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Country vs country: India and United States compared: Economy stats

Edsel.G

Author: Edsel.G

<h1>The economy of the United States is by far the biggest in the world. China is said to be on track to surpass the economic supremacy of the US in a decade or two, but at present, the economy of the latter is bigger than the economies of the next three economic giants combined. Many of the world’s largest companies are based in the US, and contrary to popular opinion, in terms of manufacturing, the US is still very dominant (a fifth of the world’s manufacturing output come from the US). The US, however, has been largely affected by the global financial crisis which started in 2007. While signs of recovery are everywhere, the full capabilities of the country are still to be reached. </h2>

<h1>India’s economy is among the biggest in the world (it is the second biggest in Asia, recently surpassing Japan). Like that of the US, India has a mixed economy where government-owned and private businesses are the primary drivers. Like most developed countries, India has a highly diversified market and trades with many countries for its imports and exports. However, while the economy continues to grow despite the current global financial instability, the wealth distribution in the country is far from balanced. Essentially, the gap between the rich and the poor has not at all lessened despite India’s vast treasury. </h2>

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.
  • 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
  • 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.

  • Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
  • 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
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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."
  • Industries: A rank ordering of industries starting with the largest by value of annual output.
  • 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.
  • 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.
  • 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."
  • Development > Human Development Index: Human Development Index trends, 1980-2012.
  • 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.
  • 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.
  • 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: 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.
  • 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.
  • Imports > Commodities: This entry provides a listing of the highest-valued imported products; it sometimes includes the percent of total dollar value.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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).
  • Budget > Expenditures: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • 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.
  • 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.
  • Exports > Main exports: Country main exports.
  • GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • GNI per capita: Country GNI per capita.
  • GDP per person: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
  • Consumer price index: Consumer price index reflects changes in the cost to the average consumer of acquiring a fixed basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
    2000 = 100
  • GDP > Composition, by sector of origin > Agriculture: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Labor force: This entry contains the total labor force figure.
  • GNI > Current US$ 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.
  • 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."
  • Industrial > Production growth rate: The annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • 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 > 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 > 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.
  • 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.

  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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."
  • 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."
  • 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.
  • 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
    .
  • 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. 
  • 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.
  • Trade > Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
  • 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.
  • Currency: The national medium of exchange and its basic sub-unit.
  • 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.
  • Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
  • Trade > Exports > By good > Passenger cars etc: Exports of Passenger cars etc, by country, in thousands USD
  • 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.
  • 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."
  • Technological achievement: Technology Achievement Index
    Units: Score
  • 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.
  • 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.
  • 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.
  • 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 > 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.
  • 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.
  • 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.
  • Trade > Exports > By good > Chocolate cocoa preparations: Exports of Chocolate/cocoa preparations, by country, in thousands USD
  • 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.
  • 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 > 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.
  • 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.
  • 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.
  • 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.
  • 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 $132.4 billion while in foreign countries.
  • Savings > Gross domestic savings > Current US$ 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.
  • 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.
  • 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






  • 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.
  • 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.
  • 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.
  • 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
     .
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • Gross domestic savings: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • 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.
  • 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.
  • 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.
  • GDP > Per $ GDP: 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 $ GDP figures expressed per 1 $ gross domestic product.
  • Stock of direct foreign investment > At home per capita: 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. Figures expressed per capita for the same year.
  • 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
  • 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.
  • Patents granted: Patents granted to residents per million people 1998.
  • 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.
  • 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).
  • Stocks traded > Total value > Current US$: Stocks traded refers to the total value of shares traded during the period.
  • Development > Human Development Index > Inequality adjusted: Inequality-adjusted Human Development Index.
  • 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.
  • 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.
  • 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 $10.46 trillion in America.
  • Companies > Listed domestic companies, total: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles.
  • Companies > Listed domestic companies, total per million: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles. Figures expressed per million population for the same year.
  • Overall productivity > PPP: Estimates: GDP (PPP) per person employed, US$
  • Industrial production growth rate: This entry gives the annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Trade > Imports > By good > Passenger cars etc: Imports of Passenger cars etc, by country, in thousands USD
  • 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.
  • Size of economy > Share of world GDP : Percent of world GDP (exchange rates).

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  • 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






  • 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."
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • Trade > Exports > By good > Perfume toilet cosmetics: Exports of Perfume/toilet/cosmetics, by country, in thousands USD
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • Business efficiency: Based upon a business efficiency index where '100' represents the highest level of business efficiency.
  • 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.
  • Research and development spending: Research and development (R&D;) expenditures for most recent year available between 1990 and 2000.
  • 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.
  • GDP > PPP per capita: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004. Figures expressed per capita for the same year.
  • International tourism > Receipts > Current US$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
  • Current transfers > Receipts > BoP > Current US$: 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.
  • Tax > Highest marginal tax rate > Individual > On income exceeding > US$: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals. This series presents the income levels for individuals above which the highest marginal tax rates levied at the national level apply.
  • Financial sector > Interest rates > Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
  • Tax > GDP per capita > Current LCU: GDP per capita (current LCU). GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Debt > Net foreign assets > Current LCU: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency.
  • Intellectual property > Patents granted: No. of Patents Granted.
  • GNI > Atlas method > Current US$ 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.
  • Labor force per thousand people: This entry contains the total labor force figure. Figures expressed per thousand people for the same year.
  • Poverty and inequality > Inequality adjusted income index: Inequality-adjusted Human Development Index.
  • 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.
  • GDP per capita > PPP > Constant 2000 international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars.
  • Current account balance per capita: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • GDP growth > Duration 1980-2000: Gross domestic product GDP growth rate from 1980 to 2000
  • Royalty and license fees > Receipts > BoP > Current US$ > 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.
  • 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.
  • 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.
  • Income > Household final consumption expenditure, PPP > Constant 2005 international $: Household final consumption expenditure, PPP (constant 2005 international $). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates.
  • Inflation: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used."
  • Tourism > International tourism, expenditures > Current US$: International tourism, expenditures (current US$). International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars.
  • GDP > PPP: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.
  • Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
  • Companies > Market capitalization of listed companies > Current US$ per capita: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Size of economy > GDP > GDP growth: GDP growth (annual %).
  • Trade > Export value index: Export values are from UNCTAD's value indexes or from current values of merchandise exports.
    2000 = 100
  • Welfare > Revenue, excluding grants > Current LCU: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
  • Business > Companies > Specific companies > IKEA > Debut: The year in which the first IKEA opened in each country. The first IKEA opened in Sweden in 1958.
  • Budget > Expenditures per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Foreign direct investment > Net > BoP > Current US$: 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.
  • 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 > 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
    .
  • 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.
  • 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 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.
  • 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."
  • 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.
  • 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.
  • 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.
  • Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita: 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. Figures expressed per capita for the same year.
  • 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 > 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.
  • 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.
  • 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 savings: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars."
  • 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.
  • GDP > CIA Factbook per capita: . Figures expressed per capita for the same year.
  • Tax > Taxes on international trade > Current LCU: Taxes on international trade (current LCU). Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.
  • 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.
  • GDP > Median household income (PPP): Median Household Income $PPP.
  • Consumption > Consumption by sector > Plus: Direct purchases abroad by residents per capita: Amount of money country's residents spent while abroad. For instance, American tourists spent a total of $132.4 billion while in foreign countries. Figures expressed per capita for the same year.
  • Savings > Gross savings > Current US$ per capita: Gross savings (current US$). Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Gross capital formation > Current US$: 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.
  • 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.
  • 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.
  • 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.
  • Electricity > Exports per capita: This entry is the total exported electricity in kilowatt-hours. Figures expressed per capita for the same year.
  • Tourism > International tourism, expenditures for travel items > Current US$: International tourism, expenditures for travel items (current US$). International tourism expenditures are expenditures of international outbound visitors in other countries. 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 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. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.
  • 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.
  • 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.
  • 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.
  • 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.
  • Trade > Imports > By good > Pharmaceuticals excl medicaments: Imports of Pharmaceuticals excl. medicaments, by country, in thousands USD
  • Terms of trade: Terms of trade (1980 = 100) 1999. The ratio of the export price index to the import price index measured relative to the base year 1980. A value of more than 100 implies that the price of exports has risen relative to the price of imports.
  • 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.
  • 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 > GNI, PPP > Current international $ per capita: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. Figures expressed per capita for the same year.
  • Trade > Imports > By good > Silver platinum etc: Imports of Silver/platinum etc, by country, in thousands USD
  • Net domestic credit > Current LCU: Net domestic credit is the sum of net credit to the nonfinancial public sector, credit to the private sector, and other accounts. Data are in current local currency.
  • Royalty and license fees > Payments > BoP > Current US$: 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.
  • Government > Revenue > Tax > Overall tax burden: Burden.

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

  • 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)


  • Trade > Imports > By good > Veneer plywood etc: Imports of Veneer/plywood/etc, by country, in thousands USD
  • 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.
  • Saving rate: ""Saving rate"" or gross savings are calculated as gross national income less total consumption, plus net transfers."
  • 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."
  • 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
  • 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.
  • Welfare > Social contributions > Current LCU: Social contributions (current LCU). 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.
  • Welfare > Social contributions > Current LCU per capita: Social contributions (current LCU). 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. Figures expressed per capita for the same year.
  • Debt > Interest payments > Current LCU per capita: 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. 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 Per capita figures expressed per 1 population.
  • Economic importance: Globalpolicy.org
  • Purchasing power parity conversion factor > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States.
  • Electricity > Consumption per capita: This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. Figures expressed per capita for the same year.
  • Current account balance > BoP > Current US$ 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.
  • Intellectual property > Patent applications: No. of Patent Applications.
  • 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."
  • Trade > Exports > Manufactured: Manufactured exports as % of manufactured export, 2000.
  • 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. Figures expressed per capita for the same year.
  • Gross capital formation > Current US$ > Per $ GDP: 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. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Gross national expenditure > Current US$ > Per $ GDP: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • GDP > PPP > Current 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 current international dollars. Figures expressed per capita for the same year.
  • Purchasing power parity > GNI per capita > PPP > Current international $: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Stocks traded > Turnover ratio: Turnover ratio is the total value of shares traded during the period divided by the average market capitalization for the period. Average market capitalization is calculated as the average of the end-of-period values for the current period and the previous period.
  • Consumption > Consumption by sector > Less: Direct purchases in domestic market by non-residents: Amount of money tourists and non-residents spent in each country.
  • Debt > Net domestic credit > Current LCU: Net domestic credit (current LCU). Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy (IFS line 32). Data are in current local currency.
  • Reserves > Total reserves minus gold > Current US$: Total reserves minus gold (current US$). Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars.
  • Spending > Gross national expenditure > Current LCU: Gross national expenditure (current LCU). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.
  • Consumption > Consumption by sector > Less: Direct purchases in domestic market by non-residents per capita: Amount of money tourists and non-residents spent in each country. Figures expressed per capita for the same year.
  • Savings > Gross domestic savings > Current LCU: Gross domestic savings (current LCU). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.
  • Balance of payments > Current account > Balances > Current account balance > Current US$: 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."
  • Trade > Export growth: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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."
  • National accounts > Atlas GNI and GNI per capita > GNI per capita > Atlas method > Current US$: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. 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. 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 area, Japan, the United Kingdom, and the United States."
  • Innovation: Innovation
    Units: Unitless Scale
  • 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.
  • Retail > Gross value added by wholesale, retail trade, restaurants and hotels: Gross Value Added by Kind of Economic Activity at current prices - US dollars.
  • GDP > CIA Factbook > Per capita: Per capita figures expressed per 1 population.
  • Inflation > Duration 1990-2000: Average annual change in consumer price index (%) 1990 - 2000
  • Trade > Exports > By good > Milk products excl butter cheese: Exports of Milk products excl. butter/cheese, by country, in thousands USD
  • Currency > Monetary unit: Country currency.
  • 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.
  • Currency > Legality of Bitcoins: Legal status of Bitcoins.
  • 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.
  • Tax > Tax Freedom Day > Date of year: Date when the Tax Freedom Day was achieved by countries in the year mentioned. Tax Freedom Day is the first day of the year in which a nation as a whole has theoretically earned enough income to fund its annual tax burden
  • GDP growth > Duration 1975-2000: GDP per capita annual growth rate (%) from 1975 to 2000
  • Tourism expenditures > International > Per $ GDP: Per $ GDP figures expressed per $1,000 gross domestic product
  • Market capitalization of listed companies > Current US$ > 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.
  • Debt > Banks > Commercial bank branches > Per 100,000 adults: Commercial bank branches (per 100,000 adults). Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.
  • Currency > PPP conversion factor > GDP to market exchange rate ratio: PPP conversion factor (GDP) to market 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. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, 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.
  • Income > PPP conversion factor, private consumption > LCU per international $: 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).
  • 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 per capita, PPP > Constant 2005 international $: GDP per capita, PPP (constant 2005 international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • Gross National Income > Constant LCU: Gross national income is derived as the sum of GNP and the terms of trade adjustment. Data are in constant local currency.
  • GDP > Constant 2000 US$ > 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.
  • Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency.
  • Investment > External financial assets per capita: Financial assets in 2013 EUR billions. Figures expressed per capita for the same year.
  • Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure)."
  • Oil > Consumption per thousand people: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
  • International tourism > Expenditures > Current US$: 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.
  • New businesses registered > Number: New businesses registered are the number of new firms, defined as firms registered in the current year of reporting."
  • 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.
  • Government expenditure: 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 current U.S. dollars."
  • Researchers in Research and development > Per million people: Researchers in Research and development 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 Research and development are included."
  • 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. Per capita figures expressed per 1 population.
  • Intellectual property > Patent applications per thousand people: No. of Patent Applications. Figures expressed per thousand people for the same year.
  • Intellectual property > Patents granted per million people: No. of Patents Granted. Figures expressed per million people for the same year.
  • 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.
  • External balance on goods and services > Current LCU: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.
  • 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. Per capita figures expressed per 1 population.
  • Household final > Consumption expenditure per capita > Constant 2000 US$: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars.
  • Total > Reserves minus gold > Current US$: 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.
  • Net trade in goods and services > BoP > Current US$: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
  • Trade > Export to Import ratio: Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000."
  • Gross national expenditure > Constant 2000 US$ per capita: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2000 U.S. dollars. Figures expressed per capita for the same year.
  • Income > CO2 emissions > Kg per 2005 PPP $ of GDP: CO2 emissions (kg per 2005 PPP $ of GDP). Carbon dioxide emissions are those stemming from the burning of fossil fuels and the manufacture of cement. They include carbon dioxide produced during consumption of solid, liquid, and gas fuels and gas flaring.
  • Savings > Adjusted savings: education expenditure > Current US$ per capita: Adjusted savings: education expenditure (current US$). Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. Figures expressed per capita for the same year.
  • Goods imports > BoP > Current US$: 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.
  • 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






  • 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.
  • Currency > 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).
  • 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."
  • National accounts > US$ at constant 2000 prices > Aggregate indicators > 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.
  • 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.
  • Balance of payments > Financial > Reserves: Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. These include changes in holdings of monetary gold, SDRs, foreign exchange assets, reserve position in the International Monetary Fund, and other claims on nonresidents that are available to the central authority. The measure is net of liabilities constituting foreign authorities' reserves, and counterpart items for valuation changes and exceptional financing items. Data are in current U.S. dollars."
  • Electricity > Production: 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.
  • Trade > Balance of payments > Charges for the use of intellectual property, receipts > BoP, current US$: Charges for the use of intellectual property, receipts (BoP, current US$). Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.
  • Balance of payments > Current account > Transfers > Workers' remittances and compensation of employees > Receiv: Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year. Data are in current U.S. dollars."
  • Electricity > Imports per capita: This entry is the total imported electricity in kilowatt-hours. Figures expressed per capita for the same year.
  • Gross national expenditure > Current US$ per capita: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Net current transfers from abroad > Constant LCU: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.
  • Total > Reserves > Includes gold > Current US$ per capita: 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. Figures expressed per capita for the same year.
  • Gross capital formation > Current US$ > Per capita: 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. Per capita figures expressed per 1 population.
  • Household final > Consumption expenditure > Etc. > Current US$: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • Trade > Exports > High-technology exports > Current US$: High-technology exports (current US$). High-technology exports are products with high R&D; intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.
  • Foreign direct investment > Net > BoP > Current US$ > 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. Per capita figures expressed per 1,000 population.
  • Net income > BoP > Current US$: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars.
  • Net capital account > BoP > Current US$ > 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.
  • Debt > Net current transfers from abroad > Current US$ per capita: Net current transfers from abroad (current US$). Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Trade > Exports > External balance on goods and services > Current US$ per capita: External balance on goods and services (current US$). External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • 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$). Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
  • Spending > Gross national expenditure > Constant 2000 US$: Gross national expenditure (constant 2000 US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2005 U.S. dollars.
  • Spending > Household final consumption expenditure per capita > Constant 2000 US$: Household final consumption expenditure per capita (constant 2000 US$). Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2005 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars.
  • Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Savings > Gross savings > Current LCU per capita: Gross savings (current LCU). Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency. Figures expressed per capita for the same year.
  • Debt > Net current transfers from abroad > Current LCU per capita: Net current transfers from abroad (current LCU). Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency. Figures expressed per capita for the same year.
  • Spending > Household final consumption expenditure > Constant 2000 US$ 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.
  • 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.
  • 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.
  • 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.
  • Tax > GDP > Constant LCU per capita: 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. Figures expressed per capita for the same year.
  • Reserves > Total reserves > Includes gold, current US$ per capita: Total reserves (includes gold, current US$). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tax > GDP > Current LCU per capita: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency. Figures expressed per capita for the same year.
  • Currency > GDP > Constant 2000 US$ per capita: GDP (constant 2000 US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Currency > GDP > Constant 2000 US$: GDP (constant 2000 US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Stock of direct foreign investment > Abroad per capita: . Figures expressed per capita for the same year.
  • Natural gas > Consumption: This entry is the total natural gas consumed in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
  • Transnational corporations > Affiliates: Number of foreign affiliates to transnational corporations
  • Patent applications > Residents: Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years."
  • Trade > Exports > Goods and services: Exports of goods and services as a % of GDP, 2000
  • Tourism > International tourism, receipts > Current US$: International tourism, receipts (current US$). International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.
  • 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.
  • Public institution index: Public institution index indicates the state of the country's public institutions.
  • Trade > Exports > Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Trade > Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • 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.
  • Natural gas > Production per capita: 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. Figures expressed per capita for the same year.
  • 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.
  • 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.
  • 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.
  • 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."
  • 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 > Per $ GDP: 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. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Trade > Tariffs > Binding coverage > All products: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.
  • Trade > Exports > Commodities: A rank ordering of exported products starting with the most important; it sometimes includes the percent of total dollar value.
STAT India United States HISTORY
Overview India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization measures, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s and have served to accelerate the country's growth, which averaged under 7% per year since 1997. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for nearly two-thirds of India's output, with less than one-third of its labor force. India has capitalized on its large educated English-speaking population to become a major exporter of information technology services, business outsourcing services, and software workers. In 2010, the Indian economy rebounded robustly from the global financial crisis - in large part because of strong domestic demand - and growth exceeded 8% year-on-year in real terms. However, India's economic growth began slowing in 2011 because of a slowdown in government spending and a decline in investment, caused by investor pessimism about the government's commitment to further economic reforms and about the global situation. High international crude prices have exacerbated the government's fuel subsidy expenditures, contributing to a higher fiscal deficit and a worsening current account deficit. In late 2012, the Indian Government announced additional reforms and deficit reduction measures to reverse India's slowdown, including allowing higher levels of foreign participation in direct investment in the economy. The outlook for India's medium-term growth is positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has many long-term challenges that it has yet to fully address, including poverty, corruption, violence and discrimination against women and girls, an inefficient power generation and distribution system, ineffective enforcement of intellectual property rights, decades-long civil litigation dockets, inadequate transport and agricultural infrastructure, limited non-agricultural employment opportunities, inadequate availability of quality basic and higher education, and accommodating rural-to-urban migration. The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $49,800. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to enter their rivals' home markets than foreign firms face entering US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II. The onrush of technology largely explains the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income. Imported oil accounts for nearly 55% of US consumption. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the United States into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, in October 2008 the US Congress established a $700 billion Troubled Asset Relief Program (TARP). The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009 the US Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012 the federal government reduced the growth of spending and the deficit shrank to 7.6% of GDP. Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2011, the direct costs of the wars totaled nearly $900 billion, according to US government figures. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries. In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million American citizens by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on health care - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010. In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight. In December 2012, the Federal Reserve Board announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short term rates near zero until unemployment drops to 6.5% from the December rate of 7.8%, or until inflation rises above 2.5%. Long-term problems include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits - including significant budget shortages for state governments.
Exports $301.90 billion
Ranked 19th.
$1.56 trillion
Ranked 2nd. 5 times more than India

Fiscal year 1 1
GDP $1.84 trillion
Ranked 11th.
$15.68 trillion
Ranked 2nd. 9 times more than India

GDP > Composition by sector > Industry 18%
Ranked 169th.
19.1%
Ranked 160th. 6% more than India

GDP > Per capita $2,625.09 per capita
Ranked 130th.
$45,759.46 per capita
Ranked 8th. 17 times more than India

GDP > Per capita > PPP $3,800.00
Ranked 132nd.
$51,700.00
Ranked 6th. 14 times more than India

GDP > Purchasing power parity $4.72 trillion
Ranked 3rd.
$16.24 trillion
Ranked 1st. 3 times more than India

GDP > Real growth rate 3.2%
Ranked 96th. 14% more than United States
2.8%
Ranked 106th.

GDP per capita $1,489.24
Ranked 135th.
$49,965.27
Ranked 10th. 34 times more than India

Gross National Income $477.00 billion
Ranked 12th.
$9.78 trillion
Ranked 1st. 21 times more than India
Population below poverty line 29.8%
Ranked 19th. 97% more than United States
15.1%
Ranked 34th.

Public debt 51.7% of GDP
Ranked 61st.
70% of GDP
Ranked 37th. 35% more than India

Tourist arrivals 5.37 million
Ranked 37th.
57.94 million
Ranked 3rd. 11 times more than India

Unemployment rate 8.5%
Ranked 46th. 5% more than United States
8.1%
Ranked 47th.

Debt > External $378.90 billion
Ranked 27th.
$15.93 trillion
Ranked 1st. 42 times more than India

Human Development Index 0.602
Ranked 127th.
0.944
Ranked 10th. 57% more than India
Budget > Revenues $172.10 billion
Ranked 23th.
$2.45 trillion
Ranked 1st. 14 times more than India

Debt > Government debt > Public debt, share of GDP 49.6 CIA
Ranked 64th.
72.5 CIA
Ranked 35th. 46% more than India
Inflation rate > Consumer prices 9.7%
Ranked 25th. 5 times more than United States
2.1%
Ranked 160th.

Distribution of family income > Gini index 36.8
Ranked 6th.
45
Ranked 9th. 22% more than India

GDP > Composition by sector > Agriculture 17%
Ranked 60th. 14 times more than United States
1.2%
Ranked 191st.

GDP > Composition by sector > Services 65%
Ranked 4th.
79.7%
Ranked 15th. 23% more than India

Exports > Commodities petroleum products, precious stones, machinery, iron and steel, chemicals, vehicles, apparel agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0%
Tourist arrivals > Per capita 4.67 per 1,000 people
Ranked 140th.
190.7 per 1,000 people
Ranked 91st. 41 times more than India

GDP > Per capita > PPP per thousand people $0.00
Ranked 185th.
$0.16
Ranked 139th. 54 times more than India

Economic freedom 55.2
Ranked 119th.
76
Ranked 10th. 38% more than India

Exports per capita $244.12
Ranked 148th.
$4,972.70
Ranked 50th. 20 times more than India

Debt > External > Per capita $146.39 per capita
Ranked 121st.
$40,678.76 per capita
Ranked 12th. 278 times more than India

GDP > Composition, by sector of origin > Services 65%
Ranked 74th.
79.7%
Ranked 14th. 23% more than India
Central bank discount rate 5.5%
Ranked 57th. 11 times more than United States
0.5%
Ranked 122nd.

Inequality > GINI index 36.8
Ranked 26th.
40.81
Ranked 16th. 11% more than India
Industries textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software, pharmaceuticals highly diversified, world leading, high-technology innovator, second largest industrial output in world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining
GINI index 36.8
Ranked 11th.
40.81
Ranked 16th. 11% more than India
GDP > Purchasing power parity per capita $3,355.94
Ranked 126th.
$47,587.30
Ranked 7th. 14 times more than India

World trade > Exports 269.73 billion
Ranked 14th.
1.58 trillion
Ranked 2nd. 6 times more than India

Development > Human Development Index 0.554
Ranked 135th.
0.937
Ranked 3rd. 69% more than India

Exchange rates Indian rupees (INR) per US dollar -<br />53.44 (2012 est.)<br />46.67 (2011 est.)<br />45.73 (2010 est.)<br />48.41 (2009)<br />43.32 (2008) <strong>British pounds per US dollar: </strong>0.6324 (2012 est.), 0.624 (2011 est.), 0.6472 (2010), 0.6175 (2009), 0.5302 (2008)<br /><strong>Canadian dollars per US dollar:</strong> (2012 est.), 1.001 (2012 est.), 0.9895 (2011 est), 1.0302 (2010 est.), 1.1431 (2009), 1.0364 (2008)<br /><strong>Chinese yuan per US dollar:</strong> (2011 est.), 6.311 (2012 est.), 6.4615 (20111 est.), 6.7703 (2010 est.), 6.8314 (2009), 6.9385 (2008)<br /><strong>euros per US dollar:</strong> 0.7838 (2012 est.), 0.7185 (2011 est.), 0.755 (2010 est.), 0.7198 (2009), 0.6827 (2008)<br /><strong>Japanese yen per US dollar:</strong> 79.42 (2012 est.), 79.81 (2011 est.), 87.78 (2010), 93.57 (2009), 103.58 (2008)
Population below poverty line > Per capita 0.022% per 1 million people
Ranked 26th.
0.041% per 1 million people
Ranked 44th. 86% more than India

Gross National Income per capita $450.21
Ranked 119th.
$34,319.53
Ranked 5th. 76 times more than India
Imports $503.50 billion
Ranked 8th.
$2.30 trillion
Ranked 1st. 5 times more than India

Currency > PPP conversion factor to official exchange rate ratio 0.21
Ranked 143th.
1
Ranked 24th. 5 times more than India

Imports > Commodities crude oil, precious stones, machinery, fertilizer, iron and steel, chemicals agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys)
Current account balance $-91,470,000,000.00
Ranked 178th.
$-440,400,000,000.00
Ranked 180th. 5 times more than India

Tax > Highest marginal tax rate > Individual rate 30%
Ranked 49th.
35%
Ranked 35th. 17% more than India

Imports per capita $407.14
Ranked 154th.
$7,336.40
Ranked 47th. 18 times more than India

Technology index 3.72
Ranked 61st.
6.24
Ranked 1st. 68% more than India
Agriculture > Products rice, wheat, oilseed, cotton, jute, tea, sugarcane, lentils, onions, potatoes; dairy products, sheep, goats, poultry; fish wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products
Currency > Official exchange rate > LCU per US$, period average $53.44
Ranked 63th. 53 times more than United States
$1.00
Ranked 147th.

Budget > Expenditures $263.80 billion
Ranked 17th.
$3.54 trillion
Ranked 1st. 13 times more than India

GDP per capita > PPP > Current international $ 3,452.5 PPP $
Ranked 102nd.
41,889.57 PPP $
Ranked 2nd. 12 times more than India

International tourism > Receipts > Current US$ > Per $ GDP 6.86$ per $1,000 of GDP
Ranked 126th.
9.9$ per $1,000 of GDP
Ranked 97th. 44% more than India

Micro > Small and medium enterprises > Number 295,098
Ranked 2nd.
5.87 million
Ranked 1st. 20 times more than India
Exports > Main exports Agricultural products, textile goods, gems and jewellery, software services and technology, engineering goods, chemicals, leather products Computers and electrical machinery, vehicles, chemical products, food and live animals, military equipment and aircraft
GDP per capita > Constant 2000 US$ 588.44 constant 2000 US$
Ranked 120th.
37,267.33 constant 2000 US$
Ranked 4th. 63 times more than India

GNI per capita $1,420.00
Ranked 83th.
$48,620.00
Ranked 11th. 34 times more than India
Commercial bank prime lending rate 10.63%
Ranked 81st. 3 times more than United States
3.25%
Ranked 170th.

GDP per person 1,134.01
Ranked 126th.
45,989.18
Ranked 9th. 41 times more than India

Consumer price index 121.54%
Ranked 71st. 7% more than United States
113.41%
Ranked 105th.

GDP > Composition, by sector of origin > Agriculture 17.4%
Ranked 55th. 16 times more than United States
1.1%
Ranked 194th.
Labor force 482
Ranked 18th. 3 times more than United States
155
Ranked 39th.

GNI > Current US$ per capita 709.82$
Ranked 121st.
42,124.23$
Ranked 5th. 59 times more than India

Consumer spending 57.31
Ranked 90th.
71.37
Ranked 53th. 25% more than India

Industrial > Production growth rate 9.7%
Ranked 21st. 3 times more than United States
3.3%
Ranked 92nd.

Tourism > International tourism, number of arrivals 6.31 million
Ranked 40th.
62.71 million
Ranked 3rd. 10 times more than India

GDP > Constant 2000 US$ 644.1 billion constant 2000 US$
Ranked 11th.
11.05 trillion constant 2000 US$
Ranked 1st. 17 times more than India

Debt > External per capita $142.70
Ranked 120th.
$40,666.44
Ranked 13th. 285 times more than India

Debt > Government debt > Gross government debt, share of GDP 66.84 IMF
Ranked 43th.
106.53 IMF
Ranked 11th. 59% more than India
Budget > Revenues > Per capita $124.97 per capita
Ranked 133th.
$8,527.60 per capita
Ranked 29th. 68 times more than India

Reserves of foreign exchange and gold per capita $237.25
Ranked 104th. 1% more than United States
$234.27
Ranked 105th.

Gross domestic savings > Current US$ per capita 212.41$
Ranked 79th.
5,533.71$
Ranked 25th. 26 times more than India

GDP > Official exchange rate per capita $1,186.11
Ranked 135th.
$47,264.02
Ranked 8th. 40 times more than India

GDP > Official exchange rate $1.82 trillion
Ranked 10th.
$16.02 trillion
Ranked 1st. 9 times more than India

Outbound tourist spending 12.08 billion
Ranked 23th.
117.97 billion
Ranked 2nd. 10 times more than India

Tax > Tax rates 14.31
Ranked 78th.
15.91
Ranked 3rd. 11% more than India

GDP per capita in 1950 $597.00
Ranked 46th.
$9,573.00
Ranked 1st. 16 times more than India
Budget surplus > + or deficit > - -5% of GDP
Ranked 143th.
-6.8% of GDP
Ranked 157th. 36% more than India

GDP > Composition, by end use > Household consumption 56.8%
Ranked 133th.
68.6%
Ranked 80th. 21% more than India
Consumption > Consumption by sector > Equals: Household final consumption expenditure 721.81 billion USD
Ranked 11th.
10.44 trillion USD
Ranked 2nd. 14 times more than India

Tax > GDP per capita > Constant LCU 47,010
Ranked 80th. 4% more than United States
45,335.9
Ranked 81st.

Trade > Exports $201.00 billion
Ranked 22nd.
$1.27 trillion
Ranked 3rd. 6 times more than India

Exports > Partners UAE 12.3%, US 12.2%, China 5%, Singapore 4.9%, Hong Kong 4.1% Canada 18.9%, Mexico 14%, China 7.2%, Japan 4.5%
Currency Indian rupee US dollar
Tourist arrivals by region of origin > Europe 1.43 million
Ranked 37th.
10.7 million
Ranked 10th. 7 times more than India

International tourism > Number of arrivals 3.92 million
Ranked 37th.
49.21 million
Ranked 3rd. 13 times more than India

Real interest rate 6.03%
Ranked 62nd. 96% more than United States
3.08%
Ranked 86th.

Trade > Exports > By good > Passenger cars etc 554,037
Ranked 26th.
21.75 million
Ranked 7th. 39 times more than India
Poverty and inequality > Richest quintile to poorest quintile ratio 5.6
Ranked 7th.
8.4
Ranked 3rd. 50% more than India
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $34.58 billion
Ranked 8th.
$134.71 billion
Ranked 3rd. 4 times more than India

Technological achievement 0.2
Ranked 58th.
0.73
Ranked 2nd. 4 times more than India
Debt > Central government debt, total > Current LCU 43.53 trillion
Ranked 5th. 4 times more than United States
12.26 trillion
Ranked 8th.

Trade > Imports $327.00 billion
Ranked 12th.
$1.90 trillion
Ranked 1st. 6 times more than India

Tax > Tax payments > Number 33
Ranked 66th. 3 times more than United States
11
Ranked 139th.

Trade > Exports > Per $ GDP $0.14 per $1 of GDP
Ranked 137th. 77% more than United States
$0.08 per $1 of GDP
Ranked 152nd.

GDP > Current LCU 35671770000000 12416510000000
Investment > External financial assets €1.04 trillion
Ranked 16th.
€42.17 trillion
Ranked 1st. 40 times more than India

Trade > Exports per capita $166.72
Ranked 124th.
$4,105.70
Ranked 46th. 25 times more than India

Trade > Exports > By good > Chocolate cocoa preparations 3,928
Ranked 50th.
502,876
Ranked 6th. 128 times more than India
Savings > Gross domestic savings > Current US$ $513.98 billion
Ranked 7th.
$2.55 trillion
Ranked 3rd. 5 times more than India

Population below poverty line > Per $ GDP 49.22% per $1 trillion of GD
Ranked 36th. 48 times more than United States
1.03% per $1 trillion of GD
Ranked 42nd.

Trade > Imports per capita $271.23
Ranked 121st.
$6,152.08
Ranked 42nd. 23 times more than India

Tax > GDP > Constant LCU 58.14 trillion
Ranked 7th. 4 times more than United States
14.23 trillion
Ranked 18th.

Foreign direct investment > Net > BoP > Current US$ per capita 2.98 BoP $
Ranked 114th.
340.7 BoP $
Ranked 23th. 114 times more than India

Budget > Revenues per capita $141.59
Ranked 127th.
$6,763.09
Ranked 33th. 48 times more than India

Consumption > Consumption by sector > Plus: Direct purchases abroad by residents 8.42 billion USD
Ranked 21st.
132.4 billion USD
Ranked 1st. 16 times more than India

Savings > Gross domestic savings > Current US$ per capita $415.61
Ranked 80th.
$8,113.69
Ranked 21st. 20 times more than India

International tourism > Number of departures 6.2 million
Ranked 23th.
63.5 million
Ranked 3rd. 10 times more than India

GDP > Composition, by end use > Imports of goods and services -25.6%
Ranked 23th. 51% more than United States
-16.9%
Ranked 4th.
Income > GNI per capita, PPP > Current international $ $3,910.00
Ranked 114th.
$52,610.00
Ranked 5th. 13 times more than India

Imports > Partners China 10.7%, UAE 7.8%, Saudi Arabia 6.8%, Switzerland 6.2%, US 5.1% China 19%, Canada 14.1%, Mexico 12%, Japan 6.4%, Germany 4.7%
Business > Companies > Corporate governance (overall rating) 4.54
Ranked 20th.
7.16
Ranked 4th. 58% more than India
GDP > Composition, by end use > Exports of goods and services 23.8%
Ranked 158th. 76% more than United States
13.5%
Ranked 182nd.
New businesses registered > Number > Per capita 0.018 per 1,000 people
Ranked 65th.
2.28 per 1,000 people
Ranked 26th. 127 times more than India

Tax > Taxes on income, profits and capital gains > Current LCU 5.25 trillion
Ranked 6th. 4 times more than United States
1.4 trillion
Ranked 15th.

Economic growth > Per capita 6.22
Ranked 8th.
-3.47
Ranked 111th.

Taxes and other revenues 9.5% of GDP
Ranked 179th.
15.3% of GDP
Ranked 2nd. 61% more than India

Debt > External > Per $ GDP $144.66 per $1,000 of GDP
Ranked 111th.
$760.50 per $1,000 of GDP
Ranked 31st. 5 times more than India

Gross domestic savings 397.96 billion
Ranked 7th.
1.61 trillion
Ranked 3rd. 4 times more than India

GNI 1.3 trillion
Ranked 12th.
14.01 trillion
Ranked 2nd. 11 times more than India

GDP per capita in 1900 $625.00
Ranked 36th.
$4,096.00
Ranked 3rd. 7 times more than India
GDP per capita > Constant LCU 25968.59 37267.33
Purchasing power parity > GDP per capita > PPP > Current international $ $3,270.15
Ranked 110th.
$45,989.18
Ranked 6th. 14 times more than India

GDP > Per $ GDP $2,625.09 per $1 of GDP
Ranked 130th.
$45,759.46 per $1 of GDP
Ranked 8th. 17 times more than India

Stock of direct foreign investment > At home per capita $182.02
Ranked 94th.
$8,444.99
Ranked 33th. 46 times more than India

Net barter terms of trade 75.86%
Ranked 99th.
97.17%
Ranked 22nd. 28% more than India

International tourism > Expenditures > Current US$ per capita 4.35$
Ranked 129th.
337.12$
Ranked 32nd. 77 times more than India

Patents granted 1 per million people
Ranked 52nd.
289 per million people
Ranked 3rd. 289 times more than India
GDP per capita in 1973 $853.00
Ranked 47th.
$16,607.00
Ranked 2nd. 19 times more than India
GDP > Purchasing power parity > Per capita $2,625.09 per capita
Ranked 130th.
$45,759.46 per capita
Ranked 8th. 17 times more than India

GDP > CIA Factbook $3.03 trillion
Ranked 4th.
$10.99 trillion
Ranked 1st. 4 times more than India

Gross national saving 28.8% of GDP
Ranked 31st. 2 times more than United States
12.5% of GDP
Ranked 118th.

Stocks traded > Total value > Current US$ 638.48 billion$
Ranked 4th.
21.51 trillion$
Ranked 1st. 34 times more than India

Development > Human Development Index > Inequality adjusted 0.392
Ranked 91st.
0.821
Ranked 16th. 2 times more than India
Micro > Small and medium enterprises > Number > Per capita 0.3 per 1,000 people
Ranked 4th.
19.98 per 1,000 people
Ranked 19th. 67 times more than India
Tourism > International tourism, number of arrivals per capita 0.00517
Ranked 160th.
0.201
Ranked 98th. 39 times more than India

Consumption > Consumption by sector > Equals: Household final consumption expenditure in domestic market 725.37 billion USD
Ranked 10th.
10.46 trillion USD
Ranked 1st. 14 times more than India

Companies > Listed domestic companies, total 5,191
Ranked 2nd. 27% more than United States
4,102
Ranked 3rd.

Companies > Listed domestic companies, total per million 4.2
Ranked 76th.
13.07
Ranked 49th. 3 times more than India

Overall productivity > PPP $7,279.30
Ranked 2nd.
$74,624.70
Ranked 2nd. 10 times more than India
Industrial production growth rate 1.2%
Ranked 114th.
3.2%
Ranked 79th. 3 times more than India

Trade > Imports > By good > Passenger cars etc 69,105
Ranked 75th.
116.2 million
Ranked 1st. 1682 times more than India
Foreign direct investment > Net inflows > BoP > Current US$ per capita 5.85 BoP $
Ranked 130th.
371.4 BoP $
Ranked 35th. 63 times more than India

Size of economy > Share of world GDP 1.45%
Ranked 11th.
31.49%
Ranked 1st. 22 times more than India
GDP > Composition, by end use > Government consumption 11.9%
Ranked 143th.
19.5%
Ranked 53th. 64% more than India
Market value of publicly traded shares $1.01 trillion
Ranked 11th.
$15.64 trillion
Ranked 1st. 15 times more than India

Government spending 98.9 billion
Ranked 13th.
1.74 trillion
Ranked 2nd. 18 times more than India

Reserves > Total reserves > Includes gold, current US$ $300.43 billion
Ranked 10th.
$574.27 billion
Ranked 4th. 91% more than India

Tax > GDP > Current US$ per capita $1,489.23
Ranked 137th.
$51,748.56
Ranked 10th. 35 times more than India

GDP deflator 125.5
Ranked 121st. 12% more than United States
112.4
Ranked 146th.

Total > Reserves in months of imports 12.19
Ranked 5th. 13 times more than United States
0.92
Ranked 120th.

GDP > Composition, by sector of origin > Industry 17.6%
Ranked 172nd.
19.2%
Ranked 161st. 9% more than India
Tax > Highest marginal tax rate > Corporate rate 33.99%
Ranked 21st.
40%
Ranked 4th. 18% more than India

GDP > By type of expenditure > Household consumption expenditure per capita 861.67
Ranked 162nd.
35,518
Ranked 8th. 41 times more than India

Debt > Central government debt, total > Current LCU per capita 35,643.99
Ranked 23th.
39,342.95
Ranked 20th. 10% more than India

Trade > Exports > By good > Perfume toilet cosmetics 190,982
Ranked 20th.
3.41 million
Ranked 3rd. 18 times more than India
Debt > Interest rates > Central bank discount rate 7.5%
Ranked 48th. 30 times more than United States
0.25%
Ranked 92nd.
Researchers in RandD > Per million people 119.05 per million people
Ranked 42nd.
4,605.01 per million people
Ranked 4th. 39 times more than India

Tourist arrivals by region of origin > Africa 130,753
Ranked 27th.
251,654
Ranked 16th. 92% more than India

Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita 598.7 USD
Ranked 73th.
33,496.5 USD
Ranked 5th. 56 times more than India

Inflation > Consumer price index > 2005 = 100 180.77
Ranked 39th. 54% more than United States
117.56
Ranked 152nd.

Companies > Ease of doing business index > 1=most business-friendly regulations 134
Ranked 55th. 34 times more than United States
4
Ranked 185th.

Tax > GDP > Current LCU 100.21 trillion
Ranked 11th. 6 times more than United States
16.24 trillion
Ranked 28th.

Household final > Consumption expenditure > Current US$ per capita 415.22$
Ranked 104th.
28,053.8$
Ranked 3rd. 68 times more than India

Business efficiency 59.05
Ranked 33th.
100
Ranked 1st. 69% more than India
GDP > PPP > Constant 2000 international $ per capita 2,982.81 PPP 2000 $
Ranked 104th.
37,380.07 PPP 2000 $
Ranked 2nd. 13 times more than India

Research and development spending 0.6%
Ranked 38th.
2.5%
Ranked 7th. 4 times more than India
Net income > BoP > Current US$ > Per capita -4,181.809 BoP $ per 1,000 people
Ranked 41st.
38,102.24 BoP $ per 1,000 people
Ranked 22nd.

GDP > PPP per capita $3,027.99
Ranked 110th.
$39,712.68
Ranked 2nd. 13 times more than India
International tourism > Receipts > Current US$ 4.13 billion$
Ranked 30th.
122.94 billion$
Ranked 1st. 30 times more than India

Current transfers > Receipts > BoP > Current US$ 22.83 billion BoP $
Ranked 2nd. 45% more than United States
15.77 billion BoP $
Ranked 8th.

Tax > Highest marginal tax rate > Individual > On income exceeding > US$ $10,115.00
Ranked 59th.
$372,950.00
Ranked 2nd. 37 times more than India

Financial sector > Interest rates > Real interest rate 8.05%
Ranked 52nd. 5 times more than United States
1.53%
Ranked 91st.

Tax > GDP per capita > Current LCU 81,027.96
Ranked 82nd. 57% more than United States
51,748.56
Ranked 98th.

Debt > Net foreign assets > Current LCU 15.36 trillion
Ranked 13th.
-125,482,689,271
Ranked 162nd.

Intellectual property > Patents granted 5,170
Ranked 16th.
224,505
Ranked 2nd. 43 times more than India

GNI > Atlas method > Current US$ per capita 713.37$
Ranked 114th.
43,695.99$
Ranked 5th. 61 times more than India

Labor force per thousand people 0.000395
Ranked 162nd.
0.000489
Ranked 115th. 24% more than India

Poverty and inequality > Inequality adjusted income index 0.434
Ranked 69th.
0.681
Ranked 22nd. 57% more than India
High-technology > Exports > Current US$ > Per capita $5,659.63 per 1,000 people
Ranked 75th.
$760,722.33 per 1,000 people
Ranked 24th. 134 times more than India

GDP per capita > PPP > Constant 2000 international $ 3,071.54 PPP 2000 $
Ranked 102nd.
37,267.33 PPP 2000 $
Ranked 2nd. 12 times more than India

Current account balance per capita 0.0
Ranked 91st.
0.0
Ranked 79th.

GDP growth > Duration 1980-2000 105%
Ranked 11th. 88% more than United States
56%
Ranked 25th.
Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP 41.8 BoP $ per $1 million of
Ranked 78th.
4,623.68 BoP $ per $1 million of
Ranked 12th. 111 times more than India

Gross domestic savings > Current US$ > Per $ GDP 297.14$ per $1,000 of GDP
Ranked 32nd. 2 times more than United States
138.73$ per $1,000 of GDP
Ranked 102nd.

Entrepreneurship > Starting a Business > Index ranking 90
Ranked 65th. 30 times more than United States
3
Ranked 152nd.
Stock of domestic credit $1.40 trillion
Ranked 13th.
$16.17 trillion
Ranked 1st. 12 times more than India

Income > Household final consumption expenditure, PPP > Constant 2005 international $ $2.30 trillion
Ranked 4th.
$9.70 trillion
Ranked 1st. 4 times more than India

Inflation 135.2
Ranked 51st. 23% more than United States
109.85
Ranked 143th.

Tourism > International tourism, expenditures > Current US$ $13.72 billion
Ranked 23th.
$117.29 billion
Ranked 2nd. 9 times more than India

GDP > PPP $3.36 trillion
Ranked 4th.
$11.63 trillion
Ranked 1st. 3 times more than India
Lending interest rate 10.75%
Ranked 74th. 74% more than United States
6.19%
Ranked 118th.

Companies > Market capitalization of listed companies > Current US$ per capita $1,021.55
Ranked 73th.
$59,469.57
Ranked 6th. 58 times more than India

Size of economy > GDP > GDP growth 3.24%
Ranked 91st. 46% more than United States
2.21%
Ranked 111th.

Trade > Export value index 169.39%
Ranked 30th. 46% more than United States
116.02%
Ranked 25th.

Welfare > Revenue, excluding grants > Current LCU 10.57 trillion
Ranked 11th. 4 times more than United States
2.54 trillion
Ranked 19th.

Business > Companies > Specific companies > IKEA > Debut 0.0
Ranked 43th.
1,985
Ranked 31st.

Budget > Expenditures per capita $213.50
Ranked 121st.
$10,981.93
Ranked 24th. 51 times more than India

Foreign direct investment > Net > BoP > Current US$ 3.26 billion BoP $
Ranked 13th.
100.68 billion BoP $
Ranked 1st. 31 times more than India

Trade > Imports of goods > Services and income > BoP > Current US$ 102.15 billion BoP $
Ranked 23th.
2.46 trillion BoP $
Ranked 1st. 24 times more than India

GDP > Composition, by end use > Investment in fixed capital 29.6%
Ranked 37th. Twice as much as United States
14.8%
Ranked 162nd.
Investment > Gross fixed 30% of GDP
Ranked 18th. 2 times more than United States
12.9% of GDP
Ranked 139th.

Gross fixed capital formation > Current US$ > Per $ GDP 0.281$ per $1 of GDP
Ranked 25th. 50% more than United States
0.187$ per $1 of GDP
Ranked 112th.

Poverty and inequality > Poorest's share in national income or consumption 8.54%
Ranked 7th. 57% more than United States
5.44%
Ranked 30th.
Household spending per capita 447.02
Ranked 80th.
26,782.83
Ranked 1st. 60 times more than India

Income > GDP, PPP > Current international $ per capita $3,813.12
Ranked 123th.
$51,748.56
Ranked 8th. 14 times more than India

Income > GNI per capita, PPP > Constant 2005 international $ $3,306.68
Ranked 80th.
$46,084.41
Ranked 3rd. 14 times more than India

Income > GDP per capita, PPP > Current international $ $3,813.12
Ranked 123th.
$51,748.56
Ranked 8th. 14 times more than India

Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita $1,856.62
Ranked 83th.
$30,898.88
Ranked 1st. 17 times more than India

Stock of direct foreign investment > At home $225.10 billion
Ranked 23th.
$2.65 trillion
Ranked 1st. 12 times more than India

Entrepreneurship > Hiring and Firing > Index ranking 116
Ranked 38th. 19 times more than United States
6
Ranked 148th.
Current account balance > BoP > Current US$ 6.85 billion BoP $
Ranked 24th.
-791,508,800,000 BoP $
Ranked 137th.

Companies > Market capitalization of listed companies > Current US$ $1.26 trillion
Ranked 10th.
$18.67 trillion
Ranked 1st. 15 times more than India

Gross savings 440.15 billion
Ranked 5th.
1.38 trillion
Ranked 2nd. 3 times more than India

Electricity > Consumption 600.6 billion kWh
Ranked 5th.
3.74 trillion kWh
Ranked 1st. 6 times more than India

GDP > CIA Factbook per capita $2,772.94
Ranked 107th.
$37,882.45
Ranked 2nd. 14 times more than India

Tax > Taxes on international trade > Current LCU 1.52 trillion
Ranked 8th. 48 times more than United States
31.87 billion
Ranked 32nd.

Income receipts > BoP > Current US$ per capita 3.45 BoP $
Ranked 119th.
1,606.16 BoP $
Ranked 22nd. 465 times more than India

GDP > Median household income (PPP) $3,865.00
Ranked 104th.
$53,046.00
Ranked 7th. 14 times more than India
Consumption > Consumption by sector > Plus: Direct purchases abroad by residents per capita 6.98 USD
Ranked 56th.
424.92 USD
Ranked 21st. 61 times more than India

Savings > Gross savings > Current US$ per capita $505.26
Ranked 77th.
$8,560.19
Ranked 15th. 17 times more than India

Gross capital formation > Current US$ 268.72 billion$
Ranked 7th.
2.24 trillion$
Ranked 1st. 8 times more than India

Micro > Small and medium enterprises > Number per 1000 0.293
Ranked 3rd.
20.04
Ranked 19th. 68 times more than India
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults 11.21
Ranked 122nd.
173.43
Ranked 4th. 15 times more than India

Reserves of foreign exchange and gold $297.80 billion
Ranked 10th. 98% more than United States
$150.20 billion
Ranked 18th.

Electricity > Exports per capita 0.681 kWh
Ranked 56th.
59.03 kWh
Ranked 41st. 87 times more than India

Tourism > International tourism, expenditures for travel items > Current US$ $13.72 billion
Ranked 22nd.
$86.18 billion
Ranked 2nd. 6 times more than India

Tourism > International tourism, number of departures 13.99 million
Ranked 17th.
58.5 million
Ranked 4th. 4 times more than India

Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita 267.21
Ranked 148th.
7,520.82
Ranked 17th. 28 times more than India

Tourist arrivals by region of origin > Americas 804,394
Ranked 28th.
31.18 million
Ranked 1st. 39 times more than India

International tourism > Receipts > Current US$ per capita 3.77$
Ranked 133th.
416.03$
Ranked 44th. 110 times more than India

Purchasing power parity > Gross domestic product per capita > PPP 2,969.5
Ranked 109th.
41,761.08
Ranked 6th. 14 times more than India

Trade > Imports > By good > Pharmaceuticals excl medicaments 498,658
Ranked 17th.
7.93 million
Ranked 1st. 16 times more than India
Terms of trade 148
Ranked 6th. 28% more than United States
116
Ranked 15th.
Oil > Consumption 3.18 million bbl/day
Ranked 4th.
19.15 million bbl/day
Ranked 1st. 6 times more than India

Income > GDP, PPP > Constant 2005 international $ per capita $3,340.60
Ranked 123th.
$45,335.90
Ranked 7th. 14 times more than India

Income > GNI, PPP > Current international $ per capita $3,907.19
Ranked 114th.
$52,608.35
Ranked 5th. 13 times more than India

Trade > Imports > By good > Silver platinum etc 370,304
Ranked 7th.
3.43 million
Ranked 1st. 9 times more than India
Net domestic credit > Current LCU 21555150000000 11970270000000
Tourist arrivals by region of origin > Southern Asia 841,969
Ranked 3rd. 2 times more than United States
411,277
Ranked 8th.

Royalty and license fees > Payments > BoP > Current US$ 420.77 million BoP $
Ranked 30th.
24.5 billion BoP $
Ranked 1st. 58 times more than India

Government > Revenue > Tax > Overall tax burden 20%
Ranked 26th.
26.9%
Ranked 24th. 35% more than India
Oil > Exports 825,600 bbl/day
Ranked 21st.
1.92 million bbl/day
Ranked 9th. 2 times more than India

Trade > Imports > By good > Veneer plywood etc 35,494
Ranked 48th.
5.29 million
Ranked 1st. 149 times more than India
Companies > Stock market > Stocks traded, total value > Current US$ per capita $503.34
Ranked 46th.
$68,092.78
Ranked 3rd. 135 times more than India

Saving rate 33.6
Ranked 9th. 3 times more than United States
9.77
Ranked 96th.

Economy growth 7.66
Ranked 11th.
-2.63
Ranked 111th.

Wholesale price index 126.44%
Ranked 25th. 7% more than United States
118.59%
Ranked 39th.

Government spending > Goods and services expense > Current LCU 1.27 trillion
Ranked 12th. 3 times more than United States
473.84 billion
Ranked 20th.

Welfare > Social contributions > Current LCU 33.92 billion
Ranked 37th.
905.45 billion
Ranked 8th. 27 times more than India

Welfare > Social contributions > Current LCU per capita 27.78
Ranked 67th.
2,905.93
Ranked 37th. 105 times more than India

Debt > Interest payments > Current LCU per capita 2,140.31
Ranked 34th. 2 times more than United States
1,040.67
Ranked 48th.

Budget > Expenditures > Per capita $152.76 per capita
Ranked 130th.
$9,065.55 per capita
Ranked 26th. 59 times more than India

Economic importance 2.1
Ranked 25th.
197.9
Ranked 1st. 94 times more than India
Purchasing power parity conversion factor > LCU per international $ 9.44 1
Electricity > Consumption per capita 511.3 kWh
Ranked 102nd.
12,194.74 kWh
Ranked 2nd. 24 times more than India

Current account balance > BoP > Current US$ per capita 6.27 BoP $
Ranked 53th.
-2,678.39 BoP $
Ranked 134th.

Intellectual property > Patent applications 15,717
Ranked 14th.
432,298
Ranked 3rd. 28 times more than India

Tourist departures 10.65 million
Ranked 16th.
63.55 million
Ranked 4th. 6 times more than India

Trade > Exports > Manufactured 79%
Ranked 32nd.
83%
Ranked 23th. 5% more than India
GDP > Constant 2000 US$ per capita 571.44 constant 2000 US$
Ranked 119th.
37,380.07 constant 2000 US$
Ranked 4th. 65 times more than India

Gross capital formation > Current US$ > Per $ GDP 0.334$ per $1 of GDP
Ranked 12th. 74% more than United States
0.192$ per $1 of GDP
Ranked 116th.

Gross national expenditure > Current US$ > Per $ GDP 1.04$ per $1 of GDP
Ranked 83th.
1.05$ per $1 of GDP
Ranked 76th. 2% more than India

GDP > PPP > Current international $ per capita 3,352.76 PPP $
Ranked 104th.
42,016.29 PPP $
Ranked 2nd. 13 times more than India

Stock of narrow money None None
Purchasing power parity > GNI per capita > PPP > Current international $ $3,250.00
Ranked 106th.
$45,640.00
Ranked 5th. 14 times more than India

Stocks traded > Turnover ratio 96.41%
Ranked 6th.
129.1%
Ranked 11th. 34% more than India

Consumption > Consumption by sector > Less: Direct purchases in domestic market by non-residents 11.98 billion USD
Ranked 20th.
156.2 billion USD
Ranked 1st. 13 times more than India

Debt > Net domestic credit > Current LCU 76.75 trillion
Ranked 10th. 5 times more than United States
16.15 trillion
Ranked 16th.

Reserves > Total reserves minus gold > Current US$ $270.59 billion
Ranked 9th. 94% more than United States
$139.13 billion
Ranked 14th.

Spending > Gross national expenditure > Current LCU 107.93 trillion
Ranked 9th. 6 times more than United States
16.79 trillion
Ranked 23th.

Consumption > Consumption by sector > Less: Direct purchases in domestic market by non-residents per capita 9.94 USD
Ranked 56th.
501.3 USD
Ranked 28th. 50 times more than India

Savings > Gross domestic savings > Current LCU 27.97 trillion
Ranked 8th. 11 times more than United States
2.55 trillion
Ranked 25th.

Balance of payments > Current account > Balances > Current account balance > Current US$ $-26,625,761,171.01
Ranked 135th.
$-378,434,537,000.00
Ranked 143th. 14 times more than India

Trade > Export growth -6.66
Ranked 50th.
8.37
Ranked 54th.

National accounts > Atlas GNI and GNI per capita > GNI per capita > Atlas method > Current US$ $1,180.00
Ranked 115th.
$46,360.00
Ranked 8th. 39 times more than India

Innovation 18.9
Ranked 36th.
30.3
Ranked 1st. 60% more than India
Tourism > International tourism, number of departures per 1000 11.46
Ranked 82nd.
187.74
Ranked 50th. 16 times more than India

Retail > Gross value added by wholesale, retail trade, restaurants and hotels 330.45 billion
Ranked 7th.
2.36 trillion
Ranked 1st. 7 times more than India