Economy Stats: compare key data on Congo, Republic of the & 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.
Exports per capita: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
GDP > Composition, by sector of origin > Services: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
GDP > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
Human Development Index: The human development index values in this table were calculated using a consistent methodology and consistent data series. They are not strictly comparable with those in earlier Human Development Reports.
Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
Population below poverty line: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations.
Public debt: This entry records the cumulatiive total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
Tourist arrivals > 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.
Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
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.
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.
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.
GDP > Per capita > PPP per thousand people: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Figures expressed per thousand people for the same year.
Exports > Commodities: This entry provides a listing of the highest-valued exported products; it sometimes includes the percent of total dollar value.
Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Budget > Expenditures: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
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$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars."
Tax > Tax rates: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
GDP per person: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
Debt > External: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services.
Debt > External > Per capita: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per capita figures expressed per 1 population.
GDP > Composition by sector > Services: The gross domestic product (GDP) or value of all final services produced within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
International tourism > Receipts > Current US$ > 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.
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.
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.
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.
Currency: The national medium of exchange and its basic sub-unit.
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.
Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency.
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).
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.
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.
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.
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.
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.
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
Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
Gross domestic savings: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
Inflation: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used."
Outbound tourist spending: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars."
Reserves of foreign exchange and gold: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.
GDP > 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.
Purchasing power parity conversion factor > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States.
GDP > Composition, by end use > Household consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
imports of goods and ...
Full definition.
Current transfers > Receipts > BoP > Current US$: Current transfers (receipts) are recorded in the balance of payments whenever an economy receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
Debt > 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."
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.
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.
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."
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).
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.
Household spending per capita: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
Current account balance > BoP > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars.
Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Currency > Official exchange rate > LCU per US$ > Period average: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
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.
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."
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
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."
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.
Entrepreneurship > Starting a Business > Index ranking: Doing Business records all generic procedures that are officially required for an entrepreneur to start up and operate an industrial or commercial business. These include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions with relevant authorities. After a study of laws, regulations and publicly available information on business entry, a detailed list of procedures, time, cost and paid-in minimum capital requirements is developed. Subsequently, local incorporation lawyers and government officials complete and verify the data on applicable procedures, the time and cost of complying with each procedure under normal circumstances and the paid-in minimum capital. On average 4 law firms participate in each country. Information is also collected on the sequence in which procedures are to be completed and whether procedures may be carried out simultaneously. It is assumed that any required information is readily available and that all government and nongovernment agencies involved in the start-up process function efficiently and without corruption. If answers by local experts differ, inquiries continue until the data are reconciled. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
Gross domestic savings > Current US$: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
Trade > Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
Purchasing power parity > GDP > PPP > Current international $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
Entrepreneurship > Hiring and Firing > Index ranking: Every economy has established a complex system of laws and institutions intended to protect the interests of workers and to guarantee a minimum standard of living for its population. The OECD Job Study and the International Encyclopedia for Labour Law and Industrial Relations identify 4 areas subject to statutory regulation in all countries: employment, social security, industrial relations and occupational health and safety. Doing Business focuses on the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This year data on social security payments by the employer and pension benefits, including the mandatory retirement age, have been added. The data on hiring and firing workers are based on a detailed survey of employment and social security regulations. The survey is completed by local law firms. The employment laws of most countries are available online in the NATLEX database, published by the International Labour Organization. In all cases both actual laws and secondary sources are used to ensure accuracy. Conflicting answers are further checked against 2 additional sources, including a local legal treatise on employment regulation. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
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.
Gross domestic savings > Current US$ > Per $ GDP: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
GDP > Constant LCU: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
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."
Labor force per thousand people: This entry contains the total labor force figure. Figures expressed per thousand people for the same year.
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.
Budget > Expenditures > Per $ GDP: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
Taxes and other revenues: This entry records total taxes and other revenues received by the national government during the time period indicated, expressed as a percent of GDP. Taxes include personal and corporate income taxes, value added taxes, excise taxes, and tariffs. Other revenues include social contributions - such as payments for social security and hospital insurance - grants, and net revenues from public enterprises. Normalizing the data, by dividing total revenues by GDP, enables easy comparisons across countries, and provides an average rate at which all income (GDP) is paid to the national level government for the supply of public goods and services.
Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
Balance of payments > 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."
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."
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.
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.
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.
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.
Portfolio investment > Excluding LCFAR > BoP > Current US$: Portfolio investment excluding liabilities constituting foreign authorities' reserves covers transactions in equity securities and debt securities. Data are in current U.S. dollars.
Net trade in goods and services > BoP > Current US$: 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.
Budget > Expenditures > Per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
GDP > Composition, by end use > Investment in inventories: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
imports of goods and ...
Full definition
Purchasing power parity > GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
Debt > External > Per $ GDP: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per $ GDP figures expressed per 1,000 $ gross domestic product.
GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
High-technology > Exports > Current US$: High-technology exports are products with high research and development intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars."
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$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
Scientific and technical journals > Articles published: Scientific and technical journal articles refer to the number of scientific and engineering articles published in the following fields: physics, biology, chemistry, mathematics, clinical medicine, biomedical research, engineering and technology, and earth and space sciences."
Goods imports > BoP > Current US$: 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.
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.
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.
International tourism > Expenditures for travel items > Current US$: International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars."
Researchers in RandD > Per million people: Researchers in R&D are professionals engaged in the conception or creation of new knowledge, products, processes, methods, or systems and in the management of the projects concerned. Postgraduate PhD students (ISCED97 level 6) engaged in R&D are included.
Currency > DEC alternative conversion factor > LCU per US$: 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.
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 > 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.
Foreign direct investment > Net > BoP > Current US$: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars.
World Bank exchange rate: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar."
Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
Balance of payments > Current account > Balances > Net trade in goods > US$: Net trade in goods is the difference between exports and imports of goods. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Trade in services is not included. Data are in current U.S. dollars."
Trade > Exports > Goods: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
Electricity > Production: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
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.
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.
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."
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 > 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 > Customs and other import duties > Current LCU: Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
Imports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
Oil > Imports: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
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.
Household final > Consumption expenditure > Current US$: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
Trade > Exports > Goods and services > Constant 2000 US$: 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.
Gross national expenditure > Constant 2000 US$: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2000 U.S. dollars.
Household final > Consumption expenditure > Current US$ > 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.
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.
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$: Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero. In the International Financial Statistics presentation, this is equal to the difference between reserves and related items and the sum of the balances of the current, capital, and financial accounts. Data are in current U.S. dollars."
Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency."
Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo: Exports of goods and services are the total value of goods and services exported as well as income and workers' remittances received. Workers' remittances include compensation of employees. Data are in current U.S. dollars.
Foreign direct investment > Net > BoP > Current US$ > Per $ GDP: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
Commercial service imports > Current US$: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.
Commercial service imports > Current US$ > 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.
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.
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.
Trade > Exports > Export growth: Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights. For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used."
Purchasing power parity > 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.
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)."

SHOW ALL

LESS

SHARE TWEET EMBED

STAT	Congo, Republic of the	United States
Budget > Revenues	$5.83 billion Ranked 100th.	$2.45 trillion Ranked 1st. 420 times more than Congo, Republic of the
Budget surplus > + or deficit > -	6.5% of GDP Ranked 10th.	-6.8% of GDP Ranked 157th.
Debt > Government debt > Public debt, share of GDP	18.3 CIA Ranked 132nd.	72.5 CIA Ranked 35th. 4 times more than Congo, Republic of the
Overview	The economy is a mixture of subsistence hunting and agriculture, an industrial sector based largely on oil and support services, and government spending. Oil has supplanted forestry as the mainstay of the economy, providing a major share of government revenues and exports. Natural gas is increasingly being converted to electricity rather than being flared, greatly improving energy prospects. New mining projects, particularly iron ore, that may enter production as early as late 2013 may add as much as $1 billion to annual government revenue. Economic reform efforts have been undertaken with the support of international organizations, notably the World Bank and the IMF, including recently concluded Article IV consultations. Denis SASSOU-Nguesso, who returned to power when the war ended in October 1997, publicly expressed interest in moving forward on economic reforms and privatization and in renewing cooperation with international financial institutions. Economic progress was badly hurt by slumping oil prices and the resumption of armed conflict in December 1998, which worsened the republic's budget deficit. The current administration faces difficult economic challenges of stimulating recovery and reducing poverty. The drop in oil prices during the global crisis reduced oil revenue by about 30%, but the subsequent recovery of oil prices boosted the economy's GDP from 2009-12. In March 2006, the World Bank and the International Monetary Fund (IMF) approved Heavily Indebted Poor Countries (HIPC) treatment for Congo, which received $1.9 billion in debt relief under the program in 2010. Congo also restructured old defaulted London Club debt in 2007, which effectively cancelled 80% of its private debt. Contracts with China have increased Congo's publicly held debt. Officially the country became a net external creditor as of 2011, with external debt representing less than 22% of GDP and debt servicing less than 3% of government revenue.	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	$10.53 billion Ranked 89th.	$1.56 trillion Ranked 2nd. 148 times more than Congo, Republic of the
Exports per capita	$2,411.67 Ranked 71st.	$4,972.70 Ranked 50th. 2 times more than Congo, Republic of the
GDP > Composition, by sector of origin > Services	19.9% Ranked 186th.	79.7% Ranked 14th. 4 times more than Congo, Republic of the
GDP > Per capita	$3,383.67 per capita Ranked 125th.	$45,759.46 per capita Ranked 8th. 14 times more than Congo, Republic of the
GDP > Per capita > PPP	$4,600.00 Ranked 127th.	$51,700.00 Ranked 6th. 11 times more than Congo, Republic of the
Human Development Index	0.512 Ranked 143th.	0.944 Ranked 10th. 84% more than Congo, Republic of the
Inflation rate > Consumer prices	3.9% Ranked 99th. 86% more than United States	2.1% Ranked 160th.
Population below poverty line	46.5% Ranked 3rd. 3 times more than United States	15.1% Ranked 34th.
Public debt	31.8% of GDP Ranked 110th.	70% of GDP Ranked 37th. 2 times more than Congo, Republic of the
Tourist arrivals > Per capita	10.47 per 1,000 people Ranked 164th.	190.7 per 1,000 people Ranked 91st. 18 times more than Congo, Republic of the
Unemployment rate	53% Ranked 1st. 7 times more than United States	8.1% Ranked 47th.
GDP > Purchasing power parity	$18.89 billion Ranked 129th.	$16.24 trillion Ranked 1st. 860 times more than Congo, Republic of the
Currency > PPP conversion factor to official exchange rate ratio	1.01 Ranked 23th. 1% more than United States	1 Ranked 24th.
Fiscal year	calendar year	1
GDP > Composition by sector > Industry	71.3% Ranked 3rd. 4 times more than United States	19.1% Ranked 160th.
Inequality > GINI index	47.32 Ranked 13th. 16% more than United States	40.81 Ranked 16th.
Imports per capita	$1,019.18 Ranked 131st.	$7,336.40 Ranked 47th. 7 times more than Congo, Republic of the
Tax > Highest marginal tax rate > Individual rate	50% Ranked 4th. 43% more than United States	35% Ranked 35th.
GDP > Per capita > PPP per thousand people	$1.05 Ranked 93th. 6 times more than United States	$0.16 Ranked 139th.
Exports > Commodities	petroleum, lumber, plywood, sugar, cocoa, coffee, diamonds	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%
Imports	$4.45 billion Ranked 130th.	$2.30 trillion Ranked 1st. 518 times more than Congo, Republic of the
Budget > Expenditures	$4.95 billion Ranked 109th.	$3.54 trillion Ranked 1st. 715 times more than Congo, Republic of the
Tourist arrivals	43,000 Ranked 166th.	57.94 million Ranked 3rd. 1347 times more than Congo, Republic of the
Budget > Revenues > Per capita	$866.97 per capita Ranked 85th.	$8,527.60 per capita Ranked 29th. 10 times more than Congo, Republic of the
Inbound tourism income > Current US$	$54.00 million Ranked 151st.	$166.53 billion Ranked 2nd. 3084 times more than Congo, Republic of the
Tax > Tax rates	39.94 Ranked 9th. 3 times more than United States	15.91 Ranked 3rd.
GDP per person	2,600.94 Ranked 102nd.	45,989.18 Ranked 9th. 18 times more than Congo, Republic of the
Debt > External	$3.00 billion Ranked 131st.	$15.93 trillion Ranked 1st. 5312 times more than Congo, Republic of the
Central bank discount rate	4.25% Ranked 66th. 9 times more than United States	0.5% Ranked 122nd.
Debt > External > Per capita	$1,454.42 per capita Ranked 8th.	$40,678.76 per capita Ranked 12th. 28 times more than Congo, Republic of the
GDP > Composition by sector > Services	24.5% Ranked 176th.	79.7% Ranked 15th. 3 times more than Congo, Republic of the
International tourism > Receipts > Current US$ > Per $ GDP	5.32$ per $1,000 of GDP Ranked 121st.	9.9$ per $1,000 of GDP Ranked 97th. 86% more than Congo, Republic of the
Consumer spending	42.21 Ranked 118th.	71.37 Ranked 53th. 69% more than Congo, Republic of the
Consumer price index	112.83% Ranked 109th.	113.41% Ranked 105th. 1% more than Congo, Republic of the
GDP > Composition by sector > Agriculture	4.2% Ranked 137th. 4 times more than United States	1.2% Ranked 191st.
GDP per capita > PPP > Current international $	1,262.21 PPP $ Ranked 138th.	41,889.57 PPP $ Ranked 2nd. 33 times more than Congo, Republic of the
Industries	petroleum extraction, cement, lumber, brewing, sugar, palm oil, soap, flour, cigarettes	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	-92.4% Ranked 174th. 5 times more than United States	-16.9% Ranked 4th.
New businesses registered > Number > Per capita	0.059 per 1,000 people Ranked 79th.	2.28 per 1,000 people Ranked 26th. 39 times more than Congo, Republic of the
GDP per capita > Constant LCU	147852.8	37267.33
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US	$2.08 billion Ranked 54th.	$134.71 billion Ranked 3rd. 65 times more than Congo, Republic of the
Labor force	2 Ranked 205th.	155 Ranked 39th. 78 times more than Congo, Republic of the
GDP > Real growth rate	3.8% Ranked 86th. 36% more than United States	2.8% Ranked 106th.
Debt > Government debt > Gross government debt, share of GDP	21.14 IMF Ranked 146th.	106.53 IMF Ranked 11th. 5 times more than Congo, Republic of the
International tourism > Number of arrivals	22,000 Ranked 170th.	49.21 million Ranked 3rd. 2237 times more than Congo, Republic of the
Economic growth > Per capita	5.61 Ranked 11th.	-3.47 Ranked 111th.
GDP per capita > Constant 2000 US$	996.95 constant 2000 US$ Ranked 106th.	37,267.33 constant 2000 US$ Ranked 4th. 37 times more than Congo, Republic of the
Current account balance	$187.90 million Ranked 47th.	$-440,400,000,000.00 Ranked 180th.
Agriculture > Products	cassava (tapioca), sugar, rice, corn, peanuts, vegetables, coffee, cocoa; forest products	wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products
Currency	Communaute Financiere Africaine franc ; note - responsible authority is the Bank of the Central African States	US dollar
GDP > Purchasing power parity > Per capita	$3,383.67 per capita Ranked 125th.	$45,759.46 per capita Ranked 8th. 14 times more than Congo, Republic of the
Money and quasi money > M2 > Current LCU	458230000000	9258648000000
Gross national saving	56.2% of GDP Ranked 3rd. 4 times more than United States	12.5% of GDP Ranked 118th.
Stock of broad money	None	None
Exchange rates	Cooperation Financiere en Afrique Centrale francs (XAF) per US dollar -<br />510.53 (2012 est.)<br />471.87 (2011 est.)<br />495.28 (2010 est.)<br />472.19 (2009)<br />447.81 (2008)	<strong>British pounds per US dollar: </strong>0.6324 (2012 est.), 0.624 (2011 est.), 0.6472 (2010), 0.6175 (2009), 0.5302 (2008)<br /><strong>Canadian dollars per US dollar:</strong> (2012 est.), 1.001 (2012 est.), 0.9895 (2011 est), 1.0302 (2010 est.), 1.1431 (2009), 1.0364 (2008)<br /><strong>Chinese yuan per US dollar:</strong> (2011 est.), 6.311 (2012 est.), 6.4615 (20111 est.), 6.7703 (2010 est.), 6.8314 (2009), 6.9385 (2008)<br /><strong>euros per US dollar:</strong> 0.7838 (2012 est.), 0.7185 (2011 est.), 0.755 (2010 est.), 0.7198 (2009), 0.6827 (2008)<br /><strong>Japanese yen per US dollar:</strong> 79.42 (2012 est.), 79.81 (2011 est.), 87.78 (2010), 93.57 (2009), 103.58 (2008)
Gross fixed capital formation > Current US$ > Per $ GDP	0.237$ per $1 of GDP Ranked 50th. 27% more than United States	0.187$ per $1 of GDP Ranked 112th.
Exports > Partners	China 39%, US 13%, France 9.5%, Australia 8.8%, Netherlands 6.8%, Spain 5.3%, India 5.2%	Canada 18.9%, Mexico 14%, China 7.2%, Japan 4.5%
GDP > Official exchange rate	$13.51 billion Ranked 121st.	$16.02 trillion Ranked 1st. 1186 times more than Congo, Republic of the
GDP per capita > PPP > Constant 2000 international $	1,122.93 PPP 2000 $ Ranked 138th.	37,267.33 PPP 2000 $ Ranked 2nd. 33 times more than Congo, Republic of the
Investment > Gross fixed	45.2% of GDP Ranked 4th. 4 times more than United States	12.9% of GDP Ranked 139th.
Bank liquid > Reserves to bank assets ratio	76.68 Ranked 7th. 101 times more than United States	0.76 Ranked 160th.
Tax > Highest marginal tax rate > Corporate rate	45% Ranked 7th. 13% more than United States	40% Ranked 4th.
Stock of narrow money	None	None
GDP > Composition, by sector of origin > Industry	76.8% Ranked 4th. 4 times more than United States	19.2% Ranked 161st.
Government spending	372.48 million Ranked 117th.	1.74 trillion Ranked 2nd. 4667 times more than Congo, Republic of the
Net current transfers from abroad > Constant LCU	1466012000	-74888950000
GDP > Current LCU	2685200000000	12416510000000
High-technology > Exports > Current US$ > Per capita	$1,285.90 per 1,000 people Ranked 69th.	$760,722.33 per 1,000 people Ranked 24th. 592 times more than Congo, Republic of the
GDP > Composition, by sector of origin > Agriculture	3.4% Ranked 147th. 3 times more than United States	1.1% Ranked 194th.
Net barter terms of trade	121.07% Ranked 10th. 25% more than United States	97.17% Ranked 22nd.
Real interest rate	9.79% Ranked 32nd. 3 times more than United States	3.08% Ranked 86th.
Gross domestic savings	4.36 billion Ranked 73th.	1.61 trillion Ranked 3rd. 370 times more than Congo, Republic of the
Inflation	123.3 Ranked 80th. 12% more than United States	109.85 Ranked 143th.
Outbound tourist spending	168 million Ranked 119th.	117.97 billion Ranked 2nd. 702 times more than Congo, Republic of the
Reserves of foreign exchange and gold	$5.57 billion Ranked 89th.	$150.20 billion Ranked 18th. 27 times more than Congo, Republic of the
GDP > Constant 2000 US$	3.99 billion constant 2000 US$ Ranked 118th.	11.05 trillion constant 2000 US$ Ranked 1st. 2771 times more than Congo, Republic of the
Tax > Highest marginal tax rate > Individual > On income exceeding > US$	$4,681.27 Ranked 4th.	$372,950.00 Ranked 2nd. 80 times more than Congo, Republic of the
Purchasing power parity conversion factor > LCU per international $	531.99	1
GDP > Composition, by end use > Household consumption	22.7% Ranked 185th.	68.6% Ranked 80th. 3 times more than Congo, Republic of the
Current transfers > Receipts > BoP > Current US$	31.47 million BoP $ Ranked 128th.	15.77 billion BoP $ Ranked 8th. 501 times more than Congo, Republic of the
Debt > Government debt > Net government debt, share of GDP	21.14 IMF Ranked 70th.	87.86 IMF Ranked 10th. 4 times more than Congo, Republic of the
Saving rate	18.04 Ranked 88th. 85% more than United States	9.77 Ranked 96th.
Net income > BoP > Current US$ > Per capita	-280,662.652 BoP $ per 1,000 people Ranked 106th.	38,102.24 BoP $ per 1,000 people Ranked 22nd.
GDP > CIA Factbook	$2.15 billion Ranked 166th.	$10.99 trillion Ranked 1st. 5116 times more than Congo, Republic of the
GNI	6.87 billion Ranked 112th.	14.01 trillion Ranked 2nd. 2040 times more than Congo, Republic of the
GDP > PPP	$3.82 billion Ranked 144th.	$11.63 trillion Ranked 1st. 3044 times more than Congo, Republic of the
Industrial production growth rate	4% Ranked 70th. 25% more than United States	3.2% Ranked 79th.
Purchasing power parity > GDP per capita > PPP > Current international $	$4,237.95 Ranked 103th.	$45,989.18 Ranked 6th. 11 times more than Congo, Republic of the
World trade > Exports	6.88 billion Ranked 81st.	1.58 trillion Ranked 2nd. 229 times more than Congo, Republic of the
Tourist arrivals by region of origin > Europe	8,752 Ranked 163th.	10.7 million Ranked 10th. 1223 times more than Congo, Republic of the
Lending interest rate	17.67% Ranked 32nd. 3 times more than United States	6.19% Ranked 118th.
Industrial > Production growth rate	12% Ranked 14th. 4 times more than United States	3.3% Ranked 92nd.
Net domestic credit > Current LCU	40568000000	11970270000000
Household spending per capita	308.9 Ranked 130th.	26,782.83 Ranked 1st. 87 times more than Congo, Republic of the
Commercial bank prime lending rate	14.8% Ranked 44th. 5 times more than United States	3.25% Ranked 170th.
Current account balance > BoP > Current US$	903.18 million BoP $ Ranked 38th.	-791,508,800,000 BoP $ Ranked 137th.
Trade > Imports	$3.61 billion Ranked 122nd.	$1.90 trillion Ranked 1st. 528 times more than Congo, Republic of the
Currency > Official exchange rate > LCU per US$ > Period average	522.89	1
Oil > Exports	211,800 bbl/day Ranked 51st.	1.92 million bbl/day Ranked 9th. 9 times more than Congo, Republic of the
GDP > Composition, by end use > Exports of goods and services	102.6% Ranked 8th. 8 times more than United States	13.5% Ranked 182nd.
Purchasing power parity > GNI per capita > PPP > Current international $	$3,040.00 Ranked 107th.	$45,640.00 Ranked 5th. 15 times more than Congo, Republic of the
Oil > Production	302,200 bbl/day Ranked 36th.	9.69 million bbl/day Ranked 3rd. 32 times more than Congo, Republic of the
Economy growth	7.6 Ranked 12th.	-2.63 Ranked 111th.
Purchasing power parity > Gross domestic product per capita > PPP	3,848.33 Ranked 102nd.	41,761.08 Ranked 6th. 11 times more than Congo, Republic of the
Trade > Export value index	125.14% Ranked 64th. 8% more than United States	116.02% Ranked 25th.
GDP > CIA Factbook > Per capita	$569.87 per capita Ranked 169th.	$37,791.00 per capita Ranked 2nd. 66 times more than Congo, Republic of the
Household spending	937.68 million Ranked 134th.	8.22 trillion Ranked 1st. 8769 times more than Congo, Republic of the
GDP > Composition, by end use > Government consumption	12.5% Ranked 136th.	19.5% Ranked 53th. 56% more than Congo, Republic of the
GDP > Per $ GDP	$3,383.67 per $1 of GDP Ranked 125th.	$45,759.46 per $1 of GDP Ranked 8th. 14 times more than Congo, Republic of the
Entrepreneurship > Starting a Business > Index ranking	128 Ranked 28th. 43 times more than United States	3 Ranked 152nd.
Gross domestic savings > Current US$	2.62 billion$ Ranked 78th.	1.62 trillion$ Ranked 1st. 617 times more than Congo, Republic of the
Trade > Exports	$9.20 billion Ranked 87th.	$1.27 trillion Ranked 3rd. 138 times more than Congo, Republic of the
Purchasing power parity > GDP > PPP > Current international $	$15.61 billion Ranked 113th.	$14.12 trillion Ranked 2nd. 905 times more than Congo, Republic of the
Entrepreneurship > Hiring and Firing > Index ranking	146 Ranked 9th. 24 times more than United States	6 Ranked 148th.
Total > Reserves in months of imports	2.18 Ranked 98th. 2 times more than United States	0.92 Ranked 120th.
Imports > Commodities	capital equipment, construction materials, foodstuffs	agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys)
Gross domestic savings > Current US$ > Per $ GDP	515.6$ per $1,000 of GDP Ranked 4th. 4 times more than United States	138.73$ per $1,000 of GDP Ranked 102nd.
GDP > Constant LCU	591248900000	11046430000000
Trade > Export growth	5.9 Ranked 72nd.	8.37 Ranked 54th. 42% more than Congo, Republic of the
Labor force per thousand people	0.000445 Ranked 140th.	0.000489 Ranked 115th. 10% more than Congo, Republic of the
Debt > Government debt > Net government debt, share of GDP per million people	4.7 IMF Ranked 42nd. 17 times more than United States	0.277 IMF Ranked 77th.
Household final > Consumption expenditure per capita > Constant 2000 US$	558.56 constant 2000 US$ Ranked 84th.	25,841.85 constant 2000 US$ Ranked 1st. 46 times more than Congo, Republic of the
Budget > Expenditures > Per $ GDP	$0.26 per $1 of GDP Ranked 80th. 30% more than United States	$0.20 per $1 of GDP Ranked 112th.
Taxes and other revenues	43.2% of GDP Ranked 25th. 3 times more than United States	15.3% of GDP Ranked 2nd.
Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U	$6.13 billion Ranked 92nd.	$1.57 trillion Ranked 2nd. 256 times more than Congo, Republic of the
Balance of payments > Current account > Balances > Current account balance > Current US$	$-2,181,039,950.98 Ranked 122nd.	$-378,434,537,000.00 Ranked 143th. 174 times more than Congo, Republic of the
Balance of payments > Financial > Reserves	-88,084,285.68 Ranked 56th.	-52,181,533,779.94 Ranked 142nd. 592 times more than Congo, Republic of the
Oil > Proved reserves	1.6 billion bbl Ranked 34th.	20.68 billion bbl Ranked 13th. 13 times more than Congo, Republic of the
Natural gas > Production	530 million cu m Ranked 60th.	611 billion cu m Ranked 1st. 1153 times more than Congo, Republic of the
GDP deflator	454.16 Ranked 38th. 4 times more than United States	112.4 Ranked 146th.
New businesses registered > Number	237 Ranked 83th.	676,830 Ranked 1st. 2856 times more than Congo, Republic of the
Oil > Consumption	11,000 bbl/day Ranked 150th.	19.15 million bbl/day Ranked 1st. 1741 times more than Congo, Republic of the
Electricity > Consumption	534 million kWh Ranked 122nd.	3.74 trillion kWh Ranked 1st. 7006 times more than Congo, Republic of the
Net capital account > BoP > Current US$	5.69 million BoP $ Ranked 84th.	-4,351,000,000 BoP $ Ranked 114th.
Portfolio investment > Excluding LCFAR > BoP > Current US$	13.08 million BoP $ Ranked 14th.	-1,088,672,000,000 BoP $ Ranked 120th.
Net trade in goods and services > BoP > Current US$	2.05 billion BoP $ Ranked 35th.	-716,730,000,000 BoP $ Ranked 137th.
Budget > Expenditures > Per capita	$643.05 per capita Ranked 94th.	$9,065.55 per capita Ranked 26th. 14 times more than Congo, Republic of the
GDP > Composition, by end use > Investment in inventories	1% Ranked 61st. 3 times more than United States	0.4% Ranked 87th.
Tourist arrivals by region of origin > Africa	11,006 Ranked 75th.	251,654 Ranked 16th. 23 times more than Congo, Republic of the
Purchasing power parity > GNI > PPP > Current international $	$11.19 billion Ranked 117th.	$14.01 trillion Ranked 2nd. 1252 times more than Congo, Republic of the
Debt > External > Per $ GDP	$1,552.85 per $1,000 of GDP Ranked 5th. 2 times more than United States	$760.50 per $1,000 of GDP Ranked 31st.
GNI > PPP > Current international $	3.92 billion PPP $ Ranked 136th.	12.45 trillion PPP $ Ranked 1st. 3177 times more than Congo, Republic of the
High-technology > Exports > Current US$	$3.75 million Ranked 73th.	$231.13 billion Ranked 3rd. 61648 times more than Congo, Republic of the
Final > Consumption expenditure > Etc. > Current US$	2.47 billion$ Ranked 118th.	10.06 trillion$ Ranked 1st. 4079 times more than Congo, Republic of the
Gross National Income > Constant LCU	213155400000	10687260000000
GDP > Constant 2000 US$ > Per capita	996.95 constant 2000 US$ per c Ranked 106th.	37,267.35 constant 2000 US$ per c Ranked 4th. 37 times more than Congo, Republic of the
National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$	$1,266.57 Ranked 102nd.	$37,016.09 Ranked 6th. 29 times more than Congo, Republic of the
Scientific and technical journals > Articles published	20.9 Ranked 118th.	209,694.7 Ranked 2nd. 10033 times more than Congo, Republic of the
Goods imports > BoP > Current US$	1.36 billion BoP $ Ranked 115th.	1.68 trillion BoP $ Ranked 1st. 1237 times more than Congo, Republic of the
Foreign direct investment > Net > BoP > Current US$ > Per capita	181,055.81 BoP $ per 1,000 people Ranked 38th.	339,670.94 BoP $ per 1,000 people Ranked 23th. 88% more than Congo, Republic of the
Net income > BoP > Current US$	-1,122,343,000 BoP $ Ranked 94th.	11.29 billion BoP $ Ranked 5th.
GDP per unit of energy use	3.31 PPP 2000 $/kg of oil eq. Ranked 89th.	4.6 PPP 2000 $/kg of oil eq. Ranked 63th. 39% more than Congo, Republic of the
Oil > Consumption per thousand people	2.67 bbl/day Ranked 166th.	61.91 bbl/day Ranked 21st. 23 times more than Congo, Republic of the
Budget > Revenues > Per $ GDP	$0.48 per $1 of GDP Ranked 17th. 3 times more than United States	$0.18 per $1 of GDP Ranked 115th.
International tourism > Expenditures for travel items > Current US$	$168.00 million Ranked 106th.	$85.37 billion Ranked 3rd. 508 times more than Congo, Republic of the
Researchers in RandD > Per million people	29.6 per million people Ranked 51st.	4,605.01 per million people Ranked 4th. 156 times more than Congo, Republic of the
Currency > DEC alternative conversion factor > LCU per US$	527.47	1
GDP > Composition, by end use > Investment in fixed capital	53.6% Ranked 3rd. 4 times more than United States	14.8% Ranked 162nd.
Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP	0.573 BoP $ per $1 of GDP Ranked 49th. 4 times more than United States	0.16 BoP $ per $1 of GDP Ranked 127th.
Foreign direct investment > Net > BoP > Current US$	724.02 million BoP $ Ranked 48th.	100.68 billion BoP $ Ranked 1st. 139 times more than Congo, Republic of the
World Bank exchange rate	472.19 Ranked 33th. 472 times more than United States	1 Ranked 143th.
Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country	661.06 Ranked 18th. 5 times more than United States	124.24 Ranked 136th.
Balance of payments > Current account > Balances > Net trade in goods > US$	$2.95 billion Ranked 34th.	$-503,578,047,000.00 Ranked 142nd.
Trade > Exports > Goods	2.86 billion Ranked 112th.	1.58 trillion Ranked 2nd. 552 times more than Congo, Republic of the
Electricity > Production	452 million kWh Ranked 93th.	3.95 trillion kWh Ranked 1st. 8746 times more than Congo, Republic of the
Stock of money	$1.40 billion Ranked 101st.	$1.37 trillion Ranked 3rd. 981 times more than Congo, Republic of the
Gross national expenditure > Current US$ > Per $ GDP	0.725$ per $1 of GDP Ranked 139th.	1.05$ per $1 of GDP Ranked 76th. 45% more than Congo, Republic of the
Patent applications > Residents	19 Ranked 47th.	231,588 Ranked 2nd. 12189 times more than Congo, Republic of the
GNI > Atlas method > Current US$ > Per capita	948.56$ per capita Ranked 110th.	43,564.23$ per capita Ranked 5th. 46 times more than Congo, Republic of the
International tourism > Receipts > Current US$	23.1 million$ Ranked 133th.	122.94 billion$ Ranked 1st. 5322 times more than Congo, Republic of the
Oil > Production per thousand people	73.24 bbl/day Ranked 20th. 2 times more than United States	31.32 bbl/day Ranked 28th.
Trade > Exports > Export growth in USD	261.96 Ranked 50th. 94% more than United States	135.15 Ranked 119th.
Tax > Social security contributions	0.9% Ranked 64th.	41.64% Ranked 1st. 46 times more than Congo, Republic of the
Tax > Taxes on income > Profits and capital gains > Current LCU	65.42 billion Ranked 38th.	1.09 trillion Ranked 1st. 17 times more than Congo, Republic of the
Tax > Customs and other import duties > Current LCU	34.64 billion Ranked 20th. 19% more than United States	29.22 billion Ranked 22nd.
Imports > Partners	France 19.5%, China 13.5%, Brazil 9.1%, US 6.1%, India 5.8%, Italy 4.8%, Belgium 4.4%	China 19%, Canada 14.1%, Mexico 12%, Japan 6.4%, Germany 4.7%
Oil > Imports	2,832 bbl/day Ranked 163th.	10.27 million bbl/day Ranked 1st. 3626 times more than Congo, Republic of the
Services > Etc. > Value added > Constant 2000 US$	858.61 million constant 2000 US$ Ranked 120th.	7.6 trillion constant 2000 US$ Ranked 1st. 8849 times more than Congo, Republic of the
Household final > Consumption expenditure > Current US$	1.73 billion$ Ranked 123th.	8.21 trillion$ Ranked 1st. 4737 times more than Congo, Republic of the
Trade > Exports > Goods and services > Constant 2000 US$	3.48 billion constant 2000 US$ Ranked 81st.	1.12 trillion constant 2000 US$ Ranked 1st. 321 times more than Congo, Republic of the
Gross national expenditure > Constant 2000 US$	4.16 billion constant 2000 US$ Ranked 90th.	11.31 trillion constant 2000 US$ Ranked 1st. 2721 times more than Congo, Republic of the
Household final > Consumption expenditure > Current US$ > Per capita	433.65$ per capita Ranked 105th.	27,972.58$ per capita Ranked 3rd. 65 times more than Congo, Republic of the
Merchandise > Exports > Current US$	5 billion$ Ranked 88th.	904.38 billion$ Ranked 2nd. 181 times more than Congo, Republic of the
Gross fixed capital formation > Current US$	1.2 billion$ Ranked 106th.	2.19 trillion$ Ranked 1st. 1818 times more than Congo, Republic of the
Tax > Time to prepare and pay taxes > Hours	606 Ranked 14th. 3 times more than United States	187 Ranked 112th.
Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$	$-201,107,465.21 Ranked 104th.	$162.52 billion Ranked 1st.
Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU	1.03 trillion Ranked 18th.	12.42 trillion Ranked 15th. 12 times more than Congo, Republic of the
Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo	$6.15 billion Ranked 98th.	$2.16 trillion Ranked 2nd. 351 times more than Congo, Republic of the
Foreign direct investment > Net > BoP > Current US$ > Per $ GDP	142.22 BoP $ per $1,000 of GDP Ranked 2nd. 18 times more than United States	8.11 BoP $ per $1,000 of GDP Ranked 88th.
Commercial service imports > Current US$	1.55 billion$ Ranked 78th.	281.17 billion$ Ranked 1st. 181 times more than Congo, Republic of the
Commercial service imports > Current US$ > Per capita	387.57$ per capita Ranked 71st.	948.58$ per capita Ranked 47th. 2 times more than Congo, Republic of the
Natural gas > Consumption	530 million cu m Ranked 83th.	683.3 billion cu m Ranked 1st. 1289 times more than Congo, Republic of the
Natural gas > Proved reserves per capita	21,350.5 cu m Ranked 32nd.	22,397.07 cu m Ranked 30th. 5% more than Congo, Republic of the
Natural gas > Proved reserves	90.61 billion cu m Ranked 53th.	6.93 trillion cu m Ranked 6th. 76 times more than Congo, Republic of the
External debt > Date of information	2000 est.	30 June 2006 est.
International tourism > Receipts for travel items > Current US$	$54.00 million Ranked 142nd.	$134.91 billion Ranked 2nd. 2498 times more than Congo, Republic of the
Tourism receipts > International > Per $ GDP	$5.69 per $1,000 of GDP Ranked 139th.	$9.90 per $1,000 of GDP Ranked 131st. 74% more than Congo, Republic of the
Trade > Tariffs > Binding coverage > All products	16.1% Ranked 61st.	99.96% Ranked 12th. 6 times more than Congo, Republic of the
GDP > PPP > Current international $ > Per capita	1,262.21 PPP $ per capita Ranked 138th.	41,889.59 PPP $ per capita Ranked 2nd. 33 times more than Congo, Republic of the
GDP > PPP > Constant 2000 international $ > Per capita	1,122.93 PPP 2000 $ per capita Ranked 138th.	37,267.35 PPP 2000 $ per capita Ranked 2nd. 33 times more than Congo, Republic of the
International tourism > Expenditures > Current US$	176 million$ Ranked 97th.	99.62 billion$ Ranked 1st. 566 times more than Congo, Republic of the
Trade > Exports > Per $ GDP	$0.79 per $1 of GDP Ranked 7th. 10 times more than United States	$0.08 per $1 of GDP Ranked 152nd.
Trade > Exports > Export growth	118.9 Ranked 84th. 3% more than United States	115.12 Ranked 92nd.
Purchasing power parity > GDP > PPP > Constant 2005 international $	$14.17 billion Ranked 112th.	$12.82 trillion Ranked 2nd. 905 times more than Congo, Republic of the
Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $	$421.54 Ranked 16th. 422 times more than United States	$1.00 Ranked 124th.
Tourism expenditures > International	$70.00 million Ranked 102nd.	$93.22 billion Ranked 1st. 1332 times more than Congo, Republic of the

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.); CIA World Factbooks 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; CIA World Factbook 2010, 2011, 2012, 2013; Human Development Report 2006, United Nations Development Programme; CIA World Factbooks 18 December 2003 to 28 March 2011; World Tourism Organisation, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.; World Development Indicators database; All CIA World Factbooks 18 December 2003 to 18 December 2008; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/jsp/index.jsp).; KPMG's Individual Income Tax and Social Security Rate Survey 2009 (www.kpmg.com), and PricewaterhouseCoopers's Worldwide Tax Summaries Online (www.pwc.com).; CIA World Factbook 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; World Bank national accounts data, and OECD National Accounts data files.; International Finance Corporation's micro, small, and medium-size enterprises database (http://www.ifc.org/ifcext/sme.nsf/Content/Resources).; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; Wikipedia: List of countries by public debt (List); KPMG's Corporate and Indirect Tax Rate Survey 2009 (www.kpmg.com), and PricewaterhouseCoopers's Worldwide Tax Summaries Online (www.pwc.com).; United Nations, Comtrade database.; International Monetary Fund, International Financial Statistics and data files.; Wikipedia: List of countries by public debt (List) (Government net & gross debt 2013 , International Monetary Fund , April 2013 World Economic Outlook Databse.); World Bank. 2005. World Development Indicators 2005.; World Bank, International Comparison Program database.; Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization; Doing Business, Economy Rankings, 2005.; Wikipedia: List of countries by public debt (List) (Government net & gross debt 2013 , International Monetary Fund , April 2013 World Economic Outlook Databse.). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; National Science Foundation, Science and Engineering Indicators.; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; x; World Intellectual Property Organisation (WIPO), WIPO Patent Report: Statistics on Worldwide Patent Activity. The International Bureau of WIPO assumes no responsibility with respect to the transformation of these data.; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; International Monetary Fund, Government Finance Statistics Yearbook and data files.; World Bank, Doing Business project (http://www.doingbusiness.org/).; Wikipedia: List of countries by external debt; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organisation.

SHOW ALL

LESS

Citation

Compare Congo, Republic of the and United States in

Agriculture	Geography	Media
Background	Government	Military
Crime	Health	People
Economy	Industry	Religion
Education	Labor	Terrorism
Energy	Language	Transport
Environment	Lifestyle

Economy Stats: compare key data on Congo, Republic of the & United States

Definitions

Citation

Compare Congo, Republic of the and United States in

Factoid #231

Related Sectors

E-commerce 2019

Stats

Country profiles

Compare

Adblocker detected! Please consider reading this notice.

Definitions

APA MLA MHRA CSE AMA Chicago Bluebook Bluebook/JOLT Citation

Compare Congo, Republic of the and United States in

Factoid #231

Related Sectors

E-commerce 2019

Stats

Country profiles

Compare

Embed content

Adblocker detected! Please consider reading this notice.

Citation