auto-update week 20

This commit is contained in:
Yo Robot 2022-05-19 22:12:08 +00:00
parent 7890429bbf
commit 08c22936f2
235 changed files with 1472 additions and 1466 deletions

View file

@ -997,18 +997,18 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "223,469 (2020)"
"text": "223,469 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "7.77 (2020 est.)"
"text": "8 (2020 est.)"
}
},
"Telephones - mobile cellular": {
"total subscriptions": {
"text": "2,618,880 (2021)"
"text": "2,618,880 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "91 (2021)"
"text": "91 (2020 est.)"
}
},
"Telecommunication systems": {
@ -1039,10 +1039,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "508,937 (2022)"
"text": "508,937 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "17.68 (2022)"
"text": "18 (2020 est.)"
}
}
},

View file

@ -565,7 +565,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Andorra has a developed economy and a free market, with per capita income above the European average and above the level of its neighbors, Spain and France. The country has developed a sophisticated infrastructure including a one-of-a-kind micro-fiber-optic network for the entire country. Tourism, retail sales, and finance comprise more than three-quarters of GDP. Duty-free shopping for some products and the countrys summer and winter resorts attract millions of visitors annually. Andorra uses the euro and is effectively subject to the monetary policy of the European Central Bank. Andorra's comparative advantage as a tax haven eroded when the borders of neighboring France and Spain opened and the government eased bank secrecy laws under pressure from the EU and OECD.</p><p></p><p>Agricultural production is limited - only about 5% of the land is arable - and most food has to be imported, making the economy vulnerable to changes in fuel and food prices. The principal livestock is sheep. Manufacturing output and exports consist mainly of perfumes and cosmetic products, products of the printing industry, electrical machinery and equipment, clothing, tobacco products, and furniture. Andorra is a member of the EU Customs Union and is treated as an EU member for trade in manufactured goods (no tariffs) and as a non-EU member for agricultural products.</p><p></p><p>To provide incentives for growth and diversification in the economy, the Andorran government began sweeping economic reforms in 2006. The Parliament approved three laws to complement the first phase of economic openness: on companies (October 2007), on business accounting (December 2007), and on foreign investment (April 2008 and June 2012). From 2011 to 2015, the Parliament also approved direct taxes in the form of taxes on corporations, on individual incomes of residents and non-residents, and on capital gains, savings, and economic activities. These regulations aim to establish a transparent, modern, and internationally comparable regulatory framework, in order to attract foreign investment and businesses that offer higher value added.</p>"
"text": "<p>Andorra has a developed economy and a free market, with per capita income above the European average and above the level of its neighbors, Spain and France. The country has developed a sophisticated infrastructure including a one-of-a-kind micro-fiber-optic network for the entire country. Tourism, retail sales, and finance comprise more than three-quarters of GDP. Duty-free shopping for some products and the countrys summer and winter resorts attract millions of visitors annually. Andorra uses the euro and is effectively subject to the monetary policy of the European Central Bank. Andorra's comparative advantage as a tax haven eroded when the borders of neighboring France and Spain opened and the government eased bank secrecy laws under pressure from the EU and OECD.</p> <p> </p> <p>Agricultural production is limited - only about 5% of the land is arable - and most food has to be imported, making the economy vulnerable to changes in fuel and food prices. The principal livestock is sheep. Manufacturing output and exports consist mainly of perfumes and cosmetic products, products of the printing industry, electrical machinery and equipment, clothing, tobacco products, and furniture. Andorra is a member of the EU Customs Union and is treated as an EU member for trade in manufactured goods (no tariffs) and as a non-EU member for agricultural products.</p> <p> </p> <p>To provide incentives for growth and diversification in the economy, the Andorran government began sweeping economic reforms in 2006. The Parliament approved three laws to complement the first phase of economic openness: on companies (October 2007), on business accounting (December 2007), and on foreign investment (April 2008 and June 2012). From 2011 to 2015, the Parliament also approved direct taxes in the form of taxes on corporations, on individual incomes of residents and non-residents, and on capital gains, savings, and economic activities. These regulations aim to establish a transparent, modern, and internationally comparable regulatory framework, in order to attract foreign investment and businesses that offer higher value added.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2015": {
@ -816,18 +816,18 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "39,657 (2019)"
"text": "40,000 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "51.41 (2019 est.)"
"text": "52 (2020 est.)"
}
},
"Telephones - mobile cellular": {
"total subscriptions": {
"text": "87,909 (2019)"
"text": "94,000 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "114 (2019 est.)"
"text": "122 (2020 est.)"
}
},
"Telecommunication systems": {
@ -858,10 +858,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "37,000 (2022 est.)"
"text": "37,000 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "47.89 (2022)"
"text": "48 (2020 est.)"
}
}
},

View file

@ -646,7 +646,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Austria is a well-developed market economy with skilled labor force and high standard of living. It is closely tied to other EU economies, especially Germany's, but also the US, its third-largest trade partner. Its economy features a large service sector, a sound industrial sector, and a small, but highly developed agricultural sector.</p><p></p><p>Austrian economic growth strengthen in 2017, with a 2.9% increase in GDP. Austrian exports, accounting for around 60% of the GDP, were up 8.2% in 2017. Austrias unemployment rate fell by 0.3% to 5.5%, which is low by European standards, but still at its second highest rate since the end of World War II, driven by an increased number of refugees and EU migrants entering the labor market.</p><p></p><p>Austria's fiscal position compares favorably with other euro-zone countries. The budget deficit stood at a low 0.7% of GDP in 2017 and public debt declined again to 78.4% of GDP in 2017, after reaching a post-war high 84.6% in 2015. The Austrian government has announced it plans to balance the fiscal budget in 2019. Several external risks, such as Austrian banks' exposure to Central and Eastern Europe, the refugee crisis, and continued unrest in Russia/Ukraine, eased in 2017, but are still a factor for the Austrian economy. Exposure to the Russian banking sector and a deep energy relationship with Russia present additional risks.</p><p></p><p>Austria elected a new pro-business government in October 2017 that campaigned on promises to reduce bureaucracy, improve public sector efficiency, reduce labor market protections, and provide positive investment incentives.</p>"
"text": "<p>Austria is a well-developed market economy with skilled labor force and high standard of living. It is closely tied to other EU economies, especially Germany's, but also the US, its third-largest trade partner. Its economy features a large service sector, a sound industrial sector, and a small, but highly developed agricultural sector.</p> <p> </p> <p>Austrian economic growth strengthen in 2017, with a 2.9% increase in GDP. Austrian exports, accounting for around 60% of the GDP, were up 8.2% in 2017. Austrias unemployment rate fell by 0.3% to 5.5%, which is low by European standards, but still at its second highest rate since the end of World War II, driven by an increased number of refugees and EU migrants entering the labor market.</p> <p> </p> <p>Austria's fiscal position compares favorably with other euro-zone countries. The budget deficit stood at a low 0.7% of GDP in 2017 and public debt declined again to 78.4% of GDP in 2017, after reaching a post-war high 84.6% in 2015. The Austrian government has announced it plans to balance the fiscal budget in 2019. Several external risks, such as Austrian banks' exposure to Central and Eastern Europe, the refugee crisis, and continued unrest in Russia/Ukraine, eased in 2017, but are still a factor for the Austrian economy. Exposure to the Russian banking sector and a deep energy relationship with Russia present additional risks.</p> <p> </p> <p>Austria elected a new pro-business government in October 2017 that campaigned on promises to reduce bureaucracy, improve public sector efficiency, reduce labor market protections, and provide positive investment incentives.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -981,18 +981,18 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "3,786,725 (2020)"
"text": "3,786,725 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "42.04 (2020 est.)"
"text": "42 (2020 est.)"
}
},
"Telephones - mobile cellular": {
"total subscriptions": {
"text": "10,682,294 (2020)"
"text": "10,717,445 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "118.6 (2020 est.)"
"text": "119 (2020 est.)"
}
},
"Telecommunication systems": {
@ -1023,10 +1023,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "2.606 million (2021)"
"text": "2.606 million (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "28.93 (2021 est.)"
"text": "29 (2020 est.)"
}
},
"Communications - note": {

View file

@ -634,7 +634,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Belgiums central geographic location and highly developed transport network have helped develop a well-diversified economy, with a broad mix of transport, services, manufacturing, and high tech. Service and high-tech industries are concentrated in the northern Flanders region while the southern region of Wallonia is home to industries like coal and steel manufacturing. Belgium is completely reliant on foreign sources of fossil fuels, and the planned closure of its seven nuclear plants by 2025 should increase its dependence on foreign energy. Its role as a regional logistical hub makes its economy vulnerable to shifts in foreign demand, particularly with EU trading partners. Roughly three-quarters of Belgium's trade is with other EU countries, and the port of Zeebrugge conducts almost half its trade with the United Kingdom alone, leaving Belgiums economy vulnerable to the outcome of negotiations on the UKs exit from the EU.</p><p></p><p>Belgiums GDP grew by 1.7% in 2017 and the budget deficit was 1.5% of GDP. Unemployment stood at 7.3%, however the unemployment rate is lower in Flanders than Wallonia, 4.4% compared to 9.4%, because of industrial differences between the regions. The economy largely recovered from the March 2016 terrorist attacks that mainly impacted the Brussels region tourist and hospitality industry. Prime Minister Charles MICHEL's center-right government has pledged to further reduce the deficit in response to EU pressure to decrease Belgium's high public debt of about 104% of GDP, but such efforts would also dampen economic growth. In addition to restrained public spending, low wage growth and higher inflation promise to curtail a more robust recovery in private consumption.</p><p></p><p>The government has pledged to pursue a reform program to improve Belgiums competitiveness, including changes to labor market rules and welfare benefits. These changes have generally made Belgian wages more competitive regionally, but have raised tensions with trade unions, which have called for extended strikes. In 2017, Belgium approved a tax reform plan to ease corporate rates from 33% to 29% by 2018 and down to 25% by 2020. The tax plan also included benefits for innovation and SMEs, intended to spur competitiveness and private investment.</p>"
"text": "<p>Belgiums central geographic location and highly developed transport network have helped develop a well-diversified economy, with a broad mix of transport, services, manufacturing, and high tech. Service and high-tech industries are concentrated in the northern Flanders region while the southern region of Wallonia is home to industries like coal and steel manufacturing. Belgium is completely reliant on foreign sources of fossil fuels, and the planned closure of its seven nuclear plants by 2025 should increase its dependence on foreign energy. Its role as a regional logistical hub makes its economy vulnerable to shifts in foreign demand, particularly with EU trading partners. Roughly three-quarters of Belgium's trade is with other EU countries, and the port of Zeebrugge conducts almost half its trade with the United Kingdom alone, leaving Belgiums economy vulnerable to the outcome of negotiations on the UKs exit from the EU.</p> <p> </p> <p>Belgiums GDP grew by 1.7% in 2017 and the budget deficit was 1.5% of GDP. Unemployment stood at 7.3%, however the unemployment rate is lower in Flanders than Wallonia, 4.4% compared to 9.4%, because of industrial differences between the regions. The economy largely recovered from the March 2016 terrorist attacks that mainly impacted the Brussels region tourist and hospitality industry. Prime Minister Charles MICHEL's center-right government has pledged to further reduce the deficit in response to EU pressure to decrease Belgium's high public debt of about 104% of GDP, but such efforts would also dampen economic growth. In addition to restrained public spending, low wage growth and higher inflation promise to curtail a more robust recovery in private consumption.</p> <p> </p> <p>The government has pledged to pursue a reform program to improve Belgiums competitiveness, including changes to labor market rules and welfare benefits. These changes have generally made Belgian wages more competitive regionally, but have raised tensions with trade unions, which have called for extended strikes. In 2017, Belgium approved a tax reform plan to ease corporate rates from 33% to 29% by 2018 and down to 25% by 2020. The tax plan also included benefits for innovation and SMEs, intended to spur competitiveness and private investment.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -969,18 +969,18 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "3,634,639 (2020)"
"text": "3,634,639 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "31.36 (2020 est.)"
"text": "31 (2020 est.)"
}
},
"Telephones - mobile cellular": {
"total subscriptions": {
"text": "11,529,728 (2020)"
"text": "11,529,728 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "99.48 (2020 est.)"
"text": "99 (2020 est.)"
}
},
"Telecommunication systems": {
@ -1011,10 +1011,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "4,734,210 (2021)"
"text": "4,734,210 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "40.85 (2021)"
"text": "41 (2020 est.)"
}
}
},

View file

@ -1,7 +1,7 @@
{
"Introduction": {
"Background": {
"text": "<p>Bosnia and Herzegovina declared sovereignty in October 1991 and independence from the former Yugoslavia on 3 March 1992 after a referendum boycotted by ethnic Serbs. The Bosnian Serbs - supported by neighboring Serbia and Montenegro - responded with armed resistance aimed at partitioning the republic along ethnic lines and joining Serb-held areas to form a \"Greater Serbia.\" In March 1994, Bosniaks and Croats reduced the number of warring factions from three to two by signing an agreement creating a joint Bosniak-Croat Federation of Bosnia and Herzegovina. On 21 November 1995, in Dayton, Ohio, the warring parties initialed a peace agreement that ended three years of interethnic civil strife (the final agreement was signed in Paris on 14 December 1995).</p><p>The Dayton Peace Accords retained Bosnia and Herzegovina's international boundaries and created a multiethnic and democratic government charged with conducting foreign, diplomatic, and fiscal policy. Also recognized was a second tier of government composed of two entities roughly equal in size: the predominantly Bosniak-Bosnian Croat Federation of Bosnia and Herzegovina and the predominantly Bosnian Serb-led Republika Srpska (RS). The Federation and RS governments are responsible for overseeing most government functions. Additionally, the Dayton Accords established the Office of the High Representative to oversee the implementation of the civilian aspects of the agreement. The Peace Implementation Council at its conference in Bonn in 1997 also gave the High Representative the authority to impose legislation and remove officials, the so-called \"Bonn Powers.\" An original NATO-led international peacekeeping force (IFOR) of 60,000 troops assembled in 1995 was succeeded over time by a smaller, NATO-led Stabilization Force (SFOR). In 2004, European Union peacekeeping troops (EUFOR) replaced SFOR. Currently, EUFOR deploys around 600 troops in theater in a security assistance and training capacity.</p>"
"text": "<p>Bosnia and Herzegovina declared sovereignty in October 1991 and independence from the former Yugoslavia on 3 March 1992 after a referendum boycotted by ethnic Serbs. The Bosnian Serbs - supported by neighboring Serbia and Montenegro - responded with armed resistance aimed at partitioning the republic along ethnic lines and joining Serb-held areas to form a \"Greater Serbia.\" In March 1994, Bosniaks and Croats reduced the number of warring factions from three to two by signing an agreement creating a joint Bosniak-Croat Federation of Bosnia and Herzegovina. On 21 November 1995, in Dayton, Ohio, the warring parties initialed a peace agreement that ended three years of interethnic civil strife (the final agreement was signed in Paris on 14 December 1995).</p> <p>The Dayton Peace Accords retained Bosnia and Herzegovina's international boundaries and created a multiethnic and democratic government charged with conducting foreign, diplomatic, and fiscal policy. Also recognized was a second tier of government composed of two entities roughly equal in size: the predominantly Bosniak-Bosnian Croat Federation of Bosnia and Herzegovina and the predominantly Bosnian Serb-led Republika Srpska (RS). The Federation and RS governments are responsible for overseeing most government functions. Additionally, the Dayton Accords established the Office of the High Representative to oversee the implementation of the civilian aspects of the agreement. The Peace Implementation Council at its conference in Bonn in 1997 also gave the High Representative the authority to impose legislation and remove officials, the so-called \"Bonn Powers.\" An original NATO-led international peacekeeping force (IFOR) of 60,000 troops assembled in 1995 was succeeded over time by a smaller, NATO-led Stabilization Force (SFOR). In 2004, European Union peacekeeping troops (EUFOR) replaced SFOR. Currently, EUFOR deploys around 600 troops in theater in a security assistance and training capacity.</p>"
}
},
"Geography": {
@ -648,7 +648,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Bosnia and Herzegovina has a transitional economy with limited market reforms. The economy relies heavily on the export of metals, energy, textiles, and furniture as well as on remittances and foreign aid. A highly decentralized government hampers economic policy coordination and reform, while excessive bureaucracy and a segmented market discourage foreign investment. The economy is among the least competitive in the region. Foreign banks, primarily from Austria and Italy, control much of the banking sector, though the largest bank is a private domestic one. The konvertibilna marka (convertible mark) - the national currency introduced in 1998 - is pegged to the euro through a currency board arrangement, which has maintained confidence in the currency and has facilitated reliable trade links with European partners. Bosnia and Herzegovina became a full member of the Central European Free Trade Agreement in September 2007. In 2016, Bosnia began a three-year IMF loan program, but it has struggled to meet the economic reform benchmarks required to receive all funding installments.</p><p></p><p>Bosnia and Herzegovina's private sector is growing slowly, but foreign investment dropped sharply after 2007 and remains low. High unemployment remains the most serious macroeconomic problem. Successful implementation of a value-added tax in 2006 provided a steady source of revenue for the government and helped rein in gray-market activity, though public perceptions of government corruption and misuse of taxpayer money has encouraged a large informal economy to persist. National-level statistics have improved over time, but a large share of economic activity remains unofficial and unrecorded.</p><p></p><p>Bosnia and Herzegovina's top economic priorities are: acceleration of integration into the EU; strengthening the fiscal system; public administration reform; World Trade Organization membership; and securing economic growth by fostering a dynamic, competitive private sector.</p>"
"text": "<p>Bosnia and Herzegovina has a transitional economy with limited market reforms. The economy relies heavily on the export of metals, energy, textiles, and furniture as well as on remittances and foreign aid. A highly decentralized government hampers economic policy coordination and reform, while excessive bureaucracy and a segmented market discourage foreign investment. The economy is among the least competitive in the region. Foreign banks, primarily from Austria and Italy, control much of the banking sector, though the largest bank is a private domestic one. The konvertibilna marka (convertible mark) - the national currency introduced in 1998 - is pegged to the euro through a currency board arrangement, which has maintained confidence in the currency and has facilitated reliable trade links with European partners. Bosnia and Herzegovina became a full member of the Central European Free Trade Agreement in September 2007. In 2016, Bosnia began a three-year IMF loan program, but it has struggled to meet the economic reform benchmarks required to receive all funding installments.</p> <p> </p> <p>Bosnia and Herzegovina's private sector is growing slowly, but foreign investment dropped sharply after 2007 and remains low. High unemployment remains the most serious macroeconomic problem. Successful implementation of a value-added tax in 2006 provided a steady source of revenue for the government and helped rein in gray-market activity, though public perceptions of government corruption and misuse of taxpayer money has encouraged a large informal economy to persist. National-level statistics have improved over time, but a large share of economic activity remains unofficial and unrecorded.</p> <p> </p> <p>Bosnia and Herzegovina's top economic priorities are: acceleration of integration into the EU; strengthening the fiscal system; public administration reform; World Trade Organization membership; and securing economic growth by fostering a dynamic, competitive private sector.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -981,12 +981,12 @@
"text": "706,135 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "21.52 (2020 est.)"
"text": "22 (2020 est.)"
}
},
"Telephones - mobile cellular": {
"total subscriptions": {
"text": "3,509,674 (2020)"
"text": "3,509,674 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "107 (2020 est.)"
@ -1020,10 +1020,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "770,424 (2021)"
"text": "770,424 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "23.48 (2021 est.)"
"text": "24 (2020 est.)"
}
}
},
@ -1167,7 +1167,7 @@
"stateless persons": {
"text": "149 (mid-year 2021)"
},
"note": "<strong>note:</strong> 89,389 estimated refugee and migrant arrivals (January 2015-April 2022)"
"note": "<strong>note:</strong> 89,773 estimated refugee and migrant arrivals (January 2015-May 2022)"
},
"Trafficking in persons": {
"current situation": {

View file

@ -657,7 +657,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>As part of the former Soviet Union, Belarus had a relatively well-developed industrial base, but it is now outdated, inefficient, and dependent on subsidized Russian energy and preferential access to Russian markets. The countrys agricultural base is largely dependent on government subsidies. Following the collapse of the Soviet Union, an initial burst of economic reforms included privatization of state enterprises, creation of private property rights, and the acceptance of private entrepreneurship, but by 1994 the reform effort dissipated. About 80% of industry remains in state hands, and foreign investment has virtually disappeared. Several businesses have been renationalized. State-owned entities account for 70-75% of GDP, and state banks make up 75% of the banking sector.</p><p></p><p>Economic output declined for several years following the break-up of the Soviet Union, but revived in the mid-2000s. Belarus has only small reserves of crude oil and imports crude oil and natural gas from Russia at subsidized, below market, prices. Belarus derives export revenue by refining Russian crude and selling it at market prices. Russia and Belarus have had serious disagreements over prices and quantities for Russian energy. Beginning in early 2016, Russia claimed Belarus began accumulating debt reaching $740 million by April 2017 for paying below the agreed price for Russian natural gas and Russia cut back its export of crude oil as a result of the debt. In April 2017, Belarus agreed to pay its gas debt and Russia restored the flow of crude.</p><p></p><p>New non-Russian foreign investment has been limited in recent years, largely because of an unfavorable financial climate. In 2011, a financial crisis lead to a nearly three-fold devaluation of the Belarusian ruble. The Belarusian economy has continued to struggle under the weight of high external debt servicing payments and a trade deficit. In mid-December 2014, the devaluation of the Russian ruble triggered a near 40% devaluation of the Belarusian ruble.</p><p></p><p>Belaruss economy stagnated between 2012 and 2016, widening productivity and income gaps between Belarus and neighboring countries. Budget revenues dropped because of falling global prices on key Belarusian export commodities. Since 2015, the Belarusian government has tightened its macro-economic policies, allowed more flexibility to its exchange rate, taken some steps towards price liberalization, and reduced subsidized government lending to state-owned enterprises. Belarus returned to modest growth in 2017, largely driven by improvement of external conditions and Belarus issued sovereign debt for the first time since 2011, which provided the country with badly-needed liquidity, and issued $600 million worth of Eurobonds in February 2018, predominantly to US and British investors.</p>"
"text": "<p>As part of the former Soviet Union, Belarus had a relatively well-developed industrial base, but it is now outdated, inefficient, and dependent on subsidized Russian energy and preferential access to Russian markets. The countrys agricultural base is largely dependent on government subsidies. Following the collapse of the Soviet Union, an initial burst of economic reforms included privatization of state enterprises, creation of private property rights, and the acceptance of private entrepreneurship, but by 1994 the reform effort dissipated. About 80% of industry remains in state hands, and foreign investment has virtually disappeared. Several businesses have been renationalized. State-owned entities account for 70-75% of GDP, and state banks make up 75% of the banking sector.</p> <p> </p> <p>Economic output declined for several years following the break-up of the Soviet Union, but revived in the mid-2000s. Belarus has only small reserves of crude oil and imports crude oil and natural gas from Russia at subsidized, below market, prices. Belarus derives export revenue by refining Russian crude and selling it at market prices. Russia and Belarus have had serious disagreements over prices and quantities for Russian energy. Beginning in early 2016, Russia claimed Belarus began accumulating debt reaching $740 million by April 2017 for paying below the agreed price for Russian natural gas and Russia cut back its export of crude oil as a result of the debt. In April 2017, Belarus agreed to pay its gas debt and Russia restored the flow of crude.</p> <p> </p> <p>New non-Russian foreign investment has been limited in recent years, largely because of an unfavorable financial climate. In 2011, a financial crisis lead to a nearly three-fold devaluation of the Belarusian ruble. The Belarusian economy has continued to struggle under the weight of high external debt servicing payments and a trade deficit. In mid-December 2014, the devaluation of the Russian ruble triggered a near 40% devaluation of the Belarusian ruble.</p> <p> </p> <p>Belaruss economy stagnated between 2012 and 2016, widening productivity and income gaps between Belarus and neighboring countries. Budget revenues dropped because of falling global prices on key Belarusian export commodities. Since 2015, the Belarusian government has tightened its macro-economic policies, allowed more flexibility to its exchange rate, taken some steps towards price liberalization, and reduced subsidized government lending to state-owned enterprises. Belarus returned to modest growth in 2017, largely driven by improvement of external conditions and Belarus issued sovereign debt for the first time since 2011, which provided the country with badly-needed liquidity, and issued $600 million worth of Eurobonds in February 2018, predominantly to US and British investors.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -992,18 +992,18 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "4,406,585 (2020)"
"text": "4,406,560 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "46.63 (2020 est.)"
"text": "47 (2020 est.)"
}
},
"Telephones - mobile cellular": {
"total subscriptions": {
"text": "11,704,084 (2020)"
"text": "11,704,084 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "123.9 (2020 est.)"
"text": "124 (2020 est.)"
}
},
"Telecommunication systems": {
@ -1034,10 +1034,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "3,255,552 (2022)"
"text": "3,255,552 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "34.45 (2022 est.)"
"text": "35 (2020 est.)"
}
}
},
@ -1181,7 +1181,7 @@
},
"Refugees and internally displaced persons": {
"refugees (country of origin)": {
"text": "26,985 (Ukraine) (as of 9 May 2022)"
"text": "27,308 (Ukraine) (as of 11 May 2022)"
},
"stateless persons": {
"text": "6,104 (mid-year 2021)"

View file

@ -657,7 +657,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Bulgaria, a former communist country that entered the EU in 2007, has an open economy that historically has demonstrated strong growth, but its per-capita income remains the lowest among EU members and its reliance on energy imports and foreign demand for its exports makes its growth sensitive to external market conditions.</p><p></p><p>The government undertook significant structural economic reforms in the 1990s to move the economy from a centralized, planned economy to a more liberal, market-driven economy. These reforms included privatization of state-owned enterprises, liberalization of trade, and strengthening of the tax system - changes that initially caused some economic hardships but later helped to attract investment, spur growth, and make gradual improvements to living conditions. From 2000 through 2008, Bulgaria maintained robust, average annual real GDP growth in excess of 6%, which was followed by a deep recession in 2009 as the financial crisis caused domestic demand, exports, capital inflows and industrial production to contract, prompting the government to rein in spending. Real GDP growth remained slow - less than 2% annually - until 2015, when demand from EU countries for Bulgarian exports, plus an inflow of EU development funds, boosted growth to more than 3%. In recent years, strong domestic demand combined with low international energy prices have contributed to Bulgarias economic growth approaching 4% and have also helped to ease inflation. Bulgarias prudent public financial management contributed to budget surpluses both in 2016 and 2017.</p><p></p><p>Bulgaria is heavily reliant on energy imports from Russia, a potential vulnerability, and is a participant in EU-backed efforts to diversify regional natural gas supplies. In late 2016, the Bulgarian Government provided funding to Bulgarias National Electric Company to cover the $695 million compensation owed to Russian nuclear equipment manufacturer Atomstroyexport for the cancellation of the Belene Nuclear Power Plant project, which the Bulgarian Government terminated in 2012. As of early 2018, the government was floating the possibility of resurrecting the Belene project. The natural gas market, dominated by state-owned Bulgargaz, is also almost entirely supplied by Russia. Infrastructure projects such as the Inter-Connector Greece-Bulgaria and Inter-Connector Bulgaria-Serbia, which would enable Bulgaria to have access to non-Russian gas, have either stalled or made limited progress. In 2016, the Bulgarian Government established the State eGovernment Agency. This new agency is responsible for the electronic governance, coordinating national policies with the EU, and strengthening cybersecurity.</p><p></p><p>Despite a favorable investment regime, including low, flat corporate income taxes, significant challenges remain. Corruption in public administration, a weak judiciary, low productivity, lack of transparency in public procurements, and the presence of organized crime continue to hamper the country's investment climate and economic prospects.</p>"
"text": "<p>Bulgaria, a former communist country that entered the EU in 2007, has an open economy that historically has demonstrated strong growth, but its per-capita income remains the lowest among EU members and its reliance on energy imports and foreign demand for its exports makes its growth sensitive to external market conditions.</p> <p> </p> <p>The government undertook significant structural economic reforms in the 1990s to move the economy from a centralized, planned economy to a more liberal, market-driven economy. These reforms included privatization of state-owned enterprises, liberalization of trade, and strengthening of the tax system - changes that initially caused some economic hardships but later helped to attract investment, spur growth, and make gradual improvements to living conditions. From 2000 through 2008, Bulgaria maintained robust, average annual real GDP growth in excess of 6%, which was followed by a deep recession in 2009 as the financial crisis caused domestic demand, exports, capital inflows and industrial production to contract, prompting the government to rein in spending. Real GDP growth remained slow - less than 2% annually - until 2015, when demand from EU countries for Bulgarian exports, plus an inflow of EU development funds, boosted growth to more than 3%. In recent years, strong domestic demand combined with low international energy prices have contributed to Bulgarias economic growth approaching 4% and have also helped to ease inflation. Bulgarias prudent public financial management contributed to budget surpluses both in 2016 and 2017.</p> <p> </p> <p>Bulgaria is heavily reliant on energy imports from Russia, a potential vulnerability, and is a participant in EU-backed efforts to diversify regional natural gas supplies. In late 2016, the Bulgarian Government provided funding to Bulgarias National Electric Company to cover the $695 million compensation owed to Russian nuclear equipment manufacturer Atomstroyexport for the cancellation of the Belene Nuclear Power Plant project, which the Bulgarian Government terminated in 2012. As of early 2018, the government was floating the possibility of resurrecting the Belene project. The natural gas market, dominated by state-owned Bulgargaz, is also almost entirely supplied by Russia. Infrastructure projects such as the Inter-Connector Greece-Bulgaria and Inter-Connector Bulgaria-Serbia, which would enable Bulgaria to have access to non-Russian gas, have either stalled or made limited progress. In 2016, the Bulgarian Government established the State eGovernment Agency. This new agency is responsible for the electronic governance, coordinating national policies with the EU, and strengthening cybersecurity.</p> <p> </p> <p>Despite a favorable investment regime, including low, flat corporate income taxes, significant challenges remain. Corruption in public administration, a weak judiciary, low productivity, lack of transparency in public procurements, and the presence of organized crime continue to hamper the country's investment climate and economic prospects.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -993,10 +993,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "872,323 (2020)"
"text": "872,757 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "12.55 (2020 est.)"
"text": "13 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1035,10 +1035,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "2,115,053 (2021) Information provided by 91,03% of the undertakings. Dedicated access included."
"text": "2,115,053 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "30.44 (2021)"
"text": "30 (2020 est.)"
}
}
},
@ -1191,7 +1191,7 @@
"stateless persons": {
"text": "1,143 (mid-year 2021)"
},
"note": "<strong>note:</strong> 72,606 estimated refugee and migrant arrivals (January 2015-February 2022); Bulgaria is predominantly a transit country"
"note": "<strong>note:</strong> 74,107 estimated refugee and migrant arrivals (January 2015-March 2022); Bulgaria is predominantly a transit country"
},
"Illicit drugs": {
"text": "source country for amphetamine tablets"

View file

@ -655,7 +655,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>The area of the Republic of Cyprus under government control has a market economy dominated by a services sector that accounts for more than four-fifths of GDP. Tourism, finance, shipping, and real estate have traditionally been the most important services. Cyprus has been a member of the EU since May 2004 and adopted the euro as its national currency in January 2008.</p><p></p><p>During the first five years of EU membership, the Cyprus economy grew at an average rate of about 4%, with unemployment between 2004 and 2008 averaging about 4%. However, the economy tipped into recession in 2009 as the ongoing global financial crisis and resulting low demand hit the tourism and construction sectors. An overextended banking sector with excessive exposure to Greek debt added to the contraction. Cyprus biggest two banks were among the largest holders of Greek bonds in Europe and had a substantial presence in Greece through bank branches and subsidiaries. Following numerous downgrades of its credit rating, Cyprus lost access to international capital markets in May 2011. In July 2012, Cyprus became the fifth euro-zone government to request an economic bailout program from the European Commission, European Central Bank and the International Monetary Fund - known collectively as the \"Troika.\"</p><p></p><p>Shortly after the election of President Nikos ANASTASIADES in February 2013, Cyprus reached an agreement with the Troika on a $13 billion bailout that triggered a two-week bank closure and the imposition of capital controls that remained partially in place until April 2015. Cyprus' two largest banks merged and the combined entity was recapitalized through conversion of some large bank deposits to shares and imposition of losses on bank bondholders. As with other EU countries, the Troika conditioned the bailout on passing financial and structural reforms and privatizing state-owned enterprises. Despite downsizing and restructuring, the Cypriot financial sector remains burdened by the largest stock of non-performing loans in the euro zone, equal to nearly half of all loans. Since the bailout, Cyprus has received positive appraisals by the Troika and outperformed fiscal targets but has struggled to overcome political opposition to bailout-mandated legislation, particularly regarding privatizations. The rate of non-performing loans (NPLs) is still very high at around 49%, and growth would accelerate if Cypriot banks could increase the pace of resolution of the NPLs.</p><p></p><p>In October 2013, a US-Israeli consortium completed preliminary appraisals of hydrocarbon deposits in Cyprus exclusive economic zone (EEZ), which estimated gross mean reserves of about 130 billion cubic meters. Though exploration continues in Cyprus EEZ, no additional commercially exploitable reserves have been identified. Developing offshore hydrocarbon resources remains a critical component of the governments economic recovery efforts, but development has been delayed as a result of regional developments and disagreements about exploitation methods.</p>"
"text": "<p>The area of the Republic of Cyprus under government control has a market economy dominated by a services sector that accounts for more than four-fifths of GDP. Tourism, finance, shipping, and real estate have traditionally been the most important services. Cyprus has been a member of the EU since May 2004 and adopted the euro as its national currency in January 2008.</p> <p> </p> <p>During the first five years of EU membership, the Cyprus economy grew at an average rate of about 4%, with unemployment between 2004 and 2008 averaging about 4%. However, the economy tipped into recession in 2009 as the ongoing global financial crisis and resulting low demand hit the tourism and construction sectors. An overextended banking sector with excessive exposure to Greek debt added to the contraction. Cyprus biggest two banks were among the largest holders of Greek bonds in Europe and had a substantial presence in Greece through bank branches and subsidiaries. Following numerous downgrades of its credit rating, Cyprus lost access to international capital markets in May 2011. In July 2012, Cyprus became the fifth euro-zone government to request an economic bailout program from the European Commission, European Central Bank and the International Monetary Fund - known collectively as the \"Troika.\"</p> <p> </p> <p>Shortly after the election of President Nikos ANASTASIADES in February 2013, Cyprus reached an agreement with the Troika on a $13 billion bailout that triggered a two-week bank closure and the imposition of capital controls that remained partially in place until April 2015. Cyprus' two largest banks merged and the combined entity was recapitalized through conversion of some large bank deposits to shares and imposition of losses on bank bondholders. As with other EU countries, the Troika conditioned the bailout on passing financial and structural reforms and privatizing state-owned enterprises. Despite downsizing and restructuring, the Cypriot financial sector remains burdened by the largest stock of non-performing loans in the euro zone, equal to nearly half of all loans. Since the bailout, Cyprus has received positive appraisals by the Troika and outperformed fiscal targets but has struggled to overcome political opposition to bailout-mandated legislation, particularly regarding privatizations. The rate of non-performing loans (NPLs) is still very high at around 49%, and growth would accelerate if Cypriot banks could increase the pace of resolution of the NPLs.</p> <p> </p> <p>In October 2013, a US-Israeli consortium completed preliminary appraisals of hydrocarbon deposits in Cyprus exclusive economic zone (EEZ), which estimated gross mean reserves of about 130 billion cubic meters. Though exploration continues in Cyprus EEZ, no additional commercially exploitable reserves have been identified. Developing offshore hydrocarbon resources remains a critical component of the governments economic recovery efforts, but development has been delayed as a result of regional developments and disagreements about exploitation methods.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -993,10 +993,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "311,439 (2020)"
"text": "311,439 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "35.07 (2020 est.)"
"text": "35 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1035,10 +1035,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "332,080 (2021)"
"text": "332,080 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "37.4 (2021 est.)"
"text": "37 (2020 est.)"
}
}
},
@ -1182,7 +1182,7 @@
"stateless persons": {
"text": "66 (mid-year 2021)"
},
"note": "<strong>note:</strong> 35,683 estimated refugee and migrant arrivals (January 2015-March 2022)"
"note": "<strong>note:</strong> 37,550 estimated refugee and migrant arrivals (January 2015-April 2022)"
},
"Illicit drugs": {
"text": "<p>vulnerable to money laundering from illegal drugs</p> <p> </p>"

View file

@ -633,7 +633,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>This thoroughly modern market economy features advanced industry with world-leading firms in pharmaceuticals, maritime shipping, and renewable energy, and a high-tech agricultural sector. Danes enjoy a high standard of living, and the Danish economy is characterized by extensive government welfare measures and an equitable distribution of income. An aging population will be a long-term issue.</p><p></p><p>Denmarks small open economy is highly dependent on foreign trade, and the government strongly supports trade liberalization. Denmark is a net exporter of food, oil, and gas and enjoys a comfortable balance of payments surplus, but depends on imports of raw materials for the manufacturing sector.</p><p></p><p>Denmark is a member of the EU but not the eurozone. Despite previously meeting the criteria to join the European Economic and Monetary Union, Denmark has negotiated an opt-out with the EU and is not required to adopt the euro.</p><p></p><p>Denmark is experiencing a modest economic expansion. The economy grew by 2.0% in 2016 and 2.1% in 2017. The expansion is expected to decline slightly in 2018. Unemployment stood at 5.5% in 2017, based on the national labor survey. The labor market was tight in 2017, with corporations experiencing some difficulty finding appropriately-skilled workers to fill billets. The Danish Government offers extensive programs to train unemployed persons to work in sectors that need qualified workers.</p><p></p><p>Denmark maintained a healthy budget surplus for many years up to 2008, but the global financial crisis swung the budget balance into deficit. Since 2014 the balance has shifted between surplus and deficit. In 2017 there was a surplus of 1.0%. The government projects a lower deficit in 2018 and 2019 of 0.7%, and public debt (EMU debt) as a share of GDP is expected to decline to 35.6% in 2018 and 34.8% in 2019. The Danish Government plans to address increasing municipal, public housing and integration spending in 2018.</p>"
"text": "<p>This thoroughly modern market economy features advanced industry with world-leading firms in pharmaceuticals, maritime shipping, and renewable energy, and a high-tech agricultural sector. Danes enjoy a high standard of living, and the Danish economy is characterized by extensive government welfare measures and an equitable distribution of income. An aging population will be a long-term issue.</p> <p> </p> <p>Denmarks small open economy is highly dependent on foreign trade, and the government strongly supports trade liberalization. Denmark is a net exporter of food, oil, and gas and enjoys a comfortable balance of payments surplus, but depends on imports of raw materials for the manufacturing sector.</p> <p> </p> <p>Denmark is a member of the EU but not the eurozone. Despite previously meeting the criteria to join the European Economic and Monetary Union, Denmark has negotiated an opt-out with the EU and is not required to adopt the euro.</p> <p> </p> <p>Denmark is experiencing a modest economic expansion. The economy grew by 2.0% in 2016 and 2.1% in 2017. The expansion is expected to decline slightly in 2018. Unemployment stood at 5.5% in 2017, based on the national labor survey. The labor market was tight in 2017, with corporations experiencing some difficulty finding appropriately-skilled workers to fill billets. The Danish Government offers extensive programs to train unemployed persons to work in sectors that need qualified workers.</p> <p> </p> <p>Denmark maintained a healthy budget surplus for many years up to 2008, but the global financial crisis swung the budget balance into deficit. Since 2014 the balance has shifted between surplus and deficit. In 2017 there was a surplus of 1.0%. The government projects a lower deficit in 2018 and 2019 of 0.7%, and public debt (EMU debt) as a share of GDP is expected to decline to 35.6% in 2018 and 34.8% in 2019. The Danish Government plans to address increasing municipal, public housing and integration spending in 2018.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -968,10 +968,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "937,469 (2020)"
"text": "734,436 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "16.19 (2020 est.)"
"text": "13 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1010,10 +1010,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "2,590,282 (2021)"
"text": "2,590,282 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "44.72 (2021)"
"text": "45 (2020 est.)"
}
}
},

View file

@ -747,10 +747,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "165,475,641"
"text": "160,149,025 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "(2019 est.) 36.78"
"text": "36 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -777,10 +777,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "158,303,562"
"text": "163,772,540 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "(2019 est.) 35.19"
"text": "37 (2020 est.)"
}
}
},

View file

@ -621,7 +621,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Ireland is a small, modern, trade-dependent economy. It was among the initial group of 12 EU nations that began circulating the euro on 1 January 2002. GDP growth averaged 6% in 1995-2007, but economic activity dropped sharply during the world financial crisis and the subsequent collapse of its domestic property market and construction industry during 2008-11. Faced with sharply reduced revenues and a burgeoning budget deficit from efforts to stabilize its fragile banking sector, the Irish Government introduced the first in a series of draconian budgets in 2009. These measures were not sufficient to stabilize Irelands public finances. In 2010, the budget deficit reached 32.4% of GDP - the world's largest deficit, as a percentage of GDP. In late 2010, the former COWEN government agreed to a $92 billion loan package from the EU and IMF to help Dublin recapitalize Irelands banking sector and avoid defaulting on its sovereign debt. In March 2011, the KENNY government intensified austerity measures to meet the deficit targets under Ireland's EU-IMF bailout program.</p><p></p><p>In late 2013, Ireland formally exited its EU-IMF bailout program, benefiting from its strict adherence to deficit-reduction targets and success in refinancing a large amount of banking-related debt. In 2014, the economy rapidly picked up. In late 2014, the government introduced a fiscally neutral budget, marking the end of the austerity program. Continued growth of tax receipts has allowed the government to lower some taxes and increase public spending while keeping to its deficit-reduction targets. In 2015, GDP growth exceeded 26%. The magnitude of the increase reflected one-off statistical revisions, multinational corporate restructurings in intellectual property, and the aircraft leasing sector, rather than real gains in the domestic economy, which was still growing. Growth moderated to around 4.1% in 2017, but the recovering economy assisted lowering the deficit to 0.6% of GDP.</p><p></p><p>In the wake of the collapse of the construction sector and the downturn in consumer spending and business investment during the 2008-11 economic crisis, the export sector, dominated by foreign multinationals, has become an even more important component of Ireland's economy. Irelands low corporation tax of 12.5% and a talented pool of high-tech laborers have been some of the key factors in encouraging business investment. Loose tax residency requirements made Ireland a common destination for international firms seeking to pay less tax or, in the case of U.S. multinationals, defer taxation owed to the United States. In 2014, amid growing international pressure, the Irish government announced it would phase in more stringent tax laws, effectively closing a commonly used loophole. The Irish economy continued to grow in 2017 and is forecast to do so through 2019, supported by a strong export sector, robust job growth, and low inflation, to the point that the Government must now address concerns about overheating and potential loss of competitiveness. The greatest risks to the economy are the UKs scheduled departure from the European Union (\"Brexit\") in March 2019, possible changes to international taxation policies that could affect Irelands revenues, and global trade pressures.</p>"
"text": "<p>Ireland is a small, modern, trade-dependent economy. It was among the initial group of 12 EU nations that began circulating the euro on 1 January 2002. GDP growth averaged 6% in 1995-2007, but economic activity dropped sharply during the world financial crisis and the subsequent collapse of its domestic property market and construction industry during 2008-11. Faced with sharply reduced revenues and a burgeoning budget deficit from efforts to stabilize its fragile banking sector, the Irish Government introduced the first in a series of draconian budgets in 2009. These measures were not sufficient to stabilize Irelands public finances. In 2010, the budget deficit reached 32.4% of GDP - the world's largest deficit, as a percentage of GDP. In late 2010, the former COWEN government agreed to a $92 billion loan package from the EU and IMF to help Dublin recapitalize Irelands banking sector and avoid defaulting on its sovereign debt. In March 2011, the KENNY government intensified austerity measures to meet the deficit targets under Ireland's EU-IMF bailout program.</p> <p> </p> <p>In late 2013, Ireland formally exited its EU-IMF bailout program, benefiting from its strict adherence to deficit-reduction targets and success in refinancing a large amount of banking-related debt. In 2014, the economy rapidly picked up. In late 2014, the government introduced a fiscally neutral budget, marking the end of the austerity program. Continued growth of tax receipts has allowed the government to lower some taxes and increase public spending while keeping to its deficit-reduction targets. In 2015, GDP growth exceeded 26%. The magnitude of the increase reflected one-off statistical revisions, multinational corporate restructurings in intellectual property, and the aircraft leasing sector, rather than real gains in the domestic economy, which was still growing. Growth moderated to around 4.1% in 2017, but the recovering economy assisted lowering the deficit to 0.6% of GDP.</p> <p> </p> <p>In the wake of the collapse of the construction sector and the downturn in consumer spending and business investment during the 2008-11 economic crisis, the export sector, dominated by foreign multinationals, has become an even more important component of Ireland's economy. Irelands low corporation tax of 12.5% and a talented pool of high-tech laborers have been some of the key factors in encouraging business investment. Loose tax residency requirements made Ireland a common destination for international firms seeking to pay less tax or, in the case of U.S. multinationals, defer taxation owed to the United States. In 2014, amid growing international pressure, the Irish government announced it would phase in more stringent tax laws, effectively closing a commonly used loophole. The Irish economy continued to grow in 2017 and is forecast to do so through 2019, supported by a strong export sector, robust job growth, and low inflation, to the point that the Government must now address concerns about overheating and potential loss of competitiveness. The greatest risks to the economy are the UKs scheduled departure from the European Union (\"Brexit\") in March 2019, possible changes to international taxation policies that could affect Irelands revenues, and global trade pressures.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -956,7 +956,7 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "1,678,651 (2020)"
"text": "1,678,651 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "34 (2020 est.)"
@ -998,10 +998,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "1,516,473 (2021)"
"text": "1,516,473 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "30.71 (2021)"
"text": "31 (2020 est.)"
}
}
},

View file

@ -654,7 +654,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Estonia, a member of the EU since 2004 and the euro zone since 2011, has a modern market-based economy and one of the higher per capita income levels in Central Europe and the Baltic region, but its economy is highly dependent on trade, leaving it vulnerable to external shocks. Estonia's successive governments have pursued a free market, pro-business economic agenda, and sound fiscal policies that have resulted in balanced budgets and the lowest debt-to-GDP ratio in the EU.</p><p></p><p>The economy benefits from strong electronics and telecommunications sectors and strong trade ties with Finland, Sweden, Germany, and Russia. The economys 4.9% GDP growth in 2017 was the fastest in the past six years, leaving the Estonian economy in its best position since the financial crisis 10 years ago. For the first time in many years, labor productivity increased faster than labor costs in 2017. Inflation also rose in 2017 to 3.5% alongside increased global prices for food and energy, which make up a large share of Estonias consumption.</p><p></p><p>Estonia is challenged by a shortage of labor, both skilled and unskilled, although the government has amended its immigration law to allow easier hiring of highly qualified foreign workers, and wage growth that outpaces productivity gains. The government is also pursuing efforts to boost productivity growth with a focus on innovations that emphasize technology start-ups and e-commerce.</p>"
"text": "<p>Estonia, a member of the EU since 2004 and the euro zone since 2011, has a modern market-based economy and one of the higher per capita income levels in Central Europe and the Baltic region, but its economy is highly dependent on trade, leaving it vulnerable to external shocks. Estonia's successive governments have pursued a free market, pro-business economic agenda, and sound fiscal policies that have resulted in balanced budgets and the lowest debt-to-GDP ratio in the EU.</p> <p> </p> <p>The economy benefits from strong electronics and telecommunications sectors and strong trade ties with Finland, Sweden, Germany, and Russia. The economys 4.9% GDP growth in 2017 was the fastest in the past six years, leaving the Estonian economy in its best position since the financial crisis 10 years ago. For the first time in many years, labor productivity increased faster than labor costs in 2017. Inflation also rose in 2017 to 3.5% alongside increased global prices for food and energy, which make up a large share of Estonias consumption.</p> <p> </p> <p>Estonia is challenged by a shortage of labor, both skilled and unskilled, although the government has amended its immigration law to allow easier hiring of highly qualified foreign workers, and wage growth that outpaces productivity gains. The government is also pursuing efforts to boost productivity growth with a focus on innovations that emphasize technology start-ups and e-commerce.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -989,10 +989,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "304,728 (2020)"
"text": "304,728 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "22.97 (2020 est.)"
"text": "23 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1031,10 +1031,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "415,610 (2022)"
"text": "415,610 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "31.33 (2022)"
"text": "31 (2020 est.)"
}
}
},

View file

@ -647,7 +647,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Czechia is a prosperous market economy that boasts one of the highest GDP growth rates and lowest unemployment levels in the EU, but its dependence on exports makes economic growth vulnerable to contractions in external demand. Czechias exports comprise some 80% of GDP and largely consist of automobiles, the countrys single largest industry. Czechia acceded to the EU in 2004 but has yet to join the euro-zone. While the flexible koruna helps Czechia weather external shocks, it was one of the worlds strongest performing currencies in 2017, appreciating approximately 16% relative to the US dollar after the central bank (Czech National Bank - CNB) ended its cap on the currencys value in early April 2017, which it had maintained since November 2013. The CNB hiked rates in August and November 2017 - the first rate changes in nine years - to address rising inflationary pressures brought by strong economic growth and a tight labor market.</p><p></p><p>Since coming to power in 2014, the new government has undertaken some reforms to try to reduce corruption, attract investment, and improve social welfare programs, which could help increase the governments revenues and improve living conditions for Czechs. The government introduced in December 2016 an online tax reporting system intended to reduce tax evasion and increase revenues. The government also plans to remove labor market rigidities to improve the business climate, bring procurement procedures in line with EU best practices, and boost wages. The country's low unemployment rate has led to steady increases in salaries, and the government is facing pressure from businesses to allow greater migration of qualified workers, at least from Ukraine and neighboring Central European countries.</p><p></p><p>Long-term challenges include dealing with a rapidly aging population, a shortage of skilled workers, a lagging education system, funding an unsustainable pension and health care system, and diversifying away from manufacturing and toward a more high-tech, services-based, knowledge economy.</p>"
"text": "<p>Czechia is a prosperous market economy that boasts one of the highest GDP growth rates and lowest unemployment levels in the EU, but its dependence on exports makes economic growth vulnerable to contractions in external demand. Czechias exports comprise some 80% of GDP and largely consist of automobiles, the countrys single largest industry. Czechia acceded to the EU in 2004 but has yet to join the euro-zone. While the flexible koruna helps Czechia weather external shocks, it was one of the worlds strongest performing currencies in 2017, appreciating approximately 16% relative to the US dollar after the central bank (Czech National Bank - CNB) ended its cap on the currencys value in early April 2017, which it had maintained since November 2013. The CNB hiked rates in August and November 2017 - the first rate changes in nine years - to address rising inflationary pressures brought by strong economic growth and a tight labor market.</p> <p> </p> <p>Since coming to power in 2014, the new government has undertaken some reforms to try to reduce corruption, attract investment, and improve social welfare programs, which could help increase the governments revenues and improve living conditions for Czechs. The government introduced in December 2016 an online tax reporting system intended to reduce tax evasion and increase revenues. The government also plans to remove labor market rigidities to improve the business climate, bring procurement procedures in line with EU best practices, and boost wages. The country's low unemployment rate has led to steady increases in salaries, and the government is facing pressure from businesses to allow greater migration of qualified workers, at least from Ukraine and neighboring Central European countries.</p> <p> </p> <p>Long-term challenges include dealing with a rapidly aging population, a shortage of skilled workers, a lagging education system, funding an unsustainable pension and health care system, and diversifying away from manufacturing and toward a more high-tech, services-based, knowledge economy.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -981,10 +981,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "1,316,316 (2020)"
"text": "1,335,224 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "12.29 (2020 est.)"
"text": "12 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1023,10 +1023,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "3,845,426 (2022)"
"text": "3,845,426 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "35.91 (2022)"
"text": "36 (2020 est.)"
}
}
},

View file

@ -646,7 +646,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Finland has a highly industrialized, largely free-market economy with per capita GDP almost as high as that of Austria and the Netherlands and slightly above that of Germany and Belgium. Trade is important, with exports accounting for over one-third of GDP in recent years. The government is open to, and actively takes steps to attract, foreign direct investment.</p><p></p><p>Finland is historically competitive in manufacturing, particularly in the wood, metals, engineering, telecommunications, and electronics industries. Finland excels in export of technology as well as promotion of startups in the information and communications technology, gaming, cleantech, and biotechnology sectors. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. Because of the cold climate, agricultural development is limited to maintaining self-sufficiency in basic products. Forestry, an important export industry, provides a secondary occupation for the rural population.</p><p></p><p>Finland had been one of the best performing economies within the EU before 2009 and its banks and financial markets avoided the worst of global financial crisis. However, the world slowdown hit exports and domestic demand hard in that year, causing Finlands economy to contract from 2012 to 2014. The recession affected general government finances and the debt ratio. The economy returned to growth in 2016, posting a 1.9% GDP increase before growing an estimated 3.3% in 2017, supported by a strong increase in investment, private consumption, and net exports. Finnish economists expect GDP to grow a rate of 2-3% in the next few years.</p><p></p><p>Finland's main challenges will be reducing high labor costs and boosting demand for its exports. In June 2016, the government enacted a Competitiveness Pact aimed at reducing labor costs, increasing hours worked, and introducing more flexibility into the wage bargaining system. As a result, wage growth was nearly flat in 2017. The Government was also seeking to reform the health care system and social services. In the long term, Finland must address a rapidly aging population and decreasing productivity in traditional industries that threaten competitiveness, fiscal sustainability, and economic growth.</p>"
"text": "<p>Finland has a highly industrialized, largely free-market economy with per capita GDP almost as high as that of Austria and the Netherlands and slightly above that of Germany and Belgium. Trade is important, with exports accounting for over one-third of GDP in recent years. The government is open to, and actively takes steps to attract, foreign direct investment.</p> <p> </p> <p>Finland is historically competitive in manufacturing, particularly in the wood, metals, engineering, telecommunications, and electronics industries. Finland excels in export of technology as well as promotion of startups in the information and communications technology, gaming, cleantech, and biotechnology sectors. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. Because of the cold climate, agricultural development is limited to maintaining self-sufficiency in basic products. Forestry, an important export industry, provides a secondary occupation for the rural population.</p> <p> </p> <p>Finland had been one of the best performing economies within the EU before 2009 and its banks and financial markets avoided the worst of global financial crisis. However, the world slowdown hit exports and domestic demand hard in that year, causing Finlands economy to contract from 2012 to 2014. The recession affected general government finances and the debt ratio. The economy returned to growth in 2016, posting a 1.9% GDP increase before growing an estimated 3.3% in 2017, supported by a strong increase in investment, private consumption, and net exports. Finnish economists expect GDP to grow a rate of 2-3% in the next few years.</p> <p> </p> <p>Finland's main challenges will be reducing high labor costs and boosting demand for its exports. In June 2016, the government enacted a Competitiveness Pact aimed at reducing labor costs, increasing hours worked, and introducing more flexibility into the wage bargaining system. As a result, wage growth was nearly flat in 2017. The Government was also seeking to reform the health care system and social services. In the long term, Finland must address a rapidly aging population and decreasing productivity in traditional industries that threaten competitiveness, fiscal sustainability, and economic growth.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -982,10 +982,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "225,000 (2020)"
"text": "225,000 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "4.06 (2020 est.)"
"text": "4 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1025,10 +1025,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "1.846 million (2021)"
"text": "1.846 million (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "33.32 (2021)"
"text": "33 (2020 est.)"
}
}
},

View file

@ -500,7 +500,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>The Faroese economy has experienced a period of significant growth since 2011, due to higher fish prices and increased salmon farming and catches in the pelagic fisheries. Fishing has been the main source of income for the Faroe Islands since the late 19th century, but dependence on fishing makes the economy vulnerable to price fluctuations. Nominal GDP, measured in current prices, grew 5.6% in 2015 and 6.8% in 2016. GDP growth was forecast at 6.2% in 2017, slowing to 0.5% in 2018, due to lower fisheries quotas, higher oil prices and fewer farmed salmon combined with lower salmon prices. The fisheries sector accounts for about 97% of exports, and half of GDP. Unemployment is low, estimated at 2.1% in early 2018. Aided by an annual subsidy from Denmark, which amounts to about 11% of Faroese GDP , Faroese have a standard of living equal to that of Denmark. The Faroe Islands have bilateral free trade agreements with the EU, Iceland, Norway, Switzerland, and Turkey.</p><p></p><p>For the first time in 8 years, the Faroe Islands managed to generate a public budget surplus in 2016, a trend which continued in 2017. The local government intends to use this to reduce public debt, which reached 38% of GDP in 2015. A fiscal sustainability analysis of the Faroese economy shows that a long-term tightening of fiscal policy of 5% of GDP is required for fiscal sustainability.</p><p></p><p>Increasing public infrastructure investments are likely to lead to continued growth in the short term, and the Faroese economy is becoming somewhat more diversified. Growing industries include financial services, petroleum-related businesses, shipping, maritime manufacturing services, civil aviation, IT, telecommunications, and tourism.</p>"
"text": "<p>The Faroese economy has experienced a period of significant growth since 2011, due to higher fish prices and increased salmon farming and catches in the pelagic fisheries. Fishing has been the main source of income for the Faroe Islands since the late 19th century, but dependence on fishing makes the economy vulnerable to price fluctuations. Nominal GDP, measured in current prices, grew 5.6% in 2015 and 6.8% in 2016. GDP growth was forecast at 6.2% in 2017, slowing to 0.5% in 2018, due to lower fisheries quotas, higher oil prices and fewer farmed salmon combined with lower salmon prices. The fisheries sector accounts for about 97% of exports, and half of GDP. Unemployment is low, estimated at 2.1% in early 2018. Aided by an annual subsidy from Denmark, which amounts to about 11% of Faroese GDP , Faroese have a standard of living equal to that of Denmark. The Faroe Islands have bilateral free trade agreements with the EU, Iceland, Norway, Switzerland, and Turkey.</p> <p> </p> <p>For the first time in 8 years, the Faroe Islands managed to generate a public budget surplus in 2016, a trend which continued in 2017. The local government intends to use this to reduce public debt, which reached 38% of GDP in 2015. A fiscal sustainability analysis of the Faroese economy shows that a long-term tightening of fiscal policy of 5% of GDP is required for fiscal sustainability.</p> <p> </p> <p>Increasing public infrastructure investments are likely to lead to continued growth in the short term, and the Faroese economy is becoming somewhat more diversified. Growing industries include financial services, petroleum-related businesses, shipping, maritime manufacturing services, civil aviation, IT, telecommunications, and tourism.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2014": {
@ -768,10 +768,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "15,341 (2020)"
"text": "15,341 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "31.4 (2020 est.)"
"text": "31 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -810,10 +810,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "18,443 (2021)"
"text": "18,443 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "37.74 (2021)"
"text": "38 (2020 est.)"
}
}
},

View file

@ -575,7 +575,7 @@
"text": "President Emmanuel MACRON (since 14 May 2017)"
},
"head of government": {
"text": "Prime Minister Jean CASTEX (since 3 July 2020)"
"text": "Prime Minister &Eacute;lisabeth BORNE (since 16 May 2022)"
},
"cabinet": {
"text": "Council of Ministers appointed by the president at the suggestion of the prime minister"
@ -689,7 +689,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. France is the most visited country in the world with 89 million foreign tourists in 2017. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that mitigate economic inequality.</p><p></p><p>France's real GDP grew by 1.9% in 2017, up from 1.2% the year before. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.2% in 2015, before falling to 9.0% in 2017. Youth unemployment in metropolitan France decreased from 24.6% in the fourth quarter of 2014 to 20.6% in the fourth quarter of 2017.</p><p></p><p>Frances public finances have historically been strained by high spending and low growth. In 2017, the budget deficit improved to 2.7% of GDP, bringing it in compliance with the EU-mandated 3% deficit target. Meanwhile, France's public debt rose from 89.5% of GDP in 2012 to 97% in 2017.</p><p></p><p>Since entering office in May 2017, President Emmanuel MACRON launched a series of economic reforms to improve competitiveness and boost economic growth. President MACRON campaigned on reforming Frances labor code and in late 2017 implemented a range of reforms to increase flexibility in the labor market by making it easier for firms to hire and fire and simplifying negotiations between employers and employees. In addition to labor reforms, President MACRONs 2018 budget cuts public spending, taxes, and social security contributions to spur private investment and increase purchasing power. The government plans to gradually reduce corporate tax rate for businesses from 33.3% to 25% by 2022.</p>"
"text": "<p>The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. France is the most visited country in the world with 89 million foreign tourists in 2017. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that mitigate economic inequality.</p> <p> </p> <p>France's real GDP grew by 1.9% in 2017, up from 1.2% the year before. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.2% in 2015, before falling to 9.0% in 2017. Youth unemployment in metropolitan France decreased from 24.6% in the fourth quarter of 2014 to 20.6% in the fourth quarter of 2017.</p> <p> </p> <p>Frances public finances have historically been strained by high spending and low growth. In 2017, the budget deficit improved to 2.7% of GDP, bringing it in compliance with the EU-mandated 3% deficit target. Meanwhile, France's public debt rose from 89.5% of GDP in 2012 to 97% in 2017.</p> <p> </p> <p>Since entering office in May 2017, President Emmanuel MACRON launched a series of economic reforms to improve competitiveness and boost economic growth. President MACRON campaigned on reforming Frances labor code and in late 2017 implemented a range of reforms to increase flexibility in the labor market by making it easier for firms to hire and fire and simplifying negotiations between employers and employees. In addition to labor reforms, President MACRONs 2018 budget cuts public spending, taxes, and social security contributions to spur private investment and increase purchasing power. The government plans to gradually reduce corporate tax rate for businesses from 33.3% to 25% by 2022.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -1025,10 +1025,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "37.759 million (2020)"
"text": "37.759 million (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "57.85 (2020 est.)"
"text": "58 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1070,10 +1070,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "30.627 million (2021)"
"text": "30.627 million (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "46.92 (2021)"
"text": "47 (2020 est.)"
}
}
},

View file

@ -442,7 +442,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Self-sufficient Gibraltar benefits from an extensive shipping trade, offshore banking, and its position as an international conference center. Tax rates are low to attract foreign investment. The British military presence has been sharply reduced and now contributes about 7% to the local economy, compared with 60% in 1984. In recent years, Gibraltar has seen major structural change from a public to a private sector economy, but changes in government spending still have a major impact on the level of employment.</p><p></p><p>The financial sector, tourism (over 11 million visitors in 2012), gaming revenues, shipping services fees, and duties on consumer goods also generate revenue. The financial sector, tourism, and the shipping sector contribute 30%, 30%, and 25%, respectively, of GDP. Telecommunications, e-commerce, and e-gaming account for the remaining 15%.</p>"
"text": "<p>Self-sufficient Gibraltar benefits from an extensive shipping trade, offshore banking, and its position as an international conference center. Tax rates are low to attract foreign investment. The British military presence has been sharply reduced and now contributes about 7% to the local economy, compared with 60% in 1984. In recent years, Gibraltar has seen major structural change from a public to a private sector economy, but changes in government spending still have a major impact on the level of employment.</p> <p> </p> <p>The financial sector, tourism (over 11 million visitors in 2012), gaming revenues, shipping services fees, and duties on consumer goods also generate revenue. The financial sector, tourism, and the shipping sector contribute 30%, 30%, and 25%, respectively, of GDP. Telecommunications, e-commerce, and e-gaming account for the remaining 15%.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2014": {
@ -678,10 +678,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "16,968 (2019)"
"text": "17,041 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "50.35 (2019 est.)"
"text": "51 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -719,10 +719,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "21,009 (2021)"
"text": "21,009 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "62.36 (2021)"
"text": "62 (2020 est.)"
}
}
},

View file

@ -611,10 +611,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "33,940 (2022)"
"text": "25,336 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "54 (2022)"
"text": "40 (2020 est.)"
}
}
},

View file

@ -591,7 +591,7 @@
}
},
"Political parties and leaders": {
"text": "Alliance '90/Greens [Annalena BAERBOCK and Robert HABECK]<br>Alternative for Germany or AfD [Alexander GAULAND - Honorary Chairman, Joerg MEUTHEN and Tino CHRUPALLA]<br>Christian Democratic Union or CDU [Armin LASCHET]<br>Christian Social Union or CSU [Markus SOEDER]<br>Free Democratic Party or FDP [Christian LINDNER]<br>Free Voters [Hubert AIWANGER]<br>The Left or Die Linke [Janine WISSLER and Susanne HENNING-WELLSOW]<br>Social Democratic Party or SPD [Saskia ESKEN and Norbert WALTER-BORJANS]"
"text": "Alliance '90/Greens [Annalena BAERBOCK and Robert HABECK]<br>Alternative for Germany or AfD [Alexander GAULAND - Honorary Chairman, Joerg MEUTHEN and Tino CHRUPALLA]<br>Christian Democratic Union or CDU [Armin LASCHET]<br>Christian Social Union or CSU [Markus SOEDER]<br>Free Democratic Party or FDP [Christian LINDNER]<br>Free Voters [Hubert AIWANGER]<br>The Left or Die Linke [Janine WISSLER]<br>Social Democratic Party or SPD [Saskia ESKEN and Norbert WALTER-BORJANS]"
},
"International organization participation": {
"text": "ADB (nonregional member), AfDB (nonregional member), Arctic Council (observer), Australia Group, BIS, BSEC (observer), CBSS, CD, CDB, CE, CERN, EAPC, EBRD, ECB, EIB, EITI (implementing country), EMU, ESA, EU, FAO, FATF, G-5, G-7, G-8, G-10, G-20, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IGAD (partners), IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, MINURSO, MINUSMA, NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, Pacific Alliance (observer), Paris Club, PCA, Schengen Convention, SELEC (observer), SICA (observer), UN, UNAMID, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMISS, UNRWA, UNSOM, UNWTO, UPU, Wassenaar Arrangement, WCO, WHO, WIPO, WMO, WTO, ZC"
@ -665,7 +665,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment. Germany benefits from a highly skilled labor force, but, like its Western European neighbors, faces significant demographic challenges to sustained long-term growth. Low fertility rates and a large increase in net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms.</p><p></p><p>Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong economic growth and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II. The German Government introduced a minimum wage in 2015 that increased to $9.79 (8.84 euros) in January 2017.</p><p></p><p>Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011 and in 2017 Germany reached a budget surplus of 0.7%. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016, though the target was already reached in 2012.</p><p></p><p>Following the March 2011 Fukushima nuclear disaster, Chancellor Angela MERKEL announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany plans to replace nuclear power largely with renewable energy, which accounted for 29.5% of gross electricity consumption in 2016, up from 9% in 2000. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its electricity generating capacity and 46% of its base-load electricity production.</p><p></p><p>The German economy suffers from low levels of investment, and a government plan to invest 15 billion euros during 2016-18, largely in infrastructure, is intended to spur needed private investment. Domestic consumption, investment, and exports are likely to drive German GDP growth in 2018, and the countrys budget and trade surpluses are likely to remain high.</p>"
"text": "<p>The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment. Germany benefits from a highly skilled labor force, but, like its Western European neighbors, faces significant demographic challenges to sustained long-term growth. Low fertility rates and a large increase in net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms.</p> <p> </p> <p>Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong economic growth and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II. The German Government introduced a minimum wage in 2015 that increased to $9.79 (8.84 euros) in January 2017.</p> <p> </p> <p>Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011 and in 2017 Germany reached a budget surplus of 0.7%. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016, though the target was already reached in 2012.</p> <p> </p> <p>Following the March 2011 Fukushima nuclear disaster, Chancellor Angela MERKEL announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany plans to replace nuclear power largely with renewable energy, which accounted for 29.5% of gross electricity consumption in 2016, up from 9% in 2000. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its electricity generating capacity and 46% of its base-load electricity production.</p> <p> </p> <p>The German economy suffers from low levels of investment, and a government plan to invest 15 billion euros during 2016-18, largely in infrastructure, is intended to spur needed private investment. Domestic consumption, investment, and exports are likely to drive German GDP growth in 2018, and the countrys budget and trade surpluses are likely to remain high.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -1001,10 +1001,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "38.3 million (2020)"
"text": "38.3 million (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "45.71 (2020 est.)"
"text": "46 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1043,10 +1043,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "36,215,303 (2021)"
"text": "36,215,303 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "43.22 (2021)"
"text": "43 (2020 est.)"
}
}
},

File diff suppressed because one or more lines are too long

View file

@ -676,7 +676,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Though still one of the wealthiest of the former Yugoslav republics, Croatias economy suffered badly during the 1991-95 war. The country's output during that time collapsed, and Croatia missed the early waves of investment in Central and Eastern Europe that followed the fall of the Berlin Wall. Between 2000 and 2007, however, Croatia's economic fortunes began to improve with moderate but steady GDP growth between 4% and 6%, led by a rebound in tourism and credit-driven consumer spending. Inflation over the same period remained tame and the currency, the kuna, stable.</p><p></p><p>Croatia experienced an abrupt slowdown in the economy in 2008; economic growth was stagnant or negative in each year between 2009 and 2014, but has picked up since the third quarter of 2014, ending 2017 with an average of 2.8% growth. Challenges remain including uneven regional development, a difficult investment climate, an inefficient judiciary, and loss of educated young professionals seeking higher salaries elsewhere in the EU. In 2016, Croatia revised its tax code to stimulate growth from domestic consumption and foreign investment. Income tax reduction began in 2017, and in 2018 various business costs were removed from income tax calculations. At the start of 2018, the government announced its economic reform plan, slated for implementation in 2019.</p><p></p><p>Tourism is one of the main pillars of the Croatian economy, comprising 19.6% of Croatias GDP. Croatia is working to become a regional energy hub, and is undertaking plans to open a floating liquefied natural gas (LNG) regasification terminal by the end of 2019 or early in 2020 to import LNG for re-distribution in southeast Europe.</p><p></p><p>Croatia joined the EU on July 1, 2013, following a decade-long accession process. Croatia has developed a plan for Eurozone accession, and the government projects Croatia will adopt the Euro by 2024. In 2017, the Croatian government decreased public debt to 78% of GDP, from an all-time high of 84% in 2014, and realized a 0.8% budget surplus - the first surplus since independence in 1991. The government has also sought to accelerate privatization of non-strategic assets with mixed success. Croatias economic recovery is still somewhat fragile; Croatias largest private company narrowly avoided collapse in 2017, thanks to a capital infusion from an American investor. Restructuring is ongoing, and projected to finish by mid-July 2018.</p>"
"text": "<p>Though still one of the wealthiest of the former Yugoslav republics, Croatias economy suffered badly during the 1991-95 war. The country's output during that time collapsed, and Croatia missed the early waves of investment in Central and Eastern Europe that followed the fall of the Berlin Wall. Between 2000 and 2007, however, Croatia's economic fortunes began to improve with moderate but steady GDP growth between 4% and 6%, led by a rebound in tourism and credit-driven consumer spending. Inflation over the same period remained tame and the currency, the kuna, stable.</p> <p> </p> <p>Croatia experienced an abrupt slowdown in the economy in 2008; economic growth was stagnant or negative in each year between 2009 and 2014, but has picked up since the third quarter of 2014, ending 2017 with an average of 2.8% growth. Challenges remain including uneven regional development, a difficult investment climate, an inefficient judiciary, and loss of educated young professionals seeking higher salaries elsewhere in the EU. In 2016, Croatia revised its tax code to stimulate growth from domestic consumption and foreign investment. Income tax reduction began in 2017, and in 2018 various business costs were removed from income tax calculations. At the start of 2018, the government announced its economic reform plan, slated for implementation in 2019.</p> <p> </p> <p>Tourism is one of the main pillars of the Croatian economy, comprising 19.6% of Croatias GDP. Croatia is working to become a regional energy hub, and is undertaking plans to open a floating liquefied natural gas (LNG) regasification terminal by the end of 2019 or early in 2020 to import LNG for re-distribution in southeast Europe.</p> <p> </p> <p>Croatia joined the EU on July 1, 2013, following a decade-long accession process. Croatia has developed a plan for Eurozone accession, and the government projects Croatia will adopt the Euro by 2024. In 2017, the Croatian government decreased public debt to 78% of GDP, from an all-time high of 84% in 2014, and realized a 0.8% budget surplus - the first surplus since independence in 1991. The government has also sought to accelerate privatization of non-strategic assets with mixed success. Croatias economic recovery is still somewhat fragile; Croatias largest private company narrowly avoided collapse in 2017, thanks to a capital infusion from an American investor. Restructuring is ongoing, and projected to finish by mid-July 2018.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -1010,10 +1010,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "1,300,105 (2020)"
"text": "1,299,329 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "31.67 (2020 est.)"
"text": "32 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1052,10 +1052,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "1,030,973 (2021)"
"text": "1,030,973 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "25.11 (2021)"
"text": "25 (2020 est.)"
}
}
},
@ -1204,7 +1204,7 @@
"stateless persons": {
"text": "2,910 (mid-year 2021)"
},
"note": "<strong>note: </strong>739,306 estimated refugee and migrant arrivals (January 2015-March 2022); flows slowed considerably in 2017; Croatia is predominantly a transit country and hosts about 340 asylum seekers as of the end of June 2018"
"note": "<strong>note: </strong>741,049 estimated refugee and migrant arrivals (January 2015-April 2022)"
},
"Illicit drugs": {
"text": "<p>drug trafficking groups are major players in the procurement and transportation of of large quantities of cocaine  destined for  European markets</p> <p> </p>"

View file

@ -1007,10 +1007,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "2,970,347 (2020)"
"text": "2,970,347 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "30.75 (2020 est.)"
"text": "31 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1049,10 +1049,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "3,265,308 (2022)"
"text": "3,265,308 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "33.8 (2022 est.)"
"text": "34 (2020 est.)"
}
}
},
@ -1203,7 +1203,7 @@
},
"Refugees and internally displaced persons": {
"refugees (country of origin)": {
"text": "572,760 (Ukraine) (as of 9 May 2022)"
"text": "605,628 (Ukraine) (as of 15 May 2022)"
},
"stateless persons": {
"text": "130 (mid-year 2021)"

View file

@ -618,7 +618,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Iceland's economy combines a capitalist structure and free-market principles with an extensive welfare system. Except for a brief period during the 2008 crisis, Iceland has in recent years achieved high growth, low unemployment, and a remarkably even distribution of income. Iceland's economy has been diversifying into manufacturing and service industries in the last decade, particularly within the fields of tourism, software production, and biotechnology. Abundant geothermal and hydropower sources have attracted substantial foreign investment in the aluminum sector, boosted economic growth, and sparked some interest from high-tech firms looking to establish data centers using cheap green energy.</p><p></p><p>Tourism, aluminum smelting, and fishing are the pillars of the economy. For decades the Icelandic economy depended heavily on fisheries, but tourism has now surpassed fishing and aluminum as Icelands main export industry. Tourism accounted for 8.6% of Icelands GDP in 2016, and 39% of total exports of merchandise and services. From 2010 to 2017, the number of tourists visiting Iceland increased by nearly 400%. Since 2010, tourism has become a main driver of Icelandic economic growth, with the number of tourists reaching 4.5 times the Icelandic population in 2016. Iceland remains sensitive to fluctuations in world prices for its main exports, and to fluctuations in the exchange rate of the Icelandic Krona.</p><p></p><p>Following the privatization of the banking sector in the early 2000s, domestic banks expanded aggressively in foreign markets, and consumers and businesses borrowed heavily in foreign currencies. Worsening global financial conditions throughout 2008 resulted in a sharp depreciation of the krona vis-a-vis other major currencies. The foreign exposure of Icelandic banks, whose loans and other assets totaled nearly nine times the country's GDP, became unsustainable. Iceland's three largest banks collapsed in late 2008. GDP fell 6.8% in 2009, and unemployment peaked at 9.4% in February 2009. Three new banks were established to take over the domestic assets of the collapsed banks. Two of them have majority ownership by the state, which intends to re-privatize them.</p><p></p><p>Since the collapse of Iceland's financial sector, government economic priorities have included stabilizing the krona, implementing capital controls, reducing Iceland's high budget deficit, containing inflation, addressing high household debt, restructuring the financial sector, and diversifying the economy. Capital controls were lifted in March 2017, but some financial protections, such as reserve requirements for specified investments connected to new inflows of foreign currency, remain in place.</p>"
"text": "<p>Iceland's economy combines a capitalist structure and free-market principles with an extensive welfare system. Except for a brief period during the 2008 crisis, Iceland has in recent years achieved high growth, low unemployment, and a remarkably even distribution of income. Iceland's economy has been diversifying into manufacturing and service industries in the last decade, particularly within the fields of tourism, software production, and biotechnology. Abundant geothermal and hydropower sources have attracted substantial foreign investment in the aluminum sector, boosted economic growth, and sparked some interest from high-tech firms looking to establish data centers using cheap green energy.</p> <p> </p> <p>Tourism, aluminum smelting, and fishing are the pillars of the economy. For decades the Icelandic economy depended heavily on fisheries, but tourism has now surpassed fishing and aluminum as Icelands main export industry. Tourism accounted for 8.6% of Icelands GDP in 2016, and 39% of total exports of merchandise and services. From 2010 to 2017, the number of tourists visiting Iceland increased by nearly 400%. Since 2010, tourism has become a main driver of Icelandic economic growth, with the number of tourists reaching 4.5 times the Icelandic population in 2016. Iceland remains sensitive to fluctuations in world prices for its main exports, and to fluctuations in the exchange rate of the Icelandic Krona.</p> <p> </p> <p>Following the privatization of the banking sector in the early 2000s, domestic banks expanded aggressively in foreign markets, and consumers and businesses borrowed heavily in foreign currencies. Worsening global financial conditions throughout 2008 resulted in a sharp depreciation of the krona vis-a-vis other major currencies. The foreign exposure of Icelandic banks, whose loans and other assets totaled nearly nine times the country's GDP, became unsustainable. Iceland's three largest banks collapsed in late 2008. GDP fell 6.8% in 2009, and unemployment peaked at 9.4% in February 2009. Three new banks were established to take over the domestic assets of the collapsed banks. Two of them have majority ownership by the state, which intends to re-privatize them.</p> <p> </p> <p>Since the collapse of Iceland's financial sector, government economic priorities have included stabilizing the krona, implementing capital controls, reducing Iceland's high budget deficit, containing inflation, addressing high household debt, restructuring the financial sector, and diversifying the economy. Capital controls were lifted in March 2017, but some financial protections, such as reserve requirements for specified investments connected to new inflows of foreign currency, remain in place.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -952,10 +952,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "107,032 (2020)"
"text": "107,032 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "31.37 (2020 est.)"
"text": "31 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -994,10 +994,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "141,816 (2021)"
"text": "141,816 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "41.56 (2021 est.)"
"text": "42 (2020 est.)"
}
}
},

View file

@ -496,7 +496,7 @@
},
"Economy": {
"Economic overview": {
"text": "Financial services, manufacturing, and tourism are key sectors of the economy. The government offers low taxes and other incentives to high-technology companies and financial institutions to locate on the island; this has paid off in expanding employment opportunities in high-income industries. As a result, agriculture and fishing, once the mainstays of the economy, have declined in their contributions to GDP. The Isle of Man also attracts online gambling sites and the film industry. Online gambling sites provided about 10% of the islands income in 2014. The Isle of Man currently enjoys free access to EU markets and trade is mostly with the UK. The Isle of Mans trade relationship with the EU derives from the United Kingdoms EU membership and will need to be renegotiated in light of the United Kingdoms decision to withdraw from the bloc. A transition period is expected to allow the free movement of goods and agricultural products to the EU until the end of 2020 or until a new settlement is negotiated."
"text": "Financial services, manufacturing, and tourism are key sectors of the economy. The government offers low taxes and other incentives to high-technology companies and financial institutions to locate on the island; this has paid off in expanding employment opportunities in high-income industries. As a result, agriculture and fishing, once the mainstays of the economy, have declined in their contributions to GDP. The Isle of Man also attracts online gambling sites and the film industry. Online gambling sites provided about 10% of the islands income in 2014. The Isle of Man currently enjoys free access to EU markets and trade is mostly with the UK. The Isle of Man&rsquo;s trade relationship with the EU derives from the United Kingdom&rsquo;s EU membership and will need to be renegotiated in light of the United Kingdom&rsquo;s decision to withdraw from the bloc. A transition period is expected to allow the free movement of goods and agricultural products to the EU until the end of 2020 or until a new settlement is negotiated."
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2015": {

View file

@ -666,7 +666,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Italys economy comprises a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, with a legacy of unemployment and underdevelopment. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors.</p><p></p><p>Italy is the third-largest economy in the euro zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, reaching 131% of GDP in 2017. Investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era records. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's longstanding structural economic problems, including labor market inefficiencies, a sluggish judicial system, and a weak banking sector. Italys economy returned to modest growth in late 2014 for the first time since 2011. In 2015-16, Italys economy grew at about 1% each year, and in 2017 growth accelerated to 1.5% of GDP. In 2017, overall unemployment was 11.4%, but youth unemployment remained high at 37.1%. GDP growth is projected to slow slightly in 2018.</p>"
"text": "<p>Italys economy comprises a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, with a legacy of unemployment and underdevelopment. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors.</p> <p> </p> <p>Italy is the third-largest economy in the euro zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, reaching 131% of GDP in 2017. Investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era records. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's longstanding structural economic problems, including labor market inefficiencies, a sluggish judicial system, and a weak banking sector. Italys economy returned to modest growth in late 2014 for the first time since 2011. In 2015-16, Italys economy grew at about 1% each year, and in 2017 growth accelerated to 1.5% of GDP. In 2017, overall unemployment was 11.4%, but youth unemployment remained high at 37.1%. GDP growth is projected to slow slightly in 2018.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -1001,10 +1001,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "19,430,559 (2020)"
"text": "19,607,341 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "32.14 (2020 est.)"
"text": "32 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1043,10 +1043,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "18,128,787 (2021)"
"text": "18,128,787 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "29.98 (2021)"
"text": "30 (2020 est.)"
}
}
},
@ -1215,7 +1215,7 @@
"stateless persons": {
"text": "3,000 (mid-year 2021)"
},
"note": "<strong>note:</strong> 601,011 estimated refugee and migrant arrivals (January 2015-April 2022)"
"note": "<strong>note:</strong> 603,001 estimated refugee and migrant arrivals (January 2015-May 2022)"
},
"Illicit drugs": {
"text": "important gateway for drug trafficking; organized crime groups allied with Colombian and Spanish groups trafficking cocaine to Europe"

View file

@ -473,7 +473,7 @@
},
"Economy": {
"Economic overview": {
"text": "Jersey's economy is based on international financial services, agriculture, and tourism. In 2016, the financial services sector accounted for about 41% of the island's output. Agriculture represented about 1% of Jerseys economy in 2016. Potatoes are an important export crop, shipped mostly to the UK. The Jersey breed of dairy cattle originated on the island and is known worldwide. The dairy industry remains important to the island with approximately $8.8 million gallons of milk produced in 2015. Tourism accounts for a significant portion of Jerseys economy, with more than 700,000 total visitors in 2015. Living standards come close to those of the UK. All raw material and energy requirements are imported as well as a large share of Jersey's food needs. Light taxes and death duties make the island a popular offshore financial center. Jersey maintains its relationship with the EU through the UK. Therefore, in light of the UKs decision to leave the EU, Jersey will also need to renegotiate its ties to the EU."
"text": "Jersey's economy is based on international financial services, agriculture, and tourism. In 2016, the financial services sector accounted for about 41% of the island's output. Agriculture represented about 1% of Jersey&rsquo;s economy in 2016. Potatoes are an important export crop, shipped mostly to the UK. The Jersey breed of dairy cattle originated on the island and is known worldwide. The dairy industry remains important to the island with approximately $8.8 million gallons of milk produced in 2015. Tourism accounts for a significant portion of Jersey&rsquo;s economy, with more than 700,000 total visitors in 2015. Living standards come close to those of the UK. All raw material and energy requirements are imported as well as a large share of Jersey's food needs. Light taxes and death duties make the island a popular offshore financial center. Jersey maintains its relationship with the EU through the UK. Therefore, in light of the UK&rsquo;s decision to leave the EU, Jersey will also need to renegotiate its ties to the EU."
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2016": {
@ -641,10 +641,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "48,310 (2020 est.)"
"text": "48,310 (2019 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "45 (2020 est.)"
"text": "44 (2019 est.)"
}
},
"Telephones - mobile cellular": {
@ -683,10 +683,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "39,699 (2020) NA"
"text": "39,699 (2020 est.) NA"
},
"subscriptions per 100 inhabitants": {
"text": "36.8 (2020) NA"
"text": "37 (2020 est.) NA"
}
}
},

View file

@ -555,7 +555,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Kosovo's economy has shown progress in transitioning to a market-based system and maintaining macroeconomic stability, but it is still highly dependent on the international community and the diaspora for financial and technical assistance. Remittances from the diaspora - located mainly in Germany, Switzerland, and the Nordic countries - are estimated to account for about 17% of GDP and international donor assistance accounts for approximately 10% of GDP. With international assistance, Kosovo has been able to privatize a majority of its state-owned enterprises.</p><p></p><p>Kosovo's citizens are the second poorest in Europe, after Moldova, with a per capita GDP (PPP) of $10,400 in 2017. An unemployment rate of 33%, and a youth unemployment rate near 60%, in a country where the average age is 26, encourages emigration and fuels a significant informal, unreported economy. Most of Kosovo's population lives in rural towns outside of the capital, Pristina. Inefficient, near-subsistence farming is common - the result of small plots, limited mechanization, and a lack of technical expertise. Kosovo enjoys lower labor costs than the rest of the region. However, high levels of corruption, little contract enforcement, and unreliable electricity supply have discouraged potential investors. The official currency of Kosovo is the euro, but the Serbian dinar is also used illegally in Serb majority communities. Kosovo's tie to the euro has helped keep core inflation low.</p><p></p><p>Minerals and metals production - including lignite, lead, zinc, nickel, chrome, aluminum, magnesium, and a wide variety of construction materials - once the backbone of industry, has declined because of aging equipment and insufficient investment, problems exacerbated by competing and unresolved ownership claims of Kosovos largest mines. A limited and unreliable electricity supply is a major impediment to economic development. The US Government is cooperating with the Ministry of Economic Development (MED) and the World Bank to conclude a commercial tender for the construction of Kosovo C, a new lignite-fired power plant that would leverage Kosovos large lignite reserves. MED also has plans for the rehabilitation of an older bituminous-fired power plant, Kosovo B, and the development of a coal mine that could supply both plants.</p><p></p><p>In June 2009, Kosovo joined the World Bank and International Monetary Fund, the Central Europe Free Trade Area (CEFTA) in 2006, the European Bank for Reconstruction and Development in 2012, and the Council of Europe Development Bank in 2013. In 2016, Kosovo implemented the Stabilization and Association Agreement (SAA) negotiations with the EU, focused on trade liberalization. In 2014, nearly 60% of customs duty-eligible imports into Kosovo were EU goods. In August 2015, as part of its EU-facilitated normalization process with Serbia, Kosovo signed agreements on telecommunications and energy distribution, but disagreements over who owns economic assets, such as the Trepca mining conglomerate, within Kosovo continue.</p><p></p><p>Kosovo experienced its first federal budget deficit in 2012, when government expenditures climbed sharply. In May 2014, the government introduced a 25% salary increase for public sector employees and an equal increase in certain social benefits. Central revenues could not sustain these increases, and the government was forced to reduce its planned capital investments. The government, led by Prime Minister MUSTAFA - a trained economist - recently made several changes to its fiscal policy, expanding the list of duty-free imports, decreasing the Value Added Tax (VAT) for basic food items and public utilities, and increasing the VAT for all other goods.</p><p></p><p>While Kosovos economy continued to make progress, unemployment has not been reduced, nor living standards raised, due to lack of economic reforms and investment.</p>"
"text": "<p>Kosovo's economy has shown progress in transitioning to a market-based system and maintaining macroeconomic stability, but it is still highly dependent on the international community and the diaspora for financial and technical assistance. Remittances from the diaspora - located mainly in Germany, Switzerland, and the Nordic countries - are estimated to account for about 17% of GDP and international donor assistance accounts for approximately 10% of GDP. With international assistance, Kosovo has been able to privatize a majority of its state-owned enterprises.</p> <p> </p> <p>Kosovo's citizens are the second poorest in Europe, after Moldova, with a per capita GDP (PPP) of $10,400 in 2017. An unemployment rate of 33%, and a youth unemployment rate near 60%, in a country where the average age is 26, encourages emigration and fuels a significant informal, unreported economy. Most of Kosovo's population lives in rural towns outside of the capital, Pristina. Inefficient, near-subsistence farming is common - the result of small plots, limited mechanization, and a lack of technical expertise. Kosovo enjoys lower labor costs than the rest of the region. However, high levels of corruption, little contract enforcement, and unreliable electricity supply have discouraged potential investors. The official currency of Kosovo is the euro, but the Serbian dinar is also used illegally in Serb majority communities. Kosovo's tie to the euro has helped keep core inflation low.</p> <p> </p> <p>Minerals and metals production - including lignite, lead, zinc, nickel, chrome, aluminum, magnesium, and a wide variety of construction materials - once the backbone of industry, has declined because of aging equipment and insufficient investment, problems exacerbated by competing and unresolved ownership claims of Kosovos largest mines. A limited and unreliable electricity supply is a major impediment to economic development. The US Government is cooperating with the Ministry of Economic Development (MED) and the World Bank to conclude a commercial tender for the construction of Kosovo C, a new lignite-fired power plant that would leverage Kosovos large lignite reserves. MED also has plans for the rehabilitation of an older bituminous-fired power plant, Kosovo B, and the development of a coal mine that could supply both plants.</p> <p> </p> <p>In June 2009, Kosovo joined the World Bank and International Monetary Fund, the Central Europe Free Trade Area (CEFTA) in 2006, the European Bank for Reconstruction and Development in 2012, and the Council of Europe Development Bank in 2013. In 2016, Kosovo implemented the Stabilization and Association Agreement (SAA) negotiations with the EU, focused on trade liberalization. In 2014, nearly 60% of customs duty-eligible imports into Kosovo were EU goods. In August 2015, as part of its EU-facilitated normalization process with Serbia, Kosovo signed agreements on telecommunications and energy distribution, but disagreements over who owns economic assets, such as the Trepca mining conglomerate, within Kosovo continue.</p> <p> </p> <p>Kosovo experienced its first federal budget deficit in 2012, when government expenditures climbed sharply. In May 2014, the government introduced a 25% salary increase for public sector employees and an equal increase in certain social benefits. Central revenues could not sustain these increases, and the government was forced to reduce its planned capital investments. The government, led by Prime Minister MUSTAFA - a trained economist - recently made several changes to its fiscal policy, expanding the list of duty-free imports, decreasing the Value Added Tax (VAT) for basic food items and public utilities, and increasing the VAT for all other goods.</p> <p> </p> <p>While Kosovos economy continued to make progress, unemployment has not been reduced, nor living standards raised, due to lack of economic reforms and investment.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -877,10 +877,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "117,317"
"text": "383,763 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "6.11 (2019 est.)"
"text": "6 (2019 est.)"
}
},
"Telephones - mobile cellular": {
@ -1017,7 +1017,7 @@
"IDPs": {
"text": "16,000 (primarily ethnic Serbs displaced during the 1998-1999 war fearing reprisals from the majority ethnic-Albanian population; a smaller number of ethnic Serbs, Roma, Ashkali, and Egyptians fled their homes in 2,004 as a result of violence) (2020)"
},
"note": "<strong>note:</strong> 7,767 estimated refugee and migrant arrivals (January 2015-March 2022)"
"note": "<strong>note:</strong> 7,794 estimated refugee and migrant arrivals (January 2015-April 2022)"
}
}
}

View file

@ -657,7 +657,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Latvia is a small, open economy with exports contributing more than half of GDP. Due to its geographical location, transit services are highly-developed, along with timber and wood-processing, agriculture and food products, and manufacturing of machinery and electronics industries. Corruption continues to be an impediment to attracting foreign direct investment and Latvia's low birth rate and decreasing population are major challenges to its long-term economic vitality.</p><p></p><p>Latvia's economy experienced GDP growth of more than 10% per year during 2006-07, but entered a severe recession in 2008 as a result of an unsustainable current account deficit and large debt exposure amid the slowing world economy. Triggered by the collapse of the second largest bank, GDP plunged by more than 14% in 2009 and, despite strong growth since 2011, the economy took until 2017 return to pre-crisis levels in real terms. Strong investment and consumption, the latter stoked by rising wages, helped the economy grow by more than 4% in 2017, while inflation rose to 3%. Continued gains in competitiveness and investment will be key to maintaining economic growth, especially in light of unfavorable demographic trends, including the emigration of skilled workers, and one of the highest levels of income inequality in the EU.</p><p></p><p>In the wake of the 2008-09 crisis, the IMF, EU, and other international donors provided substantial financial assistance to Latvia as part of an agreement to defend the currency's peg to the euro in exchange for the government's commitment to stringent austerity measures. The IMF/EU program successfully concluded in December 2011, although, the austerity measures imposed large social costs. The majority of companies, banks, and real estate have been privatized, although the state still holds sizable stakes in a few large enterprises, including 80% ownership of the Latvian national airline. Latvia officially joined the World Trade Organization in February 1999 and the EU in May 2004. Latvia also joined the euro zone in 2014 and the OECD in 2016.</p>"
"text": "<p>Latvia is a small, open economy with exports contributing more than half of GDP. Due to its geographical location, transit services are highly-developed, along with timber and wood-processing, agriculture and food products, and manufacturing of machinery and electronics industries. Corruption continues to be an impediment to attracting foreign direct investment and Latvia's low birth rate and decreasing population are major challenges to its long-term economic vitality.</p> <p> </p> <p>Latvia's economy experienced GDP growth of more than 10% per year during 2006-07, but entered a severe recession in 2008 as a result of an unsustainable current account deficit and large debt exposure amid the slowing world economy. Triggered by the collapse of the second largest bank, GDP plunged by more than 14% in 2009 and, despite strong growth since 2011, the economy took until 2017 return to pre-crisis levels in real terms. Strong investment and consumption, the latter stoked by rising wages, helped the economy grow by more than 4% in 2017, while inflation rose to 3%. Continued gains in competitiveness and investment will be key to maintaining economic growth, especially in light of unfavorable demographic trends, including the emigration of skilled workers, and one of the highest levels of income inequality in the EU.</p> <p> </p> <p>In the wake of the 2008-09 crisis, the IMF, EU, and other international donors provided substantial financial assistance to Latvia as part of an agreement to defend the currency's peg to the euro in exchange for the government's commitment to stringent austerity measures. The IMF/EU program successfully concluded in December 2011, although, the austerity measures imposed large social costs. The majority of companies, banks, and real estate have been privatized, although the state still holds sizable stakes in a few large enterprises, including 80% ownership of the Latvian national airline. Latvia officially joined the World Trade Organization in February 1999 and the EU in May 2004. Latvia also joined the euro zone in 2014 and the OECD in 2016.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -992,10 +992,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "211,849 (2020)"
"text": "211,849 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "11.23 (2020 est.)"
"text": "11 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1034,10 +1034,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "490,569 (2022)"
"text": "490,569 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "26.01 (2022)"
"text": "26 (2020 est.)"
}
}
},

View file

@ -118,18 +118,18 @@
}
},
"Ethnic groups": {
"text": "Lithuanian 84.1%, Polish 6.6%, Russian 5.8%, Belarusian 1.2%, other 1.1%, unspecified 1.2% (2011 est.)"
"text": "Lithuanian 84.6%, Polish 6.5%, Russian 5%, Belarusian 1%, other 1.1%, unspecified 1.8% (2021 est.)"
},
"Languages": {
"Languages": {
"text": "Lithuanian (official) 82%, Russian 8%, Polish 5.6%, other 0.9%, unspecified 3.5% (2011 est.)"
"text": "Lithuanian (official) 85.3%, Russian 6.8%, Polish 5.1%, other 1.1%, two mother tongues 1.7%% (2021 est.)"
},
"major-language sample(s)": {
"text": "<br>Pasaulio enciklopedija naudingas bendrosios informacijos šaltinis. (Lithuanian)<br><br>The World Factbook, the indispensable source for basic information."
}
},
"Religions": {
"text": "Roman Catholic 77.2%, Russian Orthodox 4.1%, Old Believer 0.8%, Evangelical Lutheran 0.6%, Evangelical Reformist 0.2%, other (including Sunni Muslim, Jewish, Greek Catholic, and Karaite) 0.8%, none 6.1%, unspecified 10.1% (2011 est.)"
"text": "Roman Catholic 74.2%, Russian Orthodox 3.7%, Old Believer 0.6%, Evangelical Lutheran 0.6%, Evangelical Reformist 0.2%, other (including Sunni Muslim Jewish, Greek Catholic, and Karaite) 0.9 , none 6.1%, unspecified 13.7% (2021 est.)"
},
"Age structure": {
"0-14 years": {
@ -668,7 +668,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>After the country declared independence from the Soviet Union in 1990, Lithuania faced an initial dislocation that is typical during transitions from a planned economy to a free-market economy. Macroeconomic stabilization policies, including privatization of most state-owned enterprises, and a strong commitment to a currency board arrangement led to an open and rapidly growing economy and rising consumer demand. Foreign investment and EU funding aided in the transition. Lithuania joined the WTO in May 2001, the EU in May 2004, and the euro zone in January 2015, and is now working to complete the OECD accession roadmap it received in July 2015. In 2017, joined the OECD Working Group on Bribery, an important step in the OECD accession process.</p><p></p><p>The Lithuanian economy was severely hit by the 2008-09 global financial crisis, but it has rebounded and become one of the fastest growing in the EU. Increases in exports, investment, and wage growth that supported consumption helped the economy grow by 3.6% in 2017. In 2015, Russia was Lithuanias largest trading partner, followed by Poland, Germany, and Latvia; goods and services trade between the US and Lithuania totaled $2.2 billion. Lithuania opened a self-financed liquefied natural gas terminal in January 2015, providing the first non-Russian supply of natural gas to the Baltic States and reducing Lithuanias dependence on Russian gas from 100% to approximately 30% in 2016.</p><p></p><p>Lithuanias ongoing recovery hinges on improving the business environment, especially by liberalizing labor laws, and improving competitiveness and export growth, the latter hampered by economic slowdowns in the EU and Russia. In addition, a steady outflow of young and highly educated people is causing a shortage of skilled labor, which, combined with a rapidly aging population, could stress public finances and constrain long-term growth.</p>"
"text": "<p>After the country declared independence from the Soviet Union in 1990, Lithuania faced an initial dislocation that is typical during transitions from a planned economy to a free-market economy. Macroeconomic stabilization policies, including privatization of most state-owned enterprises, and a strong commitment to a currency board arrangement led to an open and rapidly growing economy and rising consumer demand. Foreign investment and EU funding aided in the transition. Lithuania joined the WTO in May 2001, the EU in May 2004, and the euro zone in January 2015, and is now working to complete the OECD accession roadmap it received in July 2015. In 2017, joined the OECD Working Group on Bribery, an important step in the OECD accession process.</p> <p> </p> <p>The Lithuanian economy was severely hit by the 2008-09 global financial crisis, but it has rebounded and become one of the fastest growing in the EU. Increases in exports, investment, and wage growth that supported consumption helped the economy grow by 3.6% in 2017. In 2015, Russia was Lithuanias largest trading partner, followed by Poland, Germany, and Latvia; goods and services trade between the US and Lithuania totaled $2.2 billion. Lithuania opened a self-financed liquefied natural gas terminal in January 2015, providing the first non-Russian supply of natural gas to the Baltic States and reducing Lithuanias dependence on Russian gas from 100% to approximately 30% in 2016.</p> <p> </p> <p>Lithuanias ongoing recovery hinges on improving the business environment, especially by liberalizing labor laws, and improving competitiveness and export growth, the latter hampered by economic slowdowns in the EU and Russia. In addition, a steady outflow of young and highly educated people is causing a shortage of skilled labor, which, combined with a rapidly aging population, could stress public finances and constrain long-term growth.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -1003,10 +1003,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "322,108 (2020)"
"text": "322,108 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "11.83 (2020 est.)"
"text": "12 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1045,10 +1045,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "796,814 (2022)"
"text": "796,814 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "29.27 (2022)"
"text": "29 (2020 est.)"
}
}
},

View file

@ -632,7 +632,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Slovakias economy suffered from a slow start in the first years after its separation from the Czech Republic in 1993, due to the countrys authoritarian leadership and high levels of corruption, but economic reforms implemented after 1998 have placed Slovakia on a path of strong growth. With a population of 5.4 million, the Slovak Republic has a small, open economy driven mainly by automobile and electronics exports, which account for more than 80% of GDP. Slovakia joined the EU in 2004 and the euro zone in 2009. The countrys banking sector is sound and predominantly foreign owned.</p><p></p><p>Slovakia has been a regional FDI champion for several years, attractive due to a relatively low-cost yet skilled labor force, and a favorable geographic location in the heart of Central Europe. Exports and investment have been key drivers of Slovakias robust growth in recent years. The unemployment rate fell to historical lows in 2017, and rising wages fueled increased consumption, which played a more prominent role in 2017 GDP growth. A favorable outlook for the Eurozone suggests continued strong growth prospects for Slovakia during the next few years, although inflation is also expected to pick up.</p><p></p><p>Among the most pressing domestic issues potentially threatening the attractiveness of the Slovak market are shortages in the qualified labor force, persistent corruption issues, and an inadequate judiciary, as well as a slow transition to an innovation-based economy. The energy sector in particular is characterized by unpredictable regulatory oversight and high costs, in part driven by government interference in regulated tariffs. Moreover, the governments attempts to maintain low household energy prices could harm the profitability of domestic energy firms while undercutting energy efficiency initiatives.</p>"
"text": "<p>Slovakias economy suffered from a slow start in the first years after its separation from the Czech Republic in 1993, due to the countrys authoritarian leadership and high levels of corruption, but economic reforms implemented after 1998 have placed Slovakia on a path of strong growth. With a population of 5.4 million, the Slovak Republic has a small, open economy driven mainly by automobile and electronics exports, which account for more than 80% of GDP. Slovakia joined the EU in 2004 and the euro zone in 2009. The countrys banking sector is sound and predominantly foreign owned.</p> <p> </p> <p>Slovakia has been a regional FDI champion for several years, attractive due to a relatively low-cost yet skilled labor force, and a favorable geographic location in the heart of Central Europe. Exports and investment have been key drivers of Slovakias robust growth in recent years. The unemployment rate fell to historical lows in 2017, and rising wages fueled increased consumption, which played a more prominent role in 2017 GDP growth. A favorable outlook for the Eurozone suggests continued strong growth prospects for Slovakia during the next few years, although inflation is also expected to pick up.</p> <p> </p> <p>Among the most pressing domestic issues potentially threatening the attractiveness of the Slovak market are shortages in the qualified labor force, persistent corruption issues, and an inadequate judiciary, as well as a slow transition to an innovation-based economy. The energy sector in particular is characterized by unpredictable regulatory oversight and high costs, in part driven by government interference in regulated tariffs. Moreover, the governments attempts to maintain low household energy prices could harm the profitability of domestic energy firms while undercutting energy efficiency initiatives.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -967,10 +967,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "616,148 (2020)"
"text": "648,462 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "11.29 (2020 est.)"
"text": "12 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1009,10 +1009,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "1,701,561 (2022)"
"text": "1,701,561 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "31.17 (2022)"
"text": "31 (2020 est.)"
}
}
},
@ -1142,7 +1142,7 @@
},
"Refugees and internally displaced persons": {
"refugees (country of origin)": {
"text": "404,463 (Ukraine) (as of 9 May 2022)"
"text": "421,662 (Ukraine) (as of 15 May 2022)"
},
"stateless persons": {
"text": "1,532 (mid-year 2021)"

View file

@ -112,7 +112,7 @@
}
},
"Ethnic groups": {
"text": "Liechtensteiner 65.8%, Swiss 9.6%, Austrian 5.9%, German 4.4%, Italian 3.1%, other 11.2% (2019 est.)",
"text": "Liechtensteiner 65.5%, Swiss 9.6%, Austrian 6%, German 4.5%, Italian 3.1%, other 11.4% (2020 est.)",
"note": "<strong>note:</strong> data represent population by nationality"
},
"Languages": {
@ -557,7 +557,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Despite its small size and lack of natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial services sector and one of the highest per capita income levels in the world. The Liechtenstein economy is widely diversified with a large number of small and medium-sized businesses, particularly in the services sector. Low business taxes - a flat tax of 12.5% on income is applied - and easy incorporation rules have induced many holding companies to establish nominal offices in Liechtenstein, providing 30% of state revenues.</p><p></p><p>The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. It imports more than 90% of its energy requirements. Liechtenstein has been a member of the European Economic Area (an organization serving as a bridge between the European Free Trade Association and the EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated EU. As of 2015, 54% of Liechtensteins workforce consisted of cross-border commuters, largely from Austria, Germany, and Switzerland.</p><p></p><p>Since 2008, Liechtenstein has faced renewed international pressure - particularly from Germany and the US - to improve transparency in its banking and tax systems. In December 2008, Liechtenstein signed a Tax Information Exchange Agreement with the US. Upon Liechtenstein's conclusion of 12 bilateral information-sharing agreements, the OECD in October 2009 removed the principality from its \"grey list\" of countries that had yet to implement the organization's Model Tax Convention. By the end of 2010, Liechtenstein had signed 25 Tax Information Exchange Agreements or Double Tax Agreements. In 2011, Liechtenstein joined the Schengen area, which allows passport-free travel across 26 European countries. In 2015, Liechtenstein and the EU agreed to clamp down on tax fraud and evasion and in 2018 will start automatically exchanging information on the bank accounts of each others residents.</p>"
"text": "<p>Despite its small size and lack of natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial services sector and one of the highest per capita income levels in the world. The Liechtenstein economy is widely diversified with a large number of small and medium-sized businesses, particularly in the services sector. Low business taxes - a flat tax of 12.5% on income is applied - and easy incorporation rules have induced many holding companies to establish nominal offices in Liechtenstein, providing 30% of state revenues.</p> <p> </p> <p>The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. It imports more than 90% of its energy requirements. Liechtenstein has been a member of the European Economic Area (an organization serving as a bridge between the European Free Trade Association and the EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated EU. As of 2015, 54% of Liechtensteins workforce consisted of cross-border commuters, largely from Austria, Germany, and Switzerland.</p> <p> </p> <p>Since 2008, Liechtenstein has faced renewed international pressure - particularly from Germany and the US - to improve transparency in its banking and tax systems. In December 2008, Liechtenstein signed a Tax Information Exchange Agreement with the US. Upon Liechtenstein's conclusion of 12 bilateral information-sharing agreements, the OECD in October 2009 removed the principality from its \"grey list\" of countries that had yet to implement the organization's Model Tax Convention. By the end of 2010, Liechtenstein had signed 25 Tax Information Exchange Agreements or Double Tax Agreements. In 2011, Liechtenstein joined the Schengen area, which allows passport-free travel across 26 European countries. In 2015, Liechtenstein and the EU agreed to clamp down on tax fraud and evasion and in 2018 will start automatically exchanging information on the bank accounts of each others residents.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2014": {
@ -749,10 +749,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "12,723 (2020)"
"text": "12,607 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "33.37 (2020 est.)"
"text": "33 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -791,10 +791,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "18,050 (2021)"
"text": "18,050 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "47.34 (2021)"
"text": "47 (2020 est.)"
}
}
},

View file

@ -114,14 +114,14 @@
}
},
"Ethnic groups": {
"text": "Luxembourger 51.1%, Portuguese 15.7%, French 7.5%, Italian 3.6%, Belgian 3.3%, German 2.1%, Spanish 1.1%, British 1%, other 14.6% (2019 est.)",
"text": "Luxembourger 52.9%, Portuguese 14.5%, French 7.6%, Italian 3.7%, Belgian 3%, German 2%, Spanish 1.3%, Romania 1%, other 14% (2022 est.)",
"note": "<strong>note:</strong> data represent population by nationality"
},
"Languages": {
"text": "Luxembourgish (official administrative and judicial language and national language (spoken vernacular)) 55.8%, Portuguese 15.7%, French (official administrative, judicial, and legislative language) 12.1%, German (official administrative and judicial language) 3.1%, Italian 2.9%, English 2.1%, other 8.4% (2011 est.)"
},
"Religions": {
"text": "Christian (predominantly Roman Catholic) 70.6%, Muslim 2.3%, other (includes Buddhist, folk religions, Hindu, Jewish) 0.4%, unaffiliated 26.7%% (2020 est.)"
"text": "Christian (predominantly Roman Catholic) 70.6%, Muslim 2.3%, other (includes Buddhist, folk religions, Hindu, Jewish) 0.4%, unaffiliated 26.7% (2020 est.)"
},
"Age structure": {
"0-14 years": {
@ -617,7 +617,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>This small, stable, high-income economy has historically featured solid growth, low inflation, and low unemployment. Luxembourg, the only Grand Duchy in the world, is a landlocked country in northwestern Europe surrounded by Belgium, France, and Germany. Despite its small landmass and small population, Luxembourg is the fifth-wealthiest country in the world when measured on a gross domestic product (PPP) per capita basis. Luxembourg has one of the highest current account surpluses as a share of GDP in the euro zone, and it maintains a healthy budgetary position, with a 2017 surplus of 0.5% of GDP, and the lowest public debt level in the region.</p><p></p><p>Since 2002, Luxembourgs government has proactively implemented policies and programs to support economic diversification and to attract foreign direct investment. The government focused on key innovative industries that showed promise for supporting economic growth: logistics, information and communications technology (ICT); health technologies, including biotechnology and biomedical research; clean energy technologies, and more recently, space technology and financial services technologies. The economy has evolved and flourished, posting strong GDP growth of 3.4% in 2017, far outpacing the European average of 1.8%.</p><p></p><p>Luxembourg remains a financial powerhouse the financial sector accounts for more than 35% of GDP - because of the exponential growth of the investment fund sector through the launch and development of cross-border funds (UCITS) in the 1990s. Luxembourg is the worlds second-largest investment fund asset domicile, after the US, with $4 trillion of assets in custody in financial institutions.</p><p></p><p>Luxembourg has lost some of its advantage as a favorable tax location because of OECD and EU pressure, as well as the \"LuxLeaks\" scandal, which revealed advantageous tax treatments offered to foreign corporations. In 2015, the governments compliance with EU requirements to implement automatic exchange of tax information on savings accounts - thus ending banking secrecy - has constricted banking activity. Likewise, changes to the way EU members collect taxes from e-commerce has cut Luxembourgs sales tax revenues, requiring the government to raise additional levies and to reduce some direct social benefits as part of the tax reform package of 2017. The tax reform package also included reductions in the corporate tax rate and increases in deductions for families, both intended to increase purchasing power and increase competitiveness.</p>"
"text": "<p>This small, stable, high-income economy has historically featured solid growth, low inflation, and low unemployment. Luxembourg, the only Grand Duchy in the world, is a landlocked country in northwestern Europe surrounded by Belgium, France, and Germany. Despite its small landmass and small population, Luxembourg is the fifth-wealthiest country in the world when measured on a gross domestic product (PPP) per capita basis. Luxembourg has one of the highest current account surpluses as a share of GDP in the euro zone, and it maintains a healthy budgetary position, with a 2017 surplus of 0.5% of GDP, and the lowest public debt level in the region.</p> <p> </p> <p>Since 2002, Luxembourgs government has proactively implemented policies and programs to support economic diversification and to attract foreign direct investment. The government focused on key innovative industries that showed promise for supporting economic growth: logistics, information and communications technology (ICT); health technologies, including biotechnology and biomedical research; clean energy technologies, and more recently, space technology and financial services technologies. The economy has evolved and flourished, posting strong GDP growth of 3.4% in 2017, far outpacing the European average of 1.8%.</p> <p> </p> <p>Luxembourg remains a financial powerhouse the financial sector accounts for more than 35% of GDP - because of the exponential growth of the investment fund sector through the launch and development of cross-border funds (UCITS) in the 1990s. Luxembourg is the worlds second-largest investment fund asset domicile, after the US, with $4 trillion of assets in custody in financial institutions.</p> <p> </p> <p>Luxembourg has lost some of its advantage as a favorable tax location because of OECD and EU pressure, as well as the \"LuxLeaks\" scandal, which revealed advantageous tax treatments offered to foreign corporations. In 2015, the governments compliance with EU requirements to implement automatic exchange of tax information on savings accounts - thus ending banking secrecy - has constricted banking activity. Likewise, changes to the way EU members collect taxes from e-commerce has cut Luxembourgs sales tax revenues, requiring the government to raise additional levies and to reduce some direct social benefits as part of the tax reform package of 2017. The tax reform package also included reductions in the corporate tax rate and increases in deductions for families, both intended to increase purchasing power and increase competitiveness.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -953,10 +953,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "268,090 (2020)"
"text": "268,090 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "42.83 (2020 est.)"
"text": "43 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -995,10 +995,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "235,155 (2021)"
"text": "235,155 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "37.57 (2021)"
"text": "38 (2020 est.)"
}
}
},

View file

@ -646,7 +646,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Despite recent progress, Moldova remains one of the poorest countries in Europe. With a moderate climate and productive farmland, Moldova's economy relies heavily on its agriculture sector, featuring fruits, vegetables, wine, wheat, and tobacco. Moldova also depends on annual remittances of about $1.2 billion - almost 15% of GDP - from the roughly one million Moldovans working in Europe, Israel, Russia, and elsewhere.</p><p></p><p>With few natural energy resources, Moldova imports almost all of its energy supplies from Russia and Ukraine. Moldova's dependence on Russian energy is underscored by a more than $6 billion debt to Russian natural gas supplier Gazprom, largely the result of unreimbursed natural gas consumption in the breakaway region of Transnistria. Moldova and Romania inaugurated the Ungheni-Iasi natural gas interconnector project in August 2014. The 43-kilometer pipeline between Moldova and Romania, allows for both the import and export of natural gas. Several technical and regulatory delays kept gas from flowing into Moldova until March 2015. Romanian gas exports to Moldova are largely symbolic. In 2018, Moldova awarded a tender to Romanian Transgaz to construct a pipeline connecting Ungheni to Chisinau, bringing the gas to Moldovan population centers. Moldova also seeks to connect with the European power grid by 2022.</p><p></p><p>The government's stated goal of EU integration has resulted in some market-oriented progress. Moldova experienced better than expected economic growth in 2017, largely driven by increased consumption, increased revenue from agricultural exports, and improved tax collection. During fall 2014, Moldova signed an Association Agreement and a Deep and Comprehensive Free Trade Agreement with the EU (AA/DCFTA), connecting Moldovan products to the worlds largest market. The EU AA/DCFTA has contributed to significant growth in Moldovas exports to the EU. In 2017, the EU purchased over 65% of Moldovas exports, a major change from 20 years previously when the Commonwealth of Independent States (CIS) received over 69% of Moldovas exports. A $1 billion asset-stripping heist of Moldovan banks in late 2014 delivered a significant shock to the economy in 2015; the subsequent bank bailout increased inflationary pressures and contributed to the depreciation of the leu and a minor recession. Moldovas growth has also been hampered by endemic corruption, which limits business growth and deters foreign investment, and Russian restrictions on imports of Moldovas agricultural products. The governments push to restore stability and implement meaningful reform led to the approval in 2016 of a $179 million three-year IMF program focused on improving the banking and fiscal environments, along with additional assistance programs from the EU, World Bank, and Romania. Moldova received two IMF tranches in 2017, totaling over $42.5 million.</p><p></p><p>Over the longer term, Moldova's economy remains vulnerable to corruption, political uncertainty, weak administrative capacity, vested bureaucratic interests, energy import dependence, Russian political and economic pressure, heavy dependence on agricultural exports, and unresolved separatism in Moldova's Transnistria region.</p>"
"text": "<p>Despite recent progress, Moldova remains one of the poorest countries in Europe. With a moderate climate and productive farmland, Moldova's economy relies heavily on its agriculture sector, featuring fruits, vegetables, wine, wheat, and tobacco. Moldova also depends on annual remittances of about $1.2 billion - almost 15% of GDP - from the roughly one million Moldovans working in Europe, Israel, Russia, and elsewhere.</p> <p> </p> <p>With few natural energy resources, Moldova imports almost all of its energy supplies from Russia and Ukraine. Moldova's dependence on Russian energy is underscored by a more than $6 billion debt to Russian natural gas supplier Gazprom, largely the result of unreimbursed natural gas consumption in the breakaway region of Transnistria. Moldova and Romania inaugurated the Ungheni-Iasi natural gas interconnector project in August 2014. The 43-kilometer pipeline between Moldova and Romania, allows for both the import and export of natural gas. Several technical and regulatory delays kept gas from flowing into Moldova until March 2015. Romanian gas exports to Moldova are largely symbolic. In 2018, Moldova awarded a tender to Romanian Transgaz to construct a pipeline connecting Ungheni to Chisinau, bringing the gas to Moldovan population centers. Moldova also seeks to connect with the European power grid by 2022.</p> <p> </p> <p>The government's stated goal of EU integration has resulted in some market-oriented progress. Moldova experienced better than expected economic growth in 2017, largely driven by increased consumption, increased revenue from agricultural exports, and improved tax collection. During fall 2014, Moldova signed an Association Agreement and a Deep and Comprehensive Free Trade Agreement with the EU (AA/DCFTA), connecting Moldovan products to the worlds largest market. The EU AA/DCFTA has contributed to significant growth in Moldovas exports to the EU. In 2017, the EU purchased over 65% of Moldovas exports, a major change from 20 years previously when the Commonwealth of Independent States (CIS) received over 69% of Moldovas exports. A $1 billion asset-stripping heist of Moldovan banks in late 2014 delivered a significant shock to the economy in 2015; the subsequent bank bailout increased inflationary pressures and contributed to the depreciation of the leu and a minor recession. Moldovas growth has also been hampered by endemic corruption, which limits business growth and deters foreign investment, and Russian restrictions on imports of Moldovas agricultural products. The governments push to restore stability and implement meaningful reform led to the approval in 2016 of a $179 million three-year IMF program focused on improving the banking and fiscal environments, along with additional assistance programs from the EU, World Bank, and Romania. Moldova received two IMF tranches in 2017, totaling over $42.5 million.</p> <p> </p> <p>Over the longer term, Moldova's economy remains vulnerable to corruption, political uncertainty, weak administrative capacity, vested bureaucratic interests, energy import dependence, Russian political and economic pressure, heavy dependence on agricultural exports, and unresolved separatism in Moldova's Transnistria region.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -978,10 +978,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "1,027,689 (2020)"
"text": "1,027,689 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "25.48 (2020 est.)"
"text": "25 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1020,10 +1020,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "719,001 (2022)"
"text": "719,001 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "17.82 (2022)"
"text": "18 (2020 est.)"
}
}
},
@ -1153,7 +1153,7 @@
},
"Refugees and internally displaced persons": {
"refugees (country of origin)": {
"text": "457,066 (Ukraine) (as of 9 May 2022)"
"text": "463,348 (Ukraine) (as of 15 May 2022)"
},
"stateless persons": {
"text": "3,372 (mid-year 2021)"

View file

@ -688,7 +688,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Montenegro's economy is transitioning to a market system. Around 90% of Montenegrin state-owned companies have been privatized, including 100% of banking, telecommunications, and oil distribution. Tourism, which accounts for more than 20% of Montenegros GDP, brings in three times as many visitors as Montenegros total population every year. Several new luxury tourism complexes are in various stages of development along the coast, and a number are being offered in connection with nearby boating and yachting facilities. In addition to tourism, energy and agriculture are considered two distinct pillars of the economy. Only 20% of Montenegros hydropower potential is utilized. Montenegro plans to become a net energy exporter, and the construction of an underwater cable to Italy, which will be completed by the end of 2018, will help meet its goal.</p><p></p><p>Montenegro uses the euro as its domestic currency, though it is not an official member of the euro zone. In January 2007, Montenegro joined the World Bank and IMF, and in December 2011, the WTO. Montenegro began negotiations to join the EU in 2012, having met the conditions set down by the European Council, which called on Montenegro to take steps to fight corruption and organized crime.</p><p></p><p>The government recognizes the need to remove impediments in order to remain competitive and open the economy to foreign investors. Net foreign direct investment in 2017 reached $848 million and investment per capita is one of the highest in Europe, due to a low corporate tax rate. The biggest foreign investors in Montenegro in 2017 were Norway, Russia, Italy, Azerbaijan and Hungary.</p><p></p><p>Montenegro is currently planning major overhauls of its road and rail networks, and possible expansions of its air transportation system. In 2014, the Government of Montenegro selected two Chinese companies to construct a 41 km-long section of the countrys highway system, which will become part of Chinas Belt and Road Initiative. Cheaper borrowing costs have stimulated Montenegros growing debt, which currently sits at 65.9% of GDP, with a forecast, absent fiscal consolidation, to increase to 80% once the repayment to Chinas Ex/Im Bank of a €800 million highway loan begins in 2019. Montenegro first instituted a value-added tax (VAT) in April 2003, and introduced differentiated VAT rates of 17% and 7% (for tourism) in January 2006. The Montenegrin Government increased the non-tourism Value Added Tax (VAT) rate to 21% as of January 2018, with the goal of reducing its public debt.</p>"
"text": "<p>Montenegro's economy is transitioning to a market system. Around 90% of Montenegrin state-owned companies have been privatized, including 100% of banking, telecommunications, and oil distribution. Tourism, which accounts for more than 20% of Montenegros GDP, brings in three times as many visitors as Montenegros total population every year. Several new luxury tourism complexes are in various stages of development along the coast, and a number are being offered in connection with nearby boating and yachting facilities. In addition to tourism, energy and agriculture are considered two distinct pillars of the economy. Only 20% of Montenegros hydropower potential is utilized. Montenegro plans to become a net energy exporter, and the construction of an underwater cable to Italy, which will be completed by the end of 2018, will help meet its goal.</p> <p> </p> <p>Montenegro uses the euro as its domestic currency, though it is not an official member of the euro zone. In January 2007, Montenegro joined the World Bank and IMF, and in December 2011, the WTO. Montenegro began negotiations to join the EU in 2012, having met the conditions set down by the European Council, which called on Montenegro to take steps to fight corruption and organized crime.</p> <p> </p> <p>The government recognizes the need to remove impediments in order to remain competitive and open the economy to foreign investors. Net foreign direct investment in 2017 reached $848 million and investment per capita is one of the highest in Europe, due to a low corporate tax rate. The biggest foreign investors in Montenegro in 2017 were Norway, Russia, Italy, Azerbaijan and Hungary.</p> <p> </p> <p>Montenegro is currently planning major overhauls of its road and rail networks, and possible expansions of its air transportation system. In 2014, the Government of Montenegro selected two Chinese companies to construct a 41 km-long section of the countrys highway system, which will become part of Chinas Belt and Road Initiative. Cheaper borrowing costs have stimulated Montenegros growing debt, which currently sits at 65.9% of GDP, with a forecast, absent fiscal consolidation, to increase to 80% once the repayment to Chinas Ex/Im Bank of a €800 million highway loan begins in 2019. Montenegro first instituted a value-added tax (VAT) in April 2003, and introduced differentiated VAT rates of 17% and 7% (for tourism) in January 2006. The Montenegrin Government increased the non-tourism Value Added Tax (VAT) rate to 21% as of January 2018, with the goal of reducing its public debt.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -1020,10 +1020,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "191,768 (2020)"
"text": "191,768 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "30.53 (2020 est.)"
"text": "31 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1062,10 +1062,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "184,176 (2021)"
"text": "184,176 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "29.32 (2021)"
"text": "29 (2020 est.)"
}
}
},
@ -1190,7 +1190,7 @@
"stateless persons": {
"text": "458 (mid-year 2021)"
},
"note": "<strong>note:</strong> 21,274 estimated refugee and migrant arrivals (January 2015-April 2022)"
"note": "<strong>note:</strong> 21,385 estimated refugee and migrant arrivals (January 2015-May 2022)"
},
"Illicit drugs": {
"text": "<p>drug trafficking groups are major players in the procurement and transportation of large quantities of cocaine  destined for  European markets</p>"

View file

@ -982,10 +982,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "400,454"
"text": "415,390 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "19.22 (2019 est.)"
"text": "20 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1024,10 +1024,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "475,569 (2021)"
"text": "475,569 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "22.83 (2021 est.)"
"text": "23 (2020 est.)"
}
}
},
@ -1135,7 +1135,7 @@
"stateless persons": {
"text": "553 (mid-year 2021)"
},
"note": "<strong>note:</strong> 530,200 estimated refugee and migrant arrivals (January 2015-March 2022)"
"note": "<strong>note:</strong> 531,497 estimated refugee and migrant arrivals (January 2015-April 2022)"
},
"Illicit drugs": {
"text": "major transshipment point for Southwest Asian heroin and hashish; minor transit point for South American cocaine destined for Europe; although not a financial center and most criminal activity is thought to be domestic, money laundering is a problem due to a mostly cash-based economy and weak enforcement"

View file

@ -563,7 +563,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. The principality also is a banking center and has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state retains monopolies in a number of sectors, including tobacco, the telephone network, and the postal service. Living standards are high, roughly comparable to those in prosperous French metropolitan areas.</p><p></p><p>The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. Monaco, however, is not a tax-free shelter; it charges nearly 20% value-added tax, collects stamp duties, and companies face a 33% tax on profits unless they can show that three-quarters of profits are generated within the principality. Monaco was formally removed from the OECD's \"grey list\" of uncooperative tax jurisdictions in late 2009, but continues to face international pressure to abandon its banking secrecy laws and help combat tax evasion. In October 2014, Monaco officially became the 84th jurisdiction participating in the OECDs Multilateral Convention on Mutual Administrative Assistance in Tax Matters, an effort to combat offshore tax avoidance and evasion.</p><p></p><p>Monaco's reliance on tourism and banking for its economic growth has left it vulnerable to downturns in France and other European economies which are the principality's main trade partners. In 2009, Monaco's GDP fell by 11.5% as the euro-zone crisis precipitated a sharp drop in tourism and retail activity and home sales. A modest recovery ensued in 2010 and intensified in 2013, with GDP growth of more than 9%, but Monaco's economic prospects remain uncertain.</p>"
"text": "<p>Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. The principality also is a banking center and has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state retains monopolies in a number of sectors, including tobacco, the telephone network, and the postal service. Living standards are high, roughly comparable to those in prosperous French metropolitan areas.</p> <p> </p> <p>The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. Monaco, however, is not a tax-free shelter; it charges nearly 20% value-added tax, collects stamp duties, and companies face a 33% tax on profits unless they can show that three-quarters of profits are generated within the principality. Monaco was formally removed from the OECD's \"grey list\" of uncooperative tax jurisdictions in late 2009, but continues to face international pressure to abandon its banking secrecy laws and help combat tax evasion. In October 2014, Monaco officially became the 84th jurisdiction participating in the OECDs Multilateral Convention on Mutual Administrative Assistance in Tax Matters, an effort to combat offshore tax avoidance and evasion.</p> <p> </p> <p>Monaco's reliance on tourism and banking for its economic growth has left it vulnerable to downturns in France and other European economies which are the principality's main trade partners. In 2009, Monaco's GDP fell by 11.5% as the euro-zone crisis precipitated a sharp drop in tourism and retail activity and home sales. A modest recovery ensued in 2010 and intensified in 2013, with GDP growth of more than 9%, but Monaco's economic prospects remain uncertain.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2015": {
@ -750,10 +750,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "43,706 (2020)"
"text": "43,706 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "111.4 (2020 est.)"
"text": "111 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -792,10 +792,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "20,877 (2021)"
"text": "20,877 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "53.2 (2021)"
"text": "53 (2020 est.)"
}
}
},

View file

@ -1,7 +1,7 @@
{
"Introduction": {
"Background": {
"text": "With a civilization that dates back thousands of years, Malta boasts some of the oldest megalithic sites in the world. Situated in the center of the Mediterranean, Maltas islands have long served as a strategic military asset, with the islands at various times having come under control of the Phoenicians, Carthaginians, Greeks, Romans, Byzantines, Moors, Normans, Sicilians, Spanish, Knights of St. John, and the French. Most recently a British colony (since 1814), Malta gained its independence in 1964 and declared itself a republic ten years later. While under British rule, the island staunchly supported the UK through both world wars. Since about the mid-1980s, the island has transformed itself into a freight transshipment point, a financial center, and a tourist destination while its key industries moved toward more service-oriented activities. Malta became an EU member in May 2004 and began using the euro as currency in 2008."
"text": "With a civilization that dates back thousands of years, Malta boasts some of the oldest megalithic sites in the world. Situated in the center of the Mediterranean, Malta&rsquo;s islands have long served as a strategic military asset, with the islands at various times having come under control of the Phoenicians, Carthaginians, Greeks, Romans, Byzantines, Moors, Normans, Sicilians, Spanish, Knights of St. John, and the French. Most recently a British colony (since 1814), Malta gained its independence in 1964 and declared itself a republic ten years later. While under British rule, the island staunchly supported the UK through both world wars. Since about the mid-1980s, the island has transformed itself into a freight transshipment point, a financial center, and a tourist destination while its key industries moved toward more service-oriented activities. Malta became an EU member in May 2004 and began using the euro as currency in 2008."
}
},
"Geography": {
@ -627,7 +627,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Maltas free market economy the smallest economy in the euro-zone relies heavily on trade in both goods and services, principally with Europe. Malta produces less than a quarter of its food needs, has limited fresh water supplies, and has few domestic energy sources. Malta's economy is dependent on foreign trade, manufacturing, and tourism. Malta joined the EU in 2004 and adopted the euro on 1 January 2008.</p><p></p><p>Malta has weathered the euro-zone crisis better than most EU member states due to a low debt-to-GDP ratio and financially sound banking sector. It maintains one of the lowest unemployment rates in Europe, and growth has fully recovered since the 2009 recession. In 2014 through 2016, Malta led the euro zone in growth, expanding more than 4.5% per year.</p><p></p><p>Maltas services sector continues to grow, with sustained growth in the financial services and online gaming sectors. Advantageous tax schemes remained attractive to foreign investors, though EU discussions of anti-tax avoidance measures have raised concerns among Maltas financial services and insurance providers, as the measures could have a significant impact on those sectors. The tourism sector also continued to grow, with 2016 showing record-breaking numbers of both air and cruise passenger arrivals.</p><p></p><p>Maltas GDP growth remains strong and is supported by a strong labor market. The government has implemented new programs, including free childcare, to encourage increased labor participation. The high cost of borrowing and small labor market remain potential constraints to future economic growth. Increasingly, other EU and European migrants are relocating to Malta for employment, though wages have remained low compared to other European countries. Inflation remains low.</p>"
"text": "<p>Maltas free market economy the smallest economy in the euro-zone relies heavily on trade in both goods and services, principally with Europe. Malta produces less than a quarter of its food needs, has limited fresh water supplies, and has few domestic energy sources. Malta's economy is dependent on foreign trade, manufacturing, and tourism. Malta joined the EU in 2004 and adopted the euro on 1 January 2008.</p> <p> </p> <p>Malta has weathered the euro-zone crisis better than most EU member states due to a low debt-to-GDP ratio and financially sound banking sector. It maintains one of the lowest unemployment rates in Europe, and growth has fully recovered since the 2009 recession. In 2014 through 2016, Malta led the euro zone in growth, expanding more than 4.5% per year.</p> <p> </p> <p>Maltas services sector continues to grow, with sustained growth in the financial services and online gaming sectors. Advantageous tax schemes remained attractive to foreign investors, though EU discussions of anti-tax avoidance measures have raised concerns among Maltas financial services and insurance providers, as the measures could have a significant impact on those sectors. The tourism sector also continued to grow, with 2016 showing record-breaking numbers of both air and cruise passenger arrivals.</p> <p> </p> <p>Maltas GDP growth remains strong and is supported by a strong labor market. The government has implemented new programs, including free childcare, to encourage increased labor participation. The high cost of borrowing and small labor market remain potential constraints to future economic growth. Increasingly, other EU and European migrants are relocating to Malta for employment, though wages have remained low compared to other European countries. Inflation remains low.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -962,7 +962,7 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "256,838"
"text": "259,456 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "59 (2020 est.)"
@ -1004,10 +1004,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "213,419 (2021)"
"text": "213,419 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "48.33 (2021)"
"text": "48 (2020 est.)"
}
}
},
@ -1121,7 +1121,7 @@
"stateless persons": {
"text": "11 (mid-year 2021)"
},
"note": "<strong>note:</strong> 8,119 estimated refugee and migrant arrivals by sea (January 2015-December 2021)"
"note": "<strong>note:</strong> 8,120 estimated refugee and migrant arrivals by sea (January 2015-April 2022)"
},
"Illicit drugs": {
"text": "minor transshipment point for hashish from North Africa to Western Europe"

View file

@ -652,7 +652,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>The Netherlands, the sixth-largest economy in the European Union, plays an important role as a European transportation hub, with a consistently high trade surplus, stable industrial relations, and low unemployment. Industry focuses on food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for food-processing and underpins the countrys status as the worlds second largest agricultural exporter.</p><p></p><p>The Netherlands is part of the euro zone, and as such, its monetary policy is controlled by the European Central Bank. The Dutch financial sector is highly concentrated, with four commercial banks possessing over 80% of banking assets, and is four times the size of Dutch GDP.</p><p></p><p>In 2008, during the financial crisis, the government budget deficit hit 5.3% of GDP. Following a protracted recession from 2009 to 2013, during which unemployment doubled to 7.4% and household consumption contracted for four consecutive years, economic growth began inching forward in 2014. Since 2010, Prime Minister Mark RUTTEs government has implemented significant austerity measures to improve public finances and has instituted broad structural reforms in key policy areas, including the labor market, the housing sector, the energy market, and the pension system. In 2017, the government budget returned to a surplus of 0.7% of GDP, with economic growth of 3.2%, and GDP per capita finally surpassed pre-crisis levels. The fiscal policy announced by the new government in the 2018-2021 coalition plans for increases in government consumption and public investment, fueling domestic demand and household consumption and investment. The new governments policy also plans to increase demand for workers in the public and private sector, forecasting a further decline in the unemployment rate, which hit 4.8% in 2017.</p>"
"text": "<p>The Netherlands, the sixth-largest economy in the European Union, plays an important role as a European transportation hub, with a consistently high trade surplus, stable industrial relations, and low unemployment. Industry focuses on food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for food-processing and underpins the countrys status as the worlds second largest agricultural exporter.</p> <p> </p> <p>The Netherlands is part of the euro zone, and as such, its monetary policy is controlled by the European Central Bank. The Dutch financial sector is highly concentrated, with four commercial banks possessing over 80% of banking assets, and is four times the size of Dutch GDP.</p> <p> </p> <p>In 2008, during the financial crisis, the government budget deficit hit 5.3% of GDP. Following a protracted recession from 2009 to 2013, during which unemployment doubled to 7.4% and household consumption contracted for four consecutive years, economic growth began inching forward in 2014. Since 2010, Prime Minister Mark RUTTEs government has implemented significant austerity measures to improve public finances and has instituted broad structural reforms in key policy areas, including the labor market, the housing sector, the energy market, and the pension system. In 2017, the government budget returned to a surplus of 0.7% of GDP, with economic growth of 3.2%, and GDP per capita finally surpassed pre-crisis levels. The fiscal policy announced by the new government in the 2018-2021 coalition plans for increases in government consumption and public investment, fueling domestic demand and household consumption and investment. The new governments policy also plans to increase demand for workers in the public and private sector, forecasting a further decline in the unemployment rate, which hit 4.8% in 2017.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -988,10 +988,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "4.937 million (2020)"
"text": "4.937 million (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "28.81 (2020 est.)"
"text": "29 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1030,10 +1030,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "7,525,016 (2021)"
"text": "7,525,016 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "43.92 (2021)"
"text": "44 (2020 est.)"
}
}
},

View file

@ -634,7 +634,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Norway has a stable economy with a vibrant private sector, a large state sector, and an extensive social safety net. Norway opted out of the EU during a referendum in November 1994. However, as a member of the European Economic Area, Norway partially participates in the EUs single market and contributes sizably to the EU budget.</p><p></p><p>The country is richly endowed with natural resources such as oil and gas, fish, forests, and minerals. Norway is a leading producer and the worlds second largest exporter of seafood, after China. The government manages the countrys petroleum resources through extensive regulation. The petroleum sector provides about 9% of jobs, 12% of GDP, 13% of the states revenue, and 37% of exports, according to official national estimates. Norway is one of the world's leading petroleum exporters, although oil production is close to 50% below its peak in 2000. Gas production, conversely, has more than doubled since 2000. Although oil production is historically low, it rose in 2016 for the third consecutive year due to the higher production of existing oil fields and to new fields coming on stream. Norways domestic electricity production relies almost entirely on hydropower.</p><p></p><p>In anticipation of eventual declines in oil and gas production, Norway saves state revenue from petroleum sector activities in the world's largest sovereign wealth fund, valued at over $1 trillion at the end of 2017. To help balance the federal budget each year, the government follows a \"fiscal rule,\" which states that spending of revenues from petroleum and fund investments shall correspond to the expected real rate of return on the fund, an amount it estimates is sustainable over time. In February 2017, the government revised the expected rate of return for the fund downward from 4% to 3%.</p><p></p><p>After solid GDP growth in the 2004-07 period, the economy slowed in 2008, and contracted in 2009, before returning to modest, positive growth from 2010 to 2017. The Norwegian economy has been adjusting to lower energy prices, as demonstrated by growth in labor force participation and employment in 2017. GDP growth was about 1.5% in 2017, driven largely by domestic demand, which has been boosted by the rebound in the labor market and supportive fiscal policies. Economic growth is expected to remain constant or improve slightly in the next few years.</p>"
"text": "<p>Norway has a stable economy with a vibrant private sector, a large state sector, and an extensive social safety net. Norway opted out of the EU during a referendum in November 1994. However, as a member of the European Economic Area, Norway partially participates in the EUs single market and contributes sizably to the EU budget.</p> <p> </p> <p>The country is richly endowed with natural resources such as oil and gas, fish, forests, and minerals. Norway is a leading producer and the worlds second largest exporter of seafood, after China. The government manages the countrys petroleum resources through extensive regulation. The petroleum sector provides about 9% of jobs, 12% of GDP, 13% of the states revenue, and 37% of exports, according to official national estimates. Norway is one of the world's leading petroleum exporters, although oil production is close to 50% below its peak in 2000. Gas production, conversely, has more than doubled since 2000. Although oil production is historically low, it rose in 2016 for the third consecutive year due to the higher production of existing oil fields and to new fields coming on stream. Norways domestic electricity production relies almost entirely on hydropower.</p> <p> </p> <p>In anticipation of eventual declines in oil and gas production, Norway saves state revenue from petroleum sector activities in the world's largest sovereign wealth fund, valued at over $1 trillion at the end of 2017. To help balance the federal budget each year, the government follows a \"fiscal rule,\" which states that spending of revenues from petroleum and fund investments shall correspond to the expected real rate of return on the fund, an amount it estimates is sustainable over time. In February 2017, the government revised the expected rate of return for the fund downward from 4% to 3%.</p> <p> </p> <p>After solid GDP growth in the 2004-07 period, the economy slowed in 2008, and contracted in 2009, before returning to modest, positive growth from 2010 to 2017. The Norwegian economy has been adjusting to lower energy prices, as demonstrated by growth in labor force participation and employment in 2017. GDP growth was about 1.5% in 2017, driven largely by domestic demand, which has been boosted by the rebound in the labor market and supportive fiscal policies. Economic growth is expected to remain constant or improve slightly in the next few years.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -970,10 +970,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "348,808 (2020)"
"text": "348,808 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "6.43 (2020 est.)"
"text": "6 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1012,10 +1012,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "2,387,661 (2021)"
"text": "2,387,661 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "44.04 (2021)"
"text": "44 (2020 est.)"
}
}
},

View file

@ -1,7 +1,7 @@
{
"Introduction": {
"Background": {
"text": "Poland's history as a state began near the middle of the 10th century. By the mid-16th century, the Polish-Lithuanian Commonwealth ruled a vast tract of land in Central and Eastern Europe. During the 18th century, internal disorders weakened the nation, and in a series of agreements between 1772 and 1795, Russia, Prussia, and Austria partitioned Poland among themselves. Poland regained its independence in 1918 only to be overrun by Germany and the Soviet Union in World War II. It became a Soviet satellite state following the war. Labor turmoil in 1980 led to the formation of the independent trade union \"Solidarity\" that over time became a political force with over 10 million members. Free elections in 1989 and 1990 won Solidarity control of the parliament and the presidency, bringing the communist era to a close. A \"shock therapy\" program during the early 1990s enabled the country to transform its economy into one of the most robust in Central Europe. Poland joined NATO in 1999 and the EU in 2004.&nbsp;"
"text": "Poland's history as a state began near the middle of the 10th century. By the mid-16th century, the Polish-Lithuanian Commonwealth ruled a vast tract of land in Central and Eastern Europe. During the 18th century, internal disorders weakened the nation, and in a series of agreements between 1772 and 1795, Russia, Prussia, and Austria partitioned Poland among themselves. Poland regained its independence in 1918 only to be overrun by Germany and the Soviet Union in World War II. It became a Soviet satellite state following the war. Labor turmoil in 1980 led to the formation of the independent trade union \"Solidarity\" that over time became a political force with over 10 million members. Free elections in 1989 and 1990 won Solidarity control of the parliament and the presidency, bringing the communist era to a close. A \"shock therapy\" program during the early 1990s enabled the country to transform its economy into one of the most robust in Central Europe. Poland joined NATO in 1999 and the EU in 2004."
}
},
"Geography": {
@ -684,7 +684,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Poland has the sixth-largest economy in the EU and has long had a reputation as a business-friendly country with largely sound macroeconomic policies. Since 1990, Poland has pursued a policy of economic liberalization. During the 2008-09 economic slowdown Poland was the only EU country to avoid a recession, in part because of the governments loose fiscal policy combined with a commitment to rein in spending in the medium-term Poland is the largest recipient of EU development funds and their cyclical allocation can significantly impact the rate of economic growth.</p><p></p><p>The Polish economy performed well during the 2014-17 period, with the real GDP growth rate generally exceeding 3%, in part because of increases in government social spending that have helped to accelerate consumer-driven growth. However, since 2015, Poland has implemented new business restrictions and taxes on foreign-dominated economic sectors, including banking and insurance, energy, and healthcare, that have dampened investor sentiment and has increased the governments ownership of some firms. The government reduced the retirement age in 2016 and has had mixed success in introducing new taxes and boosting tax compliance to offset the increased costs of social spending programs and relieve upward pressure on the budget deficit. Some credit ratings agencies estimate that Poland during the next few years is at risk of exceeding the EUs 3%-of-GDP limit on budget deficits, possibly impacting its access to future EU funds. Polands economy is projected to perform well in the next few years in part because of an anticipated cyclical increase in the use of its EU development funds and continued, robust household spending.</p><p></p><p>Poland faces several systemic challenges, which include addressing some of the remaining deficiencies in its road and rail infrastructure, business environment, rigid labor code, commercial court system, government red tape, and burdensome tax system, especially for entrepreneurs. Additional long-term challenges include diversifying Polands energy mix, strengthening investments in innovation, research, and development, as well as stemming the outflow of educated young Poles to other EU member states, especially in light of a coming demographic contraction due to emigration, persistently low fertility rates, and the aging of the Solidarity-era baby boom generation.</p>"
"text": "<p>Poland has the sixth-largest economy in the EU and has long had a reputation as a business-friendly country with largely sound macroeconomic policies. Since 1990, Poland has pursued a policy of economic liberalization. During the 2008-09 economic slowdown Poland was the only EU country to avoid a recession, in part because of the governments loose fiscal policy combined with a commitment to rein in spending in the medium-term Poland is the largest recipient of EU development funds and their cyclical allocation can significantly impact the rate of economic growth.</p> <p> </p> <p>The Polish economy performed well during the 2014-17 period, with the real GDP growth rate generally exceeding 3%, in part because of increases in government social spending that have helped to accelerate consumer-driven growth. However, since 2015, Poland has implemented new business restrictions and taxes on foreign-dominated economic sectors, including banking and insurance, energy, and healthcare, that have dampened investor sentiment and has increased the governments ownership of some firms. The government reduced the retirement age in 2016 and has had mixed success in introducing new taxes and boosting tax compliance to offset the increased costs of social spending programs and relieve upward pressure on the budget deficit. Some credit ratings agencies estimate that Poland during the next few years is at risk of exceeding the EUs 3%-of-GDP limit on budget deficits, possibly impacting its access to future EU funds. Polands economy is projected to perform well in the next few years in part because of an anticipated cyclical increase in the use of its EU development funds and continued, robust household spending.</p> <p> </p> <p>Poland faces several systemic challenges, which include addressing some of the remaining deficiencies in its road and rail infrastructure, business environment, rigid labor code, commercial court system, government red tape, and burdensome tax system, especially for entrepreneurs. Additional long-term challenges include diversifying Polands energy mix, strengthening investments in innovation, research, and development, as well as stemming the outflow of educated young Poles to other EU member states, especially in light of a coming demographic contraction due to emigration, persistently low fertility rates, and the aging of the Solidarity-era baby boom generation.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -1019,10 +1019,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "5,777,428 (2020)"
"text": "5,777,428 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "15.27 (2020 est.)"
"text": "15 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1061,10 +1061,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "8,369,218 (2022)"
"text": "8,369,218 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "22.11 (2022)"
"text": "22 (2020 est.)"
}
}
},
@ -1233,7 +1233,7 @@
},
"Refugees and internally displaced persons": {
"refugees (country of origin)": {
"text": "9,870 (Russia) (2019); 3,234,036 (as of 9 May 2022)"
"text": "9,870 (Russia) (2019); 3,357,984 (as of 15 May 2022)"
},
"stateless persons": {
"text": "1,389 (mid-year 2021)"

View file

@ -650,7 +650,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country joined the Economic and Monetary Union in 1999 and began circulating the euro on 1 January 2002 along with 11 other EU members.</p><p></p><p>The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. After the global financial crisis in 2008, Portugals economy contracted in 2009 and fell into recession from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. Portugal successfully exited its EU-IMF program in May 2014, and its economic recovery gained traction in 2015 because of strong exports and a rebound in private consumption. GDP growth accelerated in 2016, and probably reached 2.5 % in 2017. Unemployment remained high, at 9.7% in 2017, but has improved steadily since peaking at 18% in 2013.</p><p></p><p>The center-left minority Socialist government has unwound some unpopular austerity measures while managing to remain within most EU fiscal targets. The budget deficit fell from 11.2% of GDP in 2010 to 1.8% in 2017, the countrys lowest since democracy was restored in 1974, and surpassing the EU and IMF projections of 3%. Portugal exited the EUs excessive deficit procedure in mid-2017.</p>"
"text": "<p>Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country joined the Economic and Monetary Union in 1999 and began circulating the euro on 1 January 2002 along with 11 other EU members.</p> <p> </p> <p>The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. After the global financial crisis in 2008, Portugals economy contracted in 2009 and fell into recession from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. Portugal successfully exited its EU-IMF program in May 2014, and its economic recovery gained traction in 2015 because of strong exports and a rebound in private consumption. GDP growth accelerated in 2016, and probably reached 2.5 % in 2017. Unemployment remained high, at 9.7% in 2017, but has improved steadily since peaking at 18% in 2013.</p> <p> </p> <p>The center-left minority Socialist government has unwound some unpopular austerity measures while managing to remain within most EU fiscal targets. The budget deficit fell from 11.2% of GDP in 2010 to 1.8% in 2017, the countrys lowest since democracy was restored in 1974, and surpassing the EU and IMF projections of 3%. Portugal exited the EUs excessive deficit procedure in mid-2017.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -985,10 +985,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "5,212,507 (2020)"
"text": "5,212,507 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "51.12 (2020 est.)"
"text": "51 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1027,10 +1027,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "4,160,795 (2021)"
"text": "4,160,795 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "40.81 (2021)"
"text": "41 (2020 est.)"
}
}
},

View file

@ -1,7 +1,7 @@
{
"Introduction": {
"Background": {
"text": "<p>The Kingdom of Serbs, Croats, and Slovenes was formed in 1918; its name was changed to Yugoslavia in 1929. Communist Partisans resisted the Axis occupation and division of Yugoslavia from 1941 to 1945 and fought nationalist opponents and collaborators as well. The military and political movement headed by Josip Broz \"TITO\" (Partisans) took full control of Yugoslavia when their domestic rivals and the occupiers were defeated in 1945. Although communists, TITO and his successors (Tito died in 1980) managed to steer their own path between the Warsaw Pact nations and the West for the next four and a half decades. In 1989, Slobodan MILOSEVIC became president of the Republic of Serbia and his ultranationalist calls for Serbian domination led to the violent breakup of Yugoslavia along ethnic lines. In 1991, Croatia, Slovenia, and Macedonia declared independence, followed by Bosnia in 1992. The remaining republics of Serbia and Montenegro declared a new Federal Republic of Yugoslavia (FRY) in April 1992 and under MILOSEVIC's leadership, Serbia led various military campaigns to unite ethnic Serbs in neighboring republics into a \"Greater Serbia.\" These actions ultimately failed and, after international intervention, led to the signing of the Dayton Peace Accords in 1995.</p> <p>MILOSEVIC retained control over Serbia and eventually became president of the FRY in 1997. In 1998, an ethnic Albanian insurgency in the formerly autonomous Serbian province of Kosovo provoked a Serbian counterinsurgency campaign that resulted in massacres and massive expulsions of ethnic Albanians living in Kosovo. The MILOSEVIC government's rejection of a proposed international settlement led to NATO's bombing of Serbia in the spring of 1999. Serbian military and police forces withdrew from Kosovo in June 1999, and the UN Security Council authorized an interim UN administration and a NATO-led security force in Kosovo. FRY elections in late 2000 led to the ouster of MILOSEVIC and the installation of democratic government. In 2003, the FRY became the State Union of Serbia and Montenegro, a loose federation of the two republics. Widespread violence predominantly targeting ethnic Serbs in Kosovo in March 2004 led to more intense calls to address Kosovo's status, and the UN began facilitating status talks in 2006. In June 2006, Montenegro seceded from the federation and declared itself an independent nation. Serbia subsequently gave notice that it was the successor state to the union of Serbia and Montenegro.</p> <p>In February 2008, after nearly two years of inconclusive negotiations, Kosovo declared itself independent of Serbia - an action Serbia refuses to recognize. At Serbia's request, the UN General Assembly (UNGA) in October 2008 sought an advisory opinion from the International Court of Justice (ICJ) on whether Kosovo's unilateral declaration of independence was in accordance with international law. In a ruling considered unfavorable to Serbia, the ICJ issued an advisory opinion in July 2010 stating that international law did not prohibit declarations of independence. In late 2010, Serbia agreed to an EU-drafted UNGA Resolution acknowledging the ICJ's decision and calling for a new round of talks between Serbia and Kosovo, this time on practical issues rather than Kosovo's status. Serbia and Kosovo signed the first agreement of principles governing the normalization of relations between the two countries in April 2013 and are in the process of implementing its provisions. In 2015, Serbia and Kosovo reached four additional agreements within the EU-led Brussels Dialogue framework. These included agreements on the Community of Serb-Majority Municipalities; telecommunications; energy production and distribution; and freedom of movement. President Aleksandar VUCIC has promoted an ambitious goal of Serbia joining the EU by 2025. Under his leadership as prime minister, in 2014 Serbia opened formal negotiations for accession. </p>"
"text": "<p>The Kingdom of Serbs, Croats, and Slovenes was formed in 1918; its name was changed to Yugoslavia in 1929. Communist Partisans resisted the Axis occupation and division of Yugoslavia from 1941 to 1945 and fought nationalist opponents and collaborators as well. The military and political movement headed by Josip Broz \"TITO\" (Partisans) took full control of Yugoslavia when their domestic rivals and the occupiers were defeated in 1945. Although communists, TITO and his successors (Tito died in 1980) managed to steer their own path between the Warsaw Pact nations and the West for the next four and a half decades. In 1989, Slobodan MILOSEVIC became president of the Republic of Serbia and his ultranationalist calls for Serbian domination led to the violent breakup of Yugoslavia along ethnic lines. In 1991, Croatia, Slovenia, and Macedonia declared independence, followed by Bosnia in 1992. The remaining republics of Serbia and Montenegro declared a new Federal Republic of Yugoslavia (FRY) in April 1992 and under MILOSEVIC's leadership, Serbia led various military campaigns to unite ethnic Serbs in neighboring republics into a \"Greater Serbia.\" These actions ultimately failed and, after international intervention, led to the signing of the Dayton Peace Accords in 1995.</p> <p>MILOSEVIC retained control over Serbia and eventually became president of the FRY in 1997. In 1998, an ethnic Albanian insurgency in the formerly autonomous Serbian province of Kosovo provoked a Serbian counterinsurgency campaign that resulted in massacres and massive expulsions of ethnic Albanians living in Kosovo. The MILOSEVIC government's rejection of a proposed international settlement led to NATO's bombing of Serbia in the spring of 1999. Serbian military and police forces withdrew from Kosovo in June 1999, and the UN Security Council authorized an interim UN administration and a NATO-led security force in Kosovo. FRY elections in late 2000 led to the ouster of MILOSEVIC and the installation of democratic government. In 2003, the FRY became the State Union of Serbia and Montenegro, a loose federation of the two republics. Widespread violence predominantly targeting ethnic Serbs in Kosovo in March 2004 led to more intense calls to address Kosovo's status, and the UN began facilitating status talks in 2006. In June 2006, Montenegro seceded from the federation and declared itself an independent nation. Serbia subsequently gave notice that it was the successor state to the union of Serbia and Montenegro.</p> <p>In February 2008, after nearly two years of inconclusive negotiations, Kosovo declared itself independent of Serbia - an action Serbia refuses to recognize. At Serbia's request, the UN General Assembly (UNGA) in October 2008 sought an advisory opinion from the International Court of Justice (ICJ) on whether Kosovo's unilateral declaration of independence was in accordance with international law. In a ruling considered unfavorable to Serbia, the ICJ issued an advisory opinion in July 2010 stating that international law did not prohibit declarations of independence. In late 2010, Serbia agreed to an EU-drafted UNGA Resolution acknowledging the ICJ's decision and calling for a new round of talks between Serbia and Kosovo, this time on practical issues rather than Kosovo's status. Serbia and Kosovo signed the first agreement of principles governing the normalization of relations between the two countries in April 2013 and are in the process of implementing its provisions. In 2015, Serbia and Kosovo reached four additional agreements within the EU-led Brussels Dialogue framework. These included agreements on the Community of Serb-Majority Municipalities; telecommunications; energy production and distribution; and freedom of movement. President Aleksandar VUCIC has promoted an ambitious goal of Serbia joining the EU by 2025. Under his leadership as prime minister, in 2014 Serbia opened formal negotiations for accession.</p>"
}
},
"Geography": {
@ -683,7 +683,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Serbia has a transitional economy largely dominated by market forces, but the state sector remains significant in certain areas. The economy relies on manufacturing and exports, driven largely by foreign investment. MILOSEVIC-era mismanagement of the economy, an extended period of international economic sanctions, civil war, and the damage to Yugoslavia's infrastructure and industry during the NATO airstrikes in 1999 left the economy worse off than it was in 1990. In 2015, Serbias GDP was 27.5% below where it was in 1989.</p><p></p><p>After former Federal Yugoslav President MILOSEVIC was ousted in September 2000, the Democratic Opposition of Serbia (DOS) coalition government implemented stabilization measures and embarked on a market reform program. Serbia renewed its membership in the IMF in December 2000 and rejoined the World Bank and the European Bank for Reconstruction and Development. Serbia has made progress in trade liberalization and enterprise restructuring and privatization, but many large enterprises - including the power utilities, telecommunications company, natural gas company, and others - remain state-owned. Serbia has made some progress towards EU membership, gaining candidate status in March 2012. In January 2014, Serbia's EU accession talks officially opened and, as of December 2017, Serbia had opened 12 negotiating chapters including one on foreign trade. Serbia's negotiations with the WTO are advanced, with the country's complete ban on the trade and cultivation of agricultural biotechnology products representing the primary remaining obstacle to accession. Serbia maintains a three-year Stand-by Arrangement with the IMF worth approximately $1.3 billion that is scheduled to end in February 2018. The government has shown progress implementing economic reforms, such as fiscal consolidation, privatization, and reducing public spending.</p><p></p><p>Unemployment in Serbia, while relatively low (16% in 2017) compared with its Balkan neighbors, remains significantly above the European average. Serbia is slowly implementing structural economic reforms needed to ensure the country's long-term prosperity. Serbia reduced its budget deficit to 1.7% of GDP and its public debt to 71% of GDP in 2017. Public debt had more than doubled between 2008 and 2015. Serbia's concerns about inflation and exchange-rate stability preclude the use of expansionary monetary policy.</p><p></p><p>Major economic challenges ahead include: stagnant household incomes; the need for private sector job creation; structural reforms of state-owned companies; strategic public sector reforms; and the need for new foreign direct investment. Other serious longer-term challenges include an inefficient judicial system, high levels of corruption, and an aging population. Factors favorable to Serbia's economic growth include the economic reforms it is undergoing as part of its EU accession process and IMF agreement, its strategic location, a relatively inexpensive and skilled labor force, and free trade agreements with the EU, Russia, Turkey, and countries that are members of the Central European Free Trade Agreement.</p>"
"text": "<p>Serbia has a transitional economy largely dominated by market forces, but the state sector remains significant in certain areas. The economy relies on manufacturing and exports, driven largely by foreign investment. MILOSEVIC-era mismanagement of the economy, an extended period of international economic sanctions, civil war, and the damage to Yugoslavia's infrastructure and industry during the NATO airstrikes in 1999 left the economy worse off than it was in 1990. In 2015, Serbias GDP was 27.5% below where it was in 1989.</p> <p> </p> <p>After former Federal Yugoslav President MILOSEVIC was ousted in September 2000, the Democratic Opposition of Serbia (DOS) coalition government implemented stabilization measures and embarked on a market reform program. Serbia renewed its membership in the IMF in December 2000 and rejoined the World Bank and the European Bank for Reconstruction and Development. Serbia has made progress in trade liberalization and enterprise restructuring and privatization, but many large enterprises - including the power utilities, telecommunications company, natural gas company, and others - remain state-owned. Serbia has made some progress towards EU membership, gaining candidate status in March 2012. In January 2014, Serbia's EU accession talks officially opened and, as of December 2017, Serbia had opened 12 negotiating chapters including one on foreign trade. Serbia's negotiations with the WTO are advanced, with the country's complete ban on the trade and cultivation of agricultural biotechnology products representing the primary remaining obstacle to accession. Serbia maintains a three-year Stand-by Arrangement with the IMF worth approximately $1.3 billion that is scheduled to end in February 2018. The government has shown progress implementing economic reforms, such as fiscal consolidation, privatization, and reducing public spending.</p> <p> </p> <p>Unemployment in Serbia, while relatively low (16% in 2017) compared with its Balkan neighbors, remains significantly above the European average. Serbia is slowly implementing structural economic reforms needed to ensure the country's long-term prosperity. Serbia reduced its budget deficit to 1.7% of GDP and its public debt to 71% of GDP in 2017. Public debt had more than doubled between 2008 and 2015. Serbia's concerns about inflation and exchange-rate stability preclude the use of expansionary monetary policy.</p> <p> </p> <p>Major economic challenges ahead include: stagnant household incomes; the need for private sector job creation; structural reforms of state-owned companies; strategic public sector reforms; and the need for new foreign direct investment. Other serious longer-term challenges include an inefficient judicial system, high levels of corruption, and an aging population. Factors favorable to Serbia's economic growth include the economic reforms it is undergoing as part of its EU accession process and IMF agreement, its strategic location, a relatively inexpensive and skilled labor force, and free trade agreements with the EU, Russia, Turkey, and countries that are members of the Central European Free Trade Agreement.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -1015,10 +1015,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "2,572,169 (2020)"
"text": "2,572,254 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "37.43 (2020 est.)"
"text": "37 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1054,10 +1054,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "1,730,496 (2021)"
"text": "1,730,496 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "25.18 (2021)"
"text": "25 (2020 est.)"
}
}
},
@ -1202,7 +1202,7 @@
"stateless persons": {
"text": "2,113 (includes stateless persons in Kosovo) (mid-year 2021)"
},
"note": "<strong>note:</strong> 828,876 estimated refugee and migrant arrivals (January 2015-April 2022); Serbia is predominantly a transit country and hosts an estimated 4,650 migrants and asylum seekers as of February 2022"
"note": "<strong>note:</strong> 830,610 estimated refugee and migrant arrivals (January 2015-May 2022); Serbia is predominantly a transit country and hosts an estimated 4,650 migrants and asylum seekers as of February 2022"
},
"Illicit drugs": {
"text": "<p>drug trafficking groups are major players in the procurement and transportation of of large quantities of cocaine  destined for  European markets</p>"

View file

@ -662,7 +662,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Romania, which joined the EU on 1 January 2007, began the transition from communism in 1989 with a largely obsolete industrial base and a pattern of output unsuited to the country's needs. Romania's macroeconomic gains have only recently started to spur creation of a middle class and to address Romania's widespread poverty. Corruption and red tape continue to permeate the business environment.</p><p></p><p>In the aftermath of the global financial crisis, Romania signed a $26 billion emergency assistance package from the IMF, the EU, and other international lenders, but GDP contracted until 2011. In March 2011, Romania and the IMF/EU/World Bank signed a 24-month precautionary standby agreement, worth $6.6 billion, to promote fiscal discipline, encourage progress on structural reforms, and strengthen financial sector stability; no funds were drawn. In September 2013, Romanian authorities and the IMF/EU agreed to a follow-on standby agreement, worth $5.4 billion, to continue with reforms. This agreement expired in September 2015, and no funds were drawn. Progress on structural reforms has been uneven, and the economy still is vulnerable to external shocks.</p><p></p><p>Economic growth rebounded in the 2013-17 period, driven by strong industrial exports, excellent agricultural harvests, and, more recently, expansionary fiscal policies in 2016-2017 that nearly quadrupled Bucharests annual fiscal deficit, from +0.8% of GDP in 2015 to -3% of GDP in 2016 and an estimated -3.4% in 2017. Industry outperformed other sectors of the economy in 2017. Exports remained an engine of economic growth, led by trade with the EU, which accounts for roughly 70% of Romania trade. Domestic demand was the major driver, due to tax cuts and large wage increases that began last year and are set to continue in 2018.</p><p></p><p>An aging population, emigration of skilled labor, significant tax evasion, insufficient health care, and an aggressive loosening of the fiscal package compromise Romanias long-term growth and economic stability and are the economy's top vulnerabilities.</p>"
"text": "<p>Romania, which joined the EU on 1 January 2007, began the transition from communism in 1989 with a largely obsolete industrial base and a pattern of output unsuited to the country's needs. Romania's macroeconomic gains have only recently started to spur creation of a middle class and to address Romania's widespread poverty. Corruption and red tape continue to permeate the business environment.</p> <p> </p> <p>In the aftermath of the global financial crisis, Romania signed a $26 billion emergency assistance package from the IMF, the EU, and other international lenders, but GDP contracted until 2011. In March 2011, Romania and the IMF/EU/World Bank signed a 24-month precautionary standby agreement, worth $6.6 billion, to promote fiscal discipline, encourage progress on structural reforms, and strengthen financial sector stability; no funds were drawn. In September 2013, Romanian authorities and the IMF/EU agreed to a follow-on standby agreement, worth $5.4 billion, to continue with reforms. This agreement expired in September 2015, and no funds were drawn. Progress on structural reforms has been uneven, and the economy still is vulnerable to external shocks.</p> <p> </p> <p>Economic growth rebounded in the 2013-17 period, driven by strong industrial exports, excellent agricultural harvests, and, more recently, expansionary fiscal policies in 2016-2017 that nearly quadrupled Bucharests annual fiscal deficit, from +0.8% of GDP in 2015 to -3% of GDP in 2016 and an estimated -3.4% in 2017. Industry outperformed other sectors of the economy in 2017. Exports remained an engine of economic growth, led by trade with the EU, which accounts for roughly 70% of Romania trade. Domestic demand was the major driver, due to tax cuts and large wage increases that began last year and are set to continue in 2018.</p> <p> </p> <p>An aging population, emigration of skilled labor, significant tax evasion, insufficient health care, and an aggressive loosening of the fiscal package compromise Romanias long-term growth and economic stability and are the economy's top vulnerabilities.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -997,10 +997,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "3.025 million (2020)"
"text": "3.025 million (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "15.72 (2020 est.)"
"text": "16 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1039,10 +1039,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "5,684,782 (2021)"
"text": "5,684,782 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "29.55 (2021)"
"text": "30 (2020 est.)"
}
}
},
@ -1197,7 +1197,7 @@
},
"Refugees and internally displaced persons": {
"refugees (country of origin)": {
"text": "883,655 (Ukraine) (as of 9 May 2022)"
"text": "919,574 (Ukraine) (as of 15 May 2022)"
},
"stateless persons": {
"text": "314 (mid-year 2021)"

View file

@ -976,10 +976,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "704,909 (2020)"
"text": "704,909 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "33.91 (2020 est.)"
"text": "34 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1018,10 +1018,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "651,604 (2021)"
"text": "651,604 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "31.34 (2021)"
"text": "31 (2020 est.)"
}
}
},
@ -1158,7 +1158,7 @@
"stateless persons": {
"text": "10 (2020)"
},
"note": "<strong>note:  </strong>537,923 estimated refugee and migrant arrivals (January 2015-March 2022)"
"note": "<strong>note:  </strong>538,973 estimated refugee and migrant arrivals (January 2015-April 2022)"
},
"Illicit drugs": {
"text": "minor transit point for cocaine and Southwest Asian heroin bound for Western Europe, and for precursor chemicals"

View file

@ -575,7 +575,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>San Marino's economy relies heavily on tourism, banking, and the manufacture and export of ceramics, clothing, fabrics, furniture, paints, spirits, tiles, and wine. The manufacturing and financial sectors account for more than half of San Marino's GDP. The per capita level of output and standard of living are comparable to those of the most prosperous regions of Italy.</p><p></p><p>San Marino's economy contracted considerably in the years since 2008, largely due to weakened demand from Italy - which accounts for nearly 90% of its export market - and financial sector consolidation. Difficulties in the banking sector, the global economic downturn, and the sizable decline in tax revenues all contributed to negative real GDP growth. The government adopted measures to counter the downturn, including subsidized credit to businesses and is seeking to shift its growth model away from a reliance on bank and tax secrecy. San Marino does not issue public debt securities; when necessary, it finances deficits by drawing down central bank deposits.</p><p></p><p>The economy benefits from foreign investment due to its relatively low corporate taxes and low taxes on interest earnings. The income tax rate is also very low, about one-third the average EU level. San Marino continues to work towards harmonizing its fiscal laws with EU and international standards. In September 2009, the OECD removed San Marino from its list of tax havens that have yet to fully adopt global tax standards, and in 2010 San Marino signed Tax Information Exchange Agreements with most major countries. In 2013, the San Marino Government signed a Double Taxation Agreement with Italy, but a referendum on EU membership failed to reach the quorum needed to bring it to a vote.</p>"
"text": "<p>San Marino's economy relies heavily on tourism, banking, and the manufacture and export of ceramics, clothing, fabrics, furniture, paints, spirits, tiles, and wine. The manufacturing and financial sectors account for more than half of San Marino's GDP. The per capita level of output and standard of living are comparable to those of the most prosperous regions of Italy.</p> <p> </p> <p>San Marino's economy contracted considerably in the years since 2008, largely due to weakened demand from Italy - which accounts for nearly 90% of its export market - and financial sector consolidation. Difficulties in the banking sector, the global economic downturn, and the sizable decline in tax revenues all contributed to negative real GDP growth. The government adopted measures to counter the downturn, including subsidized credit to businesses and is seeking to shift its growth model away from a reliance on bank and tax secrecy. San Marino does not issue public debt securities; when necessary, it finances deficits by drawing down central bank deposits.</p> <p> </p> <p>The economy benefits from foreign investment due to its relatively low corporate taxes and low taxes on interest earnings. The income tax rate is also very low, about one-third the average EU level. San Marino continues to work towards harmonizing its fiscal laws with EU and international standards. In September 2009, the OECD removed San Marino from its list of tax havens that have yet to fully adopt global tax standards, and in 2010 San Marino signed Tax Information Exchange Agreements with most major countries. In 2013, the San Marino Government signed a Double Taxation Agreement with Italy, but a referendum on EU membership failed to reach the quorum needed to bring it to a vote.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2019": {
@ -814,10 +814,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "16,000 (2019)"
"text": "16,000 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "47.25 (2019 est.)"
"text": "47 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -856,10 +856,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "11,000 (2021)"
"text": "11,000 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "32.42 (2021)"
"text": "32 (2020 est.)"
}
}
},

View file

@ -675,7 +675,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>After a prolonged recession that began in 2008 in the wake of the global financial crisis, Spain marked the fourth full year of positive economic growth in 2017, with economic activity surpassing its pre-crisis peak, largely because of increased private consumption. The financial crisis of 2008 broke 16 consecutive years of economic growth for Spain, leading to an economic contraction that lasted until late 2013. In that year, the government successfully shored up its struggling banking sector - heavily exposed to the collapse of Spains real estate boom - with the help of an EU-funded restructuring and recapitalization program.</p><p></p><p>Until 2014, contraction in bank lending, fiscal austerity, and high unemployment constrained domestic consumption and investment. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, but labor reforms prompted a modest reduction to 16.4% in 2017. High unemployment strained Spain's public finances, as spending on social benefits increased while tax revenues fell. Spains budget deficit peaked at 11.4% of GDP in 2010, but Spain gradually reduced the deficit to about 3.3% of GDP in 2017. Public debt has increased substantially from 60.1% of GDP in 2010 to nearly 96.7% in 2017.</p><p></p><p>Strong export growth helped bring Spain's current account into surplus in 2013 for the first time since 1986 and sustain Spains economic growth. Increasing labor productivity and an internal devaluation resulting from moderating labor costs and lower inflation have improved Spains export competitiveness and generated foreign investor interest in the economy, restoring FDI flows.</p><p></p><p>In 2017, the Spanish Governments minority status constrained its ability to implement controversial labor, pension, health care, tax, and education reforms. The European Commission expects the government to meet its 2017 budget deficit target and anticipates that expected economic growth in 2018 will help the government meet its deficit target. Spains borrowing costs are dramatically lower since their peak in mid-2012, and increased economic activity has generated a modest level of inflation, at 2% in 2017.</p>"
"text": "<p>After a prolonged recession that began in 2008 in the wake of the global financial crisis, Spain marked the fourth full year of positive economic growth in 2017, with economic activity surpassing its pre-crisis peak, largely because of increased private consumption. The financial crisis of 2008 broke 16 consecutive years of economic growth for Spain, leading to an economic contraction that lasted until late 2013. In that year, the government successfully shored up its struggling banking sector - heavily exposed to the collapse of Spains real estate boom - with the help of an EU-funded restructuring and recapitalization program.</p> <p> </p> <p>Until 2014, contraction in bank lending, fiscal austerity, and high unemployment constrained domestic consumption and investment. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, but labor reforms prompted a modest reduction to 16.4% in 2017. High unemployment strained Spain's public finances, as spending on social benefits increased while tax revenues fell. Spains budget deficit peaked at 11.4% of GDP in 2010, but Spain gradually reduced the deficit to about 3.3% of GDP in 2017. Public debt has increased substantially from 60.1% of GDP in 2010 to nearly 96.7% in 2017.</p> <p> </p> <p>Strong export growth helped bring Spain's current account into surplus in 2013 for the first time since 1986 and sustain Spains economic growth. Increasing labor productivity and an internal devaluation resulting from moderating labor costs and lower inflation have improved Spains export competitiveness and generated foreign investor interest in the economy, restoring FDI flows.</p> <p> </p> <p>In 2017, the Spanish Governments minority status constrained its ability to implement controversial labor, pension, health care, tax, and education reforms. The European Commission expects the government to meet its 2017 budget deficit target and anticipates that expected economic growth in 2018 will help the government meet its deficit target. Spains borrowing costs are dramatically lower since their peak in mid-2012, and increased economic activity has generated a modest level of inflation, at 2% in 2017.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -1009,10 +1009,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "19,455,779 (2020)"
"text": "19,455,658 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "41.61 (2020 est.)"
"text": "42 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1051,10 +1051,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "16,188,502 (2021)"
"text": "16,188,502 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "34.62 (2021)"
"text": "35 (2020 est.)"
}
}
},
@ -1224,7 +1224,7 @@
"stateless persons": {
"text": "6,.92 (mid-year 2021)"
},
"note": "<strong>note: </strong>257,630 estimated refugee and migrant arrivals, including Canary Islands (January 2015-April 2022)"
"note": "<strong>note: </strong>258,339 estimated refugee and migrant arrivals, including Canary Islands (January 2015-May 2022)"
},
"Illicit drugs": {
"text": "primary transit point in Europe for cocaine from South America and for hashish from Morocco; cocaine is shipped in raw or liquid form with mixed cargo to avoid detection; traffickers ship methamphetamine via express mail; increasing number of indoor cannabis grow operations; illegal labs cutting, mixing, and reconstituting cocaine, and heroin and methamphetamine labs; synthetic drugs, including ketamine and MDMA (ecstasy) transit from Spain to the United States"

View file

@ -343,7 +343,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Coal mining, tourism, and international research are Svalbard's major industries. Coal mining has historically been the dominant economic activity, and the Spitzbergen Treaty of 9 February 1920 gives the 45 countries that so far have ratified the treaty equal rights to exploit mineral deposits, subject to Norwegian regulation. Although US, UK, Dutch, and Swedish coal companies have mined in the past, the only companies still engaging in this are Norwegian and Russian. Low coal prices have forced the Norwegian coal company, Store Norske Spitsbergen Kulkompani, to close one of its two mines and to considerably reduce the activity of the other. Since the 1990s, the tourism and hospitality industry has grown rapidly, and Svalbard now receives 60,000 visitors annually.</p><p></p><p>The settlements on Svalbard were established as company towns, and at their height in the 1950s, the Norwegian state-owned coal company supported nearly 1,000 jobs. Today, only about 300 people work in the mining industry.</p><p></p><p>Goods such as alcohol, tobacco, and vehicles, normally highly taxed on mainland Norway, are considerably cheaper in Svalbard in an effort by the Norwegian Government to entice more people to live on the Arctic archipelago. By law, Norway collects only enough taxes to pay for the needs of the local government; none of tax proceeds go to the central government.</p>"
"text": "<p>Coal mining, tourism, and international research are Svalbard's major industries. Coal mining has historically been the dominant economic activity, and the Spitzbergen Treaty of 9 February 1920 gives the 45 countries that so far have ratified the treaty equal rights to exploit mineral deposits, subject to Norwegian regulation. Although US, UK, Dutch, and Swedish coal companies have mined in the past, the only companies still engaging in this are Norwegian and Russian. Low coal prices have forced the Norwegian coal company, Store Norske Spitsbergen Kulkompani, to close one of its two mines and to considerably reduce the activity of the other. Since the 1990s, the tourism and hospitality industry has grown rapidly, and Svalbard now receives 60,000 visitors annually.</p> <p> </p> <p>The settlements on Svalbard were established as company towns, and at their height in the 1950s, the Norwegian state-owned coal company supported nearly 1,000 jobs. Today, only about 300 people work in the mining industry.</p> <p> </p> <p>Goods such as alcohol, tobacco, and vehicles, normally highly taxed on mainland Norway, are considerably cheaper in Svalbard in an effort by the Norwegian Government to entice more people to live on the Arctic archipelago. By law, Norway collects only enough taxes to pay for the needs of the local government; none of tax proceeds go to the central government.</p>"
},
"Real GDP growth rate": {
"text": "<p>NA</p>"

View file

@ -972,10 +972,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "1,624,271 (2020)"
"text": "1,478,610 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "16.08 (2020 est.)"
"text": "15 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1014,10 +1014,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "4,179,574 (2021)"
"text": "4,179,574 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "41.38 (2021)"
"text": "41 (2020 est.)"
}
}
},

View file

@ -649,7 +649,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>Switzerland, a country that espouses neutrality, is a prosperous and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies.</p><p></p><p>The Swiss have brought their economic practices largely into conformity with the EU's to gain access to the Unions Single Market and enhance the countrys international competitiveness. Some trade protectionism remains, however, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled demand for Swiss exports and put Switzerland into a recession. During this period, the Swiss National Bank (SNB) implemented a zero-interest rate policy to boost the economy, as well as to prevent appreciation of the franc, and Switzerland's economy began to recover in 2010.</p><p></p><p>The sovereign debt crises unfolding in neighboring euro-zone countries, however, coupled with economic instability in Russia and other Eastern European economies drove up demand for the Swiss franc by investors seeking a safehaven currency. In January 2015, the SNB abandoned the Swiss francs peg to the euro, roiling global currency markets and making active SNB intervention a necessary hallmark of present-day Swiss monetary policy. The independent SNB has upheld its zero interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year from 2011 through 2017.</p><p></p><p>In recent years, Switzerland has responded to increasing pressure from neighboring countries and trading partners to reform its banking secrecy laws, by agreeing to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The Swiss Government has also renegotiated its double taxation agreements with numerous countries, including the US, to incorporate OECD standards.</p>"
"text": "<p>Switzerland, a country that espouses neutrality, is a prosperous and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies.</p> <p> </p> <p>The Swiss have brought their economic practices largely into conformity with the EU's to gain access to the Unions Single Market and enhance the countrys international competitiveness. Some trade protectionism remains, however, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled demand for Swiss exports and put Switzerland into a recession. During this period, the Swiss National Bank (SNB) implemented a zero-interest rate policy to boost the economy, as well as to prevent appreciation of the franc, and Switzerland's economy began to recover in 2010.</p> <p> </p> <p>The sovereign debt crises unfolding in neighboring euro-zone countries, however, coupled with economic instability in Russia and other Eastern European economies drove up demand for the Swiss franc by investors seeking a safehaven currency. In January 2015, the SNB abandoned the Swiss francs peg to the euro, roiling global currency markets and making active SNB intervention a necessary hallmark of present-day Swiss monetary policy. The independent SNB has upheld its zero interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year from 2011 through 2017.</p> <p> </p> <p>In recent years, Switzerland has responded to increasing pressure from neighboring countries and trading partners to reform its banking secrecy laws, by agreeing to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The Swiss Government has also renegotiated its double taxation agreements with numerous countries, including the US, to incorporate OECD standards.</p>"
},
"Real GDP (purchasing power parity)": {
"Real GDP (purchasing power parity) 2020": {
@ -986,10 +986,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "2.952 million (2020)"
"text": "3,071,296 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "34.11 (2020 est.)"
"text": "35 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1028,10 +1028,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "4,028,238 (2021)"
"text": "4,028,238 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "46.54 (2021)"
"text": "47 (2020 est.)"
}
}
},

View file

@ -985,10 +985,10 @@
"Communications": {
"Telephones - fixed lines": {
"total subscriptions": {
"text": "32.078 million (2020)"
"text": "32.037 million (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "47.25 (2020 est.)"
"text": "47 (2020 est.)"
}
},
"Telephones - mobile cellular": {
@ -1027,10 +1027,10 @@
},
"Broadband - fixed subscriptions": {
"total": {
"text": "27,330,297 (2021)"
"text": "27,330,297 (2020 est.)"
},
"subscriptions per 100 inhabitants": {
"text": "40.26 (2021)"
"text": "40 (2020 est.)"
}
},
"Communications - note": {

File diff suppressed because one or more lines are too long

View file

@ -428,7 +428,7 @@
},
"Economy": {
"Economic overview": {
"text": "<p>The Holy See is supported financially by a variety of sources, including investments, real estate income, and donations from Catholic individuals, dioceses, and institutions; these help fund the Roman Curia (Vatican bureaucracy), diplomatic missions, and media outlets. Moreover, an annual collection taken up in dioceses and from direct donations go to a non-budgetary fund, known as Peter's Pence, which is used directly by the pope for charity, disaster relief, and aid to churches in developing nations.</p><p></p><p>The separate Vatican City State budget includes the Vatican museums and post office and is supported financially by the sale of stamps, coins, medals, and tourist mementos as well as fees for admission to museums and publication sales. Revenues increased between 2010 and 2011 because of expanded operating hours and a growing number of visitors. However, the Holy See did not escape the financial difficulties experienced by other European countries; in 2012, it started a spending review to determine where to cut costs to reverse its 2011 budget deficit of $20 million. The Holy See generated a modest surplus in 2012 before recording a $32 million deficit in 2013, driven primarily by the decreasing value of gold. The incomes and living standards of lay workers are comparable to those of counterparts who work in the city of Rome so most public expenditures go to wages and other personnel costs;. In February 2014, Pope FRANCIS created the Secretariat of the Economy to oversee financial and administrative operations of the Holy See, part of a broader campaign to reform the Holy Sees finances.</p>"
"text": "<p>The Holy See is supported financially by a variety of sources, including investments, real estate income, and donations from Catholic individuals, dioceses, and institutions; these help fund the Roman Curia (Vatican bureaucracy), diplomatic missions, and media outlets. Moreover, an annual collection taken up in dioceses and from direct donations go to a non-budgetary fund, known as Peter's Pence, which is used directly by the pope for charity, disaster relief, and aid to churches in developing nations.</p> <p> </p> <p>The separate Vatican City State budget includes the Vatican museums and post office and is supported financially by the sale of stamps, coins, medals, and tourist mementos as well as fees for admission to museums and publication sales. Revenues increased between 2010 and 2011 because of expanded operating hours and a growing number of visitors. However, the Holy See did not escape the financial difficulties experienced by other European countries; in 2012, it started a spending review to determine where to cut costs to reverse its 2011 budget deficit of $20 million. The Holy See generated a modest surplus in 2012 before recording a $32 million deficit in 2013, driven primarily by the decreasing value of gold. The incomes and living standards of lay workers are comparable to those of counterparts who work in the city of Rome so most public expenditures go to wages and other personnel costs;. In February 2014, Pope FRANCIS created the Secretariat of the Economy to oversee financial and administrative operations of the Holy See, part of a broader campaign to reform the Holy Sees finances.</p>"
},
"Real GDP (purchasing power parity)": {
"text": "<p>NA</p>"