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Economy Stats: compare key data on Belgium & United States

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.
  • Debt > Government debt > Public debt, share of GDP: Public debt as % of GDP (CIA).

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

  • 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.
  • 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 > 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).
  • Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
  • Population below poverty line: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations.
  • Public debt: This entry records the cumulatiive total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
  • Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
  • 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.
  • 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.
  • Distribution of family income > Gini index: This index measures the degree of inequality in the distribution of family income in a country. The index is calculated from the Lorenz curve, in which cumulative family income is plotted against the number of families arranged from the poorest to the ric
  • 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.
  • 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$, period average). Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • Inequality > GINI index: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality."
  • Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Gross National Income per capita: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop). Figures expressed per capita for the same year.
  • Tax > Highest marginal tax rate > Individual rate: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals.
  • Technology index: The technology index denotes the country's technological readiness. This index is created with such indicators as companies spending on R&D, the creativity of its scientific community, personal computer and internet penetration rates.
  • Development > Human Development Index: Human Development Index trends, 1980-2012.
  • Population below poverty line > Per capita: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Per capita figures expressed per 1 million population.
  • 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.
  • Poverty and inequality > Richest quintile to poorest quintile ratio: The ratio of average income of the richest 20% of the population to the average income of the poorest 20% of the population.
  • 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
  • GINI index: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.
  • 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$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars."
  • Tax > Tax rates: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
  • GDP per person: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
  • Exports > Main exports: Country main exports.
  • Budget > Revenues per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Debt > External: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services.
  • Gross domestic savings > Current US$ 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
  • New businesses registered > Number > Per capita: New businesses registered are the number of new firms, defined as firms registered in the current year of reporting." Per capita figures expressed per 1,000 population.
  • 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.
  • GDP in 1970: Gross domestic product GDP by exchange rate billion US dollar in 1970.
  • Micro > Small and medium enterprises > Number > Per capita: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Per capita figures expressed per 1,000 population.
  • 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.
  • Companies > Listed domestic companies, total: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles.
  • 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.
  • Business > Companies > Corporate governance (overall rating): Overall rating of each country's adherence to the corporate governance guidelines set forth in three prominent economical essays. The ratings are out of 10, with 10 meaning full adherence.
  • 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.
  • 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.
  • Gross national saving: Gross national saving is derived by deducting final consumption expenditure (household plus government) from Gross national disposable income, and consists of personal saving, plus business saving (the sum of the capital consumption allowance and retained business profits), plus government saving (the excess of tax revenues over expenditures), but excludes foreign saving (the excess of imports of goods and services over exports). The figures are presented as a percent of GDP. A negative number indicates that the economy as a whole is spending more income than it produces, thus drawing down national wealth (dissaving).
  • 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.
  • Companies > Market capitalization of listed companies > Current US$ per capita: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Market capitalization of listed companies > Current US$ per capita: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • 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.
  • Size of economy > Share of world GDP : Percent of world GDP (exchange rates).

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  • 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 $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars.
  • Investment > Gross fixed: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.
  • Income receipts > BoP > Current US$ 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.
  • Tax > Highest marginal tax rate > Corporate rate: Highest marginal tax rate (corporate rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of corporations.
  • GDP > 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.
  • 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.
  • Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Government spending: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2000 U.S. dollars."
  • Net current transfers from abroad > Constant LCU: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.
  • Foreign direct investment > Net inflows > BoP > Current US$ 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$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Net barter terms of trade: Net barter terms of trade are the ratio of the export price index to the corresponding import price index measured relative to the base year 2000.
    2000 = 100
  • Tax > Tax payments > Number: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.
  • Tax > Components of taxation > Personal income tax: Personal Income tax as a percentage of total tax collected by the country. Data is for 2002.
  • Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
  • Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 million $ gross domestic product.
  • Gross domestic savings: 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."
  • Investment > External financial assets per capita: Financial assets in 2013 EUR billions. Figures expressed per capita for the same year.
  • 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.
  • Inequality > Gini coefficient > Level: Income is defined as household disposable income in a particular year. It consists of earnings, self-employment and capital income and public cash transfers; income taxes and social security contributions paid by households are deducted. The income of the household is attributed to each of its members, with an adjustment to reflect differences in needs for households of different sizes (i.e. the needs of a household composed of four people are assumed to be twice as large as those of a person living alone).

    Income inequality among individuals is measured here by five indicators. The Gini Coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive, and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality. The mean log deviation is the average value of the logarithm of the ratio of mean income to the income of each decile. The squared coefficient of variation is the variance of average income of each decile, divided by the square of the average income of the entire population. The P90/P10 ratio is the ratio of the upper bound value of the ninth decile (i.e. the 10% of people with highest income) to that of the first. The P50/P10 ratio is the ratio of median income to the upper bound value of the first decile. The mean log deviation and inter-decile ratios have a lower value of 1 and no upper bound, while the squared coefficient of variation has a lower bound of 0 and upper bound of infinity.
  • Tax > Total tax wedge > Single worker: The percentage of gross earnings given up in tax, including any social security contributions. Calculated for a single worker without children, earning 100 % of the average wage. Data for 2001, and only for selected OECD countries.
  • Poverty > Poverty by individual and household characteristics > Poverty rate > Children: Group-specific poverty rates are headcounts of how many people of a population group fall below the poverty line, in percentage of the total number in that population group. The poverty line used here is 50% of the median household disposable income, adjusted for household size. Children are persons with less than 18 years of age, working-age people are persons between age 18 and 65 and adults are persons aged 18 and over. A worker is an adult with a non-zero annual earning or self-employment income. In addition to poverty rates, indicators show here include the poverty risk (i.e. the age-specific poverty rate divided by the poverty rate for the entire population, times 100) and the share of various population groups that are counted as poor.

    Income is defined as household disposable income in a particular year. It consists of earnings, self-employment and capital income and public cash transfers; income taxes and social security contributions paid by households are deducted. The income of the household is attributed to each of its members, with an adjustment to reflect differences in needs for households of different sizes (i.e. the needs of a household composed of four people are assumed to be twice as large as those of a person living alone).
  • IKEA > First store opening year: Date the first IKEA store, a home products retail chain, was opened in different countries.
  • 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.
  • Productivity > GDP per hour worked: Figures for 2005. The Conference Board, Labor Productivity and Per Capita Income Levels and the Effects of Working Hours and Labor Utilization, 2009.
  • 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$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Tax > Highest marginal tax rate > Individual > On income exceeding > US$: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals. This series presents the income levels for individuals above which the highest marginal tax rates levied at the national level apply.
  • 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.
  • Micro > Small and medium enterprises > Number: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees.
  • 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
    .
  • Poverty and inequality > Income inequality 1993-2011: Income inequality 1993-2011 (latest available).
  • 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.
  • Innovation > Patent applications, residents per million: Patent applications, residents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years. Figures expressed per million population for the same year.
  • Tax > Taxes on income, profits and capital gains > Current LCU: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Debt > 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.
  • Debt > Government debt > Net government debt, share of GDP: Net government debt as % of GDP (IMF).
  • 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.
  • Economic aid > Donor: The net official development assistance (ODA) from Organization for Economic Cooperation and Development (OECD) nations to developing countries and multilateral organizations. ODA is defined as financial assistance that is concessional in character, has the main objective to promote economic development and welfare of the less developed countries (LDCs), and contains a grant element of at least 25%. The entry does not cover other official flows (OOF) or private flows.
  • 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.
  • Poverty and inequality > Poorest's share in national income or consumption: Percentage of country's total income or consumption that belongs to the poorest 5% of its citizens.
  • Investment > External financial assets: Gross financial assets privately owned by residents of the country, mainly in the form of bank deposits, insurances and securities, in EUR.
  • Debt > 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.
  • Taxes > Total tax revenue > Total tax revenue: Taxes are defined as compulsory, unrequited payments to general government. They are unrequited in the sense that benefits provided by government to taxpayers are not normally in proportion to their payments.

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

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

    Note that the sum of taxes on goods and services and taxes on income and profits is less than the figure for total tax revenues, which also includes payments by employers and employees made under compulsory social security schemes as well as payroll taxes, taxes related to the ownership and transfer of property, and other taxes.
  • GDP > PPP per capita: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004. Figures expressed per capita for the same year.
  • GDP in 1970 per million: Gross domestic product GDP by exchange rate billion US dollar in 1970. Figures expressed per million population 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.
  • Development > Human Development Index > Inequality adjusted: Inequality-adjusted Human Development Index.
  • Market capitalization of listed companies > Current US$: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars.
  • Companies > Listed domestic companies, total per million: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles. Figures expressed per million population for the same year.
  • Tax > GDP > Current US$ 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.
  • 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 $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • World trade > Exports: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars."
  • Bank capital to assets ratio: Bank capital to assets is the ratio of bank capital and reserves to total assets. Capital and reserves include funds contributed by owners, retained earnings, general and special reserves, provisions, and valuation adjustments. Capital includes tier 1 capital (paid-up shares and common stock), which is a common feature in all countries' banking systems, and total regulatory capital, which includes several specified types of subordinated debt instruments that need not be repaid if the funds are required to maintain minimum capital levels (these comprise tier 2 and tier 3 capital). Total assets include all nonfinancial and financial assets.
  • Companies > Stock market > Stocks traded, total value > Current US$ per capita: Stocks traded, total value (current US$). Stocks traded refers to the total value of shares traded during the period. Figures expressed per capita for the same year.
  • Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
  • Industrial > Production growth rate: The annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Tax > Taxes on income, profits and capital gains > Current LCU per capita: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Figures expressed per capita for the same year.
  • Spending > Household final consumption expenditure per capita > Constant 2000 US$: 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.
  • 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.
  • Income > GDP per capita, PPP > Current international $: GDP per capita, PPP (current international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Technological achievement: Technology Achievement Index
    Units: Score
  • Business > Companies > Specific companies > IKEA > Debut: The year in which the first IKEA opened in each country. The first IKEA opened in Sweden in 1958.
  • Currency > Real effective exchange rate index > 2005 = 100: Real effective exchange rate index (2005 = 100). Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
  • Net domestic credit > Current LCU: Net domestic credit is the sum of net credit to the nonfinancial public sector, credit to the private sector, and other accounts. Data are in current local currency.
  • International tourism > Receipts > Current US$ 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."
  • Companies > Market capitalization of listed companies > Current US$: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars.
  • Current account balance > BoP > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars.
  • Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Currency > Real effective exchange rate index: Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
    2000 = 100
  • Currency > Official exchange rate > LCU per US$ > 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 $). Total health expenditure is the sum of public and private health expenditures as a ratio of total population. It covers the provision of health services (preventive and curative), family planning activities, nutrition activities, and emergency aid designated for health but does not include provision of water and sanitation. Data are in international dollars converted using 2005 purchasing power parity (PPP) rates.
  • Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita: Total amount of money spent by nation's consumers, or households. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. Also included are taxes and money spent by citizens while abroad. . Figures expressed per capita for the same year.
  • Spending > Household final consumption expenditure > Current US$ 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.
  • 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.
  • 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.
  • Trade > Export value index: Export values are from UNCTAD's value indexes or from current values of merchandise exports.
    2000 = 100
  • 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.
  • Innovation: Innovation
    Units: Unitless Scale
  • 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.
  • Market capitalization of listed companies > Current US$ > Per $ GDP: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • 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.
  • 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.
  • 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.
  • Gross Domestic Product > GDP > Size of GDP > GDP per capita: What does gross domestic product mean? "Gross" signifies that no deduction has been made for the depreciation of machinery, buildings and other capital products used in production. "Domestic" means that it is production by the resident institutional units of the country. As many products are used to produce other products it is necessary to define production in terms of value added.

    GDP can be measured in three different ways: as output less intermediate consumption (i.e. value added) plus taxes less subsidies on products (such as VAT); as the income earned from production by summing employee compensation, the gross operating surplus of enterprises and government, the gross mixed income of unincorporated enterprises and net taxes on production and imports (VAT, payroll tax, import duties, etc, less subsidies); or as the expenditure on the goods and services produced by summing final consumption expenditures, gross fixed capital formation, changes in inventories and exports less imports.
  • 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 $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Public expenditure > Social expenditure > Public social expenditure: Public social expenditure comprises cash benefits, direct "in-kind” provision of goods and services, and tax breaks with social purposes. To be considered "social”, benefits have to address one or more social goals. Benefits may be targeted at low-income households, but they may also be for the elderly, disabled, sick, unemployed, or young persons. Programmes regulating the provision of social benefits have to involve: a) redistribution of resources across households, or b) compulsory participation. Social benefits are regarded as public when general government (that is central, state, and local governments, including social security funds) controls relevant financial flows. The expenditures shown here refer only to public social benefits and exclude similar benefits provided by private charities.
  • Gross national expenditure > Constant 2000 US$ per capita: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2000 U.S. dollars. Figures expressed per capita for the same year.
  • 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.
  • Government > Revenue > Tax > Overall tax burden: Burden.

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

  • 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.
  • 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.
  • 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.
  • Poverty and inequality > Inequality adjusted income index: Inequality-adjusted Human Development Index.
  • Trade > Export growth: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
  • Welfare > Social contributions > Current LCU: Social contributions (current LCU). Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.
  • Welfare > 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.
  • Business efficiency: Based upon a business efficiency index where '100' represents the highest level of business efficiency.
  • Trade > Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • GDP > Median household income (PPP): Median Household Income $PPP.
  • Debt > Government debt > Net government debt, share of GDP per million people: Net government debt as % of GDP (IMF). Figures expressed per million people for the same year.
  • Household final > Consumption expenditure per capita > Constant 2000 US$: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars.
  • Public institution index: Public institution index indicates the state of the country's public institutions.
  • 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 > 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.
  • 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.
  • 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.
  • Aid > Untied given per million people: ODA that is untied, million US$. Figures expressed per million people for the same year.
  • Taxes and other revenues: This entry records total taxes and other revenues received by the national government during the time period indicated, expressed as a percent of GDP. Taxes include personal and corporate income taxes, value added taxes, excise taxes, and tariffs. Other revenues include social contributions - such as payments for social security and hospital insurance - grants, and net revenues from public enterprises. Normalizing the data, by dividing total revenues by GDP, enables easy comparisons across countries, and provides an average rate at which all income (GDP) is paid to the national level government for the supply of public goods and services.
  • Patents granted: Patents granted to residents per million people 1998.
  • Balance of payments > Financial > Reserves: Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. These include changes in holdings of monetary gold, SDRs, foreign exchange assets, reserve position in the International Monetary Fund, and other claims on nonresidents that are available to the central authority. The measure is net of liabilities constituting foreign authorities' reserves, and counterpart items for valuation changes and exceptional financing items. Data are in current U.S. dollars."
  • Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
  • Balance of payments > Current account > Balances > Current account balance > Current US$: 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.
  • New businesses registered > Number: New businesses registered are the number of new firms, defined as firms registered in the current year of reporting."
  • 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$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Tax > GDP > Current US$: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Currency > GDP > Constant 2000 US$ per capita: GDP (constant 2000 US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Net trade in goods and services > BoP > Current US$: 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$: Portfolio investment excluding liabilities constituting foreign authorities' reserves covers transactions in equity securities and debt securities. Data are in current U.S. dollars.
  • Net capital account > BoP > Current US$: 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.
  • 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
  • Economic growth > Evolution of GDP > Real GDP growth: In order to calculate the growth rate of GDP free of the direct effects of inflation, data at fixed, or constant, prices should be used. Price relativities change over time, and the 1993 System of National Accounts recommends that the fixed prices used should be representative of the periods for which the growth rates are calculated, which means that new fixed prices should be introduced frequently, typically every year. The growth rates of GDP between successive periods are linked together to form chain volume indices. All OECD countries derive their "volume" estimates in this way, except for Korea, and Mexico.. These two like many non-OECD countries, only revise their fixed weights every five or ten years. Such practices tend to lead to biased growth rates, usually upward.

    The growth rates for OECD total are averages of the growth rates of individual countries weighted by the relative size of each country’s GDP in US dollars. Conversion to US dollars is done using purchasing power parities so that each country is weighted by the relative size of its real GDP.
  • Trade > Exports > By good > Chocolate cocoa preparations: Exports of Chocolate/cocoa preparations, by country, in thousands USD
  • Taxes > Taxes on the average worker > Taxes on the average worker: The taxes included in the measure are personal income taxes, employees’ social security contributions and employers’ social security contributions. For the few countries that have them, it also includes payroll taxes. The amount of these taxes paid in relation to the employment of one average worker is expressed as a percentage of their labour cost (gross wage plus employers’ social security contributions and payroll tax).

    An average worker is defined as somebody who earns the average income of full-time workers of the country concerned in sectors C-K of the International Standard Industrial Classification (ISIC). The average worker is single, meaning that he or she does not receive any tax relief in respect of a spouse, unmarried partner or child.
  • Steel > Production: Production of crude steel in million tonnes.
  • 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.
  • Trade > Exports > By good > Passenger cars etc: Exports of Passenger cars etc, by country, in thousands USD
  • GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Investment > Foreign investment > Commitment to Development Index (investment): This is a sub-index of the Commitment to Development Index (CDI), which ranks rich countries’ policies is terms of how beneficial they are to the world’s five billion poorest people. The investment sub-index ranks the support each country provides for foreign direct investment (FDI) in developing countries, such as insurance schemes, guarantees and tax treaties. For further information, please refer to cgdev.org/cdi
  • High-technology > Exports > Current US$: 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.
  • Overall productivity > PPP: Estimates: GDP (PPP) per person employed, US$
  • Final > Consumption expenditure > Etc. > Current US$: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • Gross National Income > Constant LCU: Gross national income is derived as the sum of GNP and the terms of trade adjustment. Data are in constant local currency.
  • GDP > Constant 2000 US$ > Per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Per capita figures expressed per 1 population.
  • 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.
  • GDP per unit of energy use: GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2000 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.
  • 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."
  • Researchers in RandD > Per million people: Researchers in R&D are professionals engaged in the conception or creation of new knowledge, products, processes, methods, or systems and in the management of the projects concerned. Postgraduate PhD students (ISCED97 level 6) engaged in R&D are included.
  • 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.
  • 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.
  • Tax > Components of taxation > Property tax: Property tax as a percentage of total tax collected by the country. Data is for 2000.
  • Intellectual property > Patents granted: No. of Patents Granted.
  • 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.
  • Stocks traded > Total value > Current US$: Stocks traded refers to the total value of shares traded during the period.
  • 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
    .
  • Trade > Exports > Goods and services: Exports of goods and services as a % of GDP, 2000
  • 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.
  • Foreign direct investment > Net > BoP > Current US$: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars.
  • Trade > Imports > Goods and services > BoP > Current US$ > 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.
  • Economic importance: Globalpolicy.org
  • 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.
  • Economic aid > Donor per capita: The net official development assistance (ODA) from Organization for Economic Cooperation and Development (OECD) nations to developing countries and multilateral organizations. ODA is defined as financial assistance that is concessional in character, has the main objective to promote economic development and welfare of the less developed countries (LDCs), and contains a grant element of at least 25%. The entry does not cover other official flows (OOF) or private flows. Figures expressed per capita for the same year.
  • 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.
  • Spending > Household final consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (constant 2000 US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Savings > Gross domestic savings > Current US$: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • World Bank exchange rate: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar."
  • Balance of payments > Current account > Balances > Net trade in goods > US$: 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.
  • GDP growth > Duration 1980-2000: Gross domestic product GDP growth rate from 1980 to 2000
  • 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.
  • Household final > Consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars. 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.
  • Patent applications > Residents: Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years."
  • 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 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.
  • Income > GNI, PPP > Constant 2005 international $: GNI, PPP (constant 2005 international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
  • International tourism > Receipts > Current US$: 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.
  • Innovation > Patent applications, residents: Patent applications, residents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years.
  • Innovation > Patent applications, nonresidents per million: Patent applications, nonresidents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years. Figures expressed per million population 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."
  • Trade > Imports > By good > Silver platinum etc: Imports of Silver/platinum etc, by country, in thousands USD
  • 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.
  • Micro > Small and medium enterprises > Number per 1000: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Figures expressed per thousand population for the same year.
  • Tax > Taxes on income > Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Tax > Social security contributions: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
  • Tax > Components of taxation > Social security > Employees contribution: Tax on employee's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
  • Oil > Imports: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
  • 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.
  • 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.
  • 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.
  • Gross Domestic Product > GDP > Size of GDP > Gross domestic product per million: What does gross domestic product mean? "Gross" signifies that no deduction has been made for the depreciation of machinery, buildings and other capital products used in production. "Domestic" means that it is production by the resident institutional units of the country. As many products are used to produce other products it is necessary to define production in terms of value added.

    GDP can be measured in three different ways: as output less intermediate consumption (i.e. value added) plus taxes less subsidies on products (such as VAT); as the income earned from production by summing employee compensation, the gross operating surplus of enterprises and government, the gross mixed income of unincorporated enterprises and net taxes on production and imports (VAT, payroll tax, import duties, etc, less subsidies); or as the expenditure on the goods and services produced by summing final consumption expenditures, gross fixed capital formation, changes in inventories and exports less imports. Figures expressed per million population 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 > Exports > Goods and services > Constant 2000 US$: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars.
  • Household final > Consumption expenditure > Current US$ > 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.
  • Household final > Consumption expenditure > Current US$: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
  • Services > Etc. > Value added > Constant 2000 US$: 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.
  • 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.
  • Gross national expenditure > Constant 2000 US$: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2000 U.S. dollars.
  • Household final > Consumption expenditure > Etc. > Constant 2000 US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars. Figures expressed per capita for the same year.
  • Research and development spending: Research and development (R&D) expenditures for most recent year available between 1990 and 2000.
  • Aid > Untied given: ODA that is untied, million US$.
  • Tax > Time to prepare and pay taxes > Hours: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions."
  • Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$: 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."
  • 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.
  • Intellectual property > Patent applications: No. of Patent Applications.
  • 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.
  • 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.
  • 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 > 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 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 > 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.
  • Micro > Small and medium enterprises > Per 1,000 people: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees.
  • Tourism > International tourism, number of departures: International tourism, number of departures. International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited. The data on outbound tourists refer to the number of departures, not to the number of people traveling. Thus a person who makes several trips from a country during a given period is counted each time as a new departure.
  • Tourism > International tourism, receipts for travel items > Current US$ per capita: International tourism, receipts for travel items (current US$). International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tourism > International tourism, expenditures > Current US$: 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.
  • Public expenditure > Health expenditure > Total expenditure on health: Total expenditure on health measures the final consumption of health goods and services (i.e. current health expenditure) plus capital investment in health care infrastructure. This includes spending by both public and private sources (including households) on medical services and goods, public health and prevention programmes and administration. Excluded are health-related expenditures such as training, research and environmental health.
  • 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.
  • Economic growth > Inflation > GDP deflator: The GDP deflator is an implicit, not an explicit deflator. It is derived by dividing an index of GDP measured in current prices by a chain volume index of GDP (see Evolution of GDP), both, typically. derived using the expenditure approach (see Size of GDP). It is therefore a weighted average of the price indices of:

    goods and services consumed by households;

    expenditure by government on goods, services and salaries;

    fixed capital assets;

    changes in inventories;

    exports of goods and services;

    imports of goods and services (minus).

    While the CPI measures the price changes of goods and services consumed by households, the GDP deflator measures the price changes of goods and services produced by a country, including exports, and also includes a component to reflect price changes in imports. Hence, the treatment of exports and imports merits special attention. The GDP deflator will go up, indicating more inflation, if the prices of exports rise but although higher inflation is usually thought of as a bad thing, it may actually be beneficial to a country if the prices of its exports rise, since it is non-residents who pay the higher prices; although this may be coupled with a fall in the value of the country’s currency. Conversely, price rises in imports will reduce the GDP deflator, although, following the same reasoning this may not necessarily be a good thing for residents.
  • Gross Domestic Product > GDP > Size of GDP > Gross domestic product: What does gross domestic product mean? "Gross" signifies that no deduction has been made for the depreciation of machinery, buildings and other capital products used in production. "Domestic" means that it is production by the resident institutional units of the country. As many products are used to produce other products it is necessary to define production in terms of value added.

    GDP can be measured in three different ways: as output less intermediate consumption (i.e. value added) plus taxes less subsidies on products (such as VAT); as the income earned from production by summing employee compensation, the gross operating surplus of enterprises and government, the gross mixed income of unincorporated enterprises and net taxes on production and imports (VAT, payroll tax, import duties, etc, less subsidies); or as the expenditure on the goods and services produced by summing final consumption expenditures, gross fixed capital formation, changes in inventories and exports less imports.
  • 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
  • Trade > Tariffs > Binding coverage > All products: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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)."
  • 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."
  • Trade > Exports > By good > Perfume toilet cosmetics: Exports of Perfume/toilet/cosmetics, by country, in thousands USD
STAT Belgium United States HISTORY
Budget > Revenues $246.60 billion
Ranked 19th.
$2.45 trillion
Ranked 1st. 10 times more than Belgium

Budget surplus > + or deficit > - -4.2% of GDP
Ranked 125th.
-6.8% of GDP
Ranked 157th. 62% more than Belgium

Debt > Government debt > Public debt, share of GDP 99.6 CIA
Ranked 15th. 37% more than United States
72.5 CIA
Ranked 35th.
Overview This modern, open, and private-enterprise-based economy has capitalized on its central geographic location, highly developed transport network, and diversified industrial and commercial base. Industry is concentrated mainly in the more heavily-populated region of Flanders in the north. With few natural resources, Belgium imports substantial quantities of raw materials and exports a large volume of manufactures, making its economy vulnerable to volatility in world markets. Roughly three-quarters of Belgium's trade is with other EU countries, and Belgium has benefited most from its proximity to Germany. In 2011 Belgian GDP grew by 1.8%, the unemployment rate decreased slightly to 7.2% from 8.3% the previous year, and the government reduced the budget deficit from a peak of 6% of GDP in 2009 to 4.2% in 2011 and 3.3% in 2012. Fourth quarter GDP growth in 2012 was at -0.1%, the third consecutive quarter of negative growth. This brought economic growth for the whole of 2012 to negative 0.2%. It also left Belgium on the brink of a possible recession at the end of 2012. However, at year's end, the government appeared close to meeting its 2012 budget deficit goal of 3% of GDP. Despite the relative improvement in Belgium's budget deficit, public debt hovers around 100% of GDP, a factor that has contributed to investor perceptions that the country is increasingly vulnerable to spillover from the euro-zone crisis. Belgian banks were severely affected by the international financial crisis in 2008 with three major banks receiving capital injections from the government, and the nationalization of the Belgian retail arm of a Franco-Belgian bank. The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $49,800. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to enter their rivals' home markets than foreign firms face entering US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II. The onrush of technology largely explains the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income. Imported oil accounts for nearly 55% of US consumption. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the United States into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, in October 2008 the US Congress established a $700 billion Troubled Asset Relief Program (TARP). The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009 the US Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012 the federal government reduced the growth of spending and the deficit shrank to 7.6% of GDP. Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2011, the direct costs of the wars totaled nearly $900 billion, according to US government figures. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries. In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million American citizens by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on health care - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010. In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight. In December 2012, the Federal Reserve Board announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short term rates near zero until unemployment drops to 6.5% from the December rate of 7.8%, or until inflation rises above 2.5%. Long-term problems include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits - including significant budget shortages for state governments.
Exports $302.40 billion
Ranked 18th.
$1.56 trillion
Ranked 2nd. 5 times more than Belgium

GDP $483.71 billion
Ranked 25th.
$15.68 trillion
Ranked 2nd. 32 times more than Belgium

GDP > Per capita $36,229.00 per capita
Ranked 19th.
$45,759.46 per capita
Ranked 8th. 26% more than Belgium

GDP > Per capita > PPP $37,500.00
Ranked 19th.
$51,700.00
Ranked 6th. 38% more than Belgium

GDP > Purchasing power parity per capita $36,427.60
Ranked 17th.
$47,587.30
Ranked 7th. 31% more than Belgium

GDP per capita $43,412.53
Ranked 16th.
$49,965.27
Ranked 10th. 15% more than Belgium

Gross National Income $245.00 billion
Ranked 18th.
$9.78 trillion
Ranked 1st. 40 times more than Belgium
Inflation rate > Consumer prices 2.6%
Ranked 134th. 24% more than United States
2.1%
Ranked 160th.

Population below poverty line 15.2%
Ranked 15th. 1% more than United States
15.1%
Ranked 34th.

Public debt 99.6% of GDP
Ranked 15th. 42% more than United States
70% of GDP
Ranked 37th.

Unemployment rate 7.6%
Ranked 55th.
8.1%
Ranked 47th. 7% more than Belgium

GDP > Composition, by sector of origin > Services 76.9%
Ranked 22nd.
79.7%
Ranked 14th. 4% more than Belgium
Exports per capita $27,140.17
Ranked 10th. 5 times more than United States
$4,972.70
Ranked 50th.

Distribution of family income > Gini index 28
Ranked 36th.
45
Ranked 9th. 61% more than Belgium

Human Development Index 0.945
Ranked 9th. About the same as United States
0.944
Ranked 10th.
Tourist arrivals > Per capita 688.68 per 1,000 people
Ranked 46th. 4 times more than United States
190.7 per 1,000 people
Ranked 91st.

GDP > Purchasing power parity $415.60 billion
Ranked 32nd.
$16.24 trillion
Ranked 1st. 39 times more than Belgium

Currency > PPP conversion factor to official exchange rate ratio 1.1
Ranked 16th. 10% more than United States
1
Ranked 24th.

Fiscal year calendar year 1
GDP > Composition by sector > Industry 22.3%
Ranked 139th. 17% more than United States
19.1%
Ranked 160th.

Currency > Official exchange rate > LCU per US$, period average $36.30
Ranked 74th. 36 times more than United States
$1.00
Ranked 147th.

Inequality > GINI index 32.97
Ranked 26th.
40.81
Ranked 16th. 24% more than Belgium
Imports per capita $27,920.99
Ranked 6th. 4 times more than United States
$7,336.40
Ranked 47th.

Gross National Income per capita $23,817.46
Ranked 12th.
$34,319.53
Ranked 5th. 44% more than Belgium
Tax > Highest marginal tax rate > Individual rate 50%
Ranked 5th. 43% more than United States
35%
Ranked 35th.

GDP per capita in 1950 $5,346.00
Ranked 10th.
$9,573.00
Ranked 1st. 79% more than Belgium
Technology index 4.59
Ranked 30th.
6.24
Ranked 1st. 36% more than Belgium
Development > Human Development Index 0.897
Ranked 17th.
0.937
Ranked 3rd. 4% more than Belgium

Population below poverty line > Per capita 1.46% per 1 million people
Ranked 12th. 36 times more than United States
0.041% per 1 million people
Ranked 44th.

GDP > Per capita > PPP per thousand people $3.37
Ranked 65th. 20 times more than United States
$0.16
Ranked 139th.

Exports > Commodities machinery and equipment, chemicals, finished diamonds, metals and metal products, foodstuffs agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0%
Poverty and inequality > Richest quintile to poorest quintile ratio 4.9
Ranked 15th.
8.4
Ranked 3rd. 71% more than Belgium
Imports $311.10 billion
Ranked 17th.
$2.30 trillion
Ranked 1st. 7 times more than Belgium

Budget > Expenditures $266.50 billion
Ranked 16th.
$3.54 trillion
Ranked 1st. 13 times more than Belgium

GINI index 32.97
Ranked 28th.
40.81
Ranked 16th. 24% more than Belgium
Reserves of foreign exchange and gold per capita $1,553.78
Ranked 38th. 7 times more than United States
$234.27
Ranked 105th.

Debt > Net foreign assets > Current LCU 137.3 billion
Ranked 82nd.
-125,482,689,271
Ranked 162nd.

Tourist arrivals 7.17 million
Ranked 30th.
57.94 million
Ranked 3rd. 8 times more than Belgium

Budget > Revenues > Per capita $21,179.29 per capita
Ranked 13th. 2 times more than United States
$8,527.60 per capita
Ranked 29th.

Inbound tourism income > Current US$ $13.06 billion
Ranked 23th.
$166.53 billion
Ranked 2nd. 13 times more than Belgium

Tax > Tax rates 41.16
Ranked 9th. 3 times more than United States
15.91
Ranked 3rd.

GDP per person 43,671.48
Ranked 13th.
45,989.18
Ranked 9th. 5% more than Belgium

Exports > Main exports Machinery and electrical equipment, chemicals, vehicles, metals, diamonds Computers and electrical machinery, vehicles, chemical products, food and live animals, military equipment and aircraft
Budget > Revenues per capita $20,246.73
Ranked 9th. 3 times more than United States
$6,763.09
Ranked 33th.

Debt > External $1.42 trillion
Ranked 13th.
$15.93 trillion
Ranked 1st. 11 times more than Belgium

Gross domestic savings > Current US$ per capita 8,393.19$
Ranked 13th. 52% more than United States
5,533.71$
Ranked 25th.

Central bank discount rate 1.5%
Ranked 41st. 3 times more than United States
0.5%
Ranked 122nd.

Debt > External > Per capita $126,344.44 per capita
Ranked 5th. 3 times more than United States
$40,678.76 per capita
Ranked 12th.

GDP > Composition by sector > Services 77%
Ranked 21st.
79.7%
Ranked 15th. 4% more than Belgium

Tax > GDP > Constant LCU 327.16 billion
Ranked 96th.
14.23 trillion
Ranked 18th. 44 times more than Belgium

Tourism > International tourism, number of arrivals per capita 0.678
Ranked 61st. 3 times more than United States
0.201
Ranked 98th.

International tourism > Receipts > Current US$ > Per $ GDP 29.34$ per $1,000 of GDP
Ranked 64th. 3 times more than United States
9.9$ per $1,000 of GDP
Ranked 97th.

Consumer spending 52.42
Ranked 105th.
71.37
Ranked 53th. 36% more than Belgium

Consumer price index 111.04%
Ranked 122nd.
113.41%
Ranked 105th. 2% more than Belgium

GDP > Composition by sector > Agriculture 0.7%
Ranked 202nd.
1.2%
Ranked 191st. 71% more than Belgium

GDP per capita > PPP > Current international $ 32,118.99 PPP $
Ranked 16th.
41,889.57 PPP $
Ranked 2nd. 30% more than Belgium

Industries engineering and metal products, motor vehicle assembly, transportation equipment, scientific instruments, processed food and beverages, chemicals, basic metals, textiles, glass, petroleum highly diversified, world leading, high-technology innovator, second largest industrial output in world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining
GDP > Composition, by end use > Imports of goods and services -83.6%
Ranked 161st. 5 times more than United States
-16.9%
Ranked 4th.
GDP per capita in 1973 $11,905.00
Ranked 11th.
$16,607.00
Ranked 2nd. 39% more than Belgium
New businesses registered > Number > Per capita 2.67 per 1,000 people
Ranked 18th. 17% more than United States
2.28 per 1,000 people
Ranked 26th.

GDP per capita > Constant LCU 25828.35 37267.33
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $-38,859,591,668.53
Ranked 176th.
$134.71 billion
Ranked 3rd.

Labor force 5
Ranked 145th.
155
Ranked 39th. 31 times more than Belgium

GDP per capita in 1900 $3,652.00
Ranked 4th.
$4,096.00
Ranked 3rd. 12% more than Belgium
GDP > Real growth rate -0.3%
Ranked 158th.
2.8%
Ranked 106th.

Debt > Government debt > Gross government debt, share of GDP 99.6 IMF
Ranked 13th.
106.53 IMF
Ranked 11th. 7% more than Belgium
Debt > Central government debt, total > Current LCU 336.57 billion
Ranked 34th.
12.26 trillion
Ranked 8th. 36 times more than Belgium

International tourism > Number of arrivals 6.75 million
Ranked 27th.
49.21 million
Ranked 3rd. 7 times more than Belgium

Economic growth > Per capita -3.47
Ranked 110th. The same as United States
-3.47
Ranked 111th.

Foreign direct investment > Net > BoP > Current US$ per capita 179.01 BoP $
Ranked 37th.
340.7 BoP $
Ranked 23th. 90% more than Belgium

GDP per capita > Constant 2000 US$ 23,796.15 constant 2000 US$
Ranked 18th.
37,267.33 constant 2000 US$
Ranked 4th. 57% more than Belgium

GDP in 1970 $25.60
Ranked 13th.
$1,025.50
Ranked 1st. 40 times more than Belgium
Micro > Small and medium enterprises > Number > Per capita 66.17 per 1,000 people
Ranked 4th. 3 times more than United States
19.98 per 1,000 people
Ranked 19th.
Economic freedom 69.2
Ranked 40th.
76
Ranked 10th. 10% more than Belgium

GDP > Official exchange rate per capita $42,338.25
Ranked 15th.
$47,264.02
Ranked 8th. 12% more than Belgium

Stock of direct foreign investment > At home $1.16 trillion
Ranked 6th.
$2.65 trillion
Ranked 1st. 2 times more than Belgium

Current account balance $-6,650,000,000.00
Ranked 156th.
$-440,400,000,000.00
Ranked 180th. 66 times more than Belgium

Agriculture > Products sugar beets, fresh vegetables, fruits, grain, tobacco; beef, veal, pork, milk wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products
Trade > Imports per capita $25,854.51
Ranked 5th. 4 times more than United States
$6,152.08
Ranked 42nd.

Currency euro US dollar
Current account balance > BoP > Current US$ per capita 890.21 BoP $
Ranked 18th.
-2,678.39 BoP $
Ranked 134th.

GNI per capita $45,930.00
Ranked 14th.
$48,620.00
Ranked 11th. 6% more than Belgium
GDP > Purchasing power parity > Per capita $36,229.00 per capita
Ranked 19th.
$45,759.46 per capita
Ranked 8th. 26% more than Belgium

Companies > Listed domestic companies, total 154
Ranked 49th.
4,102
Ranked 3rd. 27 times more than Belgium

Trade > Exports per capita $25,625.06
Ranked 9th. 6 times more than United States
$4,105.70
Ranked 46th.

Business > Companies > Corporate governance (overall rating) 4.35
Ranked 21st.
7.16
Ranked 4th. 65% more than Belgium
Current account balance per capita 0.0
Ranked 69th.
0.0
Ranked 79th.

Tourism > International tourism, number of arrivals 7.49 million
Ranked 35th.
62.71 million
Ranked 3rd. 8 times more than Belgium

Gross national saving 19.6% of GDP
Ranked 76th. 57% more than United States
12.5% of GDP
Ranked 118th.

Tax > GDP > Constant LCU per capita 29,362.23
Ranked 99th.
45,335.9
Ranked 81st. 54% more than Belgium

Retail > Gross value added by wholesale, retail trade, restaurants and hotels 60.95 billion
Ranked 25th.
2.36 trillion
Ranked 1st. 39 times more than Belgium

Companies > Market capitalization of listed companies > Current US$ per capita $26,929.99
Ranked 18th.
$59,469.57
Ranked 6th. 2 times more than Belgium

Market capitalization of listed companies > Current US$ per capita 31,212.59$
Ranked 20th.
57,519.54$
Ranked 6th. 84% more than Belgium

Household final > Consumption expenditure > Current US$ per capita 18,834.38$
Ranked 11th.
28,053.8$
Ranked 3rd. 49% more than Belgium

Budget > Expenditures per capita $22,265.90
Ranked 8th. 2 times more than United States
$10,981.93
Ranked 24th.

Reserves > Total reserves > Includes gold, current US$ $30.77 billion
Ranked 48th.
$574.27 billion
Ranked 4th. 19 times more than Belgium

Stock of broad money None None
Exchange rates euros (EUR) per US dollar -<br />0.78 (2012 est.)<br />0.72 (2011 est.)<br />0.76 (2010 est.)<br />0.72 (2009 est.)<br />0.68 (2008 est.) <strong>British pounds per US dollar: </strong>0.6324 (2012 est.), 0.624 (2011 est.), 0.6472 (2010), 0.6175 (2009), 0.5302 (2008)<br /><strong>Canadian dollars per US dollar:</strong> (2012 est.), 1.001 (2012 est.), 0.9895 (2011 est), 1.0302 (2010 est.), 1.1431 (2009), 1.0364 (2008)<br /><strong>Chinese yuan per US dollar:</strong> (2011 est.), 6.311 (2012 est.), 6.4615 (20111 est.), 6.7703 (2010 est.), 6.8314 (2009), 6.9385 (2008)<br /><strong>euros per US dollar:</strong> 0.7838 (2012 est.), 0.7185 (2011 est.), 0.755 (2010 est.), 0.7198 (2009), 0.6827 (2008)<br /><strong>Japanese yen per US dollar:</strong> 79.42 (2012 est.), 79.81 (2011 est.), 87.78 (2010), 93.57 (2009), 103.58 (2008)
Debt > External per capita $123,568.33
Ranked 5th. 3 times more than United States
$40,666.44
Ranked 13th.

Size of economy > Share of world GDP 0.72%
Ranked 20th.
31.49%
Ranked 1st. 44 times more than Belgium
Gross fixed capital formation > Current US$ > Per $ GDP 0.199$ per $1 of GDP
Ranked 90th. 6% more than United States
0.187$ per $1 of GDP
Ranked 112th.

Exports > Partners Germany 18%, France 16.1%, Netherlands 13%, UK 7.3%, US 5.3%, Italy 4.4% Canada 18.9%, Mexico 14%, China 7.2%, Japan 4.5%
GDP > Official exchange rate $477.40 billion
Ranked 25th.
$16.02 trillion
Ranked 1st. 34 times more than Belgium

GDP per capita > PPP > Constant 2000 international $ 28,574.87 PPP 2000 $
Ranked 16th.
37,267.33 PPP 2000 $
Ranked 2nd. 30% more than Belgium

Investment > Gross fixed 22.1% of GDP
Ranked 66th. 71% more than United States
12.9% of GDP
Ranked 139th.

Income receipts > BoP > Current US$ per capita 5,530.65 BoP $
Ranked 8th. 3 times more than United States
1,606.16 BoP $
Ranked 22nd.

Bank liquid > Reserves to bank assets ratio 1.24
Ranked 149th. 63% more than United States
0.76
Ranked 160th.

Tax > Highest marginal tax rate > Corporate rate 33.99%
Ranked 20th.
40%
Ranked 4th. 18% more than Belgium

Stock of narrow money None None
GDP > Composition, by sector of origin > Industry 22.2%
Ranked 142nd. 16% more than United States
19.2%
Ranked 161st.
Debt > Net domestic credit > Current LCU 438.78 billion
Ranked 79th.
16.15 trillion
Ranked 16th. 37 times more than Belgium

Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita $31,780.75
Ranked 7th. 5 times more than United States
$5,885.16
Ranked 34th.

Government spending 57.28 billion
Ranked 16th.
1.74 trillion
Ranked 2nd. 30 times more than Belgium

Net current transfers from abroad > Constant LCU -2952807000 -74888950000
Foreign direct investment > Net inflows > BoP > Current US$ per capita 3,049.96 BoP $
Ranked 6th. 8 times more than United States
371.4 BoP $
Ranked 35th.

GDP > Current LCU 298179800000 12416510000000
High-technology > Exports > Current US$ > Per capita $2.80 million per 1,000 people
Ranked 7th. 4 times more than United States
$760,722.33 per 1,000 people
Ranked 24th.

GDP > Composition, by sector of origin > Agriculture 0.8%
Ranked 201st.
1.1%
Ranked 194th. 38% more than Belgium
Savings > Gross domestic savings > Current US$ per capita $9,599.75
Ranked 17th. 18% more than United States
$8,113.69
Ranked 21st.

Net barter terms of trade 99.43%
Ranked 19th. 2% more than United States
97.17%
Ranked 22nd.

Tax > Tax payments > Number 11
Ranked 138th. The same as United States
11
Ranked 139th.

Tax > Components of taxation > Personal income tax 31.7%
Ranked 8th.
37.7%
Ranked 5th. 19% more than Belgium
Real interest rate 4.4%
Ranked 73th. 43% more than United States
3.08%
Ranked 86th.

Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP 2,984.91 BoP $ per $1 million of
Ranked 16th.
4,623.68 BoP $ per $1 million of
Ranked 12th. 55% more than Belgium

Gross domestic savings 107.93 billion
Ranked 20th.
1.61 trillion
Ranked 3rd. 15 times more than Belgium

Inflation 108.24
Ranked 151st.
109.85
Ranked 143th. 1% more than Belgium

Investment > External financial assets per capita €98,235.7
Ranked 8th.
€133,164.46
Ranked 2nd. 36% more than Belgium

Outbound tourist spending 20.88 billion
Ranked 14th.
117.97 billion
Ranked 2nd. 6 times more than Belgium

Income > GNI, PPP > Current international $ per capita $39,859.62
Ranked 14th.
$52,608.35
Ranked 5th. 32% more than Belgium

Income > GNI per capita, PPP > Current international $ $39,860.00
Ranked 14th.
$52,610.00
Ranked 5th. 32% more than Belgium

Inequality > Gini coefficient > Level 0.271 Different summary measure
Ranked 22nd.
0.381 Different summary measure
Ranked 4th. 41% more than Belgium
Tax > Total tax wedge > Single worker 55.6%
Ranked 1st. 85% more than United States
30%
Ranked 21st.
Poverty > Poverty by individual and household characteristics > Poverty rate > Children 9.97%
Ranked 21st.
20.59%
Ranked 4th. 2 times more than Belgium
IKEA > First store opening year 1984 1985
GDP > By type of expenditure > Household consumption expenditure per capita 22,967.37
Ranked 20th.
35,518
Ranked 8th. 55% more than Belgium

Productivity > GDP per hour worked 64
Ranked 2nd. 29% more than United States
49.52
Ranked 9th.
Reserves of foreign exchange and gold $30.77 billion
Ranked 49th.
$150.20 billion
Ranked 18th. 5 times more than Belgium

Size of economy > GDP > GDP growth -0.281%
Ranked 153th.
2.21%
Ranked 111th.

GDP > Constant 2000 US$ 249.35 billion constant 2000 US$
Ranked 20th.
11.05 trillion constant 2000 US$
Ranked 1st. 44 times more than Belgium

Tax > Highest marginal tax rate > Individual > On income exceeding > US$ $45,926.00
Ranked 39th.
$372,950.00
Ranked 2nd. 8 times more than Belgium

International tourism > Expenditures > Current US$ per capita 1,587.61$
Ranked 6th. 5 times more than United States
337.12$
Ranked 32nd.

Purchasing power parity conversion factor > LCU per international $ 0.89 1
Micro > Small and medium enterprises > Number 686,533
Ranked 5th.
5.87 million
Ranked 1st. 9 times more than Belgium
GDP > Composition, by end use > Household consumption 52.9%
Ranked 152nd.
68.6%
Ranked 80th. 30% more than Belgium
Poverty and inequality > Income inequality 1993-2011 32.97 latest available
Ranked 16th.
40.81 latest available
Ranked 3rd. 24% more than Belgium
Current transfers > Receipts > BoP > Current US$ 9.25 billion BoP $
Ranked 15th.
15.77 billion BoP $
Ranked 8th. 70% more than Belgium

Innovation > Patent applications, residents per million 57.57
Ranked 36th.
795.12
Ranked 3rd. 14 times more than Belgium

Tax > Taxes on income, profits and capital gains > Current LCU 53.75 billion
Ranked 55th.
1.4 trillion
Ranked 15th. 26 times more than Belgium

Debt > Net current transfers from abroad > Current LCU -6,049,200,000
Ranked 111th.
-144,700,000,000
Ranked 130th. 24 times more than Belgium

Debt > Government debt > Net government debt, share of GDP 83.3 IMF
Ranked 12th.
87.86 IMF
Ranked 10th. 5% more than Belgium
Saving rate 21.83
Ranked 40th. 2 times more than United States
9.77
Ranked 96th.

GDP > PPP > Constant 2000 international $ per capita 28,574.96 PPP 2000 $
Ranked 16th.
37,380.07 PPP 2000 $
Ranked 2nd. 31% more than Belgium

International tourism > Number of departures 9.32 million
Ranked 15th.
63.5 million
Ranked 3rd. 7 times more than Belgium

Economic aid > Donor $1.98 billion
Ranked 14th.
$23.53 billion
Ranked 1st. 12 times more than Belgium
Consumption > Consumption by sector > Equals: Household final consumption expenditure 271.19 billion USD
Ranked 13th.
10.44 trillion USD
Ranked 2nd. 38 times more than Belgium

Debt > Central government debt, total > Current LCU per capita 30,465.01
Ranked 24th.
39,342.95
Ranked 20th. 29% more than Belgium

Net income > BoP > Current US$ > Per capita 514,751.23 BoP $ per 1,000 people
Ranked 7th. 14 times more than United States
38,102.24 BoP $ per 1,000 people
Ranked 22nd.

GDP > CIA Factbook $299.10 billion
Ranked 27th.
$10.99 trillion
Ranked 1st. 37 times more than Belgium

Poverty and inequality > Poorest's share in national income or consumption 8.5%
Ranked 10th. 56% more than United States
5.44%
Ranked 30th.
Investment > External financial assets €1.03 trillion
Ranked 17th.
€42.17 trillion
Ranked 1st. 41 times more than Belgium

Debt > Net foreign assets > Current LCU per capita 12,322.87
Ranked 88th.
-399.736
Ranked 157th.

Tax > GDP > Current LCU 375.88 billion
Ranked 104th.
16.24 trillion
Ranked 28th. 43 times more than Belgium

Taxes > Total tax revenue > Total tax revenue 44.35%
Ranked 3rd. 57% more than United States
28.33%
Ranked 27th.
GDP > PPP per capita $30,960.63
Ranked 12th.
$39,712.68
Ranked 2nd. 28% more than Belgium
GDP in 1970 per million $2.65
Ranked 11th.
$5.00
Ranked 1st. 89% more than Belgium
GNI 475.01 billion
Ranked 20th.
14.01 trillion
Ranked 2nd. 29 times more than Belgium

GDP per capita in 1820 $1,291.00
Ranked 4th. About the same as United States
$1,287.00
Ranked 5th.
GDP > PPP $322.64 billion
Ranked 27th.
$11.63 trillion
Ranked 1st. 36 times more than Belgium
Development > Human Development Index > Inequality adjusted 0.825
Ranked 15th. About the same as United States
0.821
Ranked 16th.
Market capitalization of listed companies > Current US$ 327.06 billion$
Ranked 21st.
17 trillion$
Ranked 1st. 52 times more than Belgium

Companies > Listed domestic companies, total per million 13.82
Ranked 46th. 6% more than United States
13.07
Ranked 49th.

Tax > GDP > Current US$ per capita $43,372.37
Ranked 17th.
$51,748.56
Ranked 10th. 19% more than Belgium

Industrial production growth rate -1.6%
Ranked 141st.
3.2%
Ranked 79th.

Purchasing power parity > GDP per capita > PPP > Current international $ $36,249.03
Ranked 18th.
$45,989.18
Ranked 6th. 27% more than Belgium

World trade > Exports 343.77 billion
Ranked 11th.
1.58 trillion
Ranked 2nd. 5 times more than Belgium

Tourist arrivals by region of origin > Europe 5.84 million
Ranked 16th.
10.7 million
Ranked 10th. 83% more than Belgium

Bank capital to assets ratio 2.7%
Ranked 79th.
10.4%
Ranked 11th. 4 times more than Belgium

Companies > Stock market > Stocks traded, total value > Current US$ per capita $9,267.90
Ranked 21st.
$68,092.78
Ranked 3rd. 7 times more than Belgium

Lending interest rate 6.72%
Ranked 114th. 9% more than United States
6.19%
Ranked 118th.

Industrial > Production growth rate 4%
Ranked 77th. 21% more than United States
3.3%
Ranked 92nd.

Tax > Taxes on income, profits and capital gains > Current LCU per capita 4,865.2
Ranked 44th. 9% more than United States
4,477.99
Ranked 46th.

Spending > Household final consumption expenditure per capita > Constant 2000 US$ $18,996.37
Ranked 18th.
$30,898.88
Ranked 3rd. 63% more than Belgium

Tax > GDP per capita > Constant LCU 29,362.23
Ranked 99th.
45,335.9
Ranked 81st. 54% more than Belgium

Income > GDP per capita, PPP > Current international $ $39,751.48
Ranked 19th.
$51,748.56
Ranked 8th. 30% more than Belgium

Technological achievement 0.55
Ranked 14th.
0.73
Ranked 2nd. 33% more than Belgium
Business > Companies > Specific companies > IKEA > Debut 1,984
Ranked 33th.
1,985
Ranked 31st. The same as Belgium

Currency > Real effective exchange rate index > 2005 = 100 99.51
Ranked 58th. 11% more than United States
89.58
Ranked 88th.

Net domestic credit > Current LCU 313828000000 11970270000000
International tourism > Receipts > Current US$ per capita 1,038.21$
Ranked 20th. 2 times more than United States
416.03$
Ranked 44th.

Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita 5,469.86
Ranked 27th.
7,520.82
Ranked 17th. 37% more than Belgium

GDP > By type of expenditure > Household consumption expenditure 255.91 billion
Ranked 22nd.
11.15 trillion
Ranked 1st. 44 times more than Belgium

Household spending per capita 12,677.06
Ranked 16th.
26,782.83
Ranked 1st. 2 times more than Belgium

Commercial bank prime lending rate 3.62%
Ranked 164th. 11% more than United States
3.25%
Ranked 170th.

Companies > Market capitalization of listed companies > Current US$ $300.06 billion
Ranked 29th.
$18.67 trillion
Ranked 1st. 62 times more than Belgium

Current account balance > BoP > Current US$ 9.33 billion BoP $
Ranked 21st.
-791,508,800,000 BoP $
Ranked 137th.

Trade > Imports $281.70 billion
Ranked 16th.
$1.90 trillion
Ranked 1st. 7 times more than Belgium

Currency > Real effective exchange rate index 109.41%
Ranked 36th. 18% more than United States
92.75%
Ranked 64th.

Currency > Official exchange rate > LCU per US$ > Period average 0.8 1
GDP > CIA Factbook per capita $28,825.77
Ranked 12th.
$37,882.45
Ranked 2nd. 31% more than Belgium

Oil > Exports 353,000 bbl/day
Ranked 38th.
1.92 million bbl/day
Ranked 9th. 5 times more than Belgium

GDP > Composition, by end use > Exports of goods and services 84.8%
Ranked 18th. 6 times more than United States
13.5%
Ranked 182nd.
Purchasing power parity > GNI per capita > PPP > Current international $ $36,550.00
Ranked 14th.
$45,640.00
Ranked 5th. 25% more than Belgium

Income > Health expenditure per capita, PPP > Constant 2005 international $ $4,118.98
Ranked 10th.
$8,607.88
Ranked 1st. 2 times more than Belgium

Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita 24,338.94 USD
Ranked 12th.
33,496.5 USD
Ranked 5th. 38% more than Belgium

Spending > Household final consumption expenditure > Current US$ per capita $22,950.56
Ranked 16th.
$35,518.00
Ranked 4th. 55% more than Belgium

Tax > GDP > Current LCU per capita 33,735.03
Ranked 114th.
51,748.56
Ranked 98th. 53% more than Belgium

Debt > Strength of legal rights index > 0=weak to 10=strong per million 0.538
Ranked 100th. 19 times more than United States
0.0287
Ranked 182nd.

Oil > Production 11,220 bbl/day
Ranked 81st.
9.69 million bbl/day
Ranked 3rd. 863 times more than Belgium

Economy growth -2.75
Ranked 113th. 5% more than United States
-2.63
Ranked 111th.

Trade > Exports > Exports of goods and services 409.91 billion
Ranked 14th.
2.2 trillion
Ranked 1st. 5 times more than Belgium

Purchasing power parity > Gross domestic product per capita > PPP 32,394.66
Ranked 14th.
41,761.08
Ranked 6th. 29% more than Belgium

Trade > Export value index 132.37%
Ranked 18th. 14% more than United States
116.02%
Ranked 25th.

Debt > Interest payments > Current LCU 11.56 billion
Ranked 56th.
324.26 billion
Ranked 15th. 28 times more than Belgium

Innovation 25.4
Ranked 14th.
30.3
Ranked 1st. 19% more than Belgium
Electricity > Consumption per capita 7,915.99 kWh
Ranked 18th.
12,194.74 kWh
Ranked 2nd. 54% more than Belgium

Market capitalization of listed companies > Current US$ > Per $ GDP 881.99$ per $1,000 of GDP
Ranked 30th.
1,368.98$ per $1,000 of GDP
Ranked 15th. 55% more than Belgium

GDP > CIA Factbook > Per capita $28,825.92 per capita
Ranked 12th.
$37,791.00 per capita
Ranked 2nd. 31% more than Belgium

Household spending 136.77 billion
Ranked 22nd.
8.22 trillion
Ranked 1st. 60 times more than Belgium

Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita $16,530.23
Ranked 15th.
$30,898.88
Ranked 1st. 87% more than Belgium

GDP > Composition, by end use > Government consumption 24.9%
Ranked 18th. 28% more than United States
19.5%
Ranked 53th.
GDP > Per $ GDP $36,229.00 per $1 of GDP
Ranked 19th.
$45,759.46 per $1 of GDP
Ranked 8th. 26% more than Belgium

Spending > Household final consumption expenditure, etc. > Current US$ $255.72 billion
Ranked 23th.
$11.15 trillion
Ranked 1st. 44 times more than Belgium

Entrepreneurship > Starting a Business > Index ranking 34
Ranked 121st. 11 times more than United States
3
Ranked 152nd.
GDP > Constant 2000 US$ per capita 23,796.23 constant 2000 US$
Ranked 19th.
37,380.07 constant 2000 US$
Ranked 4th. 57% more than Belgium

GNI > Current US$ per capita 35,770.59$
Ranked 14th.
42,124.23$
Ranked 5th. 18% more than Belgium

Gross domestic savings > Current US$ 87.95 billion$
Ranked 16th.
1.62 trillion$
Ranked 1st. 18 times more than Belgium

Gross Domestic Product > GDP > Size of GDP > GDP per capita $35,382.25 US dollars, current price
Ranked 14th.
$45,488.88 US dollars, current price
Ranked 3rd. 29% more than Belgium
Trade > Exports $279.20 billion
Ranked 15th.
$1.27 trillion
Ranked 3rd. 5 times more than Belgium

Purchasing power parity > GDP > PPP > Current international $ $391.08 billion
Ranked 26th.
$14.12 trillion
Ranked 2nd. 36 times more than Belgium

Public expenditure > Social expenditure > Public social expenditure 26.4%
Ranked 6th. 66% more than United States
15.9%
Ranked 27th.
Gross national expenditure > Constant 2000 US$ per capita 23,098 constant 2000 US$
Ranked 7th.
38,609.96 constant 2000 US$
Ranked 1st. 67% more than Belgium

Entrepreneurship > Hiring and Firing > Index ranking 43
Ranked 111th. 7 times more than United States
6
Ranked 148th.
Income > GDP, PPP > Current international $ per capita $39,751.48
Ranked 19th.
$51,748.56
Ranked 8th. 30% more than Belgium

Total > Reserves in months of imports 0.4
Ranked 130th.
0.92
Ranked 120th. 2 times more than Belgium

Imports > Commodities raw materials, machinery and equipment, chemicals, raw diamonds, pharmaceuticals, foodstuffs, transportation equipment, oil products agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys)
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults 93.12
Ranked 22nd.
173.43
Ranked 4th. 86% more than Belgium

Government > Revenue > Tax > Overall tax burden 44.9%
Ranked 8th. 67% more than United States
26.9%
Ranked 24th.
Inflation > Consumer price index > 2005 = 100 117.77
Ranked 150th. About the same as United States
117.56
Ranked 152nd.

GDP > Constant LCU 270646200000 11046430000000
Gross domestic savings > Current US$ > Per $ GDP 237.17$ per $1,000 of GDP
Ranked 49th. 71% more than United States
138.73$ per $1,000 of GDP
Ranked 102nd.

Poverty and inequality > Inequality adjusted income index 0.756
Ranked 9th. 11% more than United States
0.681
Ranked 22nd.
Trade > Export growth 3.81
Ranked 83th.
8.37
Ranked 54th. 2 times more than Belgium

Welfare > Social contributions > Current LCU 54.65 billion
Ranked 32nd.
905.45 billion
Ranked 8th. 17 times more than Belgium

Welfare > Revenue, excluding grants > Current LCU 152.05 billion
Ranked 59th.
2.54 trillion
Ranked 19th. 17 times more than Belgium

Labor force per thousand people 0.000479
Ranked 119th.
0.000489
Ranked 115th. 2% more than Belgium

Business efficiency 67.46
Ranked 22nd.
100
Ranked 1st. 48% more than Belgium
Trade > Imports > Imports of goods and services 404.14 billion
Ranked 15th.
2.74 trillion
Ranked 1st. 7 times more than Belgium

GDP > Median household income (PPP) $32,577.00
Ranked 24th.
$53,046.00
Ranked 7th. 63% more than Belgium
Debt > Government debt > Net government debt, share of GDP per million people 7.98 IMF
Ranked 34th. 29 times more than United States
0.277 IMF
Ranked 77th.
Household final > Consumption expenditure per capita > Constant 2000 US$ 12,589.49 constant 2000 US$
Ranked 12th.
25,841.85 constant 2000 US$
Ranked 1st. 2 times more than Belgium

Public institution index 5.71
Ranked 22nd.
5.74
Ranked 21st. 1% more than Belgium
GNI > Atlas method > Current US$ per capita 36,142.16$
Ranked 13th.
43,695.99$
Ranked 5th. 21% more than Belgium

Income > Household final consumption expenditure, PPP > Constant 2005 international $ $184.18 billion
Ranked 28th.
$9.70 trillion
Ranked 1st. 53 times more than Belgium

Income > GNI, PPP > Current international $ $444.12 billion
Ranked 27th.
$16.51 trillion
Ranked 2nd. 37 times more than Belgium

Income > GDP, PPP > Current international $ $442.92 billion
Ranked 29th.
$16.24 trillion
Ranked 2nd. 37 times more than Belgium

Currency > Monetary unit 1 euro = 100 cents 1 US dollar = 100 cents
Budget > Expenditures > Per $ GDP $0.49 per $1 of GDP
Ranked 12th. 2 times more than United States
$0.20 per $1 of GDP
Ranked 112th.

Aid > Untied given per million people $85.95 million
Ranked 10th. 50% more than United States
$57.27 million
Ranked 16th.

Taxes and other revenues 51.7% of GDP
Ranked 10th. 3 times more than United States
15.3% of GDP
Ranked 2nd.

Patents granted 72 per million people
Ranked 21st.
289 per million people
Ranked 3rd. 4 times more than Belgium
Balance of payments > Financial > Reserves -6,968,027,234.07
Ranked 126th.
-52,181,533,779.94
Ranked 142nd. 7 times more than Belgium

Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U $334.18 billion
Ranked 14th.
$1.57 trillion
Ranked 2nd. 5 times more than Belgium

Balance of payments > Current account > Balances > Current account balance > Current US$ $3.52 billion
Ranked 27th.
$-378,434,537,000.00
Ranked 143th.

Oil > Proved reserves 0.0
Ranked 119th.
20.68 billion bbl
Ranked 13th.

Companies > Ease of doing business index > 1=most business-friendly regulations 36
Ranked 154th. 9 times more than United States
4
Ranked 185th.

Natural gas > Production 0.0
Ranked 46th.
611 billion cu m
Ranked 1st.

GDP deflator 110.17
Ranked 152nd.
112.4
Ranked 146th. 2% more than Belgium

New businesses registered > Number 28,016
Ranked 17th.
676,830
Ranked 1st. 24 times more than Belgium

Oil > Consumption 622,600 bbl/day
Ranked 27th.
19.15 million bbl/day
Ranked 1st. 31 times more than Belgium

Tourism > International tourism, receipts > Current US$ $13.03 billion
Ranked 25th.
$185.89 billion
Ranked 2nd. 14 times more than Belgium

Electricity > Consumption 84.78 billion kWh
Ranked 25th.
3.74 trillion kWh
Ranked 1st. 44 times more than Belgium

Spending > Final consumption expenditure > Constant 2000 US$ per capita $27,482.93
Ranked 18th.
$37,586.27
Ranked 5th. 37% more than Belgium

Tax > GDP > Current US$ $483.26 billion
Ranked 25th.
$16.24 trillion
Ranked 2nd. 34 times more than Belgium

Currency > GDP > Constant 2000 US$ per capita $36,514.74
Ranked 19th.
$45,335.90
Ranked 10th. 24% more than Belgium

Net trade in goods and services > BoP > Current US$ 10.35 billion BoP $
Ranked 26th.
-716,730,000,000 BoP $
Ranked 137th.

Portfolio investment > Excluding LCFAR > BoP > Current US$ -42,309,700,000 BoP $
Ranked 101st.
-1,088,672,000,000 BoP $
Ranked 120th. 26 times more than Belgium

Net capital account > BoP > Current US$ -629,172,400 BoP $
Ranked 108th.
-4,351,000,000 BoP $
Ranked 114th. 7 times more than Belgium

Budget > Expenditures > Per capita $21,265.90 per capita
Ranked 12th. 2 times more than United States
$9,065.55 per capita
Ranked 26th.

GDP > Composition, by end use > Investment in inventories 0.3%
Ranked 94th.
0.4%
Ranked 87th. 33% more than Belgium
Economic growth > Evolution of GDP > Real GDP growth 2.76%
Ranked 20th. 36% more than United States
2.02%
Ranked 26th.
Tourist arrivals by region of origin > Africa 62,455
Ranked 42nd.
251,654
Ranked 16th. 4 times more than Belgium

Trade > Exports > By good > Chocolate cocoa preparations 1.41 million
Ranked 2nd. 3 times more than United States
502,876
Ranked 6th.
Taxes > Taxes on the average worker > Taxes on the average worker 55.51%
Ranked 1st. 85% more than United States
29.98%
Ranked 22nd.
Steel > Production 5.6 million tonnes
Ranked 23th.
58.1 million tonnes
Ranked 5th. 10 times more than Belgium

Purchasing power parity > GNI > PPP > Current international $ $394.28 billion
Ranked 24th.
$14.01 trillion
Ranked 2nd. 36 times more than Belgium

Debt > External > Per $ GDP $2,686.22 per $1,000 of GDP
Ranked 5th. 4 times more than United States
$760.50 per $1,000 of GDP
Ranked 31st.

Trade > Exports > By good > Passenger cars etc 24.43 million
Ranked 5th. 12% more than United States
21.75 million
Ranked 7th.
GNI > PPP > Current international $ 340.24 billion PPP $
Ranked 27th.
12.45 trillion PPP $
Ranked 1st. 37 times more than Belgium

Investment > Foreign investment > Commitment to Development Index (investment) 5.3
Ranked 11th. 6% more than United States
5
Ranked 16th.
High-technology > Exports > Current US$ $29.16 billion
Ranked 16th.
$231.13 billion
Ranked 3rd. 8 times more than Belgium

Stock of direct foreign investment > Abroad $1.19 trillion
Ranked 7th.
$4.45 trillion
Ranked 1st. 4 times more than Belgium

Oil > Exports per thousand people 32.7 bbl/day
Ranked 27th. 5 times more than United States
6.26 bbl/day
Ranked 55th.

Overall productivity > PPP $63,815.00
Ranked 5th.
$74,624.70
Ranked 2nd. 17% more than Belgium
Final > Consumption expenditure > Etc. > Current US$ 282.88 billion$
Ranked 14th.
10.06 trillion$
Ranked 1st. 36 times more than Belgium

Gross National Income > Constant LCU 272075000000 10687260000000
GDP > Constant 2000 US$ > Per capita 23,796.16 constant 2000 US$ per c
Ranked 18th.
37,267.35 constant 2000 US$ per c
Ranked 4th. 57% more than Belgium

National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $24,176.37
Ranked 20th.
$37,016.09
Ranked 6th. 53% more than Belgium

Income > GDP per capita, PPP > Constant 2005 international $ $32,639.21
Ranked 20th.
$45,335.90
Ranked 7th. 39% more than Belgium

Scientific and technical journals > Articles published 7,070.8
Ranked 20th.
209,694.7
Ranked 2nd. 30 times more than Belgium

Foreign direct investment > Net > BoP > Current US$ > Per capita 179,009.51 BoP $ per 1,000 people
Ranked 39th.
339,670.94 BoP $ per 1,000 people
Ranked 23th. 90% more than Belgium

Net income > BoP > Current US$ 5.39 billion BoP $
Ranked 10th.
11.29 billion BoP $
Ranked 5th. 2 times more than Belgium

Goods imports > BoP > Current US$ 257.14 billion BoP $
Ranked 12th.
1.68 trillion BoP $
Ranked 1st. 7 times more than Belgium

GDP per unit of energy use 5.16 PPP 2000 $/kg of oil eq.
Ranked 54th. 12% more than United States
4.6 PPP 2000 $/kg of oil eq.
Ranked 63th.

Oil > Consumption per thousand people 57.14 bbl/day
Ranked 24th.
61.91 bbl/day
Ranked 21st. 8% more than Belgium

Budget > Revenues > Per $ GDP $0.49 per $1 of GDP
Ranked 12th. 3 times more than United States
$0.18 per $1 of GDP
Ranked 115th.

Natural gas > Production per capita 0.0
Ranked 46th.
1,975.26 cu m
Ranked 10th.

International tourism > Expenditures for travel items > Current US$ $19.32 billion
Ranked 13th.
$85.37 billion
Ranked 3rd. 4 times more than Belgium

Researchers in RandD > Per million people 3,065.46 per million people
Ranked 8th.
4,605.01 per million people
Ranked 4th. 50% more than Belgium

Government spending > Subsidies and other transfers > Current LCU per capita 8,206.82
Ranked 45th.
8,247.11
Ranked 44th. About the same as Belgium

Government spending > Subsidies and other transfers > Current LCU 90.67 billion
Ranked 55th.
2.57 trillion
Ranked 14th. 28 times more than Belgium

Tax > Components of taxation > Property tax 3.3%
Ranked 14th.
10.1%
Ranked 3rd. 3 times more than Belgium
Intellectual property > Patents granted 2,948
Ranked 17th.
224,505
Ranked 2nd. 76 times more than Belgium

Currency > DEC alternative conversion factor > LCU per US$ 0.8 1
Stocks traded > Total value > Current US$ 113.72 billion$
Ranked 28th.
21.51 trillion$
Ranked 1st. 189 times more than Belgium

GDP > Composition, by end use > Investment in fixed capital 20.7%
Ranked 108th. 40% more than United States
14.8%
Ranked 162nd.
Trade > Exports > Goods and services 88%
Ranked 9th. 8 times more than United States
11%
Ranked 149th.
Royalty and license fees > Payments > BoP > Current US$ 1.11 billion BoP $
Ranked 22nd.
24.5 billion BoP $
Ranked 1st. 22 times more than Belgium

Foreign direct investment > Net > BoP > Current US$ 1.88 billion BoP $
Ranked 33th.
100.68 billion BoP $
Ranked 1st. 54 times more than Belgium

Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.832 BoP $ per $1 of GDP
Ranked 13th. 5 times more than United States
0.16 BoP $ per $1 of GDP
Ranked 127th.

Economic importance 3.8
Ranked 17th.
197.9
Ranked 1st. 52 times more than Belgium
Stock of direct foreign investment > At home per capita $104,019.36
Ranked 5th. 12 times more than United States
$8,444.99
Ranked 33th.

Economic aid > Donor per capita $184.69
Ranked 10th. 2 times more than United States
$77.38
Ranked 17th.
Reserves > Total reserves minus gold > Current US$ $18.60 billion
Ranked 51st.
$139.13 billion
Ranked 14th. 7 times more than Belgium

Spending > Final consumption expenditure > Constant 2000 US$ $306.22 billion
Ranked 22nd.
$11.80 trillion
Ranked 1st. 39 times more than Belgium

Spending > Household final consumption expenditure > Constant 2000 US$ per capita $18,996.37
Ranked 18th.
$30,898.88
Ranked 3rd. 63% more than Belgium

Savings > Gross domestic savings > Current US$ $106.96 billion
Ranked 30th.
$2.55 trillion
Ranked 3rd. 24 times more than Belgium

Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 119.8
Ranked 143th.
124.24
Ranked 136th. 4% more than Belgium

World Bank exchange rate 0.72
Ranked 152nd.
1
Ranked 143th. 39% more than Belgium

Balance of payments > Current account > Balances > Net trade in goods > US$ $-2,939,121,458.58
Ranked 106th.
$-503,578,047,000.00
Ranked 142nd. 171 times more than Belgium

Trade > Exports > Goods 255.09 billion
Ranked 12th.
1.58 trillion
Ranked 2nd. 6 times more than Belgium

Electricity > Production 84.2 billion kWh
Ranked 29th.
3.95 trillion kWh
Ranked 1st. 47 times more than Belgium

Electricity > Imports per capita 170.15 kWh
Ranked 33th. 52% more than United States
111.87 kWh
Ranked 38th.

Gender income ratio 0.44%
Ranked 48th.
0.62%
Ranked 16th. 41% more than Belgium
GDP growth > Duration 1980-2000 67%
Ranked 19th. 20% more than United States
56%
Ranked 25th.
Gross fixed capital formation > Current US$ per capita 7,037.56$
Ranked 11th.
7,474.93$
Ranked 11th. 6% more than Belgium

Household final > Consumption expenditure > Constant 2000 US$ per capita 12,589.53 constant 2000 US$
Ranked 12th.
25,916.88 constant 2000 US$
Ranked 1st. 2 times more than Belgium

Gross national expenditure > Current US$ > Per $ GDP 0.977$ per $1 of GDP
Ranked 104th.
1.05$ per $1 of GDP
Ranked 76th. 8% more than Belgium

Patent applications > Residents 575
Ranked 30th.
231,588
Ranked 2nd. 403 times more than Belgium

GNI > Atlas method > Current US$ > Per capita 36,142.04$ per capita
Ranked 13th.
43,564.23$ per capita
Ranked 5th. 21% more than Belgium

Income > GNI per capita, PPP > Constant 2005 international $ $32,725.99
Ranked 14th.
$46,084.41
Ranked 3rd. 41% more than Belgium

Income > GDP, PPP > Constant 2005 international $ per capita $32,639.21
Ranked 20th.
$45,335.90
Ranked 7th. 39% more than Belgium

Income > GNI, PPP > Constant 2005 international $ $364.64 billion
Ranked 28th.
$14.47 trillion
Ranked 1st. 40 times more than Belgium

International tourism > Receipts > Current US$ 10.88 billion$
Ranked 16th.
122.94 billion$
Ranked 1st. 11 times more than Belgium

Oil > Production per thousand people 1.03 bbl/day
Ranked 80th.
31.32 bbl/day
Ranked 28th. 30 times more than Belgium

Gross savings > Current US$ per capita 8,386.66$
Ranked 6th. 62% more than United States
5,176.48$
Ranked 19th.

Innovation > Patent applications, residents 636
Ranked 37th.
247,750
Ranked 3rd. 390 times more than Belgium

Innovation > Patent applications, nonresidents per million 11.5
Ranked 61st.
821.06
Ranked 7th. 71 times more than Belgium

Trade > Exports > Export growth in USD 196.7
Ranked 85th. 46% more than United States
135.15
Ranked 119th.

Trade > Imports > By good > Silver platinum etc 167,769
Ranked 12th.
3.43 million
Ranked 1st. 20 times more than Belgium
Innovation > Scientific and technical journal articles 7,217.6
Ranked 21st.
208,600.8
Ranked 2nd. 29 times more than Belgium

GDP > PPP > Current international $ per capita 32,119.1 PPP $
Ranked 16th.
42,016.29 PPP $
Ranked 2nd. 31% more than Belgium

Welfare > Revenue, excluding grants > Current LCU per capita 13,762.67
Ranked 49th. 69% more than United States
8,158.36
Ranked 69th.

Micro > Small and medium enterprises > Number per 1000 66.16
Ranked 4th. 3 times more than United States
20.04
Ranked 19th.
Tax > Taxes on income > Profits and capital gains > Current LCU 53.14 billion
Ranked 45th.
1.09 trillion
Ranked 1st. 20 times more than Belgium

Tax > Social security contributions 35.07%
Ranked 15th.
41.64%
Ranked 1st. 19% more than Belgium

Tax > Components of taxation > Social security > Employees contribution 9.9%
Ranked 14th.
11.7%
Ranked 10th. 18% more than Belgium
Oil > Imports 1.01 million bbl/day
Ranked 14th.
10.27 million bbl/day
Ranked 1st. 10 times more than Belgium

Oil > Imports per thousand people 93.27 bbl/day
Ranked 7th. 3 times more than United States
33.48 bbl/day
Ranked 37th.

Imports > Partners Netherlands 20.9%, Germany 14.2%, France 10.6%, US 6.1%, UK 5.5%, Ireland 4.4% China 19%, Canada 14.1%, Mexico 12%, Japan 6.4%, Germany 4.7%
Electricity > Production per capita 7,798.83 kWh
Ranked 17th.
12,885.81 kWh
Ranked 6th. 65% more than Belgium

Market value of publicly traded shares $229.90 billion
Ranked 27th.
$15.64 trillion
Ranked 1st. 68 times more than Belgium

Gross Domestic Product > GDP > Size of GDP > Gross domestic product per million $34.81 Billion US dollars, curre
Ranked 14th.
$44.79 Billion US dollars, curre
Ranked 3rd. 29% more than Belgium
GDP growth > Duration 1975-2000 1.9%
Ranked 49th.
2%
Ranked 44th. 5% more than Belgium
Trade > Imports > By good > Passenger cars etc 17.92 million
Ranked 6th.
116.2 million
Ranked 1st. 6 times more than Belgium
Trade > Exports > Goods and services > Constant 2000 US$ 222.91 billion constant 2000 US$
Ranked 9th.
1.12 trillion constant 2000 US$
Ranked 1st. 5 times more than Belgium

Household final > Consumption expenditure > Current US$ > Per capita 18,834.33$ per capita
Ranked 11th.
27,972.58$ per capita
Ranked 3rd. 49% more than Belgium

Household final > Consumption expenditure > Current US$ 197.36 billion$
Ranked 14th.
8.21 trillion$
Ranked 1st. 42 times more than Belgium

Services > Etc. > Value added > Constant 2000 US$ 162.18 billion constant 2000 US$
Ranked 15th.
7.6 trillion constant 2000 US$
Ranked 1st. 47 times more than Belgium

Merchandise > Exports > Current US$ 334.3 billion$
Ranked 10th.
904.38 billion$
Ranked 2nd. 3 times more than Belgium

Gross fixed capital formation > Current US$ 73.74 billion$
Ranked 13th.
2.19 trillion$
Ranked 1st. 30 times more than Belgium

Gross national expenditure > Constant 2000 US$ 242.04 billion constant 2000 US$
Ranked 13th.
11.31 trillion constant 2000 US$
Ranked 1st. 47 times more than Belgium

Household final > Consumption expenditure > Etc. > Constant 2000 US$ per capita 12,589.52 constant 2000 US$
Ranked 8th.
25,948.98 constant 2000 US$
Ranked 1st. 2 times more than Belgium

Research and development spending 1.6%
Ranked 19th.
2.5%
Ranked 7th. 56% more than Belgium
Aid > Untied given $949.54 million
Ranked 14th.
$17,845.09 million
Ranked 1st. 19 times more than Belgium

Tax > Time to prepare and pay taxes > Hours 156
Ranked 128th.
187
Ranked 112th. 20% more than Belgium

Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ $3.02 billion
Ranked 10th.
$162.52 billion
Ranked 1st. 54 times more than Belgium

Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo $404.77 billion
Ranked 13th.
$2.16 trillion
Ranked 2nd. 5 times more than Belgium

Intellectual property > Patent applications 11,427
Ranked 17th.
432,298
Ranked 3rd. 38 times more than Belgium

Trade > Imports of goods > Services and income > BoP > Current US$ per capita 34,450.13 BoP $
Ranked 6th. 4 times more than United States
8,308.6 BoP $
Ranked 37th.

Foreign direct investment > Net > BoP > Current US$ > Per $ GDP 5.06 BoP $ per $1,000 of GDP
Ranked 95th.
8.11 BoP $ per $1,000 of GDP
Ranked 88th. 60% more than Belgium

Royalty and license fees > Payments > BoP > Current US$ per capita 105.68 BoP $
Ranked 15th. 27% more than United States
82.91 BoP $
Ranked 17th.

Net income > BoP > Current US$ per million 514.75 million BoP $
Ranked 7th. 13 times more than United States
38.22 million BoP $
Ranked 22nd.

Commercial service imports > Current US$ > Per capita 4,821.01$ per capita
Ranked 9th. 5 times more than United States
948.58$ per capita
Ranked 47th.

Commercial service imports > Current US$ 50.52 billion$
Ranked 15th.
281.17 billion$
Ranked 1st. 6 times more than Belgium

Natural gas > Consumption 19.53 billion cu m
Ranked 27th.
683.3 billion cu m
Ranked 1st. 35 times more than Belgium

Natural gas > Proved reserves per capita 0.0
Ranked 121st.
22,397.07 cu m
Ranked 30th.

Natural gas > Proved reserves 0.0
Ranked 121st.
6.93 trillion cu m
Ranked 6th.

External debt > Date of information 30 June 2006 est. 30 June 2006 est.
Micro > Small and medium enterprises > Per 1,000 people 66.16 per 1,000 people
Ranked 4th. 3 times more than United States
19.99 per 1,000 people
Ranked 19th.
Tourism > International tourism, number of departures 9.73 million
Ranked 22nd.
58.5 million
Ranked 4th. 6 times more than Belgium

Tourism > International tourism, receipts for travel items > Current US$ per capita $1,055.51
Ranked 33th. 2 times more than United States
$479.02
Ranked 62nd.

Tourism > International tourism, expenditures > Current US$ $24.35 billion
Ranked 13th.
$117.29 billion
Ranked 2nd. 5 times more than Belgium

Public expenditure > Health expenditure > Total expenditure on health 9.9%
Ranked 8th.
15.3%
Ranked 1st. 55% more than Belgium
Companies > Ease of doing business index > 1=most business-friendly regulations per million 2.87
Ranked 139th. 225 times more than United States
0.0127
Ranked 188th.
Economic growth > Inflation > GDP deflator 2.42%
Ranked 18th.
2.69%
Ranked 16th. 11% more than Belgium
Gross Domestic Product > GDP > Size of GDP > Gross domestic product $375.83 Billion US dollars, curre
Ranked 15th.
$13,741.60 Billion US dollars, curre
Ranked 1st. 37 times more than Belgium
International tourism > Receipts for travel items > Current US$ $11.81 billion
Ranked 22nd.
$134.91 billion
Ranked 2nd. 11 times more than Belgium

Tourism receipts > International > Per $ GDP $29.34 per $1,000 of GDP
Ranked 83th. 3 times more than United States
$9.90 per $1,000 of GDP
Ranked 131st.

Trade > Tariffs > Binding coverage > All products 99.98%
Ranked 14th. The same as United States
99.96%
Ranked 12th.

GDP > PPP > Current international $ > Per capita 32,118.99 PPP $ per capita
Ranked 16th.
41,889.59 PPP $ per capita
Ranked 2nd. 30% more than Belgium

GDP > PPP > Constant 2000 international $ > Per capita 28,574.87 PPP 2000 $ per capita
Ranked 16th.
37,267.35 PPP 2000 $ per capita
Ranked 2nd. 30% more than Belgium

International tourism > Expenditures > Current US$ 16.64 billion$
Ranked 11th.
99.62 billion$
Ranked 1st. 6 times more than Belgium

Trade > Exports > Per $ GDP $0.72 per $1 of GDP
Ranked 11th. 9 times more than United States
$0.08 per $1 of GDP
Ranked 152nd.

Tax > Tax payments > Number per million 0.987
Ranked 130th. 28 times more than United States
0.035
Ranked 185th.

Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ $0.92
Ranked 128th.
$1.00
Ranked 124th. 9% more than Belgium

Purchasing power parity > GDP > PPP > Constant 2005 international $ $349.50 billion
Ranked 26th.
$12.82 trillion
Ranked 2nd. 37 times more than Belgium

Trade > Exports > Export growth 116.78
Ranked 87th. 1% more than United States
115.12
Ranked 92nd.

Tourism expenditures > International $15.29 billion
Ranked 9th.
$93.22 billion
Ranked 1st. 6 times more than Belgium

Trade > Exports > By good > Perfume toilet cosmetics 988,577
Ranked 7th.
3.41 million
Ranked 3rd. 3 times more than Belgium

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbooks 2010, 2011, 2012, 2013; Wikipedia: List of countries by public debt (List) (Public debt , The World Factbook , United States Central Intelligence Agency , accessed on March 21, 2013.); 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. 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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.; OECD. 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.; United Nations Development Programme. Source tables; Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization; United Nations Development Program. Human Development Report 2001. New York: Oxford University Press,2001, Table A2.1. via ciesin.org; Wikipedia: List of countries with IKEA stores; 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. 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