Economy Stats: compare key data on Australia & Vanuatu

Definitions

Budget > Revenues: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
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.
Overview: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
Exports: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Exports per capita: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
GDP: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
GDP > Composition, by sector 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 > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
GDP > Purchasing power parity per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Figures expressed per capita for the same year.
GDP per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
Gross National Income: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop).
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.
Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
Tourist arrivals > Per capita: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival." Per capita figures expressed per 1,000 population.
GDP > 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.
Currency > PPP conversion factor to official exchange rate ratio: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar). The ratio of the PPP conversion factor to the official exchange rate (also referred to as the national price level) makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.
Fiscal year: The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
GDP > 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.
Currency > Official exchange rate > LCU per US$, period average: Official exchange rate (LCU per US$, period average). Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
Development > Human Development Index: Human Development Index trends, 1980-2012.
GDP > Per capita > PPP per thousand people: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Figures expressed per thousand people for the same year.
Exports > Commodities: This entry provides a listing of the highest-valued exported products; it sometimes includes the percent of total dollar value.
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.
Budget > Expenditures: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
Reserves of foreign exchange and gold per capita: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund. Figures expressed per capita for the same year.
Debt > Net foreign assets > Current LCU: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency.
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."
Budget > Revenues > Per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
Inbound tourism income > Current US$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars."
Tax > Tax rates: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
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.
Exports > Main exports: Country main exports.
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.
Gross National Income > Per $ GDP: 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 Per $ GDP figures expressed per $100 of Gross Domestic Product.
Debt > External: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services.
Gross domestic savings > Current US$ per capita: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
Debt > External > Per capita: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per capita figures expressed per 1 population.
GDP > Composition by sector > 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.
Tax > GDP > Constant LCU: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
Tourism > International tourism, number of arrivals per capita: International tourism, number of arrivals. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival. Figures expressed per capita for the same year.
International tourism > Receipts > Current US$ > Per $ GDP: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
Consumer spending: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources."
Consumer price index: Consumer price index reflects changes in the cost to the average consumer of acquiring a fixed basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
2000 = 100
GDP > Composition by sector > Agriculture: The gross domestic product (GDP) or value of all final goods produced by the agricultural sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
GDP 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.
Industries: A rank ordering of industries starting with the largest by value of annual output.
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
GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors. Data are in current U.S. dollars."
Labor force: This entry contains the total labor force figure.
GDP > Real growth rate: GDP growth on an annual basis adjusted for inflation and expressed as a percent.
Debt > Government debt > Gross government debt, share of GDP: Gross government debt as % of GDP (IMF).
No date was available from the Wikipedia article, so we used the date of retrieval.
Debt > Central government debt, total > Current LCU: Central government debt, total (current LCU). Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
International tourism > Number of arrivals: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited.
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.
Foreign direct investment > Net > BoP > Current US$ per capita: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Figures expressed per capita for the same year.
GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
Economic freedom: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
GDP > Official exchange rate per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed. Figures expressed per capita for the same year.
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.
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.
Trade > Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
Currency: The national medium of exchange and its basic sub-unit.
Current account balance > BoP > Current US$ per capita: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
GNI per capita: Country GNI per capita.
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 > Exports per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Figures expressed per capita for the same year.
Current account balance per capita: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency.
Tourism > International tourism, number of arrivals: International tourism, number of arrivals. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival.
Tax > GDP > Constant LCU per capita: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency. Figures expressed per capita for the same year.
Retail > Gross value added by wholesale, retail trade, restaurants and hotels: Gross Value Added by Kind of Economic Activity at current prices - US dollars.
Household final > Consumption expenditure > Current US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Figures expressed per capita for the same year.
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.
Reserves > Total reserves > Includes gold, current US$: Total reserves (includes gold, current US$). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.
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.
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.
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.
Exports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
GDP > 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.
GDP per capita > PPP > Constant 2000 international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars.
Investment > Gross fixed: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.
Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.
Income receipts > BoP > Current US$ per capita: Income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Bank liquid > Reserves to bank assets ratio: Ratio of bank liquid reserves to bank assets is the ratio of domestic currency holdings and deposits with the monetary authorities to claims on other governments, nonfinancial public enterprises, the private sector, and other banking institutions.
GDP > Composition, by sector of origin > Industry: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
Debt > Net domestic credit > Current LCU: Net domestic credit (current LCU). Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy (IFS line 32). Data are in current local currency.
Government spending: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2000 U.S. dollars."
Net current transfers from abroad > Constant LCU: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.
Foreign direct investment > Net inflows > BoP > Current US$ per capita: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows in the reporting economy. Data are in current U.S. dollars. Figures expressed per capita for the same year.
GDP > 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.
High-technology > Exports > Current US$ > Per capita: High-technology exports are products with high research and development intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars." Per capita figures expressed per 1,000 population.
GDP > 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.
Savings > Gross domestic savings > Current US$ per capita: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
Tax > Tax payments > Number: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.
Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
Gross domestic savings: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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."
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."
Income > GNI, PPP > Current international $ per capita: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. Figures expressed per capita for the same year.
Income > GNI per capita, PPP > Current international $: GNI per capita, PPP (current international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
GDP > By type of expenditure > Household consumption expenditure per capita: GDP by Type of Expenditure at current prices - US dollars. Figures expressed per capita for the same year.
Reserves of foreign exchange and gold: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.
Size of economy > GDP > GDP growth: GDP growth (annual %).
GDP > Constant 2000 US$: 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.
International tourism > Expenditures > Current US$ per capita: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Purchasing power parity conversion factor > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States.
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.
Current transfers > Receipts > BoP > Current US$: Current transfers (receipts) are recorded in the balance of payments whenever an economy receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
Debt > Net current transfers from abroad > Current LCU: Net current transfers from abroad (current LCU). Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.
Saving rate: ""Saving rate"" or gross savings are calculated as gross national income less total consumption, plus net transfers."
GDP > PPP > Constant 2000 international $ per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars. Figures expressed per capita for the same year.
International tourism > Number of departures: International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited.
Consumption > Consumption by sector > Equals: Household final consumption expenditure: Total amount of money spent by nation's consumers, or households. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. Also included are taxes and money spent by citizens while abroad.
Debt > Central government debt, total > Current LCU per capita: Central government debt, total (current LCU). Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Figures expressed per capita for the same year.
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.
Debt > Net foreign assets > Current LCU per capita: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency. Figures expressed per capita for the same year.
Tax > GDP > Current LCU: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
GDP > PPP per capita: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004. Figures expressed per capita for the same year.
GNI: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
GDP > PPP: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.
Tax > GDP > Current US$ per capita: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
Trade > Exports to US: in US dollars. Jan 2003 - March 2003
Industrial production growth rate: This entry gives the annual percentage increase in industrial production (includes manufacturing, mining, and construction).
Purchasing power parity > GDP per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
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."
Labor force > By occupation > Agriculture: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
Additional details:
- Gibraltar: negligible (2013)
Labor force > By occupation > Services: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
Industrial > Production growth rate: The annual percentage increase in industrial production (includes manufacturing, mining, and construction).
Tax > GDP per capita > Constant LCU: GDP per capita (constant LCU). GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
Spending > Household final consumption expenditure per capita > Constant 2000 US$: Household final consumption expenditure per capita (constant 2000 US$). Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2005 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars.
Income > GDP per capita, PPP > Current international $: GDP per capita, PPP (current international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
Debt > Interest rates > Central bank discount rate: Compares the annualized interest rate set by centrals banks over loans requested by commercial banks to meet temporary shortages of funds. Through these loans, central banks can influence the commercial banks' interest rates as a tool of monetary policy. Usually their interest rates are lower than the ones offered by commercial banks, which lend it at a higher rate to make their profit.
Net domestic credit > Current LCU: Net domestic credit is the sum of net credit to the nonfinancial public sector, credit to the private sector, and other accounts. Data are in current local currency.
International tourism > Receipts > Current US$ per capita: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita: Gross Value Added by Kind of Economic Activity at current prices - US dollars. Figures expressed per capita for the same year.
GDP > By type of expenditure > Household consumption expenditure: GDP by Type of Expenditure at current prices - US dollars.
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."
Current account balance > BoP > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars.
Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Currency > Official exchange rate > LCU per US$ > Period average: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
GDP > CIA Factbook per capita: . Figures expressed per capita for the same year.
Oil > Exports: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
Additional details:
- Bahamas, The: transshipments of 41,570 bbl/day (2007)
- Bahamas, The: transshipments of 41,610 bbl/day (2009)
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 .
Purchasing power parity > GNI per capita > PPP > Current international $: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
Income > Health expenditure per capita, PPP > Constant 2005 international $: Health expenditure per capita, PPP (constant 2005 international $). Total health expenditure is the sum of public and private health expenditures as a ratio of total population. It covers the provision of health services (preventive and curative), family planning activities, nutrition activities, and emergency aid designated for health but does not include provision of water and sanitation. Data are in international dollars converted using 2005 purchasing power parity (PPP) rates.
Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita: Total amount of money spent by nation's consumers, or households. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. Also included are taxes and money spent by citizens while abroad. . Figures expressed per capita for the same year.
Tax > GDP > Current LCU per capita: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency. Figures expressed per capita for the same year.
Spending > Household final consumption expenditure > Current US$ per capita: Household final consumption expenditure (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. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Debt > Strength of legal rights index > 0=weak to 10=strong per million: Strength of legal rights index (0=weak to 10=strong). Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 10, with higher scores indicating that these laws are better designed to expand access to credit. Figures expressed per million population for the same year.
Oil > Production: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Economy growth: Measures growth in the economy or ""economy growth"". Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources."
Trade > Exports > Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
Purchasing power parity > Gross domestic product per capita > PPP: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
Debt > Interest payments > Current LCU: Interest payments (current LCU). Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.
Electricity > Consumption per capita: This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. Figures expressed per capita for the same year.
GDP > CIA Factbook > Per capita: Per capita figures expressed per 1 population.
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."
Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita: Household final consumption expenditure, PPP (constant 2005 international $). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates. Figures expressed per capita for the same year.
GDP > Composition, by end use > Government consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
imports of goods and ...
Full definition
GDP > Per $ GDP: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per $ GDP figures expressed per 1 $ gross domestic product.
Spending > Household final consumption expenditure, etc. > Current US$: Household final consumption expenditure, etc. (current US$). 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.
Entrepreneurship > Starting a Business > Index ranking: Doing Business records all generic procedures that are officially required for an entrepreneur to start up and operate an industrial or commercial business. These include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions with relevant authorities. After a study of laws, regulations and publicly available information on business entry, a detailed list of procedures, time, cost and paid-in minimum capital requirements is developed. Subsequently, local incorporation lawyers and government officials complete and verify the data on applicable procedures, the time and cost of complying with each procedure under normal circumstances and the paid-in minimum capital. On average 4 law firms participate in each country. Information is also collected on the sequence in which procedures are to be completed and whether procedures may be carried out simultaneously. It is assumed that any required information is readily available and that all government and nongovernment agencies involved in the start-up process function efficiently and without corruption. If answers by local experts differ, inquiries continue until the data are reconciled. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
Gross domestic savings > Current US$: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
GDP > Constant 2000 US$ per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
GNI > Current US$ per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Trade > Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
Purchasing power parity > GDP > PPP > Current international $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
Entrepreneurship > Hiring and Firing > Index ranking: Every economy has established a complex system of laws and institutions intended to protect the interests of workers and to guarantee a minimum standard of living for its population. The OECD Job Study and the International Encyclopedia for Labour Law and Industrial Relations identify 4 areas subject to statutory regulation in all countries: employment, social security, industrial relations and occupational health and safety. Doing Business focuses on the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This year data on social security payments by the employer and pension benefits, including the mandatory retirement age, have been added. The data on hiring and firing workers are based on a detailed survey of employment and social security regulations. The survey is completed by local law firms. The employment laws of most countries are available online in the NATLEX database, published by the International Labour Organization. In all cases both actual laws and secondary sources are used to ensure accuracy. Conflicting answers are further checked against 2 additional sources, including a local legal treatise on employment regulation. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
Income > GDP, PPP > Current international $ per capita: GDP, PPP (current international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. Figures expressed per capita for the same year.
Total > Reserves in months of imports: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. This item shows reserves expressed in terms of the number of months of imports of goods and services which could be paid for.
Imports > Commodities: This entry provides a listing of the highest-valued imported products; it sometimes includes the percent of total dollar value.
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults: Automated teller machines (ATMs) (per 100,000 adults). Automated teller machines are computerized telecommunications devices that provide clients of a financial institution with access to financial transactions in a public place.
Inflation > Consumer price index > 2005 = 100: Consumer price index (2005 = 100). Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
Gross domestic savings > Current US$ > 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.
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.
Welfare > Revenue, excluding grants > Current LCU: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
Labor force per thousand people: This entry contains the total labor force figure. Figures expressed per thousand people for the same year.
Trade > Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
GNI > Atlas method > Current US$ per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States. Figures expressed per capita for the same year.
Income > GDP, PPP > Current international $: GDP, PPP (current international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
Income > Household final consumption expenditure, PPP > Constant 2005 international $: Household final consumption expenditure, PPP (constant 2005 international $). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates.
Income > GNI, PPP > Current international $: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
Currency > Monetary unit: Country currency.
Budget > Expenditures > Per $ GDP: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
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.
Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U: 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."
Balance of payments > Financial > Reserves: Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. These include changes in holdings of monetary gold, SDRs, foreign exchange assets, reserve position in the International Monetary Fund, and other claims on nonresidents that are available to the central authority. The measure is net of liabilities constituting foreign authorities' reserves, and counterpart items for valuation changes and exceptional financing items. Data are in current U.S. dollars."
Balance of payments > Current account > Balances > Current account balance > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars."
Oil > Proved reserves: This entry is the stock of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
Companies > Ease of doing business index > 1=most business-friendly regulations: Ease of doing business index (1=most business-friendly regulations). Ease of doing business ranks economies from 1 to 189, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.
Natural gas > Production: This entry is the total natural gas produced in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
GDP deflator: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
Oil > Consumption: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Tourism > International tourism, receipts > Current US$: International tourism, receipts (current US$). International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.
Electricity > Consumption: This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
Spending > Final consumption expenditure > Constant 2000 US$ per capita: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
Currency > GDP > Constant 2000 US$ per capita: GDP (constant 2000 US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
Tax > GDP > Current US$: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Net capital account > BoP > Current US$: 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.
Net trade in goods and services > BoP > Current US$: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
Portfolio investment > Excluding LCFAR > BoP > Current US$: Portfolio investment excluding liabilities constituting foreign authorities' reserves covers transactions in equity securities and debt securities. Data are in current U.S. dollars.
Budget > Expenditures > Per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
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
Purchasing power parity > GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
Debt > External > Per $ GDP: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per $ GDP figures expressed per 1,000 $ gross domestic product.
GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
High-technology > Exports > Current US$: High-technology exports are products with high research and development intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars."
Oil > Exports per thousand people: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
Additional details:
- Bahamas, The: transshipments of 41,570 bbl/day (2007)
- Bahamas, The: transshipments of 41,610 bbl/day (2009)
. Figures expressed per thousand people for the same year.
Gross National Income > Constant LCU: Gross national income is derived as the sum of GNP and the terms of trade adjustment. Data are in constant local currency.
Final > Consumption expenditure > Etc. > Current US$: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
GDP > Constant 2000 US$ > 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.
Deposit interest rate: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.
National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
Income > GDP per capita, PPP > Constant 2005 international $: GDP per capita, PPP (constant 2005 international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
Scientific and technical journals > Articles published: Scientific and technical journal articles refer to the number of scientific and engineering articles published in the following fields: physics, biology, chemistry, mathematics, clinical medicine, biomedical research, engineering and technology, and earth and space sciences."
Foreign direct investment > Net > BoP > Current US$ > Per capita: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
Net income > BoP > Current US$: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars.
Goods imports > BoP > Current US$: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars.
Oil > Consumption per thousand people: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
Budget > Revenues > Per $ GDP: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
Natural gas > Production per capita: This entry is the total natural gas produced in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors. Figures expressed per capita for the same year.
International tourism > Expenditures for travel items > Current US$: International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars."
Government spending > Subsidies and other transfers > Current LCU per capita: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind. Figures expressed per capita for the same year.
Tax > Taxes on international trade > Current LCU: Taxes on international trade (current LCU). Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.
Government spending > Subsidies and other transfers > Current LCU: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.
Currency > DEC alternative conversion factor > LCU per US$: 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.
Labor force > By occupation > Industry: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
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.
Foreign direct investment > Net > BoP > Current US$: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars.
Royalty and license fees > Payments > BoP > Current US$: 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.
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.
Stock of direct foreign investment > At home per capita: This entry gives the cumulative US dollar value of all investments in the home country made directly by residents - primarily companies - of other countries as of the end of the time period indicated. Direct investment excludes investment through purchase of shares. Figures expressed per capita for the same year.
Spending > Household final consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (constant 2000 US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
Reserves > Total reserves minus gold > Current US$: Total reserves minus gold (current US$). Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars.
Spending > Final consumption expenditure > Constant 2000 US$: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars.
Savings > Gross domestic savings > Current US$: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
World Bank exchange rate: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar."
Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
Balance of payments > Current account > Balances > Net trade in goods > US$: 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."
Trade > Exports > Goods: 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."
Electricity > Production: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
Electricity > Imports per capita: This entry is the total imported electricity in kilowatt-hours. Figures expressed per capita for the same year.
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. Figures expressed per capita for the same year.
Gross national expenditure > Current US$ > Per $ GDP: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
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.
Income > GNI, PPP > Constant 2005 international $: GNI, PPP (constant 2005 international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
Income > GNI per capita, PPP > Constant 2005 international $: GNI per capita, PPP (constant 2005 international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
Income > GDP, PPP > Constant 2005 international $ per capita: GDP, PPP (constant 2005 international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars. Figures expressed per capita for the same year.
International tourism > Receipts > Current US$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
Oil > Production per thousand people: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
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. Figures expressed per capita for the same year.
Trade > Exports > Export growth in USD: Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics."
Innovation > Scientific and technical journal articles: Scientific and technical journal articles. Scientific and technical journal articles refer to the number of scientific and engineering articles published in the following fields: physics, biology, chemistry, mathematics, clinical medicine, biomedical research, engineering and technology, and earth and space sciences.
GDP > PPP > Current international $ per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. Figures expressed per capita for the same year.
Welfare > Revenue, excluding grants > Current LCU per capita: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here. Figures expressed per capita for the same year.
Transnational corporations > Affiliates: Number of foreign affiliates to transnational corporations
Tax > Customs and other import duties > Current LCU: Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
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.
Oil > Imports per thousand people: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products. Figures expressed per thousand people for the same year.
Oil > Imports: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
Electricity > Production per capita: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. Figures expressed per capita for the same year.
GDP growth > Duration 1975-2000: GDP per capita annual growth rate (%) from 1975 to 2000
Trade > Imports > By good > Passenger cars etc: Imports of Passenger cars etc, by country, in thousands USD
Trade balance with US: In US dollars. Jan 2003 - March 2003
Household final > Consumption expenditure > Current US$: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
Merchandise > Exports > Current US$: 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.
Gross fixed capital formation > Current US$: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
Household final > Consumption expenditure > Current US$ > 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.
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.
Tax > Time to prepare and pay taxes > Hours: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions."
Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency."
Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo: Exports of goods and services are the total value of goods and services exported as well as income and workers' remittances received. Workers' remittances include compensation of employees. Data are in current U.S. dollars.
Balance of payments > Capital and financial account > 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."
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. Figures expressed per capita for the same year.
Net income > BoP > Current US$ per million: 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. Figures expressed per million population for the same year.
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. Figures expressed per capita for the same year.
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.
Commercial service imports > Current US$ > Per capita: 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. Per capita figures expressed per 1 population.
Commercial service imports > Current US$: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.
Natural gas > Proved reserves per capita: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions. Figures expressed per capita for the same year.
Natural gas > Consumption: This entry is the total natural gas consumed in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
Natural gas > Proved reserves: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
Tourism > International tourism, expenditures > Current US$: International tourism, expenditures (current US$). International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars.
Tourism > International tourism, receipts for travel items > Current US$ per capita: International tourism, receipts for travel items (current US$). International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Tourism > International tourism, number of departures: International tourism, number of departures. International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited. The data on outbound tourists refer to the number of departures, not to the number of people traveling. Thus a person who makes several trips from a country during a given period is counted each time as a new departure.
Companies > Ease of doing business index > 1=most business-friendly regulations per million: Ease of doing business index (1=most business-friendly regulations). Ease of doing business ranks economies from 1 to 189, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators. Figures expressed per million population for the same year.
International tourism > Receipts for travel items > Current US$: International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars."
Tourism receipts > International > Per $ GDP: Per $ GDP figures expressed per $1,000 gross domestic product
GDP > PPP > Current international $ > Per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. 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.
Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits."
International tourism > Expenditures > Current US$: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
Tax > Tax payments > Number per million: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent. Figures expressed per million population for the same year.
Trade > Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
Purchasing power parity > GDP > PPP > Constant 2005 international $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
Trade > Exports > Export growth: Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights. For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used."
Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure)."

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STAT	Australia	Vanuatu
Budget > Revenues	$504.70 billion Ranked 10th. 3006 times more than Vanuatu	$167.90 million Ranked 201st.
Budget surplus > + or deficit > -	-3.4% of GDP Ranked 109th. 79% more than Vanuatu	-1.9% of GDP Ranked 70th.
Overview	The Australian economy has experienced continuous growth and features low unemployment, contained inflation, very low public debt, and a strong and stable financial system. By 2012, Australia had experienced more than 20 years of continued economic growth, averaging 3.5% a year. Demand for resources and energy from Asia and especially China has grown rapidly, creating a channel for resources investments and growth in commodity exports. The high Australian dollar has hurt the manufacturing sector, while the services sector is the largest part of the Australian economy, accounting for about 70% of GDP and 75% of jobs. Australia was comparatively unaffected by the global financial crisis as the banking system has remained strong and inflation is under control. Australia has benefited from a dramatic surge in its terms of trade in recent years, stemming from rising global commodity prices. Australia is a significant exporter of natural resources, energy, and food. Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron, copper, gold, natural gas, uranium, and renewable energy sources. A series of major investments, such as the US$40 billion Gorgon Liquid Natural Gas project, will significantly expand the resources sector. Australia is an open market with minimal restrictions on imports of goods and services. The process of opening up has increased productivity, stimulated growth, and made the economy more flexible and dynamic. Australia plays an active role in the World Trade Organization, APEC, the G20, and other trade forums. Australia has bilateral free trade agreements (FTAs) with Chile, Malaysia, New Zealand, Singapore, Thailand, and the US, has a regional FTA with ASEAN and New Zealand, is negotiating agreements with China, India, Indonesia, Japan, and the Republic of Korea, as well as with its Pacific neighbors and the Gulf Cooperation Council countries, and is also working on the Trans-Pacific Partnership Agreement with Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the US, and Vietnam.	This South Pacific island economy is based primarily on small-scale agriculture, which provides a living for about two-thirds of the population. Fishing, offshore financial services, and tourism, with nearly 197,000 visitors in 2008, are other mainstays of the economy. Mineral deposits are negligible; the country has no known petroleum deposits. A small light industry sector caters to the local market. Tax revenues come mainly from import duties. Economic development is hindered by dependence on relatively few commodity exports, vulnerability to natural disasters, and long distances from main markets and between constituent islands. In response to foreign concerns, the government has promised to tighten regulation of its offshore financial center. In mid-2002, the government stepped up efforts to boost tourism through improved air connections, resort development, and cruise ship facilities. Agriculture, especially livestock farming, is a second target for growth. Australia and New Zealand are the main suppliers of tourists and foreign aid.
Exports	$257.90 billion Ranked 22nd. 4485 times more than Vanuatu	$57.50 million Ranked 177th.
Exports per capita	$11,369.45 Ranked 28th. 49 times more than Vanuatu	$232.55 Ranked 150th.
GDP	$1.52 trillion Ranked 13th. 1936 times more than Vanuatu	$785.36 million Ranked 165th.
GDP > Composition, by sector of origin > Services	68.9% Ranked 55th. 1% more than Vanuatu	67.9% Ranked 63th.
GDP > Per capita	$37,828.78 per capita Ranked 15th. 7 times more than Vanuatu	$5,066.67 per capita Ranked 65th.
GDP > Per capita > PPP	$42,000.00 Ranked 10th. 9 times more than Vanuatu	$4,800.00 Ranked 124th.
GDP > Purchasing power parity per capita	$40,316.70 Ranked 11th. 8 times more than Vanuatu	$5,146.02 Ranked 110th.
GDP per capita	$67,035.57 Ranked 5th. 21 times more than Vanuatu	$3,176.21 Ranked 114th.
Gross National Income	$386.00 billion Ranked 14th. 1820 times more than Vanuatu	$212.10 million Ranked 1st.
Human Development Index	0.955 Ranked 3rd. 45% more than Vanuatu	0.659 Ranked 119th.
Inflation rate > Consumer prices	1.8% Ranked 168th. 29% more than Vanuatu	1.4% Ranked 178th.
Unemployment rate	5.2% Ranked 88th. 3 times more than Vanuatu	1.7% Ranked 3rd.
Tourist arrivals > Per capita	265.91 per 1,000 people Ranked 82nd.	422.38 per 1,000 people Ranked 68th. 59% more than Australia
GDP > Purchasing power parity	$961.00 billion Ranked 18th. 792 times more than Vanuatu	$1.21 billion Ranked 180th.
Currency > PPP conversion factor to official exchange rate ratio	1.13 Ranked 14th. 2 times more than Vanuatu	0.5 Ranked 66th.
Fiscal year	1	calendar year
GDP > Composition by sector > Industry	26.6% Ranked 108th. 2 times more than Vanuatu	11.7% Ranked 200th.
Currency > Official exchange rate > LCU per US$, period average	$0.97 Ranked 155th.	$92.64 Ranked 52nd. 96 times more than Australia
Imports per capita	$11,594.28 Ranked 29th. 9 times more than Vanuatu	$1,304.69 Ranked 115th.
Development > Human Development Index	0.938 Ranked 2nd. 50% more than Vanuatu	0.626 Ranked 123th.
GDP > Per capita > PPP per thousand people	$1.85 Ranked 81st.	$19.41 Ranked 27th. 10 times more than Australia
Exports > Commodities	coal, iron ore, gold, meat, wool, alumina, wheat, machinery and transport equipment	copra, beef, cocoa, timber, kava, coffee
Imports	$263.00 billion Ranked 20th. 815 times more than Vanuatu	$322.60 million Ranked 178th.
Budget > Expenditures	$556.10 billion Ranked 11th. 3042 times more than Vanuatu	$182.80 million Ranked 180th.
Reserves of foreign exchange and gold per capita	$1,280.46 Ranked 44th. 6 times more than Vanuatu	$203.77 Ranked 87th.
Debt > Net foreign assets > Current LCU	-335,508,786,761.999 Ranked 165th.	19.09 billion Ranked 111th.
Tourist arrivals	5.59 million Ranked 35th. 61 times more than Vanuatu	91,000 Ranked 136th.
Budget > Revenues > Per capita	$15,753.02 per capita Ranked 19th. 42 times more than Vanuatu	$372.34 per capita Ranked 112th.
Inbound tourism income > Current US$	$28.47 billion Ranked 9th. 200 times more than Vanuatu	$142.00 million Ranked 134th.
Tax > Tax rates	26.43 Ranked 49th. 41% more than Vanuatu	18.8 Ranked 52nd.
GDP per person	42,278.74 Ranked 15th. 16 times more than Vanuatu	2,702.18 Ranked 100th.
Exports > Main exports	Ores and metals; wool, food and live animals; fuels, transport machinery and equipment	Copra, timber, beef, cocoa
Budget > Revenues per capita	$17,951.26 Ranked 11th. 48 times more than Vanuatu	$375.88 Ranked 100th.
Gross National Income > Per $ GDP	$63.10 per $100 Ranked 1st. 73% more than Vanuatu	$36.57 per $100 Ranked 1st.
Debt > External	$1.50 trillion Ranked 12th. 7418 times more than Vanuatu	$201.80 million Ranked 175th.
Gross domestic savings > Current US$ per capita	7,443.47$ Ranked 19th. 76 times more than Vanuatu	98.43$ Ranked 105th.
Central bank discount rate	3% Ranked 3rd.	20% Ranked 7th. 7 times more than Australia
Debt > External > Per capita	$40,368.64 per capita Ranked 13th. 103 times more than Vanuatu	$391.64 per capita Ranked 24th.
GDP > Composition by sector > Services	69.4% Ranked 48th. 3% more than Vanuatu	67.6% Ranked 58th.
Tax > GDP > Constant LCU	1.45 trillion Ranked 59th. 24 times more than Vanuatu	59.27 billion Ranked 124th.
Tourism > International tourism, number of arrivals per capita	0.263 Ranked 95th.	0.389 Ranked 85th. 48% more than Australia
International tourism > Receipts > Current US$ > Per $ GDP	28.17$ per $1,000 of GDP Ranked 66th.	273.12$ per $1,000 of GDP Ranked 3rd. 10 times more than Australia
Consumer spending	57.33 Ranked 100th.	65.83 Ranked 70th. 15% more than Australia
Consumer price index	116.1% Ranked 90th. 5% more than Vanuatu	110.45% Ranked 98th.
GDP > Composition by sector > Agriculture	4% Ranked 139th.	20.6% Ranked 45th. 5 times more than Australia
GDP per capita > PPP > Current international $	31,794.13 PPP $ Ranked 17th. 10 times more than Vanuatu	3,225.05 PPP $ Ranked 106th.
Industries	mining, industrial and transportation equipment, food processing, chemicals, steel	food and fish freezing, wood processing, meat canning
GDP > Composition, by end use > Imports of goods and services	-22% Ranked 13th.	-50.3% Ranked 101st. 2 times more than Australia
GDP per capita > Constant LCU	39738.41	76780.97
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US	$22.57 billion Ranked 15th. 824 times more than Vanuatu	$27.39 million Ranked 159th.
Labor force	12 Ranked 115th.	115 Ranked 46th. 10 times more than Australia
GDP > Real growth rate	3.7% Ranked 87th. 61% more than Vanuatu	2.3% Ranked 114th.
Debt > Government debt > Gross government debt, share of GDP	27.16 IMF Ranked 136th. 36% more than Vanuatu	20.01 IMF Ranked 148th.
Debt > Central government debt, total > Current LCU	430.18 billion Ranked 29th. 46 times more than Vanuatu	9.45 billion Ranked 46th.
International tourism > Number of arrivals	5.5 million Ranked 33th. 89 times more than Vanuatu	62,000 Ranked 131st.
Economic growth > Per capita	-0.76 Ranked 74th.	1.43 Ranked 47th.
Foreign direct investment > Net > BoP > Current US$ per capita	42.74 BoP $ Ranked 73th.	59.62 BoP $ Ranked 63th. 39% more than Australia
GDP per capita > Constant 2000 US$	23,039.43 constant 2000 US$ Ranked 20th. 20 times more than Vanuatu	1,172.11 constant 2000 US$ Ranked 100th.
Economic freedom	82.6 Ranked 3rd. 46% more than Vanuatu	56.6 Ranked 110th.
GDP > Official exchange rate per capita	$55,290.43 Ranked 6th. 18 times more than Vanuatu	$3,051.22 Ranked 104th.
Stock of direct foreign investment > At home	$610.80 billion Ranked 13th. 1081 times more than Vanuatu	$565.10 million Ranked 97th.
Current account balance	$-57,140,000,000.00 Ranked 175th. 444 times more than Vanuatu	$-128,600,000.00 Ranked 64th.
Agriculture > Products	wheat, barley, sugarcane, fruits; cattle, sheep, poultry	copra, coconuts, cocoa, coffee, taro, yams, fruits, vegetables; beef; fish
Trade > Imports per capita	$9,082.13 Ranked 24th. 12 times more than Vanuatu	$726.75 Ranked 109th.
Currency	Australian dollar	vatu
Current account balance > BoP > Current US$ per capita	-2,073.392 BoP $ Ranked 129th. 7 times more than Vanuatu	-305.621 BoP $ Ranked 97th.
GNI per capita	$49,790.00 Ranked 1st. 17 times more than Vanuatu	$2,870.00 Ranked 1st.
GDP > Purchasing power parity > Per capita	$37,828.78 per capita Ranked 15th. 7 times more than Vanuatu	$5,066.67 per capita Ranked 65th.
Trade > Exports per capita	$9,548.93 Ranked 25th. 51 times more than Vanuatu	$186.35 Ranked 141st.
Current account balance per capita	0.0 Ranked 128th.	$-272.73 Ranked 126th.
Money and quasi money > M2 > Current LCU	728971000000	42645350000
Tourism > International tourism, number of arrivals	5.88 million Ranked 43th. 63 times more than Vanuatu	94,000 Ranked 151st.
Tax > GDP > Constant LCU per capita	63,992.84 Ranked 74th.	239,685.53 Ranked 42nd. 4 times more than Australia
Retail > Gross value added by wholesale, retail trade, restaurants and hotels	171.09 billion Ranked 13th. 1168 times more than Vanuatu	146.45 million Ranked 184th.
Household final > Consumption expenditure > Current US$ per capita	19,092.64$ Ranked 12th. 25 times more than Vanuatu	764.89$ Ranked 98th.
Budget > Expenditures per capita	$19,328.99 Ranked 11th. 56 times more than Vanuatu	$344.98 Ranked 103th.
Reserves > Total reserves > Includes gold, current US$	$49.14 billion Ranked 36th. 283 times more than Vanuatu	$173.79 million Ranked 167th.
Stock of broad money	None	None
Exchange rates	Australian dollars (AUD) per US dollar -<br />0.97 (2012 est.)<br />0.97 (2011 est.)<br />1.09 (2010)<br />1.28 (2009)<br />1.21 (2008)	vatu (VUV) per US dollar -<br />92.64 (2012 est.)<br />89.47 (2011 est.)<br />96.91 (2010 est.)
Debt > External per capita	$39,251.23 Ranked 15th. 99 times more than Vanuatu	$397.78 Ranked 22nd.
Gross fixed capital formation > Current US$ > Per $ GDP	0.255$ per $1 of GDP Ranked 36th. 26% more than Vanuatu	0.202$ per $1 of GDP Ranked 98th.
Exports > Partners	China 29.5%, Japan 19.3%, South Korea 8%, India 4.9%	Thailand 41.9%, Cote dIvoire 30.5%, Japan 14.7%
GDP > Official exchange rate	$1.52 trillion Ranked 12th. 1959 times more than Vanuatu	$776.40 million Ranked 180th.
GDP per capita > PPP > Constant 2000 international $	28,285.86 PPP 2000 $ Ranked 17th. 10 times more than Vanuatu	2,869.18 PPP 2000 $ Ranked 106th.
Investment > Gross fixed	28.2% of GDP Ranked 27th. 29% more than Vanuatu	21.9% of GDP Ranked 90th.
Interest rate spread > Lending rate minus deposit rate	5.35% Ranked 89th.	5.47% Ranked 88th. 2% more than Australia
Income receipts > BoP > Current US$ per capita	797.45 BoP $ Ranked 28th. 6 times more than Vanuatu	132.41 BoP $ Ranked 58th.
Bank liquid > Reserves to bank assets ratio	0.79 Ranked 158th.	6.67 Ranked 111th. 8 times more than Australia
Stock of narrow money	None	None
GDP > Composition, by sector of origin > Industry	27.2% Ranked 103th. 3 times more than Vanuatu	9.5% Ranked 208th.
Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita	$6,863.15 Ranked 31st. 8 times more than Vanuatu	$856.11 Ranked 105th.
Debt > Net domestic credit > Current LCU	2.27 trillion Ranked 45th. 45 times more than Vanuatu	50.7 billion Ranked 113th.
Government spending	93.92 billion Ranked 13th. 1660 times more than Vanuatu	56.57 million Ranked 164th.
Net current transfers from abroad > Constant LCU	-389562400	1817080000
Foreign direct investment > Net inflows > BoP > Current US$ per capita	-1,687.696 BoP $ Ranked 165th.	63.29 BoP $ Ranked 87th.
GDP > Current LCU	959207700000	37200000000
High-technology > Exports > Current US$ > Per capita	$197,747.91 per 1,000 people Ranked 36th. 679 times more than Vanuatu	$291.38 per 1,000 people Ranked 116th.
GDP > Composition, by sector of origin > Agriculture	3.9% Ranked 137th.	22.5% Ranked 41st. 6 times more than Australia
Savings > Gross domestic savings > Current US$ per capita	$19,058.32 Ranked 7th. 29 times more than Vanuatu	$659.31 Ranked 91st.
Tax > Tax payments > Number	11 Ranked 142nd.	31 Ranked 80th. 3 times more than Australia
Real interest rate	4.2% Ranked 75th.	5.13% Ranked 68th. 22% more than Australia
Gross domestic savings	267.07 billion Ranked 15th. 2812 times more than Vanuatu	94.97 million Ranked 135th.
Inflation	112.58 Ranked 121st. 1% more than Vanuatu	111.2 Ranked 129th.
Outbound tourist spending	24.9 billion Ranked 12th. 1916 times more than Vanuatu	13 million Ranked 151st.
Income > GNI, PPP > Current international $ per capita	$43,298.36 Ranked 11th. 10 times more than Vanuatu	$4,298.63 Ranked 110th.
Income > GNI per capita, PPP > Current international $	$43,300.00 Ranked 11th. 10 times more than Vanuatu	$4,300.00 Ranked 110th.
GDP > By type of expenditure > Household consumption expenditure per capita	38,080.65 Ranked 6th. 20 times more than Vanuatu	1,920.26 Ranked 136th.
Reserves of foreign exchange and gold	$49.15 billion Ranked 38th. 262 times more than Vanuatu	$187.30 million Ranked 157th.
Size of economy > GDP > GDP growth	3.4% Ranked 89th. 51% more than Vanuatu	2.25% Ranked 108th.
GDP > Constant 2000 US$	468.37 billion constant 2000 US$ Ranked 14th. 1891 times more than Vanuatu	247.74 million constant 2000 US$ Ranked 159th.
International tourism > Expenditures > Current US$ per capita	739.21$ Ranked 17th. 12 times more than Vanuatu	62.09$ Ranked 68th.
Purchasing power parity conversion factor > LCU per international $	1.48	54.57
GDP > Composition, by end use > Household consumption	54.9% Ranked 142nd.	58.9% Ranked 123th. 7% more than Australia
Current transfers > Receipts > BoP > Current US$	3.26 billion BoP $ Ranked 38th. 125 times more than Vanuatu	26.06 million BoP $ Ranked 131st.
Debt > Net current transfers from abroad > Current LCU	-1,430,131,088.566 Ranked 121st.	1.82 billion Ranked 78th.
Saving rate	21.47 Ranked 61st. 29% more than Vanuatu	16.58 Ranked 94th.
GDP > PPP > Constant 2000 international $ per capita	28,194.6 PPP 2000 $ Ranked 17th. 10 times more than Vanuatu	2,896.48 PPP 2000 $ Ranked 105th.
International tourism > Number of departures	4.75 million Ranked 22nd. 340 times more than Vanuatu	14,000 Ranked 74th.
Consumption > Consumption by sector > Equals: Household final consumption expenditure	738.41 billion USD Ranked 12th. 2358 times more than Vanuatu	313.1 million USD Ranked 89th.
Debt > Central government debt, total > Current LCU per capita	19,269.88 Ranked 33th.	52,082.76 Ranked 14th. 3 times more than Australia
Net income > BoP > Current US$ > Per capita	-1,362,110.286 BoP $ per 1,000 people Ranked 132nd. 11 times more than Vanuatu	-122,713.716 BoP $ per 1,000 people Ranked 83th.
GDP > CIA Factbook	$571.40 billion Ranked 16th. 1015 times more than Vanuatu	$563.00 million Ranked 182nd.
Debt > Net foreign assets > Current LCU per capita	-14,790.809 Ranked 164th.	77,209.77 Ranked 45th.
Tax > GDP > Current LCU	1.47 trillion Ranked 78th. 20 times more than Vanuatu	72.91 billion Ranked 135th.
GDP > PPP per capita	$30,105.33 Ranked 14th. 10 times more than Vanuatu	$3,047.00 Ranked 109th.
GNI	900.68 billion Ranked 14th. 1440 times more than Vanuatu	625.65 million Ranked 144th.
GDP > PPP	$605.94 billion Ranked 16th. 974 times more than Vanuatu	$622.00 million Ranked 160th.
Tax > GDP > Current US$ per capita	$67,555.76 Ranked 6th. 21 times more than Vanuatu	$3,183.16 Ranked 116th.
Trade > Exports to US	$1.43 billion Ranked 32nd. 7127 times more than Vanuatu	$200,000.00 Ranked 194th.
Industrial production growth rate	3.5% Ranked 77th. 67% more than Vanuatu	2.1% Ranked 96th.
Purchasing power parity > GDP per capita > PPP > Current international $	$39,230.73 Ranked 10th. 9 times more than Vanuatu	$4,438.38 Ranked 100th.
World trade > Exports	205.67 billion Ranked 27th. 780 times more than Vanuatu	263.7 million Ranked 144th.
Labor force > By occupation > Agriculture	3.6% Ranked 155th.	65% Ranked 40th. 18 times more than Australia
Tourist arrivals by region of origin > Europe	1.33 million Ranked 41st. 380 times more than Vanuatu	3,503 Ranked 165th.
Labor force > By occupation > Services	75% Ranked 2nd. 3 times more than Vanuatu	30% Ranked 4th.
Lending interest rate	9.06% Ranked 94th. 21% more than Vanuatu	7.47% Ranked 106th.
Industrial > Production growth rate	3% Ranked 105th. 3 times more than Vanuatu	1% Ranked 6th.
Tax > GDP per capita > Constant LCU	63,992.84 Ranked 74th.	239,685.53 Ranked 42nd. 4 times more than Australia
Spending > Household final consumption expenditure per capita > Constant 2000 US$	$21,651.27 Ranked 10th. 17 times more than Vanuatu	$1,241.97 Ranked 102nd.
Income > GDP per capita, PPP > Current international $	$44,597.83 Ranked 10th. 10 times more than Vanuatu	$4,530.79 Ranked 116th.
Debt > Interest rates > Central bank discount rate	2.5% Ranked 82nd.	6% Ranked 62nd. 2 times more than Australia
Net domestic credit > Current LCU	1053199000000	18546570000
International tourism > Receipts > Current US$ per capita	1,011.88$ Ranked 21st. 2 times more than Vanuatu	444.18$ Ranked 41st.
Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita	7,542.37 Ranked 16th. 13 times more than Vanuatu	592.3 Ranked 122nd.
GDP > By type of expenditure > Household consumption expenditure	863.81 billion Ranked 11th. 1819 times more than Vanuatu	474.81 million Ranked 188th.
Household spending per capita	14,937.88 Ranked 11th. 15 times more than Vanuatu	1,022.36 Ranked 92nd.
Commercial bank prime lending rate	6.98% Ranked 124th. 16% more than Vanuatu	6% Ranked 137th.
Current account balance > BoP > Current US$	-42,286,420,000 BoP $ Ranked 134th. 661 times more than Vanuatu	-63,989,330 BoP $ Ranked 60th.
Trade > Imports	$200.40 billion Ranked 20th. 1285 times more than Vanuatu	$156.00 million Ranked 180th.
Currency > Official exchange rate > LCU per US$ > Period average	1.33	109.25
GDP > CIA Factbook per capita	$28,720.21 Ranked 13th. 10 times more than Vanuatu	$2,902.81 Ranked 118th.
Oil > Exports	312,600 bbl/day Ranked 39th.	0.0 Ranked 195th.
GDP > Composition, by end use > Exports of goods and services	20.1% Ranked 164th.	45.6% Ranked 81st. 2 times more than Australia
Purchasing power parity > GNI per capita > PPP > Current international $	$38,210.00 Ranked 8th. 9 times more than Vanuatu	$4,290.00 Ranked 96th.
Income > Health expenditure per capita, PPP > Constant 2005 international $	$3,691.55 Ranked 14th. 19 times more than Vanuatu	$190.66 Ranked 132nd.
Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita	33,076.97 USD Ranked 6th. 23 times more than Vanuatu	1,423.18 USD Ranked 64th.
Tax > GDP > Current LCU per capita	65,008.55 Ranked 89th.	294,879.59 Ranked 58th. 5 times more than Australia
Spending > Household final consumption expenditure > Current US$ per capita	$36,154.56 Ranked 3rd. 18 times more than Vanuatu	$1,968.92 Ranked 106th.
Debt > Strength of legal rights index > 0=weak to 10=strong per million	0.441 Ranked 108th.	36.4 Ranked 15th. 83 times more than Australia
Oil > Production	549,200 bbl/day Ranked 29th.	0.0 Ranked 199th.
Economy growth	1.29 Ranked 68th.	4 Ranked 37th. 3 times more than Australia
Trade > Exports > Exports of goods and services	311.29 billion Ranked 19th. 827 times more than Vanuatu	376.23 million Ranked 182nd.
Purchasing power parity > Gross domestic product per capita > PPP	34,259.08 Ranked 12th. 9 times more than Vanuatu	4,030.32 Ranked 99th.
Debt > Interest payments > Current LCU	16.99 billion Ranked 51st. 69 times more than Vanuatu	247 million Ranked 63th.
Electricity > Consumption per capita	10,540.39 kWh Ranked 9th. 59 times more than Vanuatu	177.42 kWh Ranked 118th.
GDP > CIA Factbook > Per capita	$28,752.58 per capita Ranked 13th. 10 times more than Vanuatu	$2,824.99 per capita Ranked 120th.
Household spending	320.15 billion Ranked 14th. 1651 times more than Vanuatu	193.97 million Ranked 161st.
Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita	$19,670.48 Ranked 9th. 10 times more than Vanuatu	$1,955.96 Ranked 111th.
GDP > Composition, by end use > Government consumption	18.2% Ranked 63th. The same as Vanuatu	18.2% Ranked 64th.
GDP > Per $ GDP	$37,828.78 per $1 of GDP Ranked 15th. 7 times more than Vanuatu	$5,066.67 per $1 of GDP Ranked 65th.
Spending > Household final consumption expenditure, etc. > Current US$	$827.42 billion Ranked 13th. 1707 times more than Vanuatu	$484.78 million Ranked 159th.
Entrepreneurship > Starting a Business > Index ranking	2 Ranked 153th.	56 Ranked 99th. 28 times more than Australia
Gross domestic savings > Current US$	149.82 billion$ Ranked 15th. 8393 times more than Vanuatu	17.85 million$ Ranked 147th.
GDP > Constant 2000 US$ per capita	22,965.1 constant 2000 US$ Ranked 20th. 19 times more than Vanuatu	1,183.26 constant 2000 US$ Ranked 98th.
GNI > Current US$ per capita	34,559.4$ Ranked 15th. 22 times more than Vanuatu	1,574.29$ Ranked 99th.
Trade > Exports	$210.70 billion Ranked 20th. 5268 times more than Vanuatu	$40.00 million Ranked 179th.
Purchasing power parity > GDP > PPP > Current international $	$858.17 billion Ranked 17th. 806 times more than Vanuatu	$1.06 billion Ranked 151st.
Entrepreneurship > Hiring and Firing > Index ranking	14 Ranked 140th.	45 Ranked 109th. 3 times more than Australia
Income > GDP, PPP > Current international $ per capita	$44,597.83 Ranked 10th. 10 times more than Vanuatu	$4,530.79 Ranked 116th.
Total > Reserves in months of imports	2.68 Ranked 82nd.	3.12 Ranked 70th. 16% more than Australia
Imports > Commodities	machinery and transport equipment, computers and office machines, telecommunication equipment and parts; crude oil and petroleum products	machinery and equipment, foodstuffs, fuels
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults	165.95 Ranked 5th. 5 times more than Vanuatu	34.76 Ranked 87th.
Inflation > Consumer price index > 2005 = 100	121.81 Ranked 133th.	121.85 Ranked 132nd. The same as Australia
Gross domestic savings > Current US$ > Per $ GDP	228.51$ per $1,000 of GDP Ranked 63th. 3 times more than Vanuatu	71.11$ per $1,000 of GDP Ranked 136th.
GDP > Constant LCU	807842200000	16228960000
Welfare > Revenue, excluding grants > Current LCU	321.27 billion Ranked 46th. 48 times more than Vanuatu	6.72 billion Ranked 64th.
Labor force per thousand people	0.000539 Ranked 100th.	0.44 Ranked 40th. 816 times more than Australia
Trade > Imports > Imports of goods and services	322.15 billion Ranked 16th. 744 times more than Vanuatu	433.04 million Ranked 183th.
GNI > Atlas method > Current US$ per capita	33,008.29$ Ranked 17th. 21 times more than Vanuatu	1,578.73$ Ranked 90th.
Income > GDP, PPP > Current international $	$1.01 trillion Ranked 18th. 903 times more than Vanuatu	$1.12 billion Ranked 167th.
Income > Household final consumption expenditure, PPP > Constant 2005 international $	$446.20 billion Ranked 18th. 1090 times more than Vanuatu	$409.53 million Ranked 169th.
Income > GNI, PPP > Current international $	$982.16 billion Ranked 18th. 924 times more than Vanuatu	$1.06 billion Ranked 159th.
Currency > Monetary unit	1 Australian dollar = 100 cents	1 vatu = 100 centimes
Budget > Expenditures > Per $ GDP	$0.34 per $1 of GDP Ranked 54th. 71% more than Vanuatu	$0.20 per $1 of GDP Ranked 117th.
Taxes and other revenues	33.2% of GDP Ranked 67th. 54% more than Vanuatu	21.6% of GDP Ranked 138th.
Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U	$234.30 billion Ranked 21st. 1067 times more than Vanuatu	$219.48 million Ranked 150th.
Balance of payments > Financial > Reserves	-1,402,666,992.08 Ranked 125th. 155 times more than Vanuatu	-9,038,874.94 Ranked 37th.
Balance of payments > Current account > Balances > Current account balance > Current US$	$-47,786,269,398.64 Ranked 150th. 1389 times more than Vanuatu	$-34,414,598.22 Ranked 55th.
Oil > Proved reserves	3.32 billion bbl Ranked 27th.	0.0 Ranked 188th.
Companies > Ease of doing business index > 1=most business-friendly regulations	11 Ranked 178th.	74 Ranked 115th. 7 times more than Australia
Natural gas > Production	45.11 billion cu m Ranked 15th.	0.0 Ranked 181st.
GDP deflator	118.74 Ranked 132nd.	229.22 Ranked 62nd. 93% more than Australia
Oil > Consumption	960,800 bbl/day Ranked 22nd. 961 times more than Vanuatu	1,000 bbl/day Ranked 203th.
Tourism > International tourism, receipts > Current US$	$34.17 billion Ranked 9th. 136 times more than Vanuatu	$252.00 million Ranked 129th.
Electricity > Consumption	225.4 billion kWh Ranked 13th. 5636 times more than Vanuatu	39.99 million kWh Ranked 157th.
Spending > Final consumption expenditure > Constant 2000 US$ per capita	$28,284.11 Ranked 16th. 19 times more than Vanuatu	$1,516.57 Ranked 103th.
Currency > GDP > Constant 2000 US$ per capita	$37,304.64 Ranked 17th. 18 times more than Vanuatu	$2,112.20 Ranked 113th.
Tax > GDP > Current US$	$1.53 trillion Ranked 13th. 1947 times more than Vanuatu	$787.07 million Ranked 167th.
Net capital account > BoP > Current US$	886.26 million BoP $ Ranked 12th.	-1,601,155 BoP $ Ranked 90th.
Net trade in goods and services > BoP > Current US$	-14,233,030,000 BoP $ Ranked 130th. 246 times more than Vanuatu	-57,962,230 BoP $ Ranked 48th.
Portfolio investment > Excluding LCFAR > BoP > Current US$	-78,511,390,000 BoP $ Ranked 110th. 106049 times more than Vanuatu	-740,328.8 BoP $ Ranked 29th.
Budget > Expenditures > Per capita	$15,454.50 per capita Ranked 18th. 45 times more than Vanuatu	$341.73 per capita Ranked 116th.
GDP > Composition, by end use > Investment in inventories	0.4% Ranked 90th.	0.9% Ranked 66th. 2 times more than Australia
Purchasing power parity > GNI > PPP > Current international $	$835.74 billion Ranked 17th. 813 times more than Vanuatu	$1.03 billion Ranked 142nd.
Debt > External > Per $ GDP	$817.65 per $1,000 of GDP Ranked 25th. 3 times more than Vanuatu	$246.00 per $1,000 of GDP Ranked 23th.
GNI > PPP > Current international $	621.86 billion PPP $ Ranked 16th. 943 times more than Vanuatu	659.47 million PPP $ Ranked 150th.
High-technology > Exports > Current US$	$4.15 billion Ranked 32nd. 67260 times more than Vanuatu	$61,763.00 Ranked 129th.
Stock of direct foreign investment > Abroad	$426.00 billion Ranked 16th. 19103 times more than Vanuatu	$22.30 million Ranked 88th.
Oil > Exports per thousand people	14.35 bbl/day Ranked 39th.	0.0 Ranked 182nd.
Gross National Income > Constant LCU	793542500000	11826460000
Final > Consumption expenditure > Etc. > Current US$	505.81 billion$ Ranked 11th. 2169 times more than Vanuatu	233.16 million$ Ranked 163th.
GDP > Constant 2000 US$ > Per capita	23,039.43 constant 2000 US$ per c Ranked 20th. 20 times more than Vanuatu	1,172.11 constant 2000 US$ per c Ranked 100th.
Deposit interest rate	3.7% Ranked 78th. 85% more than Vanuatu	2% Ranked 128th.
National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$	$25,056.15 Ranked 18th. 16 times more than Vanuatu	$1,561.23 Ranked 94th.
Income > GDP per capita, PPP > Constant 2005 international $	$35,668.77 Ranked 15th. 9 times more than Vanuatu	$3,969.33 Ranked 116th.
Scientific and technical journals > Articles published	17,830.6 Ranked 12th. 11144 times more than Vanuatu	1.6 Ranked 163th.
Foreign direct investment > Net > BoP > Current US$ > Per capita	42,879.53 BoP $ per 1,000 people Ranked 74th.	59,056.47 BoP $ per 1,000 people Ranked 65th. 38% more than Australia
Net income > BoP > Current US$	-27,690,340,000 BoP $ Ranked 136th. 1068 times more than Vanuatu	-25,937,630 BoP $ Ranked 38th.
Goods imports > BoP > Current US$	120.39 billion BoP $ Ranked 18th. 918 times more than Vanuatu	131.15 million BoP $ Ranked 137th.
Oil > Consumption per thousand people	43.54 bbl/day Ranked 36th. 10 times more than Vanuatu	4.23 bbl/day Ranked 151st.
Budget > Revenues > Per $ GDP	$0.35 per $1 of GDP Ranked 52nd. 63% more than Vanuatu	$0.21 per $1 of GDP Ranked 104th.
Natural gas > Production per capita	2,044.39 cu m Ranked 9th.	0.0 Ranked 168th.
International tourism > Expenditures for travel items > Current US$	$18.73 billion Ranked 14th. 1703 times more than Vanuatu	$11.00 million Ranked 148th.
Government spending > Subsidies and other transfers > Current LCU per capita	11,623.37 Ranked 38th. 7 times more than Vanuatu	1,554.9 Ranked 4th.
Tax > Taxes on international trade > Current LCU	5.84 billion Ranked 45th. 2 times more than Vanuatu	2.44 billion Ranked 34th.
Government spending > Subsidies and other transfers > Current LCU	259.48 billion Ranked 39th. 1138 times more than Vanuatu	228 million Ranked 19th.
Currency > DEC alternative conversion factor > LCU per US$	1.31	109.25
Labor force > By occupation > Industry	21.1% Ranked 66th. 4 times more than Vanuatu	5% Ranked 157th.
GDP > Composition, by end use > Investment in fixed capital	28.5% Ranked 43th. 7% more than Vanuatu	26.7% Ranked 51st.
Foreign direct investment > Net > BoP > Current US$	871.7 million BoP $ Ranked 46th. 70 times more than Vanuatu	12.48 million BoP $ Ranked 101st.
Royalty and license fees > Payments > BoP > Current US$	1.64 billion BoP $ Ranked 15th. 3529 times more than Vanuatu	466,050 BoP $ Ranked 99th.
Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP	0.204 BoP $ per $1 of GDP Ranked 124th.	0.601 BoP $ per $1 of GDP Ranked 46th. 3 times more than Australia
Stock of direct foreign investment > At home per capita	$26,926.94 Ranked 11th. 12 times more than Vanuatu	$2,285.43 Ranked 64th.
Spending > Household final consumption expenditure > Constant 2000 US$ per capita	$21,651.27 Ranked 10th. 17 times more than Vanuatu	$1,241.97 Ranked 102nd.
Reserves > Total reserves minus gold > Current US$	$44.87 billion Ranked 34th. 258 times more than Vanuatu	$173.79 million Ranked 167th.
Spending > Final consumption expenditure > Constant 2000 US$	$641.59 billion Ranked 16th. 2021 times more than Vanuatu	$317.53 million Ranked 168th.
Savings > Gross domestic savings > Current US$	$432.31 billion Ranked 9th. 2712 times more than Vanuatu	$159.41 million Ranked 135th.
World Bank exchange rate	1.36 Ranked 136th.	104.85 Ranked 48th. 77 times more than Australia
Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country	104.94 Ranked 161st.	115.35 Ranked 152nd. 10% more than Australia
Balance of payments > Current account > Balances > Net trade in goods > US$	$-4,914,841,830.81 Ranked 119th. 34 times more than Vanuatu	$-142,931,313.66 Ranked 58th.
Trade > Exports > Goods	193.97 billion Ranked 19th. 1099 times more than Vanuatu	176.48 million Ranked 154th.
Electricity > Production	232 billion kWh Ranked 15th. 5395 times more than Vanuatu	43 million kWh Ranked 126th.
Electricity > Imports per capita	0.0 Ranked 131st.	0.0 Ranked 146th.
Stock of money	$298.50 billion Ranked 7th. 2787 times more than Vanuatu	$107.10 million Ranked 153th.
Gross fixed capital formation > Current US$ per capita	8,290.69$ Ranked 8th. 30 times more than Vanuatu	279.27$ Ranked 96th.
Gross national expenditure > Current US$ > Per $ GDP	1.03$ per $1 of GDP Ranked 90th.	1.13$ per $1 of GDP Ranked 42nd. 10% more than Australia
GNI > Atlas method > Current US$ > Per capita	33,115.13$ per capita Ranked 16th. 21 times more than Vanuatu	1,563.85$ per capita Ranked 91st.
Income > GNI, PPP > Constant 2005 international $	$783.09 billion Ranked 18th. 1129 times more than Vanuatu	$693.51 million Ranked 174th.
Income > GNI per capita, PPP > Constant 2005 international $	$34,522.23 Ranked 12th. 10 times more than Vanuatu	$3,312.30 Ranked 119th.
Income > GDP, PPP > Constant 2005 international $ per capita	$35,668.77 Ranked 15th. 9 times more than Vanuatu	$3,969.33 Ranked 116th.
International tourism > Receipts > Current US$	20.64 billion$ Ranked 7th. 222 times more than Vanuatu	93 million$ Ranked 106th.
Oil > Production per thousand people	24.89 bbl/day Ranked 31st.	0.0 Ranked 198th.
Gross savings > Current US$ per capita	6,365.21$ Ranked 13th. 56 times more than Vanuatu	114.43$ Ranked 99th.
Trade > Exports > Export growth in USD	356.04 Ranked 29th. 60% more than Vanuatu	221.89 Ranked 69th.
Innovation > Scientific and technical journal articles	18,923.3 Ranked 13th. 5256 times more than Vanuatu	3.6 Ranked 157th.
GDP > PPP > Current international $ per capita	31,691.55 PPP $ Ranked 17th. 10 times more than Vanuatu	3,255.73 PPP $ Ranked 105th.
Welfare > Revenue, excluding grants > Current LCU per capita	14,391.53 Ranked 47th.	37,061.75 Ranked 18th. 3 times more than Australia
Transnational corporations > Affiliates	2,539 Ranked 29th. 115 times more than Vanuatu	22 Ranked 111th.
Tax > Customs and other import duties > Current LCU	6.07 billion Ranked 31st. 2 times more than Vanuatu	2.43 billion Ranked 24th.
Imports > Partners	China 18.4%, US 11.7%, Japan 7.9%, Singapore 6%, Germany 4.6%, Thailand 4.2%, South Korea 4.1%	China 20.2%, Singapore 18.8%, US 15%, Japan 11.6%, Australia 10.4%, Fiji 5.2%, NZ 4.8%
Oil > Imports per thousand people	33.58 bbl/day Ranked 35th. 10 times more than Vanuatu	3.3 bbl/day Ranked 118th.
Oil > Imports	731,400 bbl/day Ranked 18th. 961 times more than Vanuatu	761 bbl/day Ranked 187th.
Electricity > Production per capita	10,652.56 kWh Ranked 10th. 56 times more than Vanuatu	190.77 kWh Ranked 92nd.
GDP growth > Duration 1975-2000	1.9% Ranked 51st. 19 times more than Vanuatu	0.1% Ranked 97th.
Trade > Imports > By good > Passenger cars etc	6.98 million Ranked 10th. 4729 times more than Vanuatu	1,477 Ranked 6th.
Trade balance with US	$1.43 billion Ranked 2nd.	$-100,000.00 Ranked 107th.
Household final > Consumption expenditure > Current US$	384.29 billion$ Ranked 12th. 2770 times more than Vanuatu	138.71 million$ Ranked 164th.
Merchandise > Exports > Current US$	105.83 billion$ Ranked 26th. 2785 times more than Vanuatu	38 million$ Ranked 180th.
Gross fixed capital formation > Current US$	166.87 billion$ Ranked 12th. 3295 times more than Vanuatu	50.64 million$ Ranked 162nd.
Household final > Consumption expenditure > Current US$ > Per capita	19,126.28$ per capita Ranked 13th. 26 times more than Vanuatu	739.1$ per capita Ranked 99th.
Services > Etc. > Value added > Constant 2000 US$	293.62 billion constant 2000 US$ Ranked 12th. 1696 times more than Vanuatu	173.17 million constant 2000 US$ Ranked 152nd.
Tax > Time to prepare and pay taxes > Hours	107 Ranked 152nd.	120 Ranked 146th. 12% more than Australia
Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU	1.25 trillion Ranked 12th. 21 times more than Vanuatu	59.87 billion Ranked 95th.
Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo	$271.62 billion Ranked 23th. 1057 times more than Vanuatu	$256.96 million Ranked 150th.
Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$	$370.15 million Ranked 32nd.	$-4,310,397.44 Ranked 79th.
Royalty and license fees > Payments > BoP > Current US$ per capita	80.64 BoP $ Ranked 18th. 36 times more than Vanuatu	2.23 BoP $ Ranked 75th.
Net income > BoP > Current US$ per million	-1,357,715,692.235 BoP $ Ranked 130th. 11 times more than Vanuatu	-123,881,217.91 BoP $ Ranked 82nd.
Trade > Imports of goods > Services and income > BoP > Current US$ per capita	9,497.14 BoP $ Ranked 29th. 8 times more than Vanuatu	1,233.65 BoP $ Ranked 86th.
Foreign direct investment > Net > BoP > Current US$ > Per $ GDP	1.19 BoP $ per $1,000 of GDP Ranked 100th.	36.66 BoP $ per $1,000 of GDP Ranked 45th. 31 times more than Australia
Commercial service imports > Current US$ > Per capita	1,414.4$ per capita Ranked 37th. 4 times more than Vanuatu	323.08$ per capita Ranked 76th.
Commercial service imports > Current US$	28.75 billion$ Ranked 21st. 421 times more than Vanuatu	68.29 million$ Ranked 135th.
Natural gas > Proved reserves per capita	139,536.55 cu m Ranked 15th.	0.0 Ranked 190th.
Natural gas > Consumption	26.41 billion cu m Ranked 21st.	0.0 Ranked 183th.
Natural gas > Proved reserves	3.12 trillion cu m Ranked 11th.	0.0 Ranked 192nd.
External debt > Date of information	30 June 2006 est.	2004
Tourism > International tourism, expenditures > Current US$	$33.55 billion Ranked 11th. 860 times more than Vanuatu	$39.00 million Ranked 140th.
Tourism > International tourism, receipts for travel items > Current US$ per capita	$1,409.07 Ranked 22nd. 51% more than Vanuatu	$934.74 Ranked 37th.
Tourism > International tourism, number of departures	7.79 million Ranked 24th. 354 times more than Vanuatu	22,000 Ranked 82nd.
Companies > Ease of doing business index > 1=most business-friendly regulations per million	0.441 Ranked 175th.	315.45 Ranked 16th. 716 times more than Australia
International tourism > Receipts for travel items > Current US$	$25.06 billion Ranked 9th. 211 times more than Vanuatu	$119.00 million Ranked 130th.
Tourism receipts > International > Per $ GDP	$28.16 per $1,000 of GDP Ranked 85th.	$252.73 per $1,000 of GDP Ranked 8th. 9 times more than Australia
GDP > PPP > Current international $ > Per capita	31,794.13 PPP $ per capita Ranked 17th. 10 times more than Vanuatu	3,225.05 PPP $ per capita Ranked 106th.
GDP > PPP > Constant 2000 international $ > Per capita	28,285.86 PPP 2000 $ per capita Ranked 17th. 10 times more than Vanuatu	2,869.18 PPP 2000 $ per capita Ranked 106th.
Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate	3.74% Ranked 79th.	4.04% Ranked 77th. 8% more than Australia
International tourism > Expenditures > Current US$	15.08 billion$ Ranked 12th. 1160 times more than Vanuatu	13 million$ Ranked 109th.
Tax > Tax payments > Number per million	0.485 Ranked 150th.	125.37 Ranked 15th. 259 times more than Australia
Trade > Exports > Per $ GDP	$0.16 per $1 of GDP Ranked 130th. 57% more than Vanuatu	$0.10 per $1 of GDP Ranked 145th.
Purchasing power parity > GDP > PPP > Constant 2005 international $	$749.41 billion Ranked 17th. 775 times more than Vanuatu	$966.42 million Ranked 150th.
Trade > Exports > Export growth	168.22 Ranked 49th. 11% more than Vanuatu	151.77 Ranked 60th.
Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $	$1.57 Ranked 114th.	$69.97 Ranked 43th. 45 times more than Australia
Tourism expenditures > International	$13.00 billion Ranked 12th. 1626 times more than Vanuatu	$8.00 million Ranked 144th.

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbooks 2010, 2011, 2012, 2013; CIA World Factbooks 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data, and OECD National Accounts data files.; CIA World Factbook 2010, 2011, 2012, 2013; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data, and OECD National Accounts data files. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Human Development Report 2006, United Nations Development Programme; World Tourism Organisation, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.; World Development Indicators database; All CIA World Factbooks 18 December 2003 to 18 December 2008; International Monetary Fund, International Financial Statistics. World Bank World Development Indicators.; United Nations Development Programme. Source tables; CIA World Factbook 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, International Financial Statistics and data files. World Bank World Development Indicators.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; World Bank national accounts data, and OECD National Accounts data files.; British Broadcasting Corporation 2014; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data; World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; Wikipedia: List of countries by public debt (List); International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators.; The Heritage Foundation; World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division; United Nations, Comtrade database.; World Bank, Doing Business project (http://www.doingbusiness.org/).; International Monetary Fund, International Financial Statistics and data files.; World Bank, International Comparison Program database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank, International Comparison Program database.; United Nations Statistics Division. Source tables. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; The World Bank. Source tables; United Nations Statistics Division. Source tables; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, International Financial Statistics and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank. 2005. World Development Indicators 2005. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank. 2005. World Development Indicators 2005.; US Census Bureau; Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization; Wikipedia: List of countries by central bank interest rates (https://www.cia.gov/library/publications/the-world-factbook/rankorder/2207rank.html http://www.worldinterestrates.info/ http://www.forexmotion.com/index.php/en/exchange-rates.html); United Nations Statistics Division. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; All CIA World Factbooks 18 December 2003 to 18 December 2008. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Health Organization National Health Account database (see http://apps.who.int/nha/database/DataExplorerRegime.aspx for the most recent updates).; United Nations Statistics Division. Source tables. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; Doing Business, Economy Rankings, 2005.; International Monetary Fund, Financial Access Survey. World Bank World Development Indicators.; United Nations Statistics Division. Source tables; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; National Science Foundation, Science and Engineering Indicators.; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; x; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; World Investment Report 2001, United Nations Conference on Trade and Development (UNCTAD); International Monetary Fund, Government Finance Statistics Yearbook and data files.; World Bank. 2002. Correspondence on GDP per capita annual growth rates. March. Washington, DC; International Trade Centre UNCTAD/WTO; Wikipedia: List of countries by external debt

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