The logistics performance index of Moldova is 2.65. It indicates a satisfactory performance - in general, traffic is handeled well, some flaws in certain areas are possible, but overall the logistics system performs reliably and is ready to handle predictable amounts of traffic.

Customs performance is rated at 2.46. It indicates a mediocre performance - although somewhat ineffective, clearence porcesses do not overly discourage international business activity, occasionally fees and/or documents needed may be unpredictable, long clearance time can also be a problem.

Infrastructure quality in Moldova is rated to be at 2.55. It indicates a satisfactory quality - roads, railroad, ports and other facilities are able to handle significant traffic at all times and are also suited to various types of transport vehicles and vessels.

International shipment quality is 3.14. It indicates a satisfactory performance - the services are adequate and the prices are not too high and usually accurately match the quality, although there is still room for improvement.

The competence of logistics service providers is valued at 2.44. The providers are of mediocre competence - they are able to ensure a certain degree of quality in their services, even excelling at times, although generally their performance may still be lacking in many aspects.

Tracking possibilities for shipments are rated at 2.35. It indicates a mediocre performance - the tracking systems provide some degree of information which usually includes the most necessary topics, such as the current location of a shipment, the dates of arrival and departure and the status of a shipment; still, more detailed information about the status and multi-language accessibility options are usually lacking.

Tracking possibilities for shipments are rated at 2.89. It indicates a satisfactory performance - most of the shipments arrive timely and within the scheduled time brackets; late arrivals are still possible, although uncommon.

In Moldova, 100% of the population has access to electricity. Moldova has 7 airports nationwide. There are 711,564 internet hosts in Moldova. The number of road motor vehicles per 1000 inhabitants in Moldova is 309.

Road network
The total road length in Moldova is 9,352 km (5,812 miles). Out of them 0 km (0 miles) of roads are classified as motorways, freeways, or autobahns.

Gas price
On average, you would pay 1.21 USD for one liter of gasoline in Moldova. One liter of diesel would cost 0.75 USD.

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Germany is a social market economy with a large capital stock, a highly qualified workforce, a high level of innovation and low levels of corruption. It is the largest economy in Europe and the fourth largest nation in the world in terms of nominal GDP. In addition to the intelligent economy and productive market structure, Germany also offers investment opportunities in its real estate segment.

What influences the German real estate market?
The volatility of the real estate market can be explained by numerous macroeconomic and social factors in the country. Due to the zero interest rate policy of the European Central Bank, mortgage interest rates remain at record lows and offer historically favorable financing conditions. In addition, the quantitative easing (QE) policy being pursued by the ECB is leading to higher liquidity, increasing investment pressure as investors seek potential investment opportunities with above-average returns in relatively safe sectors. QE is also weakening the euro, making the German real estate market even more attractive to investors from outside the euro zone.

New projects and construction activities lag far behind the growing demand, which leads to rising property prices. The German Property Index (GPI), which measures the return on all real estate investments in Germany, reached 14.7% in 2016, a record level since German reunification. The demand for high-quality real estate is increasing due to the demographic and overall economic development in Germany – ongoing urbanization and growing metropolitan areas. Germany is experiencing a positive reversal in birth rates and other demographic factors. The birth rate rose from 1.39 to 1.50 per woman between 2011 and 2015. In addition, Germany has a persistent migration surplus, which can partially compensate for the demographic imbalance.

Commercial real estate, especially office space, is also in high demand due to record employment and the low unemployment rate, and is also benefiting from increasing purchasing power and high consumer spending. Logistics and warehouse real estate is crucial for growing businesses and is therefore in high demand due to the increase in wholesale and retail trade. Below you will find an overview of the most important sectors of the German real estate market.

Residential real estate
The residential real estate market was able to recover from the financial crisis and market stagnation in the years after 2009. Residential property construction projects have risen steadily in recent years, resulting in around 277,000 completed residential units in 2016. 2015 Residential real estate With a total investment of EUR 170 billion, 60% of the total construction volume in Germany went into construction. Despite a significant increase in building permits issued (375,400 permits issued in 2016) and a record level of completed projects, demand still significantly exceeds the volume of completed residential projects.

Future prospects call for applications for new building permits to increase to 272,000 units per year by 2020 and further slow down to 230,000 units per year by 2030. Meanwhile, the number of residential properties could increase to 380,000 units in the short term due to increased immigration.

However, the demand for residential real estate differs greatly from region to region. In some regions, the gap between demand and supply could close soon, especially in eastern Germany. In some regions, especially in prosperous metropolitan areas, the available housing units will remain very scarce.

Along with the insufficient supply, the asking rents have risen accordingly. In large cities in particular, the trend towards rising rents is quite dynamic. For example, the annual growth rate of residential rents in Germany has been around 1.7% since 2004. In the meantime, rents in Berlin and Munich have risen by 3.9% and 3.5% annually, respectively. Both cities recorded an annual growth in purchase prices of 6% in this real estate sector.

Office Properties
Similarly as residential properties, also office properties’ market is in a good and forward-looking shape mainly due to positive migration balance and historically low unemployment rates. In 2016, approximately 3.9 million square meters of office space was rented in the top 7 cities in Germany. This indicates a growth of 12% in comparison to the previous period. A particularly dynamic development was observed in Frankfurt, Cologne and Stuttgart with growth rates ranging between 25% and 48.4%. Meanwhile, Hamburg, Dusseldorf, Munich and Berlin have experienced a cool-down in floor-space turnover in comparison to previous years.

The overall vacancy rate of office properties has decreased due to several factors: a dynamic demand, a slow expansion of floor space and high pre-letting rates. Across the top 7 cities mentioned above, the vacancy rate decreased by 0.7% points to 4.9%. In the top 7 real estate locations in Germany, the prime office rents range between 21 EUR/m2 and 37.50 EUR/m2 giving an attractive potential for investment return. This especially applies to Berlin, where rents have increased by more than 17% in comparison to 2015 reaching 28.7 EUR/m2. Currently, the highest office rents are in Frankfurt and Munich (37.50 EUR/m2 and 35 EUR/m2 accordingly).

Local investors retain the dominant market position accounting for around 60% of the total transaction activity in office property market. Meanwhile, foreign investors account for approximately two fifths (or 20.9 billion EUR) of the transaction volume.

In Panama, the form of government is a unitary constitutional presidential republic. In Panama, legislative power rests with a national assembly. The head of government is Juan Carlos Varela. A country's governmental structure determines the way laws are written, approved, and interpreted. The type of government determines the way elections are held as well as the country's system of policing its citizens. The term of office of the head of state in Panama lasts until January 1, 2019. The term of office of a head of state directly affects the power and influence of the executive branch. A longer term gives the head of state more authority. The term of office of the head of state in Panama lasts until January 1st, 2019. The length of a head of state's tenure directly affects the power and influence of the executive branch. A longer term gives the head of state more authority. The Global Peace Index (GPI) for Panama is 1.903. Due to the strong presence of the law enforcement authorities and the high level of social responsibility, Panama is very safe in international comparison. The Strength Laws Index for Panama is 7. Overall, it's considered fairly reasonable - bankruptcy and collateral laws are able to protect the rights of borrowers and lenders at least decently; Credit reports are usually sufficient and generally available. In 2013, Panama received $50.7 million in foreign aid. In 2014, foreign aid was $111.3.

Government
The head of government in Panama is Juan Carlos Varela. The system of government of Panama is a unitary constitutional presidential republic. In Panama, legislative power rests with a national assembly; This is a unicameral legislature and therefore a unicameral National Assembly. According to the World Bank Group, Panama's Government Effectiveness Index is 0.27. This shows that the government of Panama is mediocre. While some public and public services are limited, in other cases they can be considered adequate or even effective. Potential investors should carefully study the government situation in Panama before considering any business maneuvers.

Unions and alliances
This section provides a list of unions Panama is a part of.

Panama is a member of the United Nations (UN). Panama is a member of the World Trade Organization (WTO). Panama is a member of the International Monetary Fun (IMF). To learn more about when Panama became a member of these unions and what additional political unions and alliances Panama is a member of, click Panama's membership of international unions.

Freedom in Panama
In terms of political and civil liberties, Panama ranks 1st. Citizens in Panama experience total freedom. The majority of countries where citizens enjoy wide civil liberties and political liberties are representative democracies, where officials are directly elected by the citizens to advocate for their needs and wants. Free countries are often empowered by healthy economies and well-functioning governments.