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All values, unless otherwise stated, are in US dollars. The United Arab Emirates is a high-income developing market economy . The UAE's economy is the 4th largest in the Middle East (after Turkey , Saudi Arabia and Israel ), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023.
Mathematics is a field of study that discovers and organizes methods, theories and theorems that are developed and proved for the needs of empirical sciences and mathematics itself. There are many areas of mathematics, which include number theory (the study of numbers), algebra (the study of formulas and related structures), geometry (the study ...
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [ 2 ] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of ...
E.g. with an advance report of a $400 billion increase of a $10 trillion GDP, for example, one could be 95% confident that the range in which the exact GDP dollar amount lies would be 0.0 to 3.3% different than 4.0% (400 ÷ 10,000) or within the range of $0 to $330 billion different than the hypothetical $400 billion (a range of $70–730 billion).
Foreign reserves. $8.999 billion (April 2019) [ 17 ] $9.661 billion (31 December 2017 est.) [ 4 ] All values, unless otherwise stated, are in US dollars. The economy of Venezuela is based primarily on petroleum, [ 4 ][ 18 ] as the country holds the largest crude oil supply in the world. [ 19 ]
The U.S. public debt was $909 billion in 1980, an amount equal to 33% of America's gross domestic product (GDP); by 1990, that number had more than tripled to $3.2 trillion – 56% of GDP. [371] In 2001 the national debt was $5.7 trillion; however, the debt-to-GDP ratio remained at 1990 levels. [ 372 ]
Estimates from 2000 onwards are based on world GDP, PPP estimates in 2021 constant international dollars from the World Bank and subsequently converted to 1990 US$. [ 7 ] [ 8 ] "Billion" in the table below refers to the short scale usage of the term, where 1 billion = 1,000 million = 10 9 .
Billion is a word for a large number, and it has two distinct definitions: 1,000,000,000, i.e. one thousand million, or 10 9 (ten to the ninth power), as defined on the short scale. This is now the most common sense of the word in all varieties of English; it has long been established in American English and has since become common in Britain ...