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Economy Stats: compare key data on Trinidad and Tobago & United States

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Definitions

  • Budget > Revenues: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Budget surplus > + or deficit > -: This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits.
  • Debt > Government debt > Public debt, share of GDP: Public debt as % of GDP (CIA).

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

  • Overview: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
  • Exports: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • GDP: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • GDP > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
  • GDP > Purchasing power parity per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Figures expressed per capita for the same year.
  • GDP per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Gross National Income: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop).
  • Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
  • Population below poverty line: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations.
  • Public debt: This entry records the cumulatiive total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
  • Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
  • GDP > Composition, by sector of origin > Services: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Exports per capita: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Human Development Index: The human development index values in this table were calculated using a consistent methodology and consistent data series. They are not strictly comparable with those in earlier Human Development Reports.
  • Tourist arrivals > Per capita: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival." Per capita figures expressed per 1,000 population.
  • GDP > Purchasing power parity: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.
  • Currency > PPP conversion factor to official exchange rate ratio: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar). The ratio of the PPP conversion factor to the official exchange rate (also referred to as the national price level) makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.
  • Fiscal year: The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
  • GDP > Composition by sector > Industry: The gross domestic product (GDP) or value of all final goods produced by the industrial sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • Currency > Official exchange rate > LCU per US$, period average: Official exchange rate (LCU per US$, period average). Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • Inequality > GINI index: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality."
  • Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Gross National Income per capita: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop). Figures expressed per capita for the same year.
  • Technology index: The technology index denotes the country's technological readiness. This index is created with such indicators as companies spending on R&D, the creativity of its scientific community, personal computer and internet penetration rates.
  • Development > Human Development Index: Human Development Index trends, 1980-2012.
  • Population below poverty line > Per capita: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Per capita figures expressed per 1 million population.
  • GDP > Per capita > PPP per thousand people: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Figures expressed per thousand people for the same year.
  • Exports > Commodities: This entry provides a listing of the highest-valued exported products; it sometimes includes the percent of total dollar value.
  • Poverty and inequality > Richest quintile to poorest quintile ratio: The ratio of average income of the richest 20% of the population to the average income of the poorest 20% of the population.
  • Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Budget > Expenditures: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • GINI index: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.
  • Reserves of foreign exchange and gold per capita: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund. Figures expressed per capita for the same year.
  • Debt > Net foreign assets > Current LCU: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency.
  • Tourist arrivals: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival."
  • Budget > Revenues > Per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
  • Inbound tourism income > Current US$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars."
  • Tax > Tax rates: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
  • GDP per person: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
  • Exports > Main exports: Country main exports.
  • Budget > Revenues per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Gross National Income > Per $ GDP: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop Per $ GDP figures expressed per $100 of Gross Domestic Product.
  • Debt > External: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services.
  • Gross domestic savings > Current US$ per capita: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Debt > External > Per capita: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per capita figures expressed per 1 population.
  • GDP > Composition by sector > Services: The gross domestic product (GDP) or value of all final services produced within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • Tax > GDP > Constant LCU: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Tourism > International tourism, number of arrivals per capita: International tourism, number of arrivals. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival. Figures expressed per capita for the same year.
  • International tourism > Receipts > Current US$ > Per $ GDP: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Consumer spending: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources."
  • Consumer price index: Consumer price index reflects changes in the cost to the average consumer of acquiring a fixed basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
    2000 = 100
  • GDP > Composition by sector > Agriculture: The gross domestic product (GDP) or value of all final goods produced by the agricultural sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • GDP per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Industries: A rank ordering of industries starting with the largest by value of annual output.
  • GDP > Composition, by end use > Imports of goods and services: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
  • GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors. Data are in current U.S. dollars."
  • Labor force: This entry contains the total labor force figure.
  • GDP > Real growth rate: GDP growth on an annual basis adjusted for inflation and expressed as a percent.
  • Debt > Government debt > Gross government debt, share of GDP: Gross government debt as % of GDP (IMF).

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

  • Debt > Central government debt, total > Current LCU: Central government debt, total (current LCU). Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • International tourism > Number of arrivals: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited.
  • Economic growth > Per capita: Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Foreign direct investment > Net > BoP > Current US$ per capita: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • Micro > Small and medium enterprises > Number > Per capita: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Per capita figures expressed per 1,000 population.
  • Economic freedom: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
  • GDP > Official exchange rate per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed. Figures expressed per capita for the same year.
  • Stock of direct foreign investment > At home: This entry gives the cumulative US dollar value of all investments in the home country made directly by residents - primarily companies - of other countries as of the end of the time period indicated. Direct investment excludes investment through purchase of shares.
  • Current account balance: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Trade > Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Currency: The national medium of exchange and its basic sub-unit.
  • Current account balance > BoP > Current US$ per capita: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • GNI per capita: Country GNI per capita.
  • GDP > Purchasing power parity > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • Companies > Listed domestic companies, total: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles.
  • Trade > Exports per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Figures expressed per capita for the same year.
  • Current account balance per capita: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency.
  • Tourism > International tourism, number of arrivals: International tourism, number of arrivals. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival.
  • Gross national saving: Gross national saving is derived by deducting final consumption expenditure (household plus government) from Gross national disposable income, and consists of personal saving, plus business saving (the sum of the capital consumption allowance and retained business profits), plus government saving (the excess of tax revenues over expenditures), but excludes foreign saving (the excess of imports of goods and services over exports). The figures are presented as a percent of GDP. A negative number indicates that the economy as a whole is spending more income than it produces, thus drawing down national wealth (dissaving).
  • Tax > GDP > Constant LCU per capita: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency. Figures expressed per capita for the same year.
  • Retail > Gross value added by wholesale, retail trade, restaurants and hotels: Gross Value Added by Kind of Economic Activity at current prices - US dollars.
  • Companies > Market capitalization of listed companies > Current US$ per capita: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Market capitalization of listed companies > Current US$ per capita: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Household final > Consumption expenditure > Current US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Budget > Expenditures per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Reserves > Total reserves > Includes gold, current US$: Total reserves (includes gold, current US$). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.
  • Exchange rates: The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.
  • Debt > External per capita: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Figures expressed per capita for the same year.
  • Size of economy > Share of world GDP : Percent of world GDP (exchange rates).

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  • Gross fixed capital formation > Current US$ > Per $ GDP: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Exports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
  • GDP > Official exchange rate: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed.
  • GDP per capita > PPP > Constant 2000 international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars.
  • Investment > Gross fixed: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.
  • Income receipts > BoP > Current US$ per capita: Income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Bank liquid > Reserves to bank assets ratio: Ratio of bank liquid reserves to bank assets is the ratio of domestic currency holdings and deposits with the monetary authorities to claims on other governments, nonfinancial public enterprises, the private sector, and other banking institutions.
  • GDP > Composition, by sector of origin > Industry: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Debt > Net domestic credit > Current LCU: Net domestic credit (current LCU). Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy (IFS line 32). Data are in current local currency.
  • Government spending: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2000 U.S. dollars."
  • Net current transfers from abroad > Constant LCU: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.
  • Foreign direct investment > Net inflows > BoP > Current US$ per capita: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows in the reporting economy. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • GDP > Current LCU: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • High-technology > Exports > Current US$ > Per capita: High-technology exports are products with high research and development intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars." Per capita figures expressed per 1,000 population.
  • GDP > Composition, by sector of origin > Agriculture: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Savings > Gross domestic savings > Current US$ per capita: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tax > Tax payments > Number: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.
  • Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
  • Gross domestic savings: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • Inflation: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used."
  • Outbound tourist spending: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars."
  • Income > GNI 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.
  • Income > GNI, PPP > Current international $ per capita: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. Figures expressed per capita for the same year.
  • GDP > By type of expenditure > Household consumption expenditure per capita: GDP by Type of Expenditure at current prices - US dollars. Figures expressed per capita for the same year.
  • Reserves of foreign exchange and gold: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.
  • Size of economy > GDP > GDP growth: GDP growth (annual %).
  • GDP > Constant 2000 US$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • International tourism > Expenditures > Current US$ per capita: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Purchasing power parity conversion factor > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States.
  • 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
    .
  • Current transfers > Receipts > BoP > Current US$: Current transfers (receipts) are recorded in the balance of payments whenever an economy receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
  • Innovation > Patent applications, residents per million: Patent applications, residents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years. Figures expressed per million population for the same year.
  • Tax > Taxes on income, profits and capital gains > Current LCU: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Debt > Net current transfers from abroad > Current LCU: Net current transfers from abroad (current LCU). Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.
  • Debt > Government debt > Net government debt, share of GDP: Net government debt as % of GDP (IMF).
  • Saving rate: ""Saving rate"" or gross savings are calculated as gross national income less total consumption, plus net transfers."
  • GDP > PPP > Constant 2000 international $ per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars. Figures expressed per capita for the same year.
  • International tourism > Number of departures: International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited.
  • Debt > Central government debt, total > Current LCU per capita: Central government debt, total (current LCU). Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Figures expressed per capita for the same year.
  • Net income > BoP > Current US$ > Per capita: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
  • Poverty and inequality > Poorest's share in national income or consumption: Percentage of country's total income or consumption that belongs to the poorest 5% of its citizens.
  • Debt > Net foreign assets > Current LCU per capita: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency. Figures expressed per capita for the same year.
  • Tax > GDP > Current LCU: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • GDP > PPP per capita: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004. Figures expressed per capita for the same year.
  • GNI: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
  • GDP > PPP: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.
  • Development > Human Development Index > Inequality adjusted: Inequality-adjusted Human Development Index.
  • Market capitalization of listed companies > Current US$: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars.
  • Companies > Listed domestic companies, total per million: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles. Figures expressed per million population for the same year.
  • Tax > GDP > Current US$ per capita: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Industrial production growth rate: This entry gives the annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Purchasing power parity > GDP per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • World trade > Exports: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars."
  • Companies > Stock market > Stocks traded, total value > Current US$ per capita: Stocks traded, total value (current US$). Stocks traded refers to the total value of shares traded during the period. Figures expressed per capita for the same year.
  • Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
  • Industrial > Production growth rate: The annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Tax > Taxes on income, profits and capital gains > Current LCU per capita: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Figures expressed per capita for the same year.
  • Tax > GDP per capita > Constant LCU: GDP per capita (constant LCU). GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Spending > Household final consumption expenditure per capita > Constant 2000 US$: Household final consumption expenditure per capita (constant 2000 US$). Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2005 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars.
  • Income > GDP per capita, PPP > Current international $: GDP per capita, PPP (current international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Debt > Interest rates > Central bank discount rate: Compares the annualized interest rate set by centrals banks over loans requested by commercial banks to meet temporary shortages of funds. Through these loans, central banks can influence the commercial banks' interest rates as a tool of monetary policy. Usually their interest rates are lower than the ones offered by commercial banks, which lend it at a higher rate to make their profit.
  • Technological achievement: Technology Achievement Index
    Units: Score
  • Currency > Real effective exchange rate index > 2005 = 100: Real effective exchange rate index (2005 = 100). Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
  • Net domestic credit > Current LCU: Net domestic credit is the sum of net credit to the nonfinancial public sector, credit to the private sector, and other accounts. Data are in current local currency.
  • International tourism > Receipts > Current US$ per capita: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita: Gross Value Added by Kind of Economic Activity at current prices - US dollars. Figures expressed per capita for the same year.
  • GDP > By type of expenditure > Household consumption expenditure: GDP by Type of Expenditure at current prices - US dollars.
  • Household spending per capita: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
  • Companies > Market capitalization of listed companies > Current US$: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars.
  • Current account balance > BoP > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars.
  • Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Currency > Real effective exchange rate index: Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
    2000 = 100
  • Currency > Official exchange rate > LCU per US$ > Period average: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • Oil > Exports: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
    Additional details:
    • Bahamas, The: transshipments of 41,570 bbl/day (2007)
    • Bahamas, The: transshipments of 41,610 bbl/day (2009)
  • GDP > CIA Factbook per capita: . Figures expressed per capita for the same year.
  • 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.
  • Debt > Interest payments > Current LCU: Interest payments (current LCU). Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.
  • Innovation: Innovation
    Units: Unitless Scale
  • Electricity > Consumption per capita: This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. Figures expressed per capita for the same year.
  • Market capitalization of listed companies > Current US$ > Per $ GDP: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • GDP > CIA Factbook > Per capita: Per capita figures expressed per 1 population.
  • Household spending: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
  • Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita: Household final consumption expenditure, PPP (constant 2005 international $). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates. Figures expressed per capita for the same year.
  • GDP > Composition, by end use > Government consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
  • GDP > Per $ GDP: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Spending > Household final consumption expenditure, etc. > Current US$: Household final consumption expenditure, etc. (current US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • 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.
  • 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.
  • 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.
  • Income > GDP, PPP > Current international $ per capita: GDP, PPP (current international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. Figures expressed per capita for the same year.
  • Total > Reserves in months of imports: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. This item shows reserves expressed in terms of the number of months of imports of goods and services which could be paid for.
  • Imports > Commodities: This entry provides a listing of the highest-valued imported products; it sometimes includes the percent of total dollar value.
  • Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults: Automated teller machines (ATMs) (per 100,000 adults). Automated teller machines are computerized telecommunications devices that provide clients of a financial institution with access to financial transactions in a public place.
  • Inflation > Consumer price index > 2005 = 100: Consumer price index (2005 = 100). Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • GDP > Constant LCU: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Gross domestic savings > Current US$ > Per $ GDP: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Poverty and inequality > Inequality adjusted income index: Inequality-adjusted Human Development Index.
  • Trade > Export growth: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
  • Welfare > Social contributions > Current LCU: Social contributions (current LCU). Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.
  • Welfare > Revenue, excluding grants > Current LCU: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
  • Labor force per thousand people: This entry contains the total labor force figure. Figures expressed per thousand people for the same year.
  • Trade > Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Debt > Government debt > Net government debt, share of GDP per million people: Net government debt as % of GDP (IMF). Figures expressed per million people for the same year.
  • Household final > Consumption expenditure per capita > Constant 2000 US$: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars.
  • Public institution index: Public institution index indicates the state of the country's public institutions.
  • GNI > Atlas method > Current US$ per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States. Figures expressed per capita for the same year.
  • Income > Household final consumption expenditure, PPP > Constant 2005 international $: Household final consumption expenditure, PPP (constant 2005 international $). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates.
  • Income > GNI, PPP > Current international $: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Income > GDP, PPP > Current international $: GDP, PPP (current international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Currency > Monetary unit: Country currency.
  • Budget > Expenditures > Per $ GDP: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
  • Taxes and other revenues: This entry records total taxes and other revenues received by the national government during the time period indicated, expressed as a percent of GDP. Taxes include personal and corporate income taxes, value added taxes, excise taxes, and tariffs. Other revenues include social contributions - such as payments for social security and hospital insurance - grants, and net revenues from public enterprises. Normalizing the data, by dividing total revenues by GDP, enables easy comparisons across countries, and provides an average rate at which all income (GDP) is paid to the national level government for the supply of public goods and services.
  • Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
  • Balance of payments > Financial > Reserves: Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. These include changes in holdings of monetary gold, SDRs, foreign exchange assets, reserve position in the International Monetary Fund, and other claims on nonresidents that are available to the central authority. The measure is net of liabilities constituting foreign authorities' reserves, and counterpart items for valuation changes and exceptional financing items. Data are in current U.S. dollars."
  • Balance of payments > Current account > Balances > Current account balance > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars."
  • Government > Sovereign wealth funds > Assets: Assets (US$Billion).

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

  • Oil > Proved reserves: This entry is the stock of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
  • Companies > Ease of doing business index > 1=most business-friendly regulations: Ease of doing business index (1=most business-friendly regulations). Ease of doing business ranks economies from 1 to 189, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.
  • Natural gas > Production: This entry is the total natural gas produced in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
  • GDP deflator: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • Oil > Consumption: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • Tourism > International tourism, receipts > Current US$: International tourism, receipts (current US$). International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.
  • Electricity > Consumption: This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
  • Spending > Final consumption expenditure > Constant 2000 US$ per capita: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Currency > GDP > Constant 2000 US$ per capita: GDP (constant 2000 US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Tax > GDP > Current US$: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Portfolio investment > Excluding LCFAR > BoP > Current US$: Portfolio investment excluding liabilities constituting foreign authorities' reserves covers transactions in equity securities and debt securities. Data are in current U.S. dollars.
  • Net trade in goods and services > BoP > Current US$: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
  • Net capital account > BoP > Current US$: Net capital account includes government debt forgiveness, investment grants in cash or in kind by a government entity, and taxes on capital transfers. Also included are migrants' capital transfers and debt forgiveness and investment grants by nongovernmental entities. Data are in current U.S. dollars.
  • Budget > Expenditures > Per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
  • GDP > Composition, by end use > Investment in inventories: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
  • Purchasing power parity > GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Debt > External > Per $ GDP: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • High-technology > Exports > Current US$: High-technology exports are products with high research and development intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars."
  • Oil > Exports per thousand people: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
    Additional details:
    • Bahamas, The: transshipments of 41,570 bbl/day (2007)
    • Bahamas, The: transshipments of 41,610 bbl/day (2009)
    . Figures expressed per thousand people for the same year.
  • Final > Consumption expenditure > Etc. > Current US$: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • Gross National Income > Constant LCU: Gross national income is derived as the sum of GNP and the terms of trade adjustment. Data are in constant local currency.
  • GDP > Constant 2000 US$ > Per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Per capita figures expressed per 1 population.
  • National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • Income > GDP per capita, PPP > Constant 2005 international $: GDP per capita, PPP (constant 2005 international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • Scientific and technical journals > Articles published: Scientific and technical journal articles refer to the number of scientific and engineering articles published in the following fields: physics, biology, chemistry, mathematics, clinical medicine, biomedical research, engineering and technology, and earth and space sciences."
  • Foreign direct investment > Net > BoP > Current US$ > Per capita: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
  • Net income > BoP > Current US$: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars.
  • Goods imports > BoP > Current US$: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars.
  • GDP per unit of energy use: GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2000 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.
  • Oil > Consumption per thousand people: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
  • Budget > Revenues > Per $ GDP: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
  • Natural gas > Production per capita: This entry is the total natural gas produced in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors. Figures expressed per capita for the same year.
  • International tourism > Expenditures for travel items > Current US$: International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars."
  • Government spending > Subsidies and other transfers > Current LCU per capita: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind. Figures expressed per capita for the same year.
  • Government spending > Subsidies and other transfers > Current LCU: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.
  • Tax > Taxes on international trade > Current LCU: Taxes on international trade (current LCU). Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.
  • Currency > DEC alternative conversion factor > LCU per US$: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.
  • Stocks traded > Total value > Current US$: Stocks traded refers to the total value of shares traded during the period.
  • GDP > Composition, by end use > Investment in fixed capital: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
    .
  • Trade > Exports > Goods and services: Exports of goods and services as a % of GDP, 2000
  • Royalty and license fees > Payments > BoP > Current US$: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars.
  • Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Foreign direct investment > Net > BoP > Current US$: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars.
  • Stock of direct foreign investment > At home per capita: This entry gives the cumulative US dollar value of all investments in the home country made directly by residents - primarily companies - of other countries as of the end of the time period indicated. Direct investment excludes investment through purchase of shares. Figures expressed per capita for the same year.
  • Spending > Final consumption expenditure > Constant 2000 US$: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars.
  • Spending > Household final consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (constant 2000 US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Reserves > Total reserves minus gold > Current US$: Total reserves minus gold (current US$). Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars.
  • Savings > Gross domestic savings > Current US$: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • World Bank exchange rate: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar."
  • Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • Balance of payments > Current account > Balances > Net trade in goods > US$: Net trade in goods is the difference between exports and imports of goods. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Trade in services is not included. Data are in current U.S. dollars."
  • Trade > Exports > Goods: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
  • Electricity > Production: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
  • Electricity > Imports per capita: This entry is the total imported electricity in kilowatt-hours. Figures expressed per capita for the same year.
  • Gross 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.
  • 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.
  • Patent applications > Residents: Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years."
  • GNI > Atlas method > Current US$ > Per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States. Per capita figures expressed per 1 population.
  • Income > GNI, PPP > Constant 2005 international $: GNI, PPP (constant 2005 international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
  • Income > GNI per capita, PPP > Constant 2005 international $: GNI per capita, PPP (constant 2005 international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
  • Income > GDP, PPP > Constant 2005 international $ per capita: GDP, PPP (constant 2005 international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars. Figures expressed per capita for the same year.
  • International tourism > Receipts > Current US$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
  • Terms of trade: Terms of trade (1980 = 100) 1999. The ratio of the export price index to the import price index measured relative to the base year 1980. A value of more than 100 implies that the price of exports has risen relative to the price of imports.
  • Oil > Production per thousand people: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
  • Gross savings > Current US$ per capita: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Innovation > Patent applications, nonresidents per million: Patent applications, nonresidents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years. Figures expressed per million population for the same year.
  • Innovation > Patent applications, residents: Patent applications, residents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years.
  • Trade > Exports > Export growth in USD: Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics."
  • Innovation > Scientific and technical journal articles: Scientific and technical journal articles. Scientific and technical journal articles refer to the number of scientific and engineering articles published in the following fields: physics, biology, chemistry, mathematics, clinical medicine, biomedical research, engineering and technology, and earth and space sciences.
  • GDP > PPP > Current international $ per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. Figures expressed per capita for the same year.
  • Welfare > Revenue, excluding grants > Current LCU per capita: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here. Figures expressed per capita for the same year.
  • 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.
  • Transnational corporations > Affiliates: Number of foreign affiliates to transnational corporations
  • Tax > Social security contributions: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
  • Tax > Customs and other import duties > Current LCU: Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
  • Tax > Taxes on income > Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Imports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
  • Oil > Imports per thousand people: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products. Figures expressed per thousand people for the same year.
  • Oil > Imports: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
  • Electricity > Production per capita: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. Figures expressed per capita for the same year.
  • GDP growth > Duration 1975-2000: GDP per capita annual growth rate (%) from 1975 to 2000
  • Merchandise > Exports > Current US$: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in U.S. dollars. Data are in current U.S. dollars.
  • Services > Etc. > Value added > Constant 2000 US$: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2000 U.S. dollars.
  • Household final > Consumption expenditure > Current US$: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
  • Trade > Exports > Goods and services > Constant 2000 US$: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars.
  • 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.
  • 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.
  • Gross national expenditure > Constant 2000 US$: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2000 U.S. dollars.
  • Research and development spending: Research and development (R&D) expenditures for most recent year available between 1990 and 2000.
  • Tax > Time to prepare and pay taxes > Hours: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions."
  • Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency."
  • Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$: Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero. In the International Financial Statistics presentation, this is equal to the difference between reserves and related items and the sum of the balances of the current, capital, and financial accounts. Data are in current U.S. dollars."
  • Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo: Exports of goods and services are the total value of goods and services exported as well as income and workers' remittances received. Workers' remittances include compensation of employees. Data are in current U.S. dollars.
  • Royalty and license fees > Payments > BoP > Current US$ per capita: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Net income > BoP > Current US$ per million: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars. Figures expressed per million population for the same year.
  • Commercial service imports > Current US$: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.
  • Trade > Imports of goods > Services and income > BoP > Current US$ per capita: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Commercial service imports > Current US$ > Per capita: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies. Per capita figures expressed per 1 population.
  • Foreign direct investment > Net > BoP > Current US$ > Per $ GDP: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • 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$). International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars.
  • Tourism > International tourism, number of departures: International tourism, number of departures. International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited. The data on outbound tourists refer to the number of departures, not to the number of people traveling. Thus a person who makes several trips from a country during a given period is counted each time as a new departure.
  • Companies > Ease of doing business index > 1=most business-friendly regulations per million: Ease of doing business index (1=most business-friendly regulations). Ease of doing business ranks economies from 1 to 189, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators. Figures expressed per million population for the same year.
  • International tourism > Receipts for travel items > Current US$: International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars."
  • Tourism receipts > International > Per $ GDP: Per $ GDP figures expressed per $1,000 gross domestic product
  • Trade > Tariffs > Binding coverage > All products: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.
  • GDP > PPP > Constant 2000 international $ > Per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars. Per capita figures expressed per 1 population.
  • GDP > PPP > Current international $ > Per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. Per capita figures expressed per 1 population.
  • Patent applications > Nonresidents: Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years."
  • International tourism > Expenditures > Current US$: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
  • Tax > Tax payments > Number per million: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent. Figures expressed per million population for the same year.
  • Trade > Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Purchasing power parity > GDP > PPP > Constant 2005 international $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • 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)."
  • Trade > Exports > Export growth: Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights. For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used."
STAT Trinidad and Tobago United States HISTORY
Budget > Revenues $7.65 billion
Ranked 90th.
$2.45 trillion
Ranked 1st. 320 times more than Trinidad and Tobago

Budget surplus > + or deficit > - -1.1% of GDP
Ranked 53th.
-6.8% of GDP
Ranked 157th. 6 times more than Trinidad and Tobago

Debt > Government debt > Public debt, share of GDP 46.6 CIA
Ranked 74th.
72.5 CIA
Ranked 35th. 56% more than Trinidad and Tobago
Overview Trinidad and Tobago has earned a reputation as an excellent investment site for international businesses and has one of the highest growth rates and per capita incomes in Latin America. Economic growth between 2000 and 2007 averaged slightly over 8%, significantly above the regional average of about 3.7% for that same period; however, GDP has slowed down since then and contracted during 2009-2011 due to depressed natural gas prices and changing markets. Growth had been fueled by investments in liquefied natural gas, petrochemicals, and steel with additional upstream and downstream investment planned. Trinidad and Tobago is the leading Caribbean producer of oil and gas, and its economy is heavily dependent upon these resources but it also supplies manufactured goods, notably food products and beverages, as well as cement to the Caribbean region. Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment. Oil production has declined over the last decade as the country focused the majority of its efforts on natural gas. However, declining reserves, lack of government investment in the sector, and the changing global gas market raises concern for the long-term growth of the country's energy sector. Although Trinidad and Tobago enjoys cheap electricity from natural gas, the renewable energy sector has recently garnered increased interest. The country is also a regional financial center with a well-regulated and stable financial system. Other sectors the Government of Trinidad and Tobago targeted for increased investment and projected growth include tourism, agriculture, information and communications technology, and shipping. The economy benefits from a growing trade surplus with the US. The US is Trinidad and Tobago's leading trade partner. The previous MANNING administration benefited from fiscal surpluses fueled by the dynamic export sector; however, declines in oil and gas prices have reduced government revenues, challenging the current government's commitment to maintaining high levels of public investment. Crime and bureaucratic hurdles continue to be the biggest deterrents for attracting more foreign direct investment and business. The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $49,800. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to enter their rivals' home markets than foreign firms face entering US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II. The onrush of technology largely explains the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income. Imported oil accounts for nearly 55% of US consumption. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the United States into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, in October 2008 the US Congress established a $700 billion Troubled Asset Relief Program (TARP). The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009 the US Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012 the federal government reduced the growth of spending and the deficit shrank to 7.6% of GDP. Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2011, the direct costs of the wars totaled nearly $900 billion, according to US government figures. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries. In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million American citizens by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on health care - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010. In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight. In December 2012, the Federal Reserve Board announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short term rates near zero until unemployment drops to 6.5% from the December rate of 7.8%, or until inflation rises above 2.5%. Long-term problems include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits - including significant budget shortages for state governments.
Exports $12.98 billion
Ranked 81st.
$1.56 trillion
Ranked 2nd. 120 times more than Trinidad and Tobago

GDP $23.99 billion
Ranked 93th.
$15.68 trillion
Ranked 2nd. 654 times more than Trinidad and Tobago

GDP > Per capita $20,565.92 per capita
Ranked 17th.
$45,759.46 per capita
Ranked 8th. 2 times more than Trinidad and Tobago

GDP > Per capita > PPP $19,800.00
Ranked 49th.
$51,700.00
Ranked 6th. 3 times more than Trinidad and Tobago

GDP > Purchasing power parity per capita $20,405.17
Ranked 45th.
$47,587.30
Ranked 7th. 2 times more than Trinidad and Tobago

GDP per capita $17,934.06
Ranked 38th.
$49,965.27
Ranked 10th. 3 times more than Trinidad and Tobago

Gross National Income $7.81 billion
Ranked 80th.
$9.78 trillion
Ranked 1st. 1252 times more than Trinidad and Tobago
Inflation rate > Consumer prices 9.2%
Ranked 31st. 4 times more than United States
2.1%
Ranked 160th.

Population below poverty line 17%
Ranked 13th. 13% more than United States
15.1%
Ranked 34th.

Public debt 37.9% of GDP
Ranked 92nd.
70% of GDP
Ranked 37th. 85% more than Trinidad and Tobago

Unemployment rate 5.6%
Ranked 79th.
8.1%
Ranked 47th. 45% more than Trinidad and Tobago

GDP > Composition, by sector of origin > Services 41.9%
Ranked 155th.
79.7%
Ranked 14th. 90% more than Trinidad and Tobago
Exports per capita $9,705.12
Ranked 32nd. 95% more than United States
$4,972.70
Ranked 50th.

Human Development Index 0.801
Ranked 57th.
0.944
Ranked 10th. 18% more than Trinidad and Tobago
Tourist arrivals > Per capita 413.42 per 1,000 people
Ranked 70th. 2 times more than United States
190.7 per 1,000 people
Ranked 91st.

GDP > Purchasing power parity $26.35 billion
Ranked 112th.
$16.24 trillion
Ranked 1st. 616 times more than Trinidad and Tobago

Currency > PPP conversion factor to official exchange rate ratio 0.75
Ranked 37th.
1
Ranked 24th. 33% more than Trinidad and Tobago

Fiscal year 1 1
GDP > Composition by sector > Industry 58.8%
Ranked 10th. 3 times more than United States
19.1%
Ranked 160th.

Currency > Official exchange rate > LCU per US$, period average $6.43
Ranked 100th. 6 times more than United States
$1.00
Ranked 147th.

Inequality > GINI index 40.27
Ranked 13th.
40.81
Ranked 16th. 1% more than Trinidad and Tobago
Imports per capita $6,777.88
Ranked 50th.
$7,336.40
Ranked 47th. 8% more than Trinidad and Tobago

Gross National Income per capita $6,137.31
Ranked 39th.
$34,319.53
Ranked 5th. 6 times more than Trinidad and Tobago
Technology index 3.98
Ranked 53th.
6.24
Ranked 1st. 57% more than Trinidad and Tobago
Development > Human Development Index 0.76
Ranked 68th.
0.937
Ranked 3rd. 23% more than Trinidad and Tobago

Population below poverty line > Per capita 16.09% per 1 million people
Ranked 5th. 392 times more than United States
0.041% per 1 million people
Ranked 44th.

GDP > Per capita > PPP per thousand people $14.80
Ranked 31st. 90 times more than United States
$0.16
Ranked 139th.

Exports > Commodities petroleum and petroleum products, liquefied natural gas, methanol, ammonia, urea, steel products, beverages, cereal and cereal products, sugar, cocoa, coffee, citrus fruit, vegetables, flowers agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0%
Poverty and inequality > Richest quintile to poorest quintile ratio 7.6
Ranked 3rd.
8.4
Ranked 3rd. 11% more than Trinidad and Tobago
Imports $9.06 billion
Ranked 99th.
$2.30 trillion
Ranked 1st. 254 times more than Trinidad and Tobago

Budget > Expenditures $7.93 billion
Ranked 95th.
$3.54 trillion
Ranked 1st. 446 times more than Trinidad and Tobago

GINI index 38.88
Ranked 11th.
40.81
Ranked 16th. 5% more than Trinidad and Tobago
Reserves of foreign exchange and gold per capita $5,148.70
Ranked 13th. 22 times more than United States
$234.27
Ranked 105th.

Debt > Net foreign assets > Current LCU 75.9 billion
Ranked 94th.
-125,482,689,271
Ranked 162nd.

Tourist arrivals 433,000
Ranked 108th.
57.94 million
Ranked 3rd. 134 times more than Trinidad and Tobago

Budget > Revenues > Per capita $5,019.30 per capita
Ranked 13th.
$8,527.60 per capita
Ranked 29th. 70% more than Trinidad and Tobago

Inbound tourism income > Current US$ $615.00 million
Ranked 97th.
$166.53 billion
Ranked 2nd. 271 times more than Trinidad and Tobago

Tax > Tax rates 31.52
Ranked 43th. 98% more than United States
15.91
Ranked 3rd.

GDP per person 15,840.78
Ranked 35th.
45,989.18
Ranked 9th. 3 times more than Trinidad and Tobago

Exports > Main exports Petroleum and petroleum products, natural gas, chemicals Computers and electrical machinery, vehicles, chemical products, food and live animals, military equipment and aircraft
Budget > Revenues per capita $4,980.07
Ranked 40th.
$6,763.09
Ranked 33th. 36% more than Trinidad and Tobago

Gross National Income > Per $ GDP $68.02 per $100
Ranked 1st.
$83.23 per $100
Ranked 1st. 22% more than Trinidad and Tobago
Debt > External $4.72 billion
Ranked 118th.
$15.93 trillion
Ranked 1st. 3374 times more than Trinidad and Tobago

Gross domestic savings > Current US$ per capita 3,078.66$
Ranked 33th.
5,533.71$
Ranked 25th. 80% more than Trinidad and Tobago

Central bank discount rate 4.25%
Ranked 70th. 9 times more than United States
0.5%
Ranked 122nd.

Debt > External > Per capita $2,715.29 per capita
Ranked 54th.
$40,678.76 per capita
Ranked 12th. 15 times more than Trinidad and Tobago

GDP > Composition by sector > Services 40.8%
Ranked 156th.
79.7%
Ranked 15th. 95% more than Trinidad and Tobago

Tax > GDP > Constant LCU 88.93 billion
Ranked 117th.
14.23 trillion
Ranked 18th. 160 times more than Trinidad and Tobago

Tourism > International tourism, number of arrivals per capita 0.291
Ranked 96th. 44% more than United States
0.201
Ranked 98th.

International tourism > Receipts > Current US$ > Per $ GDP 46.04$ per $1,000 of GDP
Ranked 45th. 5 times more than United States
9.9$ per $1,000 of GDP
Ranked 97th.

Consumer spending 48.91
Ranked 121st.
71.37
Ranked 53th. 46% more than Trinidad and Tobago

Consumer price index 126.49%
Ranked 63th. 12% more than United States
113.41%
Ranked 105th.

GDP > Composition by sector > Agriculture 0.3%
Ranked 209th.
1.2%
Ranked 191st. 4 times more than Trinidad and Tobago

GDP per capita > PPP > Current international $ 14,602.79 PPP $
Ranked 40th.
41,889.57 PPP $
Ranked 2nd. 3 times more than Trinidad and Tobago

Industries petroleum and petroleum products, liquefied natural gas (LNG), methanol, ammonia, urea, steel products, beverages, food processing, cement, cotton textiles highly diversified, world leading, high-technology innovator, second largest industrial output in world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining
GDP > Composition, by end use > Imports of goods and services -80.3%
Ranked 159th. 5 times more than United States
-16.9%
Ranked 4th.
GDP per capita > Constant LCU 57162.84 37267.33
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $709.10 million
Ranked 81st.
$134.71 billion
Ranked 3rd. 190 times more than Trinidad and Tobago

Labor force 618
Ranked 16th. 4 times more than United States
155
Ranked 39th.

GDP > Real growth rate 0.2%
Ranked 153th.
2.8%
Ranked 106th. 14 times more than Trinidad and Tobago

Debt > Government debt > Gross government debt, share of GDP 39.72 IMF
Ranked 95th.
106.53 IMF
Ranked 11th. 3 times more than Trinidad and Tobago
Debt > Central government debt, total > Current LCU 21.81 billion
Ranked 50th.
12.26 trillion
Ranked 8th. 562 times more than Trinidad and Tobago

International tourism > Number of arrivals 463,000
Ranked 94th.
49.21 million
Ranked 3rd. 106 times more than Trinidad and Tobago

Economic growth > Per capita -3.38
Ranked 109th.
-3.47
Ranked 111th. 3% more than Trinidad and Tobago

Foreign direct investment > Net > BoP > Current US$ per capita 870.67 BoP $
Ranked 9th. 3 times more than United States
340.7 BoP $
Ranked 23th.

GDP per capita > Constant 2000 US$ 9,083.05 constant 2000 US$
Ranked 35th.
37,267.33 constant 2000 US$
Ranked 4th. 4 times more than Trinidad and Tobago

Micro > Small and medium enterprises > Number > Per capita 14.72 per 1,000 people
Ranked 21st.
19.98 per 1,000 people
Ranked 19th. 36% more than Trinidad and Tobago
Economic freedom 62.3
Ranked 72nd.
76
Ranked 10th. 22% more than Trinidad and Tobago

GDP > Official exchange rate per capita $15,962.71
Ranked 43th.
$47,264.02
Ranked 8th. 3 times more than Trinidad and Tobago

Stock of direct foreign investment > At home $102.00 billion
Ranked 2nd.
$2.65 trillion
Ranked 1st. 26 times more than Trinidad and Tobago

Current account balance $959.00 million
Ranked 41st.
$-440,400,000,000.00
Ranked 180th.

Agriculture > Products cocoa, rice, citrus, coffee, vegetables; poultry; sugar wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products
Trade > Imports per capita $6,199.86
Ranked 39th. 1% more than United States
$6,152.08
Ranked 42nd.

Currency Trinidad and Tobago dollar US dollar
Current account balance > BoP > Current US$ per capita 1,121.45 BoP $
Ranked 16th.
-2,678.39 BoP $
Ranked 134th.

GNI per capita $15,840.00
Ranked 4th.
$48,620.00
Ranked 11th. 3 times more than Trinidad and Tobago
GDP > Purchasing power parity > Per capita $20,565.92 per capita
Ranked 17th.
$45,759.46 per capita
Ranked 8th. 2 times more than Trinidad and Tobago

Companies > Listed domestic companies, total 37
Ranked 81st.
4,102
Ranked 3rd. 111 times more than Trinidad and Tobago

Trade > Exports per capita $9,080.68
Ranked 28th. 2 times more than United States
$4,105.70
Ranked 46th.

Current account balance per capita $2,532.20
Ranked 11th.
0.0
Ranked 79th.

Money and quasi money > M2 > Current LCU 39039490000 9258648000000
Tourism > International tourism, number of arrivals 386,000
Ranked 132nd.
62.71 million
Ranked 3rd. 162 times more than Trinidad and Tobago

Gross national saving 20% of GDP
Ranked 73th. 60% more than United States
12.5% of GDP
Ranked 118th.

Tax > GDP > Constant LCU per capita 66,495.89
Ranked 72nd. 47% more than United States
45,335.9
Ranked 81st.

Retail > Gross value added by wholesale, retail trade, restaurants and hotels 3.95 billion
Ranked 96th.
2.36 trillion
Ranked 1st. 597 times more than Trinidad and Tobago

Companies > Market capitalization of listed companies > Current US$ per capita $11,339.12
Ranked 34th.
$59,469.57
Ranked 6th. 5 times more than Trinidad and Tobago

Market capitalization of listed companies > Current US$ per capita 11,945.44$
Ranked 9th.
57,519.54$
Ranked 6th. 5 times more than Trinidad and Tobago

Household final > Consumption expenditure > Current US$ per capita 5,665.36$
Ranked 35th.
28,053.8$
Ranked 3rd. 5 times more than Trinidad and Tobago

Budget > Expenditures per capita $5,451.42
Ranked 40th.
$10,981.93
Ranked 24th. 2 times more than Trinidad and Tobago

Reserves > Total reserves > Includes gold, current US$ $9.90 billion
Ranked 69th.
$574.27 billion
Ranked 4th. 58 times more than Trinidad and Tobago

Stock of broad money None None
Exchange rates Trinidad and Tobago dollars (TTD) per US dollar -<br />6.39 (2012 est.)<br />6.41 (2011 est.)<br />6.38 (2010 est.)<br />6.31 (2009)<br />6.29 (2008) <strong>British pounds per US dollar: </strong>0.6324 (2012 est.), 0.624 (2011 est.), 0.6472 (2010), 0.6175 (2009), 0.5302 (2008)<br /><strong>Canadian dollars per US dollar:</strong> (2012 est.), 1.001 (2012 est.), 0.9895 (2011 est), 1.0302 (2010 est.), 1.1431 (2009), 1.0364 (2008)<br /><strong>Chinese yuan per US dollar:</strong> (2011 est.), 6.311 (2012 est.), 6.4615 (20111 est.), 6.7703 (2010 est.), 6.8314 (2009), 6.9385 (2008)<br /><strong>euros per US dollar:</strong> 0.7838 (2012 est.), 0.7185 (2011 est.), 0.755 (2010 est.), 0.7198 (2009), 0.6827 (2008)<br /><strong>Japanese yen per US dollar:</strong> 79.42 (2012 est.), 79.81 (2011 est.), 87.78 (2010), 93.57 (2009), 103.58 (2008)
Debt > External per capita $2,190.01
Ranked 55th.
$40,666.44
Ranked 13th. 19 times more than Trinidad and Tobago

Size of economy > Share of world GDP 0.02%
Ranked 102nd.
31.49%
Ranked 1st. 1575 times more than Trinidad and Tobago
Gross fixed capital formation > Current US$ > Per $ GDP 0.202$ per $1 of GDP
Ranked 100th. 8% more than United States
0.187$ per $1 of GDP
Ranked 112th.

Exports > Partners US 42.1%, Chile 7.1%, Argentina 6.5%, Spain 4.5% Canada 18.9%, Mexico 14%, China 7.2%, Japan 4.5%
GDP > Official exchange rate $25.40 billion
Ranked 99th.
$16.02 trillion
Ranked 1st. 631 times more than Trinidad and Tobago

GDP per capita > PPP > Constant 2000 international $ 12,991.47 PPP 2000 $
Ranked 40th.
37,267.33 PPP 2000 $
Ranked 2nd. 3 times more than Trinidad and Tobago

Investment > Gross fixed 15.9% of GDP
Ranked 128th. 23% more than United States
12.9% of GDP
Ranked 139th.

Income receipts > BoP > Current US$ per capita 51.3 BoP $
Ranked 76th.
1,606.16 BoP $
Ranked 22nd. 31 times more than Trinidad and Tobago

Bank liquid > Reserves to bank assets ratio 11.18
Ranked 73th. 15 times more than United States
0.76
Ranked 160th.

Stock of narrow money None None
GDP > Composition, by sector of origin > Industry 57.8%
Ranked 15th. 3 times more than United States
19.2%
Ranked 161st.
Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita $11,669.51
Ranked 25th. 98% more than United States
$5,885.16
Ranked 34th.

Debt > Net domestic credit > Current LCU 56.01 billion
Ranked 108th.
16.15 trillion
Ranked 16th. 288 times more than Trinidad and Tobago

Government spending 979.75 million
Ranked 86th.
1.74 trillion
Ranked 2nd. 1774 times more than Trinidad and Tobago

Net current transfers from abroad > Constant LCU 426416600 -74888950000
Foreign direct investment > Net inflows > BoP > Current US$ per capita 848.15 BoP $
Ranked 21st. 2 times more than United States
371.4 BoP $
Ranked 35th.

GDP > Current LCU 90454600000 12416510000000
High-technology > Exports > Current US$ > Per capita $34,207.46 per 1,000 people
Ranked 54th.
$760,722.33 per 1,000 people
Ranked 24th. 22 times more than Trinidad and Tobago

GDP > Composition, by sector of origin > Agriculture 0.3%
Ranked 212th.
1.1%
Ranked 194th. 4 times more than Trinidad and Tobago
Savings > Gross domestic savings > Current US$ per capita $9,970.30
Ranked 26th. 23% more than United States
$8,113.69
Ranked 21st.

Tax > Tax payments > Number 39
Ranked 42nd. 4 times more than United States
11
Ranked 139th.

Real interest rate -0.78%
Ranked 108th.
3.08%
Ranked 86th.

Gross domestic savings 10.6 billion
Ranked 67th.
1.61 trillion
Ranked 3rd. 152 times more than Trinidad and Tobago

Inflation 140.07
Ranked 44th. 28% more than United States
109.85
Ranked 143th.

Outbound tourist spending 204 million
Ranked 112th.
117.97 billion
Ranked 2nd. 578 times more than Trinidad and Tobago

Income > GNI per capita, PPP > Current international $ $22,860.00
Ranked 36th.
$52,610.00
Ranked 5th. 2 times more than Trinidad and Tobago

Income > GNI, PPP > Current international $ per capita $22,861.28
Ranked 36th.
$52,608.35
Ranked 5th. 2 times more than Trinidad and Tobago

GDP > By type of expenditure > Household consumption expenditure per capita 8,455.58
Ranked 60th.
35,518
Ranked 8th. 4 times more than Trinidad and Tobago

Reserves of foreign exchange and gold $9.90 billion
Ranked 73th.
$150.20 billion
Ranked 18th. 15 times more than Trinidad and Tobago

Size of economy > GDP > GDP growth 1.24%
Ranked 130th.
2.21%
Ranked 111th. 78% more than Trinidad and Tobago

GDP > Constant 2000 US$ 11.86 billion constant 2000 US$
Ranked 84th.
11.05 trillion constant 2000 US$
Ranked 1st. 932 times more than Trinidad and Tobago

International tourism > Expenditures > Current US$ per capita 222.06$
Ranked 42nd.
337.12$
Ranked 32nd. 52% more than Trinidad and Tobago

Purchasing power parity conversion factor > LCU per international $ 4.75 1
Micro > Small and medium enterprises > Number 19,150
Ranked 26th.
5.87 million
Ranked 1st. 306 times more than Trinidad and Tobago
GDP > Composition, by end use > Household consumption 55.5%
Ranked 139th.
68.6%
Ranked 80th. 24% more than Trinidad and Tobago
Current transfers > Receipts > BoP > Current US$ 98.6 million BoP $
Ranked 127th.
15.77 billion BoP $
Ranked 8th. 160 times more than Trinidad and Tobago

Innovation > Patent applications, residents per million 0.76
Ranked 83th.
795.12
Ranked 3rd. 1047 times more than Trinidad and Tobago

Tax > Taxes on income, profits and capital gains > Current LCU 23.07 billion
Ranked 69th.
1.4 trillion
Ranked 15th. 60 times more than Trinidad and Tobago

Debt > Net current transfers from abroad > Current LCU 182.82 million
Ranked 103th.
-144,700,000,000
Ranked 130th.

Debt > Government debt > Net government debt, share of GDP 29.14 IMF
Ranked 58th.
87.86 IMF
Ranked 10th. 3 times more than Trinidad and Tobago
Saving rate 30.77
Ranked 25th. 3 times more than United States
9.77
Ranked 96th.

GDP > PPP > Constant 2000 international $ per capita 13,074.65 PPP 2000 $
Ranked 40th.
37,380.07 PPP 2000 $
Ranked 2nd. 3 times more than Trinidad and Tobago

International tourism > Number of departures 248,000
Ranked 74th.
63.5 million
Ranked 3rd. 256 times more than Trinidad and Tobago

Debt > Central government debt, total > Current LCU per capita 16,651.25
Ranked 34th.
39,342.95
Ranked 20th. 2 times more than Trinidad and Tobago

Net income > BoP > Current US$ > Per capita -459,000.067 BoP $ per 1,000 people
Ranked 129th.
38,102.24 BoP $ per 1,000 people
Ranked 22nd.

GDP > CIA Factbook $10.52 billion
Ranked 130th.
$10.99 trillion
Ranked 1st. 1045 times more than Trinidad and Tobago

Poverty and inequality > Poorest's share in national income or consumption 5.51%
Ranked 16th. 1% more than United States
5.44%
Ranked 30th.
Debt > Net foreign assets > Current LCU per capita 56,752.4
Ranked 52nd.
-399.736
Ranked 157th.

Tax > GDP > Current LCU 149.33 billion
Ranked 123th.
16.24 trillion
Ranked 28th. 109 times more than Trinidad and Tobago

GDP > PPP per capita $12,214.24
Ranked 47th.
$39,712.68
Ranked 2nd. 3 times more than Trinidad and Tobago
GNI 20.71 billion
Ranked 85th.
14.01 trillion
Ranked 2nd. 677 times more than Trinidad and Tobago

GDP > PPP $15.76 billion
Ranked 108th.
$11.63 trillion
Ranked 1st. 738 times more than Trinidad and Tobago
Development > Human Development Index > Inequality adjusted 0.644
Ranked 49th.
0.821
Ranked 16th. 27% more than Trinidad and Tobago
Market capitalization of listed companies > Current US$ 15.57 billion$
Ranked 36th.
17 trillion$
Ranked 1st. 1092 times more than Trinidad and Tobago

Companies > Listed domestic companies, total per million 27.66
Ranked 34th. 2 times more than United States
13.07
Ranked 49th.

Tax > GDP > Current US$ per capita $17,436.50
Ranked 39th.
$51,748.56
Ranked 10th. 3 times more than Trinidad and Tobago

Industrial production growth rate -0.5%
Ranked 131st.
3.2%
Ranked 79th.

Purchasing power parity > GDP per capita > PPP > Current international $ $25,571.66
Ranked 30th.
$45,989.18
Ranked 6th. 80% more than Trinidad and Tobago

World trade > Exports 17.73 billion
Ranked 71st.
1.58 trillion
Ranked 2nd. 89 times more than Trinidad and Tobago

Tourist arrivals by region of origin > Europe 91,424
Ranked 114th.
10.7 million
Ranked 10th. 117 times more than Trinidad and Tobago

Companies > Stock market > Stocks traded, total value > Current US$ per capita $86.96
Ranked 68th.
$68,092.78
Ranked 3rd. 783 times more than Trinidad and Tobago

Lending interest rate 9.1%
Ranked 93th. 47% more than United States
6.19%
Ranked 118th.

Industrial > Production growth rate 2.5%
Ranked 114th.
3.3%
Ranked 92nd. 32% more than Trinidad and Tobago

Tax > Taxes on income, profits and capital gains > Current LCU per capita 17,371.5
Ranked 26th. 4 times more than United States
4,477.99
Ranked 46th.

Tax > GDP per capita > Constant LCU 66,495.89
Ranked 72nd. 47% more than United States
45,335.9
Ranked 81st.

Spending > Household final consumption expenditure per capita > Constant 2000 US$ $7,371.27
Ranked 37th.
$30,898.88
Ranked 3rd. 4 times more than Trinidad and Tobago

Income > GDP per capita, PPP > Current international $ $26,549.72
Ranked 39th.
$51,748.56
Ranked 8th. 95% more than Trinidad and Tobago

Debt > Interest rates > Central bank discount rate 6.94%
Ranked 51st. 28 times more than United States
0.25%
Ranked 92nd.
Technological achievement 0.33
Ranked 37th.
0.73
Ranked 2nd. 2 times more than Trinidad and Tobago
Currency > Real effective exchange rate index > 2005 = 100 139.9
Ranked 7th. 56% more than United States
89.58
Ranked 88th.

Net domestic credit > Current LCU 15521380000 11970270000000
International tourism > Receipts > Current US$ per capita 509.66$
Ranked 36th. 23% more than United States
416.03$
Ranked 44th.

Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita 2,955.47
Ranked 49th.
7,520.82
Ranked 17th. 3 times more than Trinidad and Tobago

GDP > By type of expenditure > Household consumption expenditure 11.31 billion
Ranked 108th.
11.15 trillion
Ranked 1st. 986 times more than Trinidad and Tobago

Household spending per capita 6,297.21
Ranked 28th.
26,782.83
Ranked 1st. 4 times more than Trinidad and Tobago

Commercial bank prime lending rate 7.7%
Ranked 117th. 2 times more than United States
3.25%
Ranked 170th.

Companies > Market capitalization of listed companies > Current US$ $15.17 billion
Ranked 66th.
$18.67 trillion
Ranked 1st. 1231 times more than Trinidad and Tobago

Current account balance > BoP > Current US$ 1.45 billion BoP $
Ranked 33th.
-791,508,800,000 BoP $
Ranked 137th.

Trade > Imports $8.23 billion
Ranked 96th.
$1.90 trillion
Ranked 1st. 231 times more than Trinidad and Tobago

Currency > Real effective exchange rate index 107.83%
Ranked 41st. 16% more than United States
92.75%
Ranked 64th.

Currency > Official exchange rate > LCU per US$ > Period average 6.31 1
Oil > Exports 242,600 bbl/day
Ranked 46th.
1.92 million bbl/day
Ranked 9th. 8 times more than Trinidad and Tobago

GDP > CIA Factbook per capita $8,193.99
Ranked 60th.
$37,882.45
Ranked 2nd. 5 times more than Trinidad and Tobago

GDP > Composition, by end use > Exports of goods and services 92.4%
Ranked 14th. 7 times more than United States
13.5%
Ranked 182nd.
Purchasing power parity > GNI per capita > PPP > Current international $ $24,970.00
Ranked 27th.
$45,640.00
Ranked 5th. 83% more than Trinidad and Tobago

Income > Health expenditure per capita, PPP > Constant 2005 international $ $1,487.85
Ranked 42nd.
$8,607.88
Ranked 1st. 6 times more than Trinidad and Tobago

Tax > GDP > Current LCU per capita 111,651.15
Ranked 77th. 2 times more than United States
51,748.56
Ranked 98th.

Spending > Household final consumption expenditure > Current US$ per capita $965.83
Ranked 124th.
$35,518.00
Ranked 4th. 37 times more than Trinidad and Tobago

Debt > Strength of legal rights index > 0=weak to 10=strong per million 6.73
Ranked 32nd. 235 times more than United States
0.0287
Ranked 182nd.

Oil > Production 144,900 bbl/day
Ranked 46th.
9.69 million bbl/day
Ranked 3rd. 67 times more than Trinidad and Tobago

Economy growth -3
Ranked 116th. 14% more than United States
-2.63
Ranked 111th.

Trade > Exports > Exports of goods and services 14.12 billion
Ranked 85th.
2.2 trillion
Ranked 1st. 156 times more than Trinidad and Tobago

Purchasing power parity > Gross domestic product per capita > PPP 23,220.68
Ranked 29th.
41,761.08
Ranked 6th. 80% more than Trinidad and Tobago

Debt > Interest payments > Current LCU 3.29 billion
Ranked 73th.
324.26 billion
Ranked 15th. 99 times more than Trinidad and Tobago

Innovation 18.6
Ranked 38th.
30.3
Ranked 1st. 63% more than Trinidad and Tobago
Electricity > Consumption per capita 5,504.2 kWh
Ranked 33th.
12,194.74 kWh
Ranked 2nd. 2 times more than Trinidad and Tobago

Market capitalization of listed companies > Current US$ > Per $ GDP 1,182.03$ per $1,000 of GDP
Ranked 20th.
1,368.98$ per $1,000 of GDP
Ranked 15th. 16% more than Trinidad and Tobago

GDP > CIA Factbook > Per capita $8,109.31 per capita
Ranked 64th.
$37,791.00 per capita
Ranked 2nd. 5 times more than Trinidad and Tobago

Household spending 8.3 billion
Ranked 74th.
8.22 trillion
Ranked 1st. 990 times more than Trinidad and Tobago

Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita $9,997.95
Ranked 38th.
$30,898.88
Ranked 1st. 3 times more than Trinidad and Tobago

GDP > Composition, by end use > Government consumption 16.3%
Ranked 93th.
19.5%
Ranked 53th. 20% more than Trinidad and Tobago
GDP > Per $ GDP $20,565.92 per $1 of GDP
Ranked 17th.
$45,759.46 per $1 of GDP
Ranked 8th. 2 times more than Trinidad and Tobago

Spending > Household final consumption expenditure, etc. > Current US$ $12.23 billion
Ranked 99th.
$11.15 trillion
Ranked 1st. 912 times more than Trinidad and Tobago

Gross domestic savings > Current US$ 3.97 billion$
Ranked 74th.
1.62 trillion$
Ranked 1st. 408 times more than Trinidad and Tobago

GNI > Current US$ per capita 10,586.59$
Ranked 33th.
42,124.23$
Ranked 5th. 4 times more than Trinidad and Tobago

GDP > Constant 2000 US$ per capita 9,141.2 constant 2000 US$
Ranked 35th.
37,380.07 constant 2000 US$
Ranked 4th. 4 times more than Trinidad and Tobago

Trade > Exports $12.06 billion
Ranked 78th.
$1.27 trillion
Ranked 3rd. 105 times more than Trinidad and Tobago

Purchasing power parity > GDP > PPP > Current international $ $34.23 billion
Ranked 91st.
$14.12 trillion
Ranked 2nd. 412 times more than Trinidad and Tobago

Gross national expenditure > Constant 2000 US$ per capita 8,796.32 constant 2000 US$
Ranked 16th.
38,609.96 constant 2000 US$
Ranked 1st. 4 times more than Trinidad and Tobago

Income > GDP, PPP > Current international $ per capita $26,549.72
Ranked 38th.
$51,748.56
Ranked 8th. 95% more than Trinidad and Tobago

Total > Reserves in months of imports 6.47
Ranked 22nd. 7 times more than United States
0.92
Ranked 120th.

Imports > Commodities mineral fuels, lubricants, machinery, transportation equipment, manufactured goods, food, chemicals, live animals agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys)
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults 35.6
Ranked 85th.
173.43
Ranked 4th. 5 times more than Trinidad and Tobago

Inflation > Consumer price index > 2005 = 100 177.82
Ranked 42nd. 51% more than United States
117.56
Ranked 152nd.

GDP > Constant LCU 74611000000 11046430000000
Gross domestic savings > Current US$ > Per $ GDP 325.44$ per $1,000 of GDP
Ranked 24th. 2 times more than United States
138.73$ per $1,000 of GDP
Ranked 102nd.

Poverty and inequality > Inequality adjusted income index 0.621
Ranked 33th.
0.681
Ranked 22nd. 10% more than Trinidad and Tobago
Trade > Export growth 9.11
Ranked 46th. 9% more than United States
8.37
Ranked 54th.

Welfare > Social contributions > Current LCU 2.7 billion
Ranked 59th.
905.45 billion
Ranked 8th. 335 times more than Trinidad and Tobago

Welfare > Revenue, excluding grants > Current LCU 46.52 billion
Ranked 79th.
2.54 trillion
Ranked 19th. 55 times more than Trinidad and Tobago

Labor force per thousand people 0.504
Ranked 26th. 1030 times more than United States
0.000489
Ranked 115th.

Trade > Imports > Imports of goods and services 8.56 billion
Ranked 103th.
2.74 trillion
Ranked 1st. 320 times more than Trinidad and Tobago

Debt > Government debt > Net government debt, share of GDP per million people 23.78 IMF
Ranked 17th. 86 times more than United States
0.277 IMF
Ranked 77th.
Household final > Consumption expenditure per capita > Constant 2000 US$ 6,360.24 constant 2000 US$
Ranked 21st.
25,841.85 constant 2000 US$
Ranked 1st. 4 times more than Trinidad and Tobago

Public institution index 4.18
Ranked 63th.
5.74
Ranked 21st. 37% more than Trinidad and Tobago
GNI > Atlas method > Current US$ per capita 10,368.28$
Ranked 32nd.
43,695.99$
Ranked 5th. 4 times more than Trinidad and Tobago

Income > Household final consumption expenditure, PPP > Constant 2005 international $ $13.16 billion
Ranked 90th.
$9.70 trillion
Ranked 1st. 737 times more than Trinidad and Tobago

Income > GNI, PPP > Current international $ $30.58 billion
Ranked 96th.
$16.51 trillion
Ranked 2nd. 540 times more than Trinidad and Tobago

Income > GDP, PPP > Current international $ $35.51 billion
Ranked 100th.
$16.24 trillion
Ranked 2nd. 457 times more than Trinidad and Tobago

Currency > Monetary unit 1 Trinidad and Tobago dollar = 100 cents 1 US dollar = 100 cents
Budget > Expenditures > Per $ GDP $0.25 per $1 of GDP
Ranked 85th. 23% more than United States
$0.20 per $1 of GDP
Ranked 112th.

Taxes and other revenues 30.1% of GDP
Ranked 80th. 97% more than United States
15.3% of GDP
Ranked 2nd.

Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U $19.62 billion
Ranked 69th.
$1.57 trillion
Ranked 2nd. 80 times more than Trinidad and Tobago

Balance of payments > Financial > Reserves -2,731,612,692.97
Ranked 138th.
-52,181,533,779.94
Ranked 142nd. 19 times more than Trinidad and Tobago

Balance of payments > Current account > Balances > Current account balance > Current US$ $8.52 billion
Ranked 19th.
$-378,434,537,000.00
Ranked 143th.

Government > Sovereign wealth funds > Assets 5 billion USD
Ranked 34th.
123 billion USD
Ranked 11th. 25 times more than Trinidad and Tobago
Oil > Proved reserves 728.3 million bbl
Ranked 39th.
20.68 billion bbl
Ranked 13th. 28 times more than Trinidad and Tobago

Companies > Ease of doing business index > 1=most business-friendly regulations 66
Ranked 123th. 17 times more than United States
4
Ranked 185th.

Natural gas > Production 42.38 billion cu m
Ranked 16th.
611 billion cu m
Ranked 1st. 14 times more than Trinidad and Tobago

GDP deflator 121.23
Ranked 128th. 8% more than United States
112.4
Ranked 146th.

Oil > Consumption 41,000 bbl/day
Ranked 103th.
19.15 million bbl/day
Ranked 1st. 467 times more than Trinidad and Tobago

Tourism > International tourism, receipts > Current US$ $630.00 million
Ranked 111th.
$185.89 billion
Ranked 2nd. 295 times more than Trinidad and Tobago

Electricity > Consumption 7.25 billion kWh
Ranked 69th.
3.74 trillion kWh
Ranked 1st. 516 times more than Trinidad and Tobago

Spending > Final consumption expenditure > Constant 2000 US$ per capita $9,131.22
Ranked 39th.
$37,586.27
Ranked 5th. 4 times more than Trinidad and Tobago

Currency > GDP > Constant 2000 US$ per capita $14,183.20
Ranked 46th.
$45,335.90
Ranked 10th. 3 times more than Trinidad and Tobago

Tax > GDP > Current US$ $23.32 billion
Ranked 94th.
$16.24 trillion
Ranked 2nd. 697 times more than Trinidad and Tobago

Portfolio investment > Excluding LCFAR > BoP > Current US$ -690,100,000 BoP $
Ranked 77th.
-1,088,672,000,000 BoP $
Ranked 120th. 1578 times more than Trinidad and Tobago

Net trade in goods and services > BoP > Current US$ 1.99 billion BoP $
Ranked 39th.
-716,730,000,000 BoP $
Ranked 137th.

Net capital account > BoP > Current US$ -11,920,380 BoP $
Ranked 89th.
-4,351,000,000 BoP $
Ranked 114th. 365 times more than Trinidad and Tobago

Budget > Expenditures > Per capita $5,494.36 per capita
Ranked 13th.
$9,065.55 per capita
Ranked 26th. 65% more than Trinidad and Tobago

GDP > Composition, by end use > Investment in inventories 1.3%
Ranked 48th. 3 times more than United States
0.4%
Ranked 87th.
Tourist arrivals by region of origin > Africa 1,299
Ranked 97th.
251,654
Ranked 16th. 194 times more than Trinidad and Tobago

Purchasing power parity > GNI > PPP > Current international $ $33.42 billion
Ranked 88th.
$14.01 trillion
Ranked 2nd. 419 times more than Trinidad and Tobago

Debt > External > Per $ GDP $137.06 per $1,000 of GDP
Ranked 112th.
$760.50 per $1,000 of GDP
Ranked 31st. 6 times more than Trinidad and Tobago

GNI > PPP > Current international $ 18.22 billion PPP $
Ranked 101st.
12.45 trillion PPP $
Ranked 1st. 683 times more than Trinidad and Tobago

High-technology > Exports > Current US$ $35.83 million
Ranked 74th.
$231.13 billion
Ranked 3rd. 6451 times more than Trinidad and Tobago

Stock of direct foreign investment > Abroad $3.83 billion
Ranked 1st.
$4.45 trillion
Ranked 1st. 1163 times more than Trinidad and Tobago

Oil > Exports per thousand people 183.44 bbl/day
Ranked 13th. 29 times more than United States
6.26 bbl/day
Ranked 55th.

Final > Consumption expenditure > Etc. > Current US$ 8.23 billion$
Ranked 93th.
10.06 trillion$
Ranked 1st. 1222 times more than Trinidad and Tobago

Gross National Income > Constant LCU 68586490000 10687260000000
GDP > Constant 2000 US$ > Per capita 9,083.05 constant 2000 US$ per c
Ranked 35th.
37,267.35 constant 2000 US$ per c
Ranked 4th. 4 times more than Trinidad and Tobago

National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $10,541.05
Ranked 30th.
$37,016.09
Ranked 6th. 4 times more than Trinidad and Tobago

Income > GDP per capita, PPP > Constant 2005 international $ $23,259.69
Ranked 38th.
$45,335.90
Ranked 7th. 95% more than Trinidad and Tobago

Scientific and technical journals > Articles published 67
Ranked 93th.
209,694.7
Ranked 2nd. 3130 times more than Trinidad and Tobago

Foreign direct investment > Net > BoP > Current US$ > Per capita 863,362.76 BoP $ per 1,000 people
Ranked 9th. 3 times more than United States
339,670.94 BoP $ per 1,000 people
Ranked 23th.

Net income > BoP > Current US$ -597,300,000 BoP $
Ranked 92nd.
11.29 billion BoP $
Ranked 5th.

Goods imports > BoP > Current US$ 4.89 billion BoP $
Ranked 80th.
1.68 trillion BoP $
Ranked 1st. 343 times more than Trinidad and Tobago

GDP per unit of energy use 1.32 PPP 2000 $/kg of oil eq.
Ranked 119th.
4.6 PPP 2000 $/kg of oil eq.
Ranked 63th. 3 times more than Trinidad and Tobago

Oil > Consumption per thousand people 30.87 bbl/day
Ranked 55th.
61.91 bbl/day
Ranked 21st. Twice as much as Trinidad and Tobago

Budget > Revenues > Per $ GDP $0.31 per $1 of GDP
Ranked 64th. 68% more than United States
$0.18 per $1 of GDP
Ranked 115th.

Natural gas > Production per capita 31,910.37 cu m
Ranked 2nd. 16 times more than United States
1,975.26 cu m
Ranked 10th.

International tourism > Expenditures for travel items > Current US$ $75.00 million
Ranked 119th.
$85.37 billion
Ranked 3rd. 1138 times more than Trinidad and Tobago

Government spending > Subsidies and other transfers > Current LCU per capita 13,666.27
Ranked 33th. 66% more than United States
8,247.11
Ranked 44th.

Government spending > Subsidies and other transfers > Current LCU 18.15 billion
Ranked 76th.
2.57 trillion
Ranked 14th. 142 times more than Trinidad and Tobago

Tax > Taxes on international trade > Current LCU 1.91 billion
Ranked 61st.
31.87 billion
Ranked 32nd. 17 times more than Trinidad and Tobago

Currency > DEC alternative conversion factor > LCU per US$ 6.3 1
Stocks traded > Total value > Current US$ 459.18 million$
Ranked 46th.
21.51 trillion$
Ranked 1st. 46844 times more than Trinidad and Tobago

GDP > Composition, by end use > Investment in fixed capital 14.9%
Ranked 160th. 1% more than United States
14.8%
Ranked 162nd.
Trade > Exports > Goods and services 65%
Ranked 24th. 6 times more than United States
11%
Ranked 149th.
Royalty and license fees > Payments > BoP > Current US$ 206,404.7 BoP $
Ranked 99th.
24.5 billion BoP $
Ranked 1st. 118704 times more than Trinidad and Tobago

Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.431 BoP $ per $1 of GDP
Ranked 76th. 3 times more than United States
0.16 BoP $ per $1 of GDP
Ranked 127th.

Foreign direct investment > Net > BoP > Current US$ 1.12 billion BoP $
Ranked 34th.
100.68 billion BoP $
Ranked 1st. 90 times more than Trinidad and Tobago

Stock of direct foreign investment > At home per capita $77,481.16
Ranked 1st. 9 times more than United States
$8,444.99
Ranked 33th.

Spending > Final consumption expenditure > Constant 2000 US$ $12.02 billion
Ranked 85th.
$11.80 trillion
Ranked 1st. 982 times more than Trinidad and Tobago

Spending > Household final consumption expenditure > Constant 2000 US$ per capita $7,371.27
Ranked 37th.
$30,898.88
Ranked 3rd. 4 times more than Trinidad and Tobago

Reserves > Total reserves minus gold > Current US$ $9.79 billion
Ranked 67th.
$139.13 billion
Ranked 14th. 14 times more than Trinidad and Tobago

Savings > Gross domestic savings > Current US$ $13.13 billion
Ranked 73th.
$2.55 trillion
Ranked 3rd. 194 times more than Trinidad and Tobago

World Bank exchange rate 6.3
Ranked 96th. 6 times more than United States
1
Ranked 143th.

Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 150.22
Ranked 107th. 21% more than United States
124.24
Ranked 136th.

Balance of payments > Current account > Balances > Net trade in goods > US$ $9.06 billion
Ranked 28th.
$-503,578,047,000.00
Ranked 142nd.

Trade > Exports > Goods 9.62 billion
Ranked 84th.
1.58 trillion
Ranked 2nd. 164 times more than Trinidad and Tobago

Electricity > Production 7.42 billion kWh
Ranked 53th.
3.95 trillion kWh
Ranked 1st. 533 times more than Trinidad and Tobago

Electricity > Imports per capita 0.0
Ranked 119th.
111.87 kWh
Ranked 38th.

Stock of money $2.65 billion
Ranked 81st.
$1.37 trillion
Ranked 3rd. 519 times more than Trinidad and Tobago
Gender income ratio 0.44%
Ranked 47th.
0.62%
Ranked 16th. 41% more than Trinidad and Tobago
Gross national expenditure > Current US$ > Per $ GDP 0.877$ per $1 of GDP
Ranked 143th.
1.05$ per $1 of GDP
Ranked 76th. 20% more than Trinidad and Tobago

Household final > Consumption expenditure > Constant 2000 US$ per capita 6,400.96 constant 2000 US$
Ranked 21st.
25,916.88 constant 2000 US$
Ranked 1st. 4 times more than Trinidad and Tobago

Gross fixed capital formation > Current US$ per capita 1,915.14$
Ranked 40th.
7,474.93$
Ranked 11th. 4 times more than Trinidad and Tobago

Patent applications > Residents 2
Ranked 76th.
231,588
Ranked 2nd. 115794 times more than Trinidad and Tobago

GNI > Atlas method > Current US$ > Per capita 10,302.33$ per capita
Ranked 32nd.
43,564.23$ per capita
Ranked 5th. 4 times more than Trinidad and Tobago

Income > GNI, PPP > Constant 2005 international $ $31.17 billion
Ranked 83th.
$14.47 trillion
Ranked 1st. 464 times more than Trinidad and Tobago

Income > GNI per capita, PPP > Constant 2005 international $ $23,676.49
Ranked 33th.
$46,084.41
Ranked 3rd. 95% more than Trinidad and Tobago

Income > GDP, PPP > Constant 2005 international $ per capita $23,259.69
Ranked 37th.
$45,335.90
Ranked 7th. 95% more than Trinidad and Tobago

International tourism > Receipts > Current US$ 661 million$
Ranked 81st.
122.94 billion$
Ranked 1st. 186 times more than Trinidad and Tobago

Terms of trade 60
Ranked 75th.
116
Ranked 15th. 93% more than Trinidad and Tobago
Oil > Production per thousand people 109.1 bbl/day
Ranked 13th. 3 times more than United States
31.32 bbl/day
Ranked 28th.

Gross savings > Current US$ per capita 2,774.33$
Ranked 24th.
5,176.48$
Ranked 19th. 87% more than Trinidad and Tobago

Innovation > Patent applications, nonresidents per million 212.69
Ranked 14th.
821.06
Ranked 7th. 4 times more than Trinidad and Tobago

Innovation > Patent applications, residents 1
Ranked 87th.
247,750
Ranked 3rd. 247750 times more than Trinidad and Tobago

Trade > Exports > Export growth in USD 213.52
Ranked 76th. 58% more than United States
135.15
Ranked 119th.

Innovation > Scientific and technical journal articles 47.7
Ranked 106th.
208,600.8
Ranked 2nd. 4373 times more than Trinidad and Tobago

GDP > PPP > Current international $ per capita 14,696.28 PPP $
Ranked 40th.
42,016.29 PPP $
Ranked 2nd. 3 times more than Trinidad and Tobago

Welfare > Revenue, excluding grants > Current LCU per capita 35,025.05
Ranked 41st. 4 times more than United States
8,158.36
Ranked 69th.

Micro > Small and medium enterprises > Number per 1000 14.84
Ranked 21st.
20.04
Ranked 19th. 35% more than Trinidad and Tobago
Transnational corporations > Affiliates 65
Ranked 88th.
19,103
Ranked 7th. 294 times more than Trinidad and Tobago
Tax > Social security contributions 4%
Ranked 59th.
41.64%
Ranked 1st. 10 times more than Trinidad and Tobago

Tax > Customs and other import duties > Current LCU 2 billion
Ranked 49th.
29.22 billion
Ranked 22nd. 15 times more than Trinidad and Tobago

Tax > Taxes on income > Profits and capital gains > Current LCU 23.89 billion
Ranked 56th.
1.09 trillion
Ranked 1st. 46 times more than Trinidad and Tobago

Imports > Partners US 33.1%, Brazil 8.1%, Colombia 7.7%, Gabon 5.5%, Canada 4.4%, China 4.2% China 19%, Canada 14.1%, Mexico 12%, Japan 6.4%, Germany 4.7%
Oil > Imports per thousand people 72.01 bbl/day
Ranked 12th. 2 times more than United States
33.48 bbl/day
Ranked 37th.

Oil > Imports 95,240 bbl/day
Ranked 62nd.
10.27 million bbl/day
Ranked 1st. 108 times more than Trinidad and Tobago

Electricity > Production per capita 5,635.62 kWh
Ranked 19th.
12,885.81 kWh
Ranked 6th. 2 times more than Trinidad and Tobago

Market value of publicly traded shares $14.73 billion
Ranked 65th.
$15.64 trillion
Ranked 1st. 1062 times more than Trinidad and Tobago

GDP growth > Duration 1975-2000 0.5%
Ranked 84th.
2%
Ranked 44th. 4 times more than Trinidad and Tobago
Merchandise > Exports > Current US$ 9.03 billion$
Ranked 73th.
904.38 billion$
Ranked 2nd. 100 times more than Trinidad and Tobago

Services > Etc. > Value added > Constant 2000 US$ 4.58 billion constant 2000 US$
Ranked 78th.
7.6 trillion constant 2000 US$
Ranked 1st. 1658 times more than Trinidad and Tobago

Household final > Consumption expenditure > Current US$ 7.31 billion$
Ranked 90th.
8.21 trillion$
Ranked 1st. 1124 times more than Trinidad and Tobago

Trade > Exports > Goods and services > Constant 2000 US$ 6.52 billion constant 2000 US$
Ranked 64th.
1.12 trillion constant 2000 US$
Ranked 1st. 172 times more than Trinidad and Tobago

Household final > Consumption expenditure > Etc. > Constant 2000 US$ per capita 6,452.37 constant 2000 US$
Ranked 15th.
25,948.98 constant 2000 US$
Ranked 1st. 4 times more than Trinidad and Tobago

Gross fixed capital formation > Current US$ 2.47 billion$
Ranked 89th.
2.19 trillion$
Ranked 1st. 886 times more than Trinidad and Tobago

Household final > Consumption expenditure > Current US$ > Per capita 5,617.78$ per capita
Ranked 36th.
27,972.58$ per capita
Ranked 3rd. 5 times more than Trinidad and Tobago

Gross national expenditure > Constant 2000 US$ 11.41 billion constant 2000 US$
Ranked 68th.
11.31 trillion constant 2000 US$
Ranked 1st. 991 times more than Trinidad and Tobago

Research and development spending 0.1%
Ranked 62nd.
2.5%
Ranked 7th. 25 times more than Trinidad and Tobago
Tax > Time to prepare and pay taxes > Hours 210
Ranked 95th. 12% more than United States
187
Ranked 112th.

Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU 62.01 billion
Ranked 94th.
12.42 trillion
Ranked 15th. 200 times more than Trinidad and Tobago

Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ $203.31 million
Ranked 43th.
$162.52 billion
Ranked 1st. 799 times more than Trinidad and Tobago

Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo $20.03 billion
Ranked 71st.
$2.16 trillion
Ranked 2nd. 108 times more than Trinidad and Tobago

Royalty and license fees > Payments > BoP > Current US$ per capita 0.163 BoP $
Ranked 86th.
82.91 BoP $
Ranked 17th. 507 times more than Trinidad and Tobago

Net income > BoP > Current US$ per million -462,887,260.255 BoP $
Ranked 127th.
38.22 million BoP $
Ranked 22nd.

Commercial service imports > Current US$ 314.1 million$
Ranked 121st.
281.17 billion$
Ranked 1st. 895 times more than Trinidad and Tobago

Trade > Imports of goods > Services and income > BoP > Current US$ per capita 4,594.77 BoP $
Ranked 48th.
8,308.6 BoP $
Ranked 37th. 81% more than Trinidad and Tobago

Commercial service imports > Current US$ > Per capita 241.37$ per capita
Ranked 81st.
948.58$ per capita
Ranked 47th. 4 times more than Trinidad and Tobago

Foreign direct investment > Net > BoP > Current US$ > Per $ GDP 92.04 BoP $ per $1,000 of GDP
Ranked 13th. 11 times more than United States
8.11 BoP $ per $1,000 of GDP
Ranked 88th.

Natural gas > Consumption 21.97 billion cu m
Ranked 24th.
683.3 billion cu m
Ranked 1st. 31 times more than Trinidad and Tobago

Natural gas > Proved reserves per capita 306,207.72 cu m
Ranked 9th. 14 times more than United States
22,397.07 cu m
Ranked 30th.

Natural gas > Proved reserves 408.2 billion cu m
Ranked 30th.
6.93 trillion cu m
Ranked 6th. 17 times more than Trinidad and Tobago

External debt > Date of information 2006 est. 30 June 2006 est.
Micro > Small and medium enterprises > Per 1,000 people 14.72 per 1,000 people
Ranked 21st.
19.99 per 1,000 people
Ranked 19th. 36% more than Trinidad and Tobago
Tourism > International tourism, receipts for travel items > Current US$ per capita $338.83
Ranked 70th.
$479.02
Ranked 62nd. 41% more than Trinidad and Tobago

Tourism > International tourism, expenditures > Current US$ $97.00 million
Ranked 143th.
$117.29 billion
Ranked 2nd. 1209 times more than Trinidad and Tobago

Tourism > International tourism, number of departures 248,000
Ranked 69th.
58.5 million
Ranked 4th. 236 times more than Trinidad and Tobago

Companies > Ease of doing business index > 1=most business-friendly regulations per million 47.1
Ranked 41st. 3697 times more than United States
0.0127
Ranked 188th.
International tourism > Receipts for travel items > Current US$ $397.00 million
Ranked 95th.
$134.91 billion
Ranked 2nd. 340 times more than Trinidad and Tobago

Tourism receipts > International > Per $ GDP $40.78 per $1,000 of GDP
Ranked 71st. 4 times more than United States
$9.90 per $1,000 of GDP
Ranked 131st.

Trade > Tariffs > Binding coverage > All products 99.98%
Ranked 7th. The same as United States
99.96%
Ranked 12th.

GDP > PPP > Constant 2000 international $ > Per capita 12,991.47 PPP 2000 $ per capita
Ranked 40th.
37,267.35 PPP 2000 $ per capita
Ranked 2nd. 3 times more than Trinidad and Tobago

GDP > PPP > Current international $ > Per capita 14,602.79 PPP $ per capita
Ranked 40th.
41,889.59 PPP $ per capita
Ranked 2nd. 3 times more than Trinidad and Tobago

Patent applications > Nonresidents 551
Ranked 16th.
210,062
Ranked 1st. 381 times more than Trinidad and Tobago

International tourism > Expenditures > Current US$ 288 million$
Ranked 79th.
99.62 billion$
Ranked 1st. 346 times more than Trinidad and Tobago

Tax > Tax payments > Number per million 29.16
Ranked 33th. 832 times more than United States
0.035
Ranked 185th.

Trade > Exports > Per $ GDP $0.61 per $1 of GDP
Ranked 21st. 8 times more than United States
$0.08 per $1 of GDP
Ranked 152nd.

Purchasing power parity > GDP > PPP > Constant 2005 international $ $31.08 billion
Ranked 89th.
$12.82 trillion
Ranked 2nd. 412 times more than Trinidad and Tobago

Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ $5.88
Ranked 77th. 6 times more than United States
$1.00
Ranked 124th.

Trade > Exports > Export growth 94.82
Ranked 110th.
115.12
Ranked 92nd. 21% more than Trinidad and Tobago

Tourism expenditures > International $141.00 million
Ranked 95th.
$93.22 billion
Ranked 1st. 661 times more than Trinidad and Tobago

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbooks 2010, 2011, 2012, 2013; Wikipedia: List of countries by public debt (List) (Public debt , The World Factbook , United States Central Intelligence Agency , accessed on March 21, 2013.); World Bank national accounts data, and OECD National Accounts data files.; CIA World Factbook 2010, 2011, 2012, 2013; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data, and OECD National Accounts data files. 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Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; Porter, Michael E. and Scott Stern, National Innovative Capacity, Chapter 2.2 in Porter, Michael, and JeffreySachs (eds.), The Global Competitiveness Report 2001-2002, New York: Oxford University Press, 2001, p.104. via ciesin.org; International Monetary Fund, Financial Access Survey. World Bank World Development Indicators.; United Nations Statistics Division. Source tables; Wikipedia: List of countries by public debt (List) (Government net & gross debt 2013 , International Monetary Fund , April 2013 World Economic Outlook Databse.). Population figures from World Bank: (1) United Nations Population Division. 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Washington, DC; World Intellectual Property Organization (WIPO), World Intellectual Property Indicators and www.wipo.int/econ_stat. The International Bureau of WIPO assumes no responsibility with respect to the transformation of these data.; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; World Investment Report 2001, United Nations Conference on Trade and Development (UNCTAD); International Monetary Fund, Government Finance Statistics Yearbook and data files.; World Bank. 2002. Correspondence on GDP per capita annual growth rates. March. Washington, DC; World Bank. 2002. World Development Indicators 2002. CD-ROM. 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