Unemployment ImportGDP Descriptive Statistic

61 Table 4.4 Inflation in percent No Countries Name 2009 2010 2011 2012 2013 1 China -0.7 3.3 5.4 2.7 2.6 2 Germany 0.3 1.1 2.1 2 1.5 3 Hong Kong 0.6 2.3 5.3 4.1 4.4 4 Indonesia 4.8 5.1 5.4 4.3 6.4 5 Ireland -4.5 0.9 2.6 1.7 0.5 6 Italy 0.8 1.5 2.7 3 1.2 7 Japan -1.3 -0.7 -0.3 0.4 8 Malaysia 0.6 1.7 3.2 1.7 2.1 9 Philippines 4.2 3.8 4.6 3.2 3 10 Portugal -0.8 1.4 3.7 2.8 0.3 11 South Korea 2.8 3 4 2.2 1.3 12 Spain -0.3 1.8 3.2 2.4 1.4 13 Thailand -0.8 3.3 3.8 3 2.2 14 Vietnam 7.1 8.9 18.7 9.1 6.6 Source: data processed Table 4.4 shows that the lowest inflation rate resulted by Ireland in 2009, that is -4.5. Ireland has the lowest value of inflation rate measured by CPI because, at the time some of the Eurozone members, such as Ireland, Cyprus, and Greece have experienced falling prices in recent months. At that time, the demand of industrial goods outside the energy sector remains weak, this condition makes the price of those goods remains low. Meanwhile, the highest inflation rate resulted by Vietnam in 2011, that is 18.7. The high value of inflation rate in Vietnam led by the strong domestic demand and expanded monetary supply. Food and commodities make up a large share of household spending and increases in gasoline and power costs are fuel the inflation. Thus, the Vietnam inflation rate was 62 occur as an impact of the strong domestic demand and expanded monetary supply. Table 4.5 Unemployment Total measured in percent of total labor force in National estimate No Countries Name 2009 2010 2011 2012 2013 1 China 4.3 4.1 4.1 4.1 4.1 2 Germany 7.7 7.1 5.9 5.4 5.3 3 Hong Kong 5.2 4.3 3.4 3.3 3.1 4 Indonesia 7.9 7.1 6.6 6.1 6.3 5 Ireland 12.0 13.9 14.6 14.7 12.0 6 Italy 7.8 8.4 8.4 10.7 12.2 7 Japan 5.0 5.0 4.5 4.3 4.0 8 Malaysia 3.7 3.4 3.1 3.0 3.1 9 Philippines 7.5 7.3 7.0 7.0 7.1 10 Portugal 9.5 10.8 12.7 15.6 16.3 11 South Korea 3.6 3.7 3.4 3.2 3.1 12 Spain 18.0 20.1 21.6 25.0 26.4 13 Thailand 1.5 1.0 0.7 0.7 0.7 14 Vietnam 2.3 2.3 2.0 1.8 4.4 Source: data processed Table 4.5 shows that the lowest unemployment rate reached by Thailand in 2011, 2012, and 2013, that is 0.7. Thailand’s unemployment rate is low along with the development of the investment flow in Thailand. Different from the US and the other developing countries, Thailand is rely more on the labor intensive rather than the technological used. Thus, that makes the unemployment level on the Thailand is low. Meanwhile, the highest unemployment rate reached by Spain in 2013, that is 26.4. Spain has the highest value of unemployment rate, as an