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Country vs country: Canada and United Kingdom compared: Economy stats

Definitions

  • Overview: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
  • Exports: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Fiscal year: The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
  • GDP: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • GDP > Composition by sector > Industry: The gross domestic product (GDP) or value of all final goods produced by the industrial sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • GDP > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
  • GDP > Purchasing power parity: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.
  • GDP > Real growth rate: GDP growth on an annual basis adjusted for inflation and expressed as a percent.
  • GDP per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Gross National Income: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop).
  • Population below poverty line: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations.
  • Public debt: This entry records the cumulatiive total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
  • Tourist arrivals: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival."
  • Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
  • Debt > External: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services.
  • Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
  • GDP > Composition by sector > Agriculture: The gross domestic product (GDP) or value of all final goods produced by the agricultural sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • Human Development Index: The human development index values in this table were calculated using a consistent methodology and consistent data series. They are not strictly comparable with those in earlier Human Development Reports.
  • Budget > Revenues: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Industries: A rank ordering of industries starting with the largest by value of annual output.
  • GDP > Composition by sector > Services: The gross domestic product (GDP) or value of all final services produced within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • Exports > Commodities: This entry provides a listing of the highest-valued exported products; it sometimes includes the percent of total dollar value.
  • Budget surplus > + or deficit > -: This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits.
  • Distribution of family income > Gini index: This index measures the degree of inequality in the distribution of family income in a country. The index is calculated from the Lorenz curve, in which cumulative family income is plotted against the number of families arranged from the poorest to the ric
  • Economic freedom: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
  • GDP > Composition, by sector of origin > Services: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Debt > External > Per capita: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per capita figures expressed per 1 population.
  • Gross National Income per capita: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop). Figures expressed per capita for the same year.
  • Imports > Commodities: This entry provides a listing of the highest-valued imported products; it sometimes includes the percent of total dollar value.
  • Exchange rates: The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.
  • World trade > Exports: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars."
  • Debt > Government debt > Public debt, share of GDP: Public debt as % of GDP (CIA).

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Budget > Expenditures: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Inequality > GINI index: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality."
  • Tourist arrivals > Per capita: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival." Per capita figures expressed per 1,000 population.
  • GINI index: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.
  • Big Mac Index: Price of a McDonald's Big Mac in US Dollars at current exchange rates. January 12th, 2006.
  • Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • GDP > Purchasing power parity per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Figures expressed per capita for the same year.
  • GDP > Per capita > PPP per thousand people: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Figures expressed per thousand people for the same year.
  • Currency > PPP conversion factor to official exchange rate ratio: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar). The ratio of the PPP conversion factor to the official exchange rate (also referred to as the national price level) makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.
  • Exports per capita: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Labor force: This entry contains the total labor force figure.
  • Population below poverty line > Per capita: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Per capita figures expressed per 1 million population.
  • Currency > Official exchange rate > LCU per US$, period average: Official exchange rate (LCU per US$, period average). Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • Exports > Main exports: Country main exports.
  • Micro > Small and medium enterprises > Number: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees.
  • Poverty > Poverty by individual and household characteristics > Poverty rate > Children: Group-specific poverty rates are headcounts of how many people of a population group fall below the poverty line, in percentage of the total number in that population group. The poverty line used here is 50% of the median household disposable income, adjusted for household size. Children are persons with less than 18 years of age, working-age people are persons between age 18 and 65 and adults are persons aged 18 and over. A worker is an adult with a non-zero annual earning or self-employment income. In addition to poverty rates, indicators show here include the poverty risk (i.e. the age-specific poverty rate divided by the poverty rate for the entire population, times 100) and the share of various population groups that are counted as poor.

    Income is defined as household disposable income in a particular year. It consists of earnings, self-employment and capital income and public cash transfers; income taxes and social security contributions paid by households are deducted. The income of the household is attributed to each of its members, with an adjustment to reflect differences in needs for households of different sizes (i.e. the needs of a household composed of four people are assumed to be twice as large as those of a person living alone).
  • Tax > Highest marginal tax rate > Individual rate: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals.
  • Trade > Exports per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Figures expressed per capita for the same year.
  • GNI per capita: Country GNI per capita.
  • Current account balance: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Consumer price index: Consumer price index reflects changes in the cost to the average consumer of acquiring a fixed basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
    2000 = 100
  • Technology index: The technology index denotes the country's technological readiness. This index is created with such indicators as companies spending on R&D;, the creativity of its scientific community, personal computer and internet penetration rates.
  • Exports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
  • GDP per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • International tourism > Receipts > Current US$ > Per $ GDP: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Consumer spending: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources."
  • Gross domestic savings > Current US$ per capita: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Labor force > By occupation > Agriculture: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
    Additional details:
    • Gibraltar: negligible (2013)


  • GDP > Official exchange rate: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed.
  • Industrial > Production growth rate: The annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • Taxes and other revenues: This entry records total taxes and other revenues received by the national government during the time period indicated, expressed as a percent of GDP. Taxes include personal and corporate income taxes, value added taxes, excise taxes, and tariffs. Other revenues include social contributions - such as payments for social security and hospital insurance - grants, and net revenues from public enterprises. Normalizing the data, by dividing total revenues by GDP, enables easy comparisons across countries, and provides an average rate at which all income (GDP) is paid to the national level government for the supply of public goods and services.
  • GDP per person: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
  • Debt > External per capita: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Figures expressed per capita for the same year.
  • Reserves of foreign exchange and gold per capita: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund. Figures expressed per capita for the same year.
  • Currency > Real effective exchange rate index: Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
    2000 = 100
  • Tax > Tax rates: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
  • Trade > Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Imports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
  • GDP > Official exchange rate per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed. Figures expressed per capita for the same year.
  • Consumption > Consumption by sector > Equals: Household final consumption expenditure in domestic market: Total amount of money spent by nation's consumers, or households, in their domestic market. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. Taxes are included as well. For instance, in 2011 American consumers spent $10.46 trillion in America.
  • Poverty and inequality > Richest quintile to poorest quintile ratio: The ratio of average income of the richest 20% of the population to the average income of the poorest 20% of the population.
  • Tax > Tax payments > Number: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.
  • Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Budget > Revenues > Per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
  • Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
  • Currency: The national medium of exchange and its basic sub-unit.
  • Consumption > Consumption by sector > Equals: Household final consumption expenditure: Total amount of money spent by nation's consumers, or households. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. Also included are taxes and money spent by citizens while abroad. 
  • Outbound tourist spending: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars."
  • GDP > Composition, by end use > Exports of goods and services: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
     .
  • Tourism > International tourism, number of arrivals: International tourism, number of arrivals. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival.
  • GDP > Composition, by end use > Household consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
    .
  • Labor force > By occupation > Services: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
  • GNI > Current US$ per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tax > GDP per capita > Constant LCU: GDP per capita (constant LCU). GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • GDP > Composition, by sector of origin > Agriculture: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Investment > Gross fixed: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.
  • Foreign direct investment > Net > BoP > Current US$ per capita: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Companies > Listed domestic companies, total: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles.
  • Deposit interest rate: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.
  • Economic aid > Donor: The net official development assistance (ODA) from Organization for Economic Cooperation and Development (OECD) nations to developing countries and multilateral organizations. ODA is defined as financial assistance that is concessional in character, has the main objective to promote economic development and welfare of the less developed countries (LDCs), and contains a grant element of at least 25%. The entry does not cover other official flows (OOF) or private flows.
  • GDP > Composition, by sector of origin > Industry: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Trade > Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
  • Inflation: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used."
  • Technological achievement: Technology Achievement Index
    Units: Score
  • Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • GDP > By type of expenditure > Household consumption expenditure: GDP by Type of Expenditure at current prices - US dollars.
  • Currency > GDP > Constant 2000 US$ per capita: GDP (constant 2000 US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Income > GNI per capita, PPP > Current international $: GNI per capita, PPP (current international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Development > Human Development Index: Human Development Index trends, 1980-2012.
  • Retail > Gross value added by wholesale, retail trade, restaurants and hotels: Gross Value Added by Kind of Economic Activity at current prices - US dollars.
  • New businesses registered > Number > Per capita: New businesses registered are the number of new firms, defined as firms registered in the current year of reporting." Per capita figures expressed per 1,000 population.
  • Economy growth: Measures growth in the economy or ""economy growth"". Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources."
  • Trade > Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
  • GDP > Composition, by end use > Government consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition






  • GDP deflator: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.
  • Companies > Ease of doing business index > 1=most business-friendly regulations: Ease of doing business index (1=most business-friendly regulations). Ease of doing business ranks economies from 1 to 189, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.
  • International tourism > Number of arrivals: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited.
  • Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors. Data are in current U.S. dollars."
  • GDP > PPP: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.
  • Overall productivity > PPP: Estimates: GDP (PPP) per person employed, US$
  • Industrial production growth rate: This entry gives the annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Currency > Monetary unit: Country currency.
  • Debt > Central government debt, total > Current LCU: Central government debt, total (current LCU). Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Consumption > Consumption by sector > Plus: Direct purchases abroad by residents: Amount of money country's residents spent while abroad. For instance, American tourists spent a total of $132.4 billion while in foreign countries.
  • GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • International tourism > Number of departures: International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited.
  • Budget > Revenues per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Household final > Consumption expenditure > Current US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Consumption > Consumption by sector > Less: Direct purchases in domestic market by non-residents: Amount of money tourists and non-residents spent in each country.
  • Companies > Listed domestic companies, total per million: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles. Figures expressed per million population for the same year.
  • International tourism > Expenditures > Current US$ per capita: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Income > GNI per capita, PPP > Constant 2005 international $: GNI per capita, PPP (constant 2005 international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
  • GDP > Composition, by end use > Imports of goods and services: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition






  • Tax > Taxes on income, profits and capital gains > Current LCU: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Debt > Government debt > Gross government debt, share of GDP: Gross government debt as % of GDP (IMF).

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • GDP > Composition, by end use > Investment in fixed capital: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
    .
  • Micro > Small and medium enterprises > Number > Per capita: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Per capita figures expressed per 1,000 population.
  • Investment > External financial assets: Gross financial assets privately owned by residents of the country, mainly in the form of bank deposits, insurances and securities, in EUR.
  • Debt > External > Per $ GDP: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Companies > Stock market > Stocks traded, total value > Current US$: Stocks traded, total value (current US$). Stocks traded refers to the total value of shares traded during the period.
  • Reserves > Total reserves > Includes gold, current US$: Total reserves (includes gold, current US$). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.
  • Business > Companies > Corporate governance (overall rating): Overall rating of each country's adherence to the corporate governance guidelines set forth in three prominent economical essays. The ratings are out of 10, with 10 meaning full adherence.
  • Economic growth > Per capita: Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Patents granted: Patents granted to residents per million people 1998.
  • Reserves of foreign exchange and gold: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.
  • Gross national saving: Gross national saving is derived by deducting final consumption expenditure (household plus government) from Gross national disposable income, and consists of personal saving, plus business saving (the sum of the capital consumption allowance and retained business profits), plus government saving (the excess of tax revenues over expenditures), but excludes foreign saving (the excess of imports of goods and services over exports). The figures are presented as a percent of GDP. A negative number indicates that the economy as a whole is spending more income than it produces, thus drawing down national wealth (dissaving).
  • Total > Reserves in months of imports: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. This item shows reserves expressed in terms of the number of months of imports of goods and services which could be paid for.
  • Balance of payments > Capital and financial account > Portfolio investment > Excluding LCFAR > BoP > Current US$: Portfolio investment excluding liabilities constituting foreign authorities' reserves covers transactions in equity securities and debt securities. Data are in current U.S. dollars.
  • Research and development spending: Research and development (R&D;) expenditures for most recent year available between 1990 and 2000.
  • GDP > Constant 2000 US$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Debt > Net foreign assets > Current LCU: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency.
  • Tax > GDP > Current LCU: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Income > Household final consumption expenditure, PPP > Constant 2005 international $: Household final consumption expenditure, PPP (constant 2005 international $). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates.
  • Poverty and inequality > Income inequality 1993-2011: Income inequality 1993-2011 (latest available).
  • Net barter terms of trade: Net barter terms of trade are the ratio of the export price index to the corresponding import price index measured relative to the base year 2000.
    2000 = 100
  • Companies > Market capitalization of listed companies > Current US$: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars.
  • Gross domestic savings: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • GDP > PPP per capita: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004. Figures expressed per capita for the same year.
  • Inflation > Consumer price index > 2005 = 100: Consumer price index (2005 = 100). Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • GNI: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
  • Government spending: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2000 U.S. dollars."
  • Gross Domestic Product > GDP > Size of GDP > GDP per capita: What does gross domestic product mean? "Gross" signifies that no deduction has been made for the depreciation of machinery, buildings and other capital products used in production. "Domestic" means that it is production by the resident institutional units of the country. As many products are used to produce other products it is necessary to define production in terms of value added.

    GDP can be measured in three different ways: as output less intermediate consumption (i.e. value added) plus taxes less subsidies on products (such as VAT); as the income earned from production by summing employee compensation, the gross operating surplus of enterprises and government, the gross mixed income of unincorporated enterprises and net taxes on production and imports (VAT, payroll tax, import duties, etc, less subsidies); or as the expenditure on the goods and services produced by summing final consumption expenditures, gross fixed capital formation, changes in inventories and exports less imports.
  • Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
  • Trade balance with US: In US dollars. Jan 2003 - March 2003
  • Stock of direct foreign investment > At home: This entry gives the cumulative US dollar value of all investments in the home country made directly by residents - primarily companies - of other countries as of the end of the time period indicated. Direct investment excludes investment through purchase of shares.
  • Entrepreneurship > Starting a Business > Index ranking: Doing Business records all generic procedures that are officially required for an entrepreneur to start up and operate an industrial or commercial business. These include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions with relevant authorities. After a study of laws, regulations and publicly available information on business entry, a detailed list of procedures, time, cost and paid-in minimum capital requirements is developed. Subsequently, local incorporation lawyers and government officials complete and verify the data on applicable procedures, the time and cost of complying with each procedure under normal circumstances and the paid-in minimum capital. On average 4 law firms participate in each country. Information is also collected on the sequence in which procedures are to be completed and whether procedures may be carried out simultaneously. It is assumed that any required information is readily available and that all government and nongovernment agencies involved in the start-up process function efficiently and without corruption. If answers by local experts differ, inquiries continue until the data are reconciled. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
  • GDP > Current LCU: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Labor force per thousand people: This entry contains the total labor force figure. Figures expressed per thousand people for the same year.
  • Innovation > Global Innovation Index > Efficiency Ratio: The ratio of an innovation output index to an innovation friendliness index. A high score means that the innovation friendliness translates optimally into actual innovation.
  • Tax > Taxes on income, profits and capital gains > Current LCU per capita: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Figures expressed per capita for the same year.
  • Tax > Highest marginal tax rate > Individual > On income exceeding > US$: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals. This series presents the income levels for individuals above which the highest marginal tax rates levied at the national level apply.
  • GDP > PPP > Constant 2000 international $ per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars. Figures expressed per capita for the same year.
  • Consumption > Consumption by sector > Equals: NPISHs final consumption expenditure: Amount of money taken in by households from non-profit institutions serving households. NPISHs have little, if any, government funding and influence.
  • Income > Health expenditure per capita, PPP > Constant 2005 international $: Health expenditure per capita, PPP (constant 2005 international $). Total health expenditure is the sum of public and private health expenditures as a ratio of total population. It covers the provision of health services (preventive and curative), family planning activities, nutrition activities, and emergency aid designated for health but does not include provision of water and sanitation. Data are in international dollars converted using 2005 purchasing power parity (PPP) rates.
  • Income > GDP per capita, PPP > Current international $: GDP per capita, PPP (current international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Tax > Total tax wedge > Single worker: The percentage of gross earnings given up in tax, including any social security contributions. Calculated for a single worker without children, earning 100 % of the average wage. Data for 2001, and only for selected OECD countries.
  • Net income > BoP > Current US$ > Per capita: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
  • Government > Revenue > Tax revenue as percentage of GDP: Heritage Foundation (2012).
  • International tourism > Receipts > Current US$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
  • Currency > GDP > Constant 2000 US$: GDP (constant 2000 US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Tax > GDP > Constant LCU: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Current transfers > Receipts > BoP > Current US$: Current transfers (receipts) are recorded in the balance of payments whenever an economy receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
  • Royalty and license fees > Payments > BoP > Current US$: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars.
  • Debt > Interest rates > Central bank discount rate: Compares the annualized interest rate set by centrals banks over loans requested by commercial banks to meet temporary shortages of funds. Through these loans, central banks can influence the commercial banks' interest rates as a tool of monetary policy. Usually their interest rates are lower than the ones offered by commercial banks, which lend it at a higher rate to make their profit.
  • Business efficiency: Based upon a business efficiency index where '100' represents the highest level of business efficiency.
  • Researchers in RandD > Per million people: Researchers in R&D; are professionals engaged in the conception or creation of new knowledge, products, processes, methods, or systems and in the management of the projects concerned. Postgraduate PhD students (ISCED97 level 6) engaged in R&D; are included.
  • Household spending per capita: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
  • Companies > Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure: Business extent of disclosure index (0=less disclosure to 10=more disclosure). Disclosure index measures the extent to which investors are protected through disclosure of ownership and financial information. The index ranges from 0 to 10, with higher values indicating more disclosure.
  • Net capital account > BoP > Current US$ > Per $ GDP: Net capital account includes government debt forgiveness, investment grants in cash or in kind by a government entity, and taxes on capital transfers. Also included are migrants' capital transfers and debt forgiveness and investment grants by nongovernmental entities. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Companies > Trademark applications, total: Trademark applications, total. Trademark applications filed are applications to register a trademark with a national or regional Intellectual Property (IP) office. A trademark is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise. A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed indefinitely beyond the time limit on payment of additional fees.
  • Aid > Untied given: ODA that is untied, million US$.
  • Poverty and inequality > Inequality adjusted income index: Inequality-adjusted Human Development Index.
  • Innovation: Innovation
    Units: Unitless Scale
  • Government spending in research and development: Government spending on R&D; as % of GDP (1999).
  • Foreign direct investment > Net inflows > BoP > Current US$ per capita: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows in the reporting economy. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • GDP in 1970: Gross domestic product GDP by exchange rate billion US dollar in 1970.
  • Income > GDP, PPP > Current international $: GDP, PPP (current international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Micro > Small and medium enterprises > Number per 1000: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Figures expressed per thousand population for the same year.
  • Entrepreneurship > Hiring and Firing > Index ranking: Every economy has established a complex system of laws and institutions intended to protect the interests of workers and to guarantee a minimum standard of living for its population. The OECD Job Study and the International Encyclopedia for Labour Law and Industrial Relations identify 4 areas subject to statutory regulation in all countries: employment, social security, industrial relations and occupational health and safety. Doing Business focuses on the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This year data on social security payments by the employer and pension benefits, including the mandatory retirement age, have been added. The data on hiring and firing workers are based on a detailed survey of employment and social security regulations. The survey is completed by local law firms. The employment laws of most countries are available online in the NATLEX database, published by the International Labour Organization. In all cases both actual laws and secondary sources are used to ensure accuracy. Conflicting answers are further checked against 2 additional sources, including a local legal treatise on employment regulation. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
  • Purchasing power parity > GDP per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Gross National Income > Constant LCU: Gross national income is derived as the sum of GNP and the terms of trade adjustment. Data are in constant local currency.
  • Big Mac Index > Per $ GDP: Price of a McDonald's Big Mac in US Dollars at current exchange rates. January 12th, 2006. Per $ GDP figures expressed per 14.1 billion $ gross domestic product.
  • Debt > Net domestic credit > Current LCU: Net domestic credit (current LCU). Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy (IFS line 32). Data are in current local currency.
  • Companies > Stock market > Stocks traded, total value > Current US$ per capita: Stocks traded, total value (current US$). Stocks traded refers to the total value of shares traded during the period. Figures expressed per capita for the same year.
  • Size of economy > GDP > GDP growth: GDP growth (annual %).
  • Current account balance per capita: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Debt > Interest payments > Current LCU: Interest payments (current LCU). Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.
  • Stocks traded > Turnover ratio: Turnover ratio is the total value of shares traded during the period divided by the average market capitalization for the period. Average market capitalization is calculated as the average of the end-of-period values for the current period and the previous period.
  • Market capitalization of listed companies > Current US$ per capita: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tourism > International tourism, number of departures: International tourism, number of departures. International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited. The data on outbound tourists refer to the number of departures, not to the number of people traveling. Thus a person who makes several trips from a country during a given period is counted each time as a new departure.
  • Tourism > International tourism, number of arrivals per capita: International tourism, number of arrivals. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival. Figures expressed per capita for the same year.
  • GDP > By type of expenditure > Household consumption expenditure per capita: GDP by Type of Expenditure at current prices - US dollars. Figures expressed per capita for the same year.
  • Trade > Exports > Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Foreign direct investment > Net > BoP > Current US$: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars.
  • Net capital account > BoP > Current US$: Net capital account includes government debt forgiveness, investment grants in cash or in kind by a government entity, and taxes on capital transfers. Also included are migrants' capital transfers and debt forgiveness and investment grants by nongovernmental entities. Data are in current U.S. dollars.
  • GDP > Composition, by end use > Investment in inventories: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition






  • Gross domestic savings > Current US$ > Per $ GDP: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Innovation > Research and development personnel > By sector > Business enterprise sector (full time employment): Number of full-time employed researchers in private for-profit enterprises.
  • Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults: Automated teller machines (ATMs) (per 100,000 adults). Automated teller machines are computerized telecommunications devices that provide clients of a financial institution with access to financial transactions in a public place.
  • Net trade in goods and services > BoP > Current US$: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
  • Current account balance > BoP > Current US$ per capita: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 million $ gross domestic product.
  • Income > GNI, PPP > Current international $ per capita: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. Figures expressed per capita for the same year.
  • Investment > Foreign investment > Commitment to Development Index (investment): This is a sub-index of the Commitment to Development Index (CDI), which ranks rich countries’ policies is terms of how beneficial they are to the world’s five billion poorest people. The investment sub-index ranks the support each country provides for foreign direct investment (FDI) in developing countries, such as insurance schemes, guarantees and tax treaties. For further information, please refer to cgdev.org/cdi
  • Population below poverty line > Per $ GDP: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Per $ GDP figures expressed per 1 trillion $ gross domestic product.
  • Trade > Exports > Primary: Primary exports as % of manufactured export, 2000.
  • Welfare > Revenue, excluding grants > Current LCU: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
  • Tax > Components of taxation > Property tax: Property tax as a percentage of total tax collected by the country. Data is for 2000.
  • Tax > Highest marginal tax rate > Corporate rate: Highest marginal tax rate (corporate rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of corporations.
  • Income receipts > BoP > Current US$ per capita: Income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Net income > BoP > Current US$: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars.
  • Government > Revenue > Tax > Taxes local income of resident citizens: Indicates whether or not a tax is levied on income generated within the country by individuals who are both citizens and residents of this country.
  • Innovation > Global Innovation Index > Overall score: An index designed to capture innovation friendliness. It is an average of two sub-indices: one looking at the innovation friendliness of the environment, the other at innovation outputs.
  • Innovation > Global Innovation Index > Innovation Output: An index designed to capture innovation power. It is made up of several sub-indicators in the following categories: Technology outputs (knowledge creation, knowledge impact, knowledge diffusion); creative outputs (intangible assets, creative goods and services, online creativity).
  • Great recession of the late 2000s, period: Recession periods between 2006-2013. A country is considered to be in recession when its economy contracts during two consecutive quarters or more. A contraction is defined as a decreased seasonally adjusted real GDP, compared with the previous quarter.
  • GDP > Median household income (PPP): Median Household Income $PPP.
  • Purchasing power parity > Gross domestic product per capita > PPP: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • High-technology > Exports > Current US$ > Per capita: High-technology exports are products with high research and development intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars." Per capita figures expressed per 1,000 population.
  • Tax > GDP per capita > Current LCU: GDP per capita (current LCU). GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Spending > General government final consumption expenditure > Constant LCU: General government final consumption expenditure (constant LCU). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency.
  • Stocks traded > Total value > Current US$: Stocks traded refers to the total value of shares traded during the period.
  • Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita: Gross Value Added by Kind of Economic Activity at current prices - US dollars. Figures expressed per capita for the same year.
  • Budget > Expenditures per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Net domestic credit > Current LCU: Net domestic credit is the sum of net credit to the nonfinancial public sector, credit to the private sector, and other accounts. Data are in current local currency.
  • Gross capital formation > Current US$: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
  • Total > Reserves minus gold > Current US$: Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars.
  • Balance of payments > Current account > Balances > Current account balance > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars."
  • GNI > Atlas method > Current US$ per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States. Figures expressed per capita for the same year.
  • Trade > Export value index: Export values are from UNCTAD's value indexes or from current values of merchandise exports.
    2000 = 100
  • Tax > Social security contributions: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
  • Companies > New businesses registered > Number per 1000: New businesses registered (number). New businesses registered are the number of new limited liability corporations registered in the calendar year. Figures expressed per thousand population for the same year.
  • Innovation > Patent applications, residents per million: Patent applications, residents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years. Figures expressed per million population for the same year.
  • Economic importance: Globalpolicy.org
  • Patent applications > Residents: Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years."
  • Income > PPP conversion factor, GDP > LCU per international $: PPP conversion factor, GDP (LCU per international $). Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP.
  • Income > GDP per capita, PPP > Constant 2005 international $: GDP per capita, PPP (constant 2005 international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • Government > Revenue > Tax > Income tax: Average income taxes (net of benefits), as a percentage of gross wage earnings, levied on a single person with no children, who earns the average wage.
  • Economic aid > Donor per capita: The net official development assistance (ODA) from Organization for Economic Cooperation and Development (OECD) nations to developing countries and multilateral organizations. ODA is defined as financial assistance that is concessional in character, has the main objective to promote economic development and welfare of the less developed countries (LDCs), and contains a grant element of at least 25%. The entry does not cover other official flows (OOF) or private flows. Figures expressed per capita for the same year.
  • GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • GDP per capita > PPP > Constant 2000 international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars.
  • Currency > Legality of Bitcoins: Legal status of Bitcoins.
  • Business > Companies > Specific companies > Apple Stores: Countries compared by number of Apple stores located at its territory. The Apple campus, located in Cupertino (California) hosts not only the company headquartes, but the original Employee Store (now named Apple Company Store), which is the only place in the world where legitimate merchandise with the Apple logo (such as t-shirts, hats and the like) can be purchased. Another special case is China, that currently hosts 10 official Apple stores, but also numerous fake ones. These imitations try to mimic the look and feel of the orginal stores, with varying degrees of success. Other countries are known to host unauthorized stores too.
  • Government > Revenue > Tax > Taxes local income of nonresident individuals: Indicates whether or not a tax is levied on income generated in the country by individuals who are not residents (applies to both, citizens and foreigners).
  • Index of Economic Freedom: IEF 2013.
  • Innovation > Global Innovation Index > Innovation Input: An index designed to capture the innovation friendliness of the environment. It is made up of several sub-indicators in the following categories: Institutions (political environment, regulatory environment, business environment); human capital and research (education, tertiary education, research / development); infrastructure (ICT, general infrastructure, ecological sustainability); market sophistication (credit, investment, trade & competition); business sophistication (knowledge workers, innovation linkages, knowledge absorption).
  • Inequality > Gini coefficient > Level: Income is defined as household disposable income in a particular year. It consists of earnings, self-employment and capital income and public cash transfers; income taxes and social security contributions paid by households are deducted. The income of the household is attributed to each of its members, with an adjustment to reflect differences in needs for households of different sizes (i.e. the needs of a household composed of four people are assumed to be twice as large as those of a person living alone).

    Income inequality among individuals is measured here by five indicators. The Gini Coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive, and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality. The mean log deviation is the average value of the logarithm of the ratio of mean income to the income of each decile. The squared coefficient of variation is the variance of average income of each decile, divided by the square of the average income of the entire population. The P90/P10 ratio is the ratio of the upper bound value of the ninth decile (i.e. the 10% of people with highest income) to that of the first. The P50/P10 ratio is the ratio of median income to the upper bound value of the first decile. The mean log deviation and inter-decile ratios have a lower value of 1 and no upper bound, while the squared coefficient of variation has a lower bound of 0 and upper bound of infinity.
  • Oil > Exports: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
    Additional details:
    • Bahamas, The: transshipments of 41,570 bbl/day (2007)
    • Bahamas, The: transshipments of 41,610 bbl/day (2009)


  • Debt > Credit depth of information index > 0=low to 6=high: Credit depth of information index (0=low to 6=high). Credit depth of information index measures rules affecting the scope, accessibility, and quality of credit information available through public or private credit registries. The index ranges from 0 to 6, with higher values indicating the availability of more credit information, from either a public registry or a private bureau, to facilitate lending decisions.
  • Debt > Strength of legal rights index > 0=weak to 10=strong: Strength of legal rights index (0=weak to 10=strong). Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 10, with higher scores indicating that these laws are better designed to expand access to credit.
  • Companies > Market capitalization of listed companies > Current US$ per capita: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Innovation > Military expenditure > Current LCU: Military expenditure (current LCU). Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)
  • Balance of payments > Current account > Balances > Net trade in goods and services > Current US$: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
  • Balance of payments > Foreign investment > Net > USD: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars."
  • Government spending > Goods and services expense > Current LCU: Goods and services expense (current LCU). Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Public expenditure > Social expenditure > Public social expenditure: Public social expenditure comprises cash benefits, direct "in-kind” provision of goods and services, and tax breaks with social purposes. To be considered "social”, benefits have to address one or more social goals. Benefits may be targeted at low-income households, but they may also be for the elderly, disabled, sick, unemployed, or young persons. Programmes regulating the provision of social benefits have to involve: a) redistribution of resources across households, or b) compulsory participation. Social benefits are regarded as public when general government (that is central, state, and local governments, including social security funds) controls relevant financial flows. The expenditures shown here refer only to public social benefits and exclude similar benefits provided by private charities.
  • Purchasing power parity conversion factor > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States.
  • Companies > New businesses registered > Number: New businesses registered (number). New businesses registered are the number of new limited liability corporations registered in the calendar year.
  • Companies > New business density > New registrations per 1,000 people ages 15-64: New business density (new registrations per 1,000 people ages 15-64). New businesses registered are the number of new limited liability corporations registered in the calendar year.
  • Current account balance > BoP > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars.
  • Business > Companies > Specific companies > IKEA > Debut: The year in which the first IKEA opened in each country. The first IKEA opened in Sweden in 1958.
  • Inflation > Duration 1990-2000: Average annual change in consumer price index (%) 1990 - 2000
  • Foreign direct investment > FDI > FDI flows and stocks > Outward FDI stocks per 1000: Foreign direct investment is defined as investment by a resident entity in one economy with the objective of obtaining a lasting interest in an enterprise resident in another economy. The lasting interest means the existence of a long-term relationship between the direct investor and the enterprise and a significant degree of influence by the direct investor on the management of the direct investment enterprise. The ownership of at least 10% of the voting power, representing the influence by the investor, is the basic criterion used. Hence, control by the foreign investor is not required.

    Inward stocks are the direct investments held by non-residents in the reporting economy; outward stocks are the investments of the reporting economy held abroad.

    The stock tables also show the distribution of stocks according to broad sectors of the industry, namely manufacturing and services.

    Negative flows may generally indicate disinvestments or the impact of substantial reimbursements of inter-company loans. Figures expressed per thousand population for the same year.
  • Commitment to foreign aid: Relative commitment to aid and military expenditure. Official development assistance compared with military expenditure, 1995 %.
  • GDP > CIA Factbook > Per capita: Per capita figures expressed per 1 population.
  • International tourism > Receipts > Current US$ per capita: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Taxes > Total tax revenue > Total tax revenue: Taxes are defined as compulsory, unrequited payments to general government. They are unrequited in the sense that benefits provided by government to taxpayers are not normally in proportion to their payments.

    Taxes on incomes and profits cover taxes levied on the net income or profits (gross income minus allowable tax reliefs) of individuals and enterprises. They also cover taxes levied on the capital gains of individuals and enterprises, and gains from gambling.

    Taxes on goods and services cover all taxes levied on the production, extraction, sale, transfer, leasing or delivery of goods, and the rendering of services, or on the use of goods or permission to use goods or to perform activities. They consist mainly of value added and sales taxes.

    Note that the sum of taxes on goods and services and taxes on income and profits is less than the figure for total tax revenues, which also includes payments by employers and employees made under compulsory social security schemes as well as payroll taxes, taxes related to the ownership and transfer of property, and other taxes.
  • Transnational corporations > Affiliates: Number of foreign affiliates to transnational corporations
  • Trade > Imports from US: In US dollars. Jan 2003 - March 2003
  • Foreign direct investment > Net inflows > BoP > Current US$: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows in the reporting economy. Data are in current U.S. dollars.
  • Trade > Exports > High technology: High-technology exports as % of manufactured export, 2000.
  • Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure)."
  • Consumption > Consumption by sector > Equals: Household final consumption expenditure in domestic market per capita: Total amount of money spent by nation's consumers, or households, in their domestic market. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. Taxes are included as well. For instance, in 2011 American consumers spent $10.46 trillion in America. Figures expressed per capita for the same year.
  • Savings > Gross savings > Current US$: Gross savings (current US$). Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
  • Spending > Household final consumption expenditure per capita > Constant 2000 US$: Household final consumption expenditure per capita (constant 2000 US$). Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2005 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars.
  • Inflation > Consumer price index > 2005 = 100 per million: Consumer price index (2005 = 100). Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Figures expressed per million population for the same year.
  • Spending > Household final consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (constant 2000 US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Savings > Gross domestic savings > Current US$: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • Innovation > Patent applications, residents: Patent applications, residents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years.
  • Saving rate: ""Saving rate"" or gross savings are calculated as gross national income less total consumption, plus net transfers."
  • Gross savings: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars."
  • Household spending: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
  • Financial sector > Interest rates > Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
  • Public institution index: Public institution index indicates the state of the country's public institutions.
  • Electricity > Consumption: This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
  • Tax > Components of taxation > Social security > Contribution by employer: Tax on employer's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
  • GNI > Current US$: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
  • Tourism > International tourism, number of departures per 1000: International tourism, number of departures. International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited. The data on outbound tourists refer to the number of departures, not to the number of people traveling. Thus a person who makes several trips from a country during a given period is counted each time as a new departure. Figures expressed per thousand population for the same year.
  • GDP > CIA Factbook per capita: . Figures expressed per capita for the same year.
  • Trade > Exports > Per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per capita figures expressed per 1 population.
  • Trade > Exports > Manufactured: Manufactured exports as % of manufactured export, 2000.
  • Innovation > Research and development personnel > By sector > Government sector (full time employment): Number of full-time employed researchers in the government sector.
  • Government > Revenue > Tax > Taxes local income of resident foreigners: Indicates whether or not a tax is levied on income generated within the country by resident foreigners
  • Government > Revenue > Tax > Taxes foreign income of nonresident citizens: Indicates whether or not a tax is levied on the foreign income of non-resident citizens. An asterisk indicates that certain exemptions exist.
  • Government > Finance minister: The name of each country's finance minister. A finance minister is a cabinet member in charge of overseeing and regulating the economic and monetary activity of a country. Certain countries have different titles for their finance minister, such as the UK's "Chancellor of the Exchequer" or the United States' "Secretary of the Treasury".
  • Intellectual property > Copyright > Copyright duration relative to life of author: This stat compares the copyright duration of an original intellectual creation after its author's death. Although the definition is very variable, an original intellectual work can be described as the previously unpublished work of artistic or divulgative nature. As an almost universal rule, the copyright last for the entire life of the author or authors, plus a given number of years (typically 50 to 70). You can check this page for copyright terms concerning works published for the first time after the author's death, works published in non-printed form (like audiovisual creations) and other special cases. Once the copyright term expires, the work becomes public domain, and therefore can be freely used by anyone.
  • Debt > Government debt > Net government debt, share of GDP: Net government debt as % of GDP (IMF).
  • GDP > Purchasing power parity > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • International tourism > Expenditures > Current US$: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
  • Tax > Taxes on goods and services > Current LCU: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies."
  • Market capitalization of listed companies > Current US$ > Per $ GDP: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Income > GNI, PPP > Current international $: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Income > GDP, PPP > Constant 2005 international $ per capita: GDP, PPP (constant 2005 international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars. Figures expressed per capita for the same year.
  • Income > GDP, PPP > Current international $ per capita: GDP, PPP (current international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. Figures expressed per capita for the same year.
  • Trade > Exports to US: in US dollars. Jan 2003 - March 2003
  • Foreign direct investment > FDI > FDI flows and stocks > Inward FDI stocks: Foreign direct investment is defined as investment by a resident entity in one economy with the objective of obtaining a lasting interest in an enterprise resident in another economy. The lasting interest means the existence of a long-term relationship between the direct investor and the enterprise and a significant degree of influence by the direct investor on the management of the direct investment enterprise. The ownership of at least 10% of the voting power, representing the influence by the investor, is the basic criterion used. Hence, control by the foreign investor is not required.

    Inward stocks are the direct investments held by non-residents in the reporting economy; outward stocks are the investments of the reporting economy held abroad.

    The stock tables also show the distribution of stocks according to broad sectors of the industry, namely manufacturing and services.

    Negative flows may generally indicate disinvestments or the impact of substantial reimbursements of inter-company loans.
  • Trade > Export to Import ratio: Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000."
  • Micro > Small and medium enterprises > Per 1,000 people: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees.
  • Trade > Imports of goods > Services and income > BoP > Current US$: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars.
  • GDP growth > Duration 1975-2000: GDP per capita annual growth rate (%) from 1975 to 2000
  • Debt > Central government debt, total > Current LCU per capita: Central government debt, total (current LCU). Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Figures expressed per capita for the same year.
  • Welfare > Revenue, excluding grants > Current LCU per capita: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here. Figures expressed per capita for the same year.
  • Poverty and inequality > Poorest's share in national income or consumption: Percentage of country's total income or consumption that belongs to the poorest 5% of its citizens.
  • Oil > Consumption: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • GDP > Constant 2000 US$ > Per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Per capita figures expressed per 1 population.
  • Gross fixed capital formation > Current US$ > Per $ GDP: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Poverty > Population under $11 a day: Population below line - proportion receiving less than $11 per day in income (purchasing power parity). Data from most recent available between the period 1983 to 2000.
  • Taxes > Taxes on the average worker > Taxes on the average worker: The taxes included in the measure are personal income taxes, employees’ social security contributions and employers’ social security contributions. For the few countries that have them, it also includes payroll taxes. The amount of these taxes paid in relation to the employment of one average worker is expressed as a percentage of their labour cost (gross wage plus employers’ social security contributions and payroll tax).

    An average worker is defined as somebody who earns the average income of full-time workers of the country concerned in sectors C-K of the International Standard Industrial Classification (ISIC). The average worker is single, meaning that he or she does not receive any tax relief in respect of a spouse, unmarried partner or child.
  • Trade > Imports > Goods and services > BoP > Current US$: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars.
  • Budget > Expenditures > Per $ GDP: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
  • Trade > With US > US > Exports of tobacco > Manufactured: US exports of tobacco, manufactured, USD Thousands, 2004
  • Natural gas > Production: This entry is the total natural gas produced in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
  • Budget > Expenditures > Per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
  • Tax > Components of taxation > Personal income tax: Personal Income tax as a percentage of total tax collected by the country. Data is for 2002.
  • Purchasing power parity > GNI per capita > PPP > Current international $: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • International tourism > Receipts for travel items > Current US$: International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars."
  • Tourist departures: International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited. The data on outbound tourists refer to the number of departures, not to the number of people traveling. Thus a person who makes several trips from a country during a given period is counted each time as a new departure."
  • Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits."
  • Gross domestic savings > Current US$: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • High-technology > Exports > Current US$: High-technology exports are products with high research and development intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars."
  • Savings > Adjusted savings: net national savings > Current US$: Adjusted savings: net national savings (current US$). Net national savings are equal to gross national savings less the value of consumption of fixed capital.
  • Oil > Proved reserves: This entry is the stock of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
  • Government > Revenue > Tax > Taxes foreign income of resident foreigners: Indicates whether or not a tax is levied on the foreign income of resident foreigners.
  • Development > Human Development Index > Inequality adjusted: Inequality-adjusted Human Development Index.
  • Aid > Giving > Overall commitment to development: Each country's rating on the Commitment to Development Index. This index not only rates the country's domestic commitment to development, but its commitment to the development of other countries as well.
  • Innovation > Commitment to Development Index (technology): The technology component of the Commitment to Development Index analyzes policies of rich countries that support creation and dissemination of new technologies which can profoundly shape life in developing countries. A deduction in ranking is given to countries whose patent laws arguably go too far in advancing the interests of those who produce innovations at the expense of those who use them.
  • Government > Revenue > Tax > Overall tax burden: Burden.

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Balance of payments > Current account > Transfers > Net current transfers > BoP > Current US$: Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars."
  • World Bank exchange rate: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar."
  • Oil > Production: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • Electricity > Production per capita: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. Figures expressed per capita for the same year.
  • Market capitalization of listed companies > Current US$: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars.
  • Trade > Exports > Leading export market: Country or customs union which is the main recipient of exports.
  • Trade > With US > US imports of bauxite and aluminum: US imports of bauxite and aluminum, USD Thousands, 2004
  • Ease of doing business: Ease of doing business index ranks economies from 1 to 183, with first place being the best. A high ranking means that the regulatory environment is conducive to business operation. The index ranks the simple average of the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators. 1=most business-friendly regulations"
  • Electricity > Exports: This entry is the total exported electricity in kilowatt-hours.
  • Trade > Imports > Goods and services > Current US$ > Per $ GDP: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Wholesale price index: Wholesale price index refers to a mix of agricultural and industrial goods at various stages of production and distribution, including import duties. The Laspeyres formula is generally used.
    2000 = 100
  • Trade > Exports > High-technology exports > Current US$: High-technology exports (current US$). High-technology exports are products with high R&D; intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.
  • Aid > Untied given per million people: ODA that is untied, million US$. Figures expressed per million people for the same year.
  • Goods imports > BoP > Current US$ > Per capita: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Tax > Components of taxation > Goods and service tax: Goods and service tax as a percentage of total tax collected by the country. Data is for 2002.
  • Purchasing power parity > GDP > PPP > Current international $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Savings > Gross savings > Current US$ per capita: Gross savings (current US$). Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Reserves > Total reserves minus gold > Current US$: Total reserves minus gold (current US$). Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars.
  • Spending > Household final consumption expenditure, etc. > Current US$ per capita: Household final consumption expenditure, etc. (current US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Debt > Net domestic credit > Current LCU per capita: Net domestic credit (current LCU). Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy (IFS line 32). Data are in current local currency. Figures expressed per capita for the same year.
  • Consumption > Consumption by sector > Less: Direct purchases in domestic market by non-residents per capita: Amount of money tourists and non-residents spent in each country. Figures expressed per capita for the same year.
  • Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita: Total amount of money spent by nation's consumers, or households. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. Also included are taxes and money spent by citizens while abroad. . Figures expressed per capita for the same year.
  • Spending > Household final consumption expenditure > Current LCU per capita: Household final consumption expenditure (current LCU). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency. Figures expressed per capita for the same year.
  • Savings > Gross domestic savings > Current US$ per capita: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tax > GDP > Current US$ per capita: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Poverty and inequality > Social welfare > Social expenditures on non-elderly: Social expenditures on non-elderly (as percentage of GDP).
  • Tax > Tax payments > Number > Per capita: Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent." Per capita figures expressed per 1 million population.
  • Trade > Imports > Imports of goods and services per capita: GDP by Type of Expenditure at current prices - US dollars. Figures expressed per capita for the same year.
  • Trade > Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Tourism expenditures > International > Per $ GDP: Per $ GDP figures expressed per $1,000 gross domestic product
  • Innovation > Research and development personnel > By sector > Higher education sector (full time employment): Number of full-time employed researchers hired by post-secondary institutions such as universities and colleges.
  • Innovation > Research and development personnel > By sector > Private non-profit sector (full time employment): Number of full-time employed researchers in the private non-profit sector.
  • Innovation > Research and development personnel > By sector > Government sector (full time employment) per million people: Number of full-time employed researchers in the government sector. Figures expressed per million people for the same year.
  • Business > Companies > Specific companies > IKEA > No. of stores: The number of IKEA outlets in each country.
  • Aid > Giving > Commitment to Development Index (aid): Each country's score on the Commitment to Development Index for aid giving. The scores shouldn't be interpreted as the monetary amount of aid given, instead, the scores are general rating of how the country aids development.
STAT Canada United Kingdom HISTORY
Overview As a high-tech industrial society in the trillion-dollar class, Canada resembles the US in its market-oriented economic system, pattern of production, and affluent living standards. Since World War II, the impressive growth of the manufacturing, mining, and service sectors has transformed the nation from a largely rural economy into one primarily industrial and urban. The 1989 US-Canada Free Trade Agreement (FTA) and the 1994 North American Free Trade Agreement (NAFTA) (which includes Mexico) touched off a dramatic increase in trade and economic integration with the US its principal trading partner. Canada enjoys a substantial trade surplus with the US, which absorbs about three-fourths of Canadian exports each year. Canada is the US's largest foreign supplier of energy, including oil, gas, uranium, and electric power. Given its great natural resources, highly skilled labor force, and modern capital plant, Canada enjoyed solid economic growth from 1993 through 2007. Buffeted by the global economic crisis, the economy dropped into a sharp recession in the final months of 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus. Canada's major banks, however, emerged from the financial crisis of 2008-09 among the strongest in the world, owing to the financial sector's tradition of conservative lending practices and strong capitalization. Canada achieved marginal growth in 2010-12 and plans to balance the budget by 2015. In addition, the country's petroleum sector is rapidly becoming an even larger economic driver with Alberta's oil sands significantly boosting Canada's proven oil reserves, ranking the country third in the world behind Saudi Arabia and Venezuela. The UK, a leading trading power and financial center, is the second largest economy in Europe after Germany. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. After emerging from recession in 1992, Britain's economy enjoyed the longest period of expansion on record during which time growth outpaced most of Western Europe. In 2008, however, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Sharply declining home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets; these include nationalizing parts of the banking system, temporarily cutting taxes, suspending public sector borrowing rules, and moving forward public spending on capital projects. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated a five-year austerity program, which aimed to lower London's budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced additional austerity measures through 2017 because of slower-than-expected economic growth and the impact of the euro-zone debt crisis. The CAMERON government raised the value added tax from 17.5% to 20% in 2011. It has pledged to reduce the corporation tax rate to 21% by 2014. The Bank of England (BoE) implemented an asset purchase program of up to £375 billion (approximately $605 billion) as of December 2012. During times of economic crisis, the BoE coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union (EMU). In 2012, weak consumer spending and subdued business investment weighed on the economy. GDP fell 0.1%, and the budget deficit remained stubbornly high at 7.7% of GDP. Public debt continued to increase.
Exports $462.90 billion
Ranked 12th.
$473.00 billion
Ranked 10th. 2% more than Canada

Fiscal year 1 6
GDP $1.82 trillion
Ranked 12th.
$2.44 trillion
Ranked 7th. 34% more than Canada

GDP > Composition by sector > Industry 28.6%
Ranked 88th. 36% more than United Kingdom
21.1%
Ranked 146th.

GDP > Per capita $38,065.13 per capita
Ranked 14th. 9% more than United Kingdom
$35,046.59 per capita
Ranked 21st.

GDP > Per capita > PPP $42,300.00
Ranked 10th. 16% more than United Kingdom
$36,600.00
Ranked 21st.

GDP > Purchasing power parity $1.47 trillion
Ranked 13th.
$2.31 trillion
Ranked 8th. 57% more than Canada

GDP > Real growth rate 1.7%
Ranked 129th. 9 times more than United Kingdom
0.2%
Ranked 152nd.

GDP per capita $52,218.99
Ranked 8th. 36% more than United Kingdom
$38,514.46
Ranked 21st.

Gross National Income $682.00 billion
Ranked 8th.
$1.48 trillion
Ranked 4th. 2 times more than Canada
Population below poverty line 9.4%
Ranked 8th.
14%
Ranked 18th. 49% more than Canada

Public debt 85.4% of GDP
Ranked 24th.
88.7% of GDP
Ranked 19th. 4% more than Canada

Tourist arrivals 17.14 million
Ranked 15th.
30.14 million
Ranked 7th. 76% more than Canada

Unemployment rate 7.3%
Ranked 59th.
8%
Ranked 51st. 10% more than Canada

Debt > External $1.33 trillion
Ranked 14th.
$10.09 trillion
Ranked 2nd. 8 times more than Canada

Inflation rate > Consumer prices 1.5%
Ranked 175th.
2.8%
Ranked 126th. 87% more than Canada

GDP > Composition by sector > Agriculture 1.8%
Ranked 183th. 3 times more than United Kingdom
0.7%
Ranked 204th.

Human Development Index 0.949
Ranked 6th. 1% more than United Kingdom
0.939
Ranked 15th.
Budget > Revenues $690.30 billion
Ranked 9th.
$986.10 billion
Ranked 6th. 43% more than Canada

Industries transportation equipment, chemicals, processed and unprocessed minerals, food products, wood and paper products, fish products, petroleum and natural gas machine tools, electric power equipment, automation equipment, railroad equipment, shipbuilding, aircraft, motor vehicles and parts, electronics and communications equipment, metals, chemicals, coal, petroleum, paper and paper products, food processing, textiles, clothing, other consumer goods
GDP > Composition by sector > Services 69.6%
Ranked 47th.
78.2%
Ranked 20th. 12% more than Canada

Exports > Commodities motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment; chemicals, plastics, fertilizers; wood pulp, timber, crude petroleum, natural gas, electricity, aluminum manufactured goods, fuels, chemicals; food, beverages, tobacco
Budget surplus > + or deficit > - -3.3% of GDP
Ranked 105th.
-8.2% of GDP
Ranked 163th. 2 times more than Canada

Distribution of family income > Gini index 32.1
Ranked 24th.
40
Ranked 1st. 25% more than Canada

Economic freedom 79.4
Ranked 6th. 6% more than United Kingdom
74.8
Ranked 14th.

Central bank discount rate 1%
Ranked 19th. Twice as much as United Kingdom
0.5%
Ranked 49th.

GDP > Composition, by sector of origin > Services 69.8%
Ranked 47th.
78.5%
Ranked 19th. 12% more than Canada
Debt > External > Per capita $22,719.28 per capita
Ranked 20th.
$171,942.20 per capita
Ranked 3rd. 8 times more than Canada

Gross National Income per capita $21,942.03
Ranked 17th.
$25,038.93
Ranked 9th. 14% more than Canada
Imports > Commodities machinery and equipment, motor vehicles and parts, crude oil, chemicals, electricity, durable consumer goods manufactured goods, machinery, fuels; foodstuffs
Exchange rates Canadian dollars (CAD) per US dollar -<br />1 (2012 est.)<br />0.99 (2011 est.)<br />1.03 (2010 est.)<br />1.14 (2009)<br />1.04 (2008) British pounds (GBP) per US dollar -<br />0.63 (2012 est.)<br />0.62 (2011 est.)<br />0.65 (2010 est.)<br />0.62 (2009)<br />0.53 (2008)
World trade > Exports 383.65 billion
Ranked 10th.
601.63 billion
Ranked 7th. 57% more than Canada

Debt > Government debt > Public debt, share of GDP 84.1 CIA
Ranked 22nd.
90 CIA
Ranked 17th. 7% more than Canada
Budget > Expenditures $748.90 billion
Ranked 9th.
$1.19 trillion
Ranked 6th. 58% more than Canada

Inequality > GINI index 32.56
Ranked 28th.
35.97
Ranked 16th. 10% more than Canada
Tourist arrivals > Per capita 516.13 per 1,000 people
Ranked 62nd. 4% more than United Kingdom
494.59 per 1,000 people
Ranked 64th.

GINI index 32.56
Ranked 29th.
35.97
Ranked 14th. 10% more than Canada
Big Mac Index $3.01
Ranked 11th.
$3.32
Ranked 7th. 10% more than Canada
Imports $474.90 billion
Ranked 11th.
$643.50 billion
Ranked 5th. 36% more than Canada

GDP > Purchasing power parity per capita $39,119.11
Ranked 13th. 11% more than United Kingdom
$35,152.70
Ranked 21st.

GDP > Per capita > PPP per thousand people $1.21
Ranked 88th. 2 times more than United Kingdom
$0.58
Ranked 109th.

Agriculture > Products wheat, barley, oilseed, tobacco, fruits, vegetables; dairy products; fish; forest products cereals, oilseed, potatoes, vegetables; cattle, sheep, poultry; fish
Currency > PPP conversion factor to official exchange rate ratio 1.03
Ranked 22nd.
1.1
Ranked 18th. 7% more than Canada

Exports per capita $13,271.03
Ranked 25th. 77% more than United Kingdom
$7,480.92
Ranked 41st.

Labor force 18
Ranked 103th.
32
Ranked 83th. 78% more than Canada

Population below poverty line > Per capita 0.283% per 1 million people
Ranked 14th. 22% more than United Kingdom
0.232% per 1 million people
Ranked 24th.

Currency > Official exchange rate > LCU per US$, period average $1.00
Ranked 153th. 58% more than United Kingdom
$0.63
Ranked 162nd.

Exports > Main exports Machinery and equipment, automotive products, metals and plastics, forestry products, agricultural and fishing products, energy products Manufactured goods, chemicals, foodstuffs
Micro > Small and medium enterprises > Number 2.25 million
Ranked 5th.
4.42 million
Ranked 3rd. 97% more than Canada
Poverty > Poverty by individual and household characteristics > Poverty rate > Children 15.06%
Ranked 10th. 49% more than United Kingdom
10.08%
Ranked 20th.
Tax > Highest marginal tax rate > Individual rate 29%
Ranked 52nd.
40%
Ranked 23th. 38% more than Canada

Trade > Exports per capita $11,920.34
Ranked 22nd. 83% more than United Kingdom
$6,513.45
Ranked 38th.

GNI per capita $45,550.00
Ranked 15th. 21% more than United Kingdom
$37,780.00
Ranked 24th.
Current account balance $-62,270,000,000.00
Ranked 177th.
$-93,600,000,000.00
Ranked 179th. 50% more than Canada

Consumer price index 112.16%
Ranked 116th.
112.76%
Ranked 111th. 1% more than Canada

Technology index 5.05
Ranked 13th. 3% more than United Kingdom
4.92
Ranked 17th.
Exports > Partners US 74.5%, China 4.3%, UK 4.1% Germany 11.3%, US 10.5%, Netherlands 8.8%, France 7.4%, Ireland 6.2%, Belgium 5.1%
GDP per capita > PPP > Current international $ 33,375.5 PPP $
Ranked 11th. About the same as United Kingdom
33,238.21 PPP $
Ranked 12th.

International tourism > Receipts > Current US$ > Per $ GDP 14.21$ per $1,000 of GDP
Ranked 87th.
18$ per $1,000 of GDP
Ranked 77th. 27% more than Canada

Commercial bank prime lending rate 3%
Ranked 172nd.
4.22%
Ranked 160th. 41% more than Canada

Consumer spending 58.88
Ranked 84th.
65.31
Ranked 66th. 11% more than Canada

Gross domestic savings > Current US$ per capita 7,690.55$
Ranked 17th. 63% more than United Kingdom
4,722.68$
Ranked 21st.

Labor force > By occupation > Agriculture 2%
Ranked 171st. 43% more than United Kingdom
1.4%
Ranked 176th.

GDP > Official exchange rate $1.80 trillion
Ranked 11th.
$2.44 trillion
Ranked 6th. 36% more than Canada

Industrial > Production growth rate 5.8%
Ranked 58th. 3 times more than United Kingdom
1.9%
Ranked 123th.

GDP per capita > Constant 2000 US$ 25,064.13 constant 2000 US$
Ranked 15th.
26,890.73 constant 2000 US$
Ranked 11th. 7% more than Canada

Taxes and other revenues 38.4% of GDP
Ranked 48th.
40.4% of GDP
Ranked 37th. 5% more than Canada

GDP per person 39,599.04
Ranked 19th. 13% more than United Kingdom
35,164.86
Ranked 22nd.

Debt > External per capita $23,038.48
Ranked 21st.
$171,348.98
Ranked 3rd. 7 times more than Canada

Reserves of foreign exchange and gold per capita $1,247.59
Ranked 45th. 33% more than United Kingdom
$939.55
Ranked 58th.

Currency > Real effective exchange rate index 119.73%
Ranked 18th. 18% more than United Kingdom
101.3%
Ranked 54th.

Tax > Tax rates 18.12
Ranked 72nd.
38.26
Ranked 18th. 2 times more than Canada

Trade > Imports per capita $11,908.62
Ranked 17th. 36% more than United Kingdom
$8,776.13
Ranked 27th.

Imports > Partners US 50.6%, China 11%, Mexico 5.5% Germany 12.6%, China 8%, Netherlands 7.5%, US 6.7%, France 5.4%, Belgium 4.4%, Norway 4%
GDP > Official exchange rate per capita $45,829.42
Ranked 12th. 26% more than United Kingdom
$36,276.82
Ranked 21st.

Consumption > Consumption by sector > Equals: Household final consumption expenditure in domestic market 822.18 billion USD
Ranked 9th.
1.64 trillion USD
Ranked 1st. Twice as much as Canada

Poverty and inequality > Richest quintile to poorest quintile ratio 5.5
Ranked 12th.
7.2
Ranked 2nd. 31% more than Canada
Tax > Tax payments > Number 8
Ranked 167th. The same as United Kingdom
8
Ranked 162nd.

Imports per capita $13,615.06
Ranked 20th. 34% more than United Kingdom
$10,177.53
Ranked 34th.

Budget > Revenues > Per capita $17,049.94 per capita
Ranked 17th.
$18,987.68 per capita
Ranked 15th. 11% more than Canada

Real interest rate 1.16%
Ranked 102nd.
2.61%
Ranked 88th. 2 times more than Canada

Currency Canadian dollar British pound
Consumption > Consumption by sector > Equals: Household final consumption expenditure 874.79 billion USD
Ranked 9th.
1.65 trillion USD
Ranked 3rd. 88% more than Canada

Outbound tourist spending 34.01 billion
Ranked 9th.
84.22 billion
Ranked 4th. 2 times more than Canada

GDP > Composition, by end use > Exports of goods and services 30%
Ranked 122nd.
31.6%
Ranked 116th. 5% more than Canada
Tourism > International tourism, number of arrivals 16.01 million
Ranked 19th.
29.31 million
Ranked 8th. 83% more than Canada

GDP > Composition, by end use > Household consumption 55.6%
Ranked 138th.
65.8%
Ranked 89th. 18% more than Canada
Labor force > By occupation > Services 76%
Ranked 3rd.
80.4%
Ranked 1st. 6% more than Canada
GNI > Current US$ per capita 33,844.27$
Ranked 17th.
37,303.51$
Ranked 10th. 10% more than Canada

Tax > GDP per capita > Constant LCU 43,613.83
Ranked 82nd. 2 times more than United Kingdom
20,784.57
Ranked 113th.

GDP > Composition, by sector of origin > Agriculture 1.7%
Ranked 184th. 2 times more than United Kingdom
0.7%
Ranked 208th.
Investment > Gross fixed 23.7% of GDP
Ranked 55th. 71% more than United Kingdom
13.9% of GDP
Ranked 136th.

Foreign direct investment > Net > BoP > Current US$ per capita -1.528 BoP $
Ranked 108th.
917.67 BoP $
Ranked 9th.

Companies > Listed domestic companies, total 3,876
Ranked 4th. 78% more than United Kingdom
2,179
Ranked 8th.

Deposit interest rate 0.79%
Ranked 146th.
4.48%
Ranked 119th. 6 times more than Canada

Economic aid > Donor $3.90 billion
Ranked 8th.
$12.46 billion
Ranked 2nd. 3 times more than Canada
Tourist arrivals by region of origin > Europe 2.4 million
Ranked 31st.
21.74 million
Ranked 4th. 9 times more than Canada

GDP > Composition, by sector of origin > Industry 28.5%
Ranked 89th. 37% more than United Kingdom
20.8%
Ranked 152nd.
Trade > Exports $406.80 billion
Ranked 9th. About the same as United Kingdom
$405.60 billion
Ranked 10th.

Inflation 106.97
Ranked 155th.
111.28
Ranked 134th. 4% more than Canada

Technological achievement 0.59
Ranked 8th.
0.61
Ranked 7th. 3% more than Canada
Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 121.44
Ranked 140th.
125.3
Ranked 135th. 3% more than Canada

GDP > By type of expenditure > Household consumption expenditure 1.01 trillion
Ranked 9th.
1.63 trillion
Ranked 4th. 61% more than Canada

Currency > GDP > Constant 2000 US$ per capita $35,992.14
Ranked 20th.
$37,790.26
Ranked 15th. 5% more than Canada

Income > GNI per capita, PPP > Current international $ $42,530.00
Ranked 12th. 14% more than United Kingdom
$37,340.00
Ranked 16th.

Trade > Imports $406.40 billion
Ranked 11th.
$546.50 billion
Ranked 6th. 34% more than Canada

Development > Human Development Index 0.911
Ranked 11th. 4% more than United Kingdom
0.875
Ranked 26th.

Retail > Gross value added by wholesale, retail trade, restaurants and hotels 223 billion
Ranked 11th.
360.77 billion
Ranked 4th. 62% more than Canada

New businesses registered > Number > Per capita 6.2 per 1,000 people
Ranked 6th.
7.4 per 1,000 people
Ranked 3rd. 19% more than Canada

Economy growth -2.46
Ranked 109th.
-4.92
Ranked 136th. Twice as much as Canada

Trade > Exports > Per $ GDP $0.32 per $1 of GDP
Ranked 77th. 67% more than United Kingdom
$0.19 per $1 of GDP
Ranked 117th.

GDP > Composition, by end use > Government consumption 21.7%
Ranked 30th.
21.8%
Ranked 28th. About the same as Canada
GDP deflator 112.27
Ranked 147th.
112.98
Ranked 142nd. 1% more than Canada

Interest rate spread > Lending rate minus deposit rate 3.62%
Ranked 112th. 33% more than United Kingdom
2.72%
Ranked 130th.

Companies > Ease of doing business index > 1=most business-friendly regulations 19
Ranked 171st. 90% more than United Kingdom
10
Ranked 179th.

International tourism > Number of arrivals 18.77 million
Ranked 13th.
29.97 million
Ranked 6th. 60% more than Canada

Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $19.90 billion
Ranked 16th.
$24.80 billion
Ranked 14th. 25% more than Canada

GDP > PPP $993.08 billion
Ranked 13th.
$1.83 trillion
Ranked 6th. 85% more than Canada
Overall productivity > PPP $57,038.60
Ranked 10th. 12% more than United Kingdom
$50,825.40
Ranked 21st.
Industrial production growth rate 1.8%
Ranked 103th.
-4%
Ranked 157th.

Currency > Monetary unit 1 Canadian dollar = 100 cents 1 pound sterling = 100 pence
Debt > Central government debt, total > Current LCU 924.58 billion
Ranked 21st.
1.53 trillion
Ranked 17th. 66% more than Canada

Consumption > Consumption by sector > Plus: Direct purchases abroad by residents 29.14 billion USD
Ranked 6th.
49.15 billion USD
Ranked 1st. 69% more than Canada

GDP per capita > Constant LCU 37222.73 17772.08
International tourism > Number of departures 21.1 million
Ranked 8th.
66.49 million
Ranked 2nd. 3 times more than Canada

Budget > Revenues per capita $17,748.65
Ranked 12th. 19% more than United Kingdom
$14,881.68
Ranked 17th.

Household final > Consumption expenditure > Current US$ per capita 16,898.73$
Ranked 19th.
23,830.31$
Ranked 4th. 41% more than Canada

Consumption > Consumption by sector > Less: Direct purchases in domestic market by non-residents 13.93 billion USD
Ranked 17th.
38.64 billion USD
Ranked 3rd. 3 times more than Canada

GDP > CIA Factbook $958.70 billion
Ranked 11th.
$1.67 trillion
Ranked 6th. 74% more than Canada

Companies > Listed domestic companies, total per million 111.12
Ranked 6th. 3 times more than United Kingdom
34.46
Ranked 25th.

International tourism > Expenditures > Current US$ per capita 713.7$
Ranked 18th.
1,225.19$
Ranked 12th. 72% more than Canada

Income > GNI per capita, PPP > Constant 2005 international $ $35,936.26
Ranked 9th. 10% more than United Kingdom
$32,574.04
Ranked 15th.

GDP > Composition, by end use > Imports of goods and services -32%
Ranked 46th.
-33.8%
Ranked 52nd. 6% more than Canada
Tax > Taxes on income, profits and capital gains > Current LCU 157.63 billion
Ranked 38th.
199.9 billion
Ranked 33th. 27% more than Canada

Debt > Government debt > Gross government debt, share of GDP 85.64 IMF
Ranked 20th.
90.31 IMF
Ranked 16th. 5% more than Canada
GDP > Composition, by end use > Investment in fixed capital 24.1%
Ranked 71st. 69% more than United Kingdom
14.3%
Ranked 169th.
Micro > Small and medium enterprises > Number > Per capita 69.51 per 1,000 people
Ranked 4th.
73.79 per 1,000 people
Ranked 4th. 6% more than Canada
Investment > External financial assets €3.65 trillion
Ranked 8th.
€5.61 trillion
Ranked 4th. 53% more than Canada

Debt > External > Per $ GDP $547.12 per $1,000 of GDP
Ranked 43th.
$3,530.89 per $1,000 of GDP
Ranked 2nd. 6 times more than Canada

Companies > Stock market > Stocks traded, total value > Current US$ $1.21 trillion
Ranked 9th.
$2.49 trillion
Ranked 5th. 2 times more than Canada

Reserves > Total reserves > Includes gold, current US$ $68.55 billion
Ranked 28th.
$105.19 billion
Ranked 23th. 53% more than Canada

Business > Companies > Corporate governance (overall rating) 7.36
Ranked 2nd.
7.6
Ranked 1st. 3% more than Canada
Economic growth > Per capita -3.7
Ranked 115th.
-5.58
Ranked 137th. 51% more than Canada

Patents granted 31 per million people
Ranked 30th.
82 per million people
Ranked 18th. 3 times more than Canada
Reserves of foreign exchange and gold $68.55 billion
Ranked 30th.
$105.10 billion
Ranked 24th. 53% more than Canada

Gross national saving 21.2% of GDP
Ranked 68th. 93% more than United Kingdom
11% of GDP
Ranked 121st.

Total > Reserves in months of imports 0.9
Ranked 121st. 64% more than United Kingdom
0.55
Ranked 127th.

Balance of payments > Capital and financial account > Portfolio investment > Excluding LCFAR > BoP > Current US$ $90.96 billion
Ranked 3rd. 68% more than United Kingdom
$54.24 billion
Ranked 6th.

Research and development spending 1.7%
Ranked 17th.
1.8%
Ranked 15th. 6% more than Canada
Stock of domestic credit $3.09 trillion
Ranked 8th.
$3.76 trillion
Ranked 5th. 22% more than Canada

GDP > Constant 2000 US$ 809.55 billion constant 2000 US$
Ranked 8th.
1.62 trillion constant 2000 US$
Ranked 5th. Twice as much as Canada

Debt > Net foreign assets > Current LCU 12.53 billion
Ranked 116th.
180.31 billion
Ranked 76th. 14 times more than Canada

Tax > GDP > Current LCU 1.82 trillion
Ranked 70th. 16% more than United Kingdom
1.56 trillion
Ranked 76th.

Income > Household final consumption expenditure, PPP > Constant 2005 international $ $729.79 billion
Ranked 13th.
$1.29 trillion
Ranked 8th. 76% more than Canada

Poverty and inequality > Income inequality 1993-2011 32.56 latest available
Ranked 19th.
35.97 latest available
Ranked 10th. 10% more than Canada
Net barter terms of trade 111.29%
Ranked 4th. 6% more than United Kingdom
105.31%
Ranked 9th.

Companies > Market capitalization of listed companies > Current US$ $2.02 trillion
Ranked 6th.
$3.02 trillion
Ranked 5th. 50% more than Canada

Gross domestic savings 257.3 billion
Ranked 12th. 5% more than United Kingdom
244.27 billion
Ranked 13th.

Market value of publicly traded shares $1.91 trillion
Ranked 5th.
$3.11 trillion
Ranked 4th. 63% more than Canada

GDP > PPP per capita $31,038.57
Ranked 11th. 1% more than United Kingdom
$30,604.93
Ranked 13th.
Inflation > Consumer price index > 2005 = 100 113.74
Ranked 164th.
122.99
Ranked 124th. 8% more than Canada

GNI 1.32 trillion
Ranked 11th.
2.22 trillion
Ranked 7th. 68% more than Canada

Government spending 174.11 billion
Ranked 9th.
333.79 billion
Ranked 7th. 92% more than Canada

Gross Domestic Product > GDP > Size of GDP > GDP per capita $38,500.34 US dollars, current price
Ranked 7th. 8% more than United Kingdom
$35,668.88 US dollars, current price
Ranked 13th.
Lending interest rate 4.42%
Ranked 134th.
4.65%
Ranked 133th. 5% more than Canada

Trade balance with US $-14,500,000,000.00
Ranked 222nd. 10 times more than United Kingdom
$-1,454,200,000.00
Ranked 202nd.
Stock of direct foreign investment > At home $992.20 billion
Ranked 8th.
$1.32 trillion
Ranked 4th. 33% more than Canada

Entrepreneurship > Starting a Business > Index ranking 1
Ranked 154th.
9
Ranked 146th. 9 times more than Canada
GDP > Current LCU 1349715000000 1209334000000
Labor force per thousand people 0.000521
Ranked 104th. 3% more than United Kingdom
0.000505
Ranked 108th.

Innovation > Global Innovation Index > Efficiency Ratio 0.78
Ranked 12th.
0.8
Ranked 9th. 3% more than Canada
Tax > Taxes on income, profits and capital gains > Current LCU per capita 4,571.02
Ranked 45th. 43% more than United Kingdom
3,185.45
Ranked 53th.

Tax > Highest marginal tax rate > Individual > On income exceeding > US$ $107,542.00
Ranked 14th. 63% more than United Kingdom
$66,047.00
Ranked 27th.

GDP > PPP > Constant 2000 international $ per capita 29,680.78 PPP 2000 $
Ranked 11th. About the same as United Kingdom
29,571.68 PPP 2000 $
Ranked 12th.

Consumption > Consumption by sector > Equals: NPISHs final consumption expenditure 23.05 billion USD
Ranked 7th.
68.06 billion USD
Ranked 2nd. 3 times more than Canada

Income > Health expenditure per capita, PPP > Constant 2005 international $ $4,519.96
Ranked 7th. 36% more than United Kingdom
$3,321.67
Ranked 16th.

Income > GDP per capita, PPP > Current international $ $42,533.40
Ranked 15th. 14% more than United Kingdom
$37,455.93
Ranked 22nd.

Tourist arrivals by region of origin > Africa 61,842
Ranked 43th.
654,000
Ranked 7th. 11 times more than Canada

Tax > Total tax wedge > Single worker 30.2%
Ranked 20th. 2% more than United Kingdom
29.7%
Ranked 22nd.
Net income > BoP > Current US$ > Per capita -480,140.252 BoP $ per 1,000 people
Ranked 117th.
910,125.61 BoP $ per 1,000 people
Ranked 5th.

Government > Revenue > Tax revenue as percentage of GDP 32.2
Ranked 40th.
36.1
Ranked 14th. 12% more than Canada

International tourism > Receipts > Current US$ 15.83 billion$
Ranked 9th.
39.57 billion$
Ranked 3rd. 2 times more than Canada

Currency > GDP > Constant 2000 US$ $1.26 trillion
Ranked 10th.
$2.39 trillion
Ranked 6th. 90% more than Canada

Tax > GDP > Constant LCU 1.52 trillion
Ranked 56th. 16% more than United Kingdom
1.31 trillion
Ranked 62nd.

Gender income ratio 0.62%
Ranked 14th. 2% more than United Kingdom
0.61%
Ranked 18th.
Current transfers > Receipts > BoP > Current US$ 6.66 billion BoP $
Ranked 21st.
29.84 billion BoP $
Ranked 1st. 4 times more than Canada

Royalty and license fees > Payments > BoP > Current US$ 6.65 billion BoP $
Ranked 6th.
9.07 billion BoP $
Ranked 4th. 36% more than Canada

Debt > Interest rates > Central bank discount rate 1%
Ranked 89th. Twice as much as United Kingdom
0.5%
Ranked 90th.
Business efficiency 82.65
Ranked 5th. 21% more than United Kingdom
68.52
Ranked 20th.
Researchers in RandD > Per million people 3,596.89 per million people
Ranked 7th. 33% more than United Kingdom
2,705.99 per million people
Ranked 9th.

Household spending per capita 15,657.54
Ranked 8th.
18,342.65
Ranked 6th. 17% more than Canada

Companies > Stock market > Business extent of disclosure index > 0=less disclosure to 10=more disclosure 8
Ranked 33th.
10
Ranked 5th. 25% more than Canada

Net capital account > BoP > Current US$ > Per $ GDP 4.42 BoP $ per $1,000 of GDP
Ranked 47th. 60% more than United Kingdom
2.75 BoP $ per $1,000 of GDP
Ranked 54th.

Companies > Trademark applications, total 48,472
Ranked 16th. 23% more than United Kingdom
39,467
Ranked 19th.

Aid > Untied given $2,648.42 million
Ranked 8th.
$3,099.12 million
Ranked 5th. 17% more than Canada

Poverty and inequality > Inequality adjusted income index 0.718
Ranked 16th. 1% more than United Kingdom
0.709
Ranked 18th.
Innovation 26.5
Ranked 10th.
27
Ranked 4th. 2% more than Canada
Government spending in research and development 0.52% of GDP
Ranked 16th. The same as United Kingdom
0.52% of GDP
Ranked 15th.
Foreign direct investment > Net inflows > BoP > Current US$ per capita 1,056.76 BoP $
Ranked 17th.
2,636.82 BoP $
Ranked 7th. 2 times more than Canada

GDP in 1970 $85.10
Ranked 7th.
$123.60
Ranked 5th. 45% more than Canada
Income > GDP, PPP > Current international $ $1.48 trillion
Ranked 14th.
$2.37 trillion
Ranked 9th. 60% more than Canada

Micro > Small and medium enterprises > Number per 1000 69.49
Ranked 3rd.
73.75
Ranked 4th. 6% more than Canada
Entrepreneurship > Hiring and Firing > Index ranking 24
Ranked 130th. 60% more than United Kingdom
15
Ranked 139th.
Purchasing power parity > GDP per capita > PPP > Current international $ $37,945.58
Ranked 12th. 4% more than United Kingdom
$36,495.76
Ranked 16th.

Gross National Income > Constant LCU 1171439000000 1098318000000
Big Mac Index > Per $ GDP $0.04 per $14.1 billion of GDP
Ranked 58th. 95% more than United Kingdom
$0.02 per $14.1 billion of GDP
Ranked 60th.
Debt > Net domestic credit > Current LCU 2.85 trillion
Ranked 35th.
3.24 trillion
Ranked 36th. 14% more than Canada

Companies > Stock market > Stocks traded, total value > Current US$ per capita $34,629.50
Ranked 7th.
$39,358.90
Ranked 6th. 14% more than Canada

Size of economy > GDP > GDP growth 1.71%
Ranked 122nd. 6 times more than United Kingdom
0.273%
Ranked 148th.

Current account balance per capita 0.0
Ranked 149th.
0.0
Ranked 109th.

Debt > Interest payments > Current LCU 28.23 billion
Ranked 45th.
48.91 billion
Ranked 32nd. 73% more than Canada

Stocks traded > Turnover ratio 63.57%
Ranked 29th.
141.88%
Ranked 8th. 2 times more than Canada

Market capitalization of listed companies > Current US$ per capita 45,830.99$
Ranked 11th.
50,779.86$
Ranked 9th. 11% more than Canada

Tourism > International tourism, number of departures 30.15 million
Ranked 7th.
56.84 million
Ranked 5th. 89% more than Canada

Tourism > International tourism, number of arrivals per capita 0.464
Ranked 77th.
0.467
Ranked 75th. 1% more than Canada

GDP > By type of expenditure > Household consumption expenditure per capita 29,048
Ranked 10th. 13% more than United Kingdom
25,728.95
Ranked 15th.

Trade > Exports > Exports of goods and services 547.06 billion
Ranked 11th.
780.14 billion
Ranked 4th. 43% more than Canada

Foreign direct investment > Net > BoP > Current US$ -49,387,230 BoP $
Ranked 114th.
55.27 billion BoP $
Ranked 3rd.

Net capital account > BoP > Current US$ 4.92 billion BoP $
Ranked 3rd.
6.05 billion BoP $
Ranked 2nd. 23% more than Canada

GDP > Composition, by end use > Investment in inventories 0.5%
Ranked 85th. 67% more than United Kingdom
0.3%
Ranked 100th.
Gross domestic savings > Current US$ > Per $ GDP 251.91$ per $1,000 of GDP
Ranked 46th. 95% more than United Kingdom
129.35$ per $1,000 of GDP
Ranked 89th.

Innovation > Research and development personnel > By sector > Business enterprise sector (full time employment) 89,270
Ranked 7th. 4% more than United Kingdom
85,947.5
Ranked 4th.

Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults 204.77
Ranked 1st. 65% more than United Kingdom
124.28
Ranked 9th.

Net trade in goods and services > BoP > Current US$ 42.48 billion BoP $
Ranked 8th.
-82,281,890,000 BoP $
Ranked 136th.

Current account balance > BoP > Current US$ per capita 821.83 BoP $
Ranked 19th.
-821.241 BoP $
Ranked 112th.

Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP 3,116.5 BoP $ per $1 million of
Ranked 15th.
6,050.1 BoP $ per $1 million of
Ranked 9th. 94% more than Canada

Income > GNI, PPP > Current international $ per capita $42,533.40
Ranked 12th. 14% more than United Kingdom
$37,342.92
Ranked 16th.

Investment > Foreign investment > Commitment to Development Index (investment) 6.1
Ranked 6th.
6.3
Ranked 3rd. 3% more than Canada
Population below poverty line > Per $ GDP 9.7% per $1 trillion of GD
Ranked 27th. 62% more than United Kingdom
5.97% per $1 trillion of GD
Ranked 27th.

Trade > Exports > Primary 30%
Ranked 69th. 76% more than United Kingdom
17%
Ranked 88th.
Welfare > Revenue, excluding grants > Current LCU 294.98 billion
Ranked 51st.
558.34 billion
Ranked 40th. 89% more than Canada

Tax > Components of taxation > Property tax 9.7%
Ranked 4th.
11.9%
Ranked 1st. 23% more than Canada
Tax > Highest marginal tax rate > Corporate rate 33%
Ranked 25th. 18% more than United Kingdom
28%
Ranked 48th.

Income receipts > BoP > Current US$ per capita 1,232.74 BoP $
Ranked 24th.
5,642.01 BoP $
Ranked 7th. 5 times more than Canada

Net income > BoP > Current US$ -15,508,050,000 BoP $
Ranked 131st.
54.81 billion BoP $
Ranked 2nd.

Government > Revenue > Tax > Taxes local income of resident citizens yes yes
Innovation > Global Innovation Index > Overall score 57.6
Ranked 11th.
61.25
Ranked 3rd. 6% more than Canada
Innovation > Global Innovation Index > Innovation Output 50.45
Ranked 12th.
54.3
Ranked 4th. 8% more than Canada
Great recession of the late 2000s, period Q4-2008 until Q2-2009 (9 months) Q2-2008 until Q3-2009 (18 months) Q4-2011 until Q2-2012 (9 months)
GDP > Median household income (PPP) $50,362.00
Ranked 8th. 31% more than United Kingdom
$38,573.00
Ranked 21st.
Purchasing power parity > Gross domestic product per capita > PPP 34,567.06
Ranked 11th. 8% more than United Kingdom
32,146.76
Ranked 18th.

High-technology > Exports > Current US$ > Per capita $884,831.52 per 1,000 people
Ranked 22nd.
$1.01 million per 1,000 people
Ranked 20th. 15% more than Canada

Tax > GDP per capita > Current LCU 52,177.22
Ranked 97th. 2 times more than United Kingdom
24,746.17
Ranked 129th.

Spending > General government final consumption expenditure > Constant LCU 310.42 billion
Ranked 36th. 7% more than United Kingdom
289.96 billion
Ranked 37th.

Stocks traded > Total value > Current US$ 845.02 billion$
Ranked 11th.
4.17 trillion$
Ranked 3rd. 5 times more than Canada

Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita 6,393.14
Ranked 23th. 12% more than United Kingdom
5,705.97
Ranked 25th.

Budget > Expenditures per capita $19,858.44
Ranked 10th. 7% more than United Kingdom
$18,531.85
Ranked 13th.

Net domestic credit > Current LCU 2077170000000 2032084000000
Gross capital formation > Current US$ 205.02 billion$
Ranked 11th.
369.69 billion$
Ranked 4th. 80% more than Canada

Total > Reserves minus gold > Current US$ 32.96 billion$
Ranked 23th.
38.47 billion$
Ranked 20th. 17% more than Canada

Balance of payments > Current account > Balances > Current account balance > Current US$ $-38,379,665,052.08
Ranked 138th. 42% more than United Kingdom
$-27,060,601,906.50
Ranked 136th.

GNI > Atlas method > Current US$ per capita 32,574.99$
Ranked 18th.
37,737.52$
Ranked 10th. 16% more than Canada

Trade > Export value index 110.79%
Ranked 28th.
116.58%
Ranked 24th. 5% more than Canada

Tax > Social security contributions 20.62%
Ranked 36th.
21.13%
Ranked 34th. 2% more than Canada

Companies > New businesses registered > Number per 1000 5.16
Ranked 15th.
6.84
Ranked 8th. 33% more than Canada

Innovation > Patent applications, residents per million 137.86
Ranked 25th.
244.5
Ranked 10th. 77% more than Canada

Economic importance 16.9
Ranked 7th.
22.2
Ranked 4th. 31% more than Canada
Patent applications > Residents 5,061
Ranked 9th.
16,523
Ranked 7th. 3 times more than Canada

Income > PPP conversion factor, GDP > LCU per international $ $1.23
Ranked 135th. 86% more than United Kingdom
$0.66
Ranked 158th.

Income > GDP per capita, PPP > Constant 2005 international $ $35,936.26
Ranked 14th. 10% more than United Kingdom
$32,671.24
Ranked 19th.

Government > Revenue > Tax > Income tax 22.7%
Ranked 20th.
25.1%
Ranked 14th. 11% more than Canada
Economic aid > Donor per capita $117.06
Ranked 14th.
$202.95
Ranked 8th. 73% more than Canada
GNI > PPP > Current international $ 1.06 trillion PPP $
Ranked 14th.
2.05 trillion PPP $
Ranked 6th. 93% more than Canada

GDP per capita > PPP > Constant 2000 international $ 29,692.73 PPP 2000 $
Ranked 11th. About the same as United Kingdom
29,570.6 PPP 2000 $
Ranked 12th.

Currency > Legality of Bitcoins Yes Yes
Business > Companies > Specific companies > Apple Stores 29
Ranked 3rd.
37
Ranked 2nd. 28% more than Canada
Government > Revenue > Tax > Taxes local income of nonresident individuals yes yes
Index of Economic Freedom 79.4
Ranked 4th. 6% more than United Kingdom
74.8
Ranked 10th.
Innovation > Global Innovation Index > Innovation Input 64.76
Ranked 9th.
68.2
Ranked 4th. 5% more than Canada
Inequality > Gini coefficient > Level 0.317 Different summary measure
Ranked 13th.
0.335 Different summary measure
Ranked 8th. 6% more than Canada
Oil > Exports 1.93 million bbl/day
Ranked 8th. 47% more than United Kingdom
1.31 million bbl/day
Ranked 19th.

Debt > Credit depth of information index > 0=low to 6=high 6
Ranked 31st. The same as United Kingdom
6
Ranked 18th.

Debt > Strength of legal rights index > 0=weak to 10=strong 7
Ranked 82nd.
10
Ranked 6th. 43% more than Canada

Companies > Market capitalization of listed companies > Current US$ per capita $57,800.71
Ranked 8th. 21% more than United Kingdom
$47,755.58
Ranked 11th.

Innovation > Military expenditure > Current LCU 22.52 billion
Ranked 68th.
38.39 billion
Ranked 56th. 70% more than Canada

Balance of payments > Current account > Balances > Net trade in goods and services > Current US$ $-23,896,195,302.00
Ranked 136th.
$-60,321,331,061.58
Ranked 140th. 3 times more than Canada

Balance of payments > Foreign investment > Net > USD -20,452,665,054.48
Ranked 136th.
-21,876,595,764.75
Ranked 138th. 7% more than Canada

Government spending > Goods and services expense > Current LCU 21.95 billion
Ranked 57th.
118.59 billion
Ranked 30th. 5 times more than Canada

Public expenditure > Social expenditure > Public social expenditure 16.5%
Ranked 26th.
21.3%
Ranked 13th. 29% more than Canada
Purchasing power parity conversion factor > LCU per international $ 1.25 0.6
Companies > New businesses registered > Number 174,000
Ranked 4th.
429,363
Ranked 1st. 2 times more than Canada