World development indicators database, world bank, 23 december. Measured annually, quarterly, or monthly, trends in gdp for a single country or comparisons among peer countries are often called out in popular press, sometimes with alarmist tones that can make one wonder why or how this single data point has taken. While gross domestic product per capita is especially. Our annual world development indicators is among the most downloaded economics data sets in the world, said kaushik basu, chief economist and senior vice president. This statistic shows the health expenditure as a share of gross domestic product in indonesia from 2007 to 2016. World integrated trade solution wits software provides access to international merchandise trade, tariff and nontariff measures ntm data. Abstract the annual report is prepared by the executive directors of the international bank for reconstruction and development ibrd and the international development association idacollectively known as the world bankin accordance with the bylaws of the two institutions. Global economic prospects at 25 this year marks the 25th anniversary of the global economic prospects, a world bank group flagship report prepared by the prospects group in the development economics vice presidency. Gdp is the single most commonly referenced figure to cover the entirety of a national economy and the trajectory it is on in a single statistic. Apr 15, 2016 were excited to announce the release of the 2016 edition of world development indicators wdi. The 2016 edition of world development indicators wdi has just been released. Gross domestic product 2015 millions of ranking economy us dollars 123 west bank and gaza 12,677 124 lao pdr 12,369 125 equatorial guinea 12,202 126 mongolia 11,741 127 mauritius 11,682 128 namibia 11,492. Percent of gdp, annual, not seasonally adjusted 1989 to 2016 jul 1 gross domestic product for thailand. Based on data from official statistics of ukraine and russian.
The world bank does not guarantee the accuracy of the data included in this work. Gdp is the sum of gross value added by all resident producers in the economy. Nov 24, 2015 gdp is the single most commonly referenced figure to cover the entirety of a national economy and the trajectory it is on in a single statistic. Gross domestic product 2015 millions of ranking economy us dollars 123 west bank and gaza 12,677 124 lao pdr 12,369 125 equatorial guinea 12,202 126. These updates include new estimates for gini index, poverty headcounts and gaps, and income and consumption data by income level and per capita. Government of libya and world bank staff estimates. Abstract the annual report is prepared by the executive directors of the international bank for reconstruction and development ibrd and the international development association idacollectively known as the world bank in accordance with the bylaws of the two institutions.
In contrast to developing countries, the recovery in major highincome countries gained traction in 2015 and has been increasingly driven by stronger domestic demand as labor markets heal and credit conditions improve. Official pdf, 52 pages world bank documents world bank group. With over 1 million downloads last year, wdi is the most widely used dataset in our open data catalog and it provides highquality crosscountry comparable statistics about development and peoples lives around the globe. Gross domestic product gdp is the market value of all final goods and services from a nation in a given year. Apr 01, 2020 this statistic shows the health expenditure as a share of gross domestic product in indonesia from 2007 to 2016. The african economic outlook aeo celebrates its 15th edition this year. Unlike gross domestic product gdp, which defines production based on the geographical location of production, gnp indicates allocated production based on location of ownership.
The vast majority of small states are defined as small island. Cost of the ebola epidemic centers for disease control. The economic wellbeing of a countrys citizens can be measured as a countrys gdp per one inhabitant, known as gdp per capita which is usually used as an indicator of the quality of life. Rankings include only those economies with confirmed gdp estimates. On september 24, the latest poverty and shared prosperity indicators were released. In 2016, the health expenditure as a share of gdp in indonesia amounted to. The world economic outlook weo presents imf economists analyses of global economic developments, issues affecting advanced, emerging, and developing economies, and topics of current interest. World bank forecasts are frequently updated based on new information and changing global circumstances. That said, global trade growth has slowed to about 4 percent per year since the crisis from about 7 percent, on average, during 199007. This page provides afghanistan gdp actual values, historical data, forecast, chart, statistics.
The 2016 edition of world development indicators is out. Although expenditure cuts were undertaken since the beginning of 2016, the federal budget deficit widened in the first nine months of 2016. This slowdown in world trade reflects weak global investment growth, maturing global supply chains, and slowing momentum in trade liberalization world bank 2015. Economist and cottl, mesfin girma economist and cottl, ruth hill sr. The world bank provides lowinterest loans, zero to lowinterest credits, and grants to developing countries. Based on data from official statistics of ukraine and russian federation. World development indicators database, world bank, 23 december 2019. The world development indicators is a compilation of relevant, highquality, and internationally comparable statistics about global development and the fight against poverty. World integrated trade solution wits data on export. With over 1,400 indicators with data from the 1960s until today, the wdi 2016 is the result of a collaborative partnership of over 50 international agencies, the statistical offices of more. The world bank classifies economies as lowincome, lowermiddleincome. The economic growth that drives reductions in extreme poverty continues to disappoint, and substantial downside risks to the global economy remain, such as.
Countries are sorted by nominal gdp estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. World bank national accounts data, and oecd national accounts data files. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. According to world bank, france has unfortunately experienced high unemployment rates in recent years. World bank annual report 2016 open knowledge repository. With 189 member countries, staff from more than 170 countries, and offices in over locations, the world bank group is a unique global partnership. The data correspond to the last date of registration provided by the source. In order to make economic levels of all countries comparable over time, despite all the differences in currencies, inflation and prices, we have aligned all other sources to this world bank indicator which we currently use as our gold standard. The world bank uses terminology in line with the 1993 system of national accounts and refers to gnp as gross national income or gni. Historical gdp by country statistics from the world bank. The world bank highlights migration and remittances factbook 2016 presents numbers and facts behind the stories of international migration and remittances, drawing on authoritative, publicly available data. United statess current ease of doing business rank is 19th in the world. Were excited to announce the release of the 2016 edition of world development indicators wdi.
Gross domestic product 2018 millions of ranking economy us dollars. For an economic policymaker, it is difficult to think of a more valuable 180 pages than the world development indicators 2016. On june 26 data for 2018 for population and national accounts, including gdp. World development indicators wdi is the primary world bank collection of development indicators, compiled from officially recognized international sources. The database contains 1,600 time series indicators for 217 economies and more than 40 country groups, with data for many indicators going back more than 50 years. The worlds top 100 economies gdprevenues gdprevenues gdprevenues 1 united states 14,204 35 exxonmobil 426 69 chevron 255 2 china 7,903 36 osakakobe, japan 417 70 toronto, canada 253 3 japan 4,354 37 walmart stores 406 71 detroit, usa 253 4 india 3,388 38 colombia 395 72 peru 245.
Mediumterm economic growth can be unaffected from the drought since the rains set in normally again in 2016 17. Changes in any of the three can affect an economys relative size. An overview of the world bank group s work in india india india 2016 population, million 24. Gni measures the total domestic and foreign value added claimed by residents, and comprises gdp plus net receipts of primary income compensation of employees and property income from nonresident sources. Figures in italics are for 2017 or 2016, ranking is approximate.
The data are for the different sovereign countries of the world. Estimation of a countrys gross domestic product shows the size of its economy but does not show how wealthy on average are individuals of that country. Australia credit to private sector as share of gdp 2016. The worlds top 100 economies gdprevenues gdprevenues gdprevenues 1 united states 14,204 35 exxonmobil 426 69 chevron 255 2 china 7,903 36 osakakobe, japan 417 70 toronto, canada 253 3 japan 4,354 37 walmart stores 406 71 detroit, usa 253 4 india 3,388 38 colombia 395 72 peru 245 5 germany 2,925 39 mexico city, mexico 390 73 portugal 245. Historical gdp per capita by country statistics from the. Browse the country profile section to obtain countries exports, imports and tariff statistics along with relevant development data. Year to year changes in the nominal level of output or income of an economy are affected by a combination. Consequently, projections presented here may differ from those contained in other bank documents, even if basic assessments of countries prospects do not differ at any given moment in time.
Looking at the gdp figures from a historic perspective allows an understanding of what phase is the economy of a country at the moment. Gdp ranking gdp data catalog world bank data catalog. A team of over 100 researchers, economists, statisticians and other experts from africa and other regions of the world. Not seasonally adjusted 1990 to 2016 jul 1 constant gdp. World development report 2016 app may 17, 2016 the new, free world development report wdr 2016 app makes the latest world bank flagship report on digital dividends both accessible and mobile. This statistic presents the domestic credit to private sector as share of gdp in australia from 2005 to 2016. The wdi 2016 provides highquality crosscountry comparable statistics about development and peoples lives around the globe. Year to year changes in the nominal level of output or income of an economy are affected by a combination of forces.
The world bank therefore does not warrant that the use of any third partyowned individual component or part contained in the work will not infringe on the rights of those third parties. The world by income classified according to world bank. Gdp is the single most commonly referenced figure to cover the entirety of a national economy and its trajectory in a single statistic. Gdp per capita is gross domestic product divided by midyear population. The african development bank, the oecd development centre and the united nations development programme partner to produce this annual report. World development indicators 2016 by world bank open. African economic outlook 2016 african development bank. World gdp ranking 2015 data and charts ministry of. The data on gdp by country from the world bank presented on this page covers the period for the last half of the century.
Thirdparty contentthe world bank does not necessarily own each component of the content contained within the work. World development indicators, the world bank data notes. Over the last quarter century, trade flows of goods and services have increased rapidly figure 4. Gdp ranking, ppp based gdp ppp world bank open data. Gross national product gnp is the market value of all the goods and services produced in one year by labor and property supplied by the citizens of a country. Nov, 2017 this statistic presents the domestic credit to private sector as share of gdp in australia from 2005 to 2016. The libyan economy is near collapse as political stalemate and civil con. Learn how the world bank group is helping countries with covid19 coronavirus. Why cant i find estimates of gross national product gnp. Gross domestic product 2018 millions of ranking economy us dollars cub 64 cuba 96,851 lka 65 sri lanka 88,901 ken 66 kenya 87,908. Global economic prospects january 2016 chapter 1 world bank.
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