See the countries that are improving the most in this list of 11 countries with highest economic mobility. One of the key factors in terms of improvement of a country is their economic mobility. It is also a factor that is most noticeable as the economy of a country is something that can be measured in different aspects. Good economic movement implies that the country has been earning itself quite a good amount of money in terms of investments, GDP and currency movement. It is also often the result of good governance as corruption is usually spread thin and the country has more time to focus on efforts to improve.
The powerful countries we see today are often the result of being strong economic contenders from years and decades ago. You can say that a poor country has the most potential for growth until they reach a point of stability. However, as a country starts to move up among others, one may notice that there is also an increase in the standard of living This is due to the country having more interest from foreign investments and people in general. You’ll notice appeal in a lot of the countries listed in the 11 Countries with the Highest Standards of Living.
There are many factors to consider when it comes to economic mobility and it would be hard to give an average or summarize them all for a ranking. For this list we take into account one of the more significant reasons for high economic mobility and that is GDP. Let’s find out more as we explore these 11 countries with highest economic mobility.
2015 GDP Growth: = 7.2%
The high GDP growth rate in Tanzania is mainly due to a thriving gold production industry as well as a strong tourism sector. A lot of investments have been recently made in the country and agriculture, telecommunications and even banking have helped the economy up. The country, however, still needs to improve a lot of things like the income of its citizens.