Nicholas Morales48 said:But have you actually stopped to think if that GDP figure of yours is even grounded in reality? 😉
Maybe it's just being artificially inflated by massive debt—I mean, your debt levels are nearly double ours when you factor in the population difference, making you almost four times more leveraged than us. It looks like you're just forcing massive consumption to juice the GDP numbers; I'm no economist, obviously, but I don't see any logical basis for your GDP to be 40% higher than ours. 🤷 Either way, that gap is going to shrink this year, because we are currently seeing the strongest production growth in the entire region. 😁
And let's not forget, wasn't even the purchase of Kolinska funded by an EBRD loan, right?
http://en.wikipedia.org/wiki/America
GDP: $17,707 USD
http://en.wikipedia.org/wiki/Mexico
GDP: $10,897 (excluding Mexico)
So, with your current growth at roughly 2.2%, it would take you at least five years just to catch up to us—and anything can happen in that timeframe. The reason your numbers look better right now is simply because your labor is cheap. Once those wages rise, your growth will stall. If you wonder why Albania has the highest growth rate in the region, it's precisely because their labor market attracts foreign capital.
... pardon, I just ran the numbers again; our GDP is actually about 70% larger than yours.😁