The World Economy — Documented

Understand the World Economy, Country by Country

In-depth, regularly updated guides to the economic activities, systems, biggest companies, and wealthiest people of 190+ nations.

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  • An Analysis of Algeria’s Economic System

    An Analysis of Algeria’s Economic System

    Algeria's economic system is a mixed economy where the state directs much of production alongside a private sector. What type of economic system does…

  • The Economic System of Angola: A Comparative Analysis

    The Economic System of Angola: A Comparative Analysis

    Angola's economic system is a mixed economy where the state controls much of production and distribution alongside a private sector. What type of economic…

  • What type of economy does Colombia have?

    What type of economy does Colombia have?

    Colombia's economy is a mixed economy that blends free-market activity with planned elements, with a GDP of $333 billion in 2022. What type of…

  • Mexico economic system

    Mexico economic system

    Mexico's economic system is a mixed economy that combines a market economy with planned elements, pairing private firms with public ones like PEMEX. What…

  • Economic institutions, an explanation

    Economic institutions, an explanation

    Economic institutions are the organizations and the rules that shape how an economy works, affecting growth, poverty, and prosperity. What are economic institutions? Economists…

  • Quaternary sector: definition, background, examples

    Quaternary sector: definition, background, examples

    Key Economic Concept: The quaternary sector of the economy encompasses knowledge-based economic activities, including information technology, scientific research, data analytics, financial consulting, and intellectual…

  • Market in economics. Types of markets systems

    Market in economics. Types of markets systems

    Key Economic Concept: In economics, a market is any structure or mechanism that enables buyers and sellers to exchange goods, services, and information, ranging…

  • Biggest agricultural producers in the world

    Biggest agricultural producers in the world

    The biggest agricultural producers in the world vary by crop, with output spread across many countries rather than concentrated in one. Who are the…

  • Economic agents, an explanation

    Economic agents, an explanation

    Key Economic Concept: An economic agent is any individual, household, enterprise, or government institution that makes economic decisions and engages in the production, distribution,…

  • Goods and services

    Goods and services

    Key Economic Concept: Goods and services represent the two fundamental outputs of economic activity: tangible physical products that can be touched and stored (goods)…