The Top Remittance Receiving Countries 2018

Foreign workers remit money to their home countries for many reasons including supporting families, saving for retirement, investments, etc. The global remittance industry is big with billions of dollars flowing across countries. The top three remittance receiving countries in 2018 were: India, China and Mexico. Remittance funds are very important to some countries. For example, …

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The Average Tariff Rate of Select Countries: Chart

The Average Tariff Rate of some economies are shown in the chart below. Egypt has the highest rate followed by India. The EU import tariff rate is on an average 50% higher than the US according to an article by Sonal Desai at Franklin Templeton. Click to enlarge Source: On My Mind: Trade Wars—The Dog That …

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Countries Without Recessions For The Longest Time

Australia is known as the “Lucky Country” since it hasn’t had a recession for the highest number of years. In addition the country is also lucky because it is blessed with rich natural resources. Some of the other countries without recessions in many years are shown in the chart below: Click to enlarge Source: RFE/RL …

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