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Economy Stats: compare key data on Nicaragua & United States

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Definitions

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

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

  • Overview: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
  • Exports: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • GDP: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • GDP > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
  • GDP > Purchasing power parity per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Figures expressed per capita for the same year.
  • GDP per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Gross National Income: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop).
  • Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
  • Population below poverty line: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations.
  • Public debt: This entry records the cumulatiive total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
  • Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
  • GDP > Composition, by sector of origin > Services: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Exports per capita: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • 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.
  • Technology index: The technology index denotes the country's technological readiness. This index is created with such indicators as companies spending on R&D, the creativity of its scientific community, personal computer and internet penetration rates.
  • Development > Human Development Index: Human Development Index trends, 1980-2012.
  • Population below poverty line > Per capita: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Per capita figures expressed per 1 million population.
  • 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$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars."
  • Tax > Tax rates: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
  • GDP per person: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
  • Exports > Main exports: Country main exports.
  • Budget > Revenues per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Debt > External: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services.
  • Gross domestic savings > Current US$ 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.
  • Population below poverty line > Per $ GDP: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Per $ GDP figures expressed per 1 trillion $ gross domestic product.
  • GDP > Composition, by end use > Imports of goods and services: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
  • New businesses registered > Number > Per capita: New businesses registered are the number of new firms, defined as firms registered in the current year of reporting." Per capita figures expressed per 1,000 population.
  • GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors. Data are in current U.S. dollars."
  • Labor force: This entry contains the total labor force figure.
  • GDP > Real growth rate: GDP growth on an annual basis adjusted for inflation and expressed as a percent.
  • Debt > Government debt > Gross government debt, share of GDP: Gross government debt as % of GDP (IMF).

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

  • International tourism > Number of arrivals: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited.
  • Economic growth > Per capita: Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • 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.
  • 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.
  • Trade > Exports per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Figures expressed per capita for the same year.
  • Current account balance per capita: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency.
  • Tourism > International tourism, number of arrivals: International tourism, number of arrivals. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival.
  • Tax > GDP > Constant LCU per capita: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency. Figures expressed per capita for the same year.
  • Retail > Gross value added by wholesale, retail trade, restaurants and hotels: Gross Value Added by Kind of Economic Activity at current prices - US dollars.
  • Household final > Consumption expenditure > Current US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Budget > Expenditures per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Reserves > Total reserves > Includes gold, current US$: Total reserves (includes gold, current US$). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.
  • Exchange rates: The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.
  • Debt > External per capita: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Figures expressed per capita for the same year.
  • Size of economy > Share of world GDP : Percent of world GDP (exchange rates).

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  • Gross fixed capital formation > Current US$ > Per $ GDP: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Exports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
  • GDP > Official exchange rate: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed.
  • GDP per capita > PPP > Constant 2000 international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars.
  • Investment > Gross fixed: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.
  • Income receipts > BoP > Current US$ per capita: Income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Bank liquid > Reserves to bank assets ratio: Ratio of bank liquid reserves to bank assets is the ratio of domestic currency holdings and deposits with the monetary authorities to claims on other governments, nonfinancial public enterprises, the private sector, and other banking institutions.
  • GDP > Composition, by sector of origin > Industry: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Debt > Net domestic credit > Current LCU: Net domestic credit (current LCU). Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy (IFS line 32). Data are in current local currency.
  • Government spending: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2000 U.S. dollars."
  • Foreign direct investment > Net inflows > BoP > Current US$ 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.
  • Gross domestic savings: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • Inflation: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used."
  • Outbound tourist spending: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars."
  • Income > GNI, PPP > Current international $ per capita: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. Figures expressed per capita for the same year.
  • Income > GNI per capita, PPP > Current international $: GNI per capita, PPP (current international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • GDP > By type of expenditure > Household consumption expenditure per capita: GDP by Type of Expenditure at current prices - US dollars. Figures expressed per capita for the same year.
  • Reserves of foreign exchange and gold: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.
  • 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$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • International tourism > Expenditures > Current US$ 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.
  • Consumption > Consumption by sector > Equals: Household final consumption expenditure: Total amount of money spent by nation's consumers, or households. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. Also included are taxes and money spent by citizens while abroad. 
  • Net income > BoP > Current US$ > Per capita: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
  • Poverty and inequality > Poorest's share in national income or consumption: Percentage of country's total income or consumption that belongs to the poorest 5% of its citizens.
  • Debt > Net foreign assets > Current LCU per capita: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency. Figures expressed per capita for the same year.
  • Tax > GDP > Current LCU: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • GDP > PPP per capita: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004. Figures expressed per capita for the same year.
  • GNI: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
  • GDP > PPP: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.
  • Development > Human Development Index > Inequality adjusted: Inequality-adjusted Human Development Index.
  • Tax > GDP > Current US$ per capita: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • Industrial production growth rate: This entry gives the annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Purchasing power parity > GDP per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • World trade > Exports: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars."
  • 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.
  • 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.
  • Spending > Household final consumption expenditure per capita > Constant 2000 US$: Household final consumption expenditure per capita (constant 2000 US$). Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2005 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars.
  • Tax > GDP per capita > Constant LCU: GDP per capita (constant LCU). GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Income > GDP per capita, PPP > Current international $: GDP per capita, PPP (current international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Technological achievement: Technology Achievement Index
    Units: Score
  • Currency > Real effective exchange rate index > 2005 = 100: Real effective exchange rate index (2005 = 100). Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
  • Net domestic credit > Current LCU: Net domestic credit is the sum of net credit to the nonfinancial public sector, credit to the private sector, and other accounts. Data are in current local currency.
  • International tourism > Receipts > Current US$ per capita: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • GDP > By type of expenditure > Household consumption expenditure: GDP by Type of Expenditure at current prices - US dollars.
  • Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita: Gross Value Added by Kind of Economic Activity at current prices - US dollars. Figures expressed per capita for the same year.
  • Household spending per capita: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
  • Current account balance > BoP > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars.
  • Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Currency > Real effective exchange rate index: Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
    2000 = 100
  • Currency > Official exchange rate > LCU per US$ > 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 $). Total health expenditure is the sum of public and private health expenditures as a ratio of total population. It covers the provision of health services (preventive and curative), family planning activities, nutrition activities, and emergency aid designated for health but does not include provision of water and sanitation. Data are in international dollars converted using 2005 purchasing power parity (PPP) rates.
  • Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita: Total amount of money spent by nation's consumers, or households. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. Also included are taxes and money spent by citizens while abroad. . Figures expressed per capita for the same year.
  • Tax > GDP > Current LCU per capita: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency. Figures expressed per capita for the same year.
  • Spending > Household final consumption expenditure > Current US$ per capita: Household final consumption expenditure (current US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Debt > Strength of legal rights index > 0=weak to 10=strong per million: Strength of legal rights index (0=weak to 10=strong). Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 10, with higher scores indicating that these laws are better designed to expand access to credit. Figures expressed per million population for the same year.
  • Oil > Production: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • Economy growth: Measures growth in the economy or ""economy growth"". Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources."
  • Trade > Exports > Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Purchasing power parity > Gross domestic product per capita > PPP: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • 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.
  • 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.
  • 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.
  • Gross domestic savings > Current US$: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • Trade > Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
  • Purchasing power parity > GDP > PPP > Current international $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
  • Gross national expenditure > Constant 2000 US$ 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.
  • Inflation > Consumer price index > 2005 = 100: Consumer price index (2005 = 100). Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • GDP > Constant LCU: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Gross domestic savings > Current US$ > Per $ GDP: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Poverty and inequality > Inequality adjusted income index: Inequality-adjusted Human Development Index.
  • Trade > Export growth: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
  • Welfare > Revenue, excluding grants > Current LCU: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
  • Labor force per thousand people: This entry contains the total labor force figure. Figures expressed per thousand people for the same year.
  • Trade > Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • 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 > 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.
  • 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.
  • Currency > Monetary unit: Country currency.
  • Budget > Expenditures > Per $ GDP: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
  • Taxes and other revenues: This entry records total taxes and other revenues received by the national government during the time period indicated, expressed as a percent of GDP. Taxes include personal and corporate income taxes, value added taxes, excise taxes, and tariffs. Other revenues include social contributions - such as payments for social security and hospital insurance - grants, and net revenues from public enterprises. Normalizing the data, by dividing total revenues by GDP, enables easy comparisons across countries, and provides an average rate at which all income (GDP) is paid to the national level government for the supply of public goods and services.
  • Balance of payments > Financial > Reserves: Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. These include changes in holdings of monetary gold, SDRs, foreign exchange assets, reserve position in the International Monetary Fund, and other claims on nonresidents that are available to the central authority. The measure is net of liabilities constituting foreign authorities' reserves, and counterpart items for valuation changes and exceptional financing items. Data are in current U.S. dollars."
  • Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
  • Balance of payments > Current account > Balances > Current account balance > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars."
  • 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.
  • New businesses registered > Number: New businesses registered are the number of new firms, defined as firms registered in the current year of reporting."
  • Oil > Consumption: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • Tourism > International tourism, receipts > Current US$: International tourism, receipts (current US$). International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.
  • Electricity > Consumption: This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
  • Currency > GDP > Constant 2000 US$ 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.
  • 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
  • GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
  • High-technology > Exports > Current US$: High-technology exports are products with high research and development intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars."
  • Oil > Exports per thousand people: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
    Additional details:
    • Bahamas, The: transshipments of 41,570 bbl/day (2007)
    • Bahamas, The: transshipments of 41,610 bbl/day (2009)
    . Figures expressed per thousand people for the same year.
  • Final > Consumption expenditure > Etc. > Current US$: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
  • Gross National Income > Constant LCU: Gross national income is derived as the sum of GNP and the terms of trade adjustment. Data are in constant local currency.
  • GDP > Constant 2000 US$ > Per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Per capita figures expressed per 1 population.
  • National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • Income > GDP per capita, PPP > Constant 2005 international $: GDP per capita, PPP (constant 2005 international $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
  • Scientific and technical journals > Articles published: Scientific and technical journal articles refer to the number of scientific and engineering articles published in the following fields: physics, biology, chemistry, mathematics, clinical medicine, biomedical research, engineering and technology, and earth and space sciences."
  • Net income > BoP > Current US$: 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: 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.
  • 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.
  • Currency > DEC alternative conversion factor > LCU per US$: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.
  • GDP > Composition, by end use > Investment in fixed capital: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
    .
  • Trade > 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$: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars.
  • Spending > Household final consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (constant 2000 US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Reserves > Total reserves minus gold > Current US$: Total reserves minus gold (current US$). Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars.
  • Savings > Gross domestic savings > Current US$: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
  • Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • World Bank exchange rate: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar."
  • Balance of payments > Current account > Balances > Net trade in goods > US$: Net trade in goods is the difference between exports and imports of goods. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Trade in services is not included. Data are in current U.S. dollars."
  • Trade > Exports > Goods: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
  • Electricity > Production: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
  • Electricity > Imports per capita: This entry is the total imported electricity in kilowatt-hours. Figures expressed per capita for the same year.
  • GDP growth > Duration 1980-2000: Gross domestic product GDP growth rate from 1980 to 2000
  • Gross national expenditure > Current US$ > Per $ GDP: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Household final > Consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars. Figures expressed per capita for the same year.
  • Gross fixed capital formation > Current US$ per capita: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Patent applications > Residents: Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years."
  • GNI > Atlas method > Current US$ > Per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States. Per capita figures expressed per 1 population.
  • Income > GNI per capita, PPP > Constant 2005 international $: GNI per capita, PPP (constant 2005 international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
  • Income > GNI, PPP > Constant 2005 international $: GNI, PPP (constant 2005 international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
  • Income > GDP, PPP > Constant 2005 international $ per capita: GDP, PPP (constant 2005 international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars. Figures expressed per capita for the same year.
  • International tourism > Receipts > Current US$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
  • Terms of trade: Terms of trade (1980 = 100) 1999. The ratio of the export price index to the import price index measured relative to the base year 1980. A value of more than 100 implies that the price of exports has risen relative to the price of imports.
  • Oil > Production per thousand people: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
  • Gross savings > Current US$ per capita: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Innovation > Patent applications, 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."
  • Innovation > Scientific and technical journal articles: Scientific and technical journal articles. Scientific and technical journal articles refer to the number of scientific and engineering articles published in the following fields: physics, biology, chemistry, mathematics, clinical medicine, biomedical research, engineering and technology, and earth and space sciences.
  • GDP > PPP > Current international $ per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. Figures expressed per capita for the same year.
  • Welfare > Revenue, excluding grants > Current LCU per capita: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here. Figures expressed per capita for the same year.
  • Micro > Small and medium enterprises > Number per 1000: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Figures expressed per thousand population for the same year.
  • Transnational corporations > Affiliates: Number of foreign affiliates to transnational corporations
  • Tax > Social security contributions: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
  • Tax > Customs and other import duties > Current LCU: Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
  • Tax > Taxes on income > Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Imports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
  • Oil > Imports per thousand people: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products. Figures expressed per thousand people for the same year.
  • Oil > Imports: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
  • Electricity > Production per capita: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. Figures expressed per capita for the same year.
  • GDP growth > Duration 1975-2000: GDP per capita annual growth rate (%) from 1975 to 2000
  • Trade > Imports > By good > Passenger cars etc: Imports of Passenger cars etc, by country, in thousands USD
  • 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.
  • Services > Etc. > Value added > Constant 2000 US$: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2000 U.S. dollars.
  • Trade > Exports > Goods and services > Constant 2000 US$: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars.
  • Gross 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 > 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.
  • 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.
  • Tax > Time to prepare and pay taxes > Hours: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions."
  • Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency."
  • Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$: Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero. In the International Financial Statistics presentation, this is equal to the difference between reserves and related items and the sum of the balances of the current, capital, and financial accounts. Data are in current U.S. dollars."
  • Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo: Exports of goods and services are the total value of goods and services exported as well as income and workers' remittances received. Workers' remittances include compensation of employees. Data are in current U.S. dollars.
  • Commercial service imports > Current US$: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.
  • Trade > Imports of goods > Services and income > BoP > Current US$ per capita: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Commercial service imports > Current US$ > Per capita: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies. Per capita figures expressed per 1 population.
  • Royalty and license fees > Payments > BoP > Current US$ per capita: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Net income > BoP > Current US$ per million: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars. Figures expressed per million population for the same year.
  • Foreign direct investment > Net > BoP > Current US$ > Per $ GDP: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Natural gas > Proved reserves per capita: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions. Figures expressed per capita for the same year.
  • Natural gas > Proved reserves: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
  • 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.
  • 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$). International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tourism > International tourism, number of departures: International tourism, number of departures. International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited. The data on outbound tourists refer to the number of departures, not to the number of people traveling. Thus a person who makes several trips from a country during a given period is counted each time as a new departure.
  • Tourism > International tourism, expenditures > Current US$: International tourism, expenditures (current US$). International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars.
  • Companies > Ease of doing business index > 1=most business-friendly regulations per million: Ease of doing business index (1=most business-friendly regulations). Ease of doing business ranks economies from 1 to 189, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators. Figures expressed per million population for the same year.
  • International tourism > Receipts for travel items > Current US$: 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.
  • 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 > 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)."
  • 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."
  • Trade > Exports > By good > Perfume toilet cosmetics: Exports of Perfume/toilet/cosmetics, by country, in thousands USD
STAT Nicaragua United States HISTORY
Budget > Revenues $2.73 billion
Ranked 129th.
$2.45 trillion
Ranked 1st. 898 times more than Nicaragua

Budget surplus > + or deficit > - -0.2% of GDP
Ranked 42nd.
-6.8% of GDP
Ranked 157th. 34 times more than Nicaragua

Debt > Government debt > Public debt, share of GDP 52.7 CIA
Ranked 56th.
72.5 CIA
Ranked 35th. 38% more than Nicaragua
Overview Nicaragua, the poorest country in Central America and the second poorest in the Western Hemisphere, has widespread underemployment and poverty. The Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR) has been in effect since April 2006 and has expanded export opportunities for many agricultural and manufactured goods. Textiles and agriculture combined account for nearly 50% of Nicaragua's exports. The ORTEGA administration's promotion of mixed business initiatives, owned by the Nicaraguan and Venezuelan state oil firms, together with the weak rule of law, could undermine the investment climate for domestic and international private firms in the near-term. Nicaragua relied on an IMF external credit facility to meet internal- and external-debt financing obligations. The most recent IMF program ended in 2011 and Nicaragua is currently in negotiations for a new program. Nicaragua depends heavily on foreign development assistance, however, donors have curtailed this funding in response to November 2008 and subsequent electoral fraud. Nicaragua still struggles with a high public debt burden, however, it succeeded in reducing that burden in 2011. The economy grew at a rate of about 4% in 2012. 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 $4.16 billion
Ranked 114th.
$1.56 trillion
Ranked 2nd. 376 times more than Nicaragua

GDP $10.51 billion
Ranked 119th.
$15.68 trillion
Ranked 2nd. 1493 times more than Nicaragua

GDP > Per capita $2,995.85 per capita
Ranked 77th.
$45,759.46 per capita
Ranked 8th. 15 times more than Nicaragua

GDP > Per capita > PPP $4,400.00
Ranked 128th.
$51,700.00
Ranked 6th. 12 times more than Nicaragua

GDP > Purchasing power parity per capita $2,978.25
Ranked 130th.
$47,587.30
Ranked 7th. 16 times more than Nicaragua

GDP per capita $1,753.64
Ranked 127th.
$49,965.27
Ranked 10th. 28 times more than Nicaragua

Gross National Income $1.78 billion
Ranked 2nd.
$9.78 trillion
Ranked 1st. 5486 times more than Nicaragua
Inflation rate > Consumer prices 7.2%
Ranked 43th. 3 times more than United States
2.1%
Ranked 160th.

Population below poverty line 42.5%
Ranked 9th. 3 times more than United States
15.1%
Ranked 34th.

Public debt 58.6% of GDP
Ranked 48th.
70% of GDP
Ranked 37th. 19% more than Nicaragua

Unemployment rate 7.4%
Ranked 58th.
8.1%
Ranked 47th. 9% more than Nicaragua

GDP > Composition, by sector of origin > Services 56.8%
Ranked 106th.
79.7%
Ranked 14th. 40% more than Nicaragua
Exports per capita $693.79
Ranked 117th.
$4,972.70
Ranked 50th. 7 times more than Nicaragua

Distribution of family income > Gini index 40.5
Ranked 11th.
45
Ranked 9th. 11% more than Nicaragua

Human Development Index 0.69
Ranked 112th.
0.944
Ranked 10th. 37% more than Nicaragua
Tourist arrivals > Per capita 148.29 per 1,000 people
Ranked 97th.
190.7 per 1,000 people
Ranked 91st. 29% more than Nicaragua

GDP > Purchasing power parity $26.38 billion
Ranked 112th.
$16.24 trillion
Ranked 1st. 616 times more than Nicaragua

Currency > PPP conversion factor to official exchange rate ratio 0.24
Ranked 133th.
1
Ranked 24th. 4 times more than Nicaragua

Fiscal year calendar year 1
GDP > Composition by sector > Industry 25.8%
Ranked 113th. 35% more than United States
19.1%
Ranked 160th.

Currency > Official exchange rate > LCU per US$, period average $23.55
Ranked 75th. 24 times more than United States
$1.00
Ranked 147th.

Inequality > GINI index 52.33
Ranked 6th. 28% more than United States
40.81
Ranked 16th.
Imports per capita $1,076.48
Ranked 129th.
$7,336.40
Ranked 47th. 7 times more than Nicaragua

Gross National Income per capita $361.06
Ranked 2nd.
$34,319.53
Ranked 5th. 95 times more than Nicaragua
Technology index 2.78
Ranked 93th.
6.24
Ranked 1st. 2 times more than Nicaragua
Development > Human Development Index 0.599
Ranked 128th.
0.937
Ranked 3rd. 56% more than Nicaragua

Population below poverty line > Per capita 9.32% per 1 million people
Ranked 4th. 227 times more than United States
0.041% per 1 million people
Ranked 44th.

Big Mac Index $2.11
Ranked 41st.
$3.15
Ranked 8th. 49% more than Nicaragua
GDP > Per capita > PPP per thousand people $0.73
Ranked 102nd. 4 times more than United States
$0.16
Ranked 139th.

Exports > Commodities coffee, beef, gold, sugar, peanuts, shrimp and lobster, tobacco, cigars, automobile wiring harnesses, textiles, apparel, cotton 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 8.8
Ranked 5th. 5% more than United States
8.4
Ranked 3rd.
Imports $6.45 billion
Ranked 113th.
$2.30 trillion
Ranked 1st. 357 times more than Nicaragua

Budget > Expenditures $2.75 billion
Ranked 133th.
$3.54 trillion
Ranked 1st. 1286 times more than Nicaragua

GINI index 43.11
Ranked 8th. 6% more than United States
40.81
Ranked 16th.
Reserves of foreign exchange and gold per capita $161.47
Ranked 109th.
$234.27
Ranked 105th. 45% more than Nicaragua

Debt > Net foreign assets > Current LCU 4.76 billion
Ranked 129th.
-125,482,689,271
Ranked 162nd.

Tourist arrivals 858,000
Ranked 89th.
57.94 million
Ranked 3rd. 68 times more than Nicaragua

Budget > Revenues > Per capita $245.51 per capita
Ranked 64th.
$8,527.60 per capita
Ranked 29th. 35 times more than Nicaragua

Inbound tourism income > Current US$ $276.00 million
Ranked 120th.
$166.53 billion
Ranked 2nd. 603 times more than Nicaragua

Tax > Tax rates 17.52
Ranked 62nd. 10% more than United States
15.91
Ranked 3rd.

GDP per person 1,069.09
Ranked 130th.
45,989.18
Ranked 9th. 43 times more than Nicaragua

Exports > Main exports Coffee, meat, shellfish, sugar, tobacco, cattle, gold Computers and electrical machinery, vehicles, chemical products, food and live animals, military equipment and aircraft
Budget > Revenues per capita $244.07
Ranked 113th.
$6,763.09
Ranked 33th. 28 times more than Nicaragua

Debt > External $7.79 billion
Ranked 102nd.
$15.93 trillion
Ranked 1st. 2045 times more than Nicaragua

Gross domestic savings > Current US$ per capita -2.305$
Ranked 121st.
5,533.71$
Ranked 25th.

Central bank discount rate 3%
Ranked 83th. 6 times more than United States
0.5%
Ranked 122nd.

Debt > External > Per capita $588.69 per capita
Ranked 85th.
$40,678.76 per capita
Ranked 12th. 69 times more than Nicaragua

GDP > Composition by sector > Services 56.7%
Ranked 106th.
79.7%
Ranked 15th. 41% more than Nicaragua

Tax > GDP > Constant LCU 146.45 billion
Ranked 114th.
14.23 trillion
Ranked 18th. 97 times more than Nicaragua

Tourism > International tourism, number of arrivals per capita 0.18
Ranked 106th.
0.201
Ranked 98th. 12% more than Nicaragua

International tourism > Receipts > Current US$ > Per $ GDP 42.96$ per $1,000 of GDP
Ranked 48th. 4 times more than United States
9.9$ per $1,000 of GDP
Ranked 97th.

Consumer spending 90.69
Ranked 7th. 27% more than United States
71.37
Ranked 53th.

Consumer price index 139.3%
Ranked 43th. 23% more than United States
113.41%
Ranked 105th.

GDP > Composition by sector > Agriculture 17.5%
Ranked 58th. 15 times more than United States
1.2%
Ranked 191st.

GDP per capita > PPP > Current international $ 3,673.89 PPP $
Ranked 101st.
41,889.57 PPP $
Ranked 2nd. 11 times more than Nicaragua

Industries food processing, chemicals, machinery and metal products, knit and woven apparel, petroleum refining and distribution, beverages, footwear, wood, electric wire harness manufacturing, mining 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
Population below poverty line > Per $ GDP 9,773.89% per $1 trillion of GD
Ranked 4th. 9517 times more than United States
1.03% per $1 trillion of GD
Ranked 42nd.

GDP > Composition, by end use > Imports of goods and services -69.2%
Ranked 142nd. 4 times more than United States
-16.9%
Ranked 4th.
New businesses registered > Number > Per capita 0.402 per 1,000 people
Ranked 61st.
2.28 per 1,000 people
Ranked 26th. 6 times more than Nicaragua

GDP per capita > Constant LCU 6113.92 37267.33
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $434.20 million
Ranked 95th.
$134.71 billion
Ranked 3rd. 310 times more than Nicaragua

Labor force 2
Ranked 191st.
155
Ranked 39th. 78 times more than Nicaragua

GDP > Real growth rate 5.2%
Ranked 54th. 86% more than United States
2.8%
Ranked 106th.

Debt > Government debt > Gross government debt, share of GDP 52.09 IMF
Ranked 65th.
106.53 IMF
Ranked 11th. 2 times more than Nicaragua
International tourism > Number of arrivals 712,000
Ranked 83th.
49.21 million
Ranked 3rd. 69 times more than Nicaragua

Economic growth > Per capita -6.88
Ranked 146th. 98% more than United States
-3.47
Ranked 111th.

Foreign direct investment > Net > BoP > Current US$ per capita 44.25 BoP $
Ranked 72nd.
340.7 BoP $
Ranked 23th. 8 times more than Nicaragua

GDP per capita > Constant 2000 US$ 888.86 constant 2000 US$
Ranked 113th.
37,267.33 constant 2000 US$
Ranked 4th. 42 times more than Nicaragua

Micro > Small and medium enterprises > Number > Per capita 32.84 per 1,000 people
Ranked 2nd. 64% more than United States
19.98 per 1,000 people
Ranked 19th.
Economic freedom 56.6
Ranked 109th.
76
Ranked 10th. 34% more than Nicaragua

GDP > Official exchange rate per capita $1,094.95
Ranked 138th.
$47,264.02
Ranked 8th. 43 times more than Nicaragua

Current account balance $-1,350,000,000.00
Ranked 113th.
$-440,400,000,000.00
Ranked 180th. 326 times more than Nicaragua

Agriculture > Products coffee, bananas, sugarcane, rice, corn, tobacco, sesame, soya, beans; beef, veal, pork, poultry, dairy products; shrimp, lobsters, cotton wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products
Trade > Imports per capita $807.25
Ranked 100th.
$6,152.08
Ranked 42nd. 8 times more than Nicaragua

Currency gold cordoba US dollar
Current account balance > BoP > Current US$ per capita -146.612 BoP $
Ranked 88th.
-2,678.39 BoP $
Ranked 134th. 18 times more than Nicaragua

GNI per capita $1,510.00
Ranked 49th.
$48,620.00
Ranked 11th. 32 times more than Nicaragua
GDP > Purchasing power parity > Per capita $2,995.85 per capita
Ranked 77th.
$45,759.46 per capita
Ranked 8th. 15 times more than Nicaragua

Trade > Exports per capita $546.53
Ranked 99th.
$4,105.70
Ranked 46th. 8 times more than Nicaragua

Current account balance per capita 0.0
Ranked 63th.
0.0
Ranked 79th.

Money and quasi money > M2 > Current LCU 33360140000 9258648000000
Tourism > International tourism, number of arrivals 1.06 million
Ranked 89th.
62.71 million
Ranked 3rd. 59 times more than Nicaragua

Tax > GDP > Constant LCU per capita 24,442.23
Ranked 106th.
45,335.9
Ranked 81st. 85% more than Nicaragua

Retail > Gross value added by wholesale, retail trade, restaurants and hotels 1.58 billion
Ranked 123th.
2.36 trillion
Ranked 1st. 1496 times more than Nicaragua

Household final > Consumption expenditure > Current US$ per capita 802.43$
Ranked 87th.
28,053.8$
Ranked 3rd. 35 times more than Nicaragua

Budget > Expenditures per capita $259.52
Ranked 116th.
$10,981.93
Ranked 24th. 42 times more than Nicaragua

Reserves > Total reserves > Includes gold, current US$ $1.89 billion
Ranked 117th.
$574.27 billion
Ranked 4th. 304 times more than Nicaragua

Stock of broad money None None
Exchange rates cordobas (NIO) per US dollar -<br />23.55 (2012 est.)<br />22.42 (2011 est.)<br />21.36 (2010 est.)<br />20.34 (2009)<br />19.37 (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 $597.08
Ranked 83th.
$40,666.44
Ranked 13th. 68 times more than Nicaragua

Size of economy > Share of world GDP 0.01%
Ranked 111th.
31.49%
Ranked 1st. 3149 times more than Nicaragua
Gross fixed capital formation > Current US$ > Per $ GDP 0.284$ per $1 of GDP
Ranked 24th. 52% more than United States
0.187$ per $1 of GDP
Ranked 112th.

Exports > Partners US 55.6%, Canada 8.6%, Venezuela 7.3%, El Salvador 4.2% Canada 18.9%, Mexico 14%, China 7.2%, Japan 4.5%
GDP > Official exchange rate $10.36 billion
Ranked 130th.
$16.02 trillion
Ranked 1st. 1546 times more than Nicaragua

GDP per capita > PPP > Constant 2000 international $ 3,268.5 PPP 2000 $
Ranked 101st.
37,267.33 PPP 2000 $
Ranked 2nd. 11 times more than Nicaragua

Investment > Gross fixed 34.1% of GDP
Ranked 10th. 3 times more than United States
12.9% of GDP
Ranked 139th.

Income receipts > BoP > Current US$ per capita 4.09 BoP $
Ranked 118th.
1,606.16 BoP $
Ranked 22nd. 393 times more than Nicaragua

Bank liquid > Reserves to bank assets ratio 21.45
Ranked 33th. 28 times more than United States
0.76
Ranked 160th.

Stock of narrow money None None
GDP > Composition, by sector of origin > Industry 25.9%
Ranked 113th. 35% more than United States
19.2%
Ranked 161st.
Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita $5,378.85
Ranked 36th.
$5,885.16
Ranked 34th. 9% more than Nicaragua

Debt > Net domestic credit > Current LCU 110.15 billion
Ranked 99th.
16.15 trillion
Ranked 16th. 147 times more than Nicaragua

Government spending 532.93 million
Ranked 84th.
1.74 trillion
Ranked 2nd. 3262 times more than Nicaragua

Foreign direct investment > Net inflows > BoP > Current US$ per capita 44.25 BoP $
Ranked 96th.
371.4 BoP $
Ranked 35th. 8 times more than Nicaragua

GDP > Current LCU 82161800000 12416510000000
High-technology > Exports > Current US$ > Per capita $922.05 per 1,000 people
Ranked 104th.
$760,722.33 per 1,000 people
Ranked 24th. 825 times more than Nicaragua

GDP > Composition, by sector of origin > Agriculture 17.3%
Ranked 56th. 16 times more than United States
1.1%
Ranked 194th.
Savings > Gross domestic savings > Current US$ per capita $134.24
Ranked 95th.
$8,113.69
Ranked 21st. 60 times more than Nicaragua

Net barter terms of trade 91.03%
Ranked 80th.
97.17%
Ranked 22nd. 7% more than Nicaragua

Tax > Tax payments > Number 42
Ranked 30th. 4 times more than United States
11
Ranked 139th.

Real interest rate 1.67%
Ranked 97th.
3.08%
Ranked 86th. 84% more than Nicaragua

Gross domestic savings -160,068,829.89
Ranked 123th.
1.61 trillion
Ranked 3rd.

Inflation 150.69
Ranked 22nd. 37% more than United States
109.85
Ranked 143th.

Outbound tourist spending 218 million
Ranked 110th.
117.97 billion
Ranked 2nd. 541 times more than Nicaragua

Income > GNI, PPP > Current international $ per capita $3,894.78
Ranked 115th.
$52,608.35
Ranked 5th. 14 times more than Nicaragua

Income > GNI per capita, PPP > Current international $ $3,890.00
Ranked 115th.
$52,610.00
Ranked 5th. 14 times more than Nicaragua

GDP > By type of expenditure > Household consumption expenditure per capita 1,375.18
Ranked 146th.
35,518
Ranked 8th. 26 times more than Nicaragua

Reserves of foreign exchange and gold $1.89 billion
Ranked 122nd.
$150.20 billion
Ranked 18th. 80 times more than Nicaragua

Big Mac Index > Per $ GDP $6.83 per $14.1 billion of GDP
Ranked 5th. 1709 times more than United States
$0.00 per $14.1 billion of GDP
Ranked 63th.
Size of economy > GDP > GDP growth 5.2%
Ranked 49th. 2 times more than United States
2.21%
Ranked 111th.

GDP > Constant 2000 US$ 4.58 billion constant 2000 US$
Ranked 113th.
11.05 trillion constant 2000 US$
Ranked 1st. 2413 times more than Nicaragua

International tourism > Expenditures > Current US$ per capita 29.51$
Ranked 87th.
337.12$
Ranked 32nd. 11 times more than Nicaragua

Purchasing power parity conversion factor > LCU per international $ 4.08 1
Micro > Small and medium enterprises > Number 158,859
Ranked 4th.
5.87 million
Ranked 1st. 37 times more than Nicaragua
GDP > Composition, by end use > Household consumption 86.3%
Ranked 27th. 26% more than United States
68.6%
Ranked 80th.
Current transfers > Receipts > BoP > Current US$ 750.4 million BoP $
Ranked 77th.
15.77 billion BoP $
Ranked 8th. 21 times more than Nicaragua

Innovation > Patent applications, residents per million 2.74
Ranked 74th.
795.12
Ranked 3rd. 290 times more than Nicaragua

Tax > Taxes on income, profits and capital gains > Current LCU 11.14 billion
Ranked 74th.
1.4 trillion
Ranked 15th. 125 times more than Nicaragua

Debt > Net current transfers from abroad > Current LCU 30.84 billion
Ranked 48th.
-144,700,000,000
Ranked 130th.

Saving rate 10.16
Ranked 92nd. 4% more than United States
9.77
Ranked 96th.

GDP > PPP > Constant 2000 international $ per capita 3,085.22 PPP 2000 $
Ranked 102nd.
37,380.07 PPP 2000 $
Ranked 2nd. 12 times more than Nicaragua

International tourism > Number of departures 740,000
Ranked 48th.
63.5 million
Ranked 3rd. 86 times more than Nicaragua

Consumption > Consumption by sector > Equals: Household final consumption expenditure 3.11 billion USD
Ranked 76th.
10.44 trillion USD
Ranked 2nd. 3354 times more than Nicaragua

Net income > BoP > Current US$ > Per capita -23,148.728 BoP $ per 1,000 people
Ranked 56th.
38,102.24 BoP $ per 1,000 people
Ranked 22nd.

GDP > CIA Factbook $11.60 billion
Ranked 124th.
$10.99 trillion
Ranked 1st. 947 times more than Nicaragua

Poverty and inequality > Poorest's share in national income or consumption 6.22%
Ranked 20th. 14% more than United States
5.44%
Ranked 30th.
Debt > Net foreign assets > Current LCU per capita 794.68
Ranked 142nd.
-399.736
Ranked 157th.

Tax > GDP > Current LCU 247.42 billion
Ranked 113th.
16.24 trillion
Ranked 28th. 66 times more than Nicaragua

GDP > PPP per capita $3,509.27
Ranked 107th.
$39,712.68
Ranked 2nd. 11 times more than Nicaragua
GNI 5.91 billion
Ranked 115th.
14.01 trillion
Ranked 2nd. 2373 times more than Nicaragua

GDP > PPP $18.90 billion
Ranked 100th.
$11.63 trillion
Ranked 1st. 615 times more than Nicaragua
Development > Human Development Index > Inequality adjusted 0.434
Ranked 86th.
0.821
Ranked 16th. 89% more than Nicaragua
Tax > GDP > Current US$ per capita $1,753.64
Ranked 130th.
$51,748.56
Ranked 10th. 30 times more than Nicaragua

Industrial production growth rate 6%
Ranked 42nd. 88% more than United States
3.2%
Ranked 79th.

Purchasing power parity > GDP per capita > PPP > Current international $ $2,641.28
Ranked 114th.
$45,989.18
Ranked 6th. 17 times more than Nicaragua

World trade > Exports 2.16 billion
Ranked 108th.
1.58 trillion
Ranked 2nd. 732 times more than Nicaragua

Tourist arrivals by region of origin > Europe 58,964
Ranked 125th.
10.7 million
Ranked 10th. 181 times more than Nicaragua

Bank capital to assets ratio 8.8%
Ranked 33th.
10.4%
Ranked 11th. 18% more than Nicaragua

Lending interest rate 12.1%
Ranked 62nd. 95% more than United States
6.19%
Ranked 118th.

Industrial > Production growth rate 1.5%
Ranked 127th.
3.3%
Ranked 92nd. 2 times more than Nicaragua

Tax > Taxes on income, profits and capital gains > Current LCU per capita 1,887.12
Ranked 65th.
4,477.99
Ranked 46th. 2 times more than Nicaragua

Spending > Household final consumption expenditure per capita > Constant 2000 US$ $912.35
Ranked 88th.
$30,898.88
Ranked 3rd. 34 times more than Nicaragua

Tax > GDP per capita > Constant LCU 24,442.23
Ranked 106th.
45,335.9
Ranked 81st. 85% more than Nicaragua

Income > GDP per capita, PPP > Current international $ $4,005.91
Ranked 122nd.
$51,748.56
Ranked 8th. 13 times more than Nicaragua

Technological achievement 0.19
Ranked 60th.
0.73
Ranked 2nd. 4 times more than Nicaragua
Currency > Real effective exchange rate index > 2005 = 100 103.42
Ranked 43th. 15% more than United States
89.58
Ranked 88th.

Net domestic credit > Current LCU 65632540000 11970270000000
International tourism > Receipts > Current US$ per capita 38.68$
Ranked 86th.
416.03$
Ranked 44th. 11 times more than Nicaragua

GDP > By type of expenditure > Household consumption expenditure 8.24 billion
Ranked 119th.
11.15 trillion
Ranked 1st. 1353 times more than Nicaragua

Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita 263.41
Ranked 150th.
7,520.82
Ranked 17th. 29 times more than Nicaragua

Household spending per capita 803.11
Ranked 73th.
26,782.83
Ranked 1st. 33 times more than Nicaragua

Commercial bank prime lending rate 11.99%
Ranked 69th. 4 times more than United States
3.25%
Ranked 170th.

Current account balance > BoP > Current US$ -799,800,000 BoP $
Ranked 100th.
-791,508,800,000 BoP $
Ranked 137th. 990 times more than Nicaragua

Trade > Imports $4.70 billion
Ranked 112th.
$1.90 trillion
Ranked 1st. 405 times more than Nicaragua

Currency > Real effective exchange rate index 87.69%
Ranked 78th.
92.75%
Ranked 64th. 6% more than Nicaragua

Currency > Official exchange rate > LCU per US$ > Period average 17.57 1
GDP > CIA Factbook per capita $2,181.32
Ranked 113th.
$37,882.45
Ranked 2nd. 17 times more than Nicaragua

Oil > Exports 742 bbl/day
Ranked 114th.
1.92 million bbl/day
Ranked 9th. 2588 times more than Nicaragua

GDP > Composition, by end use > Exports of goods and services 39.8%
Ranked 97th. 3 times more than United States
13.5%
Ranked 182nd.
Purchasing power parity > GNI per capita > PPP > Current international $ $2,540.00
Ranked 112th.
$45,640.00
Ranked 5th. 18 times more than Nicaragua

Income > Health expenditure per capita, PPP > Constant 2005 international $ $295.64
Ranked 117th.
$8,607.88
Ranked 1st. 29 times more than Nicaragua

Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita 556.05 USD
Ranked 77th.
33,496.5 USD
Ranked 5th. 60 times more than Nicaragua

Tax > GDP > Current LCU per capita 41,293.72
Ranked 104th.
51,748.56
Ranked 98th. 25% more than Nicaragua

Spending > Household final consumption expenditure > Current US$ per capita $383.53
Ranked 154th.
$35,518.00
Ranked 4th. 93 times more than Nicaragua

Debt > Strength of legal rights index > 0=weak to 10=strong per million 0.501
Ranked 105th. 17 times more than United States
0.0287
Ranked 182nd.

Oil > Production 377 bbl/day
Ranked 111th.
9.69 million bbl/day
Ranked 3rd. 25698 times more than Nicaragua

Economy growth -5.64
Ranked 143th. 2 times more than United States
-2.63
Ranked 111th.

Trade > Exports > Exports of goods and services 4.63 billion
Ranked 118th.
2.2 trillion
Ranked 1st. 475 times more than Nicaragua

Purchasing power parity > Gross domestic product per capita > PPP 2,398.45
Ranked 113th.
41,761.08
Ranked 6th. 17 times more than Nicaragua

Trade > Export value index 117.55%
Ranked 73th. 1% more than United States
116.02%
Ranked 25th.

Debt > Interest payments > Current LCU 2.26 billion
Ranked 71st.
324.26 billion
Ranked 15th. 143 times more than Nicaragua

Innovation 12.7
Ranked 63th.
30.3
Ranked 1st. 2 times more than Nicaragua
Electricity > Consumption per capita 466.83 kWh
Ranked 104th.
12,194.74 kWh
Ranked 2nd. 26 times more than Nicaragua

GDP > CIA Factbook > Per capita $2,276.07 per capita
Ranked 120th.
$37,791.00 per capita
Ranked 2nd. 17 times more than Nicaragua

Household spending 4.61 billion
Ranked 78th.
8.22 trillion
Ranked 1st. 1783 times more than Nicaragua

Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita $2,091.69
Ranked 86th.
$30,898.88
Ranked 1st. 15 times more than Nicaragua

GDP > Composition, by end use > Government consumption 10.3%
Ranked 162nd.
19.5%
Ranked 53th. 89% more than Nicaragua
GDP > Per $ GDP $2,995.85 per $1 of GDP
Ranked 77th.
$45,759.46 per $1 of GDP
Ranked 8th. 15 times more than Nicaragua

Spending > Household final consumption expenditure, etc. > Current US$ $8.78 billion
Ranked 94th.
$11.15 trillion
Ranked 1st. 1270 times more than Nicaragua

Entrepreneurship > Starting a Business > Index ranking 65
Ranked 90th. 22 times more than United States
3
Ranked 152nd.
GNI > Current US$ per capita 878.4$
Ranked 117th.
42,124.23$
Ranked 5th. 48 times more than Nicaragua

GDP > Constant 2000 US$ per capita 839.01 constant 2000 US$
Ranked 111th.
37,380.07 constant 2000 US$
Ranked 4th. 45 times more than Nicaragua

Gross domestic savings > Current US$ -12,572,620$
Ranked 123th.
1.62 trillion$
Ranked 1st.

Trade > Exports $3.18 billion
Ranked 114th.
$1.27 trillion
Ranked 3rd. 399 times more than Nicaragua

Purchasing power parity > GDP > PPP > Current international $ $15.17 billion
Ranked 116th.
$14.12 trillion
Ranked 2nd. 931 times more than Nicaragua

Gross national expenditure > Constant 2000 US$ per capita 1,036.54 constant 2000 US$
Ranked 72nd.
38,609.96 constant 2000 US$
Ranked 1st. 37 times more than Nicaragua

Entrepreneurship > Hiring and Firing > Index ranking 80
Ranked 74th. 13 times more than United States
6
Ranked 148th.
Income > GDP, PPP > Current international $ per capita $4,005.91
Ranked 122nd.
$51,748.56
Ranked 8th. 13 times more than Nicaragua

Total > Reserves in months of imports 2.54
Ranked 88th. 3 times more than United States
0.92
Ranked 120th.

Imports > Commodities consumer goods, machinery and equipment, raw materials, petroleum products 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 11.9
Ranked 119th.
173.43
Ranked 4th. 15 times more than Nicaragua

Inflation > Consumer price index > 2005 = 100 184.11
Ranked 36th. 57% more than United States
117.56
Ranked 152nd.

GDP > Constant LCU 31482500000 11046430000000
Gross domestic savings > Current US$ > Per $ GDP -2.56$ per $1,000 of GDP
Ranked 122nd.
138.73$ per $1,000 of GDP
Ranked 102nd.

Poverty and inequality > Inequality adjusted income index 0.317
Ranked 102nd.
0.681
Ranked 22nd. 2 times more than Nicaragua
Trade > Export growth 1.05
Ranked 26th.
8.37
Ranked 54th. 8 times more than Nicaragua

Welfare > Revenue, excluding grants > Current LCU 34.54 billion
Ranked 77th.
2.54 trillion
Ranked 19th. 74 times more than Nicaragua

Labor force per thousand people 0.000346
Ranked 183th.
0.000489
Ranked 115th. 42% more than Nicaragua

Trade > Imports > Imports of goods and services 6.49 billion
Ranked 120th.
2.74 trillion
Ranked 1st. 423 times more than Nicaragua

GDP > Median household income (PPP) $7,915.00
Ranked 76th.
$53,046.00
Ranked 7th. 7 times more than Nicaragua
Household final > Consumption expenditure per capita > Constant 2000 US$ 768.25 constant 2000 US$
Ranked 76th.
25,841.85 constant 2000 US$
Ranked 1st. 34 times more than Nicaragua

Public institution index 3.68
Ranked 79th.
5.74
Ranked 21st. 56% more than Nicaragua
GNI > Atlas method > Current US$ per capita 895.2$
Ranked 109th.
43,695.99$
Ranked 5th. 49 times more than Nicaragua

Income > GDP, PPP > Current international $ $24.00 billion
Ranked 116th.
$16.24 trillion
Ranked 2nd. 677 times more than Nicaragua

Income > Household final consumption expenditure, PPP > Constant 2005 international $ $12.35 billion
Ranked 82nd.
$9.70 trillion
Ranked 1st. 785 times more than Nicaragua

Income > GNI, PPP > Current international $ $23.34 billion
Ranked 107th.
$16.51 trillion
Ranked 2nd. 708 times more than Nicaragua

Currency > Monetary unit 1 gold cordoba = 100 centavos 1 US dollar = 100 cents
Budget > Expenditures > Per $ GDP $0.23 per $1 of GDP
Ranked 100th. 12% more than United States
$0.20 per $1 of GDP
Ranked 112th.

Taxes and other revenues 26.3% of GDP
Ranked 101st. 72% more than United States
15.3% of GDP
Ranked 2nd.

Balance of payments > Financial > Reserves -387,128,022.9
Ranked 88th.
-52,181,533,779.94
Ranked 142nd. 135 times more than Nicaragua

Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U $2.86 billion
Ranked 106th.
$1.57 trillion
Ranked 2nd. 550 times more than Nicaragua

Balance of payments > Current account > Balances > Current account balance > Current US$ $-841,100,000.00
Ranked 92nd.
$-378,434,537,000.00
Ranked 143th. 450 times more than Nicaragua

Oil > Proved reserves 0.0
Ranked 109th.
20.68 billion bbl
Ranked 13th.

Companies > Ease of doing business index > 1=most business-friendly regulations 124
Ranked 65th. 31 times more than United States
4
Ranked 185th.

Natural gas > Production 0.0
Ranked 95th.
611 billion cu m
Ranked 1st.

GDP deflator 260.98
Ranked 56th. 2 times more than United States
112.4
Ranked 146th.

New businesses registered > Number 2,070
Ranked 72nd.
676,830
Ranked 1st. 327 times more than Nicaragua

Oil > Consumption 30,000 bbl/day
Ranked 114th.
19.15 million bbl/day
Ranked 1st. 638 times more than Nicaragua

Tourism > International tourism, receipts > Current US$ $377.00 million
Ranked 118th.
$185.89 billion
Ranked 2nd. 493 times more than Nicaragua

Electricity > Consumption 2.65 billion kWh
Ranked 94th.
3.74 trillion kWh
Ranked 1st. 1414 times more than Nicaragua

Currency > GDP > Constant 2000 US$ per capita $1,349.89
Ranked 126th.
$45,335.90
Ranked 10th. 34 times more than Nicaragua

Tax > GDP > Current US$ $10.51 billion
Ranked 119th.
$16.24 trillion
Ranked 2nd. 1546 times more than Nicaragua

Net trade in goods and services > BoP > Current US$ -1,431,000,000 BoP $
Ranked 101st.
-716,730,000,000 BoP $
Ranked 137th. 501 times more than Nicaragua

Portfolio investment > Excluding LCFAR > BoP > Current US$ 7.7 million BoP $
Ranked 19th.
-1,088,672,000,000 BoP $
Ranked 120th.

Net capital account > BoP > Current US$ 470.4 million BoP $
Ranked 21st.
-4,351,000,000 BoP $
Ranked 114th.

Budget > Expenditures > Per capita $261.06 per capita
Ranked 69th.
$9,065.55 per capita
Ranked 26th. 35 times more than Nicaragua

Tourist arrivals by region of origin > Africa 621
Ranked 110th.
251,654
Ranked 16th. 405 times more than Nicaragua

Purchasing power parity > GNI > PPP > Current international $ $14.59 billion
Ranked 109th.
$14.01 trillion
Ranked 2nd. 960 times more than Nicaragua

Debt > External > Per $ GDP $729.72 per $1,000 of GDP
Ranked 34th.
$760.50 per $1,000 of GDP
Ranked 31st. 4% more than Nicaragua

Trade > Exports > By good > Passenger cars etc 297
Ranked 75th.
21.75 million
Ranked 7th. 73242 times more than Nicaragua
GNI > PPP > Current international $ 18.43 billion PPP $
Ranked 100th.
12.45 trillion PPP $
Ranked 1st. 675 times more than Nicaragua

High-technology > Exports > Current US$ $5.23 million
Ranked 104th.
$231.13 billion
Ranked 3rd. 44168 times more than Nicaragua

Oil > Exports per thousand people 0.129 bbl/day
Ranked 112th.
6.26 bbl/day
Ranked 55th. 48 times more than Nicaragua

Final > Consumption expenditure > Etc. > Current US$ 4.92 billion$
Ranked 103th.
10.06 trillion$
Ranked 1st. 2043 times more than Nicaragua

Gross National Income > Constant LCU 28693760000 10687260000000
GDP > Constant 2000 US$ > Per capita 888.86 constant 2000 US$ per c
Ranked 113th.
37,267.35 constant 2000 US$ per c
Ranked 4th. 42 times more than Nicaragua

National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $870.40
Ranked 113th.
$37,016.09
Ranked 6th. 43 times more than Nicaragua

Income > GDP per capita, PPP > Constant 2005 international $ $3,509.50
Ranked 122nd.
$45,335.90
Ranked 7th. 13 times more than Nicaragua

Scientific and technical journals > Articles published 10.6
Ranked 135th.
209,694.7
Ranked 2nd. 19783 times more than Nicaragua

Net income > BoP > Current US$ -119,200,000 BoP $
Ranked 60th.
11.29 billion BoP $
Ranked 5th.

Goods imports > BoP > Current US$ 2.87 billion BoP $
Ranked 96th.
1.68 trillion BoP $
Ranked 1st. 585 times more than Nicaragua

Foreign direct investment > Net > BoP > Current US$ > Per capita 46,880.06 BoP $ per 1,000 people
Ranked 72nd.
339,670.94 BoP $ per 1,000 people
Ranked 23th. 7 times more than Nicaragua

GDP per unit of energy use 5.21 PPP 2000 $/kg of oil eq.
Ranked 53th. 13% more than United States
4.6 PPP 2000 $/kg of oil eq.
Ranked 63th.

Oil > Consumption per thousand people 5.15 bbl/day
Ranked 145th.
61.91 bbl/day
Ranked 21st. 12 times more than Nicaragua

Budget > Revenues > Per $ GDP $0.19 per $1 of GDP
Ranked 110th. 2% more than United States
$0.18 per $1 of GDP
Ranked 115th.

Natural gas > Production per capita 0.0
Ranked 92nd.
1,975.26 cu m
Ranked 10th.

International tourism > Expenditures for travel items > Current US$ $142.00 million
Ranked 110th.
$85.37 billion
Ranked 3rd. 601 times more than Nicaragua

Researchers in RandD > Per million people 72.78 per million people
Ranked 44th.
4,605.01 per million people
Ranked 4th. 63 times more than Nicaragua

Government spending > Subsidies and other transfers > Current LCU 11.27 billion
Ranked 78th.
2.57 trillion
Ranked 14th. 228 times more than Nicaragua

Government spending > Subsidies and other transfers > Current LCU per capita 1,907.96
Ranked 80th.
8,247.11
Ranked 44th. 4 times more than Nicaragua

Tax > Taxes on international trade > Current LCU 1.52 billion
Ranked 60th.
31.87 billion
Ranked 32nd. 21 times more than Nicaragua

Currency > DEC alternative conversion factor > LCU per US$ 16.73 1
GDP > Composition, by end use > Investment in fixed capital 32.8%
Ranked 18th. 2 times more than United States
14.8%
Ranked 162nd.
Trade > Exports > Goods and services 40%
Ranked 75th. 4 times more than United States
11%
Ranked 149th.
Royalty and license fees > Payments > BoP > Current US$ 600,000 BoP $
Ranked 46th.
24.5 billion BoP $
Ranked 1st. 40835 times more than Nicaragua

Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.67 BoP $ per $1 of GDP
Ranked 33th. 4 times more than United States
0.16 BoP $ per $1 of GDP
Ranked 127th.

Foreign direct investment > Net > BoP > Current US$ 241.4 million BoP $
Ranked 73th.
100.68 billion BoP $
Ranked 1st. 417 times more than Nicaragua

Spending > Household final consumption expenditure > Constant 2000 US$ per capita $912.35
Ranked 88th.
$30,898.88
Ranked 3rd. 34 times more than Nicaragua

Reserves > Total reserves minus gold > Current US$ $1.89 billion
Ranked 114th.
$139.13 billion
Ranked 14th. 74 times more than Nicaragua

Savings > Gross domestic savings > Current US$ $804.31 million
Ranked 100th.
$2.55 trillion
Ranked 3rd. 3167 times more than Nicaragua

Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 363.21
Ranked 33th. 3 times more than United States
124.24
Ranked 136th.

World Bank exchange rate 20.34
Ranked 74th. 20 times more than United States
1
Ranked 143th.

Balance of payments > Current account > Balances > Net trade in goods > US$ $-1,540,400,000.00
Ranked 88th.
$-503,578,047,000.00
Ranked 142nd. 327 times more than Nicaragua

Trade > Exports > Goods 3.93 billion
Ranked 98th.
1.58 trillion
Ranked 2nd. 401 times more than Nicaragua

Electricity > Production 3.42 billion kWh
Ranked 68th.
3.95 trillion kWh
Ranked 1st. 1156 times more than Nicaragua

Electricity > Imports per capita 0.348 kWh
Ranked 63th.
111.87 kWh
Ranked 38th. 321 times more than Nicaragua

Stock of money $465.10 million
Ranked 130th.
$1.37 trillion
Ranked 3rd. 2954 times more than Nicaragua
GDP growth > Duration 1980-2000 -31%
Ranked 103th.
56%
Ranked 25th.
Gross national expenditure > Current US$ > Per $ GDP 1.3$ per $1 of GDP
Ranked 11th. 23% more than United States
1.05$ per $1 of GDP
Ranked 76th.

Household final > Consumption expenditure > Constant 2000 US$ per capita 725.17 constant 2000 US$
Ranked 76th.
25,916.88 constant 2000 US$
Ranked 1st. 36 times more than Nicaragua

Gross fixed capital formation > Current US$ per capita 255.64$
Ranked 91st.
7,474.93$
Ranked 11th. 29 times more than Nicaragua

Patent applications > Residents 14
Ranked 73th.
231,588
Ranked 2nd. 16542 times more than Nicaragua

GNI > Atlas method > Current US$ > Per capita 948.38$ per capita
Ranked 111th.
43,564.23$ per capita
Ranked 5th. 46 times more than Nicaragua

Income > GNI per capita, PPP > Constant 2005 international $ $3,390.76
Ranked 79th.
$46,084.41
Ranked 3rd. 14 times more than Nicaragua

Income > GNI, PPP > Constant 2005 international $ $20.32 billion
Ranked 85th.
$14.47 trillion
Ranked 1st. 712 times more than Nicaragua

Income > GDP, PPP > Constant 2005 international $ per capita $3,509.50
Ranked 122nd.
$45,335.90
Ranked 7th. 13 times more than Nicaragua

International tourism > Receipts > Current US$ 211 million$
Ranked 95th.
122.94 billion$
Ranked 1st. 583 times more than Nicaragua

Terms of trade 64
Ranked 73th.
116
Ranked 15th. 81% more than Nicaragua
Oil > Production per thousand people 0.0648 bbl/day
Ranked 108th.
31.32 bbl/day
Ranked 28th. 484 times more than Nicaragua

Gross savings > Current US$ per capita 113.4$
Ranked 92nd.
5,176.48$
Ranked 19th. 46 times more than Nicaragua

Innovation > Patent applications, residents 14
Ranked 81st.
247,750
Ranked 3rd. 17696 times more than Nicaragua

Innovation > Patent applications, nonresidents per million 25.29
Ranked 61st.
821.06
Ranked 7th. 32 times more than Nicaragua

Trade > Exports > Export growth in USD 216.71
Ranked 75th. 60% more than United States
135.15
Ranked 119th.

Innovation > Scientific and technical journal articles 11.9
Ranked 135th.
208,600.8
Ranked 2nd. 17529 times more than Nicaragua

GDP > PPP > Current international $ per capita 3,467.87 PPP $
Ranked 102nd.
42,016.29 PPP $
Ranked 2nd. 12 times more than Nicaragua

Welfare > Revenue, excluding grants > Current LCU per capita 5,849.91
Ranked 81st.
8,158.36
Ranked 69th. 39% more than Nicaragua

Micro > Small and medium enterprises > Number per 1000 31.64
Ranked 2nd. 58% more than United States
20.04
Ranked 19th.
Transnational corporations > Affiliates 21
Ranked 112th.
19,103
Ranked 7th. 910 times more than Nicaragua
Tax > Social security contributions 16.12%
Ranked 40th.
41.64%
Ranked 1st. 3 times more than Nicaragua

Tax > Customs and other import duties > Current LCU 739 million
Ranked 43th.
29.22 billion
Ranked 22nd. 40 times more than Nicaragua

Tax > Taxes on income > Profits and capital gains > Current LCU 1.3 billion
Ranked 65th.
1.09 trillion
Ranked 1st. 835 times more than Nicaragua

Imports > Partners US 19%, Venezuela 14.8%, Mexico 12.2%, Costa Rica 8.5%, Guatemala 8%, China 7.9%, El Salvador 4.7% China 19%, Canada 14.1%, Mexico 12%, Japan 6.4%, Germany 4.7%
Oil > Imports per thousand people 5.27 bbl/day
Ranked 102nd.
33.48 bbl/day
Ranked 37th. 6 times more than Nicaragua

Oil > Imports 30,290 bbl/day
Ranked 94th.
10.27 million bbl/day
Ranked 1st. 339 times more than Nicaragua

Electricity > Production per capita 603.21 kWh
Ranked 76th.
12,885.81 kWh
Ranked 6th. 21 times more than Nicaragua

GDP growth > Duration 1975-2000 -3.5%
Ranked 140th.
2%
Ranked 44th.
Trade > Imports > By good > Passenger cars etc 43,418
Ranked 82nd.
116.2 million
Ranked 1st. 2676 times more than Nicaragua
Merchandise > Exports > Current US$ 858 million$
Ranked 137th.
904.38 billion$
Ranked 2nd. 1054 times more than Nicaragua

Household final > Consumption expenditure > Current US$ 4.38 billion$
Ranked 101st.
8.21 trillion$
Ranked 1st. 1877 times more than Nicaragua

Services > Etc. > Value added > Constant 2000 US$ 2.28 billion constant 2000 US$
Ranked 96th.
7.6 trillion constant 2000 US$
Ranked 1st. 3331 times more than Nicaragua

Trade > Exports > Goods and services > Constant 2000 US$ 1.3 billion constant 2000 US$
Ranked 104th.
1.12 trillion constant 2000 US$
Ranked 1st. 860 times more than Nicaragua

Gross fixed capital formation > Current US$ 1.39 billion$
Ranked 103th.
2.19 trillion$
Ranked 1st. 1569 times more than Nicaragua

Gross national expenditure > Constant 2000 US$ 5.65 billion constant 2000 US$
Ranked 84th.
11.31 trillion constant 2000 US$
Ranked 1st. 1999 times more than Nicaragua

Household final > Consumption expenditure > Etc. > Constant 2000 US$ per capita 725.17 constant 2000 US$
Ranked 69th.
25,948.98 constant 2000 US$
Ranked 1st. 36 times more than Nicaragua

Household final > Consumption expenditure > Current US$ > Per capita 850.1$ per capita
Ranked 86th.
27,972.58$ per capita
Ranked 3rd. 33 times more than Nicaragua

Tax > Time to prepare and pay taxes > Hours 240
Ranked 80th. 28% more than United States
187
Ranked 112th.

Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU 45.99 billion
Ranked 98th.
12.42 trillion
Ranked 15th. 270 times more than Nicaragua

Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ $32.36 million
Ranked 54th.
$162.52 billion
Ranked 1st. 5022 times more than Nicaragua

Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo $3.63 billion
Ranked 105th.
$2.16 trillion
Ranked 2nd. 595 times more than Nicaragua

Commercial service imports > Current US$ 402.3 million$
Ranked 114th.
281.17 billion$
Ranked 1st. 699 times more than Nicaragua

Trade > Imports of goods > Services and income > BoP > Current US$ per capita 629.32 BoP $
Ranked 106th.
8,308.6 BoP $
Ranked 37th. 13 times more than Nicaragua

Commercial service imports > Current US$ > Per capita 78.13$ per capita
Ranked 110th.
948.58$ per capita
Ranked 47th. 12 times more than Nicaragua

Royalty and license fees > Payments > BoP > Current US$ per capita 0.17 BoP $
Ranked 46th.
82.91 BoP $
Ranked 17th. 488 times more than Nicaragua

Net income > BoP > Current US$ per million -21,850,635.144 BoP $
Ranked 54th.
38.22 million BoP $
Ranked 22nd.

Foreign direct investment > Net > BoP > Current US$ > Per $ GDP 49.15 BoP $ per $1,000 of GDP
Ranked 34th. 6 times more than United States
8.11 BoP $ per $1,000 of GDP
Ranked 88th.

Natural gas > Proved reserves per capita 0.0
Ranked 110th.
22,397.07 cu m
Ranked 30th.

Natural gas > Proved reserves 0.0
Ranked 110th.
6.93 trillion cu m
Ranked 6th.

Natural gas > Consumption 0.0
Ranked 110th.
683.3 billion cu m
Ranked 1st.

External debt > Date of information 2006 est. 30 June 2006 est.
Micro > Small and medium enterprises > Per 1,000 people 32.84 per 1,000 people
Ranked 2nd. 64% more than United States
19.99 per 1,000 people
Ranked 19th.
Tourism > International tourism, receipts for travel items > Current US$ per capita $63.84
Ranked 107th.
$479.02
Ranked 62nd. 8 times more than Nicaragua

Tourism > International tourism, number of departures 912,000
Ranked 61st.
58.5 million
Ranked 4th. 64 times more than Nicaragua

Tourism > International tourism, expenditures > Current US$ $380.00 million
Ranked 103th.
$117.29 billion
Ranked 2nd. 309 times more than Nicaragua

Companies > Ease of doing business index > 1=most business-friendly regulations per million 20.53
Ranked 67th. 1611 times more than United States
0.0127
Ranked 188th.
International tourism > Receipts for travel items > Current US$ $276.00 million
Ranked 109th.
$134.91 billion
Ranked 2nd. 489 times more than Nicaragua

Tourism receipts > International > Per $ GDP $42.96 per $1,000 of GDP
Ranked 66th. 4 times more than United States
$9.90 per $1,000 of GDP
Ranked 131st.

Trade > Tariffs > Binding coverage > All products 100%
Ranked 16th. The same as United States
99.96%
Ranked 12th.

GDP > PPP > Constant 2000 international $ > Per capita 3,268.5 PPP 2000 $ per capita
Ranked 101st.
37,267.35 PPP 2000 $ per capita
Ranked 2nd. 11 times more than Nicaragua

GDP > PPP > Current international $ > Per capita 3,673.89 PPP $ per capita
Ranked 101st.
41,889.59 PPP $ per capita
Ranked 2nd. 11 times more than Nicaragua

International tourism > Expenditures > Current US$ 161 million$
Ranked 89th.
99.62 billion$
Ranked 1st. 619 times more than Nicaragua

Tax > Tax payments > Number per million 7.01
Ranked 65th. 200 times more than United States
0.035
Ranked 185th.

Trade > Exports > Per $ GDP $0.37 per $1 of GDP
Ranked 63th. 5 times more than United States
$0.08 per $1 of GDP
Ranked 152nd.

Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ $10.01
Ranked 68th. 10 times more than United States
$1.00
Ranked 124th.

Purchasing power parity > GDP > PPP > Constant 2005 international $ $13.77 billion
Ranked 115th.
$12.82 trillion
Ranked 2nd. 931 times more than Nicaragua

Trade > Exports > Export growth 196.44
Ranked 30th. 71% more than United States
115.12
Ranked 92nd.

Tourism expenditures > International $158.00 million
Ranked 93th.
$93.22 billion
Ranked 1st. 590 times more than Nicaragua

Trade > Exports > By good > Perfume toilet cosmetics 267
Ranked 85th.
3.41 million
Ranked 3rd. 12759 times more than Nicaragua

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbooks 2010, 2011, 2012, 2013; Wikipedia: List of countries by public debt (List) (Public debt , The World Factbook , United States Central Intelligence Agency , accessed on March 21, 2013.); World Bank national accounts data, and OECD National Accounts data files.; CIA World Factbook 2010, 2011, 2012, 2013; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data, and OECD National Accounts data files. 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