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The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other territories since 1990. The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries.
Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits." [12]
Indonesia regained its investment grade rating from Fitch Rating in late 2011, and from Moody's Rating in early 2012, after losing it in the 1997 crisis, during which Indonesia spent more than Rp. 450 trillion ($50 billion) to bail out lenders from banks.
In mid-February, Goldman Sachs estimated Indonesia’s downstreaming policy could increase exports as a share of GDP by 0.3 to 2.5 percentage points by 2030, compared to 2024 levels.
The chart below is older (2020 data) and breaks down the voluntary spending further by separating out-of-pocket payments. In this chart the items are stacked by color. There are a few other countries than just OECD countries. [2] [3] Click to enlarge. Timeline of a few OECD countries: Health care cost as percent of GDP (total economy of a ...
Countries by total wealth, 2022 (2023 publication) National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities.
With the current inflation rate, things that cost a dollar 50 years ago would approximate cost $7.03 today. Not everything was cheaper in 1972, but most things were even when adjusted for inflation.
Housing is too expensive, if there are options even available. Here's a breakdown of what's going on. ... It's also sharply lower than the average since the mid-1970s, of nearly 130 new units for ...
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