Economy Stats: compare key data on Norway & United Kingdom

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Budget > Revenues: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
Budget surplus > + or deficit > -: This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits.
Debt > Government debt > Public debt, share of GDP: Public debt as % of GDP (CIA).
No date was available from the Wikipedia article, so we used the date of retrieval.
Overview: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
Exports: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
GDP: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
GDP > Composition, by sector of origin > Services: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
GDP > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
GDP > Purchasing power parity per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Figures expressed per capita for the same year.
GDP per capita: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
Gross National Income: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop).
Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
Public debt: This entry records the cumulatiive total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
Exports per capita: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
Distribution of family income > Gini index: This index measures the degree of inequality in the distribution of family income in a country. The index is calculated from the Lorenz curve, in which cumulative family income is plotted against the number of families arranged from the poorest to the ric
Human Development Index: The human development index values in this table were calculated using a consistent methodology and consistent data series. They are not strictly comparable with those in earlier Human Development Reports.
Tourist arrivals > Per capita: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival." Per capita figures expressed per 1,000 population.
GDP > Purchasing power parity: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.
Currency > PPP conversion factor to official exchange rate ratio: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar). The ratio of the PPP conversion factor to the official exchange rate (also referred to as the national price level) makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.
Fiscal year: The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
GDP > Composition by sector > Industry: The gross domestic product (GDP) or value of all final goods produced by the industrial sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
Currency > Official exchange rate > LCU per US$, period average: Official exchange rate (LCU per US$, period average). Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
Inequality > GINI index: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality."
Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
Gross National Income per capita: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop). Figures expressed per capita for the same year.
Tax > Highest marginal tax rate > Individual rate: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals.
Technology index: The technology index denotes the country's technological readiness. This index is created with such indicators as companies spending on R&D, the creativity of its scientific community, personal computer and internet penetration rates.
Development > Human Development Index: Human Development Index trends, 1980-2012.
Big Mac Index: Price of a McDonald's Big Mac in US Dollars at current exchange rates. January 12th, 2006.
GDP > Per capita > PPP per thousand people: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Figures expressed per thousand people for the same year.
Exports > Commodities: This entry provides a listing of the highest-valued exported products; it sometimes includes the percent of total dollar value.
Poverty and inequality > Richest quintile to poorest quintile ratio: The ratio of average income of the richest 20% of the population to the average income of the poorest 20% of the population.
Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Budget > Expenditures: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
GINI index: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.
Reserves of foreign exchange and gold per capita: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund. Figures expressed per capita for the same year.
Debt > Net foreign assets > Current LCU: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency.
Tourist arrivals: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival."
Budget > Revenues > Per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
Inbound tourism income > Current US$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars."
Tax > Tax rates: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
GDP per person: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
Exports > Main exports: Country main exports.
Budget > Revenues per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
Gross National Income > Per $ GDP: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop Per $ GDP figures expressed per $100 of Gross Domestic Product.
Debt > External: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services.
Gross domestic savings > Current US$ per capita: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
Debt > External > Per capita: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per capita figures expressed per 1 population.
GDP > Composition by sector > Services: The gross domestic product (GDP) or value of all final services produced within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
Tax > GDP > Constant LCU: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
Tourism > International tourism, number of arrivals per capita: International tourism, number of arrivals. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival. Figures expressed per capita for the same year.
International tourism > Receipts > Current US$ > Per $ GDP: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
Consumer spending: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources."
Consumer price index: Consumer price index reflects changes in the cost to the average consumer of acquiring a fixed basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
2000 = 100
GDP > Composition by sector > Agriculture: The gross domestic product (GDP) or value of all final goods produced by the agricultural sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
GDP per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
Industries: A rank ordering of industries starting with the largest by value of annual output.
GDP > Composition, by end use > Imports of goods and services: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
imports of goods and ...
Full definition
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.
Trade > With US > US imports of bauxite and aluminum: US imports of bauxite and aluminum, USD Thousands, 2004
GDP > Real growth rate: GDP growth on an annual basis adjusted for inflation and expressed as a percent.
Debt > Government debt > Gross government debt, share of GDP: Gross government debt as % of GDP (IMF).
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Debt > Central government debt, total > Current LCU: Central government debt, total (current LCU). Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
International tourism > Number of arrivals: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited.
Economic growth > Per capita: Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
Foreign direct investment > Net > BoP > Current US$ per capita: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Figures expressed per capita for the same year.
GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
GDP in 1970: Gross domestic product GDP by exchange rate billion US dollar in 1970.
Micro > Small and medium enterprises > Number > Per capita: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Per capita figures expressed per 1,000 population.
Economic freedom: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
GDP > Official exchange rate per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed. Figures expressed per capita for the same year.
Stock of direct foreign investment > At home: This entry gives the cumulative US dollar value of all investments in the home country made directly by residents - primarily companies - of other countries as of the end of the time period indicated. Direct investment excludes investment through purchase of shares.
Current account balance: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Trade > Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
Currency: The national medium of exchange and its basic sub-unit.
Current account balance > BoP > Current US$ per capita: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
GNI per capita: Country GNI per capita.
GDP > Purchasing power parity > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
Companies > Listed domestic companies, total: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles.
Trade > Exports per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Figures expressed per capita for the same year.
Business > Companies > Corporate governance (overall rating): Overall rating of each country's adherence to the corporate governance guidelines set forth in three prominent economical essays. The ratings are out of 10, with 10 meaning full adherence.
Current account balance per capita: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
Tourism > International tourism, number of arrivals: International tourism, number of arrivals. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival.
Gross national saving: Gross national saving is derived by deducting final consumption expenditure (household plus government) from Gross national disposable income, and consists of personal saving, plus business saving (the sum of the capital consumption allowance and retained business profits), plus government saving (the excess of tax revenues over expenditures), but excludes foreign saving (the excess of imports of goods and services over exports). The figures are presented as a percent of GDP. A negative number indicates that the economy as a whole is spending more income than it produces, thus drawing down national wealth (dissaving).
Tax > GDP > Constant LCU per capita: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency. Figures expressed per capita for the same year.
Retail > Gross value added by wholesale, retail trade, restaurants and hotels: Gross Value Added by Kind of Economic Activity at current prices - US dollars.
Companies > Market capitalization of listed companies > Current US$ per capita: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Market capitalization of listed companies > Current US$ per capita: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Household final > Consumption expenditure > Current US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Budget > Expenditures per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
Reserves > Total reserves > Includes gold, current US$: Total reserves (includes gold, current US$). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.
Exchange rates: The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.
Debt > External per capita: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Figures expressed per capita for the same year.
Gross fixed capital formation > Current US$ > Per $ GDP: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
Exports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
GDP > Official exchange rate: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed.
GDP per capita > PPP > Constant 2000 international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars.
Investment > Gross fixed: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.
Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.
Income receipts > BoP > Current US$ per capita: Income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Tax > Highest marginal tax rate > Corporate rate: Highest marginal tax rate (corporate rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of corporations.
GDP > Composition, by sector of origin > Industry: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
Debt > Net domestic credit > Current LCU: Net domestic credit (current LCU). Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy (IFS line 32). Data are in current local currency.
Government spending: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2000 U.S. dollars."
Net current transfers from abroad > Constant LCU: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.
Foreign direct investment > Net inflows > BoP > Current US$ per capita: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows in the reporting economy. Data are in current U.S. dollars. Figures expressed per capita for the same year.
GDP > Current LCU: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
High-technology > Exports > Current US$ > Per capita: High-technology exports are products with high research and development intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars." Per capita figures expressed per 1,000 population.
GDP > Composition, by sector of origin > Agriculture: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
Savings > Gross domestic savings > Current US$ per capita: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
Net barter terms of trade: Net barter terms of trade are the ratio of the export price index to the corresponding import price index measured relative to the base year 2000.
2000 = 100
Tax > Tax payments > Number: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.
Tax > Components of taxation > Personal income tax: Personal Income tax as a percentage of total tax collected by the country. Data is for 2002.
Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 million $ gross domestic product.
Gross domestic savings: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
Inflation: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used."
Investment > External financial assets per capita: Financial assets in 2013 EUR billions. Figures expressed per capita for the same year.
Outbound tourist spending: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars."
Income > GNI, PPP > Current international $ per capita: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. Figures expressed per capita for the same year.
Income > GNI per capita, PPP > Current international $: GNI per capita, PPP (current international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
Inequality > Gini coefficient > Level: Income is defined as household disposable income in a particular year. It consists of earnings, self-employment and capital income and public cash transfers; income taxes and social security contributions paid by households are deducted. The income of the household is attributed to each of its members, with an adjustment to reflect differences in needs for households of different sizes (i.e. the needs of a household composed of four people are assumed to be twice as large as those of a person living alone).
Income inequality among individuals is measured here by five indicators. The Gini Coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive, and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality. The mean log deviation is the average value of the logarithm of the ratio of mean income to the income of each decile. The squared coefficient of variation is the variance of average income of each decile, divided by the square of the average income of the entire population. The P90/P10 ratio is the ratio of the upper bound value of the ninth decile (i.e. the 10% of people with highest income) to that of the first. The P50/P10 ratio is the ratio of median income to the upper bound value of the first decile. The mean log deviation and inter-decile ratios have a lower value of 1 and no upper bound, while the squared coefficient of variation has a lower bound of 0 and upper bound of infinity.
Poverty > Poverty by individual and household characteristics > Poverty rate > Children: Group-specific poverty rates are headcounts of how many people of a population group fall below the poverty line, in percentage of the total number in that population group. The poverty line used here is 50% of the median household disposable income, adjusted for household size. Children are persons with less than 18 years of age, working-age people are persons between age 18 and 65 and adults are persons aged 18 and over. A worker is an adult with a non-zero annual earning or self-employment income. In addition to poverty rates, indicators show here include the poverty risk (i.e. the age-specific poverty rate divided by the poverty rate for the entire population, times 100) and the share of various population groups that are counted as poor.
Income is defined as household disposable income in a particular year. It consists of earnings, self-employment and capital income and public cash transfers; income taxes and social security contributions paid by households are deducted. The income of the household is attributed to each of its members, with an adjustment to reflect differences in needs for households of different sizes (i.e. the needs of a household composed of four people are assumed to be twice as large as those of a person living alone).
Tax > Total tax wedge > Single worker: The percentage of gross earnings given up in tax, including any social security contributions. Calculated for a single worker without children, earning 100 % of the average wage. Data for 2001, and only for selected OECD countries.
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$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Tax > Highest marginal tax rate > Individual > On income exceeding > US$: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals. This series presents the income levels for individuals above which the highest marginal tax rates levied at the national level apply.
International tourism > Expenditures > Current US$ per capita: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Purchasing power parity conversion factor > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States.
Micro > Small and medium enterprises > Number: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees.
GDP > Composition, by end use > Household consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
imports of goods and ...
Full definition.
Poverty and inequality > Income inequality 1993-2011: Income inequality 1993-2011 (latest available).
Current transfers > Receipts > BoP > Current US$: Current transfers (receipts) are recorded in the balance of payments whenever an economy receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
Innovation > Patent applications, residents per million: Patent applications, residents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years. Figures expressed per million population for the same year.
Tax > Taxes on income, profits and capital gains > Current LCU: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
Debt > Net current transfers from abroad > Current LCU: Net current transfers from abroad (current LCU). Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.
Debt > Government debt > Net government debt, share of GDP: Net government debt as % of GDP (IMF).
Saving rate: ""Saving rate"" or gross savings are calculated as gross national income less total consumption, plus net transfers."
GDP > PPP > Constant 2000 international $ per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 international dollars. Figures expressed per capita for the same year.
International tourism > Number of departures: International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited.
Economic aid > Donor: The net official development assistance (ODA) from Organization for Economic Cooperation and Development (OECD) nations to developing countries and multilateral organizations. ODA is defined as financial assistance that is concessional in character, has the main objective to promote economic development and welfare of the less developed countries (LDCs), and contains a grant element of at least 25%. The entry does not cover other official flows (OOF) or private flows.
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.
Debt > Central government debt, total > Current LCU per capita: Central government debt, total (current LCU). Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Figures expressed per capita for the same year.
Net income > BoP > Current US$ > Per capita: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
Poverty and inequality > Poorest's share in national income or consumption: Percentage of country's total income or consumption that belongs to the poorest 5% of its citizens.
Investment > External financial assets: Gross financial assets privately owned by residents of the country, mainly in the form of bank deposits, insurances and securities, in EUR.
Debt > Net foreign assets > Current LCU per capita: Net foreign assets (current LCU). Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency. Figures expressed per capita for the same year.
Tax > GDP > Current LCU: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
Taxes > Total tax revenue > Total tax revenue: Taxes are defined as compulsory, unrequited payments to general government. They are unrequited in the sense that benefits provided by government to taxpayers are not normally in proportion to their payments.
Taxes on incomes and profits cover taxes levied on the net income or profits (gross income minus allowable tax reliefs) of individuals and enterprises. They also cover taxes levied on the capital gains of individuals and enterprises, and gains from gambling.
Taxes on goods and services cover all taxes levied on the production, extraction, sale, transfer, leasing or delivery of goods, and the rendering of services, or on the use of goods or permission to use goods or to perform activities. They consist mainly of value added and sales taxes.
Note that the sum of taxes on goods and services and taxes on income and profits is less than the figure for total tax revenues, which also includes payments by employers and employees made under compulsory social security schemes as well as payroll taxes, taxes related to the ownership and transfer of property, and other taxes.
GDP > PPP per capita: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004. Figures expressed per capita for the same year.
GDP in 1970 per million: Gross domestic product GDP by exchange rate billion US dollar in 1970. Figures expressed per million population 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.
Development > Human Development Index > Inequality adjusted: Inequality-adjusted Human Development Index.
GDP > PPP: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.
Market capitalization of listed companies > Current US$: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars.
Companies > Listed domestic companies, total per million: Listed domestic companies, total. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles. Figures expressed per million population for the same year.
Tax > GDP > Current US$ per capita: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
Trade > Exports to US: in US dollars. Jan 2003 - March 2003
Industrial production growth rate: This entry gives the annual percentage increase in industrial production (includes manufacturing, mining, and construction).
Purchasing power parity > GDP per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
World trade > Exports: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars."
Labor force > By occupation > Agriculture: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
Additional details:
- Gibraltar: negligible (2013)
Bank capital to assets ratio: Bank capital to assets is the ratio of bank capital and reserves to total assets. Capital and reserves include funds contributed by owners, retained earnings, general and special reserves, provisions, and valuation adjustments. Capital includes tier 1 capital (paid-up shares and common stock), which is a common feature in all countries' banking systems, and total regulatory capital, which includes several specified types of subordinated debt instruments that need not be repaid if the funds are required to maintain minimum capital levels (these comprise tier 2 and tier 3 capital). Total assets include all nonfinancial and financial assets.
Labor force > By occupation > Services: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
Companies > Stock market > Stocks traded, total value > Current US$ per capita: Stocks traded, total value (current US$). Stocks traded refers to the total value of shares traded during the period. Figures expressed per capita for the same year.
Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
Industrial > Production growth rate: The annual percentage increase in industrial production (includes manufacturing, mining, and construction).
Tax > Taxes on income, profits and capital gains > Current LCU per capita: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Figures expressed per capita for the same year.
Spending > Household final consumption expenditure per capita > Constant 2000 US$: 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 $). GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
Debt > Interest rates > Central bank discount rate: Compares the annualized interest rate set by centrals banks over loans requested by commercial banks to meet temporary shortages of funds. Through these loans, central banks can influence the commercial banks' interest rates as a tool of monetary policy. Usually their interest rates are lower than the ones offered by commercial banks, which lend it at a higher rate to make their profit.
Technological achievement: Technology Achievement Index
Units: Score
Business > Companies > Specific companies > IKEA > Debut: The year in which the first IKEA opened in each country. The first IKEA opened in Sweden in 1958.
Currency > Real effective exchange rate index > 2005 = 100: Real effective exchange rate index (2005 = 100). Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
Net domestic credit > Current LCU: Net domestic credit is the sum of net credit to the nonfinancial public sector, credit to the private sector, and other accounts. Data are in current local currency.
International tourism > Receipts > Current US$ per capita: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita: Gross Value Added by Kind of Economic Activity at current prices - US dollars. Figures expressed per capita for the same year.
GDP > By type of expenditure > Household consumption expenditure: GDP by Type of Expenditure at current prices - US dollars.
Household spending per capita: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
Companies > Market capitalization of listed companies > Current US$: Market capitalization of listed companies (current US$). Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars.
Current account balance > BoP > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars.
Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Currency > Real effective exchange rate index: Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
2000 = 100
Currency > Official exchange rate > LCU per US$ > Period average: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
Oil > Exports: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
Additional details:
- Bahamas, The: transshipments of 41,570 bbl/day (2007)
- Bahamas, The: transshipments of 41,610 bbl/day (2009)
GDP > CIA Factbook per capita: . Figures expressed per capita for the same year.
GDP > Composition, by end use > Exports of goods and services: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
imports of goods and ...
Full definition .
Purchasing power parity > GNI per capita > PPP > Current international $: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
Income > Health expenditure per capita, PPP > Constant 2005 international $: Health expenditure per capita, PPP (constant 2005 international $). Total health expenditure is the sum of public and private health expenditures as a ratio of total population. It covers the provision of health services (preventive and curative), family planning activities, nutrition activities, and emergency aid designated for health but does not include provision of water and sanitation. Data are in international dollars converted using 2005 purchasing power parity (PPP) rates.
Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita: Total amount of money spent by nation's consumers, or households. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. Also included are taxes and money spent by citizens while abroad. . Figures expressed per capita for the same year.
Spending > Household final consumption expenditure > Current US$ per capita: Household final consumption expenditure (current US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Tax > GDP > Current LCU per capita: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency. Figures expressed per capita for the same year.
Debt > Strength of legal rights index > 0=weak to 10=strong per million: Strength of legal rights index (0=weak to 10=strong). Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 10, with higher scores indicating that these laws are better designed to expand access to credit. Figures expressed per million population for the same year.
Oil > Production: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Economy growth: Measures growth in the economy or ""economy growth"". Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources."
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
Poverty > Population under $11 a day: Population below line - proportion receiving less than $11 per day in income (purchasing power parity). Data from most recent available between the period 1983 to 2000.
Debt > Interest payments > Current LCU: Interest payments (current LCU). Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.
Innovation: Innovation
Units: Unitless Scale
Electricity > Consumption per capita: This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. Figures expressed per capita for the same year.
Market capitalization of listed companies > Current US$ > Per $ GDP: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
GDP > CIA Factbook > Per capita: Per capita figures expressed per 1 population.
Household spending: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars."
Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita: Household final consumption expenditure, PPP (constant 2005 international $). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates. Figures expressed per capita for the same year.
GDP > Composition, by end use > Government consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
imports of goods and ...
Full definition
GDP > Per $ GDP: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per $ GDP figures expressed per 1 $ gross domestic product.
Spending > Household final consumption expenditure, etc. > Current US$: Household final consumption expenditure, etc. (current US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
Entrepreneurship > Starting a Business > Index ranking: Doing Business records all generic procedures that are officially required for an entrepreneur to start up and operate an industrial or commercial business. These include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions with relevant authorities. After a study of laws, regulations and publicly available information on business entry, a detailed list of procedures, time, cost and paid-in minimum capital requirements is developed. Subsequently, local incorporation lawyers and government officials complete and verify the data on applicable procedures, the time and cost of complying with each procedure under normal circumstances and the paid-in minimum capital. On average 4 law firms participate in each country. Information is also collected on the sequence in which procedures are to be completed and whether procedures may be carried out simultaneously. It is assumed that any required information is readily available and that all government and nongovernment agencies involved in the start-up process function efficiently and without corruption. If answers by local experts differ, inquiries continue until the data are reconciled. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
Gross domestic savings > Current US$: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
GDP > Constant 2000 US$ 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.
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.
Gross Domestic Product > GDP > Size of GDP > GDP per capita: What does gross domestic product mean? "Gross" signifies that no deduction has been made for the depreciation of machinery, buildings and other capital products used in production. "Domestic" means that it is production by the resident institutional units of the country. As many products are used to produce other products it is necessary to define production in terms of value added.
GDP can be measured in three different ways: as output less intermediate consumption (i.e. value added) plus taxes less subsidies on products (such as VAT); as the income earned from production by summing employee compensation, the gross operating surplus of enterprises and government, the gross mixed income of unincorporated enterprises and net taxes on production and imports (VAT, payroll tax, import duties, etc, less subsidies); or as the expenditure on the goods and services produced by summing final consumption expenditures, gross fixed capital formation, changes in inventories and exports less imports.
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 $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
Public expenditure > Social expenditure > Public social expenditure: Public social expenditure comprises cash benefits, direct "in-kind” provision of goods and services, and tax breaks with social purposes. To be considered "social”, benefits have to address one or more social goals. Benefits may be targeted at low-income households, but they may also be for the elderly, disabled, sick, unemployed, or young persons. Programmes regulating the provision of social benefits have to involve: a) redistribution of resources across households, or b) compulsory participation. Social benefits are regarded as public when general government (that is central, state, and local governments, including social security funds) controls relevant financial flows. The expenditures shown here refer only to public social benefits and exclude similar benefits provided by private charities.
Gross national expenditure > Constant 2000 US$ 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.
Government > Revenue > Tax > Overall tax burden: Burden.
No date was available from the Wikipedia article, so we used the date of retrieval.
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.
Welfare > Social contributions > Current LCU: Social contributions (current LCU). Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.
Labor force per thousand people: This entry contains the total labor force figure. Figures expressed per thousand people for the same year.
Business efficiency: Based upon a business efficiency index where '100' represents the highest level of business efficiency.
Trade > Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
Debt > Government debt > Net government debt, share of GDP per million people: Net government debt as % of GDP (IMF). Figures expressed per million people for the same year.
GDP > Median household income (PPP): Median Household Income $PPP.
Household final > Consumption expenditure per capita > Constant 2000 US$: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2000 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars.
Public institution index: Public institution index indicates the state of the country's public institutions.
GNI > Atlas method > Current US$ per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States. Figures expressed per capita for the same year.
Income > Household final consumption expenditure, PPP > Constant 2005 international $: Household final consumption expenditure, PPP (constant 2005 international $). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates.
Income > GNI, PPP > Current international $: GNI, PPP (current international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
Income > GDP, PPP > Current international $: GDP, PPP (current international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.
Currency > Monetary unit: Country currency.
Budget > Expenditures > Per $ GDP: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
Aid > Untied given per million people: ODA that is untied, million US$. Figures expressed per million people for the same year.
Taxes and other revenues: This entry records total taxes and other revenues received by the national government during the time period indicated, expressed as a percent of GDP. Taxes include personal and corporate income taxes, value added taxes, excise taxes, and tariffs. Other revenues include social contributions - such as payments for social security and hospital insurance - grants, and net revenues from public enterprises. Normalizing the data, by dividing total revenues by GDP, enables easy comparisons across countries, and provides an average rate at which all income (GDP) is paid to the national level government for the supply of public goods and services.
Patents granted: Patents granted to residents per million people 1998.
Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
Balance of payments > Financial > Reserves: Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. These include changes in holdings of monetary gold, SDRs, foreign exchange assets, reserve position in the International Monetary Fund, and other claims on nonresidents that are available to the central authority. The measure is net of liabilities constituting foreign authorities' reserves, and counterpart items for valuation changes and exceptional financing items. Data are in current U.S. dollars."
Balance of payments > Current account > Balances > Current account balance > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars."
Foreign direct investment > FDI > FDI flows and stocks > Inward FDI stocks: Foreign direct investment is defined as investment by a resident entity in one economy with the objective of obtaining a lasting interest in an enterprise resident in another economy. The lasting interest means the existence of a long-term relationship between the direct investor and the enterprise and a significant degree of influence by the direct investor on the management of the direct investment enterprise. The ownership of at least 10% of the voting power, representing the influence by the investor, is the basic criterion used. Hence, control by the foreign investor is not required.
Inward stocks are the direct investments held by non-residents in the reporting economy; outward stocks are the investments of the reporting economy held abroad.
The stock tables also show the distribution of stocks according to broad sectors of the industry, namely manufacturing and services.
Negative flows may generally indicate disinvestments or the impact of substantial reimbursements of inter-company loans.
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.
Spending > Final consumption expenditure > Constant 2000 US$ per capita: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
Tax > GDP > Current US$: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Currency > GDP > Constant 2000 US$ per capita: GDP (constant 2000 US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
Portfolio investment > Excluding LCFAR > BoP > Current US$: Portfolio investment excluding liabilities constituting foreign authorities' reserves covers transactions in equity securities and debt securities. Data are in current U.S. dollars.
Net trade in goods and services > BoP > Current US$: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
Net capital account > BoP > Current US$: Net capital account includes government debt forgiveness, investment grants in cash or in kind by a government entity, and taxes on capital transfers. Also included are migrants' capital transfers and debt forgiveness and investment grants by nongovernmental entities. Data are in current U.S. dollars.
Budget > Expenditures > Per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
Economic growth > Evolution of GDP > Real GDP growth: In order to calculate the growth rate of GDP free of the direct effects of inflation, data at fixed, or constant, prices should be used. Price relativities change over time, and the 1993 System of National Accounts recommends that the fixed prices used should be representative of the periods for which the growth rates are calculated, which means that new fixed prices should be introduced frequently, typically every year. The growth rates of GDP between successive periods are linked together to form chain volume indices. All OECD countries derive their "volume" estimates in this way, except for Korea, and Mexico.. These two like many non-OECD countries, only revise their fixed weights every five or ten years. Such practices tend to lead to biased growth rates, usually upward.
The growth rates for OECD total are averages of the growth rates of individual countries weighted by the relative size of each country’s GDP in US dollars. Conversion to US dollars is done using purchasing power parities so that each country is weighted by the relative size of its real GDP.
GDP > Composition, by end use > Investment in inventories: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
imports of goods and ...
Full definition
Taxes > Taxes on the average worker > Taxes on the average worker: The taxes included in the measure are personal income taxes, employees’ social security contributions and employers’ social security contributions. For the few countries that have them, it also includes payroll taxes. The amount of these taxes paid in relation to the employment of one average worker is expressed as a percentage of their labour cost (gross wage plus employers’ social security contributions and payroll tax).
An average worker is defined as somebody who earns the average income of full-time workers of the country concerned in sectors C-K of the International Standard Industrial Classification (ISIC). The average worker is single, meaning that he or she does not receive any tax relief in respect of a spouse, unmarried partner or child.
Purchasing power parity > GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
Debt > External > Per $ GDP: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per $ GDP figures expressed per 1,000 $ gross domestic product.
GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.
Investment > Foreign investment > Commitment to Development Index (investment): This is a sub-index of the Commitment to Development Index (CDI), which ranks rich countries’ policies is terms of how beneficial they are to the world’s five billion poorest people. The investment sub-index ranks the support each country provides for foreign direct investment (FDI) in developing countries, such as insurance schemes, guarantees and tax treaties. For further information, please refer to cgdev.org/cdi
Trade > With US > US imports of bauxite and aluminum per 1000: US imports of bauxite and aluminum, USD Thousands, 2004. Figures expressed per thousand population for the same year.
High-technology > Exports > Current US$: High-technology exports are products with high research and development intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars."
Oil > Exports per thousand people: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
Additional details:
- Bahamas, The: transshipments of 41,570 bbl/day (2007)
- Bahamas, The: transshipments of 41,610 bbl/day (2009)
. Figures expressed per thousand people for the same year.
Overall productivity > PPP: Estimates: GDP (PPP) per person employed, US$
Deposit interest rate: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.
Final > Consumption expenditure > Etc. > Current US$: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
GDP > Constant 2000 US$ > 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.
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.
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.
Innovation > Research and development personnel > By sector > Business enterprise sector per thousand people: Total number of researchers employed by private for-profit enterprises. Figures expressed per thousand people for the same year.
Government spending > Subsidies and other transfers > Current LCU: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.
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 > Components of taxation > Property tax: Property tax as a percentage of total tax collected by the country. Data is for 2000.
Currency > DEC alternative conversion factor > LCU per US$: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.
Labor force > By occupation > Industry: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
Stocks traded > Total value > Current US$: Stocks traded refers to the total value of shares traded during the period.
GDP > Composition, by end use > Investment in fixed capital: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
imports of goods and ...
Full definition.
Trade > Exports > Goods and services: Exports of goods and services as a % of GDP, 2000
Royalty and license fees > Payments > BoP > Current US$: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars.
Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
Foreign direct investment > Net > BoP > Current US$: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars.
Stock of direct foreign investment > At home per capita: This entry gives the cumulative US dollar value of all investments in the home country made directly by residents - primarily companies - of other countries as of the end of the time period indicated. Direct investment excludes investment through purchase of shares. Figures expressed per capita for the same year.
Economic aid > Donor per capita: The net official development assistance (ODA) from Organization for Economic Cooperation and Development (OECD) nations to developing countries and multilateral organizations. ODA is defined as financial assistance that is concessional in character, has the main objective to promote economic development and welfare of the less developed countries (LDCs), and contains a grant element of at least 25%. The entry does not cover other official flows (OOF) or private flows. Figures expressed per capita for the same year.
Spending > Household final consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (constant 2000 US$). Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
Spending > Final consumption expenditure > Constant 2000 US$: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars.
Reserves > Total reserves minus gold > Current US$: Total reserves minus gold (current US$). Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars.
Savings > Gross domestic savings > Current US$: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
World Bank exchange rate: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar."
Trade > Exports > Goods: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
Balance of payments > Current account > Balances > Net trade in goods > US$: 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."
Electricity > Production: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
Electricity > Imports per capita: This entry is the total imported electricity in kilowatt-hours. Figures expressed per capita for the same year.
Gross national expenditure > Current US$ > Per $ GDP: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
Household final > Consumption expenditure > Constant 2000 US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2000 U.S. dollars. Figures expressed per capita for the same year.
Gross fixed capital formation > Current US$ per capita: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Patent applications > Residents: Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years."
GNI > Atlas method > Current US$ > Per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States. Per capita figures expressed per 1 population.
Income > GDP, PPP > Constant 2005 international $ per capita: GDP, PPP (constant 2005 international $). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars. Figures expressed per capita for the same year.
Income > GNI, PPP > Constant 2005 international $: GNI, PPP (constant 2005 international $). PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
Income > GNI per capita, PPP > Constant 2005 international $: GNI per capita, PPP (constant 2005 international $). GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 international dollars.
International tourism > Receipts > Current US$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
Terms of trade: Terms of trade (1980 = 100) 1999. The ratio of the export price index to the import price index measured relative to the base year 1980. A value of more than 100 implies that the price of exports has risen relative to the price of imports.
Oil > Production per thousand people: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
Gross savings > Current US$ per capita: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Innovation > Patent applications, nonresidents per million: Patent applications, nonresidents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years. Figures expressed per million population for the same year.
Innovation > Patent applications, residents: Patent applications, residents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years.
Trade > Exports > Export growth in USD: Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics."
Innovation > Scientific and technical journal articles: Scientific and technical journal articles. Scientific and technical journal articles refer to the number of scientific and engineering articles published in the following fields: physics, biology, chemistry, mathematics, clinical medicine, biomedical research, engineering and technology, and earth and space sciences.
GDP > PPP > Current international $ per capita: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. Figures expressed per capita for the same year.
Welfare > Revenue, excluding grants > Current LCU per capita: Revenue, excluding grants (current LCU). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here. Figures expressed per capita for the same year.
Micro > Small and medium enterprises > Number per 1000: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Figures expressed per thousand population for the same year.
Transnational corporations > Affiliates: Number of foreign affiliates to transnational corporations
Tax > Social security contributions: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
Tax > 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."
Tax > Components of taxation > Social security > Employees contribution: Tax on employee's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
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.
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.
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
Gross Domestic Product > GDP > Size of GDP > Gross domestic product per million: What does gross domestic product mean? "Gross" signifies that no deduction has been made for the depreciation of machinery, buildings and other capital products used in production. "Domestic" means that it is production by the resident institutional units of the country. As many products are used to produce other products it is necessary to define production in terms of value added.
GDP can be measured in three different ways: as output less intermediate consumption (i.e. value added) plus taxes less subsidies on products (such as VAT); as the income earned from production by summing employee compensation, the gross operating surplus of enterprises and government, the gross mixed income of unincorporated enterprises and net taxes on production and imports (VAT, payroll tax, import duties, etc, less subsidies); or as the expenditure on the goods and services produced by summing final consumption expenditures, gross fixed capital formation, changes in inventories and exports less imports. Figures expressed per million population for the same year.
Trade balance with US: In US dollars. Jan 2003 - March 2003
Merchandise > Exports > Current US$: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in U.S. dollars. Data are in current U.S. dollars.
Services > Etc. > Value added > Constant 2000 US$: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2000 U.S. dollars.
Household final > Consumption expenditure > Current US$: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
Household final > Consumption expenditure > Etc. > Constant 2000 US$ per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars. Figures expressed per capita for the same year.
Gross fixed capital formation > Current US$: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
Gross national expenditure > Constant 2000 US$: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2000 U.S. dollars.
Trade > Exports > Goods and services > Constant 2000 US$: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars.
Household final > Consumption expenditure > Current US$ > Per capita: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
Research and development spending: Research and development (R&D) expenditures for most recent year available between 1990 and 2000.
Aid > Untied given: ODA that is untied, million US$.
Tax > Time to prepare and pay taxes > Hours: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions."
Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$: Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero. In the International Financial Statistics presentation, this is equal to the difference between reserves and related items and the sum of the balances of the current, capital, and financial accounts. Data are in current U.S. dollars."
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.
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.
Foreign direct investment > Net > BoP > Current US$ > Per $ GDP: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
Commercial service imports > Current US$ > Per capita: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies. Per capita figures expressed per 1 population.
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.
Natural gas > Proved reserves per capita: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions. Figures expressed per capita for the same year.
Natural gas > Consumption: This entry is the total natural gas consumed in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
Natural gas > Proved reserves: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
Micro > Small and medium enterprises > Per 1,000 people: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees.
Tourism > International tourism, receipts for travel items > Current US$ per capita: International tourism, receipts for travel items (current US$). International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars. Figures expressed per capita for the same year.
Tourism > International tourism, number of departures: International tourism, number of departures. International outbound tourists are the number of departures that people make from their country of usual residence to any other country for any purpose other than a remunerated activity in the country visited. The data on outbound tourists refer to the number of departures, not to the number of people traveling. Thus a person who makes several trips from a country during a given period is counted each time as a new departure.
Tourism > International tourism, expenditures > Current US$: 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.
Gross Domestic Product > GDP > Size of GDP > Gross domestic product: What does gross domestic product mean? "Gross" signifies that no deduction has been made for the depreciation of machinery, buildings and other capital products used in production. "Domestic" means that it is production by the resident institutional units of the country. As many products are used to produce other products it is necessary to define production in terms of value added.
GDP can be measured in three different ways: as output less intermediate consumption (i.e. value added) plus taxes less subsidies on products (such as VAT); as the income earned from production by summing employee compensation, the gross operating surplus of enterprises and government, the gross mixed income of unincorporated enterprises and net taxes on production and imports (VAT, payroll tax, import duties, etc, less subsidies); or as the expenditure on the goods and services produced by summing final consumption expenditures, gross fixed capital formation, changes in inventories and exports less imports.
Public expenditure > Health expenditure > Total expenditure on health: Total expenditure on health measures the final consumption of health goods and services (i.e. current health expenditure) plus capital investment in health care infrastructure. This includes spending by both public and private sources (including households) on medical services and goods, public health and prevention programmes and administration. Excluded are health-related expenditures such as training, research and environmental health.
Economic growth > Inflation > GDP deflator: The GDP deflator is an implicit, not an explicit deflator. It is derived by dividing an index of GDP measured in current prices by a chain volume index of GDP (see Evolution of GDP), both, typically. derived using the expenditure approach (see Size of GDP). It is therefore a weighted average of the price indices of:
goods and services consumed by households;
expenditure by government on goods, services and salaries;
fixed capital assets;
changes in inventories;
exports of goods and services;
imports of goods and services (minus).
While the CPI measures the price changes of goods and services consumed by households, the GDP deflator measures the price changes of goods and services produced by a country, including exports, and also includes a component to reflect price changes in imports. Hence, the treatment of exports and imports merits special attention. The GDP deflator will go up, indicating more inflation, if the prices of exports rise but although higher inflation is usually thought of as a bad thing, it may actually be beneficial to a country if the prices of its exports rise, since it is non-residents who pay the higher prices; although this may be coupled with a fall in the value of the country’s currency. Conversely, price rises in imports will reduce the GDP deflator, although, following the same reasoning this may not necessarily be a good thing for residents.
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 > 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.
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.
Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits."
Patent applications > Nonresidents: Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years."
International tourism > Expenditures > Current US$: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Data are in current U.S. dollars.
Trade > Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
Tax > Tax payments > Number per million: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent. Figures expressed per million population for the same year.
Purchasing power parity > GDP > PPP > Constant 2005 international $: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.
Trade > Exports > Export growth: Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights. For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used."
Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure)."

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STAT	Norway	United Kingdom
Budget > Revenues	$285.70 billion Ranked 15th.	$986.10 billion Ranked 6th. 3 times more than Norway
Budget surplus > + or deficit > -	14% of GDP Ranked 5th.	-8.2% of GDP Ranked 163th.
Debt > Government debt > Public debt, share of GDP	30.3 CIA Ranked 112th.	90 CIA Ranked 17th. 3 times more than Norway
Overview	The Norwegian economy is a prosperous mixed economy, with a vibrant private sector, a large state sector, and an extensive social safety net. The government controls key areas, such as the vital petroleum sector, through extensive regulation and large-scale state-majority-owned enterprises. The country is richly endowed with natural resources - petroleum, hydropower, fish, forests, and minerals - and is highly dependent on the petroleum sector, which accounts for the largest portion of export revenue and about 20% of government revenue. Norway is the world's third-largest natural gas exporter; and seventh largest oil exporter, making one of its largest offshore oil finds in 2011. Norway opted to stay out of the EU during a referendum in November 1994; nonetheless, as a member of the European Economic Area, it contributes sizably to the EU budget. In anticipation of eventual declines in oil and gas production, Norway saves state revenue from the petroleum sector in the world's second largest sovereign wealth fund, valued at over $700 billion in January 2013 and uses the fund''s return to help finance public expenses. After solid GDP growth in 2004-07, the economy slowed in 2008, and contracted in 2009, before returning to positive growth in 2010-12, however, the government budget is set to remain in surplus.	The UK, a leading trading power and financial center, is the second largest economy in Europe after Germany. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. After emerging from recession in 1992, Britain's economy enjoyed the longest period of expansion on record during which time growth outpaced most of Western Europe. In 2008, however, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Sharply declining home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets; these include nationalizing parts of the banking system, temporarily cutting taxes, suspending public sector borrowing rules, and moving forward public spending on capital projects. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated a five-year austerity program, which aimed to lower London's budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced additional austerity measures through 2017 because of slower-than-expected economic growth and the impact of the euro-zone debt crisis. The CAMERON government raised the value added tax from 17.5% to 20% in 2011. It has pledged to reduce the corporation tax rate to 21% by 2014. The Bank of England (BoE) implemented an asset purchase program of up to Â£375 billion (approximately $605 billion) as of December 2012. During times of economic crisis, the BoE coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union (EMU). In 2012, weak consumer spending and subdued business investment weighed on the economy. GDP fell 0.1%, and the budget deficit remained stubbornly high at 7.7% of GDP. Public debt continued to increase.
Exports	$166.00 billion Ranked 29th.	$473.00 billion Ranked 10th. 3 times more than Norway
GDP	$499.67 billion Ranked 23th.	$2.44 trillion Ranked 7th. 5 times more than Norway
GDP > Composition, by sector of origin > Services	56.3% Ranked 107th.	78.5% Ranked 19th. 39% more than Norway
GDP > Per capita	$53,285.21 per capita Ranked 4th. 52% more than United Kingdom	$35,046.59 per capita Ranked 21st.
GDP > Per capita > PPP	$54,400.00 Ranked 4th. 49% more than United Kingdom	$36,600.00 Ranked 21st.
GDP > Purchasing power parity per capita	$56,532.16 Ranked 4th. 61% more than United Kingdom	$35,152.70 Ranked 21st.
GDP per capita	$99,557.73 Ranked 2nd. 3 times more than United Kingdom	$38,514.46 Ranked 21st.
Gross National Income	$161.00 billion Ranked 25th.	$1.48 trillion Ranked 4th. 9 times more than Norway
Inflation rate > Consumer prices	0.7% Ranked 191st.	2.8% Ranked 126th. 4 times more than Norway
Public debt	29.1% of GDP Ranked 116th.	88.7% of GDP Ranked 19th. 3 times more than Norway
Unemployment rate	3.2% Ranked 101st.	8% Ranked 51st. 3 times more than Norway
Exports per capita	$33,075.18 Ranked 7th. 4 times more than United Kingdom	$7,480.92 Ranked 41st.
Distribution of family income > Gini index	25 Ranked 39th.	40 Ranked 1st. 60% more than Norway
Human Development Index	0.963 Ranked 1st. 3% more than United Kingdom	0.939 Ranked 15th.
Tourist arrivals > Per capita	955.98 per 1,000 people Ranked 31st. 93% more than United Kingdom	494.59 per 1,000 people Ranked 64th.
GDP > Purchasing power parity	$274.10 billion Ranked 44th.	$2.31 trillion Ranked 8th. 8 times more than Norway
Currency > PPP conversion factor to official exchange rate ratio	1.54 Ranked 1st. 40% more than United Kingdom	1.1 Ranked 18th.
Fiscal year	calendar year	6
GDP > Composition by sector > Industry	41.5% Ranked 26th. 97% more than United Kingdom	21.1% Ranked 146th.
Currency > Official exchange rate > LCU per US$, period average	$5.82 Ranked 104th. 9 times more than United Kingdom	$0.63 Ranked 162nd.
Inequality > GINI index	25.79 Ranked 40th.	35.97 Ranked 16th. 39% more than Norway
Imports per capita	$17,743.04 Ranked 10th. 74% more than United Kingdom	$10,177.53 Ranked 34th.
Gross National Income per capita	$35,668.78 Ranked 3rd. 42% more than United Kingdom	$25,038.93 Ranked 9th.
Tax > Highest marginal tax rate > Individual rate	40% Ranked 24th. The same as United Kingdom	40% Ranked 23th.
Technology index	5.17 Ranked 9th. 5% more than United Kingdom	4.92 Ranked 17th.
Development > Human Development Index	0.955 Ranked 1st. 9% more than United Kingdom	0.875 Ranked 26th.
Big Mac Index	$6.06 Ranked 2nd. 83% more than United Kingdom	$3.32 Ranked 7th.
GDP > Per capita > PPP per thousand people	$10.84 Ranked 38th. 19 times more than United Kingdom	$0.58 Ranked 109th.
Exports > Commodities	petroleum and petroleum products, machinery and equipment, metals, chemicals, ships, fish	manufactured goods, fuels, chemicals; food, beverages, tobacco
Poverty and inequality > Richest quintile to poorest quintile ratio	3.9 Ranked 20th.	7.2 Ranked 2nd. 85% more than Norway
Imports	$89.05 billion Ranked 35th.	$643.50 billion Ranked 5th. 7 times more than Norway
Budget > Expenditures	$216.50 billion Ranked 20th.	$1.19 trillion Ranked 6th. 5 times more than Norway
GINI index	25.79 Ranked 39th.	35.97 Ranked 14th. 39% more than Norway
Reserves of foreign exchange and gold per capita	$10,646.52 Ranked 3rd. 11 times more than United Kingdom	$939.55 Ranked 58th.
Debt > Net foreign assets > Current LCU	-134,187,293,535.64 Ranked 178th.	180.31 billion Ranked 76th.
Tourist arrivals	4.44 million Ranked 41st.	30.14 million Ranked 7th. 7 times more than Norway
Budget > Revenues > Per capita	$48,898.79 per capita Ranked 1st. 3 times more than United Kingdom	$18,987.68 per capita Ranked 15th.
Inbound tourism income > Current US$	$5.56 billion Ranked 40th.	$45.34 billion Ranked 7th. 8 times more than Norway
Tax > Tax rates	51.27 Ranked 2nd. 34% more than United Kingdom	38.26 Ranked 18th.
GDP per person	79,089.13 Ranked 2nd. 2 times more than United Kingdom	35,164.86 Ranked 22nd.
Exports > Main exports	Fuels and fuel products, machinery, metal products	Manufactured goods, chemicals, foodstuffs
Budget > Revenues per capita	$46,387.46 Ranked 1st. 3 times more than United Kingdom	$14,881.68 Ranked 17th.
Gross National Income > Per $ GDP	$87.98 per $100 Ranked 1st. 6% more than United Kingdom	$83.05 per $100 Ranked 1st.
Debt > External	$659.10 billion Ranked 19th.	$10.09 trillion Ranked 2nd. 15 times more than Norway
Gross domestic savings > Current US$ per capita	24,193.72$ Ranked 3rd. 5 times more than United Kingdom	4,722.68$ Ranked 21st.
Central bank discount rate	6.25% Ranked 48th. 13 times more than United Kingdom	0.5% Ranked 49th.
Debt > External > Per capita	$101,362.90 per capita Ranked 6th.	$171,942.20 per capita Ranked 3rd. 70% more than Norway
GDP > Composition by sector > Services	55.7% Ranked 110th.	78.2% Ranked 20th. 40% more than Norway
Tax > GDP > Constant LCU	2.12 trillion Ranked 46th. 62% more than United Kingdom	1.31 trillion Ranked 62nd.
Tourism > International tourism, number of arrivals per capita	1 Ranked 42nd. 2 times more than United Kingdom	0.467 Ranked 75th.
International tourism > Receipts > Current US$ > Per $ GDP	13.14$ per $1,000 of GDP Ranked 92nd.	18$ per $1,000 of GDP Ranked 77th. 37% more than Norway
Consumer spending	43.12 Ranked 117th.	65.31 Ranked 66th. 51% more than Norway
Consumer price index	109.06% Ranked 131st.	112.76% Ranked 111th. 3% more than Norway
GDP > Composition by sector > Agriculture	2.7% Ranked 162nd. 4 times more than United Kingdom	0.7% Ranked 204th.
GDP per capita > PPP > Current international $	41,419.91 PPP $ Ranked 3rd. 25% more than United Kingdom	33,238.21 PPP $ Ranked 12th.
Industries	petroleum and gas, food processing, shipbuilding, pulp and paper products, metals, chemicals, timber, mining, textiles, fishing	machine tools, electric power equipment, automation equipment, railroad equipment, shipbuilding, aircraft, motor vehicles and parts, electronics and communications equipment, metals, chemicals, coal, petroleum, paper and paper products, food processing, textiles, clothing, other consumer goods
GDP > Composition, by end use > Imports of goods and services	-27.5% Ranked 27th.	-33.8% Ranked 52nd. 23% more than Norway
New businesses registered > Number > Per capita	3.89 per 1,000 people Ranked 13th.	7.4 per 1,000 people Ranked 3rd. 90% more than Norway
GDP per capita > Constant LCU	351796.1	17772.08
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US	$11.56 billion Ranked 22nd.	$24.80 billion Ranked 14th. 2 times more than Norway
Labor force	2 Ranked 202nd.	32 Ranked 83th. 16 times more than Norway
Trade > With US > US imports of bauxite and aluminum	9,490 Ranked 36th.	29,162 Ranked 22nd. 3 times more than Norway
GDP > Real growth rate	3% Ranked 101st. 15 times more than United Kingdom	0.2% Ranked 152nd.
Debt > Government debt > Gross government debt, share of GDP	34.12 IMF Ranked 115th.	90.31 IMF Ranked 16th. 3 times more than Norway
Debt > Central government debt, total > Current LCU	554.13 billion Ranked 26th.	1.53 trillion Ranked 17th. 3 times more than Norway
International tourism > Number of arrivals	3.86 million Ranked 40th.	29.97 million Ranked 6th. 8 times more than Norway
Economic growth > Per capita	-2.84 Ranked 100th.	-5.58 Ranked 137th. 96% more than Norway
Foreign direct investment > Net > BoP > Current US$ per capita	-2,370.485 BoP $ Ranked 130th.	917.67 BoP $ Ranked 9th.
GDP per capita > Constant 2000 US$	39,968.65 constant 2000 US$ Ranked 2nd. 49% more than United Kingdom	26,890.73 constant 2000 US$ Ranked 11th.
GDP in 1970	$12.80 Ranked 18th.	$123.60 Ranked 5th. 10 times more than Norway
Micro > Small and medium enterprises > Number > Per capita	68.4 per 1,000 people Ranked 5th.	73.79 per 1,000 people Ranked 4th. 8% more than Norway
Economic freedom	70.5 Ranked 31st.	74.8 Ranked 14th. 6% more than Norway
GDP > Official exchange rate per capita	$84,573.26 Ranked 2nd. 2 times more than United Kingdom	$36,276.82 Ranked 21st.
Stock of direct foreign investment > At home	$256.80 billion Ranked 21st.	$1.32 trillion Ranked 4th. 5 times more than Norway
Current account balance	$71.87 billion Ranked 6th.	$-93,600,000,000.00 Ranked 179th.
Agriculture > Products	barley, wheat, potatoes; pork, beef, veal, milk; fish	cereals, oilseed, potatoes, vegetables; cattle, sheep, poultry; fish
Trade > Imports per capita	$15,139.33 Ranked 12th. 73% more than United Kingdom	$8,776.13 Ranked 27th.
Currency	Norwegian krone	British pound
Current account balance > BoP > Current US$ per capita	10,704.01 BoP $ Ranked 2nd.	-821.241 BoP $ Ranked 112th.
GNI per capita	$88,870.00 Ranked 4th. 2 times more than United Kingdom	$37,780.00 Ranked 24th.
GDP > Purchasing power parity > Per capita	$53,285.21 per capita Ranked 4th. 52% more than United Kingdom	$35,046.59 per capita Ranked 21st.
Companies > Listed domestic companies, total	184 Ranked 46th.	2,179 Ranked 8th. 12 times more than Norway
Trade > Exports per capita	$28,020.65 Ranked 6th. 4 times more than United Kingdom	$6,513.45 Ranked 38th.
Business > Companies > Corporate governance (overall rating)	4.9 Ranked 16th.	7.6 Ranked 1st. 55% more than Norway
Current account balance per capita	$12,318.86 Ranked 2nd.	0.0 Ranked 109th.
Tourism > International tourism, number of arrivals	4.96 million Ranked 47th.	29.31 million Ranked 8th. 6 times more than Norway
Gross national saving	39.4% of GDP Ranked 13th. 4 times more than United Kingdom	11% of GDP Ranked 121st.
Tax > GDP > Constant LCU per capita	422,994.9 Ranked 27th. 20 times more than United Kingdom	20,784.57 Ranked 113th.
Retail > Gross value added by wholesale, retail trade, restaurants and hotels	38.03 billion Ranked 39th.	360.77 billion Ranked 4th. 9 times more than Norway
Companies > Market capitalization of listed companies > Current US$ per capita	$50,399.78 Ranked 10th. 6% more than United Kingdom	$47,755.58 Ranked 11th.
Market capitalization of listed companies > Current US$ per capita	41,302.27$ Ranked 14th.	50,779.86$ Ranked 9th. 23% more than Norway
Household final > Consumption expenditure > Current US$ per capita	26,714.43$ Ranked 3rd. 12% more than United Kingdom	23,830.31$ Ranked 4th.
Budget > Expenditures per capita	$38,247.16 Ranked 2nd. 2 times more than United Kingdom	$18,531.85 Ranked 13th.
Reserves > Total reserves > Includes gold, current US$	$51.86 billion Ranked 33th.	$105.19 billion Ranked 23th. 2 times more than Norway
Stock of broad money	None	None
Exchange rates	Norwegian kroner (NOK) per US dollar -<br />5.82 (2012 est.)<br />5.61 (2011 est.)<br />6.04 (2010 est.)<br />6.29 (2009)<br />5.64 (2008)	British pounds (GBP) per US dollar -<br />0.63 (2012 est.)<br />0.62 (2011 est.)<br />0.65 (2010 est.)<br />0.62 (2009)<br />0.53 (2008)
Debt > External per capita	$99,614.52 Ranked 6th.	$171,348.98 Ranked 3rd. 72% more than Norway
Gross fixed capital formation > Current US$ > Per $ GDP	0.187$ per $1 of GDP Ranked 108th. 13% more than United Kingdom	0.166$ per $1 of GDP Ranked 125th.
Exports > Partners	UK 25.6%, Germany 12.6%, Netherlands 12%, France 6.7%, Sweden 6.3%, US 5%	Germany 11.3%, US 10.5%, Netherlands 8.8%, France 7.4%, Ireland 6.2%, Belgium 5.1%
GDP > Official exchange rate	$492.90 billion Ranked 23th.	$2.44 trillion Ranked 6th. 5 times more than Norway
GDP per capita > PPP > Constant 2000 international $	36,849.49 PPP 2000 $ Ranked 3rd. 25% more than United Kingdom	29,570.6 PPP 2000 $ Ranked 12th.
Investment > Gross fixed	21.4% of GDP Ranked 78th. 54% more than United Kingdom	13.9% of GDP Ranked 136th.
Interest rate spread > Lending rate minus deposit rate	2.21% Ranked 129th.	2.72% Ranked 130th. 23% more than Norway
Income receipts > BoP > Current US$ per capita	3,836.66 BoP $ Ranked 14th.	5,642.01 BoP $ Ranked 7th. 47% more than Norway
Tax > Highest marginal tax rate > Corporate rate	28% Ranked 52nd. The same as United Kingdom	28% Ranked 48th.
Stock of narrow money	None	None
GDP > Composition, by sector of origin > Industry	42.5% Ranked 30th. 2 times more than United Kingdom	20.8% Ranked 152nd.
Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita	$25,839.47 Ranked 10th. 2 times more than United Kingdom	$11,141.77 Ranked 23th.
Debt > Net domestic credit > Current LCU	1.9 trillion Ranked 38th.	3.24 trillion Ranked 36th. 71% more than Norway
Government spending	41.71 billion Ranked 22nd.	333.79 billion Ranked 7th. 8 times more than Norway
Net current transfers from abroad > Constant LCU	-18376770000	-10125320000
Foreign direct investment > Net inflows > BoP > Current US$ per capita	710.61 BoP $ Ranked 24th.	2,636.82 BoP $ Ranked 7th. 4 times more than Norway
GDP > Current LCU	1903841000000	1209334000000
High-technology > Exports > Current US$ > Per capita	$1.23 million per 1,000 people Ranked 17th. 22% more than United Kingdom	$1.01 million per 1,000 people Ranked 20th.
GDP > Composition, by sector of origin > Agriculture	1.2% Ranked 191st. 71% more than United Kingdom	0.7% Ranked 208th.
Savings > Gross domestic savings > Current US$ per capita	$38,097.36 Ranked 3rd. 8 times more than United Kingdom	$4,909.40 Ranked 31st.
Net barter terms of trade	121.5% Ranked 2nd. 15% more than United Kingdom	105.31% Ranked 9th.
Tax > Tax payments > Number	4 Ranked 186th.	8 Ranked 162nd. Twice as much as Norway
Tax > Components of taxation > Personal income tax	24.8% Ranked 17th.	29.8% Ranked 11th. 20% more than Norway
Real interest rate	-4.05% Ranked 119th.	2.61% Ranked 88th.
Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP	1,231.13 BoP $ per $1 million of Ranked 26th.	6,050.1 BoP $ per $1 million of Ranked 9th. 5 times more than Norway
Gross domestic savings	132.39 billion Ranked 18th.	244.27 billion Ranked 13th. 85% more than Norway
Inflation	109.28 Ranked 144th.	111.28 Ranked 134th. 2% more than Norway
Investment > External financial assets per capita	€87,661.7 Ranked 12th.	€88,413.11 Ranked 11th. 1% more than Norway
Outbound tourist spending	15.93 billion Ranked 17th.	84.22 billion Ranked 4th. 5 times more than Norway
Income > GNI, PPP > Current international $ per capita	$66,959.23 Ranked 1st. 79% more than United Kingdom	$37,342.92 Ranked 16th.
Income > GNI per capita, PPP > Current international $	$66,960.00 Ranked 1st. 79% more than United Kingdom	$37,340.00 Ranked 16th.
Inequality > Gini coefficient > Level	0.276 Different summary measure Ranked 20th.	0.335 Different summary measure Ranked 8th. 21% more than Norway
Poverty > Poverty by individual and household characteristics > Poverty rate > Children	4.6% Ranked 27th.	10.08% Ranked 20th. 2 times more than Norway
Tax > Total tax wedge > Single worker	37% Ranked 16th. 25% more than United Kingdom	29.7% Ranked 22nd.
GDP > By type of expenditure > Household consumption expenditure per capita	40,243.21 Ranked 5th. 56% more than United Kingdom	25,728.95 Ranked 15th.
Reserves of foreign exchange and gold	$51.86 billion Ranked 35th.	$105.10 billion Ranked 24th. 2 times more than Norway
Big Mac Index > Per $ GDP	$0.34 per $14.1 billion of GDP Ranked 34th. 16 times more than United Kingdom	$0.02 per $14.1 billion of GDP Ranked 60th.
Size of economy > GDP > GDP growth	3.09% Ranked 95th. 11 times more than United Kingdom	0.273% Ranked 148th.
GDP > Constant 2000 US$	184.79 billion constant 2000 US$ Ranked 27th.	1.62 trillion constant 2000 US$ Ranked 5th. 9 times more than Norway
Tax > Highest marginal tax rate > Individual > On income exceeding > US$	$110,229.00 Ranked 11th. 67% more than United Kingdom	$66,047.00 Ranked 27th.
International tourism > Expenditures > Current US$ per capita	1,913.8$ Ranked 5th. 56% more than United Kingdom	1,225.19$ Ranked 12th.
Purchasing power parity conversion factor > LCU per international $	9.94	0.6
Micro > Small and medium enterprises > Number	316,243 Ranked 11th.	4.42 million Ranked 3rd. 14 times more than Norway
GDP > Composition, by end use > Household consumption	40.4% Ranked 169th.	65.8% Ranked 89th. 63% more than Norway
Poverty and inequality > Income inequality 1993-2011	25.79 latest available Ranked 30th.	35.97 latest available Ranked 10th. 39% more than Norway
Current transfers > Receipts > BoP > Current US$	2.67 billion BoP $ Ranked 44th.	29.84 billion BoP $ Ranked 1st. 11 times more than Norway
Innovation > Patent applications, residents per million	226.53 Ranked 11th.	244.5 Ranked 10th. 8% more than Norway
Tax > Taxes on income, profits and capital gains > Current LCU	448.89 billion Ranked 23th. 2 times more than United Kingdom	199.9 billion Ranked 33th.
Debt > Net current transfers from abroad > Current LCU	-29,442,000,000 Ranked 120th. 42% more than United Kingdom	-20,685,000,000 Ranked 118th.
Debt > Government debt > Net government debt, share of GDP	-165.508 IMF Ranked 97th.	82.78 IMF Ranked 13th.
Saving rate	32.11 Ranked 11th. 3 times more than United Kingdom	12.19 Ranked 85th.
GDP > PPP > Constant 2000 international $ per capita	36,849.57 PPP 2000 $ Ranked 3rd. 25% more than United Kingdom	29,571.68 PPP 2000 $ Ranked 12th.
International tourism > Number of departures	3.12 million Ranked 29th.	66.49 million Ranked 2nd. 21 times more than Norway
Economic aid > Donor	$2.95 billion Ranked 11th.	$12.46 billion Ranked 2nd. 4 times more than Norway
Consumption > Consumption by sector > Equals: Household final consumption expenditure	188.65 billion USD Ranked 18th.	1.65 trillion USD Ranked 3rd. 9 times more than Norway
Debt > Central government debt, total > Current LCU per capita	111,876.67 Ranked 15th. 5 times more than United Kingdom	24,452.9 Ranked 30th.
Net income > BoP > Current US$ > Per capita	225,948.78 BoP $ per 1,000 people Ranked 10th.	910,125.61 BoP $ per 1,000 people Ranked 5th. 4 times more than Norway
GDP > CIA Factbook	$171.70 billion Ranked 42nd.	$1.67 trillion Ranked 6th. 10 times more than Norway
Poverty and inequality > Poorest's share in national income or consumption	9.59% Ranked 2nd. 56% more than United Kingdom	6.14% Ranked 14th.
Investment > External financial assets	€414 billion Ranked 26th.	€5.61 trillion Ranked 4th. 14 times more than Norway
Debt > Net foreign assets > Current LCU per capita	-28,791.374 Ranked 180th.	2,851.71 Ranked 119th.
Tax > GDP > Current LCU	2.91 trillion Ranked 61st. 86% more than United Kingdom	1.56 trillion Ranked 76th.
Taxes > Total tax revenue > Total tax revenue	43.35% Ranked 5th. 18% more than United Kingdom	36.62% Ranked 14th.
GDP > PPP per capita	$38,205.23 Ranked 4th. 25% more than United Kingdom	$30,604.93 Ranked 13th.
GDP in 1970 per million	$3.30 Ranked 8th. 49% more than United Kingdom	$2.22 Ranked 16th.
GNI	376.36 billion Ranked 24th.	2.22 trillion Ranked 7th. 6 times more than Norway
Development > Human Development Index > Inequality adjusted	0.894 Ranked 1st. 11% more than United Kingdom	0.802 Ranked 19th.
GDP > PPP	$175.44 billion Ranked 44th.	$1.83 trillion Ranked 6th. 10 times more than Norway
Market capitalization of listed companies > Current US$	190.95 billion$ Ranked 26th.	3.06 trillion$ Ranked 3rd. 16 times more than Norway
Companies > Listed domestic companies, total per million	36.66 Ranked 22nd. 6% more than United Kingdom	34.46 Ranked 25th.
Tax > GDP > Current US$ per capita	$99,557.73 Ranked 2nd. 3 times more than United Kingdom	$39,093.47 Ranked 22nd.
Trade > Exports to US	$1.10 billion Ranked 34th.	$10.17 billion Ranked 6th. 9 times more than Norway
Industrial production growth rate	3.2% Ranked 80th.	-4% Ranked 157th.
Purchasing power parity > GDP per capita > PPP > Current international $	$55,672.12 Ranked 4th. 53% more than United Kingdom	$36,495.76 Ranked 16th.
World trade > Exports	160.42 billion Ranked 25th.	601.63 billion Ranked 7th. 4 times more than Norway
Labor force > By occupation > Agriculture	2.9% Ranked 160th. 2 times more than United Kingdom	1.4% Ranked 176th.
Tourist arrivals by region of origin > Europe	3.52 million Ranked 26th.	21.74 million Ranked 4th. 6 times more than Norway
Bank capital to assets ratio	5.1% Ranked 67th.	8.5% Ranked 48th. 67% more than Norway
Labor force > By occupation > Services	76% Ranked 6th.	80.4% Ranked 1st. 6% more than Norway
Companies > Stock market > Stocks traded, total value > Current US$ per capita	$26,476.11 Ranked 11th.	$39,358.90 Ranked 6th. 49% more than Norway
Lending interest rate	4.04% Ranked 135th.	4.65% Ranked 133th. 15% more than Norway
Industrial > Production growth rate	0.3% Ranked 139th.	1.9% Ranked 123th. 6 times more than Norway
Tax > Taxes on income, profits and capital gains > Current LCU per capita	90,628.31 Ranked 16th. 28 times more than United Kingdom	3,185.45 Ranked 53th.
Spending > Household final consumption expenditure per capita > Constant 2000 US$	$31,848.98 Ranked 2nd. 32% more than United Kingdom	$24,119.89 Ranked 6th.
Tax > GDP per capita > Constant LCU	422,994.9 Ranked 27th. 20 times more than United Kingdom	20,784.57 Ranked 113th.
Income > GDP per capita, PPP > Current international $	$65,639.83 Ranked 4th. 75% more than United Kingdom	$37,455.93 Ranked 22nd.
Debt > Interest rates > Central bank discount rate	1.5% Ranked 85th. 3 times more than United Kingdom	0.5% Ranked 90th.
Technological achievement	0.58 Ranked 10th.	0.61 Ranked 7th. 5% more than Norway
Business > Companies > Specific companies > IKEA > Debut	1,963 Ranked 46th.	1,987 Ranked 30th. 1% more than Norway
Currency > Real effective exchange rate index > 2005 = 100	103 Ranked 45th. 15% more than United Kingdom	89.33 Ranked 89th.
Net domestic credit > Current LCU	1290674000000	2032084000000
International tourism > Receipts > Current US$ per capita	840.09$ Ranked 28th. 28% more than United Kingdom	657.09$ Ranked 31st.
Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita	7,577.97 Ranked 15th. 33% more than United Kingdom	5,705.97 Ranked 25th.
GDP > By type of expenditure > Household consumption expenditure	201.98 billion Ranked 29th.	1.63 trillion Ranked 4th. 8 times more than Norway
Household spending per capita	20,103.1 Ranked 5th. 10% more than United Kingdom	18,342.65 Ranked 6th.
Commercial bank prime lending rate	3.7% Ranked 163th.	4.22% Ranked 160th. 14% more than Norway
Companies > Market capitalization of listed companies > Current US$	$252.95 billion Ranked 32nd.	$3.02 trillion Ranked 5th. 12 times more than Norway
Current account balance > BoP > Current US$	49.49 billion BoP $ Ranked 7th.	-49,458,680,000 BoP $ Ranked 135th.
Trade > Imports	$74.02 billion Ranked 36th.	$546.50 billion Ranked 6th. 7 times more than Norway
Currency > Real effective exchange rate index	111.1% Ranked 30th. 10% more than United Kingdom	101.3% Ranked 54th.
Currency > Official exchange rate > LCU per US$ > Period average	6.41	0.54
Oil > Exports	2.18 million bbl/day Ranked 5th. 67% more than United Kingdom	1.31 million bbl/day Ranked 19th.
GDP > CIA Factbook per capita	$37,613.46 Ranked 3rd. 34% more than United Kingdom	$27,968.85 Ranked 16th.
GDP > Composition, by end use > Exports of goods and services	40.7% Ranked 91st. 29% more than United Kingdom	31.6% Ranked 116th.
Purchasing power parity > GNI per capita > PPP > Current international $	$54,880.00 Ranked 2nd. 47% more than United Kingdom	$37,230.00 Ranked 12th.
Income > Health expenditure per capita, PPP > Constant 2005 international $	$5,673.76 Ranked 3rd. 71% more than United Kingdom	$3,321.67 Ranked 16th.
Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita	37,588.35 USD Ranked 2nd. 44% more than United Kingdom	26,057.87 USD Ranked 9th.
Spending > Household final consumption expenditure > Current US$ per capita	$40,243.21 Ranked 2nd. 56% more than United Kingdom	$25,730.86 Ranked 11th.
Tax > GDP > Current LCU per capita	579,177.1 Ranked 34th. 23 times more than United Kingdom	24,746.17 Ranked 129th.
Debt > Strength of legal rights index > 0=weak to 10=strong per million	1.2 Ranked 76th. 8 times more than United Kingdom	0.158 Ranked 147th.
Oil > Production	2.13 million bbl/day Ranked 14th. 53% more than United Kingdom	1.39 million bbl/day Ranked 20th.
Economy growth	-1.64 Ranked 99th.	-4.92 Ranked 136th. 3 times more than Norway
Trade > Exports > Exports of goods and services	203.35 billion Ranked 29th.	780.14 billion Ranked 4th. 4 times more than Norway
Purchasing power parity > Gross domestic product per capita > PPP	47,675.96 Ranked 4th. 48% more than United Kingdom	32,146.76 Ranked 18th.
Trade > Export value index	126.6% Ranked 19th. 9% more than United Kingdom	116.58% Ranked 24th.
Poverty > Population under $11 a day	4.3% Ranked 10th.	15.7% Ranked 2nd. 4 times more than Norway
Debt > Interest payments > Current LCU	18.16 billion Ranked 49th.	48.91 billion Ranked 32nd. 3 times more than Norway
Innovation	25.3 Ranked 16th.	27 Ranked 4th. 7% more than Norway
Electricity > Consumption per capita	24,243.89 kWh Ranked 1st. 4 times more than United Kingdom	5,614.6 kWh Ranked 31st.
Market capitalization of listed companies > Current US$ > Per $ GDP	646.17$ per $1,000 of GDP Ranked 39th.	1,390.85$ per $1,000 of GDP Ranked 13th. 2 times more than Norway
GDP > CIA Factbook > Per capita	$37,613.09 per capita Ranked 3rd. 35% more than United Kingdom	$27,961.52 per capita Ranked 16th.
Household spending	97.04 billion Ranked 27th.	1.13 trillion Ranked 5th. 12 times more than Norway
Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita	$20,971.19 Ranked 5th. 3% more than United Kingdom	$20,354.36 Ranked 7th.
GDP > Composition, by end use > Government consumption	21.3% Ranked 33th.	21.8% Ranked 28th. 2% more than Norway
GDP > Per $ GDP	$53,285.21 per $1 of GDP Ranked 4th. 52% more than United Kingdom	$35,046.59 per $1 of GDP Ranked 21st.
Spending > Household final consumption expenditure, etc. > Current US$	$201.98 billion Ranked 31st.	$1.62 trillion Ranked 6th. 8 times more than Norway
Entrepreneurship > Starting a Business > Index ranking	19 Ranked 136th. 2 times more than United Kingdom	9 Ranked 146th.
Gross domestic savings > Current US$	111.85 billion$ Ranked 14th.	284.42 billion$ Ranked 5th. 3 times more than Norway
GDP > Constant 2000 US$ per capita	39,968.74 constant 2000 US$ Ranked 2nd. 49% more than United Kingdom	26,891.7 constant 2000 US$ Ranked 11th.
GNI > Current US$ per capita	64,270.82$ Ranked 1st. 72% more than United Kingdom	37,303.51$ Ranked 10th.
Gross Domestic Product > GDP > Size of GDP > GDP per capita	$53,476.60 US dollars, current price Ranked 2nd. 50% more than United Kingdom	$35,668.88 US dollars, current price Ranked 13th.
Trade > Exports	$137.00 billion Ranked 30th.	$405.60 billion Ranked 10th. 3 times more than Norway
Purchasing power parity > GDP > PPP > Current international $	$268.73 billion Ranked 38th.	$2.26 trillion Ranked 8th. 8 times more than Norway
Public expenditure > Social expenditure > Public social expenditure	21.6% Ranked 12th. 1% more than United Kingdom	21.3% Ranked 13th.
Gross national expenditure > Constant 2000 US$ per capita	34,887.55 constant 2000 US$ Ranked 2nd. 24% more than United Kingdom	28,171.15 constant 2000 US$ Ranked 3rd.
Entrepreneurship > Hiring and Firing > Index ranking	46 Ranked 108th. 3 times more than United Kingdom	15 Ranked 139th.
Income > GDP, PPP > Current international $ per capita	$65,639.83 Ranked 4th. 75% more than United Kingdom	$37,455.93 Ranked 22nd.
Total > Reserves in months of imports	5.74 Ranked 23th. 10 times more than United Kingdom	0.55 Ranked 127th.
Imports > Commodities	machinery and equipment, chemicals, metals, foodstuffs	manufactured goods, machinery, fuels; foodstuffs
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults	52.82 Ranked 52nd.	124.28 Ranked 9th. 2 times more than Norway
Government > Revenue > Tax > Overall tax burden	56.7% Ranked 1st. 39% more than United Kingdom	40.9% Ranked 13th.
Inflation > Consumer price index > 2005 = 100	114.16 Ranked 162nd.	122.99 Ranked 124th. 8% more than Norway
GDP > Constant LCU	1626459000000	1070350000000
Gross domestic savings > Current US$ > Per $ GDP	378.51$ per $1,000 of GDP Ranked 18th. 3 times more than United Kingdom	129.35$ per $1,000 of GDP Ranked 89th.
Poverty and inequality > Inequality adjusted income index	0.797 Ranked 2nd. 12% more than United Kingdom	0.709 Ranked 18th.
Trade > Export growth	2.81 Ranked 94th.	-5.28 Ranked 111th.
Welfare > Revenue, excluding grants > Current LCU	1.36 trillion Ranked 23th. 2 times more than United Kingdom	558.34 billion Ranked 40th.
Welfare > Social contributions > Current LCU	260.97 billion Ranked 16th. 2 times more than United Kingdom	123.04 billion Ranked 25th.
Labor force per thousand people	0.000423 Ranked 147th.	0.000505 Ranked 108th. 19% more than Norway
Business efficiency	76.16 Ranked 15th. 11% more than United Kingdom	68.52 Ranked 20th.
Trade > Imports > Imports of goods and services	137.31 billion Ranked 31st.	834.86 billion Ranked 4th. 6 times more than Norway
Debt > Government debt > Net government debt, share of GDP per million people	-35.045 IMF Ranked 97th.	1.31 IMF Ranked 57th.
GDP > Median household income (PPP)	$62,817.00 Ranked 3rd. 63% more than United Kingdom	$38,573.00 Ranked 21st.
Household final > Consumption expenditure per capita > Constant 2000 US$	17,953.87 constant 2000 US$ Ranked 4th.	18,129.09 constant 2000 US$ Ranked 3rd. 1% more than Norway
Public institution index	6.35 Ranked 5th. 2% more than United Kingdom	6.23 Ranked 7th.
GNI > Atlas method > Current US$ per capita	60,889.4$ Ranked 1st. 61% more than United Kingdom	37,737.52$ Ranked 10th.
Income > Household final consumption expenditure, PPP > Constant 2005 international $	$105.25 billion Ranked 46th.	$1.29 trillion Ranked 8th. 12 times more than Norway
Income > GNI, PPP > Current international $	$336.06 billion Ranked 37th.	$2.36 trillion Ranked 9th. 7 times more than Norway
Income > GDP, PPP > Current international $	$329.44 billion Ranked 41st.	$2.37 trillion Ranked 9th. 7 times more than Norway
Currency > Monetary unit	1 Norwegian krone = 100 ore	1 pound sterling = 100 pence
Budget > Expenditures > Per $ GDP	$0.44 per $1 of GDP Ranked 27th.	$0.46 per $1 of GDP Ranked 22nd. 4% more than Norway
Aid > Untied given per million people	$597.54 million Ranked 1st. 12 times more than United Kingdom	$49.39 million Ranked 17th.
Taxes and other revenues	58% of GDP Ranked 5th. 44% more than United Kingdom	40.4% of GDP Ranked 37th.
Patents granted	103 per million people Ranked 15th. 26% more than United Kingdom	82 per million people Ranked 18th.
Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U	$160.69 billion Ranked 26th.	$588.60 billion Ranked 7th. 4 times more than Norway
Balance of payments > Financial > Reserves	17.07 billion Ranked 7th.	-9,559,688,323.44 Ranked 130th.
Balance of payments > Current account > Balances > Current account balance > Current US$	$50.12 billion Ranked 4th.	$-27,060,601,906.50 Ranked 136th.
Foreign direct investment > FDI > FDI flows and stocks > Inward FDI stocks	$99,493.00 Million US dollars Ranked 18th.	$1.13 million Million US dollars Ranked 2nd. 11 times more than Norway
Oil > Proved reserves	5.67 billion bbl Ranked 22nd. 98% more than United Kingdom	2.86 billion bbl Ranked 29th.
Companies > Ease of doing business index > 1=most business-friendly regulations	9 Ranked 180th.	10 Ranked 179th. 11% more than Norway
Natural gas > Production	106.3 billion cu m Ranked 6th. 89% more than United Kingdom	56.3 billion cu m Ranked 13th.
GDP deflator	117.05 Ranked 135th. 4% more than United Kingdom	112.98 Ranked 142nd.
New businesses registered > Number	18,082 Ranked 32nd.	449,700 Ranked 2nd. 25 times more than Norway
Oil > Consumption	221,300 bbl/day Ranked 52nd.	1.62 million bbl/day Ranked 14th. 7 times more than Norway
Tourism > International tourism, receipts > Current US$	$6.40 billion Ranked 40th.	$45.94 billion Ranked 7th. 7 times more than Norway
Electricity > Consumption	115.6 billion kWh Ranked 21st.	344.7 billion kWh Ranked 9th. 3 times more than Norway
Spending > Final consumption expenditure > Constant 2000 US$ per capita	$45,885.91 Ranked 1st. 41% more than United Kingdom	$32,457.98 Ranked 8th.
Tax > GDP > Current US$	$499.67 billion Ranked 23th.	$2.47 trillion Ranked 7th. 5 times more than Norway
Currency > GDP > Constant 2000 US$ per capita	$65,656.95 Ranked 3rd. 74% more than United Kingdom	$37,790.26 Ranked 15th.
Portfolio investment > Excluding LCFAR > BoP > Current US$	-66,059,200,000 BoP $ Ranked 108th.	-521,221,300,000 BoP $ Ranked 118th. 8 times more than Norway
Net trade in goods and services > BoP > Current US$	51.49 billion BoP $ Ranked 7th.	-82,281,890,000 BoP $ Ranked 136th.
Net capital account > BoP > Current US$	-198,686,600 BoP $ Ranked 106th.	6.05 billion BoP $ Ranked 2nd.
Budget > Expenditures > Per capita	$34,291.82 per capita Ranked 2nd. 68% more than United Kingdom	$20,386.26 per capita Ranked 13th.
Economic growth > Evolution of GDP > Real GDP growth	3.13% Ranked 16th. 4% more than United Kingdom	3.03% Ranked 18th.
GDP > Composition, by end use > Investment in inventories	4.5% Ranked 10th. 15 times more than United Kingdom	0.3% Ranked 100th.
Taxes > Taxes on the average worker > Taxes on the average worker	37.53% Ranked 18th. 10% more than United Kingdom	34.11% Ranked 20th.
Purchasing power parity > GNI > PPP > Current international $	$264.93 billion Ranked 37th.	$2.30 trillion Ranked 8th. 9 times more than Norway
Debt > External > Per $ GDP	$1,126.51 per $1,000 of GDP Ranked 17th.	$3,530.89 per $1,000 of GDP Ranked 2nd. 3 times more than Norway
GNI > PPP > Current international $	192.56 billion PPP $ Ranked 43th.	2.05 trillion PPP $ Ranked 6th. 11 times more than Norway
Investment > Foreign investment > Commitment to Development Index (investment)	6.1 Ranked 4th.	6.3 Ranked 3rd. 3% more than Norway
Trade > With US > US imports of bauxite and aluminum per 1000	2.07 Ranked 21st. 4 times more than United Kingdom	0.487 Ranked 40th.
High-technology > Exports > Current US$	$5.73 billion Ranked 29th.	$61.77 billion Ranked 9th. 11 times more than Norway
Stock of direct foreign investment > Abroad	$241.30 billion Ranked 22nd.	$1.81 trillion Ranked 2nd. 7 times more than Norway
Oil > Exports per thousand people	452.29 bbl/day Ranked 5th. 21 times more than United Kingdom	21.21 bbl/day Ranked 34th.
Overall productivity > PPP	$59,443.80 Ranked 6th. 17% more than United Kingdom	$50,825.40 Ranked 21st.
Deposit interest rate	1.83% Ranked 131st.	4.48% Ranked 119th. 2 times more than Norway
Final > Consumption expenditure > Etc. > Current US$	183.66 billion$ Ranked 22nd.	1.91 trillion$ Ranked 2nd. 10 times more than Norway
GDP > Constant 2000 US$ > Per capita	39,968.66 constant 2000 US$ per c Ranked 2nd. 49% more than United Kingdom	26,890.72 constant 2000 US$ per c Ranked 11th.
Gross National Income > Constant LCU	1747644000000	1098318000000
National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$	$40,935.94 Ranked 2nd. 50% more than United Kingdom	$27,259.20 Ranked 12th.
Income > GDP per capita, PPP > Constant 2005 international $	$47,546.57 Ranked 5th. 46% more than United Kingdom	$32,671.24 Ranked 19th.
Scientific and technical journals > Articles published	4,078.9 Ranked 27th.	47,121.3 Ranked 5th. 12 times more than Norway
Net income > BoP > Current US$	1.04 billion BoP $ Ranked 11th.	54.81 billion BoP $ Ranked 2nd. 52 times more than Norway
Goods imports > BoP > Current US$	54.22 billion BoP $ Ranked 34th.	509.35 billion BoP $ Ranked 4th. 9 times more than Norway
Foreign direct investment > Net > BoP > Current US$ > Per capita	-2,370,479.96 BoP $ per 1,000 people Ranked 132nd.	917,640.74 BoP $ per 1,000 people Ranked 10th.
GDP per unit of energy use	5.87 PPP 2000 $/kg of oil eq. Ranked 43th.	7.25 PPP 2000 $/kg of oil eq. Ranked 24th. 24% more than Norway
Oil > Consumption per thousand people	45.26 bbl/day Ranked 35th. 74% more than United Kingdom	26.05 bbl/day Ranked 66th.
Budget > Revenues > Per $ GDP	$0.65 per $1 of GDP Ranked 3rd. 51% more than United Kingdom	$0.43 per $1 of GDP Ranked 30th.
Natural gas > Production per capita	21,741.57 cu m Ranked 3rd. 24 times more than United Kingdom	904.11 cu m Ranked 16th.
International tourism > Expenditures for travel items > Current US$	$15.93 billion Ranked 15th.	$69.79 billion Ranked 4th. 4 times more than Norway
Researchers in RandD > Per million people	4,587.34 per million people Ranked 7th. 70% more than United Kingdom	2,705.99 per million people Ranked 9th.
Innovation > Research and development personnel > By sector > Business enterprise sector per thousand people	3.49 Ranked 7th. 2 times more than United Kingdom	1.45 Ranked 15th.
Government spending > Subsidies and other transfers > Current LCU	652.14 billion Ranked 25th. 81% more than United Kingdom	361.03 billion Ranked 34th.
Government spending > Subsidies and other transfers > Current LCU per capita	131,663.95 Ranked 14th. 23 times more than United Kingdom	5,753.21 Ranked 56th.
Tax > Components of taxation > Property tax	2.4% Ranked 16th.	11.9% Ranked 1st. 5 times more than Norway
Currency > DEC alternative conversion factor > LCU per US$	6.44	0.55
Labor force > By occupation > Industry	21.1% Ranked 67th. 16% more than United Kingdom	18.2% Ranked 100th.
Stocks traded > Total value > Current US$	194.79 billion$ Ranked 21st.	4.17 trillion$ Ranked 3rd. 21 times more than Norway
GDP > Composition, by end use > Investment in fixed capital	20.6% Ranked 110th. 44% more than United Kingdom	14.3% Ranked 169th.
Trade > Exports > Goods and services	47% Ranked 49th. 74% more than United Kingdom	27% Ranked 110th.
Royalty and license fees > Payments > BoP > Current US$	546.32 million BoP $ Ranked 29th.	9.07 billion BoP $ Ranked 4th. 17 times more than Norway
Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP	0.276 BoP $ per $1 of GDP Ranked 113th.	0.305 BoP $ per $1 of GDP Ranked 104th. 11% more than Norway
Foreign direct investment > Net > BoP > Current US$	-10,959,440,000 BoP $ Ranked 128th.	55.27 billion BoP $ Ranked 3rd.
Stock of direct foreign investment > At home per capita	$51,166.91 Ranked 7th. 2 times more than United Kingdom	$20,892.80 Ranked 15th.
Economic aid > Donor per capita	$619.52 Ranked 1st. 3 times more than United Kingdom	$202.95 Ranked 8th.
Spending > Household final consumption expenditure > Constant 2000 US$ per capita	$31,848.98 Ranked 2nd. 32% more than United Kingdom	$24,119.89 Ranked 6th.
Spending > Final consumption expenditure > Constant 2000 US$	$230.30 billion Ranked 26th.	$2.05 trillion Ranked 6th. 9 times more than Norway
Reserves > Total reserves minus gold > Current US$	$51.86 billion Ranked 29th.	$88.60 billion Ranked 20th. 71% more than Norway
Savings > Gross domestic savings > Current US$	$191.21 billion Ranked 21st.	$310.41 billion Ranked 15th. 62% more than Norway
World Bank exchange rate	6.29 Ranked 97th. 10 times more than United Kingdom	0.64 Ranked 167th.
Trade > Exports > Goods	67.52 billion Ranked 31st.	484.91 billion Ranked 7th. 7 times more than Norway
Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country	138.03 Ranked 115th. 10% more than United Kingdom	125.3 Ranked 135th.
Balance of payments > Current account > Balances > Net trade in goods > US$	$54.40 billion Ranked 5th.	$-128,538,678,232.63 Ranked 141st.
Electricity > Production	129.9 billion kWh Ranked 22nd.	346 billion kWh Ranked 11th. 3 times more than Norway
Electricity > Imports per capita	1,860.33 kWh Ranked 6th. 40 times more than United Kingdom	46.29 kWh Ranked 49th.
Gender income ratio	0.64% Ranked 9th. 5% more than United Kingdom	0.61% Ranked 18th.
Gross national expenditure > Current US$ > Per $ GDP	0.828$ per $1 of GDP Ranked 128th.	1.04$ per $1 of GDP Ranked 81st. 25% more than Norway
Household final > Consumption expenditure > Constant 2000 US$ per capita	17,953.91 constant 2000 US$ Ranked 4th.	18,129.76 constant 2000 US$ Ranked 3rd. 1% more than Norway
Gross fixed capital formation > Current US$ per capita	11,963.28$ Ranked 4th. 97% more than United Kingdom	6,076.68$ Ranked 16th.
Patent applications > Residents	1,223 Ranked 22nd.	16,523 Ranked 7th. 14 times more than Norway
GNI > Atlas method > Current US$ > Per capita	60,889.28$ per capita Ranked 1st. 61% more than United Kingdom	37,736.15$ per capita Ranked 10th.
Income > GDP, PPP > Constant 2005 international $ per capita	$47,546.57 Ranked 5th. 46% more than United Kingdom	$32,671.24 Ranked 19th.
Income > GNI, PPP > Constant 2005 international $	$243.78 billion Ranked 41st.	$2.06 trillion Ranked 8th. 8 times more than Norway
Income > GNI per capita, PPP > Constant 2005 international $	$48,572.17 Ranked 2nd. 49% more than United Kingdom	$32,574.04 Ranked 15th.
International tourism > Receipts > Current US$	3.88 billion$ Ranked 35th.	39.57 billion$ Ranked 3rd. 10 times more than Norway
Terms of trade	86 Ranked 44th.	101 Ranked 34th. 17% more than Norway
Oil > Production per thousand people	436.47 bbl/day Ranked 4th. 20 times more than United Kingdom	22.37 bbl/day Ranked 34th.
Gross savings > Current US$ per capita	23,861.44$ Ranked 1st. 5 times more than United Kingdom	5,173.72$ Ranked 15th.
Innovation > Patent applications, nonresidents per million	132.04 Ranked 17th. 20% more than United Kingdom	110.21 Ranked 20th.
Innovation > Patent applications, residents	1,122 Ranked 29th.	15,343 Ranked 8th. 14 times more than Norway
Trade > Exports > Export growth in USD	200.12 Ranked 84th. 55% more than United Kingdom	129.49 Ranked 121st.
Innovation > Scientific and technical journal articles	4,440 Ranked 28th.	45,648.8 Ranked 5th. 10 times more than Norway
GDP > PPP > Current international $ per capita	41,420 PPP $ Ranked 3rd. 25% more than United Kingdom	33,239.42 PPP $ Ranked 12th.
Welfare > Revenue, excluding grants > Current LCU per capita	274,767.98 Ranked 17th. 31 times more than United Kingdom	8,897.53 Ranked 65th.
Micro > Small and medium enterprises > Number per 1000	68.4 Ranked 4th.	73.75 Ranked 4th. 8% more than Norway
Transnational corporations > Affiliates	3,100 Ranked 25th. 16% more than United Kingdom	2,683 Ranked 28th.
Tax > Social security contributions	17.36% Ranked 39th.	21.13% Ranked 34th. 22% more than Norway
Tax > Taxes on income > Profits and capital gains > Current LCU	427.2 billion Ranked 17th. 2 times more than United Kingdom	207.43 billion Ranked 24th.
Tax > Components of taxation > Social security > Employees contribution	7.7% Ranked 17th. 13% more than United Kingdom	6.8% Ranked 19th.
Oil > Imports per thousand people	24.48 bbl/day Ranked 52nd. 4% more than United Kingdom	23.46 bbl/day Ranked 54th.
Oil > Imports	118,200 bbl/day Ranked 57th.	1.45 million bbl/day Ranked 12th. 12 times more than Norway
Imports > Partners	Sweden 13.6%, Germany 12.4%, China 9.3%, Denmark 6.3%, UK 6.1%, US 5.4%	Germany 12.6%, China 8%, Netherlands 7.5%, US 6.7%, France 5.4%, Belgium 4.4%, Norway 4%
Electricity > Production per capita	26,901.51 kWh Ranked 2nd. 5 times more than United Kingdom	5,597.71 kWh Ranked 31st.
Market value of publicly traded shares	$219.20 billion Ranked 28th.	$3.11 trillion Ranked 4th. 14 times more than Norway
GDP growth > Duration 1975-2000	2.6% Ranked 34th. 30% more than United Kingdom	2% Ranked 45th.
Gross Domestic Product > GDP > Size of GDP > Gross domestic product per million	$52.12 Billion US dollars, curre Ranked 2nd. 49% more than United Kingdom	$35.08 Billion US dollars, curre Ranked 12th.
Trade balance with US	$-749,300,000.00 Ranked 198th.	$-1,454,200,000.00 Ranked 202nd. 94% more than Norway
Merchandise > Exports > Current US$	103.78 billion$ Ranked 27th.	382.76 billion$ Ranked 7th. 4 times more than Norway
Services > Etc. > Value added > Constant 2000 US$	91.52 billion constant 2000 US$ Ranked 22nd.	1.05 trillion constant 2000 US$ Ranked 2nd. 11 times more than Norway
Household final > Consumption expenditure > Current US$	123.51 billion$ Ranked 22nd.	1.44 trillion$ Ranked 2nd. 12 times more than Norway
Household final > Consumption expenditure > Etc. > Constant 2000 US$ per capita	18,248.93 constant 2000 US$ Ranked 2nd. About the same as United Kingdom	18,175.35 constant 2000 US$ Ranked 3rd.
Gross fixed capital formation > Current US$	55.31 billion$ Ranked 18th.	365.96 billion$ Ranked 4th. 7 times more than Norway
Gross national expenditure > Constant 2000 US$	161.3 billion constant 2000 US$ Ranked 18th.	1.7 trillion constant 2000 US$ Ranked 1st. 11 times more than Norway
Trade > Exports > Goods and services > Constant 2000 US$	82.43 billion constant 2000 US$ Ranked 21st.	466.3 billion constant 2000 US$ Ranked 3rd. 6 times more than Norway
Household final > Consumption expenditure > Current US$ > Per capita	26,714.38$ per capita Ranked 3rd. 12% more than United Kingdom	23,829.44$ per capita Ranked 4th.
Research and development spending	1.7% Ranked 16th.	1.8% Ranked 15th. 6% more than Norway
Aid > Untied given	$2,959.67 million Ranked 6th.	$3,099.12 million Ranked 5th. 5% more than Norway
Tax > Time to prepare and pay taxes > Hours	87 Ranked 157th.	110 Ranked 151st. 26% more than Norway
Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$	$7.57 billion Ranked 7th.	$-646,180,963.40 Ranked 101st.
Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo	$187.78 billion Ranked 25th.	$862.44 billion Ranked 5th. 5 times more than Norway
Commercial service imports > Current US$	27.21 billion$ Ranked 23th.	155.86 billion$ Ranked 3rd. 6 times more than Norway
Trade > Imports of goods > Services and income > BoP > Current US$ per capita	21,248.5 BoP $ Ranked 12th. 34% more than United Kingdom	15,853.99 BoP $ Ranked 16th.
Royalty and license fees > Payments > BoP > Current US$ per capita	118.17 BoP $ Ranked 11th.	150.58 BoP $ Ranked 9th. 27% more than Norway
Foreign direct investment > Net > BoP > Current US$ > Per $ GDP	-37.086 BoP $ per $1,000 of GDP Ranked 122nd.	25.14 BoP $ per $1,000 of GDP Ranked 57th.
Commercial service imports > Current US$ > Per capita	5,885.2$ per capita Ranked 8th. 2 times more than United Kingdom	2,587.92$ per capita Ranked 22nd.
Net income > BoP > Current US$ per million	225.95 million BoP $ Ranked 10th.	910.16 million BoP $ Ranked 5th. 4 times more than Norway
Natural gas > Proved reserves per capita	411,662.38 cu m Ranked 6th. 101 times more than United Kingdom	4,079.52 cu m Ranked 55th.
Natural gas > Consumption	6.6 billion cu m Ranked 34th.	94.28 billion cu m Ranked 7th. 14 times more than Norway
Natural gas > Proved reserves	2.04 trillion cu m Ranked 17th. 8 times more than United Kingdom	256 billion cu m Ranked 39th.
External debt > Date of information	30 June 2006	30 June 2006
Micro > Small and medium enterprises > Per 1,000 people	68.4 per 1,000 people Ranked 5th.	73.79 per 1,000 people Ranked 4th. 8% more than Norway
Tourism > International tourism, receipts for travel items > Current US$ per capita	$1,074.08 Ranked 32nd. 92% more than United Kingdom	$559.42 Ranked 56th.
Tourism > International tourism, number of departures	3.4 million Ranked 44th.	56.84 million Ranked 5th. 17 times more than Norway
Tourism > International tourism, expenditures > Current US$	$17.24 billion Ranked 21st.	$64.63 billion Ranked 5th. 4 times more than Norway
Companies > Ease of doing business index > 1=most business-friendly regulations per million	1.39 Ranked 153th. 8 times more than United Kingdom	0.174 Ranked 183th.
Gross Domestic Product > GDP > Size of GDP > Gross domestic product	$251.66 Billion US dollars, curre Ranked 20th.	$2,168.06 Billion US dollars, curre Ranked 4th. 9 times more than Norway
Public expenditure > Health expenditure > Total expenditure on health	8.7% Ranked 16th. 4% more than United Kingdom	8.4% Ranked 19th.
Economic growth > Inflation > GDP deflator	2.24% Ranked 20th.	2.88% Ranked 14th. 29% more than Norway
International tourism > Receipts for travel items > Current US$	$4.63 billion Ranked 41st.	$36.42 billion Ranked 8th. 8 times more than Norway
Tourism receipts > International > Per $ GDP	$13.14 per $1,000 of GDP Ranked 124th.	$17.97 per $1,000 of GDP Ranked 105th. 37% more than Norway
Trade > Tariffs > Binding coverage > All products	99.98% Ranked 4th. The same as United Kingdom	99.98% Ranked 12th.
GDP > PPP > Current international $ > Per capita	41,419.92 PPP $ per capita Ranked 3rd. 25% more than United Kingdom	33,238.21 PPP $ per capita Ranked 12th.
GDP > PPP > Constant 2000 international $ > Per capita	36,849.5 PPP 2000 $ per capita Ranked 3rd. 25% more than United Kingdom	29,570.6 PPP 2000 $ per capita Ranked 12th.
Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate	1.78% Ranked 97th.	2.73% Ranked 127th. 53% more than Norway
Patent applications > Nonresidents	4,843 Ranked 11th.	8,582 Ranked 9th. 77% more than Norway
International tourism > Expenditures > Current US$	8.79 billion$ Ranked 16th.	73.79 billion$ Ranked 3rd. 8 times more than Norway
Trade > Exports > Per $ GDP	$0.40 per $1 of GDP Ranked 55th. 2 times more than United Kingdom	$0.19 per $1 of GDP Ranked 117th.
Tax > Tax payments > Number per million	0.797 Ranked 136th. 6 times more than United Kingdom	0.127 Ranked 177th.
Purchasing power parity > GDP > PPP > Constant 2005 international $	$230.13 billion Ranked 41st.	$1.99 trillion Ranked 7th. 9 times more than Norway
Trade > Exports > Export growth	102.9 Ranked 102nd. 3% more than United Kingdom	99.5 Ranked 107th.
Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $	$9.67 Ranked 69th. 14 times more than United Kingdom	$0.67 Ranked 144th.
Tourism expenditures > International	$8.79 billion Ranked 16th.	$68.78 billion Ranked 3rd. 8 times more than Norway

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbooks 2010, 2011, 2012, 2013; Wikipedia: List of countries by public debt (List) (Public debt , The World Factbook , United States Central Intelligence Agency , accessed on March 21, 2013.); World Bank national accounts data, and OECD National Accounts data files.; CIA World Factbook 2010, 2011, 2012, 2013; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data, and OECD National Accounts data files. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; CIA World Factbooks 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Human Development Report 2006, United Nations Development Programme; World Tourism Organisation, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.; World Development Indicators database; All CIA World Factbooks 18 December 2003 to 18 December 2008; International Monetary Fund, International Financial Statistics. World Bank World Development Indicators.; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/jsp/index.jsp).; . 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.; KPMG's Individual Income Tax and Social Security Rate Survey 2009 (www.kpmg.com), and PricewaterhouseCoopers's Worldwide Tax Summaries Online (www.pwc.com).; World economic forum - Global Competitiveness Report 2004-2005; United Nations Development Programme. Source tables; The Economist.; CIA World Factbook 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; http://hdr.undp.org/sites/default/files/reports/14/hdr2013_en_complete.pdf, United Nations Development Programme, 2013. Table 3, p. 152 ff.; International Monetary Fund, International Financial Statistics and data files. World Bank World Development Indicators.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; World Bank national accounts data, and OECD National Accounts data files.; British Broadcasting Corporation 2014; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data; World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Finance Corporation's micro, small, and medium-size enterprises database (http://www.ifc.org/ifcext/sme.nsf/Content/Resources).; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau; Wikipedia: List of countries by public debt (List); International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators.; OECD; The Heritage Foundation; Global Stock Markets Factbook; Wikipedia: List of countries by corporate governance; World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division; Global Stock Markets Factbook. 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.; KPMG's Corporate and Indirect Tax Rate Survey 2009 (www.kpmg.com), and PricewaterhouseCoopers's Worldwide Tax Summaries Online (www.pwc.com).; United Nations, Comtrade database.; World Bank, Doing Business project (http://www.doingbusiness.org/).; OECD Revenue Statistics; International Monetary Fund, International Financial Statistics and data files.; Wikipedia: List of sovereign states by external assets. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank, International Comparison Program database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank, International Comparison Program database.; OECD Country statistical profiles 2009; OECD; United Nations Statistics Division. Source tables. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; The World Bank. Source tables; Wikipedia: Organisation for Economic Co-operation and Development (Indicators) ("World Development Indicators" . World Bank . 2013-07-01 . Retrieved 2013-07-03 .); World Intellectual Property Organization (WIPO), World Intellectual Property Indicators and www.wipo.int/econ_stat. The International Bureau of WIPO assumes no responsibility with respect to the transformation of these data. 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.; Wikipedia: List of countries by public debt (List) (Government net & gross debt 2013 , International Monetary Fund , April 2013 World Economic Outlook Databse.); United Nations Statistics Division. Source tables; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; https://www.allianz.com/v_1380187782000/media/economic_research/publications/specials/en/AGWR2013e.pdf, August 2013, p. 115.; International Monetary Fund, International Financial Statistics and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank. 2005. World Development Indicators 2005. 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.; OECD. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Development Programme. Source tables; World Bank. 2005. World Development Indicators 2005.; US Census Bureau; Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization; Wikipedia: List of countries by central bank interest rates (https://www.cia.gov/library/publications/the-world-factbook/rankorder/2207rank.html http://www.worldinterestrates.info/ http://www.forexmotion.com/index.php/en/exchange-rates.html); United Nations Development Program. Human Development Report 2001. New York: Oxford University Press,2001, Table A2.1. via ciesin.org; Wikipedia: List of countries with IKEA stores; United Nations Statistics Division. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; All CIA World Factbooks 18 December 2003 to 18 December 2008. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Health Organization National Health Account database (see http://apps.who.int/nha/database/DataExplorerRegime.aspx for the most recent updates).; United Nations Statistics Division. Source tables. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; Smeeding, Timothy M., Lee Rainwater and Gary Burtless. 2000. "United States Poverty in a Cross-National Context." In Sheldon H. Danziger and Robert H. Haveman, eds., Understanding Poverty. New York: Russell Sage Foundation; and Cambridge, MA: Harvard University Press; Porter, Michael E. and Scott Stern, National Innovative Capacity, Chapter 2.2 in Porter, Michael, and JeffreySachs (eds.), The Global Competitiveness Report 2001-2002, New York: Oxford University Press, 2001, p.104. via ciesin.org; Doing Business, Economy Rankings, 2005.; International Monetary Fund, Financial Access Survey. World Bank World Development Indicators.; Wikipedia: Tax Freedom Day (Tax Freedom Days for countries by date); IMD International, 2005; United Nations Statistics Division. Source tables; Wikipedia: List of countries by public debt (List) (Government net & gross debt 2013 , International Monetary Fund , April 2013 World Economic Outlook Databse.). Population figures from World Bank: (1) United Nations Population Division. 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.; Wikipedia: Median household income (International statistics) (http://data.worldbank.org/indicator/PA.NUS.PPPC.RF?order=wbapi_data_value_2012+wbapi_data_value+wbapi_data_value-last&sort=desc); World economic forum - Global Competitiveness Report 2004-2005; United Nations Statistics Division. Source tables. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; WIPO (World Intellectual Property Organization). 2001. Intellectual Property Statistics. Publication A. Geneva; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; cgdev.org/cdi; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau. 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.; IMD International; National Science Foundation, Science and Engineering Indicators.; UNESCO Institute for Statistics. Source tables. 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World Development Indicators 2002. CD-ROM. Washington, DC; World Intellectual Property Organization (WIPO), World Intellectual Property Indicators and www.wipo.int/econ_stat. The International Bureau of WIPO assumes no responsibility with respect to the transformation of these data.; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; World Investment Report 2001, United Nations Conference on Trade and Development (UNCTAD); International Monetary Fund, Government Finance Statistics Yearbook and data files.; World Bank. 2002. Correspondence on GDP per capita annual growth rates. March. Washington, DC; OECD Country statistical profiles 2009. 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. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; aggregates calculated for the Human Development Report Office by the World Bank; United Nations Statistics Division. Source tables; Wikipedia: List of countries by external debt; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organisation.

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