Economic Systems
Andorra: Market/Mixed
Albania: Market/Mixed
Bosnia & Herzegovina: Market/Mixed
Croatia: Mixed
Greece: Command
Italy: Market/Mixed
Macedonia: Market/Mixed
Malta: Market/Mixed
Montenegro: Market/Mixed
Portugal: Socialist
San Marino: Market/Mixed
Serbia: Market/Mixed
Slovenia: Market/Mixed
Spain: Market/Mixed
Andorra: Market/Mixed
Albania: Market/Mixed
Bosnia & Herzegovina: Market/Mixed
Croatia: Mixed
Greece: Command
Italy: Market/Mixed
Macedonia: Market/Mixed
Malta: Market/Mixed
Montenegro: Market/Mixed
Portugal: Socialist
San Marino: Market/Mixed
Serbia: Market/Mixed
Slovenia: Market/Mixed
Spain: Market/Mixed
HDI Ranking
Andorra: 0.845
Albania: 0.733
Bosnia & Herzegovina: 0.733
Croatia: 0.818
Greece: 0.865
Italy: 0.873
Macedonia: 0.747
Malta: 0.839
Montenegro: 0.802
Portugal: 0.830
San Marino: N/A
Serbia: 0.771
Slovenia: 0.880
Spain: 0.876
Andorra: 0.845
Albania: 0.733
Bosnia & Herzegovina: 0.733
Croatia: 0.818
Greece: 0.865
Italy: 0.873
Macedonia: 0.747
Malta: 0.839
Montenegro: 0.802
Portugal: 0.830
San Marino: N/A
Serbia: 0.771
Slovenia: 0.880
Spain: 0.876
GDP
(Purchasing Power Parity)
Andorra: $3.163 billion
Albania: $32.65 billion
Bosnia & Herzegovina: $40.53 billion
Croatia: $91.1 billion
Greece: $286 billion
Italy: $2.171 trillion
Macedonia: $29.04 billion
Malta: $15.38 billion
Montenegro: $10.04 billion
Portugal: $289.8 billion
San Marino: $1.982 billion
Serbia: $97.5 billion
Slovenia: $63.96 billion
Spain: $1.615 trillion
(Purchasing Power Parity)
Andorra: $3.163 billion
Albania: $32.65 billion
Bosnia & Herzegovina: $40.53 billion
Croatia: $91.1 billion
Greece: $286 billion
Italy: $2.171 trillion
Macedonia: $29.04 billion
Malta: $15.38 billion
Montenegro: $10.04 billion
Portugal: $289.8 billion
San Marino: $1.982 billion
Serbia: $97.5 billion
Slovenia: $63.96 billion
Spain: $1.615 trillion
Per Capita Income
Andorra: $37,200
Albania: $11,900
Bosnia & Herzegovina: $10,500
Croatia: $21,600
Greece: $26,400
Italy: $35,700
Macedonia: $14,000
Malta: $35,900
Montenegro: $16,100
Portugal: $27,800
San Marino: $63,900
Serbia: $13,700
Slovenia: $31,000
Spain: $34,800
Andorra: $37,200
Albania: $11,900
Bosnia & Herzegovina: $10,500
Croatia: $21,600
Greece: $26,400
Italy: $35,700
Macedonia: $14,000
Malta: $35,900
Montenegro: $16,100
Portugal: $27,800
San Marino: $63,900
Serbia: $13,700
Slovenia: $31,000
Spain: $34,800
Level of Development
Andorra: MDC
Albania: NIC
Bosnia & Herzegovina: NIC
Croatia: MDC
Greece: MDC
Italy: MDC
Macedonia: NIC
Malta: MDC
Montenegro: NIC
Portugal: MDC
San Marino: MDC
Serbia: MDC
Slovenia: NIC
Spain: MDC
Andorra: MDC
Albania: NIC
Bosnia & Herzegovina: NIC
Croatia: MDC
Greece: MDC
Italy: MDC
Macedonia: NIC
Malta: MDC
Montenegro: NIC
Portugal: MDC
San Marino: MDC
Serbia: MDC
Slovenia: NIC
Spain: MDC
Level of Economic Activity
Andorra: Tertiary 94.9%
Albania: Primary 41.8%
Bosnia & Herzegovina: Tertiary 51%
Croatia: Tertiary 70.4%
Greece: Tertiary 72.4%
Italy: Tertiary 67.8%
Macedonia: Tertiary 52.6%
Malta: Tertiary 80%
Montenegro: Tertiary 76.8%
Portugal: Tertiary 67.5%
San Marino: Tertiary 66.3%
Serbia: Tertiary 62.5%
Slovenia: Tertiary 60.9%
Spain: Tertiary 71.7%
Andorra: Tertiary 94.9%
Albania: Primary 41.8%
Bosnia & Herzegovina: Tertiary 51%
Croatia: Tertiary 70.4%
Greece: Tertiary 72.4%
Italy: Tertiary 67.8%
Macedonia: Tertiary 52.6%
Malta: Tertiary 80%
Montenegro: Tertiary 76.8%
Portugal: Tertiary 67.5%
San Marino: Tertiary 66.3%
Serbia: Tertiary 62.5%
Slovenia: Tertiary 60.9%
Spain: Tertiary 71.7%
Major Imports
Andorra: food, fuel, electricity, and consumer goods
Albania: machinery, foodstuffs, equipment, textiles, and chemicals
Bosnia & Herzegovina: machinery, equipment, chemicals, fuel, and foodstuffs
Croatia: machinery, transport equipment, electrical equipment, chemicals, fuels, lubricants, and foodstuffs
Greece: machinery, transport equipment, fuels, and chemicals
Italy: engineering products, chemicals, transport equipment, energy products, minerals, nonferrous metals, textiles, clothing, food, beverages, and tobacco
Macedonia: machinery, equipment, automobiles, chemicals, fuels, and food products
Malta: mineral fuels, oil, electrical machinery, aircrafts, machinery, appliances, plastic, vehicles, and parts
Montenegro: pig meats, vehicles, petroleum, and aluminum
Portugal: chemicals, vehicles, oils, base metals, and food products
San Marino: food and energy
Serbia: machinery, fuel, chemicals, raw materials, and live animals
Slovenia: machinery, transport equipment, chemicals, fuels, and food
Spain: medical control instruments, fuels, chemicals, foodstuffs, and consumer goods
Andorra: food, fuel, electricity, and consumer goods
Albania: machinery, foodstuffs, equipment, textiles, and chemicals
Bosnia & Herzegovina: machinery, equipment, chemicals, fuel, and foodstuffs
Croatia: machinery, transport equipment, electrical equipment, chemicals, fuels, lubricants, and foodstuffs
Greece: machinery, transport equipment, fuels, and chemicals
Italy: engineering products, chemicals, transport equipment, energy products, minerals, nonferrous metals, textiles, clothing, food, beverages, and tobacco
Macedonia: machinery, equipment, automobiles, chemicals, fuels, and food products
Malta: mineral fuels, oil, electrical machinery, aircrafts, machinery, appliances, plastic, vehicles, and parts
Montenegro: pig meats, vehicles, petroleum, and aluminum
Portugal: chemicals, vehicles, oils, base metals, and food products
San Marino: food and energy
Serbia: machinery, fuel, chemicals, raw materials, and live animals
Slovenia: machinery, transport equipment, chemicals, fuels, and food
Spain: medical control instruments, fuels, chemicals, foodstuffs, and consumer goods
Major Exports
Andorra: tobacco and furniture
Albania: textiles, footwear, asphalt, metals, crude oil, fruits, vegetables, and tobacco
Bosnia & Herzegovina: metals, clothing, and wood products
Croatia: transport equipment, machinery, textiles, chemicals, food, and fuel
Greece: food, beverages, petroleum, textiles, and chemicals
Italy: textiles, clothing, chemicals, beverages, tobacco, and minerals
Macedonia: foodstuffs, beverages, tobacco, textiles, iron, and steel
Malta: machinery, petroleum, oil products, books, toys, games, and sports equipment
Montenegro: raw aluminum, refined petroleum, cars, and recreational boats
Portugal: foodstuffs, wine, oil products, plastic, rubber, leather, textiles, wood, cork, clothing, and footwear
San Marino: building stone, lime, wood, chestnuts, wheat, wine, baked goods, and ceramics
Serbia: iron, steel, rubber, clothes, wheat, fruits, vegetables, electric appliances, metals, weapons, and vehicles
Slovenia: manufactured goods, machinery, chemicals, and food
Spain: machinery, motor vehicles, food, medicines, and pharmaceuticals
Andorra: tobacco and furniture
Albania: textiles, footwear, asphalt, metals, crude oil, fruits, vegetables, and tobacco
Bosnia & Herzegovina: metals, clothing, and wood products
Croatia: transport equipment, machinery, textiles, chemicals, food, and fuel
Greece: food, beverages, petroleum, textiles, and chemicals
Italy: textiles, clothing, chemicals, beverages, tobacco, and minerals
Macedonia: foodstuffs, beverages, tobacco, textiles, iron, and steel
Malta: machinery, petroleum, oil products, books, toys, games, and sports equipment
Montenegro: raw aluminum, refined petroleum, cars, and recreational boats
Portugal: foodstuffs, wine, oil products, plastic, rubber, leather, textiles, wood, cork, clothing, and footwear
San Marino: building stone, lime, wood, chestnuts, wheat, wine, baked goods, and ceramics
Serbia: iron, steel, rubber, clothes, wheat, fruits, vegetables, electric appliances, metals, weapons, and vehicles
Slovenia: manufactured goods, machinery, chemicals, and food
Spain: machinery, motor vehicles, food, medicines, and pharmaceuticals
Analysis of Economy of Southern Europe:
Since the end of communism in Europe, there has been an increase in the number of products imported and exported and the economic systems have changed. Southern Europe is an MDC because the vast majority of countries in the sub-region fall under the highest level of development, MDC. The economy has really started to thrive in the past few years. The HDI of Southern Europe is very high. The GDP of each of the countries of Southern Europe is quite high. The per capita income is medium ranged and has increased in the past few years, meaning that most of the countries have increased the amount of money each person earns.
Since the end of communism in Europe, there has been an increase in the number of products imported and exported and the economic systems have changed. Southern Europe is an MDC because the vast majority of countries in the sub-region fall under the highest level of development, MDC. The economy has really started to thrive in the past few years. The HDI of Southern Europe is very high. The GDP of each of the countries of Southern Europe is quite high. The per capita income is medium ranged and has increased in the past few years, meaning that most of the countries have increased the amount of money each person earns.
Effects of European Union:
The European Union has allowed for regulations of agricultural farming methods. This is an advantage of the EU because it allows for safe farming methods, while it is disadvantageous because it makes all small family farms change their ways. The European Union has helped a lot with education because the countries that are apart of the EU tend to have higher literacy rates or better education. A disadvantage of the EU is that it causes all small family farms with butchering methods that are inhuman or illegal to change them to fit regulations or else they can't sell the meat. The EU has opened up many trading partnerships with different countries and has improved the economies of those apart of it. The European Union has impacted Southern Europe through economy, regulation, and education.
The European Union has allowed for regulations of agricultural farming methods. This is an advantage of the EU because it allows for safe farming methods, while it is disadvantageous because it makes all small family farms change their ways. The European Union has helped a lot with education because the countries that are apart of the EU tend to have higher literacy rates or better education. A disadvantage of the EU is that it causes all small family farms with butchering methods that are inhuman or illegal to change them to fit regulations or else they can't sell the meat. The EU has opened up many trading partnerships with different countries and has improved the economies of those apart of it. The European Union has impacted Southern Europe through economy, regulation, and education.