A Taxonomy of Country Performance Based on GDP and Innovation Indicators for the Group of Twenty (G20)This chapter proposes a taxonomy of country performance based on GDP and innovation indicators within G20 economies. This study considers the impact of GDP on the "development degree" (fi) for...
In this year, Scotland's GDP amounted to over 187.2 billion pounds, with the size of the Welsh economy being just under 58 billion pounds, and that of Northern Ireland being 32.8 billion pounds. Gross domestic product of the United Kingdom in 2023, by country (in million GBP) ...
While assembling nations based on GDP provides an interesting way to look at the world, this same approach can be tried by applying other statistics as well. We recommend checking outthis page, which allows you to “assemble the world” based on measures like population density, life expectancy...
In addition, Donwa & Odia(2010) empirically analyse the impact of the Nigerian capital market on her socio-economic development from 1981 to 2008. The socio-economic development was proxy by GDP while the capital market variables considered included market capitalization, total new issues, volume ...
How GDP Per Capita Works Gross domestic productper capita is a global measurement used by economists to gauge the prosperity of nations based on economic growth. There are a few ways to analyze a country’s wealth and prosperity. GDP per capita is the most universal because its components are...
The list of countries by GDP showed on this page is based on the latest data from the World Economic Outlook by the International Monetary Fund. 192 countries from around the world are ranked by GDP measured in US dollars and PPPs from 1980 to 2020. Gr
Calculating GDP Based on Income The flip side of spending is income. Thus, an estimate of GDP may reflect the total amount of income paid to everyone in the country. This calculation includes all of thefactors of productionthat make up an economy. It includes the wages paid to labor, the...
Limitations and Exceptions:Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production appr...
GDP growth (annual %) Definition:Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 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 ...
The debt-to-GDP ratio of Switzerland has been on a downward trend since 2005. This shows that the government of Switzerland is careful not to overload the country with debt. A big reason for the fall in that ratio is that the country has become richer over successive years. ...