Country profile
I-Major Features of the Economy under focus:
Size:
The absolute size of the economy.
♣ GDP and GNP both in nominal and PPP terms
Population:
The size of the population, its distribution according to gender and age, and its dependency structure. How educated is the population? Ethnic homogeneity.
♣ Population
♣ Male, female
♣ Population over 15
♣ Average years of study
♣ Illiteracy rate in the population over 15
♣ Dependency rate
♣ Minority groups as a percent of the total population
Wealth and well-being:
The average income and its distribution among the population.
♣ GDP/GNP per capita in absolute in PPP terms
♣ Index of inequality in income distribution (Gini)
♣ Women to men average income ratio
♣ Minorities to overall population income ratio
Economic structure:
Distribution over major sectors and high/low tech industries. Level of industrial development. Special attention to specific economic sectors and industries: Agriculture, textile, tourism and oil.
♣ Distribution of production according to major sectors (services, industry and agriculture) and industries.
Openness to world economy:
The level on integration into the world merchandised and financial markets. Local participation in international activities and vice versa. Institutional framework. Legislative limitations on trade, movement of capital and foreign exchanges.
♣ Revealed Comparative advantage index
♣ Exports (goods, services) value
♣ Imports (goods, services) value
♣ Foreign trade to GDP ratio
♣ Intra-industry trade indexes (total and by main partner countries)
♣ Number of foreign-based multinationals in the economy
♣ Bilateral and multilateral economic agreements
♣ Foreign investors’ establishment rights
Labor market:
Labor force size and quality. Technical skills, productivity and human capital. Average wage and unit of labor cost. Labor force distribution according to age and gender and minorities.