It may be an emerging market, but Turkish economy is significant in the world’s economy. When ranked, it places 13th worldwide according to PPP GDP. Turkey is also a leading producer of construction materials from the mining sector, consumer electronics, transport equipment and textiles. There has been a lot of focus on Turkey in recent […]

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Russia’s economy contracted by 0.2% through the four quarters of 2016. In the first three-quarters, there was a consistent -0.4% growth in GDP, before it was offset somewhat by the fourth quarter’s 0.3% growth. The country’s economy has been in a recession for almost a decade, with declining GDP growth even in 2009 when oil […]

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As the second largest in Latin America, the Mexico economy is worth looking at. Past performance of the Mexico economy GDP growth slowed in 2016 compared to the previous year, 2.3% down from 2.6% annual GDP growth. According to eFXto.com, the country’s economy has been plagued by increasing inflation and decreasing income from oil exports, […]

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The fiscal year in Iran begins on the 21st day of March every year after Nowruz. With that in mind, we shall be referring to the months between the 21st days of March and June as the first fiscal quarter and so on. Although considered primarily for its oil and natural gas reserves, the Iran […]

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When looking at Asia’s economic growth, it’s more common to focus on China and perhaps Japan, but lately, the Indonesia economy has become very interesting. As the largest economy in southeast Asia, it is also the 10th largest economy in terms of purchasing power parity (PPP) worldwide according to World Bank. Past performance of Indonesia […]

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Being the second largest economy in the world, the Chinese economy has a huge impact on the global economy. As an example, most stocks and indices around the world decreased in early 2016 due to China’s economic slowdown. Now that we’re almost a third of the way into 2017, it is high time we looked […]

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Brazil is South America’s largest country, but it has been one of the worst-performing economies in the region of late. Now, the current president is hoping he can turn this around and return Brazil back to its former glory through reform. Past performance of the Brazilian economy The Brazilian economy has been spiraling downwards for […]

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