Search results
Results from the WOW.Com Content Network
Since China's transition to a socialist market economy through controlled privatisation and deregulation, the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database.
The countries are sorted by their household final consumption expenditure (HFCE) which represents consumer spending in nominal terms. A large (and especially larger than the whole economy (100% GDP)) percentage typically indicates the existence of an informal economy , at least in terms of income.
A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and ...
The figures are from the International Monetary Fund World Economic Outlook Database unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth , which is the growth rate of GDP per person recalculated according to the changing number of the population of the country.
GDP (PPP) per person employed in Agriculture. GDP (PPP) per person employed in Industry. GDP (PPP) per person employed in Services. Afghanistan. 6558. 2278. 15170. 12817. Albania.
This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Figures are based on official exchange rates, not on the purchasing power parity (PPP) methodology. Values are given in millions of United States dollars (USD) and have not been adjusted for inflation.
This article includes a partial list of countries by economic freedom that shows the top 50 highest ranking countries and regions from two reports on economic freedom. The Economic Freedom of the World Index is a report published by the Fraser Institute in conjunction with the Economic Freedom Network, a Canadian group of independent research ...