Top 10 Fastest Growing Economies in 2012

1.China:

Regarding the growth forecasts, china’s GDP is predicted to reach to $7.209 trillion and a growth rate of 9.52%. China’s economy will carry on to grow robustly and would remain the fastest growing economy.

2. Sri Lanka:

According to Gareth Leather, Asia economist at capital economist, it is expected that Sri Lankan economy would grow to an 8% in 2012, making it the fastest growing economy in emerging Asia after China.

3.India:

‘India has an advantage of size. The scope of growth and excess capacity present in terms of resources would drive growth in the future’ said Madan Sabnavis, chief economist at care. The GDP of India is forecasted to increase a 7.82% from 2011, at $1.858 trillion. India too is looking ahead to an upbeat year in 2012.

4.Haiti:

$9.21 billion being the GDP forecast in the year 2012 and a GDP growth of 8.8%, Haiti is anticipated to be one of the fastest growing economies of the world for the upcoming year.

5.Timor Leste:

Timor Leste has a GDP forecast  in 2012 of  $0.807 billion and the GDP growth to be 8.63 %. This makes it to be the fastest growing economies in 2012 as well.

6.Qatar:

It has experienced a rapid economic growth over the last few years due to higher oil prices. Oil and gas have made Qatar one of the highest per capita income countries. Its natural gas reserves are around 26 trillion cubic meters which makes up about 14% of the total worlds natural gas and the third largest in the world.

7.Ethiopia:

Although it has been amongst the poorest countries in Africa, it is expected to grow economically in the following year. Having a GDP forecast of $32.3 billion and the GDP growth of 8.02% it is there in the list

8.Angola:

Situated in the not-so-economically well off  Africa, Angola is also anticipated to be an emergent economy in the year proceeding. The GDP is forecast of $1.32 billion and GDP growth of 10.49%. Angola is dependent upon oil for over 90% for its export income and so the increasing output volume is set to hype up the economy by 12.8% this year.

9.Mozambique:

As he announced the national budget, Aiuba cuereneia, the minister of planning and development, said ‘ We expect a significant increase of 27.5% to come from the mining sector, while the manufacturing industry will grow by  3.6%’. Coal exports are predicted to rise by 22% to approximately $2.3 billion, as the budget forecasts. The GDP forecast in 2012 is $12.9 billion. And the overall GDP growth would be 7.5 per cent.

10.Iraq:

With a GDP forecast in 2012 of $128.094 billion and an overall GDP growth of 10.568% Iraq is predicted to be in the list of the fastest booming economies,

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Top 10 Poorest Countries in The World – 2012

01: Zimbabwe

Zimbabwe, located in the southern part of Africa, is officially declared to be the poorest nation in the world, with a very low GDP/capita of $200. Its economy endures many hardships; hyperinflation, unemployment, corruption and poverty. The public sector being the dominating one, Zimbabwe has a mixed economy. Based on 2008 estimations, it has an inflation rate of 14.9%. Even though the nation is quite nature gifted with gold, chromite, asbestos, coal, copper, gold, nickel, platinum, the collapsing political, economic and social conditions have led to poverty, large scale migration and unemployment.

02: Chad

Located as a landlocked country in Africa, Chad is principally agriculture-centric with and underdeveloped industrial sector .The political instability of the country is its prime reason for a weak economy. The GDP (purchasing power parity) in the year 2012 is approximately US$19.6 billion. It also is one of the most corrupt countries in the world. Crude oil has become the predominant source of export earnings, since 2003.With around 80% of the population living under the poverty line, Chad is enrolled in the list of the world’s poorest countries and is considered as an abortive state by the Fund for Peace.

03: Burundi


Burundi is the part of the world’s 5 most poorest countries. It has a $400 GDP per capita. Burundi has a low GDP chiefly because of civil wars, poor access to education, high corruption rate, the consequences of HIV/AIDS, the lack of economic activity, poor legal system and its landlocked geography. With a considerable amount of emigration, the nation is densely populated. 80% of its population lives in poverty. Most remarkably in the 20th century, famines and droughts have struck Burundi. According to the World Food Programme 56.8% of its children under the age of five suffer from chronic malnutrition. Therefore, Burundi mainly depends on foreign aid.

04: Liberia

Liberia is a very poor country and has a GDP/capita of $500 only. Presently Liberia is recuperating from the persistent effects of the civil war and related economic disruption, with around 85% of its population living below the international poverty line. On average, 10 years of education is acquired by the children and so the country’s education sector is in held back by insufficient schools and colleges lacking the provision of qualified teachers too. With improper infrastructure, health and care and several other facilities Liberia comes in the world’s poorest countries’ list too.

5.Guinea Bissau:

Guinea Bissau,  a country situated in west Africa with an estimated population of 1,600,000 has a GDP/capita of $600; one of the lowest in the world. Its human development index is also one of the lowest in the world. More than 65% of the population lives below the poverty line. Due to a prolonged economic instability; microeconomic imbalances have been enhanced and have weakened social conditions as well. The economy depends majorly upon agriculture. Cashew nuts, fish and ground nuts are its highlighted exports, yet is to be counted among the poorest countries of the world.

6: Somalia:

Somalia is one of the most dangerous countries of the world. Due to a two year state of war and inefficiency of the government it has maintained an unstable and informal economy, majorly based on remittance companies, livestock and telecommunications. Therefore,  takes the number 6th spot for the poorest country in the world with a GDP/capita of $600.

7: Central African Republic

The central African republic being the landlocked country in Africa is included in the world’s poorest countries’ list. Subsistence agriculture and farming remains the moral fiber of the country. Diamond and timber industries have contributed to the export earnings to a certain extent (40% and 16% respectively). GDP/capita of Central African Republic is $700 and the annual GDP growth rate is just above 3%.

08: Eritrea:

Eritrea is a country in ‘the horn of Africa’. Like many other economies of Africa, Eritrea’s economy is also based on subsistence agriculture; 80% of its population is occupied in farming and herding, yet producing a small share of the total output. Its GDP/ capita is $700 (2010 approx.), 50% of its population is below the poverty line. The inflation rate is 20%(2010 approx.). The Eritrean budgets depict revenues of $463.4 million whereas the expenditures touched up to $920.1 million(2009 approx.).The nation faces many health, educational, environmental, challenges too. However, its forthcoming development depends upon its aptitude of improving the social problems such as unemployment, illiteracy etc, therefore, its ranked as one of the poorest countries.

09. Niger:

The GDP/capita being $700, Niger is a developing country with most of its land dominated by Sahara desert. Due to the lower education level, desert terrain, poverty of its people, deficient infrastructure, substandard health and care facilities and numerous other reason, it becomes one of the poorest countries of the world.

10. Sierra Leone:

Although Sierra Leone is among the top 10 diamond producing nations of the world (being the basic source of economic earning), one of the world’s largest producers of gold, bauxite and titanium; 81.5% of its population is presently living in poverty.53.4% are living on at least $1.25 per day and 52.3% are deprived of safe drinking water. With this Sierra Leone is listed amongst the poorest countries around the globe.

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Top 10 Richest Countries in the World 2012 (GDP)

1. United States Of America

U.S.A even now grips the label of the major and principal financial system with its concluding earnings based on Gross Domestic Product of $15,497.321 trillion Dollars. U.S.A’s typical GDP expansion documented is 4.01 percent due to the reason that identical to China; America market oriented too and its focal point is on business and personal liaison to every individual of its economy inspite of the unemployment ratio that it faced during the past few years

2. China

China is the 2nd principal financial system on the planet that pursues the America. China’s annual GDP growth is 2.26 % earning $7,743.144 trillion. China’s strong economy is due to the reason that it focuses on multi-national trade, the citizens of china are marketplace leaning and main business of china is its export.

3. Japan

Japan is well-known for its aggressiveness in the global economy market having an upper hand in multi-national operation. In reality, Japan has time after time continued its position on the highest 5 wealthiest nations from the 1960s in spite of the tsunami and earthquake that hit the nation in 2011 that claimed majority of its property as well as the lives of many of its citizens. Japan is number 3rd on our list of countdown to Top 10 Richest Countries in the World for 2012 with USD $6,124.899 trillion with 0.53 % average GDP growth. Japan is number 2 on our list of countdown to Top 10 Richest Countries in the World for 2012.

4. Germany

Germany is number one when it comes to economic expansion. Germany’s main focal point is exportation which is 1/3 on the total national product and growth. Germany has produced a sum of USD $3,706.970 trillion at the same time as feat an average of GDP 0.31%.

5. France

France is believed to be the 2nd biggest economic strength in Europe due to France’s focus on various industrial support and new age industrialized nations. Achieving USD $2,889.708 trillion booked at the end of year 2011, it has attained 0.31% Gross Domestic Product growth by the end of 2011. France has come back in 2010 although it faced recession in 2008 and 2009

6. Brazil

Brazil had a closed nominal GDP of 0.80 % earning USD $2,617.987 trillion before the end of 2011. This earning comes directly from their service segment, mining, manufacturing products and farming harvest. In reality, Italy has been the largest economy in the South American nation.

7. United Kingdom

U.K has an average nominal GDP escalation of 0.58% earning USD $2,603.880 trillion at the end of 2011.

8. Italy

Italy has broadened its horizons for its industrial and road and rail network developments. Due to this progress, it has a nominal GDP of USD $2,287.704 trillion and with the review of the World Bank, the IMF, and the Central Investigation Authority, Italy has developed into the 4th major economy in Europe. It is one of the members of G8 Consortium.

9. Russia

Russia is number 9th with and earnings of $ 2,117.236 trillion. Actually, Russia had started to review and present its economic expansion map initially at 2007, up until the year 2020. Russia achieved a GDP of 6.7% every year and for this reason, it has been realized that the plan has been polished up. The objective comprises of industrialized expansion and other deliverable features in financial segment.

10. India

Its present up-to-date development according to GDP is USD $2.012.760.000 Million and this has been anticipated by the economist when 2011 started. In point of fact, by means of the assessment, there is an     8.2 % progress before 2010 finished. Some of the additive aspects of its accomplishment are business purchases, personal consumptions, farming results, and its input service groups

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Top 10 World’s Richest Countries in 2012 (Per Capita)

1- Qatar:

Average income per capita: 88,222 dollars a year, it’s located east of the Arabian Peninsula in Southwest Asia, bordering the Persian Gulf, its capital isDoha, and has a population of 1.8 million people.

  2- Luxembourg: 

Average income per capita: 81,466 dollars a year, is located in Western Europe between Germany, France, Belgium,with a population of 502 thousand people.

  3- Singapore:

Average income per capita: 56,694 dollars a year, is located on an island in South East Asia, Singapore as its capital, the population is 4.9 million people.

 4- Norway:

Average income per capita: 51,959 dollars a year, located in northern Europe and occupies the western part of the Scandinavian Peninsula, its capital is Oslo and has a population of 4.9 million people.

5- Brunei:

Average income per capita: 48,333 dollars a year, is located on the northern coast of the island of Borneo in Southeast Asia, its capital is  Bandar Seri Pkawan, and has a population of 388 thousand people.

  6- United Arab Emirates:

Average income per capita: 47,439 dollars a year, is located east of the Arabian Peninsula in Southwest Asia, bordering the Persian Gulf, Abu Dhabi as its capital and a population of 8.2 million people.

 7- The United States:

Average income per capita: 46,860 dollars a year, a federal republic comprising fifty states and is located in North America, its capital isWashington DC and has a population of 313 million.

8- Hong Kong:

Average income per capita: 45,944 dollars a year, is one of the administrative regions of China, located in East Asia with a population of 7 million people.

 9- Switzerland:

Average income per capita: 41,950 dollars a year, a federal republic located in Central Europe, with its capital Bern and a population of 7.7 million.

 10- The Netherlands: 

Average income per capita: 40,973 dollars a year, located in western Europe, bordering the North Sea, with its capital Amsterdam and a population of 16 million people.

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Top 10 Dangerous Cities In The World

1. Baghdad (Iraq)

Baghdad is a city of Iraq which is the richest oil containing country. This city was in peace but due to the interference of external forces. The city has lost his peace. Every day number of bomb blasts are taking the life of innocent people. Hundred of people are killed in one Suicide blast. These sudden blasts minimized the survival condition of life of local people here. Now Bughdad is in blood and has become the world’s most dangerous city.

2. Mogadishu ( Somalia)

Mogadishu due to beginning of civil war in 1991 has lost his central government command and has a poor economic conditions. The people are living below the poverty line and  a number of terrorist activities is performing by the terrorist on daily basis.  The place has become the dangerous place where no any law is working.

3. Kinshasa (Congo)

This is the African city and known as the one of the dangerous city in the world. You will find a number of pick-pocketing and theft stories here. The poor economic conditions continue to foster crimes here. This place is also famous for crimes against children in Armed Conflict. In Kinshasa the life of  poor is nothing and  rich is living like a king. Drug Mafia is the main problem for these crimes in this city.

4. Ciudad Juarez (Mexico)

The Mexican city Giudad Juarez is famous all around the world for the presence of drug dealers and countless stories about gangland killings here. A number of drug mafia is working here. The criminal gangs here are involved in extortion and kidnapping. These all collectively decrease the safety of people here. This city has become the dangerous city of the world.

5. Cape Town ( South Africa)

Cape Town is a beautiful place and is the one of travel destination. But increase in crime rate has a big question of security for the tourists. In couple of years the robberies has given a big threat to the local people. House breaking is common here. The sexually abuse activities are being rising up. These all have turned this city a dangerous one.

6. Rio de Janeiro (Brazil)

Rio de Janerio a busy city of Brazil is suffering with number of crimes. These criminal activities are boost up in the summer season because of increasing of tourist activities here. The tourist are warned by the local government to not wear Jewell and not taking too much money with them. This all can cause a threat for them. The street crimes has also increased here. This city is one of the dangerous city in the world.

7. Bogota (Colombia)

Bogota the city of Colombia has a bad repute in the world due to the presence of drug mafia dealers. The drug dealing is high in this city. The kidnapping rates are behind it. This is a tourist place. But it is not safe for them. The kidnappers has the target of these tourists. Another problem here is the violence. To live a comfortable life here is not possible. It is included in the list of top 10 dangerous cities in the world.

8. Grozny (Chechnya)

Chechnya is a Islamic country which was declared independent in 1991. It is the capital city of Chechnya.But till now Russian troops are continuing their military campaign here. Number of rebels are here. The attacks on military is common which causes the lot deaths including civilians. The city is also facing the problems in term of gangs, drug mafia and terrorist activities. The people of Grozny is trying their best to protect themselves but all their efforts are not yet make them able to live a peaceful life.

9. Karachi (Pakistan)

Karachi is the city of Pakistan is the most populated city. this is a beautiful place to visit. This city has lost its peace. Criminal activities like kidnapping, murder and target killing has become a part of daily life. People are living under threat. People of Karachi are also facing the problem like car hijacking, robberies and mobile snatching and bomb blasts. These all made this city the world’s most dangerous city.

10. Caracas (Venezuela)

Caracas is the city of Venezuela that is famous for its theft activities. How much security you take you will not be able to escape yourself from these activities. The car theft rate is so high. The thieves has the ability to steel your car in the presence of safety measure that you have taken for your car.This city also has the world’s highest murder rates. The murder figure has reached up to 130 per 100,000 people. Due to all these the Caracas has become the  dangerous city in the world.

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