Economic Geography

Economy of Lithuania

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Lithuania takes the 16th place on ease of doing business list (World Bank). GDP estimate • Total €42 bil. (2017, nominal) $96 bil. (2018, PPP) • Per capita €14,800 / $19,930 (2018, nominal) $34,033 (2018, PPP) GDP Growth: 3.9% (2017-Q2) Average gross salary €895($2,000, PPP), monthly (Q1 2018) Average net salary €700($1,560, PPP), monthly (Q1 […]

Economic Geography

Economy of Latvia

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According to Numbeo’s cost of living survey, Latvia takes the 52nd place and 19th on ease of doing business list (World Bank). GDP nominal – 2018 estimate • Total $30.176 billion • Per capita $18,472 GDP (PPP) – 2018 estimate • Total $53.467 billion • Per capita $29,489 GDP Growth: 4.5% 2017 (CSB) Average gross […]

Economic Geography

Economy of Iceland

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According to Numbeo’s cost of living survey, which takes into account the price of around 50 items like accommodation, food, drink, clothing, mobile phone bills, taxi fares, leisure activities, utility, Iceland is the 5th most expensive country in the world. On Forbes list it is 26th best country for business and 23rd on ease of […]

Economics

About financial markets

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Markets where people trade assets such as equities, bonds, currencies and derivatives. Types Capital markets which consist of: 1)Stock markets, which provide financing through the issuance of shares or common stock, and enable the subsequent trading thereof. 2)Bond markets, which provide financing through the issuance of bonds, and enable the subsequent trading thereof. -Commodity markets, […]