Benchmark Country

Benchmark Country

A country against which the performances of other countries are compared, especially in economic analysis. A benchmark country may be chosen on basis of population, industrial base, and other similarities to other countries.
References in periodicals archive ?
The international scoring system uses six key dimensions listed below to benchmark country performance and gives an overall Logistics Performance Index (LPI), which is the weighted average of the country's six scores.
Equatorial Guinea, as a benchmark country in the production of crude, has taken various decisions in order to reach three million tons of methanol a day.
We make the hypothesis that the nominal interest rate is: [i.sub.k,t] = 3% and the indebtedness level: [d.sub.k,t-1] = 80% for the benchmark country of the monetary union, and that nominal growth rates are: [n.sub.i,t] = [n.sub.k,t] = 4% in the monetary union.
In the Gulf, he said the UAE is the benchmark country for the smartphone business and LG is focused to strengthen its position in the emirate by launching the G2 in Dubai.
The average country in the region spends 5.7% of GDP on maintaining low prices for these products, while an average benchmark country spends 1.3% of GDP on these subsidies.
When we use individual country dummies (Table 2, Column 1), we find that some countries prefer greater, some less, and some as much inequality as the benchmark country (US), controlling for all other independent variables.
Each estimate represents the most conservative calculation of the amount that FDI would increase in a country if it reduced its opacity to the level of the benchmark country. (See Figure 2.)
Comparisons with global benchmarks using purchasing power parity reveal that West Germany produces 30 percent fewer goods and services per capita than the benchmark country and has 20 percent lower labor productivity and 15 percent less employment per capita across the industries studied.
We are demonstrating that Equatorial Guinea is a benchmark country in Africa.
"Our benchmark country is Malaysia" says the Chairperson of Sharjah Business Women Council, Ameera bin Karam.
As there are methodological problems in cross-country comparisons of profit ratios etc due to different national definitions and tax systems emphasis here is placed on change rather than absolute size, and no benchmark country is chosen.