because the GDP for the country is high, the GDP stands for Gross Domestic Product, this is just a fancy way of saying how much money the country produces. GDP percapita is another way of saying the GDP but for one person. The higher the GDP the wealthier the country so England obviously has a high GDP. But don't be fooled knowing the GDP does not tell you how developed the country is England is a developed country because of things like adult literacy, life expantacy at birth, the amount of people working etc. Hope it helped
England: 2.445 trillion USD (2011) USA: 14.99 trillion USD (2011).
Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.
TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)
Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is: GDP (2013)/ GDP (1990) * 100%
The GDP of England is $2522.26 billion dollars and the service industry accounts for the majority of England's GDP. England's GDP has increased annually 0.8 percent.
The GDP of England is $2.198 trillion
In 2004, the GDP per capita in England was 26904 Euros
In 2004, the GDP per capita in England was 26904 Euros
Do you mean as total gdp? China ofcourse.
because the GDP for the country is high, the GDP stands for Gross Domestic Product, this is just a fancy way of saying how much money the country produces. GDP percapita is another way of saying the GDP but for one person. The higher the GDP the wealthier the country so England obviously has a high GDP. But don't be fooled knowing the GDP does not tell you how developed the country is England is a developed country because of things like adult literacy, life expantacy at birth, the amount of people working etc. Hope it helped
England: 2.445 trillion USD (2011) USA: 14.99 trillion USD (2011).
England isn't listed on its own. The United Kingdom (England, Scotland, Wales and Northern Ireland) is eighth in terms of GDP.
Croatia does have a smaller GDP per capita than UK.
The rank of England's economy is the 20th in the world. The economy of United Kingdom is the world's sixth largest in terms of nominal GDP and purchasing power parity.
Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.
TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)