The banking, steel, and manufacturing industries are the backbone of Luxembourg’s economy. The GDP in Luxembourg is so high that its citizens are the wealthiest in the world (CIA 2018 est.). Even though Luxembourg is described as the “Green Heart …
The social market economy that dominates Germany is one of the most sophisticated in the world. It has the fifth-largest economy in the world and the fourth-largest by nominal GDP (PPP). In 2017, the country was responsible for 28% of …
Although agriculture plays a considerable role in the economy, industry and services make up the bulk of Liechtenstein’s GDP (especially general services, including tourism and information technology). The Swiss franc is used as legal tender and imports are tax-free because …
Monaco’s main sources of income come from the banking and tourist industries. To many, the warm weather and casinos in Monaco, a French principality on the Mediterranean, sum up the perfect vacation. Monaco Economy In Europe 2023 [Facts & History] …
You may wonder which country is the poorest in the western hemisphere currently, based on our research and various statistics that are made available according to the International Monetary Fund (IMF), the poorest country in the Western hemisphere currently and …