The most productive countries in the world, ranked
How do we judge which countries are the most economically productive? Economists use metrics such as gross domestic product (GDP) and gross national income (GNI), which measure the monetary value of all of the goods and services of any type created by a country (GDP) or its people (GNI). GDP is typically measured in US dollars (US$) or international dollars (INT$), which measure output. To measure efficiency, GDP needs to be divided by the number of people in a country, to determine a country's output per person. It's important to bear in mind when considering the figures that some places have a head start. For example, Luxembourg, Singapore, Bermuda, Switzerland, and the Cayman Islands are all among the world's leading tax havens. So, intrigued? Click on to learn which countries are the most productive in the world.
2024-04-19T07:24:45Z
The least free countries in the world
The amount of freedom experienced in a given country is not approached the same way across the globe. The Cato Institute in Washington, D.C. and the Fraser Institute in Vancouver, Canada, co-publish the annual Human Freedom Index Report, which observes the relationship between freedom and other social and economic phenomena. Personal freedom might be described as our ability to voice our opinion, equality experienced before the courts, and the ease of travel to/from a country. Economic freedom is the ability of people in that country to do well, without the need for government assistance or an economic authority. To calculate the final Human Freedom score, personal freedom and economic freedom are measured and combined, then compared to the scores of other countries. The nations in this gallery scored the lowest on the Human Freedom score, compared to countries in the rest of the world. Click on to discover which countries made this regrettable 'top' 30.
2024-03-21T07:07:12Z