International Businesses Destinations’ Demographic Analysis

Subject: Economics
Pages: 1
Words: 264
Reading time:
< 1 min

The population of the UAE is expected to increase with time. The National Bureau of Statistics estimated that the country’s population would be 8,190,000 people by 2010. 71% of the total population is comprised of people aged between fifteen and sixty-four years. This comprises the productive portion of the population thus giving the country an opportunity to improve its economic status. The country’s literacy level is high thus implying that its population is in a position to manage and improve the country’s economy in their different areas of specialization.

Vietnam comprises people from different ethnic backgrounds. For instance, there are people with a Chinese background. This section of the population is the one that controls sales of rice, the banking industry, and real estate. Despite the county’s population growth rate is low, it has been identified that life expectancy in the country is high. This implies that with time, the country’s labor force will be low while the number of dependants will increase. The stable economic growth of the country implies that Vietnam will heavily depend on imports thus being a future potential market for international investors.

Among the nations that make up BRIC states, the population of China and India has been found to rapidly increase. A stable economy and availability of health facilities in the states imply that life expectancy in these states will be high. Assertions that by 2050, the states will have over 200 million wealthy people are a clear indication that the states are potential markets for international investors.