Sunday, January 26, 2020

Successful Countries


Team Spirit is required in Sports, Companies, Economies and Nations in order to win and survive. “A house divided cannot stand” – A Lincoln, 1858.

Switzerland has team spirit. Switzerland’s voters have continued to be well-informed and their government complies with voter’s wishes. They sat out World War I and World War II and didn’t join the EU.

With their small population of 9 million and land area of 15,940 square miles, they have grown their GDP to $715.4 billion and rank 9th of 47 European countries. They rank 3rd in Europe in Per Capita GDP with $84.665 and rank 20th among all countries in Nominal GDP.

Country          $GDP    $ Per Cap 2010  2019   Population
Switzerland    $715.4B      $74,908     $84,665       9M

GDP by sector is agriculture 0.7%, industry 25.6%, services 73.7%, 

Labor force by occupation is agriculture 3.3%, industry 19.8%, services 76.9%. Population is 9 million. Labor Force is 5 million.

Inflation is 1%. Employment is 83%. Unemployment is 4.3%. Youth unemployment is 6.8%.

Main Industries include machinery, chemicals, watches, textiles, precision instruments, banking, insurance, pharmaceuticals and tourism. Ease of doing business rank is 36th.

Exports $310.5B in 2018.
Gems, precious metals: US$81.5 billion (26.2% of total exports)
Pharmaceuticals: $75.2 billion (24.2%)
Machinery including computers: $24.9 billion (8%)
Clocks, watches including parts: $21.6 billion (7%)
Organic chemicals: $20.8 billion (6.7%)
Optical, technical, medical apparatus: $17.3 billion (5.6%)
Electrical machinery, equipment: $12.8 billion (4.1%)
Plastics, plastic articles: $5.6 billion (1.8%)
Perfumes, cosmetics: $3.7 billion (1.2%)
Articles of iron or steel: $3.1 billion (1%)

45.9% of Swiss exports by value in 2018 were delivered to fellow European countries while 35.1% were sold to Asian importers. Switzerland shipped another 14.9% to North America.

Imports 209.6 billion
Gems, precious metals: US$86.6 billion (31% of total imports)
Pharmaceuticals: $30 billion (10.7%)
Machinery including computers: $20.1 billion (7.2%)
Vehicles: $15.5 billion (5.6%)
Electrical machinery, equipment: $14.9 billion (5.3%)
Organic chemicals: $12.9 billion (4.6%)
Mineral fuels including oil: $9.7 billion (3.5%)
Optical, technical, medical apparatus: $8.3 billion (3%)
Plastics, plastic articles: $7 billion (2.5%)
Furniture, bedding, lighting, signs, prefab buildings: $4.6 billion (1.7%).

63.1% of Switzerland’s total imports by value in 2018 were purchased from fellow European countries. Asian trade partners supplied 20.7% of imports bought by Switzerland while 8.8% worth originated from North America.

In 2018 Government Debt to GDP is 27.6%. Revenue was $48B Spending was $35.7B.

Israel has grit.  They have been bombed by their Arab neighbors continually since 1948. They have suicidal compassion. Despite this, Israel increased its Nominal Per Capita GDP by 35% from 2010 to 2019. Israel continues to grow their Nominal GDP by 3% to 4% per year.

Country          $GDP    $ Per Cap 2010  2019   Population
Israel               $387.7B         $30,654      $41,377      9M

With a population of 9 million and a land area of 8,522 square miles, Israel is the 5th largest economy in the Middle East with a Nominal GDP of $387.7 billion.

GDP by sector is agriculture 2.3%, industry 26.6%, services 69.5%. Labor Force is 4.2 million. Labor Force by Occupation is agriculture 1.1%, industry 17.3%, services 81.6%.

Inflation is 0.8%, Unemployment is 3.4%. Employment is 60.6%.

Main industries include aviation, communications, telecommunications equipment, computer hardware and software, fiber optics, aerospace, military equipment, medical devices, scientific instruments, pharmaceuticals, metallurgy, chemical products, plastics, petroleum refining, textiles, potash, phosphates, diamond cutting and financial services.  Ease of doing business 35th.

Exports $61 billion. Imports $66 billion

Exports sold to US 28.8%, UK 8.2%, Hong Kong 7%, China 5.4%, Belgium 4.5%.

Imports bought from US 1137%, China 9.5%, Switzerland 8%, Germany 6.8%, UK 6.2%, Belgium 5.9%, Netherlands 4.2%, Turkey 4.2%, Italy 4%.

Government Debt to GDP 59.8%. Revenues $92.8B. Spending $102.1B.

Norb Leahy, Dunwoody GA Tea Party Leader

No comments: