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Economy Stats: compare key data on Australia & China

Luke.Metcalfe

Author: Luke.Metcalfe

Australia and China are both major economies. Australia has been very stable in terms of its economic growth and standard of living. Although it has experienced financial crisis, Australia still continue to hold on with its economy by depending much on its mining industry and services sector. Another factor why Australia is still included in the top 15 biggest economy in the world is its welcoming atmosphere among foreign investors. Aside from that, it is an active r of World Trade Organization making its linkages expand and its foreign investment increase.

China’s economy has been booming in the past 10 years. In fact, it has become the world’s major exporter because of the merchandise used now are manufactured in China. Although it is a communist country, it has introduced reforms and has liberalized its economic plans attracting foreign investors and trading industry to invest in China.

With regard to GDP, Australia is ranked 13th while China is now on the 3rd spot. However, Human Development Index would show that Australia still offers better quality of living having ranked 3rd compared to China’s 84th ranking.

Tourism industry also contributes to the increasing economy of the two countries. In terms of ranking, China is visited more by tourists having 53 million visitors a year. The increase in tourist arrivals especially in China is already an indication that more foreigners are interested to invest in the country.

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 > Composition, by sector of origin > Services: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • GDP > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
  • GDP > Purchasing power parity per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Figures expressed per capita for the same year.
  • GDP per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Gross National Income: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop).
  • Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
  • 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.
  • Exports per capita: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Distribution of family income > Gini index: This index measures the degree of inequality in the distribution of family income in a country. The index is calculated from the Lorenz curve, in which cumulative family income is plotted against the number of families arranged from the poorest to the ric
  • Human Development Index: The human development index values in this table were calculated using a consistent methodology and consistent data series. They are not strictly comparable with those in earlier Human Development Reports.
  • Tourist arrivals > Per capita: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival." Per capita figures expressed per 1,000 population.
  • GDP > Purchasing power parity: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.
  • Currency > PPP conversion factor to official exchange rate ratio: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar). The ratio of the PPP conversion factor to the official exchange rate (also referred to as the national price level) makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.
  • Fiscal year: The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
  • GDP > Composition by sector > Industry: The gross domestic product (GDP) or value of all final goods produced by the industrial sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • Currency > Official exchange rate > LCU per US$, period average: Official exchange rate (LCU per US$, period average). Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • Inequality > GINI index: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality."
  • Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Gross National Income per capita: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop). Figures expressed per capita for the same year.
  • Tax > Highest marginal tax rate > Individual rate: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals.
  • Technology index: The technology index denotes the country's technological readiness. This index is created with such indicators as companies spending on R&D, the creativity of its scientific community, personal computer and internet penetration rates.
  • Development > Human Development Index: Human Development Index trends, 1980-2012.
  • Big Mac Index: Price of a McDonald's Big Mac in US Dollars at current exchange rates. January 12th, 2006.
  • 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.
  • Trade > With US > US imports of bauxite and aluminum: US imports of bauxite and aluminum, USD Thousands, 2004
  • 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.
  • Business > Companies > Corporate governance (overall rating): Overall rating of each country's adherence to the corporate governance guidelines set forth in three prominent economical essays. The ratings are out of 10, with 10 meaning full adherence.
  • Current account balance per capita: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • 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.
  • 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 $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars.
  • Investment > Gross fixed: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.
  • Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.
  • Income receipts > BoP > Current US$ per capita: Income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Bank liquid > Reserves to bank assets ratio: Ratio of bank liquid reserves to bank assets is the ratio of domestic currency holdings and deposits with the monetary authorities to claims on other governments, nonfinancial public enterprises, the private sector, and other banking institutions.
  • Tax > Highest marginal tax rate > Corporate rate: Highest marginal tax rate (corporate rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of corporations.
  • GDP > Composition, by sector of origin > Industry: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • 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$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Net barter terms of trade: Net barter terms of trade are the ratio of the export price index to the corresponding import price index measured relative to the base year 2000.
    2000 = 100
  • Tax > Tax payments > Number: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.
  • Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
  • Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 million $ gross domestic product.
  • Gross domestic savings: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • Inflation: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used."
  • Investment > External financial assets per capita: Financial assets in 2013 EUR billions. Figures expressed per capita for the same year.
  • Outbound tourist spending: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars."
  • Income > GNI, PPP > Current international $ per capita: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. Figures expressed per capita for the same year.
  • Income > GNI per capita, PPP > Current international $: GNI per capita, PPP (current international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • IKEA > First store opening year: Date the first IKEA store, a home products retail chain, was opened in different countries.
  • 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.
  • Big Mac Index > Per $ GDP: Price of a McDonald's Big Mac in US Dollars at current exchange rates. January 12th, 2006. Per $ GDP figures expressed per 14.1 billion $ gross domestic product.
  • Size of economy > GDP > GDP growth: GDP growth (annual %).
  • GDP > Constant 2000 US$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Tax > Highest marginal tax rate > Individual > On income exceeding > US$: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals. This series presents the income levels for individuals above which the highest marginal tax rates levied at the national level apply.
  • International tourism > Expenditures > Current US$ per capita: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Purchasing power parity conversion factor > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States.
  • Micro > Small and medium enterprises > Number: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees.
  • GDP > Composition, by end use > Household consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
    .
  • 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.
  • 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.
  • Investment > External financial assets: Gross financial assets privately owned by residents of the country, mainly in the form of bank deposits, insurances and securities, in EUR.
  • Debt > Net foreign assets > Current LCU per capita: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency. Figures expressed per capita for the same year.
  • Tax > GDP > Current LCU: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • 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.
  • Trade > Exports to US: in US dollars. Jan 2003 - March 2003
  • Industrial production growth rate: This entry gives the annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Purchasing power parity > GDP per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • World trade > Exports: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars."
  • Labor force > By occupation > Agriculture: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
    Additional details:
    • Gibraltar: negligible (2013)
  • Bank capital to assets ratio: Bank capital to assets is the ratio of bank capital and reserves to total assets. Capital and reserves include funds contributed by owners, retained earnings, general and special reserves, provisions, and valuation adjustments. Capital includes tier 1 capital (paid-up shares and common stock), which is a common feature in all countries' banking systems, and total regulatory capital, which includes several specified types of subordinated debt instruments that need not be repaid if the funds are required to maintain minimum capital levels (these comprise tier 2 and tier 3 capital). Total assets include all nonfinancial and financial assets.
  • Labor force > By occupation > Services: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
  • 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 $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Debt > Interest rates > Central bank discount rate: Compares the annualized interest rate set by centrals banks over loans requested by commercial banks to meet temporary shortages of funds. Through these loans, central banks can influence the commercial banks' interest rates as a tool of monetary policy. Usually their interest rates are lower than the ones offered by commercial banks, which lend it at a higher rate to make their profit.
  • Technological achievement: Technology Achievement Index
    Units: Score
  • Business > Companies > Specific companies > IKEA > Debut: The year in which the first IKEA opened in each country. The first IKEA opened in Sweden in 1958.
  • Currency > Real effective exchange rate index > 2005 = 100: Real effective exchange rate index (2005 = 100). Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
  • Net domestic credit > Current LCU: Net domestic credit is the sum of net credit to the nonfinancial public sector, credit to the private sector, and other accounts. Data are in current local currency.
  • International tourism > Receipts > Current US$ per capita: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Household spending per capita: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
  • Companies > Market capitalization of listed companies > Current US$: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars.
  • Current account balance > BoP > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars.
  • Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Currency > Real effective exchange rate index: Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
    2000 = 100
  • Currency > Official exchange rate > LCU per US$ > Period average: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • GDP > CIA Factbook per capita: . Figures expressed per capita for the same year.
  • Oil > Exports: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
    Additional details:
    • Bahamas, The: transshipments of 41,570 bbl/day (2007)
    • Bahamas, The: transshipments of 41,610 bbl/day (2009)
  • GDP > Composition, by end use > Exports of goods and services: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
     .
  • Purchasing power parity > GNI per capita > PPP > Current international $: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Income > Health expenditure per capita, PPP > Constant 2005 international $: Health expenditure per capita, PPP (constant 2005 international $). Total health expenditure is the sum of public and private health expenditures as a ratio of total population. It covers the provision of health services (preventive and curative), family planning activities, nutrition activities, and emergency aid designated for health but does not include provision of water and sanitation. Data are in international dollars converted using 2005 purchasing power parity (PPP) rates.
  • Spending > Household final consumption expenditure > Current US$ per capita: Household final consumption expenditure (current US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tax > GDP > Current LCU per capita: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency. Figures expressed per capita for the same year.
  • Debt > Strength of legal rights index > 0=weak to 10=strong per million: Strength of legal rights index (0=weak to 10=strong). Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 10, with higher scores indicating that these laws are better designed to expand access to credit. Figures expressed per million population for the same year.
  • Oil > Production: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • Economy growth: Measures growth in the economy or ""economy growth"". Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources."
  • Purchasing power parity > Gross domestic product per capita > PPP: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • Trade > Export value index: Export values are from UNCTAD's value indexes or from current values of merchandise exports.
    2000 = 100
  • Debt > Interest payments > Current LCU: Interest payments (current LCU). Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.
  • Innovation: Innovation
    Units: Unitless Scale
  • Electricity > Consumption per capita: This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. Figures expressed per capita for the same year.
  • Market capitalization of listed companies > Current US$ > Per $ GDP: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • GDP > CIA Factbook > Per capita: Per capita figures expressed per 1 population.
  • Household spending: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
  • Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita: Household final consumption expenditure, PPP (constant 2005 international $). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates. Figures expressed per capita for the same year.
  • GDP > Composition, by end use > Government consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
  • GDP > Per $ GDP: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Spending > Household final consumption expenditure, etc. > Current US$: Household final consumption expenditure, etc. (current US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • Entrepreneurship > Starting a Business > Index ranking: Doing Business records all generic procedures that are officially required for an entrepreneur to start up and operate an industrial or commercial business. These include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions with relevant authorities. After a study of laws, regulations and publicly available information on business entry, a detailed list of procedures, time, cost and paid-in minimum capital requirements is developed. Subsequently, local incorporation lawyers and government officials complete and verify the data on applicable procedures, the time and cost of complying with each procedure under normal circumstances and the paid-in minimum capital. On average 4 law firms participate in each country. Information is also collected on the sequence in which procedures are to be completed and whether procedures may be carried out simultaneously. It is assumed that any required information is readily available and that all government and nongovernment agencies involved in the start-up process function efficiently and without corruption. If answers by local experts differ, inquiries continue until the data are reconciled. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
  • 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.
  • Entrepreneurship > Hiring and Firing > Index ranking: Every economy has established a complex system of laws and institutions intended to protect the interests of workers and to guarantee a minimum standard of living for its population. The OECD Job Study and the International Encyclopedia for Labour Law and Industrial Relations identify 4 areas subject to statutory regulation in all countries: employment, social security, industrial relations and occupational health and safety. Doing Business focuses on the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This year data on social security payments by the employer and pension benefits, including the mandatory retirement age, have been added. The data on hiring and firing workers are based on a detailed survey of employment and social security regulations. The survey is completed by local law firms. The employment laws of most countries are available online in the NATLEX database, published by the International Labour Organization. In all cases both actual laws and secondary sources are used to ensure accuracy. Conflicting answers are further checked against 2 additional sources, including a local legal treatise on employment regulation. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
  • Income > GDP, PPP > Current international $ per capita: GDP, PPP (current international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. Figures expressed per capita for the same year.
  • Total > Reserves in months of imports: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. This item shows reserves expressed in terms of the number of months of imports of goods and services which could be paid for.
  • Imports > Commodities: This entry provides a listing of the highest-valued imported products; it sometimes includes the percent of total dollar value.
  • Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults: Automated teller machines (ATMs) (per 100,000 adults). Automated teller machines are computerized telecommunications devices that provide clients of a financial institution with access to financial transactions in a public place.
  • Business > Companies > Specific companies > Apple Stores: Countries compared by number of Apple stores located at its territory. The Apple campus, located in Cupertino (California) hosts not only the company headquartes, but the original Employee Store (now named Apple Company Store), which is the only place in the world where legitimate merchandise with the Apple logo (such as t-shirts, hats and the like) can be purchased. Another special case is China, that currently hosts 10 official Apple stores, but also numerous fake ones. These imitations try to mimic the look and feel of the orginal stores, with varying degrees of success. Other countries are known to host unauthorized stores too.
  • Inflation > Consumer price index > 2005 = 100: Consumer price index (2005 = 100). Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Gross domestic savings > Current US$ > Per $ GDP: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • GDP > Constant LCU: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • 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 > Revenue, excluding grants > Current LCU: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
  • Labor force per thousand people: This entry contains the total labor force figure. Figures expressed per thousand people for the same year.
  • Business efficiency: Based upon a business efficiency index where '100' represents the highest level of business efficiency.
  • GDP > Median household income (PPP): Median Household Income $PPP.
  • Household final > Consumption expenditure per capita > Constant 2000 US$: 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.
  • Patents granted: Patents granted to residents per million people 1998.
  • Balance of payments > Current account > Balances > Current account balance > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars."
  • Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
  • Balance of payments > Financial > Reserves: Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. These include changes in holdings of monetary gold, SDRs, foreign exchange assets, reserve position in the International Monetary Fund, and other claims on nonresidents that are available to the central authority. The measure is net of liabilities constituting foreign authorities' reserves, and counterpart items for valuation changes and exceptional financing items. Data are in current U.S. dollars."
  • Government > Sovereign wealth funds > Assets: Assets (US$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$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Net trade in goods and services > BoP > Current US$: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
  • Portfolio investment > Excluding LCFAR > BoP > Current US$: Portfolio investment excluding liabilities constituting foreign authorities' reserves covers transactions in equity securities and debt securities. Data are in current U.S. dollars.
  • Net capital account > BoP > Current US$: Net capital account includes government debt forgiveness, investment grants in cash or in kind by a government entity, and taxes on capital transfers. Also included are migrants' capital transfers and debt forgiveness and investment grants by nongovernmental entities. Data are in current U.S. dollars.
  • Budget > Expenditures > Per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
  • GDP > Composition, by end use > Investment in inventories: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
  • Trade > Exports > By good > Chocolate cocoa preparations: Exports of Chocolate/cocoa preparations, by country, in thousands USD
  • Steel > Production: Production of crude steel in million tonnes.
  • Purchasing power parity > GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Debt > External > Per $ GDP: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Trade > Exports > By good > Passenger cars etc: Exports of Passenger cars etc, by country, in thousands USD
  • Government > Revenue > Tax > Maximum tax rate for individuals: Individual (max).

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

    Mexico had range specified: 29%-3%

  • GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • Trade > With US > US imports of bauxite and aluminum per 1000: US imports of bauxite and aluminum, USD Thousands, 2004. Figures expressed per thousand population for the same year.
  • High-technology > Exports > Current US$: 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.
  • Deposit interest rate: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.
  • National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • Income > GDP per capita, PPP > Constant 2005 international $: GDP per capita, PPP (constant 2005 international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • Scientific and technical journals > Articles published: Scientific and technical journal articles refer to the number of scientific and engineering articles published in the following fields: physics, biology, chemistry, mathematics, clinical medicine, biomedical research, engineering and technology, and earth and space sciences."
  • Net income > BoP > Current US$: 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$: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars.
  • Foreign direct investment > Net > BoP > Current US$ > 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.
  • GDP per unit of energy use: GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2000 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.
  • Oil > Consumption per thousand people: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
  • Budget > Revenues > Per $ GDP: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
  • Natural gas > Production per capita: This entry is the total natural gas produced in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors. Figures expressed per capita for the same year.
  • International tourism > Expenditures for travel items > Current US$: International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars."
  • Researchers in RandD > Per million people: Researchers in R&D are professionals engaged in the conception or creation of new knowledge, products, processes, methods, or systems and in the management of the projects concerned. Postgraduate PhD students (ISCED97 level 6) engaged in R&D are included.
  • Government spending > Subsidies and other transfers > Current LCU per capita: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind. Figures expressed per capita for the same year.
  • Tax > Taxes on international trade > Current LCU: Taxes on international trade (current LCU). Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.
  • Government spending > Subsidies and other transfers > Current LCU: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.
  • Intellectual property > Patents granted: No. of Patents Granted.
  • Currency > DEC alternative conversion factor > LCU per US$: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.
  • Labor force > By occupation > Industry: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
  • 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$: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars.
  • Economic importance: Globalpolicy.org
  • Stock of direct foreign investment > At home per capita: This entry gives the cumulative US dollar value of all investments in the home country made directly by residents - primarily companies - of other countries as of the end of the time period indicated. Direct investment excludes investment through purchase of shares. Figures expressed per capita for the same year.
  • Spending > Household final consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (constant 2000 US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Spending > Final consumption expenditure > Constant 2000 US$: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars.
  • Reserves > Total reserves minus gold > Current US$: 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$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • World Bank exchange rate: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar."
  • Balance of payments > Current account > Balances > Net trade in goods > US$: 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."
  • 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.
  • Electricity > Production: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
  • Electricity > Imports per capita: This entry is the total imported electricity in kilowatt-hours. Figures expressed per capita for the same year.
  • GDP growth > Duration 1980-2000: Gross domestic product GDP growth rate from 1980 to 2000
  • Gross fixed capital formation > Current US$ per capita: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • 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.
  • 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 > GDP, PPP > Constant 2005 international $ per capita: GDP, PPP (constant 2005 international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars. Figures expressed per capita for the same year.
  • Income > GNI, PPP > Constant 2005 international $: GNI, PPP (constant 2005 international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
  • Income > GNI per capita, PPP > Constant 2005 international $: GNI per capita, PPP (constant 2005 international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
  • International tourism > Receipts > Current US$: 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, residents: Patent applications, residents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years.
  • Innovation > Patent applications, nonresidents per million: Patent applications, nonresidents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years. Figures expressed per million population for the same year.
  • Trade > Exports > Export growth in USD: Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics."
  • Trade > Imports > By good > Silver platinum etc: Imports of Silver/platinum etc, by country, in thousands USD
  • Innovation > Scientific and technical journal articles: Scientific and technical journal articles. Scientific and technical journal articles refer to the number of scientific and engineering articles published in the following fields: physics, biology, chemistry, mathematics, clinical medicine, biomedical research, engineering and technology, and earth and space sciences.
  • GDP > PPP > Current international $ per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. Figures expressed per capita for the same year.
  • Welfare > Revenue, excluding grants > Current LCU per capita: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here. Figures expressed per capita for the same year.
  • Micro > Small and medium enterprises > Number per 1000: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Figures expressed per thousand population for the same year.
  • Transnational corporations > Affiliates: Number of foreign affiliates to transnational corporations
  • Tax > Customs and other import duties > Current LCU: Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
  • 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."
  • Oil > Imports per thousand people: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products. Figures expressed per thousand people for the same year.
  • Imports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
  • Oil > Imports: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
  • Electricity > Production per capita: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. Figures expressed per capita for the same year.
  • GDP growth > Duration 1975-2000: GDP per capita annual growth rate (%) from 1975 to 2000
  • Trade > Imports > By good > Passenger cars etc: Imports of Passenger cars etc, by country, in thousands USD
  • Trade balance with US: In US dollars. Jan 2003 - March 2003
  • Services > Etc. > Value added > Constant 2000 US$: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2000 U.S. dollars.
  • Merchandise > Exports > Current US$: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in U.S. dollars. Data are in current U.S. dollars.
  • 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$: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
  • Gross national expenditure > Constant 2000 US$: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2000 U.S. dollars.
  • Household final > Consumption expenditure > Current US$ > Per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • 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."
  • Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$: Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero. In the International Financial Statistics presentation, this is equal to the difference between reserves and related items and the sum of the balances of the current, capital, and financial accounts. Data are in current U.S. dollars."
  • Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency."
  • Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo: Exports of goods and services are the total value of goods and services exported as well as income and workers' remittances received. Workers' remittances include compensation of employees. Data are in current U.S. dollars.
  • Intellectual property > Patent applications: No. of Patent Applications.
  • Trade > Imports of goods > Services and income > BoP > Current US$ per capita: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • 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.
  • Commercial service imports > Current US$: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.
  • Net income > BoP > Current US$ 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.
  • Foreign direct investment > Net > BoP > Current US$ > Per $ GDP: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Commercial service imports > Current US$ > Per capita: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies. Per capita figures expressed per 1 population.
  • Natural gas > Proved reserves per capita: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions. Figures expressed per capita for the same year.
  • Natural gas > Consumption: This entry is the total natural gas consumed in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
  • Natural gas > Proved reserves: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
  • 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.
  • Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits."
  • International tourism > Expenditures > Current US$: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
  • Tax > Tax payments > Number per million: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent. Figures expressed per million population for the same year.
  • Trade > Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Purchasing power parity > GDP > PPP > Constant 2005 international $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • Trade > Exports > Export growth: Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights. For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used."
  • Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure)."
  • Trade > Exports > By good > Perfume toilet cosmetics: Exports of Perfume/toilet/cosmetics, by country, in thousands USD
STAT Australia China HISTORY
Budget > Revenues $504.70 billion
Ranked 10th.
$1.86 trillion
Ranked 3rd. 4 times more than Australia

Budget surplus > + or deficit > - -3.4% of GDP
Ranked 109th. Twice as much as China
-1.7% of GDP
Ranked 63th.

Debt > Government debt > Public debt, share of GDP 29.3 CIA
Ranked 117th.
31.7 CIA
Ranked 110th. 8% more than Australia
Overview The Australian economy has experienced continuous growth and features low unemployment, contained inflation, very low public debt, and a strong and stable financial system. By 2012, Australia had experienced more than 20 years of continued economic growth, averaging 3.5% a year. Demand for resources and energy from Asia and especially China has grown rapidly, creating a channel for resources investments and growth in commodity exports. The high Australian dollar has hurt the manufacturing sector, while the services sector is the largest part of the Australian economy, accounting for about 70% of GDP and 75% of jobs. Australia was comparatively unaffected by the global financial crisis as the banking system has remained strong and inflation is under control. Australia has benefited from a dramatic surge in its terms of trade in recent years, stemming from rising global commodity prices. Australia is a significant exporter of natural resources, energy, and food. Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron, copper, gold, natural gas, uranium, and renewable energy sources. A series of major investments, such as the US$40 billion Gorgon Liquid Natural Gas project, will significantly expand the resources sector. Australia is an open market with minimal restrictions on imports of goods and services. The process of opening up has increased productivity, stimulated growth, and made the economy more flexible and dynamic. Australia plays an active role in the World Trade Organization, APEC, the G20, and other trade forums. Australia has bilateral free trade agreements (FTAs) with Chile, Malaysia, New Zealand, Singapore, Thailand, and the US, has a regional FTA with ASEAN and New Zealand, is negotiating agreements with China, India, Indonesia, Japan, and the Republic of Korea, as well as with its Pacific neighbors and the Gulf Cooperation Council countries, and is also working on the Trans-Pacific Partnership Agreement with Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the US, and Vietnam. Since the late 1970s China has moved from a closed, centrally planned system to a more market-oriented one that plays a major global role - in 2010 China became the world's largest exporter. Reforms began with the phasing out of collectivized agriculture, and expanded to include the gradual liberalization of prices, fiscal decentralization, increased autonomy for state enterprises, creation of a diversified banking system, development of stock markets, rapid growth of the private sector, and opening to foreign trade and investment. China has implemented reforms in a gradualist fashion. In recent years, China has renewed its support for state-owned enterprises in sectors it considers important to "economic security," explicitly looking to foster globally competitive national champions. After keeping its currency tightly linked to the US dollar for years, in July 2005 China revalued its currency by 2.1% against the US dollar and moved to an exchange rate system that references a basket of currencies. From mid 2005 to late 2008 cumulative appreciation of the renminbi against the US dollar was more than 20%, but the exchange rate remained virtually pegged to the dollar from the onset of the global financial crisis until June 2010, when Beijing allowed resumption of a gradual appreciation. The restructuring of the economy and resulting efficiency gains have contributed to a more than tenfold increase in GDP since 1978. Measured on a purchasing power parity (PPP) basis that adjusts for price differences, China in 2012 stood as the second-largest economy in the world after the US, having surpassed Japan in 2001. The dollar values of China's agricultural and industrial output each exceed those of the US; China is second to the US in the value of services it produces. Still, per capita income is below the world average. The Chinese government faces numerous economic challenges, including: (a) reducing its high domestic savings rate and correspondingly low domestic demand; (b) sustaining adequate job growth for tens of millions of migrants and new entrants to the work force; (c) reducing corruption and other economic crimes; and (d) containing environmental damage and social strife related to the economy's rapid transformation. Economic development has progressed further in coastal provinces than in the interior, and by 2011 more than 250 million migrant workers and their dependents had relocated to urban areas to find work. One consequence of population control policy is that China is now one of the most rapidly aging countries in the world. Deterioration in the environment - notably air pollution, soil erosion, and the steady fall of the water table, especially in the North - is another long-term problem. China continues to lose arable land because of erosion and economic development. The Chinese government is seeking to add energy production capacity from sources other than coal and oil, focusing on nuclear and alternative energy development. In 2010-11, China faced high inflation resulting largely from its credit-fueled stimulus program. Some tightening measures appear to have controlled inflation, but GDP growth consequently slowed to under 8% for 2012. An economic slowdown in Europe contributed to China's, and is expected to further drag Chinese growth in 2013. Debt overhang from the stimulus program, particularly among local governments, and a property price bubble challenge policy makers currently. The government's 12th Five-Year Plan, adopted in March 2011, emphasizes continued economic reforms and the need to increase domestic consumption in order to make the economy less dependent on exports in the future. However, China has made only marginal progress toward these rebalancing goals.
Exports $257.90 billion
Ranked 22nd.
$1.97 trillion
Ranked 1st. 8 times more than Australia

GDP $1.52 trillion
Ranked 13th.
$8.36 trillion
Ranked 3rd. 5 times more than Australia

GDP > Composition, by sector of origin > Services 68.9%
Ranked 55th. 54% more than China
44.6%
Ranked 145th.
GDP > Per capita $37,828.78 per capita
Ranked 15th. 5 times more than China
$7,368.68 per capita
Ranked 51st.

GDP > Per capita > PPP $42,000.00
Ranked 10th. 5 times more than China
$9,100.00
Ranked 92nd.

GDP > Purchasing power parity per capita $40,316.70
Ranked 11th. 5 times more than China
$7,379.80
Ranked 94th.

GDP per capita $67,035.57
Ranked 5th. 11 times more than China
$6,188.19
Ranked 82nd.

Gross National Income $386.00 billion
Ranked 14th.
$1.13 trillion
Ranked 6th. 3 times more than Australia
Inflation rate > Consumer prices 1.8%
Ranked 168th.
2.6%
Ranked 137th. 44% more than Australia

Public debt 32.4% of GDP
Ranked 107th. 2% more than China
31.7% of GDP
Ranked 111th.

Unemployment rate 5.2%
Ranked 88th.
6.5%
Ranked 67th. 25% more than Australia

Exports per capita $11,369.45
Ranked 28th. 8 times more than China
$1,459.25
Ranked 92nd.

Distribution of family income > Gini index 30.3
Ranked 29th.
47.4
Ranked 4th. 56% more than Australia

Human Development Index 0.955
Ranked 3rd. 26% more than China
0.755
Ranked 84th.
Tourist arrivals > Per capita 265.91 per 1,000 people
Ranked 82nd. 7 times more than China
39.88 per 1,000 people
Ranked 118th.

GDP > Purchasing power parity $961.00 billion
Ranked 18th.
$12.26 trillion
Ranked 2nd. 13 times more than Australia

Currency > PPP conversion factor to official exchange rate ratio 1.13
Ranked 14th. 5 times more than China
0.25
Ranked 132nd.

Fiscal year 1 calendar year
GDP > Composition by sector > Industry 26.6%
Ranked 108th.
46.6%
Ranked 20th. 75% more than Australia

Currency > Official exchange rate > LCU per US$, period average $0.97
Ranked 155th.
$6.31
Ranked 101st. 7 times more than Australia

Inequality > GINI index 35.19
Ranked 15th.
41.53
Ranked 20th. 18% more than Australia
Imports per capita $11,594.28
Ranked 29th. 9 times more than China
$1,223.81
Ranked 119th.

Gross National Income per capita $19,883.58
Ranked 19th. 22 times more than China
$888.47
Ranked 102nd.
Tax > Highest marginal tax rate > Individual rate 45%
Ranked 13th. The same as China
45%
Ranked 12th.

GDP per capita in 1950 $7,218.00
Ranked 5th. 12 times more than China
$614.00
Ranked 45th.
Technology index 4.93
Ranked 16th. 33% more than China
3.72
Ranked 60th.
Development > Human Development Index 0.938
Ranked 2nd. 34% more than China
0.699
Ranked 101st.

Big Mac Index $2.44
Ranked 28th. 88% more than China
$1.30
Ranked 63th.
GDP > Per capita > PPP per thousand people $1.85
Ranked 81st. 275 times more than China
$0.01
Ranked 183th.

Exports > Commodities coal, iron ore, gold, meat, wool, alumina, wheat, machinery and transport equipment electrical and other machinery, including data processing equipment, apparel, radio telephone handsets, textiles, integrated circuits
Poverty and inequality > Richest quintile to poorest quintile ratio 7
Ranked 1st.
12.2
Ranked 2nd. 74% more than Australia
Imports $263.00 billion
Ranked 20th.
$1.65 trillion
Ranked 2nd. 6 times more than Australia

Budget > Expenditures $556.10 billion
Ranked 11th.
$1.99 trillion
Ranked 3rd. 4 times more than Australia

GINI index 35.19
Ranked 11th.
46.9
Ranked 6th. 33% more than Australia
Reserves of foreign exchange and gold per capita $1,280.46
Ranked 44th. 10% more than China
$1,163.99
Ranked 50th.

Debt > Net foreign assets > Current LCU -335,508,786,761.999
Ranked 165th.
25.82 trillion
Ranked 9th.

Tourist arrivals 5.59 million
Ranked 35th.
53.05 million
Ranked 5th. 9 times more than Australia

Budget > Revenues > Per capita $15,753.02 per capita
Ranked 19th. 18 times more than China
$857.64 per capita
Ranked 46th.

Inbound tourism income > Current US$ $28.47 billion
Ranked 9th.
$44.13 billion
Ranked 8th. 55% more than Australia

Tax > Tax rates 26.43
Ranked 49th. 55% more than China
17
Ranked 82nd.

GDP per person 42,278.74
Ranked 15th. 11 times more than China
3,744.36
Ranked 92nd.

Exports > Main exports Ores and metals; wool, food and live animals; fuels, transport machinery and equipment Manufactured goods, including textiles, garments, electronics, arms
Budget > Revenues per capita $17,951.26
Ranked 11th. 21 times more than China
$858.93
Ranked 87th.

Gross National Income > Per $ GDP $63.10 per $100
Ranked 1st. 4 times more than China
$15.56 per $100
Ranked 1st.
Debt > External $1.50 trillion
Ranked 12th. 2 times more than China
$728.90 billion
Ranked 18th.

Gross domestic savings > Current US$ per capita 7,443.47$
Ranked 19th. 9 times more than China
840.45$
Ranked 52nd.

Central bank discount rate 3%
Ranked 3rd. 33% more than China
2.25%
Ranked 33th.

Debt > External > Per capita $40,368.64 per capita
Ranked 13th. 147 times more than China
$274.62 per capita
Ranked 106th.

GDP > Composition by sector > Services 69.4%
Ranked 48th. 59% more than China
43.7%
Ranked 145th.

Tax > GDP > Constant LCU 1.45 trillion
Ranked 59th.
31.66 trillion
Ranked 11th. 22 times more than Australia

Tourism > International tourism, number of arrivals per capita 0.263
Ranked 95th. 6 times more than China
0.0428
Ranked 135th.

International tourism > Receipts > Current US$ > Per $ GDP 28.17$ per $1,000 of GDP
Ranked 66th. 98% more than China
14.25$ per $1,000 of GDP
Ranked 86th.

Consumer spending 57.33
Ranked 100th. 64% more than China
34.88
Ranked 123th.

Consumer price index 116.1%
Ranked 90th. 9% more than China
106.78%
Ranked 143th.

GDP > Composition by sector > Agriculture 4%
Ranked 139th.
9.7%
Ranked 91st. 2 times more than Australia

GDP per capita > PPP > Current international $ 31,794.13 PPP $
Ranked 17th. 5 times more than China
6,757.27 PPP $
Ranked 75th.

Industries mining, industrial and transportation equipment, food processing, chemicals, steel world leader in gross value of industrial output; mining and ore processing, iron, steel, aluminum, and other metals, coal; machine building; armaments; textiles and apparel; petroleum; cement; chemicals; fertilizers; consumer products, including footwear, toys, and electronics; food processing; transportation equipment, including automobiles, rail cars and locomotives, ships, and aircraft; telecommunications equipment, commercial space launch vehicles, satellites
GDP > Composition, by end use > Imports of goods and services -22%
Ranked 13th.
-23.1%
Ranked 18th. 5% more than Australia
GDP per capita in 1973 $12,485.00
Ranked 10th. 11 times more than China
$1,186.00
Ranked 42nd.
GDP per capita > Constant LCU 39738.41 6044.03
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $22.57 billion
Ranked 15th.
$78.19 billion
Ranked 4th. 3 times more than Australia

Labor force 12
Ranked 115th.
798
Ranked 9th. 67 times more than Australia

GDP per capita in 1900 $4,299.00
Ranked 2nd. 7 times more than China
$652.00
Ranked 34th.
Trade > With US > US imports of bauxite and aluminum 137,156
Ranked 8th.
178,955
Ranked 6th. 30% more than Australia
GDP > Real growth rate 3.7%
Ranked 87th.
7.7%
Ranked 22nd. 2 times more than Australia

Debt > Government debt > Gross government debt, share of GDP 27.16 IMF
Ranked 136th. 19% more than China
22.85 IMF
Ranked 142nd.
Debt > Central government debt, total > Current LCU 430.18 billion
Ranked 29th.
1.04 trillion
Ranked 14th. 2 times more than Australia

International tourism > Number of arrivals 5.5 million
Ranked 33th.
46.81 million
Ranked 4th. 9 times more than Australia

Economic growth > Per capita -0.76
Ranked 74th.
8.54
Ranked 3rd.

Foreign direct investment > Net > BoP > Current US$ per capita 42.74 BoP $
Ranked 73th.
52.02 BoP $
Ranked 68th. 22% more than Australia

GDP per capita > Constant 2000 US$ 23,039.43 constant 2000 US$
Ranked 20th. 16 times more than China
1,448.78 constant 2000 US$
Ranked 92nd.

Micro > Small and medium enterprises > Number > Per capita 63.16 per 1,000 people
Ranked 6th. 10 times more than China
6.34 per 1,000 people
Ranked 4th.

Economic freedom 82.6
Ranked 3rd. 59% more than China
51.9
Ranked 136th.

GDP > Official exchange rate per capita $55,290.43
Ranked 6th. 13 times more than China
$4,294.67
Ranked 95th.

Stock of direct foreign investment > At home $610.80 billion
Ranked 13th.
$1.34 trillion
Ranked 3rd. 2 times more than Australia

Current account balance $-57,140,000,000.00
Ranked 175th.
$193.10 billion
Ranked 2nd.

Agriculture > Products wheat, barley, sugarcane, fruits; cattle, sheep, poultry world leader in gross value of agricultural output; rice, wheat, potatoes, corn, peanuts, tea, millet, barley, apples, cotton, oilseed; pork; fish
Trade > Imports per capita $9,082.13
Ranked 24th. 9 times more than China
$977.05
Ranked 91st.

Currency Australian dollar Renminbi ; note - also referred to by the unit yuan
Current account balance > BoP > Current US$ per capita -2,073.392 BoP $
Ranked 129th.
123.35 BoP $
Ranked 30th.

GNI per capita $49,790.00
Ranked 1st. 10 times more than China
$4,940.00
Ranked 28th.
GDP > Purchasing power parity > Per capita $37,828.78 per capita
Ranked 15th. 5 times more than China
$7,368.68 per capita
Ranked 51st.

Companies > Listed domestic companies, total 1,959
Ranked 9th.
2,494
Ranked 7th. 27% more than Australia

Trade > Exports per capita $9,548.93
Ranked 25th. 8 times more than China
$1,125.81
Ranked 83th.

Business > Companies > Corporate governance (overall rating) 6.65
Ranked 6th. 97% more than China
3.37
Ranked 34th.
Current account balance per capita 0.0
Ranked 128th.
$203.71
Ranked 32nd.

Money and quasi money > M2 > Current LCU 728971000000 29838010000000
Tourism > International tourism, number of arrivals 5.88 million
Ranked 43th.
57.58 million
Ranked 4th. 10 times more than Australia

Gross national saving 25.2% of GDP
Ranked 45th.
50.1% of GDP
Ranked 4th. 99% more than Australia

Tax > GDP > Constant LCU per capita 63,992.84
Ranked 74th. 3 times more than China
23,441.08
Ranked 108th.

Companies > Market capitalization of listed companies > Current US$ per capita $56,712.24
Ranked 9th. 21 times more than China
$2,737.39
Ranked 57th.

Market capitalization of listed companies > Current US$ per capita 39,425.43$
Ranked 16th. 21 times more than China
1,850.72$
Ranked 33th.

Household final > Consumption expenditure > Current US$ per capita 19,092.64$
Ranked 12th. 29 times more than China
663.72$
Ranked 94th.

Budget > Expenditures per capita $19,328.99
Ranked 11th. 20 times more than China
$949.39
Ranked 87th.

Reserves > Total reserves > Includes gold, current US$ $49.14 billion
Ranked 36th.
$3.39 trillion
Ranked 1st. 69 times more than Australia

Stock of broad money None None
Exchange rates Australian dollars (AUD) per US dollar -<br />0.97 (2012 est.)<br />0.97 (2011 est.)<br />1.09 (2010)<br />1.28 (2009)<br />1.21 (2008) Renminbi yuan (RMB) per US dollar -<br />6.31 (2012 est.)<br />6.46 (2011 est.)<br />6.77 (2010 est.)<br />6.83 (2009)<br />6.94 (2008)
Debt > External per capita $39,251.23
Ranked 15th. 143 times more than China
$275.44
Ranked 106th.

Size of economy > Share of world GDP 1.21%
Ranked 14th.
3.47%
Ranked 5th. 3 times more than Australia
Gross fixed capital formation > Current US$ > Per $ GDP 0.255$ per $1 of GDP
Ranked 36th.
0.423$ per $1 of GDP
Ranked 2nd. 66% more than Australia

Exports > Partners China 29.5%, Japan 19.3%, South Korea 8%, India 4.9% US 17.2%, Hong Kong 15.8%, Japan 7.4%, South Korea 4.3%
GDP > Official exchange rate $1.52 trillion
Ranked 12th.
$8.11 trillion
Ranked 1st. 5 times more than Australia

GDP per capita > PPP > Constant 2000 international $ 28,285.86 PPP 2000 $
Ranked 17th. 5 times more than China
6,011.65 PPP 2000 $
Ranked 75th.

Investment > Gross fixed 28.2% of GDP
Ranked 27th.
45.9% of GDP
Ranked 3rd. 63% more than Australia

Interest rate spread > Lending rate minus deposit rate 5.35%
Ranked 89th. 61% more than China
3.33%
Ranked 117th.

Income receipts > BoP > Current US$ per capita 797.45 BoP $
Ranked 28th. 27 times more than China
29.88 BoP $
Ranked 90th.

Bank liquid > Reserves to bank assets ratio 0.79
Ranked 158th.
16.29
Ranked 50th. 21 times more than Australia

Tax > Highest marginal tax rate > Corporate rate 30%
Ranked 38th. 20% more than China
25%
Ranked 62nd.

Stock of narrow money None None
GDP > Composition, by sector of origin > Industry 27.2%
Ranked 103th.
45.3%
Ranked 25th. 67% more than Australia
Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita $6,863.15
Ranked 31st. 7 times more than China
$1,008.63
Ranked 68th.

Debt > Net domestic credit > Current LCU 2.27 trillion
Ranked 45th.
80.56 trillion
Ranked 9th. 35 times more than Australia

Government spending 93.92 billion
Ranked 13th.
395.83 billion
Ranked 5th. 4 times more than Australia

Net current transfers from abroad > Constant LCU -389562400 89580870000
Foreign direct investment > Net inflows > BoP > Current US$ per capita -1,687.696 BoP $
Ranked 165th.
60.69 BoP $
Ranked 88th.

GDP > Current LCU 959207700000 18308500000000
High-technology > Exports > Current US$ > Per capita $197,747.91 per 1,000 people
Ranked 36th.
$286,715.69 per 1,000 people
Ranked 33th. 45% more than Australia

GDP > Composition, by sector of origin > Agriculture 3.9%
Ranked 137th.
10.1%
Ranked 89th. 3 times more than Australia
Savings > Gross domestic savings > Current US$ per capita $19,058.32
Ranked 7th. 6 times more than China
$3,145.18
Ranked 43th.

Net barter terms of trade 131.08%
Ranked 1st. 43% more than China
91.76%
Ranked 77th.

Tax > Tax payments > Number 11
Ranked 142nd. 57% more than China
7
Ranked 175th.

Real interest rate 4.2%
Ranked 75th. 3 times more than China
1.6%
Ranked 98th.

Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP 693.7 BoP $ per $1 million of
Ranked 32nd. 10 times more than China
70.45 BoP $ per $1 million of
Ranked 68th.

Gross domestic savings 267.07 billion
Ranked 15th.
2.6 trillion
Ranked 2nd. 10 times more than Australia

Inflation 112.58
Ranked 121st. 1% more than China
111.72
Ranked 132nd.

Investment > External financial assets per capita €119,079.16
Ranked 3rd. 19 times more than China
€6,270.81
Ranked 41st.

Outbound tourist spending 24.9 billion
Ranked 12th.
40.99 billion
Ranked 6th. 65% more than Australia

Income > GNI, PPP > Current international $ per capita $43,298.36
Ranked 11th. 5 times more than China
$9,036.68
Ranked 82nd.

Income > GNI per capita, PPP > Current international $ $43,300.00
Ranked 11th. 5 times more than China
$9,040.00
Ranked 82nd.

IKEA > First store opening year 1975 1998
Reserves of foreign exchange and gold $49.15 billion
Ranked 38th.
$3.34 trillion
Ranked 1st. 68 times more than Australia

Big Mac Index > Per $ GDP $0.06 per $14.1 billion of GDP
Ranked 55th. 5 times more than China
$0.01 per $14.1 billion of GDP
Ranked 61st.
Size of economy > GDP > GDP growth 3.4%
Ranked 89th.
7.8%
Ranked 20th. 2 times more than Australia

GDP > Constant 2000 US$ 468.37 billion constant 2000 US$
Ranked 14th.
1.89 trillion constant 2000 US$
Ranked 4th. 4 times more than Australia

Tax > Highest marginal tax rate > Individual > On income exceeding > US$ $133,560.00
Ranked 8th.
$175,716.00
Ranked 6th. 32% more than Australia

International tourism > Expenditures > Current US$ per capita 739.21$
Ranked 17th. 39 times more than China
18.96$
Ranked 95th.

Purchasing power parity conversion factor > LCU per international $ 1.48 2.08
Micro > Small and medium enterprises > Number 1.27 million
Ranked 7th.
8 million
Ranked 1st. 6 times more than Australia

GDP > Composition, by end use > Household consumption 54.9%
Ranked 142nd. 53% more than China
36%
Ranked 175th.
Current transfers > Receipts > BoP > Current US$ 3.26 billion BoP $
Ranked 38th.
27.73 billion BoP $
Ranked 2nd. 9 times more than Australia

Innovation > Patent applications, residents per million 106.75
Ranked 27th.
309.37
Ranked 6th. 3 times more than Australia

Tax > Taxes on income, profits and capital gains > Current LCU 204.92 billion
Ranked 30th.
1.07 trillion
Ranked 17th. 5 times more than Australia

Debt > Net current transfers from abroad > Current LCU -1,430,131,088.566
Ranked 121st.
21.67 billion
Ranked 52nd.

Saving rate 21.47
Ranked 61st.
53.62
Ranked 1st. 2 times more than Australia

GDP > PPP > Constant 2000 international $ per capita 28,194.6 PPP 2000 $
Ranked 17th. 5 times more than China
6,015.25 PPP 2000 $
Ranked 76th.

International tourism > Number of departures 4.75 million
Ranked 22nd.
31.03 million
Ranked 5th. 7 times more than Australia

Debt > Central government debt, total > Current LCU per capita 19,269.88
Ranked 33th. 23 times more than China
831.03
Ranked 55th.

Net income > BoP > Current US$ > Per capita -1,362,110.286 BoP $ per 1,000 people
Ranked 132nd.
8,152.66 BoP $ per 1,000 people
Ranked 27th.

GDP > CIA Factbook $571.40 billion
Ranked 16th.
$6.45 trillion
Ranked 2nd. 11 times more than Australia

Poverty and inequality > Poorest's share in national income or consumption 5.9%
Ranked 9th. 26% more than China
4.67%
Ranked 23th.

Investment > External financial assets €2.65 trillion
Ranked 9th.
€8.46 trillion
Ranked 3rd. 3 times more than Australia

Debt > Net foreign assets > Current LCU per capita -14,790.809
Ranked 164th.
19,114.25
Ranked 77th.

Tax > GDP > Current LCU 1.47 trillion
Ranked 78th.
51.93 trillion
Ranked 17th. 35 times more than Australia

GDP > PPP per capita $30,105.33
Ranked 14th. 5 times more than China
$5,496.37
Ranked 90th.
GNI 900.68 billion
Ranked 14th.
5.03 trillion
Ranked 4th. 6 times more than Australia

GDP per capita in 1820 $1,528.00
Ranked 2nd. 3 times more than China
$523.00
Ranked 23th.
GDP > PPP $605.94 billion
Ranked 16th.
$7.12 trillion
Ranked 2nd. 12 times more than Australia
Development > Human Development Index > Inequality adjusted 0.864
Ranked 2nd. 59% more than China
0.543
Ranked 67th.
Market capitalization of listed companies > Current US$ 804.07 billion$
Ranked 10th.
2.43 trillion$
Ranked 1st. 3 times more than Australia

Companies > Listed domestic companies, total per million 86.36
Ranked 9th. 47 times more than China
1.85
Ranked 95th.

Tax > GDP > Current US$ per capita $67,555.76
Ranked 6th. 11 times more than China
$6,091.01
Ranked 84th.

Trade > Exports to US $1.43 billion
Ranked 32nd.
$31.14 billion
Ranked 3rd. 22 times more than Australia
Industrial production growth rate 3.5%
Ranked 77th.
7.9%
Ranked 27th. 2 times more than Australia

Purchasing power parity > GDP per capita > PPP > Current international $ $39,230.73
Ranked 10th. 6 times more than China
$6,827.95
Ranked 82nd.

World trade > Exports 205.67 billion
Ranked 27th.
1.33 trillion
Ranked 4th. 6 times more than Australia

Labor force > By occupation > Agriculture 3.6%
Ranked 155th.
34.8%
Ranked 67th. 10 times more than Australia

Tourist arrivals by region of origin > Europe 1.33 million
Ranked 41st.
5.17 million
Ranked 20th. 4 times more than Australia

Bank capital to assets ratio 5.9%
Ranked 61st. 55% more than China
3.8%
Ranked 77th.

Labor force > By occupation > Services 75%
Ranked 2nd. 2 times more than China
35.7%
Ranked 22nd.

Companies > Stock market > Stocks traded, total value > Current US$ per capita $46,361.51
Ranked 4th. 11 times more than China
$4,313.71
Ranked 30th.

Lending interest rate 9.06%
Ranked 94th. 62% more than China
5.58%
Ranked 126th.

Industrial > Production growth rate 3%
Ranked 105th.
11%
Ranked 16th. 4 times more than Australia

Tax > Taxes on income, profits and capital gains > Current LCU per capita 9,179.53
Ranked 35th. 11 times more than China
799.74
Ranked 90th.

Tax > GDP per capita > Constant LCU 63,992.84
Ranked 74th. 3 times more than China
23,441.08
Ranked 108th.

Spending > Household final consumption expenditure per capita > Constant 2000 US$ $21,651.27
Ranked 10th. 18 times more than China
$1,214.42
Ranked 72nd.

Income > GDP per capita, PPP > Current international $ $44,597.83
Ranked 10th. 5 times more than China
$9,083.20
Ranked 90th.

Debt > Interest rates > Central bank discount rate 2.5%
Ranked 82nd.
6%
Ranked 60th. 2 times more than Australia
Technological achievement 0.59
Ranked 9th. 97% more than China
0.3
Ranked 41st.
Business > Companies > Specific companies > IKEA > Debut 1,975
Ranked 42nd.
1,998
Ranked 20th. 1% more than Australia

Currency > Real effective exchange rate index > 2005 = 100 126.05
Ranked 22nd.
128.86
Ranked 18th. 2% more than Australia

Net domestic credit > Current LCU 1053199000000 24836710000000
International tourism > Receipts > Current US$ per capita 1,011.88$
Ranked 21st. 41 times more than China
24.42$
Ranked 97th.

Household spending per capita 14,937.88
Ranked 11th. 18 times more than China
812.01
Ranked 72nd.

Commercial bank prime lending rate 6.98%
Ranked 124th. 16% more than China
6%
Ranked 135th.

Companies > Market capitalization of listed companies > Current US$ $1.29 trillion
Ranked 9th.
$3.70 trillion
Ranked 3rd. 3 times more than Australia

Current account balance > BoP > Current US$ -42,286,420,000 BoP $
Ranked 134th.
160.82 billion BoP $
Ranked 2nd.

Trade > Imports $200.40 billion
Ranked 20th.
$1.31 trillion
Ranked 2nd. 7 times more than Australia

Currency > Real effective exchange rate index 125.9%
Ranked 9th. 36% more than China
92.48%
Ranked 65th.

Currency > Official exchange rate > LCU per US$ > Period average 1.33 7.97
GDP > CIA Factbook per capita $28,720.21
Ranked 13th. 6 times more than China
$5,005.43
Ranked 85th.

Oil > Exports 312,600 bbl/day
Ranked 39th.
480,600 bbl/day
Ranked 28th. 54% more than Australia

GDP > Composition, by end use > Exports of goods and services 20.1%
Ranked 164th.
25.8%
Ranked 145th. 28% more than Australia
Purchasing power parity > GNI per capita > PPP > Current international $ $38,210.00
Ranked 8th. 6 times more than China
$6,890.00
Ranked 79th.

Income > Health expenditure per capita, PPP > Constant 2005 international $ $3,691.55
Ranked 14th. 9 times more than China
$432.28
Ranked 101st.

Spending > Household final consumption expenditure > Current US$ per capita $36,154.56
Ranked 3rd. 16 times more than China
$2,209.35
Ranked 85th.

Tax > GDP > Current LCU per capita 65,008.55
Ranked 89th. 69% more than China
38,448.51
Ranked 106th.

Trillion dollar club > Date when country entered 2,008
Ranked 1st. 1% more than China
1,998
Ranked 5th.
Debt > Strength of legal rights index > 0=weak to 10=strong per million 0.441
Ranked 108th. 119 times more than China
0.0037
Ranked 188th.

Oil > Production 549,200 bbl/day
Ranked 29th.
4.27 million bbl/day
Ranked 4th. 8 times more than Australia

Economy growth 1.29
Ranked 68th.
9.1
Ranked 4th. 7 times more than Australia

Purchasing power parity > Gross domestic product per capita > PPP 34,259.08
Ranked 12th. 6 times more than China
6,200.21
Ranked 81st.

Trade > Export value index 138.27%
Ranked 17th.
230.16%
Ranked 9th. 66% more than Australia

Debt > Interest payments > Current LCU 16.99 billion
Ranked 51st.
150.89 billion
Ranked 22nd. 9 times more than Australia

Innovation 26.9
Ranked 8th. 49% more than China
18.1
Ranked 41st.
Electricity > Consumption per capita 10,540.39 kWh
Ranked 9th. 4 times more than China
2,595.39 kWh
Ranked 60th.
Market capitalization of listed companies > Current US$ > Per $ GDP 1,097.71$ per $1,000 of GDP
Ranked 23th. 3 times more than China
349.44$ per $1,000 of GDP
Ranked 55th.

GDP > CIA Factbook > Per capita $28,752.58 per capita
Ranked 13th. 6 times more than China
$5,005.43 per capita
Ranked 91st.

Household spending 320.15 billion
Ranked 14th.
1.08 trillion
Ranked 6th. 3 times more than Australia

Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita $19,670.48
Ranked 9th. 8 times more than China
$2,434.95
Ranked 78th.

GDP > Composition, by end use > Government consumption 18.2%
Ranked 63th. 35% more than China
13.5%
Ranked 122nd.
GDP > Per $ GDP $37,828.78 per $1 of GDP
Ranked 15th. 5 times more than China
$7,368.68 per $1 of GDP
Ranked 51st.

Spending > Household final consumption expenditure, etc. > Current US$ $827.42 billion
Ranked 13th.
$2.85 trillion
Ranked 4th. 3 times more than Australia

Entrepreneurship > Starting a Business > Index ranking 2
Ranked 153th.
126
Ranked 30th. 63 times more than Australia
Gross domestic savings > Current US$ 149.82 billion$
Ranked 15th.
1.1 trillion$
Ranked 1st. 7 times more than Australia

GNI > Current US$ per capita 34,559.4$
Ranked 15th. 20 times more than China
1,721.94$
Ranked 95th.

GDP > Constant 2000 US$ per capita 22,965.1 constant 2000 US$
Ranked 20th. 16 times more than China
1,449.64 constant 2000 US$
Ranked 92nd.

Trade > Exports $210.70 billion
Ranked 20th.
$1.51 trillion
Ranked 1st. 7 times more than Australia

Purchasing power parity > GDP > PPP > Current international $ $858.17 billion
Ranked 17th.
$9.09 trillion
Ranked 3rd. 11 times more than Australia

Gross national expenditure > Constant 2000 US$ per capita 24,495.85 constant 2000 US$
Ranked 8th. 19 times more than China
1,290.56 constant 2000 US$
Ranked 66th.

Entrepreneurship > Hiring and Firing > Index ranking 14
Ranked 140th.
87
Ranked 67th. 6 times more than Australia
Income > GDP, PPP > Current international $ per capita $44,597.83
Ranked 10th. 5 times more than China
$9,083.20
Ranked 90th.

Total > Reserves in months of imports 2.68
Ranked 82nd.
13.47
Ranked 4th. 5 times more than Australia

Imports > Commodities machinery and transport equipment, computers and office machines, telecommunication equipment and parts; crude oil and petroleum products electrical and other machinery, oil and mineral fuels, optical and medical equipment, metal ores, motor vehicles
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults 165.95
Ranked 5th. 4 times more than China
37.51
Ranked 79th.

Business > Companies > Specific companies > Apple Stores 21
Ranked 4th. 2 times more than China
10
Ranked 9th.
Inflation > Consumer price index > 2005 = 100 121.81
Ranked 133th.
124.9
Ranked 114th. 3% more than Australia

Gross domestic savings > Current US$ > Per $ GDP 228.51$ per $1,000 of GDP
Ranked 63th.
490.41$ per $1,000 of GDP
Ranked 6th. 2 times more than Australia

GDP > Constant LCU 807842200000 7884433000000
Poverty and inequality > Inequality adjusted income index 0.719
Ranked 15th. 58% more than China
0.455
Ranked 63th.
Trade > Export growth 4.07
Ranked 45th.
-10.32
Ranked 61st.

Welfare > Revenue, excluding grants > Current LCU 321.27 billion
Ranked 46th.
4.63 trillion
Ranked 15th. 14 times more than Australia

Labor force per thousand people 0.000539
Ranked 100th.
0.000591
Ranked 94th. 10% more than Australia

Business efficiency 81.97
Ranked 9th. 30% more than China
63.22
Ranked 29th.
GDP > Median household income (PPP) $56,797.00
Ranked 5th. 8 times more than China
$7,540.00
Ranked 80th.
Household final > Consumption expenditure per capita > Constant 2000 US$ 13,916.95 constant 2000 US$
Ranked 12th. 24 times more than China
591.89 constant 2000 US$
Ranked 80th.

Public institution index 6.1
Ranked 12th. 39% more than China
4.39
Ranked 54th.
GNI > Atlas method > Current US$ per capita 33,008.29$
Ranked 17th. 19 times more than China
1,740.98$
Ranked 89th.

Income > Household final consumption expenditure, PPP > Constant 2005 international $ $446.20 billion
Ranked 18th.
$3.29 trillion
Ranked 3rd. 7 times more than Australia

Income > GNI, PPP > Current international $ $982.16 billion
Ranked 18th.
$12.21 trillion
Ranked 3rd. 12 times more than Australia

Income > GDP, PPP > Current international $ $1.01 trillion
Ranked 18th.
$12.27 trillion
Ranked 3rd. 12 times more than Australia

Currency > Monetary unit 1 Australian dollar = 100 cents 1 Renminbi (yuan) (Y) = 10 jiao = 100 fen;
Budget > Expenditures > Per $ GDP $0.34 per $1 of GDP
Ranked 54th. 74% more than China
$0.19 per $1 of GDP
Ranked 115th.

Taxes and other revenues 33.2% of GDP
Ranked 67th. 45% more than China
22.9% of GDP
Ranked 128th.

Patents granted 75 per million people
Ranked 19th. 75 times more than China
1 per million people
Ranked 60th.
Balance of payments > Current account > Balances > Current account balance > Current US$ $-47,786,269,398.64
Ranked 150th.
$297.14 billion
Ranked 1st.

Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U $234.30 billion
Ranked 21st.
$1.33 trillion
Ranked 4th. 6 times more than Australia

Balance of payments > Financial > Reserves -1,402,666,992.08
Ranked 125th.
-400,508,412,140.22
Ranked 143th. 286 times more than Australia

Government > Sovereign wealth funds > Assets 89 billion USD
Ranked 12th.
1,308.7 billion USD
Ranked 1st. 15 times more than Australia
Oil > Proved reserves 3.32 billion bbl
Ranked 27th.
20.35 billion bbl
Ranked 14th. 6 times more than Australia

Companies > Ease of doing business index > 1=most business-friendly regulations 11
Ranked 178th.
96
Ranked 93th. 9 times more than Australia

Natural gas > Production 45.11 billion cu m
Ranked 15th.
94.41 billion cu m
Ranked 7th. 2 times more than Australia

GDP deflator 118.74
Ranked 132nd.
232.21
Ranked 60th. 96% more than Australia

Oil > Consumption 960,800 bbl/day
Ranked 22nd.
9.19 million bbl/day
Ranked 2nd. 10 times more than Australia

Tourism > International tourism, receipts > Current US$ $34.17 billion
Ranked 9th.
$53.31 billion
Ranked 6th. 56% more than Australia

Electricity > Consumption 225.4 billion kWh
Ranked 13th.
3.44 trillion kWh
Ranked 2nd. 15 times more than Australia
Spending > Final consumption expenditure > Constant 2000 US$ per capita $28,284.11
Ranked 16th. 17 times more than China
$1,674.55
Ranked 69th.

Currency > GDP > Constant 2000 US$ per capita $37,304.64
Ranked 17th. 11 times more than China
$3,348.01
Ranked 95th.

Tax > GDP > Current US$ $1.53 trillion
Ranked 13th.
$8.23 trillion
Ranked 3rd. 5 times more than Australia

Net trade in goods and services > BoP > Current US$ -14,233,030,000 BoP $
Ranked 130th.
124.8 billion BoP $
Ranked 2nd.

Portfolio investment > Excluding LCFAR > BoP > Current US$ -78,511,390,000 BoP $
Ranked 110th. 66% more than China
-47,380,940,000 BoP $
Ranked 102nd.

Net capital account > BoP > Current US$ 886.26 million BoP $
Ranked 12th.
4.1 billion BoP $
Ranked 4th. 5 times more than Australia

Budget > Expenditures > Per capita $15,454.50 per capita
Ranked 18th. 16 times more than China
$947.96 per capita
Ranked 46th.

GDP > Composition, by end use > Investment in inventories 0.4%
Ranked 90th.
2.1%
Ranked 30th. 5 times more than Australia
Tourist arrivals by region of origin > Africa 70,876
Ranked 41st.
210,533
Ranked 18th. 3 times more than Australia

Trade > Exports > By good > Chocolate cocoa preparations 144,081
Ranked 13th. 5 times more than China
28,639
Ranked 29th.
Steel > Production 5.2 million tonnes
Ranked 26th.
567.8 million tonnes
Ranked 1st. 109 times more than Australia

Purchasing power parity > GNI > PPP > Current international $ $835.74 billion
Ranked 17th.
$9.17 trillion
Ranked 3rd. 11 times more than Australia

Debt > External > Per $ GDP $817.65 per $1,000 of GDP
Ranked 25th. 7 times more than China
$118.06 per $1,000 of GDP
Ranked 115th.

Trade > Exports > By good > Passenger cars etc 1.79 million
Ranked 20th. 16 times more than China
114,132
Ranked 37th.
Government > Revenue > Tax > Maximum tax rate for individuals 0.0
Ranked 1st.
5%
Ranked 18th.
GNI > PPP > Current international $ 621.86 billion PPP $
Ranked 16th.
8.86 trillion PPP $
Ranked 2nd. 14 times more than Australia

Trade > With US > US imports of bauxite and aluminum per 1000 6.81
Ranked 10th. 49 times more than China
0.138
Ranked 58th.
High-technology > Exports > Current US$ $4.15 billion
Ranked 32nd.
$381.34 billion
Ranked 2nd. 92 times more than Australia

Stock of direct foreign investment > Abroad $426.00 billion
Ranked 16th.
$509.00 billion
Ranked 15th. 19% more than Australia

Oil > Exports per thousand people 14.35 bbl/day
Ranked 39th. 40 times more than China
0.361 bbl/day
Ranked 105th.

Final > Consumption expenditure > Etc. > Current US$ 505.81 billion$
Ranked 11th.
1.14 trillion$
Ranked 5th. 2 times more than Australia

Gross National Income > Constant LCU 793542500000 7848695000000
GDP > Constant 2000 US$ > Per capita 23,039.43 constant 2000 US$ per c
Ranked 20th. 16 times more than China
1,448.78 constant 2000 US$ per c
Ranked 92nd.

Deposit interest rate 3.7%
Ranked 78th. 64% more than China
2.25%
Ranked 121st.

National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $25,056.15
Ranked 18th. 11 times more than China
$2,206.26
Ranked 81st.

Income > GDP per capita, PPP > Constant 2005 international $ $35,668.77
Ranked 15th. 4 times more than China
$7,957.62
Ranked 89th.

Scientific and technical journals > Articles published 17,830.6
Ranked 12th.
56,805.8
Ranked 3rd. 3 times more than Australia

Net income > BoP > Current US$ -27,690,340,000 BoP $
Ranked 136th.
10.64 billion BoP $
Ranked 7th.

Goods imports > BoP > Current US$ 120.39 billion BoP $
Ranked 18th.
628.29 billion BoP $
Ranked 3rd. 5 times more than Australia

Foreign direct investment > Net > BoP > Current US$ > Per capita 42,879.53 BoP $ per 1,000 people
Ranked 74th.
51,990.07 BoP $ per 1,000 people
Ranked 68th. 21% more than Australia

GDP per unit of energy use 4.84 PPP 2000 $/kg of oil eq.
Ranked 60th. 11% more than China
4.36 PPP 2000 $/kg of oil eq.
Ranked 70th.

Oil > Consumption per thousand people 43.54 bbl/day
Ranked 36th. 6 times more than China
6.87 bbl/day
Ranked 130th.

Budget > Revenues > Per $ GDP $0.35 per $1 of GDP
Ranked 52nd. 93% more than China
$0.18 per $1 of GDP
Ranked 117th.

Natural gas > Production per capita 2,044.39 cu m
Ranked 9th. 29 times more than China
70.58 cu m
Ranked 28th.

International tourism > Expenditures for travel items > Current US$ $18.73 billion
Ranked 14th.
$36.16 billion
Ranked 6th. 93% more than Australia

Researchers in RandD > Per million people 3,758.92 per million people
Ranked 6th. 5 times more than China
708.15 per million people
Ranked 23th.

Government spending > Subsidies and other transfers > Current LCU per capita 11,623.37
Ranked 38th. 13 times more than China
876.05
Ranked 83th.

Tax > Taxes on international trade > Current LCU 5.84 billion
Ranked 45th.
205.45 billion
Ranked 19th. 35 times more than Australia

Government spending > Subsidies and other transfers > Current LCU 259.48 billion
Ranked 39th.
1.14 trillion
Ranked 13th. 4 times more than Australia

Intellectual property > Patents granted 17,877
Ranked 7th.
172,113
Ranked 3rd. 10 times more than Australia

Currency > DEC alternative conversion factor > LCU per US$ 1.31 8.19
Labor force > By occupation > Industry 21.1%
Ranked 66th.
29.5%
Ranked 25th. 40% more than Australia

Stocks traded > Total value > Current US$ 616.12 billion$
Ranked 13th.
1.64 trillion$
Ranked 1st. 3 times more than Australia

GDP > Composition, by end use > Investment in fixed capital 28.5%
Ranked 43th.
45.7%
Ranked 8th. 60% more than Australia
Trade > Exports > Goods and services 20%
Ranked 126th.
26%
Ranked 112th. 30% more than Australia
Royalty and license fees > Payments > BoP > Current US$ 1.64 billion BoP $
Ranked 15th.
5.32 billion BoP $
Ranked 8th. 3 times more than Australia

Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.204 BoP $ per $1 of GDP
Ranked 124th.
0.319 BoP $ per $1 of GDP
Ranked 98th. 56% more than Australia

Foreign direct investment > Net > BoP > Current US$ 871.7 million BoP $
Ranked 46th.
67.82 billion BoP $
Ranked 2nd. 78 times more than Australia

Economic importance 9
Ranked 8th. 38% more than China
6.5
Ranked 11th.
Stock of direct foreign investment > At home per capita $26,926.94
Ranked 11th. 27 times more than China
$995.04
Ranked 76th.

Spending > Household final consumption expenditure > Constant 2000 US$ per capita $21,651.27
Ranked 10th. 18 times more than China
$1,214.42
Ranked 72nd.

Spending > Final consumption expenditure > Constant 2000 US$ $641.59 billion
Ranked 16th.
$2.26 trillion
Ranked 5th. 4 times more than Australia

Reserves > Total reserves minus gold > Current US$ $44.87 billion
Ranked 34th.
$3.33 trillion
Ranked 1st. 74 times more than Australia

Savings > Gross domestic savings > Current US$ $432.31 billion
Ranked 9th.
$4.25 trillion
Ranked 1st. 10 times more than Australia

World Bank exchange rate 1.36
Ranked 136th.
6.83
Ranked 95th. 5 times more than Australia

Balance of payments > Current account > Balances > Net trade in goods > US$ $-4,914,841,830.81
Ranked 119th.
$249.51 billion
Ranked 1st.

Trade > Exports > Goods 193.97 billion
Ranked 19th.
954.29 billion
Ranked 4th. 5 times more than Australia

Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 104.94
Ranked 161st.
140.02
Ranked 114th. 33% more than Australia

Electricity > Production 232 billion kWh
Ranked 15th.
3.45 trillion kWh
Ranked 2nd. 15 times more than Australia

Electricity > Imports per capita 0.0
Ranked 131st.
8.55 kWh
Ranked 59th.

Stock of money $298.50 billion
Ranked 7th.
$2.09 trillion
Ranked 2nd. 7 times more than Australia
GDP growth > Duration 1980-2000 52%
Ranked 28th.
382%
Ranked 1st. 7 times more than Australia
Gross fixed capital formation > Current US$ per capita 8,290.69$
Ranked 8th. 11 times more than China
725.11$
Ranked 64th.

Gross national expenditure > Current US$ > Per $ GDP 1.03$ per $1 of GDP
Ranked 90th. 9% more than China
0.944$ per $1 of GDP
Ranked 114th.

Household final > Consumption expenditure > Constant 2000 US$ per capita 13,892.47 constant 2000 US$
Ranked 13th. 23 times more than China
592.25 constant 2000 US$
Ranked 79th.

Patent applications > Residents 2,718
Ranked 12th.
194,579
Ranked 3rd. 72 times more than Australia

GNI > Atlas method > Current US$ > Per capita 33,115.13$ per capita
Ranked 16th. 19 times more than China
1,739.93$ per capita
Ranked 90th.

Income > GDP, PPP > Constant 2005 international $ per capita $35,668.77
Ranked 15th. 4 times more than China
$7,957.62
Ranked 89th.

Income > GNI, PPP > Constant 2005 international $ $783.09 billion
Ranked 18th.
$10.69 trillion
Ranked 3rd. 14 times more than Australia

Income > GNI per capita, PPP > Constant 2005 international $ $34,522.23
Ranked 12th. 4 times more than China
$7,917.39
Ranked 61st.

International tourism > Receipts > Current US$ 20.64 billion$
Ranked 7th.
31.84 billion$
Ranked 6th. 54% more than Australia

Terms of trade 79
Ranked 57th.
105
Ranked 28th. 33% more than Australia
Oil > Production per thousand people 24.89 bbl/day
Ranked 31st. 8 times more than China
3.19 bbl/day
Ranked 64th.

Gross savings > Current US$ per capita 6,365.21$
Ranked 13th. 7 times more than China
868.08$
Ranked 43th.

Innovation > Patent applications, residents 2,383
Ranked 18th.
415,829
Ranked 1st. 174 times more than Australia

Innovation > Patent applications, nonresidents per million 1,036.69
Ranked 4th. 13 times more than China
82.27
Ranked 26th.

Trade > Exports > Export growth in USD 356.04
Ranked 29th.
482.25
Ranked 9th. 35% more than Australia

Trade > Imports > By good > Silver platinum etc 78,753
Ranked 18th.
348,281
Ranked 8th. 4 times more than Australia
Innovation > Scientific and technical journal articles 18,923.3
Ranked 13th.
74,019.2
Ranked 3rd. 4 times more than Australia

GDP > PPP > Current international $ per capita 31,691.55 PPP $
Ranked 17th. 5 times more than China
6,761.31 PPP $
Ranked 76th.

Welfare > Revenue, excluding grants > Current LCU per capita 14,391.53
Ranked 47th. 4 times more than China
3,460.06
Ranked 97th.

Micro > Small and medium enterprises > Number per 1000 63.05
Ranked 6th. 10 times more than China
6.34
Ranked 4th.

Transnational corporations > Affiliates 2,539
Ranked 29th.
364,345
Ranked 1st. 143 times more than Australia
Tax > Customs and other import duties > Current LCU 6.07 billion
Ranked 31st.
145.08 billion
Ranked 11th. 24 times more than Australia

Tax > Taxes on income > Profits and capital gains > Current LCU 208.58 billion
Ranked 22nd.
755.88 billion
Ranked 11th. 4 times more than Australia

Oil > Imports per thousand people 33.58 bbl/day
Ranked 35th. 9 times more than China
3.57 bbl/day
Ranked 117th.

Imports > Partners China 18.4%, US 11.7%, Japan 7.9%, Singapore 6%, Germany 4.6%, Thailand 4.2%, South Korea 4.1% Japan 9.8%, South Korea 9.2%, US 7.1%, Germany 5.1%, Australia 4.3%
Oil > Imports 731,400 bbl/day
Ranked 18th.
4.75 million bbl/day
Ranked 2nd. 6 times more than Australia

Electricity > Production per capita 10,652.56 kWh
Ranked 10th. 4 times more than China
2,588.53 kWh
Ranked 51st.

Market value of publicly traded shares $1.40 trillion
Ranked 1st.
$3.67 trillion
Ranked 2nd. 3 times more than Australia

GDP growth > Duration 1975-2000 1.9%
Ranked 51st.
8.1%
Ranked 2nd. 4 times more than Australia
Trade > Imports > By good > Passenger cars etc 6.98 million
Ranked 10th. 57% more than China
4.44 million
Ranked 14th.
Trade balance with US $1.43 billion
Ranked 2nd.
$-24,670,400,000.00
Ranked 224th.
Services > Etc. > Value added > Constant 2000 US$ 293.62 billion constant 2000 US$
Ranked 12th.
758.29 billion constant 2000 US$
Ranked 4th. 3 times more than Australia

Merchandise > Exports > Current US$ 105.83 billion$
Ranked 26th.
761.95 billion$
Ranked 3rd. 7 times more than Australia

Household final > Consumption expenditure > Current US$ 384.29 billion$
Ranked 12th.
865.31 billion$
Ranked 5th. 2 times more than Australia

Trade > Exports > Goods and services > Constant 2000 US$ 91.98 billion constant 2000 US$
Ranked 24th.
802.26 billion constant 2000 US$
Ranked 2nd. 9 times more than Australia

Household final > Consumption expenditure > Etc. > Constant 2000 US$ per capita 14,143.51 constant 2000 US$
Ranked 8th. 29 times more than China
479.64 constant 2000 US$
Ranked 76th.

Gross fixed capital formation > Current US$ 166.87 billion$
Ranked 12th.
945.34 billion$
Ranked 1st. 6 times more than Australia

Gross national expenditure > Constant 2000 US$ 493.04 billion constant 2000 US$
Ranked 11th.
1.68 trillion constant 2000 US$
Ranked 2nd. 3 times more than Australia

Household final > Consumption expenditure > Current US$ > Per capita 19,126.28$ per capita
Ranked 13th. 29 times more than China
663.33$ per capita
Ranked 95th.

Research and development spending 1.7%
Ranked 18th. 17 times more than China
0.1%
Ranked 65th.
Tax > Time to prepare and pay taxes > Hours 107
Ranked 152nd.
504
Ranked 19th. 5 times more than Australia

Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ $370.15 million
Ranked 32nd.
$-43,347,067,653.67
Ranked 143th.

Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU 1.25 trillion
Ranked 12th.
61.02 trillion
Ranked 3rd. 49 times more than Australia

Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo $271.62 billion
Ranked 23th.
$1.46 trillion
Ranked 4th. 5 times more than Australia

Intellectual property > Patent applications 11,348
Ranked 19th.
435,608
Ranked 2nd. 38 times more than Australia

Trade > Imports of goods > Services and income > BoP > Current US$ per capita 9,497.14 BoP $
Ranked 29th. 17 times more than China
567.92 BoP $
Ranked 107th.

Royalty and license fees > Payments > BoP > Current US$ per capita 80.64 BoP $
Ranked 18th. 20 times more than China
4.08 BoP $
Ranked 65th.

Commercial service imports > Current US$ 28.75 billion$
Ranked 21st.
83.17 billion$
Ranked 7th. 3 times more than Australia

Net income > BoP > Current US$ per million -1,357,715,692.235 BoP $
Ranked 130th.
8.16 million BoP $
Ranked 27th.

Foreign direct investment > Net > BoP > Current US$ > Per $ GDP 1.19 BoP $ per $1,000 of GDP
Ranked 100th.
30.36 BoP $ per $1,000 of GDP
Ranked 52nd. 26 times more than Australia

Commercial service imports > Current US$ > Per capita 1,414.4$ per capita
Ranked 37th. 22 times more than China
63.76$ per capita
Ranked 113th.

Natural gas > Proved reserves per capita 139,536.55 cu m
Ranked 15th. 62 times more than China
2,254.25 cu m
Ranked 61st.

Natural gas > Consumption 26.41 billion cu m
Ranked 21st.
106.7 billion cu m
Ranked 4th. 4 times more than Australia

Natural gas > Proved reserves 3.12 trillion cu m
Ranked 11th. 3% more than China
3.03 trillion cu m
Ranked 12th.

External debt > Date of information 30 June 2006 est. 2006 est.
Micro > Small and medium enterprises > Per 1,000 people 63.16 per 1,000 people
Ranked 6th. 10 times more than China
6.34 per 1,000 people
Ranked 4th.

Tourism > International tourism, receipts for travel items > Current US$ per capita $1,409.07
Ranked 22nd. 39 times more than China
$36.06
Ranked 118th.

Tourism > International tourism, expenditures > Current US$ $33.55 billion
Ranked 11th.
$79.01 billion
Ranked 4th. 2 times more than Australia

Tourism > International tourism, number of departures 7.79 million
Ranked 24th.
70.25 million
Ranked 3rd. 9 times more than Australia

Companies > Ease of doing business index > 1=most business-friendly regulations per million 0.441
Ranked 175th. 6 times more than China
0.0733
Ranked 187th.
International tourism > Receipts for travel items > Current US$ $25.06 billion
Ranked 9th.
$40.84 billion
Ranked 6th. 63% more than Australia

Tourism receipts > International > Per $ GDP $28.16 per $1,000 of GDP
Ranked 85th. 98% more than China
$14.19 per $1,000 of GDP
Ranked 119th.

Trade > Tariffs > Binding coverage > All products 97.07%
Ranked 17th.
100%
Ranked 32nd. 3% more than Australia

GDP > PPP > Constant 2000 international $ > Per capita 28,285.86 PPP 2000 $ per capita
Ranked 17th. 5 times more than China
6,011.65 PPP 2000 $ per capita
Ranked 75th.

GDP > PPP > Current international $ > Per capita 31,794.13 PPP $ per capita
Ranked 17th. 5 times more than China
6,757.27 PPP $ per capita
Ranked 75th.

Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate 3.74%
Ranked 79th. 22% more than China
3.06%
Ranked 88th.

International tourism > Expenditures > Current US$ 15.08 billion$
Ranked 12th.
24.71 billion$
Ranked 6th. 64% more than Australia

Tax > Tax payments > Number per million 0.485
Ranked 150th. 94 times more than China
0.00518
Ranked 188th.

Trade > Exports > Per $ GDP $0.16 per $1 of GDP
Ranked 130th.
$0.36 per $1 of GDP
Ranked 66th. 2 times more than Australia

Purchasing power parity > GDP > PPP > Constant 2005 international $ $749.41 billion
Ranked 17th.
$8.26 trillion
Ranked 3rd. 11 times more than Australia

Trade > Exports > Export growth 168.22
Ranked 49th.
438.07
Ranked 3rd. 3 times more than Australia

Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ $1.57
Ranked 114th.
$4.16
Ranked 89th. 3 times more than Australia

Tourism expenditures > International $13.00 billion
Ranked 12th.
$21.36 billion
Ranked 6th. 64% more than Australia

Trade > Exports > By good > Perfume toilet cosmetics 168,967
Ranked 22nd.
634,586
Ranked 9th. 4 times more than Australia

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. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; CIA World Factbooks 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Human Development Report 2006, United Nations Development Programme; World Tourism Organisation, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.; World Development Indicators database; All CIA World Factbooks 18 December 2003 to 18 December 2008; International Monetary Fund, International Financial Statistics. World Bank World Development Indicators.; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. 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Source tables; US Census Bureau; Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization; Wikipedia: List of countries by central bank interest rates (https://www.cia.gov/library/publications/the-world-factbook/rankorder/2207rank.html http://www.worldinterestrates.info/ http://www.forexmotion.com/index.php/en/exchange-rates.html); United Nations Development Program. Human Development Report 2001. New York: Oxford University Press,2001, Table A2.1. via ciesin.org; Wikipedia: List of countries with IKEA stores; All CIA World Factbooks 18 December 2003 to 18 December 2008. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. 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Australia and China are both major economies. Australia has been very stable in terms of its economic growth and standard of living. Although it has experienced financial crisis, Australia still continue to hold on with its economy by depending much on its mining industry and services sector. Another factor why Australia is still included in the top 15 biggest economy in the world is its welcoming atmosphere among foreign investors. Aside from that, it is an active r of World Trade Organization making its linkages expand and its foreign investment increase.

China’s economy has been booming in the past 10 years. In fact, it has become the world’s major exporter because of the merchandise used now are manufactured in China. Although it is a communist country, it has introduced reforms and has liberalized its economic plans attracting foreign investors and trading industry to invest in China.

With regard to GDP, Australia is ranked 13th while China is now on the 3rd spot. However, Human Development Index would show that Australia still offers better quality of living having ranked 3rd compared to China’s 84th ranking.

Tourism industry also contributes to the increasing economy of the two countries. In terms of ranking, China is visited more by tourists having 53 million visitors a year. The increase in tourist arrivals especially in China is already an indication that more foreigners are interested to invest in the country.

Posted on 09 Apr 2014

Luke.Metcalfe

Luke.Metcalfe

137 Stat enthusiast

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