Author : EconomyWatch Content

 According to the 2009 statistics, the total volume of Zambia’s exports stood at $4.388 billion, while import came in at $4.131 billion. During the socialist regime, the country experienced...

Despite drawing the maximum GDP from the service sector, Zambia also hosts a well developed industrial sector. Employing just 6% of the work force, Zambia’s industry sectors contribute 31.3%...

 The industrial sector is the mainstay of Zambia's economic structure. The country has experienced rapid growth in the recent years, maintaining the real GDP growth at 6% per year...

Although an agricultural economy, Uganda’s industry sector contributes reasonably well to the country’s GDP. With 5% of the work force involved in this sector, it contributes 25.1% to the...

 The growth of Somalia industry sectors has been weak due to the civil strife in the nation, which has also left the nation without a central governing authority. Lack...

Somaliais located in Eastern Africa, bordering the Indian Ocean and the Gulf of Aden. With a total area of 637,657 sq km, Sudan has a flat terrain, with some hills...

Somalia’s trade balance has been negative almost perpetually, since the nation has scarce agricultural and mineral resources. Besides, Somalian agriculture, which accounts for about 65% of the nation’s GDP,...

Venezuela, once predominantly an agricultural economy, is known for its bountiful petroleum wealth. The nation went through significant economic turmoil during the 1980’s, when the Venezuelan petroleum industry suffered...

 Venezuela’s economic structure has undergone a significant change since Hugo Chavez’s government came into power in 1999. President Chavez has announced the nationalization of several industries in the nation...

 Zimbabwe’s Economic Structure posted reasonably positive numbers during the 1980s, averaging 5% GDP growth per year and 4.3% through the 1990s. However, initiatives taken by the government to create...