The total population of Tonga is 109,008 people. People in Tonga speak the Tongan, and English languages. The linguistic diversity of Tonga is diverse according to a fractionalization scale which for Tonga is 0.3782. The median age is approximately 22 years. Life expectancy in Tonga is 71. The female fertility rate in Tonga is 3.9. Around 58.% of the population of Tonga are obese. The ethnic diversity is almost uniform according to a fractionalization scale which for Tonga is 0.0869. To find out specifics of language, religion, age, gender distribution, and advancement of people in Tonga see the sections below, as well as visit the section concerning the education in the country.
Population In Tonga, the population density is 145 people per square kilometer (377 per square mile). Because of this statistic, this country is considered to be densely populated. The total population of Tonga is 109,008 people. Tonga has approximately 5,731 foreign immigrants. Immigrants in Tonga represent 0.1 percent of the total number of immigrants in the world. Immigrants in Tonga represent 4.8 percent of the total number of immigrants in the world. The ethnic diversity of Tonga is almost uniform according to a fractionalization scale based on ethnicity. Ethnic fractionalization (EF) deals with the number, sizes, socioeconomic distribution, and geographical location of distinct cultural groups, usually in a state or some otherwise delineated territory. Specific cultural features might refer to language, skin color, religion, ethnicity, customs and traditions, history, or other distinctive criteria, alone or in combination. Frequently, these features are used for social exclusion and the monopolization of power. The index of ethnic fractionalization in Tonga is 0.0869. This means that the people living in Tonga are coming from a narrow group of ethnicities, all of which are related to one another. EF is usually measured as 1 minus the Herfindahl concentration index of ethnolinguistic group shares, which reproduces the probability that two randomly drawn individuals from the population belong to different groups. The theoretical maximum of EF of 1 means that each person belongs to a different group. Read below for statistics of Tonga on median age and gender distribution at various ages.
Age The median age is approximately 22 years. The median age for men is 21.6, while the median age for women is 22.5.
Gender The sex ratio, or the number of males for each female (estimated at birth), is 1.05. It can be further divided into the following categories: sex ratio under 15 - 1.04; sex ratio from 15 to 64 - 0.99; sex ratio over 64 - 0.71; total sex ratio - 0.99. Total sex ratio is different from sex ratio estimated at birth. This is due to the fact that some newborns are considered in the sex ratio estimated at birth but pass away within the first weeks of their life and are not included in the total sex ratio.
Religion The majority religion of Tonga is Christianity, the followers of which comprise 98.9% of all religious believers in the country. Christianity is an Abrahamic monotheistic religion based on the life and teachings of Jesus Christ as presented in the New Testament. Christianity is the world's largest religion, with over 2.4 billion adherents, known as Christians. Christians believe that Jesus is the Son of God and the savior of humanity whose coming as Christ or the Messiah was prophesied in the Old Testament. The religious diversity of Tonga is rather diverse according to a fractionalization scale based on the number of religions in Tonga. The index of religious fractionalization in Tonga is 0.6214. This score means that there are several major religions distributed evenly within Tonga.
General development Tonga is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. As a developing nation, Tonga may not be able to offer consistent social services to its citizens. These social services may include things like public education, reliable healthcare, and law enforcement. Citizens of developing nations may have lower life expectancies than citizens of developed nations. In Tonga, 34.86 in every 100 people use internet. Tonga has a Human Development Index (HDI) of 0.705. Tonga has an upper medium HDI score. This indicates that the majority of citizens will be able to attain a desirable life, though some citizens will not be able to achieve high living standards. The migration rate in Tonga is -17.84%. In Tonga, 24% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Tonga is fairly high, but is not reason for complete concern with regard to investments. Potential financial backers should look at other economic markers, including GDP, urbanization rate, and strength of currency, before making any decisions regarding investments.
Language People in Tonga speak the Tongan, and English languages. The linguistic diversity of Tonga is diverse according to a fractionalization scale based on the number of unrelated languages spoken in Tonga. The index of linguistic fractionalization in Tonga is 0.3782. This means that there are a few major languages spoken in Tonga. Unrelated languages share few characteristics of grammatical structure, vocabulary, and etymological heritage. Linguistic diversity often results in issues of social and cultural fractionalization that can impact a country’s political circumstance and public policies.
CYPRUS The intellectual property royalties tax regime in Cyprus has changed as a result of the recommendations of the Organization for Economic Co-operation and Development (OECD) Action Report 5 and the Ecofin Council conclusions published on 8 December 2015. Legislation has been changed to limit the companies that can benefit from research and development (R&D) exemptions, but the tax rate in Cyprus is still one of the most favorable in the EU for foreign companies using Cyprus intellectual property want to license -resident companies (intermediaries), where this right is then sub-licensed to the end user. Overall, the effective tax on IP royalty income should be less than 2.5%.
IRELAND In 2015 Ireland introduced an effective corporation tax rate of 6.25% on intellectual property income based on an allowance for research and development costs borne by the company. By linking the two components in this way, Irish law encourages companies to conduct R&D directly within the EU - leading to the creation of intellectual property - while discouraging them from acquiring licenses without directly committing to R&D.
BELGIUM Belgium has introduced a tax system that favors those with income from acquired copyrights. This tax regime can have many different applications and can be used to protect artworks as well as a useful tax break for IT developers. Income from IP rights royalties is taxed at 15%. This income is not taken into account when calculating social security contributions. In addition, these taxes are reduced by 50% for imports due to the application of standard import costs. The first €15,000 that a copyright owner earns in a year is therefore taxed at 7.5%, and the next €15,000 at 11.25%. This tax system applies to people with a total annual income of up to 56,450 euros.
LUXEMBOURG In general, corporate tax in Luxembourg is 29.22%, but for IP licensing income it can be as low as 5.8%. This is due to an 80% corporate income tax exemption. Interestingly, this exemption also applies to companies that have registered a patent for use in connection with their own business, which then calculate a notional net income as if they had received the licensing income.
ITALY Italy is a larger market compared to the other countries discussed and can be a very attractive place for a company to invest in R&D since 2015 companies have been able to deduct intellectual property income from their taxable income base. The tax deduction was set at 30% in 2015, 40% in 2016 and 50% from 2017. Businesses will therefore enjoy a significant tax rebate by reducing their taxable income.
THE NETHERLANDS Since 2010, IP income has been taxed at only 5% in the Netherlands. Except for patents, there is no income limit. Patent holders can actually have access to this tax regime if their share of the expected revenue is between 30% and 70%, taking into account the total combined revenue from patents and other sources. These rates also apply to foreign companies owning intangible assets or companies that have received research and development accreditation from the Dutch Ministry of Economic Affairs if they are owners of software IP or trade secrets. The only other caveat to this favorable tax regime is that it doesn't apply to marketing and branding-related assets.
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Iceland. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates, tax laws, and fees vary depending on the specific country in which you are investing; careful research and strategic financial moves could result in significant portfolio growth.
When considering opening a bank account in Iceland, one must enlist the help of international experts to guide them through the process.
Legal structures in Iceland Every international jurisdiction abides by a different set of legal structures for taxation and banking. Confidus Solutions helps you to understand the nuances of each country's legal structures. To do business in Iceland, it will be critical for you to have a firm grasp on the financial and legal implications.
Initial investments The vast majority of bank accounts in Iceland will require an initial financial outlay to secure account opening. This value differs from bank to bank and also depends on variable rates of currency exchange. An international finance expert will help to navigate these conversions as well as the assorted fees and minimums involved in sustaining a bank account. Be sure to understand interest and growth rates associated with any potential international bank account so that you are able to maximize your earnings while minimizing risk.
Tax structures in Iceland For best results and to avoid bureaucratic and legal pitfalls, enlist the support of an expert in international finance and economics. This initial investment in proper processes and research will help to avoid a litany of long-term costs and fees associated with unforeseen errors and legal miscues. Language expertise, financial knowhow, and bureaucratic experience will ensure that your account opening is handled smoothly and without unintended consequences.
Major industries in the country are agricultural products, livestock, raw materials, machinery and equipment, transport equipment, construction materials, medical equipment, pharmaceuticals, chemicals, iron and steel products, crude oil and petroleum products. The Industrial Production growth rate of Venezuela is -8%.8.1% of population in the country are unemployed. The total number of unemployed people in Venezuela is 2,622,879. Venezuela produces 127,600 GW/h of electricity each year. Venezuela emits 6.4 metric tons per capita of CO₂. On average, you would pay 0.02 USD for one liter of gasoline in Venezuela. One liter of diesel would cost 0.01 USD.
Labour The total labor force of Venezuela is 14,732,950 people, wherein 13% are working in agriculture, 23% are working in industry, and 64% are employed in services. People in Venezuela speak the Spanish language.
Adult literacy rate in Kuwait is 96.3%. Male literacy is 96.5%. Female literacy is 95.8%. Therefore, male literacy and female literacy differ by 0.7%. Government expenditure on education is 3.8% of GDP. The education index of Kuwait is 0.646 - formal education levels in the country are average, but most of the population has a secondary school education at least; higher education is possible and not uncommon. People in Kuwait speak the Modern Standard Arabic language.
The total population of Norway is 5,353,363 people. The people of Norway speak the Norwegian, Nynorsk and Bokmål languages. The linguistic diversity of Norway is vaguely diverse according to a fractionation scale, which is 0.0673 for Norway. The average age is around 39.1 years. Life expectancy in Norway is 82. Female fertility rate in Norway is 1.8. About 10% of the Norwegian population is obese. Ethnic diversity is nearly uniform according to a fractionation scale, which for Norway is 0.0586. Details of the language, religion, age, gender distribution and advancement of the people of Norway can be found in the sections below, as well as the section on education in the country.
Population In Norway, the population density is 15.6 people per square kilometer (41 per square mile). Based on these statistics, this country is considered sparsely populated. The total population of Norway is 5,353,363 people. Norway has approximately 741,813 foreign immigrants. Immigrants in Norway make up 0.3 percent of the total number of immigrants worldwide. Immigrants in Norway account for 13.8 percent of the total number of immigrants worldwide. The ethnic diversity of Norway is nearly uniform according to a fractionation scale based on ethnicity. Ethnic Fractionation (EF) deals with the number, size, socioeconomic distribution, and geographic location of diverse cultural groups, usually within a state or some other demarcated area. Specific cultural characteristics can refer to language, skin color, religion, ethnicity, customs and traditions, history, or other distinctive criteria, alone or in combination. These characteristics are often used for social exclusion and power monopolization. The index of ethnic fractionation in Norway is 0.0586. This means that the people living in Norway come from a narrow group of ethnic groups, all of which are related to one another. EF is usually measured as 1 minus the Herfindahl concentration index of ethnolinguistic group proportions, which reflects the probability that two randomly drawn individuals from the population belong to different groups. The theoretical maximum of EF of 1 means that each person belongs to a different group. Read Norway's median age and gender distribution statistics at different ages below.
Manufacturing is the largest economic sector in the world, which is also one of the most important, directly and indirectly accounting for a large part of all economic activity and all jobs worldwide. It processes items and is dedicated to either creating new goods or adding value by producing finished goods for sale to customers or intermediate goods to be used in the production process. After the industrial revolution that began in Britain a few centuries ago, labour-intensive textile production was successfully replaced by mechanization and the use of fuel. Today, manufacturing creates jobs, technological development and an increase in international investment.
For this reason, some jurisdictions are leveraging manufacturing output and value-added exports to increase their operations, business performance and revenue, and to address the challenges and opportunities that manufacturers face every day in conducting their businesses.
According to Deloitte's 2016 Global Manufacturing Competitiveness Index, China, the United States, Germany, Japan and South Korea are ranked as the top five most competitive manufacturing countries in the world. These countries generate about 60% of global manufacturing GDP.
China Canada and its provinces compete on a global scale for investments that result in low production costs, low wages for factory workers, and the adoption of globally popular product mandates. As a result, there are some significant trends in Chinese manufacturing that can easily be highlighted. These trends include creating a globally competitive, expansive manufacturing business model, helping to create a competitive business environment for manufacturing in China and increasing sales in domestic and overseas markets. This fact can encourage start-ups to grow, invest and compete with other successful manufacturing companies.
United States The United States is successful in attracting investment in many of the world's most active industries, such as aerospace, auto assembly, pharmaceuticals, to name a few. The USA has signed an agreement with Germany to implement a dual vocational training program for the advanced manufacturing sector. US business policies focus primarily on technology transfer, sustainability, monetary control, and science and innovation, giving manufacturing companies (automotive in Detroit and high-tech in Silicon Valley) a competitive advantage.
Germany Germany retains a relatively high share of manufacturing exports. The country provides long-term support in government-sponsored science labs and national programs created to foster manufacturing innovation in areas such as solar and wind power and renewable energy (renewable energy sources accounted for 28% of the country's electricity generation in 2014). In addition to an energy revolution in the manufacturing industry, the country is striving to phase out nuclear energy.
Japan Japan has a technology-intensive manufacturing sector that dominates the global manufacturing landscape in most advanced economies. The country maintains manufacturing competitiveness as there is a close link between manufacturing competitiveness and innovation. Japan has strong potential to become one of the most advanced manufacturing jurisdictions in the world. The Robot Revolution Realization Council was established in the country in 2014 as part of the Japan Revitalization Plan, introducing infrastructure and energy resources for next-generation vehicles. Japanese companies account for 50% of the global factory robot market.
South Korea As the world leader in the manufacture of liquid crystal displays (LCD), smartphones and memory chips, automobiles, and the world's largest shipbuilder, South Korea is actively pursuing growth in free trade agreements with more than 50 countries. The country invests heavily in education and produces a large number of researchers every year. It is also known that supporting manufacturing innovation in South Korea with venture capital investments to boost high-tech startups is identified as a strategic priority.
» Search for TimothyHughes's content
Wed Aug 28, 2024 6:47 pm
