Economic stability is a critical factor that contributes to a country’s prosperity and overall well-being. These ten nations have demonstrated excellent financial systems, sustainable growth, and high standards of living:
- Switzerland (GDP: $395 billion)
- Switzerland tops the chart as the most economically stable nation.
- Nominal (current) Gross Domestic Product (GDP) of Switzerland is $807,706,000,000 (USD) as of 2022.
- Real GDP (constant, inflation adjusted) of Switzerland reached $718,132,000,000 in 2022.
- GDP Growth Rate in 2022 was 2.06%, representing a change of 15,654,000,000 US$ over 2021, when Real GDP was $760,153,000,000.
- GDP per Capita in Switzerland (with a population of 8,740,472 people) was $88,760 in 2022, an increase of $1,300 from $87,460 in 2021; this represents a change of 1.5% in GDP per capita.
Switzerland GDP (Nominal, $USD) 2003-20221996199620002000200220022004200420062006200820082010201020122012201420142016201620182018202020202…2…250,000,000,000250,000,000,000500,000,000,000500,000,000,000750,000,000,000750,000,000,000Switzerland GDPSwitzerland GDP2001Switzerland GDP:286,580,000,000
Date Switzerland GDP 1993 272,234,000,000 1994 301,377,000,000 1995 352,845,000,000 1996 340,101,000,000 1997 294,786,000,000 1998 303,456,000,000 1999 297,883,000,000 2000 279,209,000,000 2001 286,580,000,000 2002 309,300,000,000 2003 362,088,000,000 2004 403,914,000,000 2005 418,293,000,000 2006 441,619,000,000 2007 490,755,000,000 2008 567,273,000,000 2009 554,192,000,000 2010 598,851,000,000 2011 715,888,000,000 2012 686,420,000,000 2013 706,235,000,000 2014 726,538,000,000 2015 694,118,000,000 2016 687,895,000,000 2017 695,201,000,000 2018 725,563,000,000 2019 721,369,000,000 2020 739,914,000,000 2021 800,640,000,000 2022 807,706,000,000 GDP change (%)19961996199819982000200020022002200420042006200620082008201020102012201220142014201620162018201820202020202220220055Switzerland GDP Change %Switzerland GDP Change %
Date Switzerland GDP Change % 1993 -0.126 1994 1.27 1995 0.481 1996 0.471 1997 2.261 1998 3.03 1999 1.663 2000 3.959 2001 1.576 2002 -0.073 2003 -0.032 2004 2.702 2005 2.75 2006 4.074 2007 3.916 2008 2.808 2009 -2.297 2010 3.243 2011 1.813 2012 1.179 2013 1.792 2014 2.35 2015 1.645 2016 2.069 2017 1.363 2018 2.86 2019 1.142 2020 -2.376 2021 4.222 2022 2.059
- United Arab Emirates (UAE) (GDP: $579 billion)
The United Arab Emirates, or UAE, is a federation of seven emirates on the southeast end of the Arabian Peninsula. The country, wedged between Oman and Saudi Arabia, has rocky desert, wetlands, waterless mountains and coastlines that stretch along the Gulf of Oman and the Persian Gulf.
MORE ON UNITED ARAB EMIRATES
Countries Most Populated by Migrants
The 25 Best Countries in the World
Countries With the Worst Air Pollution
The emirates that currently comprise the UAE were known as the Trucial States in the 19th century as a result of a series of agreements with Great Britain. In 1971, six of these states merged to form the UAE; a seventh joined in 1972.
Prior to the discovery of oil in the mid-20th century, the UAE’s economy was based primarily on fishing and a pearl industry. When oil exports began in the 1960s, the country’s economy rapidly transformed. Today, the UAE’s per capita gross domestic product is on par with those of leading Western European nations, according to the CIA’s World Factbook. And the World Economic Forum has named the country the most competitive economy in the Arab world.
While conservative at heart, the UAE is one of the Gulf’s most liberal countries, with a constitution that allows for freedom of religion. The country is made up of a federation of monarchies, where the legal system is a mix of civil and Islamic law. Suffrage is limited – with only a few chosen citizens able to vote for the unicameral Federal National Council – and political parties are banned.
The UAE is known for its two largest cities, Dubai and Abu Dhabi, which draw millions of tourists each year. Dubai, a regional business hub known for its sleek skyscrapers, is home to the largest building in the world – the Burj Khalifa. Abu Dhabi is the seat of the Federal National Council and serves as the national capital of the UAE.
The UAE avoided the widespread unrest seen elsewhere in the Middle East during the Arab Spring, though in 2011 political activists and intellectuals called for greater public participation in governance. In response, the government launched infrastructure investment plans to help the poor and also cracked down on those calling for reform. Rights groups have criticized the government for detaining, disappearing and sometimes torturing its challengers.
Rankings Adventure 23.5 #48 Agility 72.6 #15 Cultural Influence 63.0 #9 Entrepreneurship 68.0 #17 Heritage 22.0 #53 Movers 100.0 #1 Open for Business 55.1 #40 Power 56.0 #10 Quality of Life 41.2 #26 Social Purpose 7.2 #48
| Top 10 Countries by Nominal GDP as of 2022 | ||||
|---|---|---|---|---|
| Country | Nominal GDP (in trillions) | PPP Adjusted GDP (in trillions) | Annual Growth (%) | GDP Per Capita |
| United States | $25.5 | $25.5 | 2.1% | $76,398 |
| China | $18.0 | $30.3 | 3.0% | $12,720 |
| Japan | $4.2 | $5.7 | 1.0% | $33,815 |
| Germany | $4.1 | $5.3 | 1.8% | $48,432 |
| India | $3.4 | $11.9 | 7.0% | $2,388 |
| United Kingdom | $3.1 | $3.7 | 4.1% | $45,850 |
| France | $2.8 | $3.8 | 2.6% | $40,963 |
| Russia | $2.2 | $5.3 | -2.1% | $15,345 |
| Canada | $2.1 | $2.3 | 3.4% | $54,967 |
| Italy | $2.0 | $3.1 | 3.7% | $34,158 |
Here are some frequently asked questions (FAQs) related to giving mobile phones to children:
- What is the recommended age for giving a child a mobile phone?
- There is no one-size-fits-all answer. However, experts suggest considering factors such as maturity, responsibility, and safety. Bill Gates, for instance, waited until his children were 14 years old before allowing them to have cellphones.
- Why did Bill Gates wait until his children were 14?
- Bill Gates emphasized the importance of setting boundaries and ensuring that children get enough sleep. By waiting until age 14, he aimed to strike a balance between technology use and healthy habits.
- What factors should parents consider when deciding on the right age for a child’s cellphone?
- Independence: Assess whether your child needs to be in touch for safety reasons or social interactions.
- Responsibility: Can your child handle limits on screen time and responsible behavior?
- Functionality: Consider whether your child needs a smartphone for multiple purposes or just basic communication.
- Location Services: Be aware of privacy concerns related to location-sharing apps.
- Expense: Consider data plans and potential costs.
- What do other experts recommend?
- James P. Steyer suggests giving a child a cellphone when they start high school and demonstrate restraint.
- Stacy DeBroff emphasizes that maturity matters more than age.
- PBS Parents provides a list of questions to consider before giving your child their first phone.
- Is there a universal answer?
- No, there isn’t. Each family’s values and each child’s development are unique. Finding a balance that aligns with your family’s needs is essential.
Superman 2025: What Fans Can Expect from the New Superman Movie
IPL 2025 Auction: Record-Breaking Bids and Billion-Dollar Deals
Italy Awaits: Essential Travel Insights for Your Next Adventure
Stree 2: हॉरर और कॉमेडी मूवी जिसने बॉक्स ऑफिस पर मचाई धूम
