GDP per capitaalso calledGDP per citizenorGDP per personis obtained by dividing GDP by the number of habitants. Represents the value of goods and services produced by different countries and it is used to compar
SFC Markets and Finance: You mentioned that the US economy is still in a relatively good state, which may be one reason why the Fed has not yet cut interest rates. However, the European Central Bank and the Bank of Canada started to cut interest rates, while the Bank of Japan has start...
In 2024, the gross domestic product (GDP) of Shanghai municipality in China amounted to approximately 5.39 trillion yuan. Shanghai is the most populous city in China and has the largest GDP of all Chinese cities. It is located in Eastern China on the southern estuary at the mouth of the ...
The United Kingdom's economy grew by 1.1 percent in 2024, after a growth rate of 0.4 percent in 2023, 4.8 percent in 2022, 8.6 percent in 2021, and a record 10.3 percent fall in 2020. During the provided time period, the biggest annual fall in gross domestic product before 2020 occurre...
Among these, India's development potential has garnered significant attention, and the "China-to-India Industrial Transfer Model" in the global industrial chain poses a greater impact and threat to China. This paper constructs a quantitative model to measure the impact of indust...
It was just outside the top 10 in 2000, but its current standing in the global economy owes a lot to a combination of state-guided privatization and massive investment in infrastructure and industry. Like those of many large countries, the Chinese economy faces challenges, including how to mai...
Each hexagon on the two maps represents 0.1% of the world’s overall GDP. The number below each region, country or metropolitan area represents the number of hexagons covered by that entity. So in the nominal GDP map, the state of New York represents 20 hexagons (i.e. 2.0% of global...
There have been several revisions of data, each time reducing the industry share and raising Current price estimates of sectoral shares: Factor cost versus market prices We briefly go through the basics of national income accounting to harp on some finer distinctions. In order to avoid a ...
Some regions are highlighting their strategic importance in vital sectors such as energy and food production, with increased investment from the central government. Furthermore, there is a growing emphasis on the role of state-owned enterprises (SOEs) to catalyze development in key sectors, ...
Using data from the United Nations, Mathisen collected nominal GDP in U.S. dollars for each country. He then determined each country’s GDP as ashare of global GDPand sized each graphic’s bubbles accordingly. The bubbles were placed according to country latitude and longitude coordinates, but...