Comparative analysis of the level and the gap in the level of economic development of the EFTA countries, the EU 6 countries, the Benelux countries

Abstract

The experience of the creation and functioning of the European Free Trade Association (EFTA), the European Union (EU), the Benelux Union (Benelux) is of great interest from the point of view of solving the problems of creating and developing such associations of several countries. Therefore, this study was devoted to a comparative analysis of the level of economic development of the EFTA countries, the founding countries of the EU (the EU6 countries), the Benelux countries. In the course of the study, the maximum and minimum values of the indicators of the dynamics of economic development of the EFTA countries, the EU6 countries, the Benelux countries for 2015 and 2021 were determined. This made it possible to obtain quantitative estimates of the level of economic development of the studied countries and with the help of these estimates to conduct a comparative analysis of the level of economic development, including analysis of the gap in the level of economic development, the EFTA countries, the EU6 countries, the Benelux countries. Conclusions are drawn about the level of economic development of the studied, about the gap in the level of economic development of these highly developed.