Search results
GDP per capita: Comparing data from World Bank and Penn World Table; GDP per employed person; GNI per capita vs. GDP per capita; Government spending as a share of GDP vs. GDP per capita; Gross domestic product (GDP) World Bank, constant US$ Gross domestic product (GDP) Fouquin and Hugot, current GBP; Gross domestic product (GDP) Maddison ...
May 17, 2024 · So if a country’s GDP were $1 trillion and its people worked 20 billion hours to create that value, the country’s labor productivity would be $50 per hour. Labor productivity growth is crucial to increased wages and standards of living, and it helps increase consumers’ purchasing power.
Apr 4, 2022 · Trade is an engine of growth that creates better jobs, reduces poverty, and increases economic opportunity. Recent research shows that trade liberalization increases economic growth by an average of 1.0 to 1.5 percentage points, resulting in 10 to 20 percent higher income after a decade. Since 1990, trade has increased incomes by 24 percent ...
Life expectancy, males vs. females. Reduction in Human Development Index when adjusting for inequalities. The Human Development Index (HDI) is a summary measure of key dimensions of human development: a long and healthy life, a good education, and a decent standard of living. GDP per capita is adjusted for inflation and differences in the cost ...
France has a nominal GDP of $2.71 trillion. France’s GDP per capita is $42,877.56, the 19th highest in the world, and GDP (PPP) is $2.96 trillion. According to World Bank, France has unfortunately experienced high unemployment rates in recent years: a 10% unemployment rate was recorded for 2014, 2015, and 2016 and it declined to 9.681% in 2017.
Study with Quizlet and memorize flashcards containing terms like Approximately how much of the world's output does the United States produce? (a). 5% (b). 17% (c). 30% (d).12%, The best definition of GDP is (a). The sum of the physical amounts of goods and services in the economy. (b). A dollar measure of final output produced during a given time period within a nation's borders. (c). A ...
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database.
