Country vs country: Economy Stats: compare key data on Denmark & United States and Economy Stats: compare key data on Denmark & United States compared Economy

STAT Denmark United States HISTORY
Budget > Revenues $174.10 billion
Ranked 22nd.
$2.45 trillion
Ranked 1st. 14 times more than Denmark

Budget surplus > + or deficit > - -4.1% of GDP
Ranked 122nd.
-6.8% of GDP
Ranked 157th. 66% more than Denmark

Debt > Government debt > Public debt, share of GDP 45.3 CIA
Ranked 76th.
72.5 CIA
Ranked 35th. 60% more than Denmark
Overview This thoroughly modern market economy features a high-tech agricultural sector, state-of-the-art industry with world-leading firms in pharmaceuticals, maritime shipping and renewable energy, and a high dependence on foreign trade. Denmark is a member of the European Union (EU); Danish legislation and regulations conform to EU standards on almost all issues. Danes enjoy a high standard of living and the Danish economy is characterized by extensive government welfare measures and an equitable distribution of income. Denmark is a net exporter of food and energy and enjoys a comfortable balance of payments surplus but depends on imports of raw materials for the manufacturing sector. Within the EU, Denmark is among the strongest supporters of trade liberalization. After a long consumption-driven upswing, Denmark's economy began slowing in 2007 with the end of a housing boom. Housing prices dropped markedly in 2008-09 and, following a short respite in 2010, has since continued to decline. The global financial crisis has exacerbated this cyclical slowdown through increased borrowing costs and lower export demand, consumer confidence, and investment. The global financial crisis cut Danish real GDP in 2008-09. Denmark made a modest recovery in 2010 with real GDP growth of 1.3%, in part because of increased government spending; however, the country experienced a technical recession in late 2010-early 2011. Historically low levels of unemployment rose sharply with the recession and have remained at about 6% in 2010-12, based on the national measure, about two-thirds average EU unemployment. An impending decline in the ratio of workers to retirees will be a major long-term issue. Denmark maintained a healthy budget surplus for many years up to 2008, but the budget balance swung into deficit in 2009. In spite of the deficits, the new coalition government delivered a modest stimulus to the economy in 2012. Nonetheless, Denmark's fiscal position remains among the strongest in the EU with public debt at about 45% of GDP in 2012. Despite previously meeting the criteria to join the European Economic and Monetary Union (EMU), so far Denmark has decided not to join, although the Danish krone remains pegged to the euro. The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $49,800. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to enter their rivals' home markets than foreign firms face entering US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II. The onrush of technology largely explains the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income. Imported oil accounts for nearly 55% of US consumption. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the United States into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, in October 2008 the US Congress established a $700 billion Troubled Asset Relief Program (TARP). The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009 the US Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012 the federal government reduced the growth of spending and the deficit shrank to 7.6% of GDP. Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2011, the direct costs of the wars totaled nearly $900 billion, according to US government figures. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries. In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million American citizens by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on health care - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010. In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight. In December 2012, the Federal Reserve Board announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short term rates near zero until unemployment drops to 6.5% from the December rate of 7.8%, or until inflation rises above 2.5%. Long-term problems include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits - including significant budget shortages for state governments.
Exports $104.90 billion
Ranked 36th.
$1.56 trillion
Ranked 2nd. 15 times more than Denmark

GDP $314.24 billion
Ranked 32nd.
$15.68 trillion
Ranked 2nd. 50 times more than Denmark

GDP > Per capita $37,179.14 per capita
Ranked 17th.
$45,759.46 per capita
Ranked 8th. 23% more than Denmark

GDP > Per capita > PPP $37,300.00
Ranked 20th.
$51,700.00
Ranked 6th. 39% more than Denmark

GDP > Purchasing power parity per capita $36,303.44
Ranked 18th.
$47,587.30
Ranked 7th. 31% more than Denmark

GDP per capita $56,210.23
Ranked 6th. 12% more than United States
$49,965.27
Ranked 10th.

Gross National Income $164.00 billion
Ranked 24th.
$9.78 trillion
Ranked 1st. 60 times more than Denmark
Inflation rate > Consumer prices 2.4%
Ranked 151st. 14% more than United States
2.1%
Ranked 160th.

Population below poverty line 13.4%
Ranked 26th.
15.1%
Ranked 34th. 13% more than Denmark

Public debt 45.6% of GDP
Ranked 73th.
70% of GDP
Ranked 37th. 54% more than Denmark

Unemployment rate 6%
Ranked 75th.
8.1%
Ranked 47th. 35% more than Denmark

GDP > Composition, by sector of origin > Services 77.1%
Ranked 21st.
79.7%
Ranked 14th. 3% more than Denmark
Exports per capita $18,764.05
Ranked 14th. 4 times more than United States
$4,972.70
Ranked 50th.

Distribution of family income > Gini index 24.8
Ranked 14th.
45
Ranked 9th. 81% more than Denmark

Human Development Index 0.941
Ranked 13th.
0.944
Ranked 10th. About the same as Denmark
Tourist arrivals > Per capita 821.01 per 1,000 people
Ranked 35th. 4 times more than United States
190.7 per 1,000 people
Ranked 91st.

GDP > Purchasing power parity $208.30 billion
Ranked 54th.
$16.24 trillion
Ranked 1st. 78 times more than Denmark

Currency > PPP conversion factor to official exchange rate ratio 1.41
Ranked 3rd. 41% more than United States
1
Ranked 24th.

Fiscal year calendar year 1
GDP > Composition by sector > Industry 22.1%
Ranked 141st. 16% more than United States
19.1%
Ranked 160th.

Currency > Official exchange rate > LCU per US$, period average $5.79
Ranked 107th. 6 times more than United States
$1.00
Ranked 147th.

Inequality > GINI index 24.7
Ranked 24th.
40.81
Ranked 16th. 65% more than Denmark
Imports per capita $17,309.79
Ranked 11th. 2 times more than United States
$7,336.40
Ranked 47th.

Gross National Income per capita $30,603.96
Ranked 6th.
$34,319.53
Ranked 5th. 12% more than Denmark
Tax > Highest marginal tax rate > Individual rate 62.28%
Ranked 1st. 78% more than United States
35%
Ranked 35th.

GDP per capita in 1950 $6,683.00
Ranked 8th.
$9,573.00
Ranked 1st. 43% more than Denmark
Technology index 5.34
Ranked 6th.
6.24
Ranked 1st. 17% more than Denmark
Development > Human Development Index 0.901
Ranked 15th.
0.937
Ranked 3rd. 4% more than Denmark

Population below poverty line > Per capita 2.21% per 1 million people
Ranked 11th. 54 times more than United States
0.041% per 1 million people
Ranked 44th.

Big Mac Index $4.49
Ranked 4th. 43% more than United States
$3.15
Ranked 8th.
GDP > Per capita > PPP per thousand people $6.67
Ranked 48th. 41 times more than United States
$0.16
Ranked 139th.

Exports > Commodities machinery and instruments, meat and meat products, dairy products, fish, pharmaceuticals, furniture, windmills agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0%
Poverty and inequality > Richest quintile to poorest quintile ratio 4.3
Ranked 17th.
8.4
Ranked 3rd. 95% more than Denmark
Imports $96.77 billion
Ranked 33th.
$2.30 trillion
Ranked 1st. 24 times more than Denmark

Budget > Expenditures $187.00 billion
Ranked 24th.
$3.54 trillion
Ranked 1st. 19 times more than Denmark

GINI index 24.7
Ranked 15th.
40.81
Ranked 16th. 65% more than Denmark
Reserves of foreign exchange and gold per capita $5,587.36
Ranked 8th. 24 times more than United States
$234.27
Ranked 105th.

Debt > Net foreign assets > Current LCU 429.9 billion
Ranked 59th.
-125,482,689,271
Ranked 162nd.

Tourist arrivals 4.5 million
Ranked 40th.
57.94 million
Ranked 3rd. 13 times more than Denmark

Budget > Revenues > Per capita $31,199.02 per capita
Ranked 5th. 4 times more than United States
$8,527.60 per capita
Ranked 29th.

Inbound tourism income > Current US$ $6.69 billion
Ranked 38th.
$166.53 billion
Ranked 2nd. 25 times more than Denmark

Tax > Tax rates 40.28
Ranked 11th. 3 times more than United States
15.91
Ranked 3rd.

GDP per person 55,992.24
Ranked 5th. 22% more than United States
45,989.18
Ranked 9th.

Exports > Main exports Machinery and equipment, foodstuffs, chemicals Computers and electrical machinery, vehicles, chemical products, food and live animals, military equipment and aircraft
Budget > Revenues per capita $28,894.95
Ranked 3rd. 4 times more than United States
$6,763.09
Ranked 33th.

Debt > External $587.60 billion
Ranked 22nd.
$15.93 trillion
Ranked 1st. 27 times more than Denmark

Gross domestic savings > Current US$ per capita 12,236.83$
Ranked 7th. 2 times more than United States
5,533.71$
Ranked 25th.

Central bank discount rate 0.75%
Ranked 40th. 50% more than United States
0.5%
Ranked 122nd.

Debt > External > Per capita $90,085.81 per capita
Ranked 8th. 2 times more than United States
$40,678.76 per capita
Ranked 12th.

GDP > Composition by sector > Services 76.6%
Ranked 22nd.
79.7%
Ranked 15th. 4% more than Denmark

Tax > GDP > Constant LCU 1.55 trillion
Ranked 55th.
14.23 trillion
Ranked 18th. 9 times more than Denmark

Tourism > International tourism, number of arrivals per capita 1.32
Ranked 35th. 7 times more than United States
0.201
Ranked 98th.

Consumer spending 49.24
Ranked 111th.
71.37
Ranked 53th. 45% more than Denmark

Consumer price index 110.22%
Ranked 127th.
113.41%
Ranked 105th. 3% more than Denmark

GDP > Composition by sector > Agriculture 1.3%
Ranked 189th. 8% more than United States
1.2%
Ranked 191st.

GDP per capita > PPP > Current international $ 33,972.62 PPP $
Ranked 9th.
41,889.57 PPP $
Ranked 2nd. 23% more than Denmark

Industries iron, steel, nonferrous metals, chemicals, food processing, machinery and transportation equipment, textiles and clothing, electronics, construction, furniture and other wood products, shipbuilding and refurbishment, windmills, pharmaceuticals, medical equipment highly diversified, world leading, high-technology innovator, second largest industrial output in world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining
GDP > Composition, by end use > Imports of goods and services -49.4%
Ranked 97th. 3 times more than United States
-16.9%
Ranked 4th.
GDP per capita in 1973 $13,416.00
Ranked 5th.
$16,607.00
Ranked 2nd. 24% more than Denmark
New businesses registered > Number > Per capita 5.27 per 1,000 people
Ranked 9th. 2 times more than United States
2.28 per 1,000 people
Ranked 26th.

GDP per capita > Constant LCU 255519.7 37267.33
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $2.91 billion
Ranked 44th.
$134.71 billion
Ranked 3rd. 46 times more than Denmark

Labor force 2
Ranked 195th.
155
Ranked 39th. 78 times more than Denmark

GDP per capita in 1900 $2,902.00
Ranked 8th.
$4,096.00
Ranked 3rd. 41% more than Denmark
GDP > Real growth rate -0.4%
Ranked 160th.
2.8%
Ranked 106th.

Debt > Government debt > Gross government debt, share of GDP 50.1 IMF
Ranked 70th.
106.53 IMF
Ranked 11th. 2 times more than Denmark
Debt > Central government debt, total > Current LCU 905.94 billion
Ranked 22nd.
12.26 trillion
Ranked 8th. 14 times more than Denmark

International tourism > Number of arrivals 3.36 million
Ranked 44th.
49.21 million
Ranked 3rd. 15 times more than Denmark

Economic growth > Per capita -5.5
Ranked 134th. 59% more than United States
-3.47
Ranked 111th.

Foreign direct investment > Net > BoP > Current US$ per capita -799.392 BoP $
Ranked 126th.
340.7 BoP $
Ranked 23th.

GDP per capita > Constant 2000 US$ 31,611.6 constant 2000 US$
Ranked 7th.
37,267.33 constant 2000 US$
Ranked 4th. 18% more than Denmark

GDP in 1970 $16.30
Ranked 16th.
$1,025.50
Ranked 1st. 63 times more than Denmark
Micro > Small and medium enterprises > Number > Per capita 47.76 per 1,000 people
Ranked 9th. 2 times more than United States
19.98 per 1,000 people
Ranked 19th.
Economic freedom 76.1
Ranked 9th. About the same as United States
76
Ranked 10th.

GDP > Official exchange rate per capita $56,221.67
Ranked 5th. 19% more than United States
$47,264.02
Ranked 8th.

Stock of direct foreign investment > At home $147.10 billion
Ranked 31st.
$2.65 trillion
Ranked 1st. 18 times more than Denmark

Current account balance $17.44 billion
Ranked 20th.
$-440,400,000,000.00
Ranked 180th.

Agriculture > Products barley, wheat, potatoes, sugar beets; pork, dairy products; fish wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products
Trade > Imports per capita $16,372.60
Ranked 10th. 3 times more than United States
$6,152.08
Ranked 42nd.

Currency Danish krone US dollar
Current account balance > BoP > Current US$ per capita 1,589.76 BoP $
Ranked 14th.
-2,678.39 BoP $
Ranked 134th.

GNI per capita $60,160.00
Ranked 8th. 24% more than United States
$48,620.00
Ranked 11th.
GDP > Purchasing power parity > Per capita $37,179.14 per capita
Ranked 17th.
$45,759.46 per capita
Ranked 8th. 23% more than Denmark

Companies > Listed domestic companies, total 174
Ranked 47th.
4,102
Ranked 3rd. 24 times more than Denmark

Trade > Exports per capita $17,911.98
Ranked 13th. 4 times more than United States
$4,105.70
Ranked 46th.

Business > Companies > Corporate governance (overall rating) 4.79
Ranked 18th.
7.16
Ranked 4th. 49% more than Denmark
Current account balance per capita $2,586.67
Ranked 8th.
0.0
Ranked 79th.

Money and quasi money > M2 > Current LCU 951663000000 9258648000000
Tourism > International tourism, number of arrivals 7.36 million
Ranked 36th.
62.71 million
Ranked 3rd. 9 times more than Denmark

Gross national saving 22.6% of GDP
Ranked 60th. 81% more than United States
12.5% of GDP
Ranked 118th.

Tax > GDP > Constant LCU per capita 278,002.88
Ranked 39th. 6 times more than United States
45,335.9
Ranked 81st.

Retail > Gross value added by wholesale, retail trade, restaurants and hotels 41.97 billion
Ranked 36th.
2.36 trillion
Ranked 1st. 56 times more than Denmark

Companies > Market capitalization of listed companies > Current US$ per capita $40,221.32
Ranked 12th.
$59,469.57
Ranked 6th. 48% more than Denmark

Market capitalization of listed companies > Current US$ per capita 32,851.84$
Ranked 19th.
57,519.54$
Ranked 6th. 75% more than Denmark

Household final > Consumption expenditure > Current US$ per capita 23,135.17$
Ranked 5th.
28,053.8$
Ranked 3rd. 21% more than Denmark

Budget > Expenditures per capita $31,706.93
Ranked 3rd. 3 times more than United States
$10,981.93
Ranked 24th.

Reserves > Total reserves > Includes gold, current US$ $89.70 billion
Ranked 24th.
$574.27 billion
Ranked 4th. 6 times more than Denmark

Stock of broad money None None
Exchange rates Danish kroner (DKK) per US dollar -<br />5.79 (2012 est.)<br />5.37 (2011 est.)<br />5.62 (2010 est.)<br />5.36 (2009)<br />5.02 (2008) <strong>British pounds per US dollar: </strong>0.6324 (2012 est.), 0.624 (2011 est.), 0.6472 (2010), 0.6175 (2009), 0.5302 (2008)<br /><strong>Canadian dollars per US dollar:</strong> (2012 est.), 1.001 (2012 est.), 0.9895 (2011 est), 1.0302 (2010 est.), 1.1431 (2009), 1.0364 (2008)<br /><strong>Chinese yuan per US dollar:</strong> (2011 est.), 6.311 (2012 est.), 6.4615 (20111 est.), 6.7703 (2010 est.), 6.8314 (2009), 6.9385 (2008)<br /><strong>euros per US dollar:</strong> 0.7838 (2012 est.), 0.7185 (2011 est.), 0.755 (2010 est.), 0.7198 (2009), 0.6827 (2008)<br /><strong>Japanese yen per US dollar:</strong> 79.42 (2012 est.), 79.81 (2011 est.), 87.78 (2010), 93.57 (2009), 103.58 (2008)
Debt > External per capita $90,196.03
Ranked 8th. 2 times more than United States
$40,666.44
Ranked 13th.

Size of economy > Share of world GDP 0.51%
Ranked 25th.
31.49%
Ranked 1st. 62 times more than Denmark
Gross fixed capital formation > Current US$ > Per $ GDP 0.206$ per $1 of GDP
Ranked 80th. 10% more than United States
0.187$ per $1 of GDP
Ranked 112th.

Exports > Partners Germany 15.9%, Sweden 13.5%, UK 9.6%, US 6.6%, Norway 6.3%, Netherlands 4.6% Canada 18.9%, Mexico 14%, China 7.2%, Japan 4.5%
GDP > Official exchange rate $310.60 billion
Ranked 34th.
$16.02 trillion
Ranked 1st. 52 times more than Denmark

GDP per capita > PPP > Constant 2000 international $ 30,223.96 PPP 2000 $
Ranked 9th.
37,267.33 PPP 2000 $
Ranked 2nd. 23% more than Denmark

Investment > Gross fixed 17.2% of GDP
Ranked 120th. 33% more than United States
12.9% of GDP
Ranked 139th.

Income receipts > BoP > Current US$ per capita 4,354.91 BoP $
Ranked 11th. 3 times more than United States
1,606.16 BoP $
Ranked 22nd.

Bank liquid > Reserves to bank assets ratio 0.7
Ranked 162nd.
0.76
Ranked 160th. 9% more than Denmark

Tax > Highest marginal tax rate > Corporate rate 25%
Ranked 69th.
40%
Ranked 4th. 60% more than Denmark

Stock of narrow money None None
GDP > Composition, by sector of origin > Industry 21.4%
Ranked 148th. 11% more than United States
19.2%
Ranked 161st.
Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita $26,011.62
Ranked 9th. 4 times more than United States
$5,885.16
Ranked 34th.

Debt > Net domestic credit > Current LCU 3.76 trillion
Ranked 32nd.
16.15 trillion
Ranked 16th. 4 times more than Denmark

Government spending 47.55 billion
Ranked 18th.
1.74 trillion
Ranked 2nd. 37 times more than Denmark

Net current transfers from abroad > Constant LCU -28745970000 -74888950000
Foreign direct investment > Net inflows > BoP > Current US$ per capita 966.44 BoP $
Ranked 19th. 3 times more than United States
371.4 BoP $
Ranked 35th.

GDP > Current LCU 1551510000000 12416510000000
High-technology > Exports > Current US$ > Per capita $2.16 million per 1,000 people
Ranked 9th. 3 times more than United States
$760,722.33 per 1,000 people
Ranked 24th.

GDP > Composition, by sector of origin > Agriculture 1.5%
Ranked 190th. 36% more than United States
1.1%
Ranked 194th.
Savings > Gross domestic savings > Current US$ per capita $12,403.79
Ranked 11th. 53% more than United States
$8,113.69
Ranked 21st.

Net barter terms of trade 103.81%
Ranked 10th. 7% more than United States
97.17%
Ranked 22nd.

Tax > Tax payments > Number 10
Ranked 148th.
11
Ranked 139th. 10% more than Denmark

Tax > Components of taxation > Personal income tax 53.2%
Ranked 1st. 41% more than United States
37.7%
Ranked 5th.
Real interest rate 4.69%
Ranked 106th. 52% more than United States
3.08%
Ranked 86th.

Gross domestic savings 64.58 billion
Ranked 30th.
1.61 trillion
Ranked 3rd. 25 times more than Denmark

Inflation 108.58
Ranked 146th.
109.85
Ranked 143th. 1% more than Denmark

Investment > External financial assets per capita €118,600.86
Ranked 4th.
€133,164.46
Ranked 2nd. 12% more than Denmark

Outbound tourist spending 9.68 billion
Ranked 27th.
117.97 billion
Ranked 2nd. 12 times more than Denmark

Income > GNI per capita, PPP > Current international $ $43,430.00
Ranked 9th.
$52,610.00
Ranked 5th. 21% more than Denmark

Income > GNI, PPP > Current international $ per capita $43,428.33
Ranked 9th.
$52,608.35
Ranked 5th. 21% more than Denmark

Inequality > Gini coefficient > Level 0.232 Different summary measure
Ranked 30th.
0.381 Different summary measure
Ranked 4th. 64% more than Denmark
Tax > Total tax wedge > Single worker 44.2%
Ranked 9th. 47% more than United States
30%
Ranked 21st.
Poverty > Poverty by individual and household characteristics > Poverty rate > Children 2.74%
Ranked 30th.
20.59%
Ranked 4th. 8 times more than Denmark
IKEA > First store opening year 1969 1985
GDP > By type of expenditure > Household consumption expenditure per capita 27,813.55
Ranked 12th.
35,518
Ranked 8th. 28% more than Denmark

Productivity > GDP per hour worked 44.8
Ranked 12th.
49.52
Ranked 9th. 11% more than Denmark
Reserves of foreign exchange and gold $89.70 billion
Ranked 25th.
$150.20 billion
Ranked 18th. 67% more than Denmark

Big Mac Index > Per $ GDP $0.26 per $14.1 billion of GDP
Ranked 41st. 65 times more than United States
$0.00 per $14.1 billion of GDP
Ranked 63th.
Size of economy > GDP > GDP growth -0.469%
Ranked 156th.
2.21%
Ranked 111th.

GDP > Constant 2000 US$ 171.21 billion constant 2000 US$
Ranked 28th.
11.05 trillion constant 2000 US$
Ranked 1st. 65 times more than Denmark

Tax > Highest marginal tax rate > Individual > On income exceeding > US$ $62,286.00
Ranked 30th.
$372,950.00
Ranked 2nd. 6 times more than Denmark

Purchasing power parity conversion factor > LCU per international $ 8.43 1
Micro > Small and medium enterprises > Number 257,950
Ranked 13th.
5.87 million
Ranked 1st. 23 times more than Denmark
Poverty and inequality > Income inequality 1993-2011 24.7 latest available
Ranked 33th.
40.81 latest available
Ranked 3rd. 65% more than Denmark
GDP > Composition, by end use > Household consumption 49.4%
Ranked 158th.
68.6%
Ranked 80th. 39% more than Denmark
Current transfers > Receipts > BoP > Current US$ 3.35 billion BoP $
Ranked 36th.
15.77 billion BoP $
Ranked 8th. 5 times more than Denmark

Innovation > Patent applications, residents per million 282.56
Ranked 8th.
795.12
Ranked 3rd. 3 times more than Denmark

Tax > Taxes on income, profits and capital gains > Current LCU 282.35 billion
Ranked 27th.
1.4 trillion
Ranked 15th. 5 times more than Denmark

Debt > Net current transfers from abroad > Current LCU -39,788,000,000
Ranked 125th.
-144,700,000,000
Ranked 130th. 4 times more than Denmark

Debt > Government debt > Net government debt, share of GDP 7.63 IMF
Ranked 77th.
87.86 IMF
Ranked 10th. 12 times more than Denmark
Saving rate 21.98
Ranked 39th. 2 times more than United States
9.77
Ranked 96th.

GDP > PPP > Constant 2000 international $ per capita 30,204.7 PPP 2000 $
Ranked 9th.
37,380.07 PPP 2000 $
Ranked 2nd. 24% more than Denmark

International tourism > Number of departures 4.63 million
Ranked 29th.
63.5 million
Ranked 3rd. 14 times more than Denmark

Economic aid > Donor $2.24 billion
Ranked 12th.
$23.53 billion
Ranked 1st. 11 times more than Denmark
Consumption > Consumption by sector > Equals: Household final consumption expenditure 165.35 billion USD
Ranked 21st.
10.44 trillion USD
Ranked 2nd. 63 times more than Denmark

Debt > Central government debt, total > Current LCU per capita 162,630.34
Ranked 10th. 4 times more than United States
39,342.95
Ranked 20th.

Net income > BoP > Current US$ > Per capita 50,763.65 BoP $ per 1,000 people
Ranked 19th. 33% more than United States
38,102.24 BoP $ per 1,000 people
Ranked 22nd.

GDP > CIA Factbook $167.20 billion
Ranked 43th.
$10.99 trillion
Ranked 1st. 66 times more than Denmark

Poverty and inequality > Poorest's share in national income or consumption 8.34%
Ranked 4th. 53% more than United States
5.44%
Ranked 30th.
Investment > External financial assets €659 billion
Ranked 20th.
€42.17 trillion
Ranked 1st. 64 times more than Denmark

Debt > Net foreign assets > Current LCU per capita 76,898.98
Ranked 46th.
-399.736
Ranked 157th.

Tax > GDP > Current LCU 1.82 trillion
Ranked 69th.
16.24 trillion
Ranked 28th. 9 times more than Denmark

Taxes > Total tax revenue > Total tax revenue 48.87%
Ranked 1st. 72% more than United States
28.33%
Ranked 27th.
GDP > PPP per capita $31,930.48
Ranked 9th.
$39,712.68
Ranked 2nd. 24% more than Denmark
GDP in 1970 per million $3.31
Ranked 7th.
$5.00
Ranked 1st. 51% more than Denmark
GNI 318.31 billion
Ranked 27th.
14.01 trillion
Ranked 2nd. 44 times more than Denmark

GDP per capita in 1820 $1,225.00
Ranked 6th.
$1,287.00
Ranked 5th. 5% more than Denmark
GDP > PPP $172.57 billion
Ranked 45th.
$11.63 trillion
Ranked 1st. 67 times more than Denmark
Development > Human Development Index > Inequality adjusted 0.845
Ranked 9th. 3% more than United States
0.821
Ranked 16th.
Market capitalization of listed companies > Current US$ 178.04 billion$
Ranked 28th.
17 trillion$
Ranked 1st. 95 times more than Denmark

Companies > Listed domestic companies, total per million 31.12
Ranked 30th. 2 times more than United States
13.07
Ranked 49th.

Tax > GDP > Current US$ per capita $56,325.66
Ranked 7th. 9% more than United States
$51,748.56
Ranked 10th.

Industrial production growth rate -0.8%
Ranked 135th.
3.2%
Ranked 79th.

Purchasing power parity > GDP per capita > PPP > Current international $ $36,761.67
Ranked 15th.
$45,989.18
Ranked 6th. 25% more than Denmark

World trade > Exports 147.89 billion
Ranked 26th.
1.58 trillion
Ranked 2nd. 11 times more than Denmark

Tourist arrivals by region of origin > Europe 4.36 million
Ranked 22nd.
10.7 million
Ranked 10th. 2 times more than Denmark

Bank capital to assets ratio 5.7%
Ranked 65th.
10.4%
Ranked 11th. 82% more than Denmark

Companies > Stock market > Stocks traded, total value > Current US$ per capita $18,876.18
Ranked 15th.
$68,092.78
Ranked 3rd. 4 times more than Denmark

Lending interest rate 7.1%
Ranked 123th. 15% more than United States
6.19%
Ranked 118th.

Industrial > Production growth rate 4%
Ranked 82nd. 21% more than United States
3.3%
Ranked 92nd.

Tax > Taxes on income, profits and capital gains > Current LCU per capita 50,685.28
Ranked 21st. 11 times more than United States
4,477.99
Ranked 46th.

Tax > GDP per capita > Constant LCU 278,002.88
Ranked 39th. 6 times more than United States
45,335.9
Ranked 81st.

Spending > Household final consumption expenditure per capita > Constant 2000 US$ $23,190.85
Ranked 7th.
$30,898.88
Ranked 3rd. 33% more than Denmark

Income > GDP per capita, PPP > Current international $ $42,172.53
Ranked 16th.
$51,748.56
Ranked 8th. 23% more than Denmark

Debt > Interest rates > Central bank discount rate 0.0
Ranked 98th.
0.25%
Ranked 92nd.
Business > Companies > Specific companies > IKEA > Debut 1,969
Ranked 45th.
1,985
Ranked 31st. 1% more than Denmark

Currency > Real effective exchange rate index > 2005 = 100 99.04
Ranked 60th. 11% more than United States
89.58
Ranked 88th.

Net domestic credit > Current LCU 2754339000000 11970270000000
Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita 7,507.92
Ranked 18th.
7,520.82
Ranked 17th. About the same as Denmark

GDP > By type of expenditure > Household consumption expenditure 155.49 billion
Ranked 38th.
11.15 trillion
Ranked 1st. 72 times more than Denmark

Household spending per capita 15,618.6
Ranked 9th.
26,782.83
Ranked 1st. 71% more than Denmark

Commercial bank prime lending rate 3.6%
Ranked 165th. 11% more than United States
3.25%
Ranked 170th.

Companies > Market capitalization of listed companies > Current US$ $224.86 billion
Ranked 33th.
$18.67 trillion
Ranked 1st. 83 times more than Denmark

Current account balance > BoP > Current US$ 8.62 billion BoP $
Ranked 22nd.
-791,508,800,000 BoP $
Ranked 137th.

Trade > Imports $90.83 billion
Ranked 32nd.
$1.90 trillion
Ranked 1st. 21 times more than Denmark

Currency > Real effective exchange rate index 108.38%
Ranked 39th. 17% more than United States
92.75%
Ranked 64th.

Currency > Official exchange rate > LCU per US$ > Period average 5.95 1
GDP > CIA Factbook per capita $31,017.11
Ranked 7th.
$37,882.45
Ranked 2nd. 22% more than Denmark

Oil > Exports 266,700 bbl/day
Ranked 43th.
1.92 million bbl/day
Ranked 9th. 7 times more than Denmark

GDP > Composition, by end use > Exports of goods and services 54.4%
Ranked 59th. 4 times more than United States
13.5%
Ranked 182nd.
Purchasing power parity > GNI per capita > PPP > Current international $ $37,800.00
Ranked 10th.
$45,640.00
Ranked 5th. 21% more than Denmark

Income > Health expenditure per capita, PPP > Constant 2005 international $ $4,563.73
Ranked 6th.
$8,607.88
Ranked 1st. 89% more than Denmark

Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita 29,577.7 USD
Ranked 4th.
33,496.5 USD
Ranked 5th. 13% more than Denmark

Spending > Household final consumption expenditure > Current US$ per capita $27,813.43
Ranked 8th.
$35,518.00
Ranked 4th. 28% more than Denmark

Tax > GDP > Current LCU per capita 326,266.38
Ranked 52nd. 6 times more than United States
51,748.56
Ranked 98th.

Debt > Strength of legal rights index > 0=weak to 10=strong per million 1.61
Ranked 65th. 56 times more than United States
0.0287
Ranked 182nd.

Oil > Production 247,500 bbl/day
Ranked 38th.
9.69 million bbl/day
Ranked 3rd. 39 times more than Denmark

Economy growth -4.89
Ranked 135th. 86% more than United States
-2.63
Ranked 111th.

Trade > Exports > Exports of goods and services 171.21 billion
Ranked 30th.
2.2 trillion
Ranked 1st. 13 times more than Denmark

Purchasing power parity > Gross domestic product per capita > PPP 32,251.92
Ranked 17th.
41,761.08
Ranked 6th. 29% more than Denmark

Trade > Export value index 122.96%
Ranked 21st. 6% more than United States
116.02%
Ranked 25th.

Debt > Interest payments > Current LCU 30.66 billion
Ranked 43th.
324.26 billion
Ranked 15th. 11 times more than Denmark

Innovation 25.2
Ranked 17th.
30.3
Ranked 1st. 20% more than Denmark
Electricity > Consumption per capita 6,081.6 kWh
Ranked 28th.
12,194.74 kWh
Ranked 2nd. Twice as much as Denmark

Market capitalization of listed companies > Current US$ > Per $ GDP 688.16$ per $1,000 of GDP
Ranked 37th.
1,368.98$ per $1,000 of GDP
Ranked 15th. 99% more than Denmark

GDP > CIA Factbook > Per capita $31,036.68 per capita
Ranked 7th.
$37,791.00 per capita
Ranked 2nd. 22% more than Denmark

Household spending 86.36 billion
Ranked 30th.
8.22 trillion
Ranked 1st. 95 times more than Denmark

Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita $15,310.18
Ranked 21st.
$30,898.88
Ranked 1st. 2 times more than Denmark

GDP > Composition, by end use > Government consumption 28.6%
Ranked 7th. 47% more than United States
19.5%
Ranked 53th.
GDP > Per $ GDP $37,179.14 per $1 of GDP
Ranked 17th.
$45,759.46 per $1 of GDP
Ranked 8th. 23% more than Denmark

Spending > Household final consumption expenditure, etc. > Current US$ $155.49 billion
Ranked 38th.
$11.15 trillion
Ranked 1st. 72 times more than Denmark

Entrepreneurship > Starting a Business > Index ranking 15
Ranked 140th. 5 times more than United States
3
Ranked 152nd.
Gross domestic savings > Current US$ 66.32 billion$
Ranked 20th.
1.62 trillion$
Ranked 1st. 24 times more than Denmark

GNI > Current US$ per capita 47,821.75$
Ranked 4th. 14% more than United States
42,124.23$
Ranked 5th.

GDP > Constant 2000 US$ per capita 31,591.45 constant 2000 US$
Ranked 7th.
37,380.07 constant 2000 US$
Ranked 4th. 18% more than Denmark

Gross Domestic Product > GDP > Size of GDP > GDP per capita $35,961.42 US dollars, current price
Ranked 11th.
$45,488.88 US dollars, current price
Ranked 3rd. 26% more than Denmark
Trade > Exports $99.37 billion
Ranked 34th.
$1.27 trillion
Ranked 3rd. 13 times more than Denmark

Purchasing power parity > GDP > PPP > Current international $ $203.27 billion
Ranked 48th.
$14.12 trillion
Ranked 2nd. 69 times more than Denmark

Public expenditure > Social expenditure > Public social expenditure 26.9%
Ranked 4th. 69% more than United States
15.9%
Ranked 27th.
Entrepreneurship > Hiring and Firing > Index ranking 17
Ranked 137th. 3 times more than United States
6
Ranked 148th.
Income > GDP, PPP > Current international $ per capita $42,172.53
Ranked 16th.
$51,748.56
Ranked 8th. 23% more than Denmark

Total > Reserves in months of imports 3.01
Ranked 72nd. 3 times more than United States
0.92
Ranked 120th.

Imports > Commodities machinery and equipment, raw materials and semimanufactures for industry, chemicals, grain and foodstuffs, consumer goods agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys)
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults 59.09
Ranked 42nd.
173.43
Ranked 4th. 3 times more than Denmark

Inflation > Consumer price index > 2005 = 100 116.89
Ranked 155th.
117.56
Ranked 152nd. 1% more than Denmark

GDP > Constant LCU 1383889000000 11046430000000
Gross domestic savings > Current US$ > Per $ GDP 256.33$ per $1,000 of GDP
Ranked 41st. 85% more than United States
138.73$ per $1,000 of GDP
Ranked 102nd.

Poverty and inequality > Inequality adjusted income index 0.764
Ranked 5th. 12% more than United States
0.681
Ranked 22nd.
Trade > Export growth 3.72
Ranked 85th.
8.37
Ranked 54th. 2 times more than Denmark

Welfare > Social contributions > Current LCU 25.08 billion
Ranked 39th.
905.45 billion
Ranked 8th. 36 times more than Denmark

Welfare > Revenue, excluding grants > Current LCU 726.03 billion
Ranked 36th.
2.54 trillion
Ranked 19th. 4 times more than Denmark

Labor force per thousand people 0.00036
Ranked 179th.
0.000489
Ranked 115th. 36% more than Denmark

Business efficiency 82.55
Ranked 7th.
100
Ranked 1st. 21% more than Denmark
Trade > Imports > Imports of goods and services 155.6 billion
Ranked 29th.
2.74 trillion
Ranked 1st. 18 times more than Denmark

GDP > Median household income (PPP) $54,119.00
Ranked 6th. 2% more than United States
$53,046.00
Ranked 7th.
Debt > Government debt > Net government debt, share of GDP per million people 1.37 IMF
Ranked 56th. 5 times more than United States
0.277 IMF
Ranked 77th.
Household final > Consumption expenditure per capita > Constant 2000 US$ 15,602.76 constant 2000 US$
Ranked 6th.
25,841.85 constant 2000 US$
Ranked 1st. 66% more than Denmark

Public institution index 6.59
Ranked 1st. 15% more than United States
5.74
Ranked 21st.
GNI > Atlas method > Current US$ per capita 48,299.77$
Ranked 4th. 11% more than United States
43,695.99$
Ranked 5th.

Income > GNI, PPP > Current international $ $242.79 billion
Ranked 47th.
$16.51 trillion
Ranked 2nd. 68 times more than Denmark

Income > GDP, PPP > Current international $ $235.76 billion
Ranked 50th.
$16.24 trillion
Ranked 2nd. 69 times more than Denmark

Income > Household final consumption expenditure, PPP > Constant 2005 international $ $85.59 billion
Ranked 49th.
$9.70 trillion
Ranked 1st. 113 times more than Denmark

Currency > Monetary unit 1 krone = 100 ore 1 US dollar = 100 cents
Budget > Expenditures > Per $ GDP $0.51 per $1 of GDP
Ranked 10th. 3 times more than United States
$0.20 per $1 of GDP
Ranked 112th.

Aid > Untied given per million people $315.67 million
Ranked 3rd. 6 times more than United States
$57.27 million
Ranked 16th.

Taxes and other revenues 56% of GDP
Ranked 6th. 4 times more than United States
15.3% of GDP
Ranked 2nd.

Patents granted 52 per million people
Ranked 27th.
289 per million people
Ranked 3rd. 6 times more than Denmark
Balance of payments > Financial > Reserves -30,684,866,472.42
Ranked 140th.
-52,181,533,779.94
Ranked 142nd. 70% more than Denmark

Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U $147.28 billion
Ranked 27th.
$1.57 trillion
Ranked 2nd. 11 times more than Denmark

Balance of payments > Current account > Balances > Current account balance > Current US$ $11.22 billion
Ranked 15th.
$-378,434,537,000.00
Ranked 143th.

Foreign direct investment > FDI > FDI flows and stocks > Inward FDI stocks $135,385.00 Million US dollars
Ranked 14th.
$2.15 million Million US dollars
Ranked 1st. 16 times more than Denmark
Oil > Proved reserves 812 million bbl
Ranked 38th.
20.68 billion bbl
Ranked 13th. 25 times more than Denmark

Companies > Ease of doing business index > 1=most business-friendly regulations 5
Ranked 184th. 25% more than United States
4
Ranked 185th.

Natural gas > Production 8.17 billion cu m
Ranked 24th.
611 billion cu m
Ranked 1st. 75 times more than Denmark

GDP deflator 112.11
Ranked 148th.
112.4
Ranked 146th. About the same as Denmark

New businesses registered > Number 28,811
Ranked 14th.
676,830
Ranked 1st. 23 times more than Denmark

Oil > Consumption 167,500 bbl/day
Ranked 60th.
19.15 million bbl/day
Ranked 1st. 114 times more than Denmark

Tourism > International tourism, receipts > Current US$ $5.99 billion
Ranked 42nd.
$185.89 billion
Ranked 2nd. 31 times more than Denmark

Electricity > Consumption 33.41 billion kWh
Ranked 41st.
3.74 trillion kWh
Ranked 1st. 112 times more than Denmark

Spending > Final consumption expenditure > Constant 2000 US$ per capita $36,147.25
Ranked 6th.
$37,586.27
Ranked 5th. 4% more than Denmark

Currency > GDP > Constant 2000 US$ per capita $46,357.69
Ranked 8th. 2% more than United States
$45,335.90
Ranked 10th.

Tax > GDP > Current US$ $314.89 billion
Ranked 32nd.
$16.24 trillion
Ranked 2nd. 52 times more than Denmark

Net capital account > BoP > Current US$ 283.24 million BoP $
Ranked 25th.
-4,351,000,000 BoP $
Ranked 114th.

Portfolio investment > Excluding LCFAR > BoP > Current US$ -52,329,820,000 BoP $
Ranked 105th.
-1,088,672,000,000 BoP $
Ranked 120th. 21 times more than Denmark

Net trade in goods and services > BoP > Current US$ 12.56 billion BoP $
Ranked 21st.
-716,730,000,000 BoP $
Ranked 137th.

Budget > Expenditures > Per capita $28,675.30 per capita
Ranked 3rd. 3 times more than United States
$9,065.55 per capita
Ranked 26th.

GDP > Composition, by end use > Investment in inventories -0.2%
Ranked 148th.
0.4%
Ranked 87th.
Economic growth > Evolution of GDP > Real GDP growth 1.65%
Ranked 28th.
2.02%
Ranked 26th. 23% more than Denmark
Trade > Exports > By good > Chocolate cocoa preparations 105,149
Ranked 16th.
502,876
Ranked 6th. 5 times more than Denmark
Taxes > Taxes on the average worker > Taxes on the average worker 41.32%
Ranked 14th. 38% more than United States
29.98%
Ranked 22nd.
Purchasing power parity > GNI > PPP > Current international $ $208.98 billion
Ranked 45th.
$14.01 trillion
Ranked 2nd. 67 times more than Denmark

Debt > External > Per $ GDP $1,471.46 per $1,000 of GDP
Ranked 9th. 93% more than United States
$760.50 per $1,000 of GDP
Ranked 31st.

Trade > Exports > By good > Passenger cars etc 596,992
Ranked 25th.
21.75 million
Ranked 7th. 36 times more than Denmark
GNI > PPP > Current international $ 184.31 billion PPP $
Ranked 44th.
12.45 trillion PPP $
Ranked 1st. 68 times more than Denmark

Investment > Foreign investment > Commitment to Development Index (investment) 4.7
Ranked 18th.
5
Ranked 16th. 6% more than Denmark
High-technology > Exports > Current US$ $11.85 billion
Ranked 24th.
$231.13 billion
Ranked 3rd. 20 times more than Denmark

Stock of direct foreign investment > Abroad $241.70 billion
Ranked 21st.
$4.45 trillion
Ranked 1st. 18 times more than Denmark

Oil > Exports per thousand people 48.29 bbl/day
Ranked 24th. 8 times more than United States
6.26 bbl/day
Ranked 55th.

Overall productivity > PPP $58,027.50
Ranked 8th.
$74,624.70
Ranked 2nd. 29% more than Denmark
Final > Consumption expenditure > Etc. > Current US$ 192.4 billion$
Ranked 20th.
10.06 trillion$
Ranked 1st. 52 times more than Denmark

Gross National Income > Constant LCU 1415207000000 10687260000000
GDP > Constant 2000 US$ > Per capita 31,611.59 constant 2000 US$ per c
Ranked 7th.
37,267.35 constant 2000 US$ per c
Ranked 4th. 18% more than Denmark

National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $30,547.88
Ranked 9th.
$37,016.09
Ranked 6th. 21% more than Denmark

Income > GDP per capita, PPP > Constant 2005 international $ $32,363.24
Ranked 21st.
$45,335.90
Ranked 7th. 40% more than Denmark

Scientific and technical journals > Articles published 5,235.8
Ranked 22nd.
209,694.7
Ranked 2nd. 40 times more than Denmark

Foreign direct investment > Net > BoP > Current US$ > Per capita -799,902.252 BoP $ per 1,000 people
Ranked 128th.
339,670.94 BoP $ per 1,000 people
Ranked 23th.

Goods imports > BoP > Current US$ 74.64 billion BoP $
Ranked 26th.
1.68 trillion BoP $
Ranked 1st. 22 times more than Denmark

Net income > BoP > Current US$ 274.93 million BoP $
Ranked 21st.
11.29 billion BoP $
Ranked 5th. 41 times more than Denmark

GDP per unit of energy use 7.89 PPP 2000 $/kg of oil eq.
Ranked 17th. 72% more than United States
4.6 PPP 2000 $/kg of oil eq.
Ranked 63th.

Oil > Consumption per thousand people 30.19 bbl/day
Ranked 58th.
61.91 bbl/day
Ranked 21st. 2 times more than Denmark

Budget > Revenues > Per $ GDP $0.55 per $1 of GDP
Ranked 7th. 3 times more than United States
$0.18 per $1 of GDP
Ranked 115th.

Natural gas > Production per capita 1,472.87 cu m
Ranked 12th.
1,975.26 cu m
Ranked 10th. 34% more than Denmark

International tourism > Expenditures for travel items > Current US$ $9.68 billion
Ranked 23th.
$85.37 billion
Ranked 3rd. 9 times more than Denmark

Researchers in RandD > Per million people 5,016.25 per million people
Ranked 4th. 9% more than United States
4,605.01 per million people
Ranked 4th.

Government spending > Subsidies and other transfers > Current LCU per capita 23,609.25
Ranked 26th. 3 times more than United States
8,247.11
Ranked 44th.

Government spending > Subsidies and other transfers > Current LCU 131.52 billion
Ranked 47th.
2.57 trillion
Ranked 14th. 20 times more than Denmark

Tax > Components of taxation > Property tax 3.3%
Ranked 13th.
10.1%
Ranked 3rd. 3 times more than Denmark
Intellectual property > Patents granted 2,347
Ranked 19th.
224,505
Ranked 2nd. 96 times more than Denmark

Currency > DEC alternative conversion factor > LCU per US$ 6 1
Stocks traded > Total value > Current US$ 152.05 billion$
Ranked 24th.
21.51 trillion$
Ranked 1st. 141 times more than Denmark

GDP > Composition, by end use > Investment in fixed capital 17.3%
Ranked 149th. 17% more than United States
14.8%
Ranked 162nd.
Trade > Exports > Goods and services 42%
Ranked 69th. 4 times more than United States
11%
Ranked 149th.
Foreign direct investment > Net > BoP > Current US$ -4,332,253,000 BoP $
Ranked 124th.
100.68 billion BoP $
Ranked 1st.

Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.435 BoP $ per $1 of GDP
Ranked 75th. 3 times more than United States
0.16 BoP $ per $1 of GDP
Ranked 127th.

Economic importance 2.4
Ranked 23th.
197.9
Ranked 1st. 82 times more than Denmark
Stock of direct foreign investment > At home per capita $26,312.60
Ranked 12th. 3 times more than United States
$8,444.99
Ranked 33th.

Economic aid > Donor per capita $407.02
Ranked 4th. 5 times more than United States
$77.38
Ranked 17th.
Reserves > Total reserves minus gold > Current US$ $86.14 billion
Ranked 21st.
$139.13 billion
Ranked 14th. 62% more than Denmark

Spending > Household final consumption expenditure > Constant 2000 US$ per capita $23,190.85
Ranked 7th.
$30,898.88
Ranked 3rd. 33% more than Denmark

Spending > Final consumption expenditure > Constant 2000 US$ $202.08 billion
Ranked 27th.
$11.80 trillion
Ranked 1st. 58 times more than Denmark

Savings > Gross domestic savings > Current US$ $69.34 billion
Ranked 38th.
$2.55 trillion
Ranked 3rd. 37 times more than Denmark

World Bank exchange rate 5.36
Ranked 99th. 5 times more than United States
1
Ranked 143th.

Balance of payments > Current account > Balances > Net trade in goods > US$ $8.10 billion
Ranked 26th.
$-503,578,047,000.00
Ranked 142nd.

Trade > Exports > Goods 83.83 billion
Ranked 28th.
1.58 trillion
Ranked 2nd. 19 times more than Denmark

Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 121.56
Ranked 139th.
124.24
Ranked 136th. 2% more than Denmark

Electricity > Production 34.15 billion kWh
Ranked 46th.
3.95 trillion kWh
Ranked 1st. 116 times more than Denmark

Electricity > Imports per capita 60.29 kWh
Ranked 45th.
111.87 kWh
Ranked 38th. 86% more than Denmark

Stock of money $148.70 billion
Ranked 11th.
$1.37 trillion
Ranked 3rd. 9 times more than Denmark
Gender income ratio 0.7%
Ranked 2nd. 13% more than United States
0.62%
Ranked 16th.
GDP growth > Duration 1980-2000 49%
Ranked 31st.
56%
Ranked 25th. 14% more than Denmark
Household final > Consumption expenditure > Constant 2000 US$ per capita 15,592.82 constant 2000 US$
Ranked 6th.
25,916.88 constant 2000 US$
Ranked 1st. 66% more than Denmark

Gross national expenditure > Current US$ > Per $ GDP 0.953$ per $1 of GDP
Ranked 111th.
1.05$ per $1 of GDP
Ranked 76th. 10% more than Denmark

Gross fixed capital formation > Current US$ per capita 9,856.91$
Ranked 5th. 32% more than United States
7,474.93$
Ranked 11th.

Patent applications > Residents 1,634
Ranked 17th.
231,588
Ranked 2nd. 142 times more than Denmark

GNI > Atlas method > Current US$ > Per capita 48,330.57$ per capita
Ranked 4th. 11% more than United States
43,564.23$ per capita
Ranked 5th.

Income > GNI, PPP > Constant 2005 international $ $186.35 billion
Ranked 46th.
$14.47 trillion
Ranked 1st. 78 times more than Denmark

Income > GNI per capita, PPP > Constant 2005 international $ $33,332.98
Ranked 13th.
$46,084.41
Ranked 3rd. 38% more than Denmark

Income > GDP, PPP > Constant 2005 international $ per capita $32,363.24
Ranked 21st.
$45,335.90
Ranked 7th. 40% more than Denmark

Oil > Production per thousand people 44.61 bbl/day
Ranked 24th. 42% more than United States
31.32 bbl/day
Ranked 28th.

Gross savings > Current US$ per capita 11,345.36$
Ranked 2nd. 2 times more than United States
5,176.48$
Ranked 19th.

Innovation > Patent applications, nonresidents per million 35.36
Ranked 40th.
821.06
Ranked 7th. 23 times more than Denmark

Innovation > Patent applications, residents 1,574
Ranked 24th.
247,750
Ranked 3rd. 157 times more than Denmark

Trade > Exports > Export growth in USD 183.41
Ranked 95th. 36% more than United States
135.15
Ranked 119th.

Trade > Imports > By good > Silver platinum etc 14,032
Ranked 29th.
3.43 million
Ranked 1st. 244 times more than Denmark
Innovation > Scientific and technical journal articles 5,306.1
Ranked 24th.
208,600.8
Ranked 2nd. 39 times more than Denmark

GDP > PPP > Current international $ per capita 33,950.97 PPP $
Ranked 9th.
42,016.29 PPP $
Ranked 2nd. 24% more than Denmark

Welfare > Revenue, excluding grants > Current LCU per capita 130,332.94
Ranked 24th. 16 times more than United States
8,158.36
Ranked 69th.

Micro > Small and medium enterprises > Number per 1000 47.73
Ranked 9th. 2 times more than United States
20.04
Ranked 19th.
Transnational corporations > Affiliates 2,305
Ranked 32nd.
19,103
Ranked 7th. 8 times more than Denmark
Tax > Taxes on income > Profits and capital gains > Current LCU 313.58 billion
Ranked 19th.
1.09 trillion
Ranked 1st. 3 times more than Denmark

Tax > Social security contributions 3.32%
Ranked 57th.
41.64%
Ranked 1st. 13 times more than Denmark

Tax > Components of taxation > Social security > Employees contribution 2.7%
Ranked 27th.
11.7%
Ranked 10th. 4 times more than Denmark
Oil > Imports 173,900 bbl/day
Ranked 51st.
10.27 million bbl/day
Ranked 1st. 59 times more than Denmark

Imports > Partners Germany 21.2%, Sweden 13.5%, Netherlands 7.5%, China 6.4%, Norway 6.3%, UK 5.6% China 19%, Canada 14.1%, Mexico 12%, Japan 6.4%, Germany 4.7%
Oil > Imports per thousand people 31.49 bbl/day
Ranked 42nd.
33.48 bbl/day
Ranked 37th. 6% more than Denmark

Electricity > Production per capita 6,183.13 kWh
Ranked 28th.
12,885.81 kWh
Ranked 6th. 2 times more than Denmark

Market value of publicly traded shares $179.50 billion
Ranked 32nd.
$15.64 trillion
Ranked 1st. 87 times more than Denmark

Gross Domestic Product > GDP > Size of GDP > Gross domestic product per million $35.55 Billion US dollars, curre
Ranked 11th.
$44.79 Billion US dollars, curre
Ranked 3rd. 26% more than Denmark
GDP growth > Duration 1975-2000 1.6%
Ranked 58th.
2%
Ranked 44th. 25% more than Denmark
Trade > Imports > By good > Passenger cars etc 1.83 million
Ranked 26th.
116.2 million
Ranked 1st. 64 times more than Denmark
Services > Etc. > Value added > Constant 2000 US$ 106.36 billion constant 2000 US$
Ranked 20th.
7.6 trillion constant 2000 US$
Ranked 1st. 71 times more than Denmark

Trade > Exports > Goods and services > Constant 2000 US$ 87.76 billion constant 2000 US$
Ranked 19th.
1.12 trillion constant 2000 US$
Ranked 1st. 13 times more than Denmark

Household final > Consumption expenditure > Current US$ 125.38 billion$
Ranked 21st.
8.21 trillion$
Ranked 1st. 66 times more than Denmark

Merchandise > Exports > Current US$ 85.14 billion$
Ranked 31st.
904.38 billion$
Ranked 2nd. 11 times more than Denmark

Gross fixed capital formation > Current US$ 53.42 billion$
Ranked 20th.
2.19 trillion$
Ranked 1st. 41 times more than Denmark

Household final > Consumption expenditure > Current US$ > Per capita 23,149.93$ per capita
Ranked 5th.
27,972.58$ per capita
Ranked 3rd. 21% more than Denmark

Research and development spending 1.9%
Ranked 14th.
2.5%
Ranked 7th. 32% more than Denmark
Aid > Untied given $1,758.46 million
Ranked 11th.
$17,845.09 million
Ranked 1st. 10 times more than Denmark

Tax > Time to prepare and pay taxes > Hours 135
Ranked 139th.
187
Ranked 112th. 39% more than Denmark

Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ $-3,436,361,397.40
Ranked 126th.
$162.52 billion
Ranked 1st.

Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU 1.26 trillion
Ranked 42nd.
12.42 trillion
Ranked 15th. 10 times more than Denmark

Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo $173.38 billion
Ranked 28th.
$2.16 trillion
Ranked 2nd. 12 times more than Denmark

Intellectual property > Patent applications 11,565
Ranked 15th.
432,298
Ranked 3rd. 37 times more than Denmark

Trade > Imports of goods > Services and income > BoP > Current US$ per capita 25,059.58 BoP $
Ranked 10th. 3 times more than United States
8,308.6 BoP $
Ranked 37th.

Net income > BoP > Current US$ per million 50.73 million BoP $
Ranked 19th. 33% more than United States
38.22 million BoP $
Ranked 22nd.

Foreign direct investment > Net > BoP > Current US$ > Per $ GDP -16.745 BoP $ per $1,000 of GDP
Ranked 118th.
8.11 BoP $ per $1,000 of GDP
Ranked 88th.

Commercial service imports > Current US$ 37.84 billion$
Ranked 18th.
281.17 billion$
Ranked 1st. 7 times more than Denmark

Commercial service imports > Current US$ > Per capita 6,986.85$ per capita
Ranked 6th. 7 times more than United States
948.58$ per capita
Ranked 47th.

Natural gas > Proved reserves per capita 10,435.19 cu m
Ranked 39th.
22,397.07 cu m
Ranked 30th. 2 times more than Denmark

Natural gas > Proved reserves 58.13 billion cu m
Ranked 60th.
6.93 trillion cu m
Ranked 6th. 119 times more than Denmark

Natural gas > Consumption 4.95 billion cu m
Ranked 38th.
683.3 billion cu m
Ranked 1st. 138 times more than Denmark

External debt > Date of information 30 June 2006 30 June 2006 est.
Micro > Small and medium enterprises > Per 1,000 people 47.76 per 1,000 people
Ranked 9th. 2 times more than United States
19.99 per 1,000 people
Ranked 19th.
Tourism > International tourism, receipts for travel items > Current US$ per capita $1,075.83
Ranked 31st. 2 times more than United States
$479.02
Ranked 62nd.

Tourism > International tourism, expenditures > Current US$ $9.84 billion
Ranked 26th.
$117.29 billion
Ranked 2nd. 12 times more than Denmark

Tourism > International tourism, number of departures 7.85 million
Ranked 23th.
58.5 million
Ranked 4th. 7 times more than Denmark

Companies > Ease of doing business index > 1=most business-friendly regulations per million 0.894
Ranked 162nd. 70 times more than United States
0.0127
Ranked 188th.
Gross Domestic Product > GDP > Size of GDP > Gross domestic product $196.35 Billion US dollars, curre
Ranked 23th.
$13,741.60 Billion US dollars, curre
Ranked 1st. 70 times more than Denmark
Economic growth > Inflation > GDP deflator 1.96%
Ranked 22nd.
2.69%
Ranked 16th. 37% more than Denmark
Public expenditure > Health expenditure > Total expenditure on health 9.5%
Ranked 9th.
15.3%
Ranked 1st. 61% more than Denmark
International tourism > Receipts for travel items > Current US$ $6.69 billion
Ranked 33th.
$134.91 billion
Ranked 2nd. 20 times more than Denmark

Tourism receipts > International > Per $ GDP $17.37 per $1,000 of GDP
Ranked 109th. 75% more than United States
$9.90 per $1,000 of GDP
Ranked 131st.

Trade > Tariffs > Binding coverage > All products 99.98%
Ranked 21st. The same as United States
99.96%
Ranked 12th.

GDP > PPP > Constant 2000 international $ > Per capita 30,223.96 PPP 2000 $ per capita
Ranked 9th.
37,267.35 PPP 2000 $ per capita
Ranked 2nd. 23% more than Denmark

GDP > PPP > Current international $ > Per capita 33,972.63 PPP $ per capita
Ranked 9th.
41,889.59 PPP $ per capita
Ranked 2nd. 23% more than Denmark

Patent applications > Nonresidents 191
Ranked 25th.
210,062
Ranked 1st. 1100 times more than Denmark

Trade > Exports > Per $ GDP $0.33 per $1 of GDP
Ranked 74th. 4 times more than United States
$0.08 per $1 of GDP
Ranked 152nd.

Tax > Tax payments > Number per million 1.79
Ranked 113th. 51 times more than United States
0.035
Ranked 185th.

Purchasing power parity > GDP > PPP > Constant 2005 international $ $178.33 billion
Ranked 48th.
$12.82 trillion
Ranked 2nd. 72 times more than Denmark

Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ $8.70
Ranked 73th. 9 times more than United States
$1.00
Ranked 124th.

Trade > Exports > Export growth 115.93
Ranked 88th. 1% more than United States
115.12
Ranked 92nd.

Tourism expenditures > International $6.86 billion
Ranked 17th.
$93.22 billion
Ranked 1st. 14 times more than Denmark

Trade > Exports > By good > Perfume toilet cosmetics 246,915
Ranked 17th.
3.41 million
Ranked 3rd. 14 times more than Denmark

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