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61.Slovakia

  • Slovakia became a member of the European Union on the 1st of May 2004 and is experiencing a sustained and steady growth pace : the Slovak GDP growth rate was 4.5% in 2003, 5.5% in 2004 and 5% in 2005. The IMF forecasts a 5.4% growth in 2006. Growth is driven by exports and by domestic demand's recovery. The country benefits from a privileged ge...
    • UpDateTime : 2008-1-30 11:33:41

    62.Slovenia

  •   Slovenia is CEEC's most developed economy (Central and Eastern Europe Countries), per capita GDP being the highest there. In 2004, Slovenian economy registered good results and was driven by increasing exports and a dynamic domestic demand. Annual GDP growth rate was 2.5% in 2003, 4.6% in 2004 and is estimated at 3.9% in 2005. The...
    • UpDateTime : 2008-1-30 13:13:29

    63.South Africa

  • South Africa is the economic giant of the African continent, with nearly 40% of its Gross Domestic Product (GDP). In the manufacturing sector, 75 out of the 100 main African companies are South African. Growth is regular: GDP growth rate was 2.8% in 2003, 3.7% in 2004 and 4.3% in 2005. The economic indicators show positive signs: public accou...
    • UpDateTime : 2008-1-31 9:43:30

    64.South Korea

  • In 2005, the GDP growth rate was lower than in 2004, due to the weak domestic consumption, and the slack of the foreign trade. GDP growth rate was 3.1% in 2003, 4.6% en 2004 and 3.8% in 2005. The IMF forecasts a 5% growth in 2006. Even though South Korea is one of the world's most dynamic economies, it is now undergoing a confidence crisis: house...
    • UpDateTime : 2008-1-30 14:56:54

    65.Spain

  • Spain's economic growth has been accelerating since 2004. GDP growth rate was 2.4% in 2003, 3.1% in 2004, 3.2% in 2005. The IMF forecasts a 3% growth in 2006. This growth is carried by a sustained domestic demand, weak interest rates and by a good level of investments concerning infrastructures and housing. The growth contributes to the drop of...
    • UpDateTime : 2008-1-30 13:18:59

    66.Sweden

  • The activity slowdowned in 2005 after registered an important growth in 2004. GDP growth rate was 3.6% in 2004 and 2.6% in 2005. The IMF forecasts a 2.8% growth in 2006. The slowdown of economy largely depends on the decrease of Swedish exports which account for 45% of the GDP. Despite a preponderant State position, Swedish market is one of the...
    • UpDateTime : 2008-1-30 13:26:34

    67.Switzerland

  • Growth has followed an decreasing trend in 2005. Swiss GDP growth rate was 1.7% in 2004 and 0.8% in 2005. The IMF forecasts a 1.8% growth in 2006. Switzerland is particularly open to international trade and has achieved its best result concerning external trade : exports have risen by 4.5% in 2005. The unemployment rate is lowing (3.8% in 2005,...
    • UpDateTime : 2008-1-30 13:30:13

    68.Syria

  • The Syrian economy is slowly moving from a nationalised and interventionist economy to an economy that leaves private initiatives play a greater part. The economy's liberalisation only applies to banking sector, for the moment. The government has been trying to adopt a reviving budget policy to go with the moderate economic growth since 2000. The...
    • UpDateTime : 2008-1-31 9:38:23

    69.Taiwan

  • Taiwan is one of Asia's most successful economies which dynamism mainly relies on its external trade and its network of companies involved in high added value activities, such as electronic subcontracting. After a two-year economic slowdown from 2001 to 2003, the island finally has recovered its growth since 2004. GDP growth rate was 3.6% in 20...
    • UpDateTime : 2008-1-30 15:02:27

    70.Thailand

  • Thailand has been experiencing a sustained growth since 2002 but the activity slackened in 2005. Annual GDP growth rate was 6.9% in 2003, 6.1% in 2004 and 3.5% in 2005. Growth is mainly driven by the manufacturing sector. However, Thailand's competitiveness is threatened by emerging neighbouring economies, especially such as China. The financia...
    • UpDateTime : 2008-1-30 15:06:23
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