World economy

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File:World GDP per capita 1500 to 2003.svg
World GDP per capita between 1500 and 2003

Template:World economy The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services.[1][2] In some contexts, the two terms are distinct: the "international" or "global economy" is measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange, the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of planet Earth.

It is common to limit questions of the world economy exclusively to human economic activity, and the world economy is typically judged in monetary terms, even in cases in which there is no efficient market to help valuate certain goods or services, or in cases in which a lack of independent research, genuine data or government cooperation makes calculating figures difficult. Typical examples are illegal drugs and other black market goods, which by any standard are a part of the world economy, but for which there is, by definition, no legal market of any kind.

Even in cases in which there is a clear and efficient market to establish monetary value, economists do not typically use the current or official exchange rate to translate the monetary units of this market into a single unit for the world economy since exchange rates typically do not closely reflect worldwide value – for example, in cases where the volume or price of transactions is closely regulated by the government. Rather, market valuations in a local currency are typically translated to a single monetary unit using the idea of purchasing power. This is the method used below, which is used for estimating worldwide economic activity in terms of real United States dollars or euros; however, the world economy can be evaluated and expressed in many more ways. For example, it is unclear how many of the world's 7.8 billion people, since March 2020Template:Dated maintenance category (articles)Script error: No such module "Check for unknown parameters".,[3][4] have most of their economic activity reflected in these valuations.

Until the middle of the 19th century, global output was dominated by China and India. Waves of the Industrial Revolution in Western Europe and Northern America shifted the shares to the Western Hemisphere. As of 2025, the following 12 countries and 2 collectives account for at least 2.0% of global economy by either Gross Domestic Product (GDP) in nominal or Purchasing Power Parity (PPP) terms: Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Russia, the United Kingdom, the United States, the European Union and the African Union.[5][6]

Between 1820 and 2000, global income inequality increased with almost 50%; however, this change occurred mostly before 1950. Afterwards, the level of inequality remained mostly stable. It is important to differentiate between between-country inequality, which was the driving force for this pattern, and within country inequality, which remained largely constant.[7] Global income inequality peaked approximately in the 1970s, when world income was distributed bimodally into "rich" and "poor" countries with little overlap. Since then, inequality has been rapidly decreasing, and this trend seems to be accelerating. Income distribution is now unimodal, with most people living in middle-income countries.[8]

In the 2000s, a study by the World Institute for Development Economics Research at United Nations University found that the richest 1% of adults owned 40% of global assets, and that the richest 10% of adults accounted for 85% of the world total. The bottom half of the world adult population owned barely 1% of global wealth. Oxfam International reported that the richest 1 percent of people owned 48 percent of global wealth since 2013Template:Dated maintenance category (articles)Script error: No such module "Check for unknown parameters".,[9] and would own more than half of global wealth by 2016.[10] In 2014, Oxfam reported that the 85 wealthiest individuals in the world had a combined wealth equal to that of the bottom half of the world's population, or about 3.5 billion people.[11][12][13][14][15] Despite high levels of government investment, the global economy decreased by 3.4% in 2020 in the midst of the COVID-19 pandemic,[16] an improvement from the World Bank's initial prediction of a 5.2 percent decrease.[17] Cities account for 80% of global GDP, thus they faced the brunt of this decline.[18][19] The world economy increased again in 2021 with an estimated 5.5 percent rebound.[20]

Overview

World economy by country groups

Template:Static row numbers

Country group List of country groups by GDP (nominal) in 2025 (or at peaked level) List of country groups by GDP (PPP) in 2025 (or at peaked level) Number of countries Major economies
Value
(in millions of US$)
Share of Global GDP Value
(in millions of US$)
Share of Global GDP
Emerging and developing Asia
(Continents: Asia and Oceania)
27,821,017 23.8% 73,419,080 35.1% 30 Script error: No such module "flag".
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Major advanced economies (G7)
(Continents: Europe, North America and Asia)
52,056,759 44.4% 58,959,130 28.2% 7 Script error: No such module "flag".
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Other advanced economies
(advanced economies excluding the G7)
(Continents: Europe, Asia, Oceania and North America)
16,541,860 14.1% 22,701,831 10.9% 35 Script error: No such module "flag".
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Emerging and developing Europe
(Continents: Europe and Asia)
6,463,042 5.5% 16,081,471 7.7% 15 Script error: No such module "flag".
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Middle East and Central Asia
(Continents: Asia and Africa)
5,200,632 4.4% 15,492,232 7.4% 32 Script error: No such module "flag".
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Latin America and the Caribbean
(Continents: South America and North America)
7,000,686 6.0% 14,894,519 7.1% 33 Script error: No such module "flag".
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Sub-Saharan Africa
(Continent: Africa)
2,081,399
(peaked at 2,224,418 in 2022)
1.8% 7,408,019 3.6% 45 Script error: No such module "flag".
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World 117,165,394 100.0% 208,956,282 100.0% 197

World economy by continent

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GDP sector composition (2019 estimate)[21][22]
Continent Agricultural Industrial Service
World 7,908.260 38,354.363 81,575.461
Asia 5,105.362 20,858.549 32,939.397
North America 292.467 5,008.594 18,426.200
Europe 838.199 8,175.402 20,598.902
South America 539.510 2,014.140 5,024.223
Africa 1,076.690 1,941.037 3,559.579
Oceania 56.032 356.641 1,027.160

Current world economic league table of largest economies in the world by GDP and share of global economic growth

The 30 largest economies by GDP (nominal), GDP (PPP), the highest peak GDP per capita (nominal) and the highest peak GDP per capita (PPP) as of 2025. Members of the G-20 major economies are in bold.
List of the 30 largest economies
by GDP (nominal) at their peak level as of 2025 in million US$
[5]
List of the 30 largest economies
by GDP (PPP) at their peak level as of 2025 in million Int$
[5]
List of the 30 economies by highest
GDP (nominal) per capita at their peak level as of 2025 in US$
[23]
List of the 30 economies by highest
GDP (PPP) per capita at their peak level as of 2025 in Int$
[24][25]
Rank Country Value Peak year
World[26] 117,165,394 2025
1 Script error: No such module "flag". 30,615,743 2025
Script error: No such module "flag".[26] 21,096,780 2025
2 Script error: No such module "flag". 19,231,705 2025
3 Script error: No such module "flag".[27] 6,272,363 2012
4 Script error: No such module "flag". 5,013,574 2025
5 Script error: No such module "flag". 4,125,213 2025
6 Script error: No such module "flag". 3,958,780 2025
7 Script error: No such module "flag". 3,361,557 2025
Template:Country data African Union[28] 3,191,052 2022
8 Script error: No such module "flag".[29] 2,616,156 2011
9 Script error: No such module "flag". 2,543,677 2025
10 Script error: No such module "flag". 2,540,656 2025
11 Script error: No such module "flag". 2,283,599 2025
12 Script error: No such module "flag". 1,942,314 2021
13 Script error: No such module "flag". 1,891,371 2025
14 Script error: No such module "flag". 1,862,740 2025
15 Script error: No such module "flag". 1,829,508 2025
16 Script error: No such module "flag". 1,565,471 2025
17 Script error: No such module "flag". 1,443,256 2025
18 Script error: No such module "flag". 1,320,635 2025
19 Script error: No such module "flag". 1,268,535 2025
20 Script error: No such module "flag". 1,039,619 2025
21 Script error: No such module "flag". 1,002,666 2025
22 Script error: No such module "flag". 884,387 2025
23 Script error: No such module "flag". 811,134 2014
24 Script error: No such module "flag". 722,130 2011
25 Script error: No such module "flag". 716,980 2025
26 Script error: No such module "flag". 708,771 2025
27 Script error: No such module "flag". 683,371 2025
28 Script error: No such module "flag". 662,318 2025
29 Script error: No such module "flag". 610,752 2025
30 Script error: No such module "flag". 596,298 2022
Rank Country Value Peak year
World[26] 208,956,282 2025
1 Script error: No such module "flag". 41,015,824 2025
2 Script error: No such module "flag". 30,615,743 2025
Script error: No such module "flag".[26] 29,239,754 2025
3 Script error: No such module "flag". 17,714,186 2025
Template:Country data African Union[30] 11,579,393 2025
4 Script error: No such module "flag". 7,143,093 2025
5 Script error: No such module "flag". 6,758,231 2025
6 Script error: No such module "flag". 6,153,741 2025
7 Script error: No such module "flag". 5,015,762 2025
8 Script error: No such module "flag". 4,973,385 2025
9 Script error: No such module "flag". 4,533,633 2025
10 Script error: No such module "flag". 4,454,716 2025
11 Script error: No such module "flag".[31] 3,767,230 2023
12 Script error: No such module "flag". 3,720,271 2025
13 Script error: No such module "flag". 3,436,930 2025
14 Script error: No such module "flag". 3,363,419 2025
15 Script error: No such module "flag". 2,828,510 2025
16 Script error: No such module "flag". 2,722,795 2025
17 Script error: No such module "flag". 2,688,520 2025
18 Script error: No such module "flag". 2,381,507 2025
19 Script error: No such module "flag". 2,254,167 2025
20 Script error: No such module "flag". 2,019,780 2025
21 Script error: No such module "flag". 1,990,268 2025
22 Script error: No such module "flag". 1,981,672 2025
23 Script error: No such module "flag". 1,878,892 2025
24 Script error: No such module "flag". 1,853,771 2025
25 Script error: No such module "flag". 1,807,050 2025
26 Script error: No such module "flag". 1,782,105 2025
27 Script error: No such module "flag". 1,671,381 2025
28 Script error: No such module "flag". 1,516,663 2025
29 Script error: No such module "flag". 1,490,164 2025
30 Script error: No such module "flag". 1,478,139 2025
Rank Country Value Peak year
1 Script error: No such module "flag". 256,581 2023
2 Script error: No such module "flag". 231,713 2025
3 Script error: No such module "flag". 146,818 2025
4 Script error: No such module "flag". 138,935 2024
5 Script error: No such module "flag". 129,132 2025
6 Script error: No such module "flag". 111,047 2025
7 Script error: No such module "flag". 109,270 2022
8 Script error: No such module "flag". 108,470 2012
9 Script error: No such module "flag". 98,150 2025
10 Script error: No such module "flag". 97,750 2023
11 Script error: No such module "flag". 94,481 2025
12 Script error: No such module "flag". 94,300 2021
13 Script error: No such module "flag". 89,599 2025
14 Script error: No such module "flag". 88,311 2014
15 Script error: No such module "flag". 79,110 2008
16 Script error: No such module "flag". 76,581 2025
17 Template:Flagicon Channel Islands 74,589 2023
18 Script error: No such module "flag". 73,174 2025
19 Script error: No such module "flag". 71,774 2023
20 Script error: No such module "flag". 68,481 2012
21 Script error: No such module "flag". 62,036 2025
22 Script error: No such module "flag". 61,694 2025
23 Script error: No such module "flag". 60,418 2025
24 Script error: No such module "flag". 60,009 2025
25 Script error: No such module "flag". 59,925 2025
26 Script error: No such module "flag". 58,499 2023
27 Script error: No such module "flag". 58,005 1980
28 Script error: No such module "flag". 56,844 2025
29 Script error: No such module "flag". 56,661 2025
30 Script error: No such module "flag". 56,358 2022
Rank Country Value Peak year
1 Script error: No such module "flag". 270,100 2024
2 Script error: No such module "flag". 210,600 2024
3 Script error: No such module "flag". 180,939 2012
4 Script error: No such module "flag". 156,969 2025
5 Script error: No such module "flag". 152,395 2025
6 Script error: No such module "flag". 149,794 2013
7 Script error: No such module "flag". 147,878 2025
8 Script error: No such module "flag". 123,150 2022
9 Script error: No such module "flag". 119,719 2024
10 Script error: No such module "flag". 104,995 2006
11 Script error: No such module "flag". 97,659 2025
12 Script error: No such module "flag". 94,472 2025
13 Script error: No such module "flag". 94,189 2025
14 Script error: No such module "flag". 91,435 2007
15 Script error: No such module "flag". 89,599 2025
16 Script error: No such module "flag". 86,689 2023
17 Script error: No such module "flag". 85,127 2025
18 Script error: No such module "flag". 84,763 2025
19 Script error: No such module "flag".[32] 84,600 2014
20 Script error: No such module "flag". 84,566 2025
21 Script error: No such module "flag". 82,886 2025
22 Script error: No such module "flag". 80,466 2025
23 Script error: No such module "flag". 78,919 2025
24 Script error: No such module "flag". 78,841 2023
25 Script error: No such module "flag". 78,711 2025
26 Script error: No such module "flag". 78,165 2023
27 Script error: No such module "flag". 75,882 2025
28 Script error: No such module "flag". 74,939 2024
29 Script error: No such module "flag". 74,852 2025
30 Script error: No such module "flag". 74,668 2025

Twenty largest economies in the world by nominal GDP

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The following is a list of the twenty largest economies by nominal GDP at peak value as of the specific year, according to the International Monetary Fund.[5]
Rank 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030
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Rank 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030
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Twenty largest economies in the world by GDP (PPP)

List of twenty largest economies by GDP based on purchasing power parity at peak value as of the specific year according to the International Monetary Fund and the CIA World Factbook.[5][33]
Rank 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030
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Rank 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030
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Statistical indicators

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Finance

File:Map of countries by GDP (PPP) per capita in 2021.svg
Countries or territories by GDP (PPP) per capita in 2021.
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Countries by total wealth (trillions USD), Credit Suisse
  • GDP (GWP) (gross world product): (purchasing power parity exchange rates) – $110.06 trillion (2025 estimate)[5], $117.165 trillion (2023) . The GWP is the combined gross national income of all the countries in the world. When calculating the GWP, add GDP of all countries. Also, GWP shows that imports and exports are equal. Because imports and exports balance exactly when considering the whole world,[34] this also equals the total global gross domestic product (GDP).
  • GDP (GWP) (gross world product):[35] (market exchange rates) – $60.69 trillion (2008). The market exchange rates increased from 1990 to 2008. The reason for this increase is the world's advancement in terms of technology.
  • GDP[36] (real growth rate): The following part shows the GDP growth rate and the expected value after one year.
    • Developed Economies. A developed country, industrialized country, more developed country (MDC), or more economically developed country (MEDC), is a sovereign state that has a developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. The GDP of the developed countries is predicted to fall from 2.2% in 2017 to 2.0% in 2018 due to the fall in dollar value.
    • Developing Countries. A developing country is a country with a less developed industrial base (industries) and a low Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. A nation's GDP per capita, compared with other nations, can also be a reference point. In general, the United Nations accepts any country's claim of itself being "developing". The GDP of the developing countries is expected to rise from 4.3% in 2017 to 4.6% in 2018 due to political stability in those countries and advancement in technology.
    • Least developed countries. The least developed countries (LDCs) is a list of developing countries that, according to the United Nations, exhibit the lowest indicators of socioeconomic development, with the lowest Human Development Index ratings of all countries in the world. The concept of LDCs originated in the late 1960s and the first group of LDCs was listed by the UN in its resolution 2768 (XXVI) of 18 November 1971. This is a group of countries that are expected to improve their GDP from 4.8% in 2017 to 5.4% in 2018. The predicted growth is associated advancement in technology and industrialization of those countries for the past decade.
  • GDP – per capita: purchasing power parity – $9,300, €7,500 (2005 est.), $8,200, €6,800 (92) (2003), $7,900, €5,000 (2002)
  • World median income: purchasing power parity $1,041, €950 (1993)[37]
  • GDP – composition by sector: agriculture: 4%; industry: 32%; services: 64% (2004 est.)
  • Inflation rate (consumer prices); In economics, inflation is a general rise in the price level in an economy over a period of time, resulting in a sustained drop in the purchasing power of money. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account within the economy. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index, usually the consumer price index, over time. national inflation rates vary widely in individual cases, from declining prices in Japan to hyperinflation (In economics, hyperinflation is very high and typically accelerating inflation) in several Third World countries (2003):
  • Derivatives OTC outstanding notional amount: $601 trillion (Dec 2010) ([1])
  • Derivatives exchange traded outstanding notional amount: $82 trillion (June 2011) ([2])
  • Global debt issuance: $5.187 trillion, €3 trillion (2004), $4.938 trillion, €3.98 trillion (2003), $3.938 trillion (2002) (Thomson Financial League Tables)
  • Global equity issuance: $505 billion, €450 billion (2004), $388 billion. €320 billion (2003), $319 billion, €250 trillion (2002) (Thomson Financial League Tables)

Employment

File:World GDP Per Capita 1500 to 2000, Log Scale.png
World GDP per capita between 1500 and 2000 (log scale)
File:World GDP per capita 1500 to 2003.svg
World GDP per capita between 1500 and 2003
File:Gdp accumulated change.png
GDP increase, 1990–1998 and 1990–2006, in major countries
  • Unemployment rate: 8.7% (2009 est.). 30% (2007 est.) combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%–12% unemployment.

Industries

  • Industrial production growth rate: 3% (2002 est.)

Energy

File:Global primary energy consumption, OWID.svg
Global primary energy consumption, measured in terawatt-hours (TWh) per year

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  • Yearly electricity – production: 21,080,878 GWh (2011 est.),[39] 15,850,000 GWh (2003 est.), 14,850,000 GWh (2001 est.)
  • Yearly electricity – consumption: 14,280,000 GWh (2003 est.), 13,930,000 GWh (2001 est.)
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  • Natural gas – proved reserves: Template:Cvt (1 January 2002)

Cross-border

  • Yearly exports: $12.4 trillion, €11.05 trillion (2009 est.)
  • Exports – commodities: the whole range of industrial and agricultural goods and services
  • Exports – partners: US 12.7%, Germany 7.1%, China 6.2%, France 4.4%, Japan 4.2%, UK 4.1% (2008)
  • Yearly imports: $12.29 trillion, €10.95 trillion (2009 est.)
  • Imports – commodities: the whole range of industrial and agricultural goods and services
  • Imports – partners: China 10.3%, Germany 8.6%, US 8.1%, Japan 5% (2008)
  • Debt – external: $56.9 trillion, €40 trillion (31 December 2009 est.)

Gift economy

Communications

Telephones – main lines in use: 843,923,500 (2007)
4,263,367,600 (2008)

Transport

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Military

  • World military expenditure in 2018: estimated to $1.822 trillion[45]
  • Military expenditures – percent of GDP: roughly 2% of gross world product (1999).

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Science, research and development

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Number of scientific or technical journal article publications per million residents as of 2013.

The Royal Society in a 2011 report stated that in terms of number of papers the share of English-language scientific research papers the United States was first followed by China, the UK, Germany, Japan, France, and Canada.[46] In 2015, research and development constituted an average 2.2% of the global GDP according to the UNESCO Institute for Statistics.[47] Metrics and rankings of innovation include the Bloomberg Innovation Index, the Global Innovation Index and the share of Nobel laureates per capita.

Resources and environment

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File:Relative change in main global economic and environmental indicators from 1970 to 2017.webp
Shown is how the global material footprint and global CO2 emissions from fossil-fuel combustion and industrial processes changed compared with global GDP.[48]
File:8000 BCE+ Loss of forest and grassland to grazing and crops.svg
The period since 1950 has brought "the most rapid transformation of the human relationship with the natural world in the history of humankind".[49] Through 2018, humans have reduced forest area by ~30% and grasslands/shrubs by ~68%, to make way for livestock grazing and crops for humans.[50]
  • Forests (carbon sinks, wood, ecosystem services, ...)
    • Estimated number of trees that are net lost annually as of 2021: 10 billion[51][52]
    • Global annual deforested land in 2015–2020: 10 million hectares
    • Global annual net forest area loss in 2000–2010 : 4.7 million hectares[53]
  • Other land degradation and land- and organisms-related ecosystem disturbances
    • Soils (carbon sink, ecosystem services, food production, ...)
      • Soil erosion by water in 2012: almost 36 billion tons (based on a high resolution global potential soil erosion model developed in 2017)[54]
      • Estimated annual loss of agricultural productivity due to soil erosion: 8 billion US dollars (based on the soil erosion data)[55]
      • Soil erosion by water in 2015: approximately 43 billion tons (according to a 2020 study)[56]
      • Environmental impact of pesticides
        • Pesticide use in tonnes of active ingredient in Australia in 2016: ca. 62,500 tonnes[57]
  • Oceans (ecosystem services, food production, ...): Blue economy
  • Waste and pollution (effects of economic mechanisms, effects on ecosystem services)
    • As of 2018, about 380 million tonnes of plastic is produced worldwide each year. From the 1950s up to 2018, an estimated 6.3 billion tonnes of plastic has been produced worldwide, of which an estimated 9% has been recycled and another 12% has been incinerated with the rest reportedly being "dumped in landfills or the natural environment".[58]
    • Air pollution
      • Number of human deaths caused annually by air pollution worldwide: ca. 7 million[59][60][61]
      • Estimated global annual cost of air pollution: $5 trillion[62][63][64]
    • Microplastic pollution
      • Estimated accumulated number of microplastic particles in the North Atlantic Ocean in 2014: 15 to 51 trillion particles, weighing between 93,000 and 236,000 metric tons[65]
      • Estimated accumulated number of microplastic particles in the North Atlantic Ocean in 2020: 3700 microplastics per cubic meter[65]

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From the scientific perspective, economic activities are embedded in a web of dynamic, interrelated, and interdependent activities that constitute the natural system of Earth. Novel application of cybernetics in decision-making (such as in decision-making related to process- and product-design and related laws) and direction of human activity (such as economic activity) may make it easier to control modern ecological problems.[66]

Historical development

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File:2010.09.27-LSE-Research-Danny.Quah-Map.png
Shift of the world's economic center of gravity since 1980 and projected until 2050[67]
Estimations of world population and GDP from a 2020 research paper[68]
Year Population
(million)
GDP per capita
($1990 in PPP)
GDP in billion
($1990 in PPP)
1000000 BCE 0.125 400 0.05
300000 BCE 1 400 0.40
25000 BCE 3.34 400 1.34
10000 BCE 4 400 1.60
5000 BCE 5 404 2.02
4000 BCE 7 409 2.87
3000 BCE 14 421 5.90
2000 BCE 27 433 11.7
1000 BCE 50 444 22.2
500 BCE 100 457 45.7
200 BCE 150 465 69.7
1 168 467 78.4
200 190 463 88.0
400 190 463 88.0
500 190 463 88.0
600 200 462 92.3
700 210 460 96.6
800 220 459 101
900 240 456 109
1000 265 453 120
1100 320 512 164
1200 360 551 198
1300 360 551 198
1400 350 541 190
1500 438 625 274
1600 556 629 350
1700 603 658 397
1820 1,042 712 741
1870 1,276 884 1,128
1900 1,563
1913 1,793 1,543 2,767
1920 1,863
1940 2,299 2,181 5,013
1950 2,528 2,104 5,318
1960 3,042 2,764 12,170
1970 3,691 3,725 13,751
1980 4,440 4,511 20,026
1990 5,269 5,149 27,133
2000 6,077 6,057 36,806
2010 6,873 7,814 53,704
2019 7,620 9,663 73,640

Per the MSCI All Country World Index, the breakdown of market sector is as follows:[69]

Sector 2012 2022
Energy 10.7 4.4
Materials 8.2 5.5
Industrials 11.5 10.6
Consumer Discretionary 11.2 11.7
Consumer Staples 9.4 6.6
Healthcare 8.8 11.6
Financials 19.5 14.4
Information Technology 13.1 21.2
Communication Service 4.0 7.5
Utilities 3.6 2.9
Real Estate 3.6

One example for a comparable metric other than GDP are the OECD Better Life Index rankings for different aggregative domains.

Legend
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  Explained by: Housing
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  Explained by: Income
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  Explained by: Jobs
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  Explained by: Community
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  Explained by: Education
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  Explained by: Environment
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  Explained by: Civic engagement
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  Explained by: Health
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  Explained by: Life Satisfaction
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  Explained by: Safety
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  Explained by: Work-Life Balance
OECD Better Life Index rankings for 2016
Overall Rank
[70]
Country Housing Income Jobs Community Education Environment Civic engagement Health Life Satisfaction Safety Work-Life Balance
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The index includes 11 comparable "dimensions" of well-being:[71]

  1. Housing: housing conditions and spendings (e.g. real estate pricing)
  2. Income: household income (after taxes and transfers) and net financial wealth
  3. Jobs: earnings, job security and unemployment
  4. Community: quality of social support network
  5. Education: education and what one gets out of it
  6. Environment: quality of environment (e.g. environmental health)
  7. Governance: involvement in democracy
  8. Health
  9. Life Satisfaction: level of happiness
  10. Safety: murder and assault rates
  11. Work-life balance

Economic studies

To promote exports, many government agencies publish on the web economic studies by sector and country. Among these agencies include the USCS (US DoC) and FAS (USDA) in the United States, the EDC and AAFC in Canada, Ubifrance in France, the UKTI in the United Kingdom, the HKTDC and JETRO in Asia, Austrade and the NZTE in Oceania. Through Partnership Agreements, the Federation of International Trade Associations publishes studies from several of these agencies (USCS, FAS, AAFC, UKTI, and HKTDC) as well as other non-governmental organizations on its website globaltrade.net.

See also

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Regional economies:

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Events:

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References

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  2. "World Economy." – Definition. American English Definition of with Pronunciation by Macmillan Dictionary. N.p., n.d. Web. 2 January 2015.
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  7. Script error: No such module "Citation/CS1".
  8. Script error: No such module "citation/CS1".
  9. Oxfam: Richest 1 percent sees share of global wealth jump
  10. Script error: No such module "citation/CS1".
  11. Rigged rules mean economic growth increasingly "winner takes all" for rich elites all over world. Oxfam. 20 January 2014.
  12. Neuman, Scott (20 January 2014). Oxfam: World's Richest 1 Percent Control Half Of Global Wealth. NPR. Retrieved 25 January 2014.
  13. Script error: No such module "citation/CS1".
  14. Script error: No such module "citation/CS1".
  15. Script error: No such module "citation/CS1".
  16. Script error: No such module "citation/CS1".
  17. Script error: No such module "citation/CS1".
  18. Script error: No such module "citation/CS1".
  19. Script error: No such module "citation/CS1".
  20. Script error: No such module "citation/CS1".
  21. Script error: No such module "citation/CS1".
  22. Script error: No such module "citation/CS1".
  23. GDP per capita data for Monaco, Bermuda, Norway, Qatar, the Cayman Islands, the Isle of Man, Macau, the Channel Islands, the Faroe Islands, Brunei and Greenland by World Bank
  24. GDP per capita (PPP) data for Qatar, Macau, Norway, Bermuda, the UAE, Kuwait, the Cayman Islands, Greenland, the Faroe Islands and Andorra by World Bank
  25. GDP per capita (PPP) data for Monaco and Liechtenstein by CIA
  26. a b c d IMF GDP for the World and the European Union
  27. World Bank's GDP (Nominal) Data for Japan
  28. IMF GDP (nominal) for Africa (Region)
  29. World Bank's GDP (Nominal) Data for Brazil
  30. IMF GDP (PPP) for Africa (Region)
  31. Script error: No such module "citation/CS1".
  32. GDP (PPP) per capita for the Isle of Man
  33. Script error: No such module "citation/CS1".
  34. Script error: No such module "citation/CS1".
  35. Script error: No such module "citation/CS1".
  36. Script error: No such module "citation/CS1".
  37. Script error: No such module "citation/CS1".
  38. a b Script error: No such module "citation/CS1".
  39. Script error: No such module "citation/CS1".
  40. Script error: No such module "citation/CS1".
  41. Script error: No such module "citation/CS1".
  42. global cellphone penetration reaches 50 percent Template:Webarchive
  43. Script error: No such module "citation/CS1".
  44. Script error: No such module "citation/CS1".
  45. Script error: No such module "citation/CS1".
  46. China poised to overhaul US as biggest publisher of scientific papers Template:Webarchive, Alok Jha, Monday 28 March 2011, The Guardian
  47. Script error: No such module "citation/CS1".
  48. Script error: No such module "Citation/CS1". File:CC-BY icon.svg Text was copied from this source, which is available under a Creative Commons Attribution 4.0 International License Template:Webarchive.
  49. Script error: No such module "citation/CS1".
  50. Script error: No such module "citation/CS1".
  51. Script error: No such module "citation/CS1".
  52. Script error: No such module "citation/CS1".
  53. Global Forest Resources Assessment 2020: Script error: No such module "citation/CS1".
  54. Script error: No such module "Citation/CS1".
  55. Script error: No such module "Citation/CS1". File:CC-BY icon.svg Text and images are available under a Creative Commons Attribution 4.0 International License Template:Webarchive.
  56. Script error: No such module "Citation/CS1".
  57. Script error: No such module "citation/CS1".
  58. Script error: No such module "citation/CS1".
  59. Script error: No such module "citation/CS1".
  60. Script error: No such module "citation/CS1".
  61. Script error: No such module "citation/CS1".
  62. Study by the World Bank and the Institute for Health Metrics and Evaluation (IHME) at the University of Washington: Script error: No such module "citation/CS1".
  63. Script error: No such module "citation/CS1".
  64. Script error: No such module "Citation/CS1".
  65. a b Script error: No such module "Citation/CS1".
  66. Script error: No such module "Citation/CS1".
  67. Script error: No such module "Citation/CS1".
  68. Script error: No such module "citation/CS1".
  69. Script error: No such module "citation/CS1".
  70. Script error: No such module "citation/CS1".
  71. Script error: No such module "Citation/CS1".

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External links

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