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Country vs country: United Kingdom and United States compared: Economy

Definitions

  • 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.
  • Debt > External: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services.
  • 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.
  • 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: 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 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
  • 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.
  • 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.
  • 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).
  • 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).
  • Household income or consumption by percentage share > Highest 10%: This entry is derived from Economy > Household income or consumption by percentage share, which data on household income or consumption come from household surveys, the results adjusted for household size. Nations use different standards and procedures in collecting and adjusting the data. Surveys based on income will normally show a more unequal distribution than surveys based on consumption. The quality of surveys is improving with time, yet caution is still necessary in making inter-country comparisons.
  • 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.
  • 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."
  • 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
     .
  • Imports > Commodities: This entry provides a listing of the highest-valued imported products; it sometimes includes the percent of total dollar value.
  • GDP > Real growth rate: GDP growth on an annual basis adjusted for inflation and expressed as a percent.
  • 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).
  • 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.
  • Exports > Commodities: This entry provides a listing of the highest-valued exported products; it sometimes includes the percent of total dollar value.
  • 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.
  • 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.
  • 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.
  • Companies > Market capitalization of listed companies > % of GDP: Market capitalization of listed companies (% of 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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 > 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
    .
  • 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.
  • 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.
  • Companies > Stock market > Stocks traded, turnover ratio > %: 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.
  • Budget > Revenues: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Budget > Expenditures: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • 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.
  • Companies > Stock market > Stocks traded, total value > Current US$: Stocks traded, total value (current US$). Stocks traded refers to the total value of shares traded during the period.
  • Companies > Market capitalization of listed companies > Current US$ 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.
  • 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.
  • 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
    .
  • 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 > 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
  • 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.
  • Companies > Market capitalization of listed companies > Current US$, % of GDP: 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 as a proportion of GDP for the same year
  • Industrial production growth rate: This entry gives the annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Industries: A rank ordering of industries starting with the largest by value of annual output.
  • 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.
  • Household income or consumption by percentage share > Lowest 10%: This entry is derived from Economy > Household income or consumption by percentage share, which data on household income or consumption come from household surveys, the results adjusted for household size. Nations use different standards and procedures in collecting and adjusting the data. Surveys based on income will normally show a more unequal distribution than surveys based on consumption. The quality of surveys is improving with time, yet caution is still necessary in making inter-country comparisons.
  • 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.
  • Labor force: This entry contains the total labor force figure.
  • 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.
  • Companies > Stock market > Stocks traded, total value > Current US$, % of GDP: Stocks traded, total value (current US$). Stocks traded refers to the total value of shares traded during the period. Figures expressed as a proportion of GDP 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.
  • Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
  • Companies > Stock market > Stocks traded, total value > % of GDP: Stocks traded, total value (% of GDP). Stocks traded refers to the total value of shares traded during the period. This indicator complements the market capitalization ratio by showing whether market size is matched by trading.
  • 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
  • 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.
  • Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
  • 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.
  • 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.
  • Big Mac Index: Price of a McDonald's Big Mac in US Dollars at current exchange rates. January 12th, 2006.
  • 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.
  • GDP > PPP: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.
  • 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
  • Technological achievement: Technology Achievement Index
    Units: Score
  • 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.
  • 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."
  • 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.
  • Economic aid > Donor: The net official development assistance (ODA) from Organization for Economic Cooperation and Development (OECD) nations to developing countries and multilateral organizations. ODA is defined as financial assistance that is concessional in character, has the main objective to promote economic development and welfare of the less developed countries (LDCs), and contains a grant element of at least 25%. The entry does not cover other official flows (OOF) or private flows.
  • Industrial > Production growth rate: The annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
  • 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."
  • Business efficiency: Based upon a business efficiency index where '100' represents the highest level of business efficiency.
  • 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.
  • 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."
  • Overall productivity > PPP: Estimates: GDP (PPP) per person employed, US$
  • 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.
  • Research and development spending: Research and development (R&D) expenditures for most recent year available between 1990 and 2000.
  • Economic importance: Globalpolicy.org
  • Patents granted: Patents granted to residents per million people 1998.
  • 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.
  • Innovation: Innovation
    Units: Unitless Scale
  • Commitment to foreign aid: Relative commitment to aid and military expenditure. Official development assistance compared with military expenditure, 1995 %.
  • Macroeconomic environment index: The macroeconomic environment index indicates the quality of the macroeconomic environment of a country.
  • 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.
  • Growth competitiveness score: The GCI, or the Growth competitiveness index, is composed of three pillars, all of which are widely accepted as being critical to economic growth: the quality of the macroeconomic environment, the state of a country's public institutions, and, given the increasing importance of technology in the development process, a country's technological readiness. The GCI aims specifically to gauge the ability of the world's economies to achieve sustained economic growth over the medium to long term.
  • Public institution index: Public institution index indicates the state of the country's public institutions.
  • 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
  • GDP in 1970: Gross domestic product GDP by exchange rate billion US dollar in 1970.
  • 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.
  • New business creation rate: Business entry rate shows the number of new firms, defined as firms registered in the current year of reporting, expressed as a percentage of total registered firms. Data are collected on firm entry and exit and total firms. Because of underreporting of firms that have closed or exited, especially in developing countries, the data on total registered firms may be biased upward."
  • Saving rate: ""Saving rate"" or gross savings are calculated as gross national income less total consumption, plus net transfers."
  • Transnational corporations > Affiliates: Number of foreign affiliates to transnational corporations
  • Risk premium on lending: Risk premium on lending is the interest rate charged by banks on loans to prime private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government.
  • New businesses registered > Number: New businesses registered are the number of new firms, defined as firms registered in the current year of reporting."
  • 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."
  • 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."
  • 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.
  • 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."
  • Research and development personnel: Scientists and engineers in research and development (R&D) per 1 million people for most recent year available between 1990 and 2000.
  • 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."
  • Currency: The national medium of exchange and its basic sub-unit.
  • Credit information availability index: Credit information index measures rules affecting the scope, accessibility, and quality of credit information available through public or private credit registries. The index ranges from 0 to 6, with higher values indicating the availability of more credit information, from either a public registry or a private bureau, to facilitate lending decisions.
  • Gross domestic savings: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • Transnational corporations > Parents: Number of parent transnational corporations
  • Business disclosure index: Disclosure index measures the degree to which investors are protected through disclosure of ownership and financial information. The index ranges from 0 to 10, with higher values indicating more disclosure.
  • Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
  • 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.
  • Exchange rates > Recent years: 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."
  • 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."
  • GDP after tax: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars."
  • World Bank exchange rate: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar."
  • Listed domestic companies: 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.
  • Fishing subsidies: Subsidies to the commercial fishing sector
    Units: US Dollars (Millions)
    Units: Data on itemized fishing subsidies were combined from Annex 1 of the WWF report. Where estimated ranges were given, the mid-point of the range was used. In calculating the ESI, the base-10 logarithm of this variable was used.
  • 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.
  • 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."
  • 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."
  • 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.
  • Male to female earnings: Difference between male and female median full-time earnings as % of male median full-time earnings (1999)
  • 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.
  • Trade in goods: Trade in goods (% of GDP). Trade in goods as a share of GDP is the sum of merchandise exports and imports, measured in current U.S. dollars, divided by the value of GDP in U.S. dollars.
  • Currency code: The International Organization for Standardization (ISO) 4217 alphabetic currency code for each country.
  • Patent applications > Nonresidents: 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."
  • Ease of doing business: Ease of doing business index ranks economies from 1 to 183, with first place being the best. A high ranking means that the regulatory environment is conducive to business operation. The index ranks the simple average of the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators. 1=most business-friendly regulations"
  • 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."
  • Policy competitiveness: Extent to which government policies are conducive to competitiveness (2003)
  • Net taxes: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. 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."
  • Trademark applications > Total: Trademark applications filed are applications to register a trademark with a national or regional Intellectual Property (IP) office. A trademark is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise. A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed indefinitely beyond the time limit on payment of additional fees."
  • GNI > Current LCU: 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 local currency.
  • Services output: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2000 U.S. dollars."
  • Services growth: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3."
  • Trademark applications > By residents: Trademark applications filed are applications to register a trademark with a national or regional Intellectual Property (IP) office. A trademark is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise. A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed indefinitely beyond the time limit on payment of additional fees. Direct resident trademark applications are those filed by domestic applicants directly at a given national IP office."
  • Total businesses registered > Number: Total businesses registered. Because of underreporting of firms that have closed or exited, especially in developing countries, the data on total registered firms may be biased upward."
  • Other expense > Current LCU: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital.
  • Development assistance to LDCs: Official Development Assistance (ODA) to Least Developed Countries (LDC's) as a proportion of all development assistance. (2000)
  • Gross savings > Current LCU: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.
  • 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.
  • Adjusted savings > Gross savings > % of GNI: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.
  • Trade > Imports > Goods and services > Current US$: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars.
  • Gross domestic savings > Current US$ > 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.
  • Cash surplus/deficit > % of GDP: Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).
  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.
  • Stocks traded > Total value > Current US$ > Per $ GDP: Stocks traded refers to the total value of shares traded during the period. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Tax > Taxes on income > Profits and capital gains > % of revenue: 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.
  • Inflation > GDP deflator > Annual %: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
  • Services > Etc. > Value added > Annual % growth: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.
  • Net income from abroad > Current US$ > Per $ GDP: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Portfolio investment > Excluding LCFAR > BoP > Current US$: Portfolio investment excluding liabilities constituting foreign authorities' reserves covers transactions in equity securities and debt securities. Data are in current U.S. dollars.
  • Gross capital formation > Current US$: 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.
  • Changes in net > Reserves > BoP > Current US$ > Per $ GDP: 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. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Gross savings > Current US$ > Per $ GDP: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • GNI > Atlas method > Current US$ > Per $ GDP: 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. Per $ GDP figures expressed per 1 $ gross domestic product.
  • GNI > Atlas method > Current US$: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States.
  • Trade > Exports > Goods and services > Current US$: 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 labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars.
  • 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$: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.
  • Trade > Import quantum/quantity index: Import volumes for low- and middle-income economies are from UNCTAD's quantum index series and for high-income economies from import data deflated by the IMFÂ’s trade price deflators.
    2000 = 100
  • Income payments > BoP > Current US$ > Per $ GDP: Income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.
  • Net errors and omissions > Adjusted > BoP > Current US$: Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero. In the International Financial Statistics presentation, this is equal to the difference between reserves and related items and the sum of the balances of the current, capital, and financial accounts. Data are in current U.S. dollars.
  • Revenue > Excluding grants > % of GDP: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
  • Service > Exports > BoP > Current US$ > Per capita: Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.
  • Trade > Export quantum/quantity index: Export volumes for low- and middle-income economies are from UNCTAD's quantum index series and for high-income economies from export data deflated by the IMFÂ’s trade price deflators.
    2000 = 100
  • Trade > Exports > Goods and services > Annual % 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 labor and property income (formerly called factor services) as well as transfer payments.
  • Trade > Exports > Goods and services > BoP > Current US$ > Per $ GDP: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • External balance on goods and services > Current US$: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Final > Consumption expenditure > Etc. > % of GDP: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.
  • Final > Consumption expenditure > Etc. > Current US$ > Per $ GDP: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • GDP > PPP > Current international $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Household final > Consumption expenditure > Current US$ > Per $ GDP: 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. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Income share held by lowest 20%: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.
  • Foreign direct investment > Net > BoP > Current US$: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars.
  • Currency > Real effective exchange rate index: Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
    2000 = 100
  • External balance on goods and services > % of GDP: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
  • Foreign direct investment > Net > BoP > Current US$ > Per $ GDP: 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 $ GDP figures expressed per 1,000 $ gross domestic product.
  • Trade > Export value index: Export values are from UNCTAD's value indexes or from current values of merchandise exports.
    2000 = 100
  • Domestic credit provided by banking sector > % of GDP: Domestic credit provided by the banking sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The banking sector includes monetary authorities and deposit money banks, as well as other banking institutions where data are available (including institutions that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other banking institutions are savings and mortgage loan institutions and building and loan associations.
  • Royalty and license fees > Payments > BoP > Current US$: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars.
  • Commercial service imports > Current US$: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.
  • Trade > Imports of goods > Services and income > BoP > Current US$ > Per $ GDP: 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. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Service imports > BoP > Current US$: Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies. Data are in current U.S. dollars.
  • Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • 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 savings > % of GNI: Gross savings are calculated as gross national income less total consumption, plus net transfers.
  • Final > Consumption expenditure > Etc. > Current US$: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • Net current transfers from abroad > Current US$ > Per $ GDP: 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. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • GDP > PPP > Constant 2000 international $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars.
  • Household final > Consumption expenditure > Etc. > Constant 2000 US$: 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. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars.
  • Net capital account > BoP > Current US$: Net capital account includes government debt forgiveness, investment grants in cash or in kind by a government entity, and taxes on capital transfers. Also included are migrants' capital transfers and debt forgiveness and investment grants by nongovernmental entities. Data are in current U.S. dollars.
  • Final > Consumption expenditure > Constant 2000 US$: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2000 U.S. dollars.
  • Current account balance > % of GDP: Current account balance is the sum of net exports of goods, services, net income, and net current transfers.
  • 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.
  • Household final > Consumption expenditure > Etc. > Current US$: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • Gross value added at factor cost > Current US$ > Per $ GDP: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Gross private capital flows > % of GDP: Gross private capital flows are the sum of the absolute values of direct, portfolio, and other investment inflows and outflows recorded in the balance of payments financial account, excluding changes in the assets and liabilities of monetary authorities and general government. The indicator is calculated as a ratio to GDP in 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.
  • Central government debt > Total > % of GDP: 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.
  • Goods > Exports > BoP > Current US$: Goods exports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from residents to nonresidents. 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.
  • Household final > Consumption expenditure > Annual % growth: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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.
  • Gross capital formation > Annual % growth: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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.
  • GNI > Current US$ > Per $ GDP: 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 $ GDP figures expressed per 1 $ gross domestic product.
  • Gross fixed capital formation > Annual % growth: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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.
  • Foreign direct investment > Net inflows > BoP > Current US$ > Per $ GDP: 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. Per $ GDP figures expressed per 1 million $ gross domestic product.
  • Foreign direct investment > Net inflows > % of GDP: 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 and is divided by GDP.
  • Current account balance > BoP > Current US$ > Per $ GDP: 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. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Commercial service > Exports > Current US$: Commercial service exports are total service exports minus exports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.
  • Current account balance > BoP > Current US$: 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.
  • 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 per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Bank nonperfoming loans to total gross loans: Bank nonperforming loans to total gross loans are the value of nonperforming loans divided by the total value of the loan portfolio (including nonperforming loans before the deduction of specific loan-loss provisions). The loan amount recorded as nonperforming should be the gross value of the loan as recorded on the balance sheet, not just the amount that is overdue.
  • Trade > % of GDP: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Tax > Components of taxation > Social security > Contribution by employer: Tax on employer's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
  • Gross capital formation > Current US$ > 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.
  • GDP per capita growth > Annual %: 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.
  • 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.
  • Service > Exports > BoP > Current US$: Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies. Data are in current U.S. dollars.
  • Net trade in goods > BoP > Current US$: Net trade in goods is the difference between exports and imports of goods. 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. Trade in services is not included. Data are in current U.S. dollars.
  • GDP > Constant 2000 US$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Merchandise > Exports > Current US$: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in U.S. dollars. Data are in current U.S. dollars.
  • International tourism > Expenditures > Current US$: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
  • Net income > BoP > Current US$: 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.
  • 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.
  • Trade > Import value index: Import values are from UNCTAD's value indexes or from current values of merchandise imports.
    2000 = 100
  • 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 > 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. Per capita figures expressed per 1 population.
  • Household final > Consumption expenditure > Constant 2000 US$: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars.
  • Market capitalization of listed companies > Current US$ > 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.
  • Trade > Exports of goods > Services and income > BoP > Current US$ > Per $ GDP: Exports of goods, services and income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • GDP > CIA Factbook > Per capita: Per capita figures expressed per 1 population.
  • 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.
  • 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.
  • 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. Per capita figures expressed per 1 population.
  • 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.
  • 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. Per capita figures expressed per 1 population.
  • GNI > PPP > Current international $ > Per capita: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. Per capita figures expressed per 1 population.
  • Goods > Exports > BoP > Current US$ > Per capita: Goods exports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from residents to nonresidents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Grants and other revenue > % of revenue: Grants and other revenue include grants from other foreign governments, international organizations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner­ship of property); and voluntary, unrequited, nonrepayable receipts other than grants.
  • Gross capital formation > Constant 2000 US$: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars.
  • Gross capital formation > Constant 2000 US$ > 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 constant 2000 U.S. dollars. Per capita figures expressed per 1 population.
  • Current transfers > Receipts > BoP > Current US$ > Per $ GDP: 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. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • 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. Per capita figures expressed per 1 population.
  • Gross fixed capital formation > Constant 2000 US$ > Per capita: 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 constant 2000 U.S. dollars. Per capita figures expressed per 1 population.
  • Gross fixed capital formation > Current US$ > Per capita: 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 capita figures expressed per 1 population.
  • 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. Per capita figures expressed per 1 population.
  • 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. Per capita figures expressed per 1 population.
  • Gross savings > Current US$ > Per capita: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
  • Gross value added at factor cost > Current US$ > Per capita: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • High-technology > Exports > % of manufactured > Exports: High-technology exports are products with high research and development intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery."
  • Household final > Consumption expenditure > Constant 2000 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 constant 2000 U.S. dollars. Per capita figures expressed per 1 population.
  • 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. Per capita figures expressed per 1 population.
  • Household final > Consumption expenditure per capita growth > Annual %: Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2000 prices and World Bank population estimates. Household final consumption expenditure (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.
  • Household final > Consumption expenditure > Etc. > Constant 2000 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. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars. Per capita figures expressed per 1 population.
  • Household final > Consumption expenditure > Etc. > Current US$ > Per $ GDP: 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. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Household final > Consumption expenditure > Etc. > 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. 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. Per capita figures expressed per 1 population.
  • 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.
  • 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. Per capita figures expressed per 1 population.
  • 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 > Imports > Goods and services > BoP > Current US$ > Per capita: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Trade > Imports > Goods and services > Constant 2000 US$ > Per capita: 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 constant 2000 U.S. dollars. Per capita figures expressed per 1 population.
  • Trade > Imports > Goods and services > Current US$ > Per capita: 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 capita figures expressed per 1 population.
  • Trade > Imports of goods > Services and income > BoP > Current US$ > Per capita: 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. Per capita figures expressed per 1 population.
  • Income payments > BoP > Current US$ > Per capita: Income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • 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. Per capita figures expressed per 1 population.
  • Services > Etc. > Value added > Constant 2000 US$: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2000 U.S. dollars.
  • Insurance and financial services > % of commercial service > Exports: Insurance and financial services cover freight insurance on goods exported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services.
  • Insurance and financial services > % of commercial service imports: Insurance and financial services cover freight insurance on goods exported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services.
  • International tourism > Expenditures > Current US$ > 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. Per capita figures expressed per 1 population.
  • International tourism > Receipts > Current US$ > Per capita: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • GDP per unit of energy use: GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2000 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.
  • Listed domestic companies > Per capita: 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. Per capita figures expressed per 1 million population.
  • 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. Per capita figures expressed per 1 population.
  • Market value of publicly traded shares > Per $ GDP: Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Market value of publicly traded shares > Per capita: Per capita figures expressed per 1 population.
  • Merchandise > Exports > Current US$ > Per capita: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in U.S. dollars. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • 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.
  • Merchandise imports > Current US$: Merchandise imports show the c.i.f. value of goods received from the rest of the world valued in U.S. dollars. Data are in current U.S. dollars.
  • Merchandise imports > Current US$ > Per capita: Merchandise imports show the c.i.f. value of goods received from the rest of the world valued in U.S. dollars. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Net capital account > BoP > Current US$ > Per capita: 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 capita figures expressed per 1,000 population.
  • Net current transfers > BoP > Current US$ > Per $ GDP: Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Net current transfers > BoP > Current US$ > Per capita: Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Net current transfers from abroad > Current US$ > Per capita: 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. Per capita figures expressed per 1 million population.
  • Net errors and omissions > Adjusted > BoP > Current US$ > Per $ GDP: Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero. In the International Financial Statistics presentation, this is equal to the difference between reserves and related items and the sum of the balances of the current, capital, and financial accounts. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Net errors and omissions > Adjusted > BoP > Current US$ > Per capita: Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero. In the International Financial Statistics presentation, this is equal to the difference between reserves and related items and the sum of the balances of the current, capital, and financial accounts. Data are in current U.S. dollars. Per capita figures expressed per 1 billion population.
  • 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. Per capita figures expressed per 1,000 population.
  • 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$ > Per $ GDP: 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 $ GDP figures expressed per 1,000 $ gross domestic product.
  • 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.
  • Net income from abroad > Current US$ > Per capita: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars. Per capita figures expressed per 1 million population.
  • Net incurrence of liabilities > Foreign > % of GDP: Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash.
  • Net trade in goods > BoP > Current US$ > Per capita: Net trade in goods is the difference between exports and imports of goods. 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. Trade in services is not included. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • 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.
  • Net trade in goods and services > BoP > Current US$ > Per $ GDP: 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. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Net trade in goods and services > BoP > Current US$ > Per capita: 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. Per capita figures expressed per 1 population.
  • Final > Consumption expenditure > Etc. > Constant 2000 US$: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars.
  • Goods imports > BoP > Current US$ > Per $ GDP: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • 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.
  • 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.
  • Portfolio investment > Excluding LCFAR > BoP > Current US$ > Per capita: Portfolio investment excluding liabilities constituting foreign authorities' reserves covers transactions in equity securities and debt securities. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
  • Final > Consumption expenditure > Etc. > Current US$ > Per capita: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Final > Consumption expenditure > Etc. > Constant 2000 US$ > Per capita: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars. Per capita figures expressed per 1 population.
  • Reserves of foreign exchange and gold > Per $ GDP: 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. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • 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. Per capita figures expressed per 1 population.
  • Royalty and license fees > Payments > BoP > Current US$ > Per capita: 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 capita figures expressed per 1,000 population.
  • Royalty and license fees > Payments > 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.
  • Royalty and license fees > Receipts > BoP > Current US$ > Per capita: 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 capita figures expressed per 1,000 population.
  • Service > Exports > BoP > Current US$ > Per $ GDP: Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Final > Consumption expenditure > Current US$: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.
  • Service imports > BoP > Current US$ > Per capita: Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Services > Etc. > Value added > Constant 2000 US$ > Per capita: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2000 U.S. dollars. Per capita figures expressed per 1 population.
  • Services > Etc. > Value added > Current US$ > Per capita: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Share of household income > Highest 10%: The percentage of total national household income held by the top 10 percent of households. Data on household income or consumption come from household surveys, the results adjusted for household size. Nations use different standards and procedures in collecting and adjusting the data. Surveys based on income will normally show a more unequal distribution than surveys based on consumption. The quality of surveys is improving with time, yet caution is still necessary in making inter-country comparisons.
  • Share of household income > Lowest 10%: The percentage of total national household income held by the bottom 10 percent of households. Data on household income or consumption come from household surveys, the results adjusted for household size. Nations use different standards and procedures in collecting and adjusting the data. Surveys based on income will normally show a more unequal distribution than surveys based on consumption. The quality of surveys is improving with time, yet caution is still necessary in making inter-country comparisons.
  • Final > Consumption expenditure > Current US$ > Per capita: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Final > Consumption expenditure > Constant 2000 US$ > Per capita: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2000 U.S. dollars. Per capita figures expressed per 1 population.
  • 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. Per capita figures expressed per 1 population.
  • Total > Reserves minus gold > Current US$ > Per capita: 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. Per capita figures expressed per 1 population.
  • Tourism expenditures > International > Per capita: Per capita figures expressed per 1 population.
  • Tourism receipts > International > Per capita: Per capita figures expressed per 1 population.
  • 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.
  • Income share held by third 20%: Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.
STAT United Kingdom United States HISTORY
Companies > Listed domestic companies, total per million 34.46
Ranked 25th. 3 times more than United States
13.07
Ranked 49th.

Debt > External $10.09 trillion
Ranked 2nd.
$15.93 trillion
Ranked 1st. 58% more than United Kingdom

Debt > External per capita $171,348.98
Ranked 3rd. 4 times more than United States
$40,666.44
Ranked 13th.

Distribution of family income > Gini index 40
Ranked 1st.
45
Ranked 9th. 13% more than United Kingdom

GDP $2.44 trillion
Ranked 7th.
$15.68 trillion
Ranked 2nd. 6 times more than United Kingdom

GDP > Composition, by end use > Investment in inventories 0.3%
Ranked 100th.
0.4%
Ranked 87th. 33% more than United Kingdom
GDP per capita $38,514.46
Ranked 21st.
$49,965.27
Ranked 10th. 30% more than United Kingdom

GINI index 35.97
Ranked 14th.
40.81
Ranked 16th. 13% more than United Kingdom
Gross National Income $1.48 trillion
Ranked 4th.
$9.78 trillion
Ranked 1st. 7 times more than United Kingdom
Gross national saving 11% of GDP
Ranked 121st.
12.5% of GDP
Ranked 118th. 14% more than United Kingdom

Household income or consumption by percentage share > Highest 10% 28.5%
Ranked 2nd.
30%
Ranked 15th. 5% more than United Kingdom
Human Development Index 0.939
Ranked 15th.
0.944
Ranked 10th. 1% more than United Kingdom
Population below poverty line 14%
Ranked 23th.
15.1%
Ranked 34th. 8% more than United Kingdom

Public debt 88.7% of GDP
Ranked 19th. 27% more than United States
70% of GDP
Ranked 37th.

Tourist arrivals 30.14 million
Ranked 7th.
57.94 million
Ranked 3rd. 92% more than United Kingdom

GDP > Composition, by end use > Exports of goods and services 31.6%
Ranked 116th. 2 times more than United States
13.5%
Ranked 182nd.
Imports > Commodities manufactured goods, machinery, fuels; foodstuffs 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)
GDP > Real growth rate 0.2%
Ranked 152nd.
2.8%
Ranked 106th. 14 times more than United Kingdom

Fiscal year 6 1
Central bank discount rate 0.5%
Ranked 49th. The same as United States
0.5%
Ranked 122nd.

Exchange rates British pounds (GBP) per US dollar -<br />0.63 (2012 est.)<br />0.62 (2011 est.)<br />0.65 (2010 est.)<br />0.62 (2009)<br />0.53 (2008) <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)
Exports > Commodities manufactured goods, fuels, chemicals; food, beverages, tobacco 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%
GDP > Composition by sector > Services 78.2%
Ranked 20th.
79.7%
Ranked 15th. 2% more than United Kingdom

GDP > Per capita > PPP $36,600
Ranked 21st.
$51,700
Ranked 6th. 41% more than United Kingdom

Current account balance $-93,600,000,000
Ranked 179th.
$-440,400,000,000
Ranked 180th. 5 times more than United Kingdom

Companies > Market capitalization of listed companies > % of GDP 122.16%
Ranked 7th. 6% more than United States
114.92%
Ranked 10th.

Commercial bank prime lending rate 4.22%
Ranked 160th. 30% more than United States
3.25%
Ranked 170th.

GDP > Composition, by sector of origin > Agriculture 0.7%
Ranked 208th.
1.1%
Ranked 194th. 57% more than United Kingdom
Stock of direct foreign investment > At home $1.32 trillion
Ranked 4th.
$2.65 trillion
Ranked 1st. Twice as much as United Kingdom

Imports $643.5 billion
Ranked 5th.
$2.3 trillion
Ranked 1st. 4 times more than United Kingdom

Taxes and other revenues 40.4% of GDP
Ranked 37th. 3 times more than United States
15.3% of GDP
Ranked 2nd.

Companies > Stock market > Stocks traded, total value > Current US$ per capita $39,358.9
Ranked 6th.
$68,092.78
Ranked 3rd. 73% more than United Kingdom

GDP > Purchasing power parity $2.31 trillion
Ranked 8th.
$16.24 trillion
Ranked 1st. 7 times more than United Kingdom

GDP > Composition, by end use > Investment in fixed capital 14.3%
Ranked 169th.
14.8%
Ranked 162nd. 3% more than United Kingdom
Stock of narrow money None None
Stock of direct foreign investment > Abroad $1.81 trillion
Ranked 2nd.
$4.45 trillion
Ranked 1st. 2 times more than United Kingdom

GDP > Composition, by sector of origin > Services 78.5%
Ranked 19th.
79.7%
Ranked 14th. 2% more than United Kingdom
GDP > Composition, by sector of origin > Industry 20.8%
Ranked 152nd. 8% more than United States
19.2%
Ranked 161st.
Companies > Stock market > Stocks traded, turnover ratio > % 84.04%
Ranked 13th.
124.6%
Ranked 6th. 48% more than United Kingdom

Budget > Revenues $986.1 billion
Ranked 6th.
$2.45 trillion
Ranked 1st. 2 times more than United Kingdom

Budget > Expenditures $1.19 trillion
Ranked 6th.
$3.54 trillion
Ranked 1st. 3 times more than United Kingdom

Overview The UK, a leading trading power and financial center, is the second largest economy in Europe after Germany. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. After emerging from recession in 1992, Britain's economy enjoyed the longest period of expansion on record during which time growth outpaced most of Western Europe. In 2008, however, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Sharply declining home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets; these include nationalizing parts of the banking system, temporarily cutting taxes, suspending public sector borrowing rules, and moving forward public spending on capital projects. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated a five-year austerity program, which aimed to lower London's budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced additional austerity measures through 2017 because of slower-than-expected economic growth and the impact of the euro-zone debt crisis. The CAMERON government raised the value added tax from 17.5% to 20% in 2011. It has pledged to reduce the corporation tax rate to 21% by 2014. The Bank of England (BoE) implemented an asset purchase program of up to £375 billion (approximately $605 billion) as of December 2012. During times of economic crisis, the BoE coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union (EMU). In 2012, weak consumer spending and subdued business investment weighed on the economy. GDP fell 0.1%, and the budget deficit remained stubbornly high at 7.7% of GDP. Public debt continued to increase. 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.
Market value of publicly traded shares $3.11 trillion
Ranked 4th.
$15.64 trillion
Ranked 1st. 5 times more than United Kingdom

Companies > Stock market > Stocks traded, total value > Current US$ $2.49 trillion
Ranked 5th.
$21.38 trillion
Ranked 1st. 9 times more than United Kingdom

Companies > Market capitalization of listed companies > Current US$ per capita $47,755.58
Ranked 11th.
$59,469.57
Ranked 6th. 25% more than United Kingdom

Reserves of foreign exchange and gold $105.1 billion
Ranked 24th.
$150.2 billion
Ranked 18th. 43% more than United Kingdom

Stock of domestic credit $3.76 trillion
Ranked 5th.
$16.17 trillion
Ranked 1st. 4 times more than United Kingdom

GDP > Composition, by end use > Household consumption 65.8%
Ranked 89th.
68.6%
Ranked 80th. 4% more than United Kingdom
Budget surplus > + or deficit > - -8.2% of GDP
Ranked 163th. 21% more than United States
-6.8% of GDP
Ranked 157th.

GDP > Composition, by end use > Imports of goods and services -33.8%
Ranked 52nd. Twice as much as United States
-16.9%
Ranked 4th.
Exports > Partners Germany 11.3%, US 10.5%, Netherlands 8.8%, France 7.4%, Ireland 6.2%, Belgium 5.1% Canada 18.9%, Mexico 14%, China 7.2%, Japan 4.5%
Companies > Market capitalization of listed companies > Current US$, % of GDP 123.99%
Ranked 6th. 4% more than United States
119.02%
Ranked 8th.

Industrial production growth rate -4%
Ranked 157th.
3.2%
Ranked 79th.

Industries machine tools, electric power equipment, automation equipment, railroad equipment, shipbuilding, aircraft, motor vehicles and parts, electronics and communications equipment, metals, chemicals, coal, petroleum, paper and paper products, food processing, textiles, clothing, other consumer goods 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
Imports > Partners Germany 12.6%, China 8%, Netherlands 7.5%, US 6.7%, France 5.4%, Belgium 4.4%, Norway 4% China 19%, Canada 14.1%, Mexico 12%, Japan 6.4%, Germany 4.7%
Household income or consumption by percentage share > Lowest 10% 2.1%
Ranked 96th. 5% more than United States
2%
Ranked 102nd.

Companies > Listed domestic companies, total 2,179
Ranked 8th.
4,102
Ranked 3rd. 88% more than United Kingdom

Labor force 32
Ranked 83th.
155
Ranked 39th. 5 times more than United Kingdom

Agriculture > Products cereals, oilseed, potatoes, vegetables; cattle, sheep, poultry; fish wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products
GDP > Composition by sector > Agriculture 0.7%
Ranked 204th.
1.2%
Ranked 191st. 71% more than United Kingdom

Companies > Stock market > Stocks traded, total value > Current US$, % of GDP 102.19%
Ranked 4th.
136.28%
Ranked 2nd. 33% more than United Kingdom

Stock of broad money None None
GDP > Official exchange rate $2.44 trillion
Ranked 6th.
$16.02 trillion
Ranked 1st. 7 times more than United Kingdom

Inflation rate > Consumer prices 2.8%
Ranked 126th. 33% more than United States
2.1%
Ranked 160th.

Companies > Stock market > Stocks traded, total value > % of GDP 100.68%
Ranked 5th.
131.58%
Ranked 3rd. 31% more than United Kingdom

GDP > Composition, by end use > Government consumption 21.8%
Ranked 28th. 12% more than United States
19.5%
Ranked 53th.
Exports $473 billion
Ranked 10th.
$1.56 trillion
Ranked 2nd. 3 times more than United Kingdom

Unemployment rate 8%
Ranked 51st.
8.1%
Ranked 47th. 1% more than United Kingdom

GDP > Composition by sector > Industry 21.1%
Ranked 146th. 10% more than United States
19.1%
Ranked 160th.

Companies > Market capitalization of listed companies > Current US$ $3.02 trillion
Ranked 5th.
$18.67 trillion
Ranked 1st. 6 times more than United Kingdom

Big Mac Index $3.32
Ranked 7th. 5% more than United States
$3.15
Ranked 8th.
Technology index 4.92
Ranked 17th.
6.24
Ranked 1st. 27% more than United Kingdom
GDP > PPP $1.83 trillion
Ranked 6th.
$11.63 trillion
Ranked 1st. 6 times more than United Kingdom
Consumer price index 112.76%
Ranked 111th.
113.41%
Ranked 105th. 1% more than United Kingdom

Technological achievement 0.61
Ranked 7th.
0.73
Ranked 2nd. 20% more than United Kingdom
Budget > Revenues per capita $14,881.68
Ranked 17th. 2 times more than United States
$6,763.09
Ranked 33th.

Consumer spending 65.31
Ranked 66th.
71.37
Ranked 53th. 9% more than United Kingdom

Economic freedom 3.15
Ranked 9th.
3.2
Ranked 6th. 2% more than United Kingdom
Economic aid > Donor $12.46 billion
Ranked 2nd.
$23.53 billion
Ranked 1st. 89% more than United Kingdom
Industrial > Production growth rate 1.9%
Ranked 123th.
3.3%
Ranked 92nd. 74% more than United Kingdom

Real interest rate 2.61%
Ranked 88th.
3.08%
Ranked 86th. 18% more than United Kingdom

Outbound tourist spending 84.22 billion
Ranked 4th.
117.97 billion
Ranked 2nd. 40% more than United Kingdom

Business efficiency 68.52
Ranked 20th.
100
Ranked 1st. 46% more than United Kingdom
GDP per person 35,164.86
Ranked 22nd.
45,989.18
Ranked 9th. 31% more than United Kingdom

Inflation 111.28
Ranked 134th. 1% more than United States
109.85
Ranked 143th.

Overall productivity > PPP $50,825.4
Ranked 21st.
$74,624.7
Ranked 2nd. 47% more than United Kingdom
GDP deflator 112.98
Ranked 142nd. 1% more than United States
112.4
Ranked 146th.

Research and development spending 1.8%
Ranked 15th.
2.5%
Ranked 7th. 39% more than United Kingdom
Economic importance 22.2
Ranked 4th.
197.9
Ranked 1st. 9 times more than United Kingdom
Patents granted 82 per million people
Ranked 18th.
289 per million people
Ranked 3rd. 4 times more than United Kingdom
Budget > Expenditures per capita $18,531.85
Ranked 13th. 69% more than United States
$10,981.93
Ranked 24th.

Innovation 27
Ranked 4th.
30.3
Ranked 1st. 12% more than United Kingdom
GDP > CIA Factbook $1.67 trillion
Ranked 6th.
$10.99 trillion
Ranked 1st. 7 times more than United Kingdom

Commitment to foreign aid 9%
Ranked 16th. 3 times more than United States
3%
Ranked 18th.
Macroeconomic environment index 5.11
Ranked 9th. 1% more than United States
5.04
Ranked 14th.
Terms of trade 101
Ranked 34th.
116
Ranked 15th. 15% more than United Kingdom
Growth competitiveness score 5.3
Ranked 11th.
5.82
Ranked 2nd. 10% more than United Kingdom
Public institution index 6.23
Ranked 7th. 9% more than United States
5.74
Ranked 21st.
Wholesale price index 106.66%
Ranked 67th.
118.59%
Ranked 39th. 11% more than United Kingdom

GDP in 1970 $123.6
Ranked 5th.
$1,025.5
Ranked 1st. 8 times more than United Kingdom
GDP > Current LCU 1209334000000 12416510000000
New business creation rate 17.66
Ranked 3rd. 35% more than United States
13.13
Ranked 8th.

Saving rate 12.19
Ranked 85th. 25% more than United States
9.77
Ranked 96th.

Transnational corporations > Affiliates 2,683
Ranked 28th.
19,103
Ranked 7th. 7 times more than United Kingdom
Risk premium on lending 0.09%
Ranked 68th.
3.04%
Ranked 58th. 34 times more than United Kingdom

New businesses registered > Number 449,700
Ranked 2nd.
676,830
Ranked 1st. 51% more than United Kingdom

Household spending per capita 18,342.65
Ranked 6th.
26,782.83
Ranked 1st. 46% more than United Kingdom

Government spending 333.79 billion
Ranked 7th.
1.74 trillion
Ranked 2nd. 5 times more than United Kingdom

Economic growth > Per capita -5.58
Ranked 137th. 61% more than United States
-3.47
Ranked 111th.

Gender income ratio 0.61%
Ranked 18th.
0.62%
Ranked 16th. 2% more than United Kingdom
World trade > Exports 601.63 billion
Ranked 7th.
1.58 trillion
Ranked 2nd. 3 times more than United Kingdom

Research and development personnel 2,678 per million people
Ranked 14th.
4,103 per million people
Ranked 4th. 53% more than United Kingdom
Inequality > GINI index 35.97
Ranked 16th.
40.81
Ranked 16th. 13% more than United Kingdom
Currency British pound US dollar
Credit information availability index 6
Ranked 12th. The same as United States
6
Ranked 6th.
Gross domestic savings 244.27 billion
Ranked 13th.
1.61 trillion
Ranked 3rd. 7 times more than United Kingdom

Transnational corporations > Parents 1,094
Ranked 13th.
3,387
Ranked 6th. 3 times more than United Kingdom
Business disclosure index 10
Ranked 5th. 43% more than United States
7
Ranked 37th.

Lending interest rate 4.65%
Ranked 133th.
6.19%
Ranked 118th. 33% more than United Kingdom

Investment > Gross fixed 13.9% of GDP
Ranked 136th. 8% more than United States
12.9% of GDP
Ranked 139th.

Exchange rates > Recent years British pounds per US dollar - 0.55 (2005), 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001) British pounds per US dollar - 0.5500 (2005), 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001); Canadian dollars per US dollar - 1.2118 (2005), 1.3010 (2004), 1.4011 (2003), 1.5693 (2002), 1.5488 (2001); Japanese yen per US dollar - 110.22 (2005), 108.19 (2004), 115.93 (2003), 125.39 (2002), 121.53 (2001); euros per US dollar - 0.8041 (2005), 0.8054 (2004), 0.8866 (2003), 1.0626 (2002), 1.1175 (2001); Chinese yuan per US dollar - 8.1943 (2005), 8.2768 (2004), 8.2770 (2003), 8.2770 (2002), 8.2271 (2001)
Household spending 1.13 trillion
Ranked 5th.
8.22 trillion
Ranked 1st. 7 times more than United Kingdom

Tourism receipts > International $39.57 billion
Ranked 4th.
$122.94 billion
Ranked 1st. 3 times more than United Kingdom

GDP after tax 1.96 trillion
Ranked 5th.
13.38 trillion
Ranked 2nd. 7 times more than United Kingdom

World Bank exchange rate 0.64
Ranked 167th.
1
Ranked 143th. 56% more than United Kingdom

Listed domestic companies 2,759
Ranked 7th.
5,143
Ranked 1st. 86% more than United Kingdom

Fishing subsidies $99.03 million million
Ranked 10th.
$867.9 million million
Ranked 2nd. 9 times more than United Kingdom
Stocks traded > Turnover ratio 141.88%
Ranked 8th. 10% more than United States
129.1%
Ranked 11th.

Government expenditure 510.02 billion
Ranked 7th.
2.43 trillion
Ranked 2nd. 5 times more than United Kingdom

Tourist departures 69.01 million
Ranked 3rd. 9% more than United States
63.55 million
Ranked 4th.

GDP > Constant LCU 1070350000000 11046430000000
Male to female earnings 24%
Ranked 10th. 4% more than United States
23%
Ranked 11th.
GNI 2.22 trillion
Ranked 7th.
14.01 trillion
Ranked 2nd. 6 times more than United Kingdom

Tourism expenditures > International $68.78 billion
Ranked 3rd.
$93.22 billion
Ranked 1st. 36% more than United Kingdom

Trade in goods 42.47
Ranked 115th. 2 times more than United States
18.99
Ranked 153th.
Currency code GBP USD
Patent applications > Nonresidents 8,582
Ranked 9th.
210,062
Ranked 1st. 24 times more than United Kingdom

Ease of doing business 4
Ranked 169th.
5
Ranked 168th. 25% more than United Kingdom
Patent applications > Residents 16,523
Ranked 7th.
231,588
Ranked 2nd. 14 times more than United Kingdom

Policy competitiveness 61.53%
Ranked 21st.
78.2%
Ranked 6th. 27% more than United Kingdom
Exchange rates to USD 0.4993 0.5418
Net taxes 214.11 billion
Ranked 5th.
993.8 billion
Ranked 1st. 5 times more than United Kingdom

Gross savings 265.08 billion
Ranked 10th.
1.38 trillion
Ranked 2nd. 5 times more than United Kingdom

Trademark applications > Total 35,705
Ranked 14th.
294,070
Ranked 3rd. 8 times more than United Kingdom

Industry > Value added 27.39 (2001) 24.88 (2000)
GNI > Current LCU 1235618000000 12448410000000
Services output 1.17 trillion
Ranked 4th.
8.44 trillion
Ranked 1st. 7 times more than United Kingdom

Services growth -3.05
Ranked 102nd.
0.63
Ranked 125th.

Trademark applications > By residents 25,477
Ranked 13th.
246,220
Ranked 3rd. 10 times more than United Kingdom

Total businesses registered > Number 2.55 million
Ranked 2nd.
5.16 million
Ranked 2nd. 2 times more than United Kingdom

Other expense > Current LCU 49790000000 53161000000
Development assistance to LDCs 31%
Ranked 6th. 55% more than United States
20%
Ranked 18th.
Gross savings > Current LCU 171371000000 1515700000000
Interest payments > Current LCU 26024000000 253099000000
Adjusted savings > Gross savings > % of GNI 13.87% of GNI
Ranked 103th. 7% more than United States
12.98% of GNI
Ranked 107th.

Trade > Imports > Goods and services > Current US$ 659.66 billion$
Ranked 3rd.
1.8 trillion$
Ranked 1st. 3 times more than United Kingdom

Gross domestic savings > Current US$ > Per $ GDP 129.35$ per $1,000 of GDP
Ranked 89th.
138.73$ per $1,000 of GDP
Ranked 102nd. 7% more than United Kingdom

Cash surplus/deficit > % of GDP -2.94%
Ranked 55th. 3% more than United States
-2.86%
Ranked 54th.

Expense > % of GDP 41.06%
Ranked 11th. 94% more than United States
21.2%
Ranked 49th.

Tourist arrivals by region of origin > Total 29.97 million
Ranked 6th.
49.21 million
Ranked 4th. 64% more than United Kingdom

Stocks traded > Total value > Current US$ > Per $ GDP 1,895.14$ per $1,000 of GDP
Ranked 4th. 9% more than United States
1,732.37$ per $1,000 of GDP
Ranked 6th.

Tax > Taxes on income > Profits and capital gains > % of revenue 37.37%
Ranked 8th.
55.26%
Ranked 2nd. 48% more than United Kingdom

Inflation > GDP deflator > Annual % 1.99%
Ranked 146th.
3.02%
Ranked 121st. 52% more than United Kingdom

Services > Etc. > Value added > Annual % growth 2.91%
Ranked 107th.
4.45%
Ranked 95th. 53% more than United Kingdom

Net income from abroad > Current US$ > Per $ GDP 21.73$ per $1,000 of GDP
Ranked 17th. 8 times more than United States
2.57$ per $1,000 of GDP
Ranked 32nd.

Portfolio investment > Excluding LCFAR > BoP > Current US$ -521,221,300,000 BoP $
Ranked 118th.
-1,088,672,000,000 BoP $
Ranked 120th. 2 times more than United Kingdom

Gross capital formation > Current US$ 369.69 billion$
Ranked 4th.
2.24 trillion$
Ranked 1st. 6 times more than United Kingdom

Changes in net > Reserves > BoP > Current US$ > Per $ GDP -0.788 BoP $ per $1,000 of GDP
Ranked 38th.
1.14 BoP $ per $1,000 of GDP
Ranked 32nd.

Gross savings > Current US$ > Per $ GDP 0.142$ per $1 of GDP
Ranked 91st.
129.78$ per $1 of GDP
Ranked 117th. 914 times more than United Kingdom

GNI > Atlas method > Current US$ > Per $ GDP 1.03$ per $1 of GDP
Ranked 24th.
1.04$ per $1 of GDP
Ranked 22nd. 1% more than United Kingdom

GNI > Atlas method > Current US$ 2.27 trillion$
Ranked 4th.
12.91 trillion$
Ranked 1st. 6 times more than United Kingdom

Trade > Exports > Goods and services > Current US$ 574.39 billion$
Ranked 3rd.
1.17 trillion$
Ranked 1st. 2 times more than United Kingdom

Gross capital formation > Current US$ > Per $ GDP 0.168$ per $1 of GDP
Ranked 129th.
0.192$ per $1 of GDP
Ranked 116th. 14% more than United Kingdom

Gross national expenditure > Current US$ 2.28 trillion$
Ranked 2nd.
12.3 trillion$
Ranked 1st. 5 times more than United Kingdom

Trade > Import quantum/quantity index 128.1%
Ranked 15th. 2% more than United States
125.07%
Ranked 19th.

Income payments > BoP > Current US$ > Per $ GDP 129.6 BoP $ per $1,000 of GDP
Ranked 15th. 3 times more than United States
37.32 BoP $ per $1,000 of GDP
Ranked 92nd.

Interest payments > % of expense 5.24%
Ranked 47th.
9.61%
Ranked 25th. 83% more than United Kingdom

Net errors and omissions > Adjusted > BoP > Current US$ 12.99 billion BoP $
Ranked 4th. 25% more than United States
10.41 billion BoP $
Ranked 5th.

Revenue > Excluding grants > % of GDP 37.97%
Ranked 17th. 2 times more than United States
18.44%
Ranked 59th.

Service > Exports > BoP > Current US$ > Per capita 3,371.75 BoP $ per capita
Ranked 22nd. 3 times more than United States
1,271.17 BoP $ per capita
Ranked 45th.

Subsidies and other transfers > % of expense 53.57%
Ranked 22nd.
61.36%
Ranked 15th. 15% more than United Kingdom

Trade > Export quantum/quantity index 111.22%
Ranked 25th. 2% more than United States
108.55%
Ranked 27th.

Trade > Exports > Goods and services > Annual % growth 5.62%
Ranked 77th.
8.41%
Ranked 81st. 50% more than United Kingdom

Trade > Exports > Goods and services > BoP > Current US$ > Per $ GDP 0.267 BoP $ per $1 of GDP
Ranked 105th. 3 times more than United States
0.103 BoP $ per $1 of GDP
Ranked 129th.

External balance on goods and services > Current US$ -85,267,280,000$
Ranked 148th.
-624,000,000,000$
Ranked 167th. 7 times more than United Kingdom

Final > Consumption expenditure > Etc. > % of GDP 87.06%
Ranked 54th. 1% more than United States
86.13%
Ranked 58th.

Final > Consumption expenditure > Etc. > Current US$ > Per $ GDP 0.871$ per $1 of GDP
Ranked 55th. 1% more than United States
0.861$ per $1 of GDP
Ranked 59th.

GDP > PPP > Current international $ 2 trillion PPP $
Ranked 6th.
12.42 trillion PPP $
Ranked 1st. 6 times more than United Kingdom

Household final > Consumption expenditure > Current US$ > Per $ GDP 0.653$ per $1 of GDP
Ranked 78th.
0.703$ per $1 of GDP
Ranked 59th. 8% more than United Kingdom

Income share held by lowest 20% 6.14%
Ranked 10th. 13% more than United States
5.44%
Ranked 27th.
Foreign direct investment > Net > BoP > Current US$ 55.27 billion BoP $
Ranked 3rd.
100.68 billion BoP $
Ranked 1st. 82% more than United Kingdom

Currency > Real effective exchange rate index 101.3%
Ranked 54th. 9% more than United States
92.75%
Ranked 64th.

External balance on goods and services > % of GDP -3.88%
Ranked 66th.
-5.34%
Ranked 86th. 38% more than United Kingdom

Foreign direct investment > Net > BoP > Current US$ > Per $ GDP 25.14 BoP $ per $1,000 of GDP
Ranked 57th. 3 times more than United States
8.11 BoP $ per $1,000 of GDP
Ranked 88th.

Trade > Export value index 116.58%
Ranked 24th. About the same as United States
116.02%
Ranked 25th.

Domestic credit provided by banking sector > % of GDP 168.03%
Ranked 11th.
224.26%
Ranked 3rd. 33% more than United Kingdom

Royalty and license fees > Payments > BoP > Current US$ 9.07 billion BoP $
Ranked 4th.
24.5 billion BoP $
Ranked 1st. 3 times more than United Kingdom

Commercial service imports > Current US$ 155.86 billion$
Ranked 3rd.
281.17 billion$
Ranked 1st. 80% more than United Kingdom

Trade > Imports of goods > Services and income > BoP > Current US$ > Per $ GDP 0.434 BoP $ per $1 of GDP
Ranked 86th. 2 times more than United States
0.198 BoP $ per $1 of GDP
Ranked 127th.

Service imports > BoP > Current US$ 160.47 billion BoP $
Ranked 3rd.
314.58 billion BoP $
Ranked 1st. 96% more than United Kingdom

Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.305 BoP $ per $1 of GDP
Ranked 104th. 91% more than United States
0.16 BoP $ per $1 of GDP
Ranked 127th.

Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP 6,050.1 BoP $ per $1 million of
Ranked 9th. 31% more than United States
4,623.68 BoP $ per $1 million of
Ranked 12th.

Gross savings > % of GNI 13.87% of GNI
Ranked 96th. 7% more than United States
13% of GNI
Ranked 117th.

Final > Consumption expenditure > Etc. > Current US$ 1.91 trillion$
Ranked 2nd.
10.06 trillion$
Ranked 1st. 5 times more than United Kingdom

Net current transfers from abroad > Current US$ > Per $ GDP -9.38$ per $1,000 of GDP
Ranked 126th. 34% more than United States
-6.978$ per $1,000 of GDP
Ranked 134th.

GDP > PPP > Constant 2000 international $ 1.78 trillion PPP 2000 $
Ranked 6th.
11.05 trillion PPP 2000 $
Ranked 1st. 6 times more than United Kingdom

Household final > Consumption expenditure > Etc. > Constant 2000 US$ 1.09 trillion constant 2000 US$
Ranked 1st.
7.6 trillion constant 2000 US$
Ranked 1st. 7 times more than United Kingdom

Net capital account > BoP > Current US$ 6.05 billion BoP $
Ranked 2nd.
-4,351,000,000 BoP $
Ranked 114th.

Final > Consumption expenditure > Constant 2000 US$ 1.41 trillion constant 2000 US$
Ranked 2nd.
9.19 trillion constant 2000 US$
Ranked 1st. 7 times more than United Kingdom

Current account balance > % of GDP -2.25%
Ranked 65th.
-6.37%
Ranked 87th. 3 times more than United Kingdom

Micro > Small and medium enterprises > Number 4.42 million
Ranked 3rd.
5.87 million
Ranked 1st. 33% more than United Kingdom
Household final > Consumption expenditure > Etc. > Current US$ 1.44 trillion$
Ranked 2nd.
8.21 trillion$
Ranked 1st. 6 times more than United Kingdom

Gross value added at factor cost > Current US$ > Per $ GDP 0.887$ per $1 of GDP
Ranked 97th.
0.931$ per $1 of GDP
Ranked 43th. 5% more than United Kingdom

Gross private capital flows > % of GDP 122.8%
Ranked 6th. 9 times more than United States
14.35%
Ranked 68th.

Micro > Small and medium enterprises > Per 1,000 people 73.79 per 1,000 people
Ranked 4th. 4 times more than United States
19.99 per 1,000 people
Ranked 19th.
Central government debt > Total > % of GDP 48.76%
Ranked 32nd. 3% more than United States
47.17%
Ranked 19th.

Goods > Exports > BoP > Current US$ 384.47 billion BoP $
Ranked 6th.
898.46 billion BoP $
Ranked 2nd. 2 times more than United Kingdom

Household final > Consumption expenditure > Annual % growth 1.73%
Ranked 95th.
3.86%
Ranked 80th. 2 times more than United Kingdom

Gross capital formation > Annual % growth 1.03%
Ranked 89th.
10.07%
Ranked 59th. 10 times more than United Kingdom

GNI > Current US$ > Per $ GDP 1.02$ per $1 of GDP
Ranked 17th. 2% more than United States
1$ per $1 of GDP
Ranked 31st.

Gross fixed capital formation > Annual % growth 3.23%
Ranked 79th.
8.29%
Ranked 56th. 3 times more than United Kingdom

Foreign direct investment > Net inflows > BoP > Current US$ > Per $ GDP 72.22 BoP $ per $1 million of
Ranked 29th. 8 times more than United States
8.84 BoP $ per $1 million of
Ranked 123th.

Foreign direct investment > Net inflows > % of GDP 7.22%
Ranked 29th. 8 times more than United States
0.88%
Ranked 123th.

Current account balance > BoP > Current US$ > Per $ GDP -22.494 BoP $ per $1,000 of GDP
Ranked 65th.
-63.746 BoP $ per $1,000 of GDP
Ranked 87th. 3 times more than United Kingdom

Commercial service > Exports > Current US$ 199.45 billion$
Ranked 2nd.
354.02 billion$
Ranked 1st. 77% more than United Kingdom

Current account balance > BoP > Current US$ -49,458,680,000 BoP $
Ranked 135th.
-791,508,800,000 BoP $
Ranked 137th. 16 times more than United Kingdom

Tourist arrivals by region of origin > Southern Asia 407,000
Ranked 9th.
411,277
Ranked 8th. 1% more than United Kingdom

Trade > Imports of goods > Services and income > BoP > Current US$ 954.8 billion BoP $
Ranked 3rd.
2.46 trillion BoP $
Ranked 1st. 3 times more than United Kingdom

GDP per capita > PPP > Current international $ 33,238.21 PPP $
Ranked 12th.
41,889.57 PPP $
Ranked 2nd. 26% more than United Kingdom

Bank nonperfoming loans to total gross loans 1%
Ranked 74th. 43% more than United States
0.7%
Ranked 29th.

Trade > % of GDP 56.12%
Ranked 122nd. 2 times more than United States
25.44%
Ranked 166th.

Tax > Components of taxation > Social security > Contribution by employer 9.6%
Ranked 19th.
13%
Ranked 15th. 35% more than United Kingdom
Tourist arrivals by region of origin > Americas 4.6 million
Ranked 5th.
31.18 million
Ranked 1st. 7 times more than United Kingdom

Gross capital formation > Current US$ > Per capita 6,138.28$ per capita
Ranked 16th.
7,642.63$ per capita
Ranked 11th. 25% more than United Kingdom

GDP per capita growth > Annual % 1.16%
Ranked 126th.
2.24%
Ranked 104th. 93% more than United Kingdom

Gross fixed capital formation > Current US$ > Per $ GDP 0.166$ per $1 of GDP
Ranked 125th.
0.187$ per $1 of GDP
Ranked 112th. 13% more than United Kingdom

Service > Exports > BoP > Current US$ 203.07 billion BoP $
Ranked 2nd.
376.79 billion BoP $
Ranked 1st. 86% more than United Kingdom

Net trade in goods > BoP > Current US$ -124,880,800,000 BoP $
Ranked 136th.
-778,943,100,000 BoP $
Ranked 137th. 6 times more than United Kingdom

GDP > Constant 2000 US$ 1.62 trillion constant 2000 US$
Ranked 5th.
11.05 trillion constant 2000 US$
Ranked 1st. 7 times more than United Kingdom

Merchandise > Exports > Current US$ 382.76 billion$
Ranked 7th.
904.38 billion$
Ranked 2nd. 2 times more than United Kingdom

International tourism > Expenditures > Current US$ 73.79 billion$
Ranked 3rd.
99.62 billion$
Ranked 1st. 35% more than United Kingdom

Net income > BoP > Current US$ 54.81 billion BoP $
Ranked 2nd. 5 times more than United States
11.29 billion BoP $
Ranked 5th.

GDP > Purchasing power parity > Per capita $35,046.59 per capita
Ranked 21st.
$45,759.46 per capita
Ranked 8th. 31% more than United Kingdom

Trade > Import value index 127.5%
Ranked 19th.
137.56%
Ranked 16th. 8% more than United Kingdom

GDP > Per capita $35,046.59 per capita
Ranked 21st.
$45,759.46 per capita
Ranked 8th. 31% more than United Kingdom

GDP > Official exchange rate > Per capita $45,626.38 per capita
Ranked 13th.
$45,958.7 per capita
Ranked 12th. 1% more than United Kingdom

Household final > Consumption expenditure > Constant 2000 US$ 1.09 trillion constant 2000 US$
Ranked 2nd.
7.59 trillion constant 2000 US$
Ranked 1st. 7 times more than United Kingdom

Market capitalization of listed companies > Current US$ > Per $ GDP 1,390.85$ per $1,000 of GDP
Ranked 13th. 2% more than United States
1,368.98$ per $1,000 of GDP
Ranked 15th.

Trade > Exports of goods > Services and income > BoP > Current US$ > Per $ GDP 0.422 BoP $ per $1 of GDP
Ranked 73th. 3 times more than United States
0.141 BoP $ per $1 of GDP
Ranked 126th.

GDP > CIA Factbook > Per capita $27,961.52 per capita
Ranked 16th.
$37,791 per capita
Ranked 2nd. 35% more than United Kingdom

GDP > Constant 2000 US$ > Per capita 26,890.72 constant 2000 US$ per c
Ranked 11th.
37,267.35 constant 2000 US$ per c
Ranked 4th. 39% more than United Kingdom

GDP > PPP > Constant 2000 international $ > Per capita 29,570.6 PPP 2000 $ per capita
Ranked 12th.
37,267.35 PPP 2000 $ per capita
Ranked 2nd. 26% more than United Kingdom

GDP > PPP > Current international $ > Per capita 33,238.21 PPP $ per capita
Ranked 12th.
41,889.59 PPP $ per capita
Ranked 2nd. 26% more than United Kingdom

GNI > Current US$ > Per capita 37,302.15$ per capita
Ranked 9th.
41,997.21$ per capita
Ranked 5th. 13% more than United Kingdom

GNI > Atlas method > Current US$ > Per capita 37,736.15$ per capita
Ranked 10th.
43,564.23$ per capita
Ranked 5th. 15% more than United Kingdom

GNI > PPP > Current international $ > Per capita 33,960 PPP $ per capita
Ranked 7th.
42,000.01 PPP $ per capita
Ranked 1st. 24% more than United Kingdom

Goods > Exports > BoP > Current US$ > Per capita 6,383.78 BoP $ per capita
Ranked 24th. 2 times more than United States
3,031.12 BoP $ per capita
Ranked 42nd.

Grants and other revenue > % of revenue 4.34%
Ranked 63th. 2 times more than United States
1.86%