflation continuous decline in the last 9 years : the inflation rate reaching 154.8% in 1997 was driven down at 8.8% in...
    • UpDateTime : 2008-1-30 11:22:30

    59.Russia

  • The economic activity slackened in 2005 but is still dynamic. Annual GDP growth rate was 7.2% in 2004 and 5.5% in 2005. The OECD forecasts a 5.2% growth in 2006. This economic expansion relies on oil prices steadiness and on wealthy public funds. Russian economy is dependent on raw materials prices accounting for 80% of its exports; Russia is t...
    • UpDateTime : 2008-1-30 11:27:47

    60.Saudi Arabia

  • Saudi economy is very dependent on oil revenues : with one-fourth of the world oil reserves available, Saudi Arabia is the largest producer of oil among OPEC members. For a few months, oil prices increase has been profitable to Saudi Arabia. The country rose its production. The country's economic activity was stimulated by high barrel price...
    • UpDateTime : 2008-1-31 9:23:15
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