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2017: the budget was announced to be 1.044 trillion yuan ($151.4 billion), which is an increase of 7% over the last year. [14] 2018: the budget was announced to be 1.11 trillion yuan (US$175 billion), which is an increase of 8.1% over the last year. [15] This was China's largest defense budget raise in three years. [16]
As of 2025, the New York metropolitan area is the world’s principal fintech and financial center [1] [2] and the largest metropolitan economy in the world, with a nominal gross metropolitan product of over US$2.5 trillion. [3] This is a list of cities in the world by nominal gross domestic product (GDP).
$15.1 55 Tropical cyclone 2001 United States Hurricane Gustav: $8.3 [13 ... All damage figures are listed in millions of United States dollars. List of disasters by ...
The large amount of regulations have caused the tech companies to lose around $1 trillion in stock market value in 2021. [26] Responding to calls for common prosperity, China's largest private firms have increased their focus on philanthropy.
Yunnan's nominal GDP in 2020 was 24521.9 billion Yuan( US$3850.92 billion), an annual growth rate of 4.0%. Its per capita GDP was 50,299 Yuan ( US$7,898.96). The share of GDP of Yunnan's primary, secondary and tertiary industries were 3598.91 billion Yuan, 8287.54 billion Yuan, and 12635.45 billion Yuan respectively. [88]
Global corporate debt rose from 84% of gross world product in 2009 to 92% in 2019, or about $72 trillion. [1] [2] In the world's eight largest economies—the United States, China, Japan, the United Kingdom, France, Spain, Italy, and Germany—total corporate debt was about $51 trillion in 2019, compared to $34 trillion in 2009. [3]
From 1978 on, the North Korean government maintained an iconic rate of 2.16 won to the US dollar (which is said to have been based upon Kim Jong Il's birthday, 16 February). [4] Over the decades, however, rampant inflation eroded the currency's value, and from 2001 the government abandoned the rate in favor of those closer to the black market's.
It is also widely used as a third reserve currency after the US dollar and the euro. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as 1.5 g (0.048 troy ounces) of gold, or 24.26 g (0.780 troy ounces) of silver, and divided decimally into 100 sen or 1,000 rin .