Prof.

dr Stanko Radmilovi, Novi Sad, Serbia

M6. Investment (domestic and FDI), Unemployment, Current
account balance - all in correlation with the growth rates
This article, as well as M2, M3, M4 and M5 elaborate article M1. More precisely, it is analytically discussed
certain aspects of the article M1. Indicators (11) on current and developing trends in 2000-11 in 55
countries:
This article, as well as M2, M3, M4 and M5 elaborate article M1. More precisely, it is analytically
discussed certain aspects of the article M1:
Total investment, % of GDP, averages 2000-12 (From the IMF WEO Database, April, 2013)
FDI, net inflows (in % of GDP), averages 2000-11 (From the WB DataBank, maj 2013)
Unemployment rate, % of total labor force, averages 2000-12 (From the IMF WEO Database, April,
2013)
Current account balance, % of GDP, average 2000-12 (From the IMF WEO Database, April, 2013)
and then combined in:
Investment (domestic and FDI), unemployment, Current account balance - all in correlation with the
growth rates; Integrated rank positions
The aim is multiple:
- To all visitors (readers) analytically present these indicators for their informational and analytical
purposes;
- The comparison of domestic and foreign direct investment to examine whether there is any country
where FDI basic (not just additional) development orientation/ basis;
- To provide an opportunity to identify the correlation of FDI to growth rates, unemployment rates and
rates of surplus / deficit of the current account deficit.
Total investment, % of GDP, averages 2000-12 (From the IMF WEO Database, April,
2013)
Total investment (Percent of GDP): Expressed as a ratio of total investment in current local currency
and GDP in current local currency. Investment or gross capital formation is measured by the total value of
the gross fixed capital formation and changes in inventories and acquisitions less disposals of valuables
for a unit or sector. [SNA 1993]
Total investment, % of GDP, averages 2000-12 (From the IMF WEO Database, April, 2013)
Indicators and ranking positions prepared by prof. Stanko Radmilovic based on data from IMF Database,
WEO april 2013, with the data for 2012
Total investment, % of GDP, average 2000-12
Rank Count. %
1 China 42,7
2 Belar. 32,6
3 India 31,9
4 Qatar 30,7
5 Eston. 29,8
6 Korea 29,4
7 Latvia 28,6
8 Alban. 28,3
9 Mold. 27,2
10 Czech, 27,1
11 Indone. 27,0
12 Austral. 26,9
13 Monten. 26,6
14 Spain 26,4
15 Slovak 25,8
16 Croat. 25,6
17 Bulg. 25,5
18 Sloven. 25,3
19 Roman. 25,1
20 Mexi. 24,7
21 S. Arab. 24,2
22 Venezu. 24,1
23 B - H 23,6
24 Austria 22,8
25 Hunga. 22,8
26 Portug. 22,8
27 Cana. 22,3
28 Japan 22,1
29 Norw. 22,0
30 Ukrai. 21,8
31 Switzer. 21,5
32 UAEmir. 21,4
33 Belgi. 21,4
34 Gree. 21,4
35 Russia 21,4
36 Finla. 20,3
37 Lithuan. 21,2
38 Poland 21,2
39 Italy 20,6
40 Irela. 20,5
41 Argent. 20,4
42 Denm. 20,0
43 France 19,9
44 Serbia 19,6
45 Turkey 19,6
46 Netherl. 19,5
47 Cyprus 18,8
48 So. Afri. 18,5
49 Germ. 18,4
50 Swed. 18,4
51 U S 18,3
52 Israel 18,0
53 Brazil 17,9
54 U K 16,5
55 Maced. ...
FDI, net inflows (in % of GDP), averages 2000-11 (From the WB DataBank, maj 2013)
Foreign direct investment, net inflows (% of GDP: Foreign direct investment are the net inflows of
investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise
operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of
earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series
shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign
investors, and is divided by GDP.

FDI, net inflows (in % of GDP), averages 2000-11 (From the WB DataBank, maj 2013)
Indicators and ranking positions prepared by prof. Stanko Radmilovic based on data from WB DataBank,
May 2013th
FDI, net inflows (in % of GDP), average 2000-11)
Rank Count. %
1 Belgium 16,4
2 Irela. 15,0
3 Bulgaria 12,3
4 Hunga. 11,5
5 Estonia 9,9
6 Cyprus 7,4
7 Moldova 6,2
8 Albania 6,1
9 Netherl. 6,0
10 Maced. 5,4
11 Czech, 5,3
12 Croatia 5,2
13 Austria 5,0
14 Switzerl... 5,0
15 U K 5,0
16 Slovak... 4,7
17 Sweden 4,7
18 B - H 4,6
19 Roman. 4,6
20 Latvia 4,3
21 Ukraine 4,3
22 Israel 4,1
23 Poland 3,9
24 Serbia 3,9
25 Qatar 3,8
26 Spain 3,8
27 China 3,6
28 Finla. 3,6
29 Lithuan. 3,6
30 UAEmir. 3,6
31 Canada 3,5
32 Portugal 3,5
33 Sa. Arab. 3,4
34 Denmark 3,3
35 Austral. 3,2
36 Norway 3,0
37 Brazil 2,9
38 Mexico 2,8
39 France 2,7
40 Russia... 2,5
41 Belarus 2,4
42 Sloven. 2,3
43 Argen. 2,2
44 Germany 2,0
45 So. Afric. 1,7
46 Turkey 1,7
47 U S 1,7
48 India 1,6
49 Venezu. 1,3
50 Italy 1,1
51 Greece 0,8
52 Indone. 0,7
53 Korea, R. 0,6
54 Japan 0,2
55 Montene. ...
Unemployment rate, % of total labor force, averages 2000-12 (From the IMF WEO
Database, April, 2013)
Unemployment rate (Percent of total labor force): Unemployment rate can be defined by either the
national definition, the ILO harmonized definition, or the OECD harmonized definition. The OECD
harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor
force (the total number of people employed plus unemployed). [OECD Main Economic Indicators, OECD,
monthly] As defined by the International Labour Organization, unemployed workers are those who are
currently not working but are willing and able to work for pay, currently available to work, and have
actively searched for work.
[ILO, http://www.ilo.org/public/english/bureau/stat/res/index.htm]
Unemployment rate, % of total labor force, averages 2000-12 (From the IMF WEO Database, April,
2013)
Indicators and ranking positions prepared by prof. Stanko Radmilovic based on data from IMF Database,
WEO april 2013, with the data for 2012
Unemployment rate, % of total labor force, average 2000-12
Rank Count. %
1 Maced. 33,6
2 B - H 29,0
3 So. Afri. 25,0
4 Serbia 18,2
5 Slovak... 15,2
6 Alban. 14,4
7 Spain 13,9
8 Poland 13,8
9 Croat. 12,8
10 Argent. 12,2
11 Latvia 12,1
12 Lithuan. 11,9
13 Bulg. 11,7
14 Gree. 11,6
15 Venezu. 11,3
16 S. Arab. 10,4
17 Eston. 10,2
18 Turkey 10,2
19 Israel 10,1
20 France 9,1
21 Brazil 9,0
22 Germ. 8,4
23 Indone. 8,4
24 Ukrai. 8,4
25 Finla. 8,3
26 Italy 8,2
27 Portug. 8,1
28 Hunga. 7,9
29 Belgi. 7,7
30 Russia 7,7
31 Irela. 7,4
32 Czech 7,1
33 Cana. 7,1
34 Roman. 7,1
35 Mold. 6,8
36 Sloven. 6,5
37 Swed. 6,7
38 U S 6,3
39 U K 6,0
40 Cyprus 5,5
41 Austra. 5,4
42 Denm. 5,3
43 Japan 4,7
44 Austria 4,4
45 China 4,0
46 Netherl. 4,0
47 Mexi. 3,9
48 Korea 3,6
49 Norw. 3,6
50 Switzer. 2,8
51 Belar. 1,5
52 India ...
53 Monten. ...
54 Qatar ...
55 UAEmir. ...
Current account balance, % of GDP, average 2000-12 (From the IMF WEO Database,
April, 2013)
Current account balance (Percent of GDP): Current account is all transactions other than those in
financial and capital items. The major classifications are goods and services, income and current
transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in
goods, services, and income.
Current account balance, % of GDP, average 2000-12 (From the IMF WEO Database, April,
2013)
Indicators and ranking positions prepared by prof. Stanko Radmilovic based on data from IMF Database,
WEO april 2013, with the data for 2012
Current account balance, % of GDP, average 2000-12
Rank Count. %
1 Qatar 25,1
2 S. Arab. 16,8
3 Norw. 13,9
4 Switzer. 10,7
5 Venezu. 8,5
6 UAEmir. 8,3
7 Russia 8,2
8 Swed. 6,8
9 Netherl. 6,1
10 China 4,6
11 Germ. 4,4
12 Finla. 3,8
13 Denm. 3,5
14 Japan 3,1
15 Korea 2,4
16 Austria 2,1
17 Argent. 2,0
18 Indone. 1,8
19 Belgi. 1,7
20 Israel 1,4
21 Ukrai. 0,4
22 Cana. 0,0
23 France -0,4
24 Brazil -1,1
25 Irela. -1,2
26 Mexi. -1,2
27 India -1,3
28 Italy -1,3
29 Sloven. -1,5
30 U K -2,2
31 So. Afri. -3,3
32 Czech -3,7
33 Turkey -4,2
34 Austral. -4,3
35 Poland -4,3
36 U S -4,3
37 Croat. -4,5
38 Hunga. -4,9
39 Slovak... -5,2
40 Maced. -5,3
41 Spain -5,4
42 Belar. -5,7
43 Lithuan. -5,9
44 Roman. -6,6
45 Eston. -6,7
46 Cyprus -6,9
47 Latvia -8,0
48 Mold. -8,1
49 Alban. -8,3
50 Bulg. -8,7
51 Gree. -9,0
52 Portug. -9,0
53 Serbia -9,0
54 B - H -11,7
55 Montene. -23,7
Investment (domestic and FDI), unemployment, Current account balance - all in
correlation with the growth rates; Integrated rank positions
GDP growth (annual
%), average 2000-12
(I From the IMF
WEO Database,
April, 2013
Total investment, %
of GDP, average
2000-12 (I From the
IMF WEO Database,
April, 2013)
FDI, net inflows (in
% of GDP), average
2000-11 (From the
WB DataBank, maj
2013)
Unemployment rate,
% of total labor
force, average 2000-
12 (From the IMF
WEO Database,
April, 2013
Current account
balance, % of GDP,
average 2000-12 (I
From the IMF WEO
Database, April, 2013
Rank Count. % Rank Count. % Rank Count. % Rank Count. % Rank Count. %
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
1 Qatar 12,5 4 Qatar 30,7 25 Qatar 3,8 54 Qatar ... 1 Qatar 25,1
2 China 10,0 1 China 42,7 27 China 3,6 45 China 4,0 10 China 4,6
3 India 7,0 3 India 31,9 48 India 1,6 52 India ... 27 India -1,3
4 Belar. 6,7 2 Belar. 32,6 41 Belar. 2,4 51 Belar. 1,5 42 Belar. -5,7
5 UAEmir. 5,8 32 UAEmir. 21,4 30 UAEmir. 3,6 55 UAEmir. ... 6 UAEmir. 8,3
6 S. Arab. 5,4 21 S. Arab. 24,2 33 S. Arab. 3,4 16 S. Arab. 10,4 2 S. Arab. 16,8
7 Indone. 5,3 11 Indone. 27,0 52 Indone. 0,7 23 Indone. 8,4 18 Indone. 1,8
8 Russia 5,2 35 Russia 21,4 40 Russia... 2,5 30 Russia 7,7 7 Russia 8,2
9 Alban. 5,1 8 Alban. 28,3 8 Alban. 6,1 6 Alban. 14,4 49 Alban. -8,3
10 Eston. 4,8 5 Eston. 29,8 5 Eston. 9,9 17 Eston. 10,2 45 Eston. -6,7
11 Lithuan. 4,6 37 Lithuan. 21,2 29 Lithuan. 3,6 12 Lithuan. 11,9 43 Lithuan. -5,9
12 Mold. 4,6 9 Mold. 27,2 7 Mold. 6,2 35 Mold. 6,8 48 Mold. -8,1
13 Turk. 4,5 45 Turk. 19,6 46 Turk. 1,7 18 Turk. 10,2 33 Turk. -4,2
14 Latvia 4,4 7 Latvia 28,6 20 Latvia 4,3 11 Latvia 12,1 47 Latvia -8,0
15 Ukrai. 4,4 30 Ukrai. 21,8 21 Ukrai. 4,3 24 Ukrai. 8,4 21 Ukrai. 0,4
16 Argen. 4,3 41 Argen. 20,4 43 Argen. 2,2 10 Argen. 12,2 17 Argen. 2,0
17 Korea 4,3 6 Korea 29,4 53 Korea 0,6 48 Korea 3,6 15 Korea 2,4
18 Slovak 4,2 15 Slovak 25,8 16 Slovak 4,7 5 Slovak 15,2 39 Slovak -5,2
19 Bulgar. 3,8 17 Bulgar. 25,5 3 Bulgar. 12,3 13 Bulgar. 11,7 50 Bulgar. -8,7
20 Israel 3,8 52 Israel 18,0 22 Israel 4,1 19 Israel 10,1 20 Israel 1,4
21 Poland 3,8 38 Poland 21,2 23 Poland 3,9 8 Poland 13,8 35 Poland -4,3
22 Roman. 3,7 19 Roman. 25,1 19 Roman. 4,6 34 Roman. 7,1 44 Roman. -6,6
23 Venezu. 3,7 22 Venezu. 24,1 49 Venezu. 1,3 15 Venezu. 11,3 5 Venezu. 8,5
24 So. Afri. 3,5 48 So. Afri. 18,5 45 So. Afri. 1,7 3 So. Afri. 25,0 31 So. Afri. -3,3
25 Brazil 3,4 53 Brazil 17,9 37 Brazil 2,9 21 Brazil 9,0 24 Brazil -1,1
26 Monten. 3,4 13 Monten. 26,6 55 Monten. ... 53 Monten. ... 55 Monten. -23,7
27 B - H 3,2 23 B - H 23,6 18 B - H 4,6 2 B - H 29,0 54 B - H -11,7
28 Serbia 3,2 44 Serbia 19,6 24 Serbia 3,9 4 Serbia 18,2 53 Serbia -9,0
29 Austra. 3,1 12 Austra. 26,9 35 Austra. 3,2 41 Austra. 5,4 34 Austra. -4,3
30 Irela. 3,1 40 Irela. 20,5 2 Irela. 15,0 31 Irela. 7,4 25 Irela. -1,2
31 Czech, 3,0 10 Czech, 27,1 11 Czech, 5,3 32 Czech, 7,1 32 Czech, -3,7
32 Maced. 2,6 55 Maced. ... 10 Maced. 5,4 1 Maced. 33,6 40 Maced. -5,3
33 Cyprus 2,4 47 Cyprus 18,8 6 Cyprus 7,4 40 Cyprus 5,5 46 Cyprus -6,9
34 Swed. 2,4 50 Swed. 18,4 17 Sweden 4,7 37 Swed. 6,7 8 Swed. 6,8
35 Mexi. 2,3 20 Mexi. 24,7 38 Mexi. 2,8 47 Mexi. 3,9 26 Mexi. -1,2
36 Sloven. 2,3 18 Sloven. 25,3 42 Sloven. 2,3 36 Sloven. 6,5 29 Sloven. -1,5
37 Cana. 2,2 27 Cana. 22,3 31 Cana. 3,5 33 Cana. 7,1 22 Cana. 0,0
38 Croat. 2,1 16 Croat. 25,6 12 Croat. 5,2 9 Croat. 12,8 37 Croat. -4,5
39 Finl. 2,0 36 Finland 20,3 28 Finl. 3,6 25 Finl. 8,3 12 Finl. 3,8
40 Hung. 1,9 25 Hunga. 22,8 4 Hung. 11,5 28 Hung. 7,9 38 Hung. -4,9
41 Spain 1,9 14 Spain 26,4 26 Spain 3,8 7 Spain 13,9 41 Spain -5,4
42 Switz. 1,8 31 Switzer. 21,5 14 Switz. 5,0 50 Switz. 2,8 4 Switz. 10,7
43 U.K. 1,8 54 U K 16,5 15 U K 5,0 39 U K 6,0 30 U K -2,2
44 U.S. 1,8 51 U S 18,3 47 U S 1,7 38 U S 6,3 36 U S -4,3
45 Austria 1,7 24 Austria 22,8 13 Austria 5,0 44 Austria 4,4 16 Austria 2,1
46 Norw. 1,7 29 Norw. 22,0 36 Norw. 3,0 49 Norw. 3,6 3 Norw. 13,9
47 Belgi. 1,5 33 Belgi. 21,4 1 Belgi. 16,4 29 Belgi. 7,7 19 Belgi. 1,7
48 Netherl. 1,4 46 Netherl. 19,5 9 Netherl. 6,0 46 Netherl. 4,0 9 Netherl. 6,1
49 France 1,3 43 France 19,9 39 France 2,7 20 France 9,1 23 France -0,4
50 Germ. 1,3 49 Germ. 18,4 44 Germ. 2,0 22 Germ. 8,4 11 Germ. 4,4
51 Japan 0,9 28 Japan 22,1 54 Japan 0,2 43 Japan 4,7 14 Japan 3,1
52 Denm. 0,8 42 Denm. 20,0 34 Denm. 3,3 42 Denm. 5,3 13 Denm. 3,5
53 Gree. 0,8 34 Gree. 21,4 51 Gree. 0,8 14 Gree. 11,6 51 Gree. -9,0
54 Portug. 0,5 26 Portug. 22,8 32 Portug. 3,5 27 Portug. 8,1 52 Portug. -9,0
55 Italy 0,4 39 Italy 20,6 50 Italy 1,1 26 Italy 8,2 28 Italy -1,3