Asked in Uncategorized
How does the US GDP compare with that of the rest of the world?
We need you to answer this question!
If you know the answer to this question, please register to join our limited beta program and start the conversation right now!
How does the US' GDP compare with the rest of the world?
The nominal GDP of the US is the 2nd in the world (after the European Union). However, the GDP PPP (at purchasing power parity (which takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income) is the 2nd in the world (after the European Union and China) and the GDP PPP per capita is the 10th in the world.
How does the us consumption compare with the rest of the world?
Asked in Economics
Why is the GDP for the US So high?
What percentage of US GDP is derived from tourism?
Asked in Economics
Which countries have the largest economies in the world?
With a GDP (PPP) of $14,720,000,000,000 USD, the United States is the largest economy. The US is followed by China (#2) with a GDP of $ 9,872,000,000,000; Japan (#3) with a GDP of $ 4,338,000,000,000; and India (#4) with a GDP of $4,046,000,000,000; and Germany with a GDP of $2,951,000,000,000. All figures from CIA World Factbook 2010 - GDP estimate expressed as PPP
Is Brazil richer than Mexico?
Only in volume terms (estimates for 2011): Brazil's GDP: US$2.17 trillion (ranked 9th in the world) Mexico's GDP: US$1.65 trillion (ranked 11th in the world) Mexico's GDP per capita: US$15,224 (ranked 54th in the world) Brazil's GDP per capita: US$11,127 (ranked 75th in the world) These statistics mean that while Brazil is richer in volume terms due to its larger population, Mexico is more 'developed'.
Asked in Economics, Internet Marketing, India
What is the GDP of India?
Asked in Economics, Cuba, Mexico
Who has a better economic overview Mexico or Cuba?
Mexico has. With a market, export-oriented economy, Mexico ranks as the 11 largest economy in the world with a GDP (2011) of US$1.19 trillion and a GDP per capita of US$15,100. On the other hand, Cuba has an almost closed, command economy which needs many changes to become competitive in today's globalized world; it is ranked as 68 in the world with a GDP (2011) of US$114 billion and a GDP per capita of US$9,900.