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Global Economic Output
The gross world product (GWP), also known as gross world income (GWI), is the combined gross national income (previously, the "gross national product") of all the countries in the world. Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product (GDP).See measures of national income and output for more details. According to the World Bank, the 2013 nominal GWP was approximately 75.59 trillion United States dollars. In 2017, according to the CIA's ''World Factbook'', the GWP was around $80.27 trillion in nominal terms and totaled approximately 127.8 trillion international dollars in terms of purchasing power parity (PPP). The per capita PPP GWP in 2017 was approximately 17,500 international dollars according to the ''World Factbook''. According to the World Bank, the 2020 GWP in current dollars was approximately $84.705 trillion. Recent growth The table below gives recent percentage val ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross National Income
The gross national income (GNI), previously known as gross national product (GNP), is the total amount of factor incomes earned by the residents of a country. It is equal to gross domestic product (GDP), plus factor incomes received from non-resident by residents, minus factor income paid by residents to non-resident. In contrast to GDP, GNI is not a concept of value added, but a concept of income. GNI is the basis of calculation of the largest part of contributions to the Budget of the European Union. In February 2017, Ireland's GDP became so distorted from the base erosion and profit shifting ("BEPS") tax planning tools of U.S. multinationals, that the Central Bank of Ireland replaced Irish GDP with a new metric, Irish Modified GNI (or "GNI*"). In 2017, Irish GDP was 162% of Irish Modified GNI. GNI contrast with net national income : NNI = GNI - Depreciation The Atlas method can be applied to correct for fluctuating exchange rates. History and name change Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trillion
''Trillion'' is a number with two distinct definitions: *1,000,000,000,000, i.e. one million 1,000,000, million, or (ten to the twelfth Exponentiation, power), as defined on the long and short scales, short scale. This is now the meaning in both American and British English. *Orders of magnitude (numbers)#1018, 1,000,000,000,000,000,000, i.e. (ten to the eighteenth power), as defined on the long and short scales, long scale. This is one million times larger than the short scale trillion. This is the historical meaning in English and the current use in many non-English-speaking countries where ''trillion'' and ''billion'' (ten to the twelfth power) maintain their long scale definitions. Usage Originally, the United Kingdom used the long scale trillion. However, since 1974, official UK statistics have used the short scale. Since the 1950s, the short scale has been increasingly used in technical writing and journalism, although the long scale definition still has some limited u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Population
In demographics of the world, world demographics, the world population is the total number of humans currently alive. It was estimated by the United Nations to have exceeded eight billion in mid-November 2022. It took around 300,000 years of human prehistory and human history, history for the human population to reach a billion and only 218 more years to reach 8 billion. The human population has experienced Population growth, continuous growth following the Great Famine of 1315–1317 and the end of the Black Death in 1350, when it was nearly 370,000,000. The highest global List of countries by population growth rate, population growth rates, with increases of over 1.8% per year, occurred between 1955 and 1975, peaking at 2.1% between 1965 and 1970. The growth rate declined to 1.1% between 2015 and 2020 and is projected to decline further in the 21st century. The global population is still increasing, but there is significant uncertainty about its long-term trajectory due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Economy
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production (economics), production, consumption (economics), consumption, management, economic management, Work (human activity), work in general, financial transactions and trade of goods and services. In some contexts, the two terms are distinct: the "international" or "global economy" is measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange, the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of planet Earth. It is common to limit questions of the world economy exclusively to Economics, human economic activit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By Real GDP Growth Rate
This article includes lists of countries and Dependent territory, dependent territories sorted by their real gross domestic product economic growth, growth rate; the rate of growth of the total value of all final goods and services produced within a state in a given year compared with the previous year. The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person taking into account the List of countries by population growth rate, changing population of the country. List of countries by GNI per capita growth measures changes in gross national income per capita. List (2024) As referenced in the introductory paragraph, the figures in the following list are from the International Monetary Fund World Economic Outlook Database (2024) unless otherwise specified. Growth by countries and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By GDP (PPP)
GDP (PPP) means gross domestic product based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP). Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates. The data given on this page are based on the international dollar, a standardized unit used by economists. Certain regions that are not widely considered countries such as Hong Kong also show up in the list if they are distinct jurisdiction areas or economic entities. GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing the domestic market of a state because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real differences in per capita income. It is however limited when measuring financial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By GDP (nominal)
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. Comparisons of national wealth are also frequently made based on purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Other metrics, nominal GDP per capita and a corresponding GDP (PPP) per capita, are used for comparing national standard of living. On the whole, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compound Annual Growth Rate
Compound annual growth rate (CAGR) is a business, economics and investing term representing the mean annualized growth rate for compounding values over a given time period. CAGR smoothes the effect of volatility of periodic values that can render arithmetic means less meaningful. It is particularly useful to compare growth rates of various data values, such as revenue growth of companies, or of economic values, over time. Equation For annual values, CAGR is defined as: :\mathrm(t_0,t_n) = \left( \frac \right)^\frac - 1 where V(t_0) is the initial value, V(t_n) is the end value, and t_n - t_0 is the number of years. CAGR can also be used to calculate mean annualized growth rates on quarterly or monthly values. The numerator of the exponent would be the value of 4 in the case of quarterly, and 12 in the case of monthly, with the denominator being the number of corresponding periods involved. In practice, CAGR calculations are often performed in Microsoft Excel. A convenient ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Long And Short Scale
The long and short scales are two power of 10, powers of ten number naming systems that are consistent with each other for smaller order of magnitude, numbers, but are contradictory for larger numbers. Other numbering systems, particularly in East Asia and South Asia, have large number naming that differs from both the long and short scales. Such numbering systems include the Indian numbering system and Chinese numerals, Chinese, Japanese numerals#Powers of 10, Japanese, and Korean Peninsula, Korean numerals. Much of the remainder of the world adopted either the short or long scale. Countries using the long scale include most countries in continental Europe and most that are Geographical distribution of French speakers, French-speaking, Geographical distribution of German speakers, German-speaking and Hispanophone, Spanish-speaking. Use of the short scale is found in most Anglophone, English and Arabic speaking countries, most Eurasian post-communist countries and Brazil. F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate economic stability, stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and poverty reduction, reduce poverty around the world." Established in July 1944 at the Bretton Woods Conference, primarily according to the ideas of Harry Dexter White and John Maynard Keynes, it started with 29 member countries and the goal of reconstructing the international monetary systems, international monetary system after World War II. In its early years, the IMF primarily focused on facilitating fixed exchange rates across the developed worl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Per Capita
''Per capita'' is a Latin phrase literally meaning "by heads" or "for each head", and idiomatically used to mean "per person". Social statistics The term is used in a wide variety of social science, social sciences and statistical research contexts, including government statistics, economic indicators, and built environment studies. It is commonly used in the academic discipline, field of statistics in place of saying "per person" (although ''per caput'' is the Latin for "per head"). It is also used in will and testament, wills to indicate that each of the named beneficiary, beneficiaries should receive, by devise or bequest and devise, bequest, equal shares of the estate. This is in contrast to a ''per stirpes'' division, in which each branch (Latin: ''stirps'', : ''stirpes'') of the inheritance, inheriting family inherits an equal share of the estate (law), estate. This is often used with the '2-0 rule', a statistical principle that determines which group is larger ''per capit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Sovereign States
The following is a list providing an overview of sovereign states around the world with information on their status and recognition of their sovereignty. The 205 listed states can be divided into three categories based on membership within the United Nations System: 193 member states of the United Nations, UN member states, two United Nations General Assembly observers#Current non-member observers, UN General Assembly non-member observer states, and ten other states. The ''sovereignty dispute'' column indicates states having undisputed sovereignty (188 states, of which there are 187 UN member states and one UN General Assembly non-member observer state), states having disputed sovereignty (15 states, of which there are six UN member states, one UN General Assembly non-member observer state, and eight de facto states), and states having a political status of the Cook Islands and Niue, special political status (two states, both in associated state, free association with New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
