Portal:Business/Selected economy/1

The United States has a highly developed diversified market-oriented economy. It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). As of 2025, it has the world's ninth-highest nominal GDP per capita and eleventh-highest GDP per capita by PPP. According to the World Bank, the U.S. accounted for 14.8% of the global aggregate GDP in 2024 in purchasing power parity terms and 26.2% in nominal terms. The U.S. dollar is the currency most used in international transactions and the world's foremost reserve currency, backed by a large U.S. treasuries market, its role as the reference standard for the petrodollar system, and its linked eurodollar. Since the end of World War II, the economy has achieved relatively steady growth, low unemployment and inflation, and rapid advances in technology, but now faces challenges such as a very high debt-to-GDP ratio at over 120% of GDP, slower economic growth, and a housing crisis. (Full article...)

Portal:Business/Selected economy/2

Iran has a mixed, centrally planned economy with a large public sector.^{[needs update]} It consists of hydrocarbon, agricultural and service sectors, in addition to manufacturing and financial services, with over 40 industries traded on the Tehran Stock Exchange. With 10% of the world's proven oil reserves and 15% of its gas reserves, Iran is considered an "energy superpower". Nevertheless, since 2024 Iran has been suffering from an energy crisis, and a wider economic crisis, which has led to massive protests erupting in late 2025. (Full article...)

Portal:Business/Selected economy/3

The economy of Ohio nominally would be the 20th largest global economy (behind Turkey and ahead of Switzerland) according to The World Bank as of 2022. The state had a GDP of $822.67 billion in 2022, which is 3.23% of the United States total, ranking 7th in the nation behind Pennsylvania and ahead of Georgia. (Full article...)

Portal:Business/Selected economy/4

The economy of Hong Kong is a highly developed free-market economy. It is characterised by low taxation, almost free port trade and a well-established international financial market. Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, and is pegged to the US dollar. Interest rates are determined by the individual banks in Hong Kong to ensure that they are market driven. There is no officially recognised central banking system, although the Hong Kong Monetary Authority functions as a financial regulatory authority.

Its economy is governed under positive non-interventionism, and is highly dependent on international trade and finance. For this reason it is regarded as among the most favorable places to start a company. A study showed that Hong Kong went from 998 registered start-ups in 2014 to over 2800 in 2018, with eCommerce (22%), Fintech (12%), Software (12%) and Advertising (11%) companies comprising the majority. The Economic Freedom of the World Index lists Hong Kong as the freest economy, with a score of 8.58 based on data from 2022. (Full article...)

Portal:Business/Selected economy/5

The economy of Singapore is a highly developed mixed market economy with dirigiste characteristics. Singapore's economy has been consistently ranked as the most open, competitive and pro-business in the world. It is also the 3rd least corrupt in the world. Singapore has low tax-rates and the highest per-capita GDP in the world in terms of purchasing power parity (PPP). The Asia-Pacific Economic Cooperation (APEC) is headquartered in Singapore.

Alongside the business-friendly reputation for global and local privately held companies and public companies, various national state-owned enterprises play a substantial role in Singapore's economy. The sovereign wealth fund Temasek Holdings holds majority stakes in several of the nation's largest bellwether companies, such as Singapore Airlines, Singtel, ST Engineering and Mediacorp. With regard to foreign direct investment (FDI), the Singaporean economy is a major FDI outflow-financier in the world. In addition, throughout its history, Singapore has benefited from the large inward flows of FDI from global investors, financial institutions and multinational corporations (MNCs) due to its highly attractive investment climate along with a stable and conducive political environment throughout its modern years. (Full article...)

Portal:Business/Selected economy/6 È

The economy of the European Union is the joint economy of the member states of the European Union (EU). It is the second largest economy in the world in nominal terms, after the United States, and the third largest at purchasing power parity (PPP), after China and the US. The European Union's GDP is estimated to be $22.52 trillion (nominal) or $30.18 trillion (PPP) in 2026, representing around one-sixth of the global economy. Germany, France, Italy and Spain are the four largest economies in the European Union, accounting for 23.7%, 15.8%, 12.0%, and 9.1% of GDP, respectively. In 2024, the social welfare expenditure of the European Union (EU) as a whole was 27.3% of its GDP. (Full article...)

Portal:Business/Selected economy/7

The economy of Ireland is a highly developed knowledge economy, focused on services in high-tech, life sciences, financial services and agribusiness, including agrifood. Ireland is an open economy (3rd on the Index of Economic Freedom), and ranks first for high-value foreign direct investment (FDI) flows. In the global GDP per capita tables, Ireland ranks 2nd of 192 in the IMF table and 4th of 187 in the World Bank ranking.

Social expenditure stood at roughly 13.4% of GDP in 2024. Following a period of continuous growth at an annual level from 1984 to 2007, the post-2008 Irish economic downturn severely affected the economy, compounding domestic economic problems related to the collapse of the Irish property bubble. Ireland first experienced a short technical recession from Q2-Q3 2007, followed by a recession from Q1 2008 – Q4 2009. (Full article...)

Portal:Business/Selected economy/8

The economy of Libya depends primarily on revenues from the petroleum sector, which represents over 95% of export earnings and 60% of GDP. These oil revenues and a small population have given Libya one of the highest nominal per capita GDP in Africa.

After 2000, Libya recorded favorable growth rates with an estimated 10.6% growth of GDP in 2010. This development was interrupted by the Libyan Civil War, which resulted in contraction of the economy by 62.1% in 2011. After the war, the economy rebounded by 104.5% in 2012. It crashed again following the Second Libyan Civil War. As of 2024, Libya's per capita PPP GDP stands at only 65% of its pre-war level in 2010. (Full article...)

Portal:Business/Selected economy/9

The economy of India is a developing mixed economy with a notable public sector in strategic sectors. It is the world's fourth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 136th by nominal GDP and 119th by PPP-adjusted GDP. From independence in 1947 until 1991, successive promoted protectionist economic policies, with extensive state intervention, demand-side economics, natural resources, bureaucrat-driven enterprises and economic regulation. The end of the Cold War and an acute balance of payments crisis in 1991 led to the adoption of a broad economic liberalisation in India and indicative planning. India has about 1,900 public sector companies, with the Indian state having complete control and ownership of railways. While the Indian government retains ownership through the National Highways Authority of India (NHAI), a large share of new national highway projects are now built and maintained under Public–private partnership (PPP) models rather than being fully government‑funded. The government plays a major role in sectors like supercomputing, space and shipping but private participation is growing, especially in space, telecom, and satellite communications. (Full article...)

Portal:Business/Selected economy/10

} The economy of Ghana is a developing, free-market economy. It ranks 79th by gross domestic product; nominally, and it ranks 68th by purchasing power parity.

The Ghanaian domestic economy in 2012 revolved around services, which accounted for 50% of GDP and employed 28% of the work force. Besides the industrialization associated with minerals and oil, industrial development in Ghana remains basic, often associated with plastics (such as chairs, plastic bags, razors, and pens). 53.6% of Ghana's workforce were employed in agriculture in 2013.^{[outdated statistic]} (Full article...)

Portal:Business/Selected economy/11

The economy of Cape Verde is a service-oriented economy that is focused on commerce, trade, transport and public services. Cape Verde is a small archipelagic nation that lacks resources and has experienced severe droughts. Agriculture is made difficult by lack of rain and is restricted to only four islands for most of the year. Cape Verde's economy has been steadily growing since the late 1990s, and it is now officially considered a country of average development, being only the second African country to have achieved such transition, after Botswana in 1994. Cape Verde has significant cooperation with Portugal at every level of the economy, which has led it to link its currency (the Cape Verdean escudo) first to the Portuguese escudo and, in 1999, to the euro. (Full article...)

Portal:Business/Selected economy/12

Brazil has a diversified developing economy. It is the largest in Latin America and the Southern Hemisphere in nominal terms. As of 2024, the Brazilian economy is the third largest in the Americas in nominal terms, and second largest in purchasing power parity. It is an upper-middle income developing economy. In 2024, according to International Monetary Fund (IMF), Brazil had the 10th largest nominal gross domestic product in the world, but the 7th largest purchasing power parity GDP in the world. In 2024, according to Forbes, Brazil was the 7th largest country in the world by number of billionaires. Brazil is one of the ten chief industrial states in the world according to International Labour Organization. According to the International Monetary Fund (IMF), Brazil's nominal GDP was US$2.331 trillion; the country has a long history of being among the largest economies in the world and the GDP per capita was US$11,178 per capita.

The country is rich in natural resources. From 2000 to 2012, Brazil was one of the fastest-growing major economies in the world, with an average annual GDP growth rate of over 5%. Its GDP surpassed that of the United Kingdom in 2012, temporarily making Brazil the world's sixth-largest economy. However, Brazil's economic growth decelerated in 2013 and the country entered a recession in 2014. The economy started to recover in 2017, with a 1% growth in the first quarter, followed by a 0.3% growth in the second quarter compared to the same period of the previous year. It officially exited the recession. According to data released on 3 March 2026 by the Brazilian Institute of Geography and Statistics (IBGE), Brazil’s economy grew by 3.4% in 2024 and 2.3% in 2025, indicating robust growth in the last two years. In the fourth quarter of 2025, gross domestic product (GDP) increased by 0.1% compared with the third quarter, when it had also recorded growth of 0.1%, reflecting relative stability in quarterly performance. (Full article...)

Portal:Business/Selected economy/13

Macau has a highly developed market economy, which has remained one of the most open in the world since its handover to China in 1999. Apparel exports and gambling-related tourism are mainstays of the economy. Since Macau has little arable land and few natural resources, it depends on mainland China for most of its food, fresh water, and energy imports. Japan and Hong Kong are the main suppliers of raw materials and capital goods. Although Macau was hit hard by the 1997–98 Asian financial crisis and the early 2000s recession, its economy grew approximately 13.1% annually on average between 2001 and 2006. Macau is a full Member of the World Trade Organization. Public security has greatly improved after handover to the People's Republic of China. With the tax revenue from the profitable gambling industry, the Macau government is able to introduce the social welfare program of 15 years of free education to all Macau citizens. In 2015, Macau's economy saw a sharp decrease (-26.4% year-on-year in Q2 2015) due to the reduced spending by visitors from mainland China since the Anti-corruption campaign under Xi Jinping. (Full article...)

Portal:Business/Selected economy/14

Mexico has a developing mixed economy. It is the 13th largest in the world in nominal GDP terms and by purchasing power parity as of 2024. Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals. Mexico was not significantly influenced by the 2002 South American crisis and maintained positive, although low, rates of growth after a brief period of stagnation in 2001. However, Mexico was one of the Latin American nations most affected by the 2008 recession, with its gross domestic product contracting by more than 6% that year. Mexico has the lowest social expenditure among OECD countries, roughly 7.5% of GDP. (Full article...)

Portal:Business/Selected economy/15

The People's Republic of China (PRC) has a developing socialist market economy, incorporating industrial policies and strategic five-year plans. China has the world's second-largest economy by nominal GDP and since 2016 has been the world's largest economy when measured by purchasing power parity (PPP). China accounted for 19% of the global economy in 2025 in PPP terms, and around 17% in nominal terms in 2025. The economy consists of state-owned enterprises (SOEs) and mixed-ownership enterprises, as well as a large domestic private sector which contribute approximately 60% of the GDP, 80% of urban employment and 90% of new jobs. (Full article...)

Portal:Business/Selected economy/16

The economy of Myanmar is the seventh largest in Southeast Asia. After the return of civilian rule in 2011, the new government launched large-scale reforms, focused initially on the political system to restore peace and achieve national unity and moving quickly to an economic and social reform program. Current economic statistics were a huge decline from the economic statistics of Myanmar in the fiscal year of 2020, in which Myanmar's nominal GDP was $81.26 billion and its purchasing power adjusted GDP was $312.49 billion. Myanmar has faced an economic crisis since the 2021 coup d'état. According to the International Monetary Fund (IMF), Myanmar's GDP per capita in 2024 was $1,110. (Full article...)

Portal:Business/Selected economy/17

The economy of Pakistan is classified as a developing economy. It it the world's 26th-largest economy by gross domestic product (GDP) based on purchasing power parity (PPP) and the 41st largest in terms of nominal GDP. As of 2025, Pakistan has a population of approximately 255.3 million. In terms of per capita income, the country ranks 161st by GDP (nominal) and 142nd by GDP (PPP) according to the International Monetary Fund (IMF). (Full article...)

Portal:Business/Selected economy/18

The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. As of 2019, approximately 1.3 billion people were living in 54 countries in Africa. Africa is a resource-rich continent. Recent growth has been due to growth in sales, commodities, services, and manufacturing. West Africa, East Africa, Central Africa and Southern Africa in particular, are expected to reach a combined GDP of $29 trillion by 2050.

In March 2013, Africa was identified as the world's poorest inhabited continent; however, the World Bank expects that most African countries will reach "middle income" status (defined as at least US$1,025 per person a year) by 2025 if current growth rates continue. There are a number of reasons for Africa's poor economy: historically, even though Africa had a number of empires trading with many parts of the world, many people lived in rural societies; in addition, European colonization and the later Cold War created political, economic and social instability. (Full article...)

Portal:Business/Selected economy/19

Zimbabwe has a $44 billion dollar informal economy in PPP terms which translates to 64.1% of the total economy. Agriculture and mining largely contribute to exports. The economy is estimated to be at $73 billion at the end of 2023.

The country has reserves of metallurgical-grade chromite. Other commercial mineral deposits include coal, diamonds, lithium, asbestos, copper, nickel, gold, platinum and iron ore. (Full article...)

Portal:Business/Selected economy/20

The economy of Bhutan is based on agriculture and forestry, which provide the main livelihood for more than 60% of the population. Agriculture consists largely of subsistence farming and animal husbandry. Rugged mountains dominate the terrain and make the building of roads and other infrastructure difficult. Bhutan is among the richest by gross domestic product (nominal) per capita in South Asia, at $3,491 as of 2022, but it still places 153rd, and among the poorest in the world. The total gross domestic product is only $2.898 billion, and 178th according to IMF.

Bhutan's economy is closely aligned with India's through strong trade and monetary links and dependence on India's financial assistance. Most production in the industrial sector is of the cottage industry type. Most development projects, such as road construction, rely on Indian migrant labour. Model education, social, and environment programmes are underway with support from multilateral development organisations. (Full article...)

Portal:Business/Selected economy/21

The economy of Iraq is dominated by the oil sector. The IFAD has classified Iraq as an oil-rich upper middle income country. In 2025, the economy is estimated to be at $690 billion (GDP PPP). making it as the fifth largest economy in the Arab world, seventh largest in the Middle East and North Africa and world's 51st largest. It is one of the top five Arab countries with gold reserves and 30th globally. (Full article...)

Portal:Business/Selected economy/22

The economy of South America comprises approximately 434 million people living in the 12 sovereign states and three dependent territories of South America, which encompasses 6 percent of the world's population. In 2025, South America ranks fourth in terms of nominal GDP by continent, behind Europe and after Africa and Oceania.

South America has two major trade blocks: Mercosur and the Andean Community. Brazil is the largest economy in South America in terms of Nominal GDP, it has a vast and diverse economic landscape encompassing agriculture, manufacturing, services, and natural resources. Due to Brazil's major economy, it has a large influence over its neighbors, and even globally. Argentina which is South America's second largest economy, boasts a rich history of industrialization and a well-developed agricultural sector. Despite economic challenges and very high inflation, Argentina uses its abundant natural resources and skilled workforce to drive economic growth and innovation. Together, Brazil and Argentina serve as economic powerhouses and as such, are major influences to surrounding countries. Uruguay stands out as it boasts the highest GDP per capita in the region. Renowned for its stable political environment, strong social welfare system, and diversified economy, Uruguay has consistently ranked among the top nations in terms of human development and standard of living. Uruguay has a large agriculture sector and has made previous strategic investments in technology and innovation, Uruguay's economy thrives on both domestic consumption and international trade. Guyana ranks second which is attributed to its oil and gas sector. (Full article...)

Portal:Business/Selected economy/23

The economy of Asia comprises about 4.7 billion people (60% of the world population) living in 50 different nations.0 Asia is the fastest growing economic region, as well as the largest continental economy by both nominal GDP and PPP-adjusted GDP.

As in all world regions, the wealth of Asia differs widely between, and within, states. This is due to its vast size, meaning a huge range of different cultures, environments, historical ties and government systems. The largest economies in Asia in terms of PPP gross domestic product (GDP) are China, India, Japan, Indonesia, Turkey, South Korea, Egypt, Saudi Arabia and Taiwan. In terms of nominal gross domestic product (GDP), they are China, India, Japan, South Korea, Turkey, Indonesia, Saudi Arabia, Taiwan, Israel and Singapore. (Full article...)

Portal:Business/Selected economy/24

The economy of East Asia comprises 1.6 billion people (20% of the world population) living in six different countries and regions. The region includes several of the world's largest and most prosperous economies: Taiwan, Japan, South Korea, China, Hong Kong, and Macau. It is home to some of the most economically dynamic places in the world, being the site of some of the world's most extended modern economic booms, including the Taiwan miracle (1950–present) in Taiwan, Miracle on the Han River (1974–present) in South Korea, Japanese economic miracle (1950–1990) and the Chinese economic miracle (1983–2010) in China.

East Asia's economic prominence has grown significantly in recent years, increasing its importance and influence in Asia and the world economy. Recent developments have led to an expanding cosmopolitan middle class. East Asian countries are vital contributors to central global communications and trade networks, developing relations with other nations, including those of the Western world, making them a significant contributor to the global economy. The region's economic success was referred to as "An East Asian Renaissance" by the World Bank in 2007. (Full article...)

Portal:Business/Selected economy/25

The economy of Iceland is a highly developed mixed market economy. In 2011, the gross domestic product (GDP) was US$12 billion. By 2018, it had increased to a nominal GDP of US$27 billion, and by 2025, it reached US$35 billion. As of 2025, it has the fifth highest nominal GDP per capita ($91,000) and fourteenth highest GDP per capita by PPP ($81,000). In 2025 Iceland topped the Human Development Index.

Iceland has a mixed economy with high levels of free trade and government intervention. However, government consumption is lower compared to other Nordic countries. 100% of Iceland's electrical grid is produced from renewable sources. Geothermal and Hydropower are the primary sources of energy in Iceland. (Full article...)