NationMaster - American Economy statistics

Agriculture > products wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; forest products; fish
Business efficiency	1	[1st of 51]
Economic freedom	7	[7th of 156]
Economic importance	1	[1st of 25]
Exchange rates British pounds per US dollar - 0.5457 (2004), 0.6139 (2003), 0.6661 (2002), 0.6944 (2001), 0.6596 (2000); Canadian dollars per US dollar - 1.3014 (2004), 1.4045 (2003), 1.5693 (2002), 1.5488 (2001), 1.4851 (2000); Japanese yen per US dollar - 108.13 (2004), 116.08 (2003), 125.39 (2002), 121.53 (2001), 107.77 (2000); euros per US dollar - 0.8048 (2004), 0.8866 (2003), 1.0626 (2002), 1.1175 (2001), 1.08540 (2000)
GDP > PPP	$1.00	[1st of 163]
GDP per capita in 1820	$5.00	[5th of 23]
GDP per capita in 1900	$3.00	[3rd of 39]
GDP per capita in 1950	$1.00	[1st of 52]
GDP per capita in 1973	$2.00	[2nd of 52]
Income category High income: OECD
Income distribution > Poorest 10%	85%	[85th of 114]
Income distribution > Richest 10%	54%	[54th of 114]
Overall productivity > PPP	$2.00	[2nd of 49]
Population below median income	3	[3rd of 28]
Technological achievement	2	[2nd of 68]
World Trade > Imports > Mech transmission equipment	1	[1st of 137]
World Trade > Imports > Mechanical handling equipment	1	[1st of 146]
World Trade > Imports > Special industrial machines nes	2	[2nd of 144]
World Trade > Imports > Special transactions nes	2	[2nd of 118]

... View all Economy stats

SOURCES: ; Based upon a business efficiency index where '100' represents the highest level of business efficiency.; 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.; Globalpolicy.org; 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.; Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.; World Bank income categories are used; Share of income or consumption (%). The distribution of income is typically more unequal than the distribution of consumption.; Estimates: GDP (PPP) per person employed, US$; Population living below 50% of median income (%); Technology Achievement Index
Units: Score; Imports of Mech transmission equipment, by country, in thousands USD; Imports of Mechanical handling equipment, by country, in thousands USD; Imports of Special industrial machines n.e.s., by country, in thousands USD; Imports of Special transactions n.e.s., by country, in thousands USD

ALTERNATIVE NAMES: United States, United States of America, usa, America, The United States, u.s.

Interesting facts on American Economy

Americans are 15% more innovative than the Japanese. But in percentage terms, the Japanese grant 3.5 times more patents.
United we stand? The United Kingdom and United States are both in the top ten for Gross Domestic Product - and for child poverty.

More facts and figures on United States

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Disasters (21)
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Economy (1074)
Education (190)
Environment (87)
Energy (198)
Food (25)
Geography (55)
Government (86)
Health (161)
Internet (37)
Immigration (29)

COMMENTARY

Ronnell Davis 9th January 2005	The United States is the richest country but we still have the second highest percentage of children in poverty. Please explain the reasons for this pathetic stat please.
tom 9th June 2005	The only thing that's ever going to ruin our country is the lack affordable health insurance. It causes bankruptcy and financial hardship for citizens, also hurts businesses. These are minor problems in the whole, but nonetheless are a danger to any nation that claims to have the best treated people in medicine around the world.
Tomemac 17th June 2005	I would think it also has something to do with lower income families having many more children on average than higher income families (which seems a tad irresponsible on their parts). Another issue could be the large problem of illegal immigration coming over from Mexico (the #1 child poverty rated country accourding to this statistic), they are used to lower incomes at home (Mexico), and therefore accept lower incomes in the US, and on average also have many more children than higher income families.
Patrick 19th July 2005	You need to look at what "poverty" means for each country. For many in the US, "poverty" means cannot aford all of the HBO channels and cannot afford a $150 pair of new Nikes. "Poverty" omits support systems such as foodstamps, subsidized housing, etc. "Poverty" in the US is not the same thing as "poverty" in, let's say, Brazil.
benjbenj 19th July 2005	Poor Tony. The 'human development index' shows that life in many countries that are part of that 'stodgy Old Europe' is not that bad at all: 1. Norway 0.942 [= stodgy Old Europe] 2. Sweden 0.941 [= stodgy Old Europe] 3. Canada 0.940 4. Belgium 0.939 [= stodgy Old Europe] 5. Australia 0.939 6. United States 0.939 [= soars like an eagle, but failed to reach the top] 7. Iceland 0.936 [= stodgy Old Europe] 8. Netherlands 0.935 [= stodgy Old Europe] 9. Japan 0.933 10. Finland 0.930 [= stodgy Old Europe] Strange, that 'youthful country in the family of nations' ranks seventh.
Bil 20th July 2005	Where can I find data of foreing investment in the USA? How much capital is getting in the US economy from abroad? Once I heard that 1.5 bil dollar is invested into the US economy from abroad. Is that true?
Bil 20th July 2005	Where can I find data of foreing investment in the USA? How much capital is getting in the US economy from abroad? Once I heard that 1.5 bil dollar is invested into the US economy daily from abroad. Is that true?
Keith 1st August 2005	Above and beyond all else concerning the question of child poverty in America is the question of how you define child poverty. Note that this is measured by how many children live in households earning below 50% of the average household income. Using this standard, the only people who have enough money to raise children are grandparents, as older generations tend to be more wealthy than younger. Another thing is that as long as you have an economy that is stratified, you will have "child poverty." You could live in a country where your family makes one million dollars a day, but if the average household income is two million dollars a day, you live in poverty. This method of measurement says nothing about childhood poverty, but is just another stratedgy the left uses to condemn societies that choose to be economically stratified.
Logan (Ohio, United States) 23rd October 2006	We are kind, rational, divoted, helpful and apparently very arrogant and presumptuous folk. Calling people from other countries jealous isn't exactly helping our image, erol.
Kevin (US) 6th November 2007	Do you even know how it is measured, its an absolute threshold. Why don't you make a budget for a family of 4 now compare to the poverty threshold, could you live on 20,650 a year.

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