Nominal GDP Flashcards
US
18,5T (24,7% world economy, ranked 1st)
China
11,4T (15,1% world economy, ranked 2nd)
Japan
4,7T (6,3% world economy, ranked 3rd)
Germany
3,5T (4,65% of world economy, ranked 4th)
UK
2,65T
France
2,5T
India
2,25T
Italy
1,85T
Brazil
1,77T
Canada
1,53T
Korea
1,40T
Russia
1,27T
Australia
1,26T
Spain
1,25T (1,66% world economy, ranked 14th)
Mexico
1,06T (1,41% world economy, ranked 15th)
Indonesia
940B (1,25% world economy, 16th on world ranking)
Netherlands
769B (1,02% of world economy, ranked 17th)
Gross Project World production (nominal GDP), 2016
75,21T
Global GDP, PPP
119,1T (1,58 times greater than nominal GDP)
Nominal GDP vs PPP GDP in US
Same number (but in 158 countries PPP is a higher number)
Top 5 economies, name them and their total contribution to World GDP
In total 54,28% of the world economy. Economies top-5:
- US
- China
- Japan
- Germany
- UK
Bottom … countries make up only 1% of the global economy, and bottom … make up 10% of global economy
Bottom 91 economies make up 1%, bottom 153 (out of 190) make up 10%.
The Netherlands’ economy is …x bigger than that of Belgium, and …x smaller than Germany.
1,63 times bigger than Belgium, and 4,5 times smaller than Germany.
Turkey
735B, 18th