World economy
Interest
| List of the 25 largest economies by GDP (nominal) in 2014 | List of the 25 largest economies by GDP (PPP) in 2014 | List of the 25 largest economies by contribution to global economic growth by GDP (nominal) in 2014 | List of the 25 largest economies by contribution to global economic growth by GDP (PPP) in 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Twenty Largest Economies in the World by Nominal GDP[edit]
The following is a list of the twenty largest economies by nominal GDP at a specific year according to International Monetary Fund.
Twenty Largest Economies in the World by PPP GDP (IMF and CIA World Factbook)[edit]
The following is a list of twenty largest economies by GDP (PPP) at a specific year according to the CIA World Factbook and the International Monetary Fund.
Twenty Largest Economies in the World by PPP GDP (World Bank)[edit]
Data from the World Bank differs from the other two sources.
1980 – 1990 – The European Economic Community, the United States and Japan lead expansion[edit]
At exchange rates, the global economic output expanded by US$11.5 trillion from 1980 to 1990. The five largest contributors to global output contraction are Argentina, Saudi Arabia, Nigeria, the Democratic Republic of the Congo, and Venezuela. At purchasing power parity, the global economic output expanded by US$13.7 trillion from 1980 to 1990. The following two tables are lists of the 20 largest contributors to global economic growth from 1980 to 1990 by International Monetary Fund.
| List of the 20 Economies with the Greatest Contribution to Global Economic Growth in nominal GDP from 1980 to 1990 | List of the 20 Economies with the Greatest Contribution to Global Economic Growth in GDP (PPP) from 1980 to 1990 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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1990 – 2000 – United States dominates expansion[edit]
At exchange rates, the global economic output expanded by US$10.4 trillion from 1990 to 2000. At purchasing power parity, the global economic output expanded by US$22.0 trillion from 1990 to 2000.
| List of the 20 Economies with the Greatest Contribution to Global Economic Growth in nominal GDP from 1990 to 2000 | List of the 20 Economies with the Greatest Contribution to Global Economic Growth in GDP (PPP) from 1990 to 2000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2000 – 2010 – Rise of Developing and Emerging Economies[edit]
At exchange rates, the global economic output expanded by US$31.6 trillion from 2000 to 2010. At purchasing power parity, the global economic output expanded by US$38.9 trillion from 2010 to 2010.
IMF's economic outlook for 2010 noted that banks faced a "wall" of maturing debt, which presents important risks for the normalization of credit conditions. There has been little progress in lengthening the maturity of their funding and, as a result, over $4 trillion in debt is due to be refinanced in the next 2 years.`
While there have been some encouraging signs of economic recovery, especially in the United States, the global economic growth seems to be losing momentum. According to the IMF's World Economic Outlook report puplished in April 2012, "global growth is projected to drop from about 4 percent in 2011 to about 3½ percent in 2012 because of weak activity during the second half of 2011 and the first half of 2012."
The following two tables are lists of the 20 largest contributors to global economic growth from from 2000 to 2010 by International Monetary Fund.
| List of the 20 Economies with the Greatest Contribution to Global Economic Growth in nominal GDP from 2000 to 2010 | List of the 20 Economies with the Greatest Contribution to Global Economic Growth in GDP (PPP) from 2000 to 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2010 – 2019 – China, the United States, the European Union, and India lead economic growth (estimates by IMF)[edit]
At exchange rates, the economic output of the world is expected to expand by US$36.9 trillion, €29.1 trillion from 2010 to 2019. The following two tables are predictive lists of the 50 countries with the largest contribution to global economic growth from 2010 to 2019 by International Monetary Fund.
| Predictive List of the 50 Economies with the Greatest Contribution to Global Economic Growth in Nominal GDP from 2010 to 2019 | Predictive List of the 50 Economies with the Greatest Contribution to Global Economic Growth in GDP (PPP) from 2010 to 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Statistical indicators[edit]
Economy[edit]
- GDP (GWP) (gross world product): (purchasing power parity exchange rates) – $59.38 trillion (2005 est.), $51.48 trillion (2004), $23 trillion (2002)
- GDP (GWP) (gross world product):(market exchange rates) – $60.69 trillion (2008)
- GDP – real growth rate: 3.2% (2008), 3.1% p.a. (2000–07), 2.4% p.a. (1990–99), 3.1% p.a. (1980–89)
- GDP – per capita: purchasing power parity – $9,300, €7,500 (2005 est.), $8,200, €6,800 (92) (2003), $7,900, €5,000 (2002)
- World median income: purchasing power parity $1,041, €950 (1993)
- GDP – composition by sector: agriculture: 4%; industry: 32%; services: 64% (2004 est.)
- Inflation rate (consumer prices): developed countries 1% to 4% typically; developing countries 5% to 60% typically; national inflation rates vary widely in individual cases, from declining prices in Japan to hyperinflation in several Third World countries (2003)
- Derivatives OTC outstanding notional amount: $601 trillion (Dec 2010) ([11])
- Derivatives exchange traded outstanding notional amount: $82 trillion (June 2011) ([12])
- Global debt issuance: $5.187 trillion, €3 trillion (2004), $4.938 trillion, €3.98 trillion (2003), $3.938 trillion (2002) (Thomson Financial League Tables)
- Global equity issuance: $505 billion, €450 billion (2004), $388 billion. €320 billion (2003), $319 billion, €250 trillion (2002) (Thomson Financial League Tables)
Employment[edit]
- Unemployment rate: 8.7% (2009 est.). 30% (2007 est.) combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%–12% unemployment.
Industries[edit]
- Industrial production growth rate: 3% (2002 est.)
Energy[edit]
- Yearly electricity – production:21,080,878 GWh (2011 est.), 15,850,000 GWh (2003 est.), 14,850,000 GWh (2001 est.)
- Yearly electricity – consumption:14,280,000 GWh (2003 est.), 13,930,000 GWh (2001 est.)
- Oil – production: 79,650,000 bbl/d (12,663,000 m/d) (2003 est.), 75,460,000 barrels per day (11,997,000 m/d) (2001)
- Oil – consumption: 80,100,000 bbl/d (12,730,000 m/d) (2003 est.), 76,210,000 barrels per day (12,116,000 m/d) (2001)
- Oil – proved reserves: 1.025 trillion barrel (163 km³) (2001 est.)
- Natural gas – production: 3,366 km³ (2012 est.), 2,569 km³ (2001 est.)
- Natural gas – consumption: 2,556 km³ (2001 est.)
- Natural gas – proved reserves:161,200 km³ (1 January 2002)
Cross-border[edit]
- Yearly exports: $12.4 trillion, €8.75 trillion (2009 est.)
- Exports – commodities: the whole range of industrial and agricultural goods and services
- Exports – partners: US 12.7%, Germany 7.1%, China 6.2%, France 4.4%, Japan 4.2%, UK 4.1% (2008)
- Yearly imports: $12.29 trillion, €9 trillion (2009 est.)
- Imports – commodities: the whole range of industrial and agricultural goods and services
- Imports – partners: China 10.3%, Germany 8.6%, US 8.1%, Japan 5% (2008)
- Debt – external: $56.9 trillion, €40 trillion (31 December 2009 est.)
Gift economy[edit]
- Yearly economic aid – recipient: Official Development Assistance (ODA) $50 billion, €39.5 billion
Communications[edit]
Telephones – main lines in use: 843,923,500 (2007)
4,263,367,600 (2008)
- Telephones – mobile cellular: 3,300,000,000 (Nov. 2007)
- Internet Service Providers (ISPs): 10,350 (2000 est.)
- Internet users: 1,311,050,595 (January 18, 2008 [13] est.), 1,091,730,861 (December 30, 2006 est.), 604,111,719 (2002 est.)
Transport[edit]
Transportation infrastructure worldwide includes:
-
- Total: 41,821 (2013)
- Roadways (in kilometres)
- Total: 32,345,165 km
- Paved: 19,403,061 km
- Unpaved: 12,942,104 km (2002)
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- Total: 1,122,650 km includes about 190,000 to 195,000 km of electrified routes of which 147,760 km are in Europe, 24,509 km in the Far East, 11,050 km in Africa, 4,223 km in South America, and 4,160 km in North America.
Military[edit]
- World military expenditure in 2012: estimated to $1.756 trillion
- Military expenditures – percent of GDP: roughly 2% of gross world product (1999).
Economic Studies[edit]
To promote exports, many government agencies publish on the web economic studies by sector and country. Among these agencies include the USCS (US DoC) and FAS (USDA) in the United States, EDC and AAFC in Canada, Ubifrance in France, UKTI in the UK, HKTDC and JETRO in Asia, Austrade and NZTE in Oceania. Through Partnership Agreements, The Federation of International Trade Associations publishes studies from several of these agencies (USCS, FAS, AAFC, UKTI, HKTDC), as well as other non-governmental organizations on its website GlobalTrade.net.
See also[edit]
- Economic history of the world
- Common Wealth: Economics for a Crowded Planet (book)
- Global workforce
- Globality
- Globalization
- Global financial system
- Trade route
- World Trade Report
- Emerging and growth-leading economies
Regional economies:
- Economy of Africa
- Economy of Asia
- Economy of Europe
- Economy of North America
- Economy of Oceania
- Economy of South America
Events:
Lists:
- List of countries by GDP sector composition
- List of world's largest economies (nominal) – based on current currency market exchange rates
- List of world's largest economies (PPP) – based on purchasing power parity
- Historical list of world's largest economies (nominal) – for the years between 1998 and 2003
- Historical list of world's largest economies (PPP) – for the years between 1 and 1998
- List of world production
References[edit]
- ^ "IMF". imf.org. Retrieved 2014-10-10.
- ^ http://www.forbes.com/billionaires/list. Forbes.
- ^http://siteresources.worldbank.org/ICPEXT/Resources/ICP_2011.html
- ^ [1] IMF nominal GDP Data (October 2014)
- ^ [2] IMF GDP (PPP) Data (October 2014)
- ^ [3] IMF GDP (nominal) 2013 and 2014 Data (October 2014)
- ^ [4] IMF GDP (PPP) 2013 and 2014 Data (October 2014)
- ^ "Gross domestic product, current prices". International Monetary Fund. International Monetary Fund. 2014. Retrieved October 7, 2014.
- ^ "Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP; Current international dollar". International Monetary Fund. October 2014. Retrieved October 7, 2014.
- ^ "GDP (PURCHASING POWER PARITY)". CIA World Factbook. CIA World Factbook. 2014. Retrieved October 7, 2014.
- ^ "GDP, PPP (current international $)". World Bank. World Bank. Retrieved July 2, 2014.
- ^ Republic of the Soviet Union
- ^ Republic of the Soviet Union
- ^ [5] IMF nominal GDP Data (October 2014)
- ^ [6] IMF GDP (PPP) Data (October 2014)
- ^ "p.11" (PDF). Retrieved 2012-07-17.
- ^http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf
- ^ [7] IMF nominal GDP Data (October 2014)
- ^ [8] IMF GDP (PPP) Data (October 2014)
- ^ "IMF World GDP Data (October 2014)". Imf.org. 2014-10-09. Retrieved 2014-10-09.
- ^ [9] IMF nominal GDP Data (October 2014)
- ^ [10] IMF GDP (PPP) Data (October 2014)
- ^ "IMF World Economic Outlook, Crisis and Recovery, April 2009". Imf.org. 2009-04-16. Retrieved 2012-07-17.
- ^ B. Milanovic (January 2002). "True World Income Distribution, 1988 and 1993: First Calculation Based on Household Surveys Alone". Retrieved 13 May 2011.
- ^ http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=2&pid=2&aid=12
- ^ http://www.eia.gov/cfapps/ipdbproject/iedindex3.cfm?tid=3&pid=3&aid=1&cid=regions&syid=2008&eyid=2012&unit=BCF
- ^ global cellphone penetration reaches 50 percent
- ^ "World Internet Usage Statistics News and World Population Stats". Internetworldstats.com. Retrieved 2012-07-17.
- ^ https://www.cia.gov/library/publications/the-world-factbook/fields/2053.html
- ^ http://www.sipri.org/yearbook/2013/03
External links[edit]
- OECD – Economic Outlook
- IMF – World Economic Outlook
- UN DESA – World Economy publications
- CIA – The World Factbook – World
- Career Education for a Global Economy
- BBC News Special Report – Global Economy
- Guardian Special Report – Global Economy
- World Bank Summary Trade Statistics for World
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