FX.co ★ Top 10 countries to invest in for 2019

India

For the last twenty years India has been demonstrating a stable economic growth. However, the pace of growth depends on the region: low in the countryside and robust in the cities. India has become an outsourcing territory for many multinational corporations because of a great number of English-speaking professionals. The country is a popular destination for medical tourism. India is well-known for its exports of software as well as financial and technological services. India’s GDP is $2.6 trillion that makes its economic growth as high as 7% on a yearly basis.

Saudi Arabia

Saudi Arabia possesses immense oil reserves. It is the leader among oil-exporting countries and is a member of OPEC. Its economy is based on oil production which represents 45 percent of the country’s GDP. The GDP reaches $683.8 billion with annual growth of 2.2 percent. The lion’s share of supply (90%) is oil products exports, which account for 75% of budget income.

Poland

Poland’s economy focuses on the social well-being. It is the sixth major market economy in the European Union. Poland is considered the largest among the former eastern bloc countries. The Polish economy has shown steady growth over the past 28 years, which is a record in the European Union. The country’s GDP is $524.5 billion, its annual growth is 5.1 percent.

Chile

Mining is a key Chilean industry. The country is the world's leading copper exporter. CODELCO is the main state-owned company that extracts and exports copper. The economy also owes its success to metalworking, wood processing as well as food and textile industries. The country’s GDP is $277.1 billion, its annual growth is 4 percent.

Vietnam

Vietnam is an actively developing agrarian country. The state plays the lead role in the country's economy. The authorities arrange five-year plans for economic development and monitor their implementation. The market consists of small businesses. The key industries are food, mining, chemical, petroleum, textile, and mechanical engineering. The country’s GDP is $223.9 billion, its annual growth is 7.1 percent.

Qatar

According to the IMF, Qatar has been a leader concerning GDP per capita in the past few years. The country’s GDP is $167.6 billion with an annual growth of 1.4 percent. The country is the third in the world in natural gas reserves. Qatar is a large exporter of natural gas, oil, and oil products.

Luxembourg

The Grand Duchy of Luxembourg is one of the richest territorial entities in Europe. Experts indicate the highest standard of living in the country. A number of EU organizations headquarters in Luxembourg. The country is regarded an offshore zone with favorable financial conditions which attract about 1 thousand investment funds and over 200 banks to the country. It is far more than in other jurisdictions. Luxembourg has $62.4 billion GDP and 2.6 percent annual growth.

Costa Rica

The country’s economy is based on tourism, agriculture, and production and export of electronics, in particular microprocessors and medical devices. Political stability, high-quality work force and tax advantages bring foreign investors. The country's GDP is $57.1 billion and annual growth is 2.7 percent.

Uruguay

Uruguay is one of the most economically developed countries of Latin America. Its economy is mainly oriented on exports of animal products. The country’s main export items are cattle meat and sheep wool. Uruguay is well-known for its growth of grapes and citrus fruits as well as production of wheat, rice, corn, oil flax, and sugarcane. The country’s GDP is $56.2 billion, its annual growth is 1.6 percent.

Slovenia

Slovenia has an advanced economy and the largest nominal GDP per capita among other Slavonic countries. Its GDP equals $48.8 billion and annual growth rate reaches 4.5%. Currently, Slovenia boasts sustainable economic growth. The country has a decent education level. The infrastructure is well-developed in Slovenia, as it is located at the crossroads of key transport routes. The level of direct investments in the country is rather low.