Last year China grew by 7.4% in real terms, United States economy has shown about 2.2% growth (october IMF estimate), European Union - about 1.4%. Who will be the leader in the next year and the mid-term horizon? Are current growth rates sufficient for countries to keep their share of world GDP (check the US and China on the line chart, for example)? Who gonna be a winner and who is gonna lose in the global competition? How different growth rates of economies are changing the global landscape?
See the charts, animations and note how flexible Knoema can be with its ability to compute derived variables & growth rates from raw data.
Access and compare forecasts for more than 50 indicators related to countries' macroeconomic conditions. Or, use our Forecast Accuracy Tracking Tool™ to assess the historic quality of forecasts from international institutions.
Knoema आपके इनबॉक्स के लिए सीधे प्रवीणता से से डिजाइन दृश्यावलोकन उद्धार करते हैं।
What is the expenditure approach? The expenditure method to calculating GDP is an approch that totals consumption, investment, government spending, and net exports (exports minus imports).
Historical Data 1970-2012 GDP at current US$ GDP at current PPP int.$ Real GDP Growth GDP Ranking GDP by country GDP per capita GDP per capita Ranking General indicators of economic development: charts, tables, rankings, maps, historical data See also: Agriculture | Commodities | Demographics | Economics | Education | Energy | Environment | Exchange Rates | Food Security | Foreign Trade | Healthcare | Land Use | Poverty | Research and Development | Telecommunication | Tourism | Transportation | Water | World Rankings
Source: UN National Accounts
Source: IMF World Economic Outlook, April 2014