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Economy Stats: compare key data on East Timor & Philippines

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.
  • Distribution of family income > Gini index: This index measures the degree of inequality in the distribution of family income in a country. The index is calculated from the Lorenz curve, in which cumulative family income is plotted against the number of families arranged from the poorest to the ric
  • Overview: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
  • Exports: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Exports per capita: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • GDP: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • GDP > Composition, by sector of origin > Services: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • GDP > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
  • GDP > Purchasing power parity per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Figures expressed per capita for the same year.
  • GDP per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • 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.
  • Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
  • 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.
  • 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.
  • Fiscal year: The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
  • GDP > Composition by sector > Industry: The gross domestic product (GDP) or value of all final goods produced by the industrial sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • Currency > Official exchange rate > LCU per US$, period average: Official exchange rate (LCU per US$, period average). Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • Inequality > GINI index: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality."
  • Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Development > Human Development Index: Human Development Index trends, 1980-2012.
  • Population below poverty line > Per capita: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Per capita figures expressed per 1 million population.
  • GDP > Per capita > PPP per thousand people: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Figures expressed per thousand people for the same year.
  • Exports > Commodities: This entry provides a listing of the highest-valued exported products; it sometimes includes the percent of total dollar value.
  • 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
  • Debt > Net foreign assets > Current LCU: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency.
  • 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.
  • GDP per person: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
  • Exports > Main exports: Country main exports.
  • Budget > Revenues per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Gross domestic savings > Current US$ per capita: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • GDP > Composition by sector > Services: The gross domestic product (GDP) or value of all final services produced within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • Tax > GDP > Constant LCU: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Tourism > International tourism, number of arrivals per capita: International tourism, number of arrivals. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival. Figures expressed per capita for the same year.
  • 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."
  • 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.
  • Industries: A rank ordering of industries starting with the largest by value of annual output.
  • Population below poverty line > Per $ GDP: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Per $ GDP figures expressed per 1 trillion $ gross domestic product.
  • GDP > Composition, by end use > Imports of goods and services: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
  • GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • 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.
  • 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.
  • Micro > Small and medium enterprises > Number > Per capita: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Per capita figures expressed per 1,000 population.
  • Economic freedom: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
  • GDP > Official exchange rate per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed. Figures expressed per capita for the same year.
  • Current account balance: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Trade > Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Currency: The national medium of exchange and its basic sub-unit.
  • GNI per capita: Country GNI per capita.
  • GDP > Purchasing power parity > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • Trade > Exports per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Figures expressed per capita for the same year.
  • Current account balance per capita: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Tourism > International tourism, number of arrivals: International tourism, number of arrivals. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival.
  • Tax > GDP > Constant LCU per capita: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency. Figures expressed per capita for the same year.
  • Retail > Gross value added by wholesale, retail trade, restaurants and hotels: Gross Value Added by Kind of Economic Activity at current prices - US dollars.
  • Household final > Consumption expenditure > Current US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Budget > Expenditures per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Reserves > Total reserves > Includes gold, current US$: Total reserves (includes gold, current US$). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.
  • Exchange rates: The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.
  • Size of economy > Share of world GDP : Percent of world GDP (exchange rates).

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  • Gross fixed capital formation > Current US$ > Per $ GDP: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Aid per capita > Current US$: Aid per capita includes both official development assistance (ODA) and official aid, and is calculated by dividing total aid by the midyear population estimate.
  • 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.
  • 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.
  • GDP > Composition, by sector of origin > Industry: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Debt > Net domestic credit > Current LCU: Net domestic credit (current LCU). Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy (IFS line 32). Data are in current local currency.
  • Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Government spending: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2000 U.S. dollars."
  • GDP > Current LCU: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • GDP > Composition, by sector of origin > Agriculture: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Savings > Gross domestic savings > Current US$ per capita: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tax > Tax payments > Number: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.
  • 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."
  • Income > GNI, PPP > Current international $ per capita: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. Figures expressed per capita for the same year.
  • Income > GNI per capita, PPP > Current international $: GNI per capita, PPP (current international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • GDP > By type of expenditure > Household consumption expenditure per capita: GDP by Type of Expenditure at current prices - US dollars. Figures expressed per capita for the same year.
  • Reserves of foreign exchange and gold: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.
  • Size of economy > GDP > GDP growth: GDP growth (annual %).
  • GDP > Constant 2000 US$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Micro > Small and medium enterprises > Number: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees.
  • GDP > Composition, by end use > Household consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
    .
  • Debt > Net foreign assets > Current LCU per capita: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency. Figures expressed per capita for the same year.
  • Tax > GDP > Current LCU: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Economic aid > Recipient: This entry, which is subject to major problems of definition and statistical coverage, refers to the net inflow of Official Development Finance (ODF) to recipient countries. The figure includes assistance from the World Bank, the IMF, and other international organizations and from individual nation donors. Formal commitments of aid are included in the data. Omitted from the data are grants by private organizations. Aid comes in various forms including outright grants and loans. The entry thus is the difference between new inflows and repayments.
  • 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.
  • Development > Human Development Index > Inequality adjusted: Inequality-adjusted Human Development Index.
  • Tax > GDP > Current US$ per capita: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Trade > Exports to US: in US dollars. Jan 2003 - March 2003
  • Industrial production growth rate: This entry gives the annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Purchasing power parity > GDP per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Labor force > By occupation > Agriculture: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
    Additional details:
    • Gibraltar: negligible (2013)
  • Poverty > Poverty gap at national poverty line: Poverty gap at national poverty line is the mean shortfall from the poverty line (counting the nonpoor as having zero shortfall) as a percentage of
  • Labor force > By occupation > Services: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
  • Industrial > Production growth rate: The annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Poverty and inequality > Population below national poverty line > Total: Percentage of country's population that falls below its poverty line.
  • Spending > Household final consumption expenditure per capita > Constant 2000 US$: Household final consumption expenditure per capita (constant 2000 US$). Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2005 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars.
  • Tax > GDP per capita > Constant LCU: GDP per capita (constant LCU). GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Income > GDP per capita, PPP > Current international $: GDP per capita, PPP (current international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita: Gross Value Added by Kind of Economic Activity at current prices - US dollars. Figures expressed per capita for the same year.
  • GDP > By type of expenditure > Household consumption expenditure: GDP by Type of Expenditure at current prices - US dollars.
  • Household spending per capita: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
  • Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Currency > Official exchange rate > LCU per US$ > Period average: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • GDP > CIA Factbook per capita: . Figures expressed per capita for the same year.
  • Oil > Exports: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
    Additional details:
    • Bahamas, The: transshipments of 41,570 bbl/day (2007)
    • Bahamas, The: transshipments of 41,610 bbl/day (2009)
  • Poverty and inequality > Population in severe poverty: Multidimensional Poverty Index.
  • GDP > Composition, by end use > Exports of goods and services: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
     .
  • Purchasing power parity > GNI per capita > PPP > Current international $: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Income > Health expenditure per capita, PPP > Constant 2005 international $: Health expenditure per capita, PPP (constant 2005 international $). Total health expenditure is the sum of public and private health expenditures as a ratio of total population. It covers the provision of health services (preventive and curative), family planning activities, nutrition activities, and emergency aid designated for health but does not include provision of water and sanitation. Data are in international dollars converted using 2005 purchasing power parity (PPP) rates.
  • Tax > GDP > Current LCU per capita: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency. Figures expressed per capita for the same year.
  • Spending > Household final consumption expenditure > Current US$ per capita: Household final consumption expenditure (current US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Debt > Strength of legal rights index > 0=weak to 10=strong per million: Strength of legal rights index (0=weak to 10=strong). Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 10, with higher scores indicating that these laws are better designed to expand access to credit. Figures expressed per million population for the same year.
  • Oil > Production: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • Economy growth: Measures growth in the economy or ""economy growth"". Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources."
  • Trade > Exports > Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Purchasing power parity > Gross domestic product per capita > PPP: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • GDP > CIA Factbook > Per capita: Per capita figures expressed per 1 population.
  • Household spending: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
  • Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita: Household final consumption expenditure, PPP (constant 2005 international $). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates. Figures expressed per capita for the same year.
  • GDP > Composition, by end use > Government consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
  • GDP > Per $ GDP: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Spending > Household final consumption expenditure, etc. > Current US$: Household final consumption expenditure, etc. (current US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • Entrepreneurship > Starting a Business > Index ranking: Doing Business records all generic procedures that are officially required for an entrepreneur to start up and operate an industrial or commercial business. These include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions with relevant authorities. After a study of laws, regulations and publicly available information on business entry, a detailed list of procedures, time, cost and paid-in minimum capital requirements is developed. Subsequently, local incorporation lawyers and government officials complete and verify the data on applicable procedures, the time and cost of complying with each procedure under normal circumstances and the paid-in minimum capital. On average 4 law firms participate in each country. Information is also collected on the sequence in which procedures are to be completed and whether procedures may be carried out simultaneously. It is assumed that any required information is readily available and that all government and nongovernment agencies involved in the start-up process function efficiently and without corruption. If answers by local experts differ, inquiries continue until the data are reconciled. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
  • GDP > Constant 2000 US$ per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Gross domestic savings > Current US$: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • GNI > Current US$ per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Poverty and inequality > Multidimensional poverty index: Multidimensional Poverty Index.
  • 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 $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Gross national expenditure > Constant 2000 US$ per capita: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2000 U.S. dollars. Figures expressed per capita for the same year.
  • Entrepreneurship > Hiring and Firing > Index ranking: Every economy has established a complex system of laws and institutions intended to protect the interests of workers and to guarantee a minimum standard of living for its population. The OECD Job Study and the International Encyclopedia for Labour Law and Industrial Relations identify 4 areas subject to statutory regulation in all countries: employment, social security, industrial relations and occupational health and safety. Doing Business focuses on the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This year data on social security payments by the employer and pension benefits, including the mandatory retirement age, have been added. The data on hiring and firing workers are based on a detailed survey of employment and social security regulations. The survey is completed by local law firms. The employment laws of most countries are available online in the NATLEX database, published by the International Labour Organization. In all cases both actual laws and secondary sources are used to ensure accuracy. Conflicting answers are further checked against 2 additional sources, including a local legal treatise on employment regulation. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
  • Income > GDP, PPP > Current international $ per capita: GDP, PPP (current international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. Figures expressed per capita for the same year.
  • Imports > Commodities: This entry provides a listing of the highest-valued imported products; it sometimes includes the percent of total dollar value.
  • Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults: Automated teller machines (ATMs) (per 100,000 adults). Automated teller machines are computerized telecommunications devices that provide clients of a financial institution with access to financial transactions in a public place.
  • Inflation > Consumer price index > 2005 = 100: Consumer price index (2005 = 100). Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • GDP > Constant LCU: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Gross domestic savings > Current US$ > Per $ GDP: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Poverty and inequality > Inequality adjusted income index: Inequality-adjusted Human Development Index.
  • Labor force per thousand people: This entry contains the total labor force figure. Figures expressed per thousand people for the same year.
  • Trade > Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Household final > Consumption expenditure per capita > Constant 2000 US$: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars.
  • GNI > Atlas method > Current US$ per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States. Figures expressed per capita for the same year.
  • Income > GNI, PPP > Current international $: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Income > Household final consumption expenditure, PPP > Constant 2005 international $: Household final consumption expenditure, PPP (constant 2005 international $). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates.
  • Income > GDP, PPP > Current international $: GDP, PPP (current international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Currency > Monetary unit: Country currency.
  • Budget > Expenditures > Per $ GDP: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
  • 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.
  • Oil > Proved reserves: This entry is the stock of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
  • Companies > Ease of doing business index > 1=most business-friendly regulations: Ease of doing business index (1=most business-friendly regulations). Ease of doing business ranks economies from 1 to 189, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.
  • Natural gas > Production: This entry is the total natural gas produced in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
  • GDP deflator: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • Oil > Consumption: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • Tourism > International tourism, receipts > Current US$: International tourism, receipts (current US$). International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.
  • Spending > Final consumption expenditure > Constant 2000 US$ per capita: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Currency > GDP > Constant 2000 US$ per capita: GDP (constant 2000 US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Tax > GDP > Current US$: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • 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 $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Oil > Exports per thousand people: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
    Additional details:
    • Bahamas, The: transshipments of 41,570 bbl/day (2007)
    • Bahamas, The: transshipments of 41,610 bbl/day (2009)
    . Figures expressed per thousand people for the same year.
  • GDP > Constant 2000 US$ > 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.
  • Final > Consumption expenditure > Etc. > Current US$: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • Income > GDP per capita, PPP > Constant 2005 international $: GDP per capita, PPP (constant 2005 international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • 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.
  • Economic aid > Recipient per capita: This entry, which is subject to major problems of definition and statistical coverage, refers to the net inflow of Official Development Finance (ODF) to recipient countries. The figure includes assistance from the World Bank, the IMF, and other international organizations and from individual nation donors. Formal commitments of aid are included in the data. Omitted from the data are grants by private organizations. Aid comes in various forms including outright grants and loans. The entry thus is the difference between new inflows and repayments. Figures expressed per capita for the same year.
  • Natural gas > Production per capita: This entry is the total natural gas produced in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors. Figures expressed per capita for the same year.
  • Currency > DEC alternative conversion factor > LCU per US$: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.
  • Labor force > By occupation > Industry: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
  • GDP > Composition, by end use > Investment in fixed capital: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
    .
  • Poverty and inequality > Population vulnerable to poverty > Proportion: Multidimensional Poverty Index.
  • Poverty and inequality > Causes of poverty > Health: Percentage health counts for in the country's total Multidimensional Poverty Index (UN). For instance, health is 40% of Senegal's poverty issues, while the remaining 60% is for living standards and education. Cross country comparisons based off these numbers aren't an accurate telling of how bad health issues are between countries, but rather how much of an issue health concerns are in each country.
  • Reserves > Total reserves minus gold > Current US$: Total reserves minus gold (current US$). Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars.
  • Spending > Household final consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (constant 2000 US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Spending > Final consumption expenditure > Constant 2000 US$: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars.
  • Savings > Gross domestic savings > Current US$: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • World Bank exchange rate: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar."
  • Private investment > Telecommunications: Investment in telecom projects with private participation covers infrastructure projects in telecommunications that have reached financial closure and directly or indirectly serve the public. Movable assets are excluded. The types of projects included are operations and management contracts, operations and management contracts with major capital expenditure, greenfield projects (in which a private entity or a public-private joint venture builds and operates a new facility), and divestitures. Investment commitments are the sum of investments in facilities and investments in government assets. Investments in facilities are the resources the project company commits to invest during the contract period either in new facilities or in expansion and modernisation of existing facilities. Investments in government assets are the resources the project company spends on acquiring government assets such as state-owned enterprises, rights to provide services in a specific area, or the use of specific radio spectrums. Data are in current U.S. dollars."
  • Electricity > Imports per capita: This entry is the total imported electricity in kilowatt-hours. Figures expressed per capita for the same year.
  • Gross fixed capital formation > Current US$ per capita: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Gross national expenditure > Current US$ > Per $ GDP: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Household final > Consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars. Figures expressed per capita for the same year.
  • Foreign aid > From United States: Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. DAC members are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Japan, Republic of Korea, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom, United States, and Commission of the European Communities. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars."
  • Foreign aid > From Switzerland: Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. DAC members are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Japan, Republic of Korea, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom, United States, and Commission of the European Communities. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars."
  • Foreign aid > Net Foreign aid received > Current US$: Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in current U.S. dollars."
  • Foreign aid > International assistance received per capita: Net official development assistance (ODA) per capita consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients; and is calculated by dividing net ODA received by the midyear population estimate. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in current U.S. dollars."
  • GNI > Atlas method > Current US$ > Per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States. Per capita figures expressed per 1 population.
  • Income > GDP, PPP > Constant 2005 international $ per capita: GDP, PPP (constant 2005 international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars. Figures expressed per capita for the same year.
  • Income > GNI per capita, PPP > Constant 2005 international $: GNI per capita, PPP (constant 2005 international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
  • Income > GNI, PPP > Constant 2005 international $: GNI, PPP (constant 2005 international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
  • Oil > Production per thousand people: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
  • Gross savings > Current US$ per capita: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Poverty and inequality > Population in multidimensional poverty > Proportion: Multidimensional Poverty Index.
  • Poverty and inequality > Population below national poverty line > Urban: Percentage of country's population that lives in urban poverty. The poverty line is determined by each country separately.
  • Micro > Small and medium enterprises > Number per 1000: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Figures expressed per thousand population for the same year.
  • Oil > Imports: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
  • Oil > Imports per thousand people: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products. Figures expressed per thousand people for the same year.
  • Trade balance with US: In US dollars. Jan 2003 - March 2003
  • Services > Etc. > Value added > Constant 2000 US$: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2000 U.S. dollars.
  • Gross national expenditure > Constant 2000 US$: 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.
  • Gross fixed capital formation > Current US$: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
  • Household final > Consumption expenditure > Current US$ > Per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Household final > Consumption expenditure > Current US$: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
  • Household final > Consumption expenditure > Etc. > Constant 2000 US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars. Figures expressed per capita for the same year.
  • Tax > Time to prepare and pay taxes > Hours: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions."
  • Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency."
  • Natural gas > Consumption: This entry is the total natural gas consumed in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
  • Natural gas > Proved reserves per capita: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions. Figures expressed per capita for the same year.
  • Natural gas > Proved reserves: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
  • Micro > Small and medium enterprises > Per 1,000 people: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees.
  • Tourism > International tourism, receipts for travel items > Current US$ per capita: International tourism, receipts for travel items (current US$). International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tourism > International tourism, expenditures > Current US$: International tourism, expenditures (current US$). International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars.
  • Companies > Ease of doing business index > 1=most business-friendly regulations per million: Ease of doing business index (1=most business-friendly regulations). Ease of doing business ranks economies from 1 to 189, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators. Figures expressed per million population for the same year.
  • Foreign aid > From European Commission: Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. DAC members are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Japan, Republic of Korea, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom, United States, and Commission of the European Communities. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars."
  • Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits."
  • Trade > Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Tax > Tax payments > Number per million: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent. Figures expressed per million population for the same year.
  • Purchasing power parity > 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)."
STAT East Timor Philippines HISTORY
Budget > Revenues $1.50 billion
Ranked 152nd.
$36.35 billion
Ranked 59th. 24 times more than East Timor

Budget surplus > + or deficit > - -1.6% of GDP
Ranked 61st.
-2.3% of GDP
Ranked 76th. 44% more than East Timor

Distribution of family income > Gini index 31.9
Ranked 25th.
44.8
Ranked 14th. 40% more than East Timor

Overview Since its 1999 independence, Timor-Leste has faced great challenges in rebuilding its infrastructure, strengthening the civil administration, and generating jobs for young people entering the work force. The development of oil and gas resources in offshore waters has greatly supplemented government revenues. This technology-intensive industry, however, has done little to create jobs for the unemployed in part because there are no production facilities in Timor-Leste. Gas is piped to Australia. In June 2005, the National Parliament unanimously approved the creation of a Petroleum Fund to serve as a repository for all petroleum revenues and to preserve the value of Timor-Leste's petroleum wealth for future generations. The Fund held assets of US$9.3 billion as of December 2011. The economy continues to recover from the mid-2006 outbreak of violence and civil unrest, which disrupted both private and public sector economic activity. Government spending increased markedly from 2009 through 2012, primarily on basic infrastructure, including electricity and roads. Limited experience in procurement and infrastructure building has hampered these projects. The underlying economic policy challenge the country faces remains how best to use oil-and-gas wealth to lift the non-oil economy onto a higher growth path and to reduce poverty. Timor-Leste had a balanced budget in 2012 with government expenditures of $1.7 billion focusing on development of public infrastructure. On the strength of its oil-wealth, the economy has achieved real growth of approximately 10% per year for the last several years, among the highest sustained growth rates in the world. Philippine GDP growth, which cooled from 7.6% in 2010 to 3.9% in 2011, expanded to 6.6% in 2012 - meeting the government's targeted 6%-7% growth range. The 2012 expansion partly reflected a rebound from depressed 2011 export and public sector spending levels. The economy has weathered global economic and financial downturns better than its regional peers due to minimal exposure to troubled international securities, lower dependence on exports, relatively resilient domestic consumption, large remittances from four- to five-million overseas Filipino workers, and a rapidly expanding business process outsourcing industry. The current account balance had recorded consecutive surpluses since 2003; international reserves are at record highs; the banking system is stable; and the stock market was Asia's second best-performer in 2012. Efforts to improve tax administration and expenditure management have helped ease the Philippines' tight fiscal situation and reduce high debt levels. The Philippines received several credit rating upgrades on its sovereign debt in 2012, and has had little difficulty tapping domestic and international markets to finance its deficits. Achieving a higher growth path nevertheless remains a pressing challenge. Economic growth in the Philippines averaged 4.5% during the MACAPAGAL-ARROYO administration but poverty worsened during her term. Growth has accelerated under the AQUINO government, but with limited progress thus far in bringing down unemployment, which hovers around 7%, and improving the quality of jobs. Underemployment is nearly 20% and more than 40% of the employed are estimated to be working in the informal sector. The AQUINO administration has been working to boost the budgets for education, health, cash transfers to the poor, and other social spending programs, and is relying on the private sector to help fund major infrastructure projects under its Public-Private Partnership program. Long term challenges include reforming governance and the judicial system, building infrastructure, improving regulatory predictability, and the ease of doing business, attracting higher levels of local and foreign investments. The Philippine Constitution and the other laws continue to restrict foreign ownership in important activities/sectors (such as land ownership and public utilities).
Exports $34.10 million
Ranked 192nd.
$46.28 billion
Ranked 58th. 1357 times more than East Timor

Exports per capita $29.00
Ranked 198th.
$478.56
Ranked 132nd. 17 times more than East Timor

GDP $1.29 billion
Ranked 157th.
$250.18 billion
Ranked 39th. 194 times more than East Timor

GDP > Composition, by sector of origin > Services 13.9%
Ranked 187th.
57.1%
Ranked 105th. 4 times more than East Timor
GDP > Per capita $2,672.60 per capita
Ranked 79th.
$3,756.92 per capita
Ranked 73th. 41% more than East Timor

GDP > Per capita > PPP $20,100.00
Ranked 48th. 5 times more than Philippines
$4,400.00
Ranked 130th.

GDP > Purchasing power parity per capita $2,629.32
Ranked 134th.
$3,779.79
Ranked 124th. 44% more than East Timor

GDP per capita $1,068.14
Ranked 145th.
$2,587.02
Ranked 120th. 2 times more than East Timor

Inflation rate > Consumer prices 11.8%
Ranked 18th. 4 times more than Philippines
3.2%
Ranked 114th.

Population below poverty line 41%
Ranked 10th. 55% more than Philippines
26.5%
Ranked 18th.

Unemployment rate 18.4%
Ranked 10th. 3 times more than Philippines
7%
Ranked 62nd.

Human Development Index 0.513
Ranked 140th.
0.758
Ranked 83th. 48% more than East Timor
GDP > Purchasing power parity $23.19 billion
Ranked 122nd.
$419.60 billion
Ranked 31st. 18 times more than East Timor

Fiscal year calendar year calendar year
GDP > Composition by sector > Industry 18.1%
Ranked 168th.
31.3%
Ranked 69th. 73% more than East Timor

Currency > Official exchange rate > LCU per US$, period average $1.00
Ranked 152nd.
$42.23
Ranked 67th. 42 times more than East Timor

Inequality > GINI index 31.92
Ranked 21st.
44.04
Ranked 13th. 38% more than East Timor

Imports per capita $585.94
Ranked 155th.
$635.84
Ranked 143th. 9% more than East Timor

Development > Human Development Index 0.576
Ranked 133th.
0.654
Ranked 115th. 14% more than East Timor

Population below poverty line > Per capita 47.92% per 1 million people
Ranked 2nd. 123 times more than Philippines
0.389% per 1 million people
Ranked 22nd.

GDP > Per capita > PPP per thousand people $16.61
Ranked 29th. 365 times more than Philippines
$0.05
Ranked 169th.

Exports > Commodities oil, coffee, sandalwood, marble semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits
Imports $689.00 million
Ranked 181st.
$61.49 billion
Ranked 46th. 89 times more than East Timor

Budget > Expenditures $1.60 billion
Ranked 145th.
$42.10 billion
Ranked 59th. 26 times more than East Timor

Debt > Net foreign assets > Current LCU 1.18 billion
Ranked 140th.
3.25 trillion
Ranked 26th. 2757 times more than East Timor

Budget > Revenues > Per capita $1,317.62 per capita
Ranked 39th. 5 times more than Philippines
$285.49 per capita
Ranked 62nd.

GDP per person 492.24
Ranked 152nd.
1,752.45
Ranked 115th. 4 times more than East Timor

Exports > Main exports Coffee, marble, potential for oil exports Electrical machinery, clothing, food and live animals, chemicals, timber products
Budget > Revenues per capita $1,296.28
Ranked 79th. 5 times more than Philippines
$287.23
Ranked 111th.

Gross domestic savings > Current US$ per capita -43.848$
Ranked 149th.
121.12$
Ranked 92nd.

GDP > Composition by sector > Services 56.3%
Ranked 109th.
56.4%
Ranked 108th. About the same as East Timor

Tax > GDP > Constant LCU 1.05 billion
Ranked 177th.
6.31 trillion
Ranked 27th. 5995 times more than East Timor

Tourism > International tourism, number of arrivals per capita 0.0434
Ranked 134th. 5% more than Philippines
0.0412
Ranked 137th.

Consumer spending 111.67
Ranked 1st. 51% more than Philippines
73.94
Ranked 44th.

GDP > Composition by sector > Agriculture 25.6%
Ranked 34th. 2 times more than Philippines
12.4%
Ranked 79th.

Industries printing, soap manufacturing, handicrafts, woven cloth electronics assembly, garments, footwear, pharmaceuticals, chemicals, wood products, food processing, petroleum refining, fishing
Population below poverty line > Per $ GDP 125,111.71% per $1 trillion of GD
Ranked 1st. 445 times more than Philippines
281.36% per $1 trillion of GD
Ranked 18th.

GDP > Composition, by end use > Imports of goods and services -30%
Ranked 37th.
-34%
Ranked 54th. 13% more than East Timor
GDP per capita > Constant LCU 345.16 14562.41
Labor force 418
Ranked 22nd. 10 times more than Philippines
40
Ranked 69th.

GDP > Real growth rate 8.3%
Ranked 16th. 22% more than Philippines
6.8%
Ranked 32nd.

Economic growth > Per capita -1.26
Ranked 78th. 70% more than Philippines
-0.74
Ranked 73th.

GDP per capita > Constant 2000 US$ 345.16 constant 2000 US$
Ranked 142nd.
1,128.51 constant 2000 US$
Ranked 102nd. 3 times more than East Timor

Micro > Small and medium enterprises > Number > Per capita 4.47 per 1,000 people
Ranked 25th.
10.09 per 1,000 people
Ranked 12th. 2 times more than East Timor
Economic freedom 43.7
Ranked 165th.
58.2
Ranked 97th. 33% more than East Timor

GDP > Official exchange rate per capita $539.17
Ranked 162nd.
$2,019.38
Ranked 121st. 4 times more than East Timor

Current account balance $2.38 billion
Ranked 39th.
$7.13 billion
Ranked 28th. 3 times more than East Timor

Agriculture > Products coffee, rice, corn, cassava (manioc), sweet potatoes, soybeans, cabbage, mangoes, bananas, vanilla sugarcane, coconuts, rice, corn, bananas, cassavas, pineapples, mangoes; pork, eggs, beef; fish
Trade > Imports per capita $208.90
Ranked 38th.
$641.02
Ranked 104th. 3 times more than East Timor

Currency US dollar Philippine peso
GNI per capita $2,940.00
Ranked 43th. 33% more than Philippines
$2,210.00
Ranked 77th.
GDP > Purchasing power parity > Per capita $2,672.60 per capita
Ranked 79th.
$3,756.92 per capita
Ranked 73th. 41% more than East Timor

Trade > Exports per capita $10.17
Ranked 157th.
$542.78
Ranked 100th. 53 times more than East Timor

Current account balance per capita $1,109.91
Ranked 21st. 11 times more than Philippines
$101.77
Ranked 41st.

Tourism > International tourism, number of arrivals 51,000
Ranked 158th.
3.92 million
Ranked 52nd. 77 times more than East Timor

Tax > GDP > Constant LCU per capita 870
Ranked 180th.
65,266.08
Ranked 73th. 75 times more than East Timor

Retail > Gross value added by wholesale, retail trade, restaurants and hotels 216.31 million
Ranked 180th.
48.48 billion
Ranked 32nd. 224 times more than East Timor

Household final > Consumption expenditure > Current US$ per capita 215$
Ranked 142nd.
803.46$
Ranked 86th. 4 times more than East Timor

Budget > Expenditures per capita $733.48
Ranked 97th. 2 times more than Philippines
$361.93
Ranked 110th.

Reserves > Total reserves > Includes gold, current US$ $883.55 million
Ranked 137th.
$83.79 billion
Ranked 25th. 95 times more than East Timor

Stock of broad money None None
Exchange rates the US dollar is used Philippine pesos (PHP) per US dollar -<br />42.23 (2012 est.)<br />43.31 (2011 est.)<br />45.11 (2010 est.)<br />47.68 (2009)<br />44.44 (2008)
Size of economy > Share of world GDP 0.0
Ranked 156th.
0.24%
Ranked 42nd.
Gross fixed capital formation > Current US$ > Per $ GDP 0.32$ per $1 of GDP
Ranked 12th. 2 times more than Philippines
0.149$ per $1 of GDP
Ranked 133th.

Aid per capita > Current US$ 189.37$
Ranked 16th. 28 times more than Philippines
6.76$
Ranked 115th.

GDP > Official exchange rate $6.21 billion
Ranked 4th.
$246.80 billion
Ranked 42nd. 40 times more than East Timor

Investment > Gross fixed 38.4% of GDP
Ranked 8th. 95% more than Philippines
19.7% of GDP
Ranked 99th.

Stock of narrow money None None
GDP > Composition, by sector of origin > Industry 83.2%
Ranked 2nd. 3 times more than Philippines
31.1%
Ranked 73th.
Debt > Net domestic credit > Current LCU -681,168,580.91
Ranked 158th.
5.38 trillion
Ranked 26th.

Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita $74.30
Ranked 121st.
$678.64
Ranked 80th. 9 times more than East Timor

Government spending 111.3 million
Ranked 151st.
12.61 billion
Ranked 38th. 113 times more than East Timor

GDP > Current LCU 349000000 5418840000000
GDP > Composition, by sector of origin > Agriculture 2.8%
Ranked 160th.
11.8%
Ranked 81st. 4 times more than East Timor
Savings > Gross domestic savings > Current US$ per capita $-438.31
Ranked 165th.
$395.32
Ranked 81st.

Tax > Tax payments > Number 18
Ranked 124th.
36
Ranked 54th. Twice as much as East Timor

Gross domestic savings -148,200,000
Ranked 160th.
25.01 billion
Ranked 47th.

Inflation 125.87
Ranked 72nd. 2% more than Philippines
123.27
Ranked 81st.

Income > GNI, PPP > Current international $ per capita $6,230.16
Ranked 92nd. 42% more than Philippines
$4,379.76
Ranked 109th.

Income > GNI per capita, PPP > Current international $ $6,230.00
Ranked 92nd. 42% more than Philippines
$4,380.00
Ranked 109th.

GDP > By type of expenditure > Household consumption expenditure per capita 654.32
Ranked 171st.
1,919.26
Ranked 137th. 3 times more than East Timor

Reserves of foreign exchange and gold $406.20 million
Ranked 153th.
$83.83 billion
Ranked 26th. 206 times more than East Timor

Size of economy > GDP > GDP growth 8.58%
Ranked 11th. 26% more than Philippines
6.81%
Ranked 30th.

GDP > Constant 2000 US$ 336.71 million constant 2000 US$
Ranked 156th.
93.73 billion constant 2000 US$
Ranked 43th. 278 times more than East Timor

Micro > Small and medium enterprises > Number 4,138
Ranked 29th.
808,634
Ranked 2nd. 195 times more than East Timor
GDP > Composition, by end use > Household consumption 12.1%
Ranked 190th.
74.2%
Ranked 61st. 6 times more than East Timor
GDP > CIA Factbook $440.00 million
Ranked 9th.
$390.70 billion
Ranked 25th. 888 times more than East Timor

Debt > Net foreign assets > Current LCU per capita 974.41
Ranked 138th.
33,617.98
Ranked 67th. 35 times more than East Timor

Tax > GDP > Current LCU 1.29 billion
Ranked 179th.
10.56 trillion
Ranked 37th. 8171 times more than East Timor

Economic aid > Recipient $184.70 million
Ranked 72nd.
$451.40 million
Ranked 5th. 2 times more than East Timor

GNI 2.91 billion
Ranked 138th.
184.94 billion
Ranked 36th. 63 times more than East Timor

Development > Human Development Index > Inequality adjusted 0.386
Ranked 93th.
0.524
Ranked 73th. 36% more than East Timor
Tax > GDP > Current US$ per capita $1,068.39
Ranked 147th.
$2,587.02
Ranked 122nd. 2 times more than East Timor

Trade > Exports to US $100,000.00
Ranked 209th.
$2.61 billion
Ranked 21st. 26146 times more than East Timor
Industrial production growth rate 5.5%
Ranked 47th.
6.8%
Ranked 35th. 24% more than East Timor

Purchasing power parity > GDP per capita > PPP > Current international $ $804.94
Ranked 156th.
$3,541.70
Ranked 108th. 4 times more than East Timor

Labor force > By occupation > Agriculture 64%
Ranked 41st. Twice as much as Philippines
32%
Ranked 71st.

Poverty > Poverty gap at national poverty line 11.9%
Ranked 4th. 86% more than Philippines
6.4%
Ranked 2nd.
Labor force > By occupation > Services 26%
Ranked 39th.
53%
Ranked 16th. 2 times more than East Timor

Industrial > Production growth rate 8.5%
Ranked 3rd.
12.1%
Ranked 12th. 42% more than East Timor

Poverty and inequality > Population below national poverty line > Total 49.9%
Ranked 8th. 88% more than Philippines
26.5%
Ranked 20th.

Spending > Household final consumption expenditure per capita > Constant 2000 US$ $402.78
Ranked 105th.
$1,075.68
Ranked 79th. 3 times more than East Timor

Tax > GDP per capita > Constant LCU 870
Ranked 180th.
65,266.08
Ranked 73th. 75 times more than East Timor

Income > GDP per capita, PPP > Current international $ $1,660.33
Ranked 152nd.
$4,338.71
Ranked 119th. 3 times more than East Timor

Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita 178.73
Ranked 166th.
501.3
Ranked 128th. 3 times more than East Timor

GDP > By type of expenditure > Household consumption expenditure 791.88 million
Ranked 177th.
185.61 billion
Ranked 33th. 234 times more than East Timor

Household spending per capita 433.09
Ranked 116th.
880.6
Ranked 69th. 2 times more than East Timor

Commercial bank prime lending rate 12.21%
Ranked 64th. 2 times more than Philippines
5.68%
Ranked 141st.

Trade > Imports $202.00 million
Ranked 43th.
$59.90 billion
Ranked 41st. 297 times more than East Timor

Currency > Official exchange rate > LCU per US$ > Period average 180.1 51.31
GDP > CIA Factbook per capita $504.96
Ranked 9th.
$4,729.76
Ranked 89th. 9 times more than East Timor

Oil > Exports 86,000 bbl/day
Ranked 65th. 42% more than Philippines
60,460 bbl/day
Ranked 73th.

Poverty and inequality > Population in severe poverty 38.7%
Ranked 4th. 7 times more than Philippines
5.7%
Ranked 8th.
GDP > Composition, by end use > Exports of goods and services 79.6%
Ranked 25th. 3 times more than Philippines
30.8%
Ranked 118th.
Purchasing power parity > GNI per capita > PPP > Current international $ $4,730.00
Ranked 94th. 17% more than Philippines
$4,060.00
Ranked 99th.

Income > Health expenditure per capita, PPP > Constant 2005 international $ $82.06
Ranked 161st.
$168.62
Ranked 137th. 2 times more than East Timor

Tax > GDP > Current LCU per capita 1,068.39
Ranked 184th.
109,246.61
Ranked 78th. 102 times more than East Timor

Spending > Household final consumption expenditure > Current US$ per capita $579.40
Ranked 138th.
$1,919.26
Ranked 90th. 3 times more than East Timor

Debt > Strength of legal rights index > 0=weak to 10=strong per million 1.65
Ranked 63th. 40 times more than Philippines
0.0414
Ranked 179th.

Oil > Production 87,500 bbl/day
Ranked 50th. 3 times more than Philippines
33,110 bbl/day
Ranked 66th.

Economy growth 1.9
Ranked 65th. 79% more than Philippines
1.06
Ranked 71st.

Trade > Exports > Exports of goods and services 5.01 billion
Ranked 117th.
77.07 billion
Ranked 51st. 15 times more than East Timor

Purchasing power parity > Gross domestic product per capita > PPP 730.93
Ranked 155th.
3,216.09
Ranked 107th. 4 times more than East Timor

GDP > CIA Factbook > Per capita $558.85 per capita
Ranked 9th.
$4,873.62 per capita
Ranked 93th. 9 times more than East Timor

Household spending 353.1 million
Ranked 151st.
81 billion
Ranked 33th. 229 times more than East Timor

Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita $821.34
Ranked 104th.
$2,450.77
Ranked 77th. 3 times more than East Timor

GDP > Composition, by end use > Government consumption 20.9%
Ranked 36th. Twice as much as Philippines
10.5%
Ranked 161st.
GDP > Per $ GDP $2,672.60 per $1 of GDP
Ranked 79th.
$3,756.92 per $1 of GDP
Ranked 73th. 41% more than East Timor

Spending > Household final consumption expenditure, etc. > Current US$ $641.90 million
Ranked 157th.
$185.61 billion
Ranked 34th. 289 times more than East Timor

Entrepreneurship > Starting a Business > Index ranking 141
Ranked 15th. 58% more than Philippines
89
Ranked 66th.
GDP > Constant 2000 US$ per capita 342.49 constant 2000 US$
Ranked 141st.
1,092.12 constant 2000 US$
Ranked 101st. 3 times more than East Timor

Gross domestic savings > Current US$ -42,400,000$
Ranked 146th.
10.39 billion$
Ranked 54th.

GNI > Current US$ per capita 561.47$
Ranked 130th.
1,251.32$
Ranked 104th. 2 times more than East Timor

Poverty and inequality > Multidimensional poverty index 0.36
Ranked 4th. 6 times more than Philippines
0.064
Ranked 9th.
Trade > Exports $10.00 million
Ranked 166th.
$50.72 billion
Ranked 52nd. 5072 times more than East Timor

Purchasing power parity > GDP > PPP > Current international $ $912.47 million
Ranked 153th.
$325.78 billion
Ranked 33th. 357 times more than East Timor

Gross national expenditure > Constant 2000 US$ per capita 478.71 constant 2000 US$
Ranked 99th.
1,102.74 constant 2000 US$
Ranked 70th. 2 times more than East Timor

Entrepreneurship > Hiring and Firing > Index ranking 50
Ranked 104th.
82
Ranked 72nd. 64% more than East Timor
Income > GDP, PPP > Current international $ per capita $1,660.33
Ranked 152nd.
$4,338.71
Ranked 119th. 3 times more than East Timor

Imports > Commodities food, gasoline, kerosene, machinery electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults 3.61
Ranked 151st.
19.31
Ranked 110th. 5 times more than East Timor

Inflation > Consumer price index > 2005 = 100 170.53
Ranked 50th. 24% more than Philippines
137.24
Ranked 95th.

GDP > Constant LCU 336712500 1209473000000
Gross domestic savings > Current US$ > Per $ GDP -125.074$ per $1,000 of GDP
Ranked 154th.
104.97$ per $1,000 of GDP
Ranked 100th.

Poverty and inequality > Inequality adjusted income index 0.485
Ranked 58th. 29% more than Philippines
0.375
Ranked 87th.
Labor force per thousand people 0.357
Ranked 67th. 942 times more than Philippines
0.000378
Ranked 170th.

Trade > Imports > Imports of goods and services 2.32 billion
Ranked 156th.
85.03 billion
Ranked 40th. 37 times more than East Timor

Household final > Consumption expenditure per capita > Constant 2000 US$ 217.88 constant 2000 US$
Ranked 118th.
796.47 constant 2000 US$
Ranked 74th. 4 times more than East Timor

GNI > Atlas method > Current US$ per capita 598.51$
Ranked 121st.
1,278.2$
Ranked 97th. 2 times more than East Timor

Income > GNI, PPP > Current international $ $7.54 billion
Ranked 135th.
$423.55 billion
Ranked 29th. 56 times more than East Timor

Income > Household final consumption expenditure, PPP > Constant 2005 international $ $965.80 million
Ranked 120th.
$237.01 billion
Ranked 27th. 245 times more than East Timor

Income > GDP, PPP > Current international $ $2.01 billion
Ranked 161st.
$419.58 billion
Ranked 31st. 209 times more than East Timor

Currency > Monetary unit 1 US dollar = 100 cents 1 Philippine peso = 100 centavos
Budget > Expenditures > Per $ GDP $0.21 per $1 of GDP
Ranked 11th. 24% more than Philippines
$0.17 per $1 of GDP
Ranked 121st.

Taxes and other revenues 24.1% of GDP
Ranked 117th. 64% more than Philippines
14.7% of GDP
Ranked 170th.

Oil > Proved reserves 553.8 million bbl
Ranked 45th. 4 times more than Philippines
138.5 million bbl
Ranked 62nd.

Companies > Ease of doing business index > 1=most business-friendly regulations 172
Ranked 18th. 59% more than Philippines
108
Ranked 81st.

Natural gas > Production 0.0
Ranked 191st.
3.15 billion cu m
Ranked 45th.

GDP deflator 103.65
Ranked 164th.
448.03
Ranked 39th. 4 times more than East Timor

Oil > Consumption 2,600 bbl/day
Ranked 183th.
310,000 bbl/day
Ranked 40th. 119 times more than East Timor

Tourism > International tourism, receipts > Current US$ $21.00 million
Ranked 150th.
$3.80 billion
Ranked 53th. 181 times more than East Timor

Spending > Final consumption expenditure > Constant 2000 US$ per capita $1,004.18
Ranked 84th.
$1,227.51
Ranked 77th. 22% more than East Timor

Currency > GDP > Constant 2000 US$ per capita $682.41
Ranked 150th.
$1,501.07
Ranked 125th. 2 times more than East Timor

Tax > GDP > Current US$ $1.29 billion
Ranked 160th.
$250.18 billion
Ranked 39th. 193 times more than East Timor

Budget > Expenditures > Per capita $745.55 per capita
Ranked 53th. 2 times more than Philippines
$359.74 per capita
Ranked 62nd.

GDP > Composition, by end use > Investment in inventories 2.8%
Ranked 22nd.
-0.9%
Ranked 166th.
Purchasing power parity > GNI > PPP > Current international $ $5.19 billion
Ranked 134th.
$373.76 billion
Ranked 27th. 72 times more than East Timor

Oil > Exports per thousand people 77.47 bbl/day
Ranked 18th. 118 times more than Philippines
0.658 bbl/day
Ranked 98th.

GDP > Constant 2000 US$ > Per capita 345.16 constant 2000 US$ per c
Ranked 142nd.
1,128.51 constant 2000 US$ per c
Ranked 102nd. 3 times more than East Timor

Final > Consumption expenditure > Etc. > Current US$ 381.4 million$
Ranked 152nd.
88.63 billion$
Ranked 34th. 232 times more than East Timor

National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $324.51
Ranked 144th.
$1,214.75
Ranked 105th. 4 times more than East Timor

Income > GDP per capita, PPP > Constant 2005 international $ $1,454.58
Ranked 152nd.
$3,801.06
Ranked 119th. 3 times more than East Timor

Oil > Consumption per thousand people 2.28 bbl/day
Ranked 171st.
3.32 bbl/day
Ranked 159th. 46% more than East Timor

Budget > Revenues > Per $ GDP $0.32 per $1 of GDP
Ranked 6th. 95% more than Philippines
$0.16 per $1 of GDP
Ranked 122nd.

Economic aid > Recipient per capita $187.87
Ranked 17th. 36 times more than Philippines
$5.17
Ranked 10th.

Natural gas > Production per capita 0.0
Ranked 176th.
34.28 cu m
Ranked 56th.

Currency > DEC alternative conversion factor > LCU per US$ 1 54.72
Labor force > By occupation > Industry 10%
Ranked 143th.
15%
Ranked 118th. 50% more than East Timor

GDP > Composition, by end use > Investment in fixed capital 14.6%
Ranked 166th.
19.4%
Ranked 124th. 33% more than East Timor
Poverty and inequality > Population vulnerable to poverty > Proportion 18.2%
Ranked 7th. Twice as much as Philippines
9.1%
Ranked 10th.
Poverty and inequality > Causes of poverty > Health 31%
Ranked 6th.
56.5%
Ranked 1st. 82% more than East Timor
Reserves > Total reserves minus gold > Current US$ $883.55 million
Ranked 133th.
$73.48 billion
Ranked 23th. 83 times more than East Timor

Spending > Household final consumption expenditure > Constant 2000 US$ per capita $402.78
Ranked 105th.
$1,075.68
Ranked 79th. 3 times more than East Timor

Spending > Final consumption expenditure > Constant 2000 US$ $1.18 billion
Ranked 113th.
$118.71 billion
Ranked 41st. 101 times more than East Timor

Savings > Gross domestic savings > Current US$ $-515,400,000.00
Ranked 156th.
$38.23 billion
Ranked 46th.

Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 151.69
Ranked 102nd.
536.19
Ranked 22nd. 4 times more than East Timor

World Bank exchange rate 1
Ranked 149th.
47.64
Ranked 62nd. 48 times more than East Timor

Private investment > Telecommunications 0.0
Ranked 121st.
1.21 billion
Ranked 16th.

Electricity > Imports per capita 0.0
Ranked 154th.
0.0
Ranked 128th.

Stock of money $74.94 million
Ranked 156th.
$21.27 billion
Ranked 41st. 284 times more than East Timor
Gross fixed capital formation > Current US$ per capita 113.6$
Ranked 112th.
172.06$
Ranked 102nd. 51% more than East Timor

Gross national expenditure > Current US$ > Per $ GDP 1.41$ per $1 of GDP
Ranked 8th. 35% more than Philippines
1.05$ per $1 of GDP
Ranked 77th.

Household final > Consumption expenditure > Constant 2000 US$ per capita 208.34 constant 2000 US$
Ranked 117th.
770.79 constant 2000 US$
Ranked 74th. 4 times more than East Timor

Foreign aid > From United States 32.74 million
Ranked 66th.
71.26 million
Ranked 42nd. 2 times more than East Timor

Foreign aid > From Switzerland 260,000
Ranked 85th.
290,000
Ranked 83th. 12% more than East Timor

Foreign aid > Net Foreign aid received > Current US$ $277.54 million
Ranked 73th. 5 times more than Philippines
$60.89 million
Ranked 105th.

Foreign aid > International assistance received per capita 252.68
Ranked 16th. 377 times more than Philippines
0.67
Ranked 132nd.

GNI > Atlas method > Current US$ > Per capita 603.16$ per capita
Ranked 122nd.
1,320.78$ per capita
Ranked 97th. 2 times more than East Timor

Income > GDP, PPP > Constant 2005 international $ per capita $1,454.58
Ranked 152nd.
$3,801.06
Ranked 119th. 3 times more than East Timor

Income > GNI per capita, PPP > Constant 2005 international $ $1,780.47
Ranked 141st.
$3,835.49
Ranked 77th. 2 times more than East Timor

Income > GNI, PPP > Constant 2005 international $ $1.75 billion
Ranked 161st.
$370.92 billion
Ranked 27th. 212 times more than East Timor

Oil > Production per thousand people 76.59 bbl/day
Ranked 19th. 216 times more than Philippines
0.354 bbl/day
Ranked 98th.

Gross savings > Current US$ per capita 95.85$
Ranked 96th.
352.3$
Ranked 66th. 4 times more than East Timor

Poverty and inequality > Population in multidimensional poverty > Proportion 68.1%
Ranked 5th. 5 times more than Philippines
13.4%
Ranked 10th.
Poverty and inequality > Population below national poverty line > Urban 45.2%
Ranked 5th. 2 times more than Philippines
21.5%
Ranked 4th.

Micro > Small and medium enterprises > Number per 1000 4.28
Ranked 25th.
9.79
Ranked 12th. 2 times more than East Timor
Oil > Imports 2,205 bbl/day
Ranked 170th.
338,400 bbl/day
Ranked 3rd. 153 times more than East Timor

Oil > Imports per thousand people 1.99 bbl/day
Ranked 141st.
3.62 bbl/day
Ranked 7th. 82% more than East Timor

Trade balance with US $700,000.00
Ranked 85th.
$-524,600,000.00
Ranked 194th.
Services > Etc. > Value added > Constant 2000 US$ 179.3 million constant 2000 US$
Ranked 145th.
52.16 billion constant 2000 US$
Ranked 32nd. 291 times more than East Timor

Gross national expenditure > Constant 2000 US$ 462.9 million constant 2000 US$
Ranked 119th.
94.64 billion constant 2000 US$
Ranked 28th. 204 times more than East Timor

Gross fixed capital formation > Current US$ 111.68 million$
Ranked 137th.
14.77 billion$
Ranked 48th. 132 times more than East Timor

Household final > Consumption expenditure > Current US$ > Per capita 224.84$ per capita
Ranked 142nd.
830.23$ per capita
Ranked 87th. 4 times more than East Timor

Household final > Consumption expenditure > Current US$ 207.9 million$
Ranked 154th.
68.95 billion$
Ranked 36th. 332 times more than East Timor

Household final > Consumption expenditure > Etc. > Constant 2000 US$ per capita 208.34 constant 2000 US$
Ranked 107th.
798.34 constant 2000 US$
Ranked 66th. 4 times more than East Timor

Tax > Time to prepare and pay taxes > Hours 276
Ranked 62nd. 42% more than Philippines
195
Ranked 108th.

Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU 192.66 million
Ranked 144th.
3.61 trillion
Ranked 28th. 18720 times more than East Timor

Natural gas > Consumption 0.0
Ranked 192nd.
3.15 billion cu m
Ranked 60th.

Natural gas > Proved reserves per capita 197,153.3 cu m
Ranked 1st. 190 times more than Philippines
1,036.68 cu m
Ranked 72nd.

Natural gas > Proved reserves 200 billion cu m
Ranked 1st. 2 times more than Philippines
98.54 billion cu m
Ranked 50th.

Micro > Small and medium enterprises > Per 1,000 people 4.48 per 1,000 people
Ranked 25th.
10.09 per 1,000 people
Ranked 12th. 2 times more than East Timor
Tourism > International tourism, receipts for travel items > Current US$ per capita $17.86
Ranked 132nd.
$33.16
Ranked 121st. 86% more than East Timor

Tourism > International tourism, expenditures > Current US$ $60.00 million
Ranked 133th.
$4.40 billion
Ranked 44th. 73 times more than East Timor

Companies > Ease of doing business index > 1=most business-friendly regulations per million 137.99
Ranked 31st. 100 times more than Philippines
1.38
Ranked 154th.
Foreign aid > From European Commission 27.37 million
Ranked 76th.
58.22 million
Ranked 49th. 2 times more than East Timor

Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate 12.31%
Ranked 11th. 3 times more than Philippines
4.26%
Ranked 75th.

Trade > Exports > Per $ GDP $0.03 per $1 of GDP
Ranked 151st.
$0.40 per $1 of GDP
Ranked 54th. 14 times more than East Timor

Tax > Tax payments > Number per million 14.87
Ranked 46th. 31 times more than Philippines
0.486
Ranked 149th.

Purchasing power parity > GDP > PPP > Constant 2005 international $ $828.58 million
Ranked 152nd.
$295.83 billion
Ranked 32nd. 357 times more than East Timor

Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ $0.56
Ranked 149th.
$27.13
Ranked 52nd. 48 times more than East Timor

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbooks 2010, 2011, 2012, 2013; CIA World Factbooks 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data, and OECD National Accounts data files.; CIA World Factbook 2010, 2011, 2012, 2013; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data, and OECD National Accounts data files. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; CIA World Factbooks 18 December 2003 to 28 March 2011; Human Development Report 2006, United Nations Development Programme; All CIA World Factbooks 18 December 2003 to 18 December 2008; International Monetary Fund, International Financial Statistics. World Bank World Development Indicators.; 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).; United Nations Development Programme. Source tables; CIA World Factbook 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, International Financial Statistics and data files. World Bank World Development Indicators.; World Bank national accounts data, and OECD National Accounts data files.; British Broadcasting Corporation 2014; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data; World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Development Indicators database; The Heritage Foundation; World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division; Wikipedia: World distribution of wealth (North America); World Bank, Doing Business project (http://www.doingbusiness.org/).; International Monetary Fund, International Financial Statistics and data files.; World Bank, International Comparison Program database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank, International Comparison Program database.; United Nations Statistics Division. Source tables. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; The World Bank. Source tables; International Monetary Fund, International Financial Statistics and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Development Programme. Source tables; US Census Bureau; World Bank, Development Research Group. Data are based on World Bank's country poverty assessments and country Poverty Reduction Strategies.; United Nations Statistics Division. Source tables; United Nations Statistics Division. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; All CIA World Factbooks 18 December 2003 to 18 December 2008. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Development Programme. Source tables; World Health Organization National Health Account database (see http://apps.who.int/nha/database/DataExplorerRegime.aspx for the most recent updates).; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; Doing Business, Economy Rankings, 2005.; International Monetary Fund, Financial Access Survey. World Bank World Development Indicators.; United Nations Statistics Division. Source tables; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Development Programme. Source tables; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; World Bank, Private Participation in Infrastructure Project Database (http://ppi.worldbank.org).; Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, and International Development Statistics database. Data are available online at: www.oecd.org/dac/stats/idsonline.; Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, and International Development Statistics database. Data are available online at: www.oecd.org/dac/stats/idsonline. World Bank population estimates are used for the denominator.; United Nations Statistics Division. Source tables

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