Available at the Groningen Growth and Development Centre here. It highlights how OECD countries and partner economies are taking advantage of … The IMF estimates that the global economy shrunk by 4.4% in 2020. 12. . Virtually all countries around the world measure and report their GDP on a regular basis. This allows us to compare the economic strength of countries around the world. The world’s top 10 economies by GDP (1 to 10) are the United States, China, Japan, Germany, United Kingdom, France, India, Italy, Brazil, and Canada. Provides access to comprehensive annual statistics on external debt stocks and flows for 120 developing countries. Performance by Region. Population in the capital city, urban and rural areas. Other GDP-related dashboards:Historical GDP by countryHistorical GDP per … World merchandise trade is set to plummet by between 13 and 32% in 2020 due to the COVID-19 pandemic. (2020). Economy 2020. Repressed. A new 2020 update”. vi WORLD HEALTH STATISTICS 22 INTRODUCTION T he World health statistics 2020 report is the latest annual compilation of health statistics for 194 Member States. It’s a risk you ignore or underestimate at your peril. In 2019, world gross product growth and world trade growth fell to their lowest level in a decade . The COVID shock hit Thailand in early 2020 and has already had a significant economic impact, with a sharp growth contraction of 1.8 percent y-o-y and 2.2 percent q-o-q in Q1 2020. The recent 2019 revision of the UN World Population Prospects (2020-2100) is now integrated: population, population growth, density, rate of natural increase, population by sex and age groups, fertility, life expectancy, age dependency ratios, sex ratio. 0.3 . China's economy recovered further from the coronavirus in the third quarter, according to data released Monday by the National Bureau of Statistics. Economic performance for first quarter 2020. The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. In aggregate, these top 10 countries combine for over two-thirds of total global GDP.. 2020 Economic Contractions. Composite Leading Indicator. World Economy 7 charts show how the coronavirus pandemic has hit the global economy Published Fri, Apr 24 2020 12:50 AM EDT Updated Fri, Apr 24 2020 4:00 AM EDT The Gross Domestic Product (GDP) in Sweden was worth 537.61 billion US dollars in 2020, according to official data from the World Bank. It presents the most current and accurate global development data available, and includes national, regional and global estimates. World Economic Situation and Prospects (WESP) 2020 16 January 2020. United States. International migrants and refugees. World Development Indicators database, World Bank, 1 July 2021 1. Explore purchasing power parities (PPPs), price levels, economic data and the methodology behind the world's largest statistical partnership. World Development Indicators includes data spanning up to 56 years—from 1960 to 2016.World view frames global trends with indicators on population, population density, urbanization, GNI, and GDP. 2020 small business trends & statistics. India. GDP, population, and capacity to produce data are analysed below. .1 . The Thai economy is projected to contract sharply in 2020, driven by a sharp deterioration in global and domestic demand. Change. India’s economy is the fifth-largest in the world with a GDP of $2.94 trillion, overtaking the UK … The population growth rate has declined since the last quarter of the 20th century by above 2%. As of January 2020, the top five ship-owning economies combined accounted for 52 per cent of world fleet tonnage. Data and research on internet including broadband, telecom, security, privacy, ICTs, openness, Internet economy, e-commerce, consumer policy and e-government., The OECD Digital Economy Outlook 2020 examines trends and analyses emerging opportunities and challenges in the digital economy. The U.S. Bureau of Labor Statistics recently posted the worst monthly unemployment figures in the 72 years for which the agency has data on record. World Population: Future Estimates. Similarly, one-half of respondents expect conditions in their home economies to improve; in May, 43 percent said so, up from 36 percent in April and 26 percent in March. While a slight uptick in economic activity is forecast for 2020… International Debt Statistics. As of 2021, the United States and China would occupy the first two places in the world gdp ranking of both methods. The increase reflected a $158.8 billion increase in the position in Europe, primarily in the United Kingdom and the Netherlands. GDP in Sweden averaged 243.05 USD Billion from 1960 until 2020, reaching an all time high of 586.84 USD Billion in 2013 and a record low of 15.82 USD Billion in 1960. Assets totaled $32.16 trillion and liabilities were $46.25 trillion. Most such agglomerations are economically, socially and culturally dominated by one city at their centre. Russian GDP fell by 3.0 percent in 2020 compared to contractions of 3.8 percent in the world economy, 5.4 percent in advanced economies and 4.8 percent in commodity-exporting EMDEs. National health care expenditures will increase by 5.4% … The USA, the largest economy in the world, entered a deep recession in 2020 with the crisis caused by the Covid-19 outbreak after a long period of economic growth. .1 . However, the world economy can be evaluated and expressed in many more ways. World gross product, 2010 market exchange rates (percentage change) World trade in goods and services, 2010 market exchange rates (percentage change) 0 2 8 10 12 . The organisation described the decline as the worst since the Great Depression of the 1930s. ... Economic Outlook No 95 - May 2014 - Long-term baseline projections. Bureau of Labor Statistics, National Bureau of Economic Statistics, Eurasia Group In addition, political dysfunction–in the U.S. and around the world–is more severe than in 2008–2009. For all details see Maddison Project Database, version 2020. Guidant Financial. According to Maddison, until the middle of 19th century, global output was dominated by China and India. Conclusion. Half of the world’s tonnage was owned by Asian companies. World Population: Future Estimates. 2019 Nominal GDP in Current U.S. By the end of 2020, economists expect global debt to reach $277 trillion, or 365% of world GDP. 44.7. 36 small business statistics you need to know (2020). International tourism growth continues to outpace the global economy. The global cancer burden is expected to be 28.4 million cases in 2040, a 47% rise from 2020, with a larger increase in transitioning (64% to 95%) versus transitioned (32% to 56%) countries due to demographic changes, although this may be further exacerbated by increasing risk factors associated with globalization and a growing economy. Key Short-Term Economic Indicators. According to projections from the World Economic Situation and Prospects as of mid-2020, GDP in emerging economies is projected to contract, on average, by 3.2 per cent in 2020 (Figure 2). Many economies of Eastern Europe, the Caucasus region, Latin America and the Caribbean, Western, Middle and Eastern Africa, South-Eastern Asia and Oceania recorded FDI inflows exceeding 2 per cent of their GDP. PDF | CSV Updated: 5-Nov-2020. In celebration of the World Statistics Day 2020, the Census and Statistics Department, Hong Kong, China (C&SD) set up a new thematic session for the third World Statistics Day on the C&SD website on 20 October 2020. The ILO expects the losses to pile up as the year nears to the end, with a decline in working hours in the third quarter equal to 345 million full-time positions—19.8% of which in the Americas, 12.4% in the Arab states, 11.6% in Europe and Central Asia, followed by Africa at 11.5% and the Asia-Pacific region at 10.7%. Progress over Time. US economy shrank by 3.5% in 2020, the worst year since second world war. World gross product, 2010 market exchange rates (percentage change) World trade in goods and services, 2010 market exchange rates (percentage change) 0 2 8 10 12 . .9 2.9 2. . However, a modest growth of 1.1% is for the full year of 2020 thanks to a strong 4.9% growth in the first quarter of 2020, at the onset of the COVID-19 crisis. 2020: 14,722,731: 2020 Japan (more) Eastern Asia: Asia: 5,378,136: 2021: 5,082,465: 2020: 5,064,873: 2019 Germany (more) Western Europe: Europe: 4,319,286: 2021: 3,861,123: 2020: 3,806,060: 2020 United Kingdom (more) Northern Europe: Europe: 3,124,650: 2021: 2,826,441: 2020: 2,707,744: 2020 India (more) Southern Asia: Asia: 3,049,704: 2021: 2,891,582: 2020: 2,622,984: 2020 France (more) Ghana’s economy contracted by 3.2 and 1.% in the second and third quarters of 2020, respectively, pushing the country into a recession for the first time in 38 years. The United States economy’s growth rate for 2019 was quite low when compared to other countries. In the table below, countries are ranked by the gross domestic product measured in purchasing power parities (PPP) at current prices. Since the start of the 21st century, the world population added approximately 80 million people every year. Greece held a market share of 18 per cent, followed by Japan (11 per cent), China (11 per cent), Singapore (7 per cent), and Hong Kong SAR (5 per cent). The … Deloitte Insights. The OECD Economic Outlook provides analysis and GDP growth forecasts for all G20 countries and the world economy as a whole. 162. Economic Growth from Mid-2009 into Early 2020 Ended Abruptly. This page presents GDP forecast figures by country for the period from 2021 to 2025 as estimated by the IMF in its latest edition of World Economic Outlook (WEO) as of October 2020. MAIN POINTS. Employers had … 2021 Deloitte global human capital trends: The social enterprise in a world disrupted. PDF | … WTTC’s latest annual research shows: The Travel & Tourism sector suffered a loss of almost US$4.5 trillion to reach US$4.7 trillion in 2020, with the contribution to GDP dropping by a staggering 49.1% compared to 2019; relative to a 3.7% GDP decline of the global economy in 2020. Gross domestic product 2020 (millions of Ranking Economy US dollars) WSM 196 Samoa 807 ASM 197 American Samoa 638 ... Statistics and Censuses Institute of Argentina. After contracting sharply in the Great Recession, the economy began growing in mid-2009, following enactment of the financial stabilization bill (TARP) and the American Recovery and Reinvestment Act. Advanced economies refers to 39 countries as defined by the IMF. Explore and download economic data and statistics used in the Index of Economic … Every 10 years, it conducts the Population and Housing Census, in which every resident in the United States is counted. 2020 . Box 1: Progress towards gender equality in wages, where do we stand? 0.3 . 10-YEAR LOW. For all details see Maddison Project Database, version 2020. (2021). The US and China's margin is coming down in nominal ranking as China's gdp growth rate of 2021 (8.24%) is much higher than the US's 3.08%. Timor-Leste. The following estimates are taken exclusively from the 2007 monograph Contours of the World Economy, 1–2030 AD by the British economist Angus Maddison. The IMF sees U.S. GDP at 2% in 2020, and will decline further to 1.7% in 2021. Published in March and September, these Interim reports provide updates to the projections, analysis and policy recommendations contained in the main Economic Outlooks released in May/June and November/December. China was also the only major economy in the world to experience positive growth in 2020. Box 2: Closing the Gender Gap Country Accelerators. Global house prices ... Economic indicators and forecasts for 150 countries. Population growth, fertility, life expectancy and mortality. The first shoe to drop outside China is likely to be the export-and China-dependent Eurozone. However, experts forecast that a further decline will occur only after 2015. At the start of Donald Trump’s presidency in January 2017, the economy was healthy. World Economic Outlook Update, June 2020: A Crisis Like No Other, An Uncertain Recovery June 24, 2020 Description: Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. 16 December 2020, The World Bank and the United Nations Statistical Division, in coordination with the five UN Regional Commissions, have launched the results of the third round of a global online survey on the impact of the COVID-19 crisis … 12. . A lack of decent work combined with rising unemployment and persisting inequality is making it increasingly difficult for people to build better lives through their work, according to the latest edition of the ILO’s global report on … 2 Two-thirds of humanity own a mobile device. PDF | CSV Updated: 11-May-2021. World Development Indicators Falling revenues combined with costly pandemic relief measures have increased global debt by $20 trillion since the third quarter of 2019. 3 Fourth Industrial Revolution (4IR) technologies are already bringing tremendous economic and societal benefits to much of the global population. +2.8. The revised total for global semiconductor sales in 2020 is $440.4 billion, a 6.8% increase over the total from 2019.] And, as we have warned on several occasions, many European banks will be unable to withstand a recession (see also Q-Review 3/2019 and Q-Review 4/2019).. ... Americans say their individual well-being improved in 2020. PDF | CSV Updated: 20-Aug-2019. ; Nearly all regions will suffer double-digit declines in trade volumes in 2020, with exports from North America and Asia hit hardest. (2020, March 9). 2. 2. The following projections are based on the assumption that there will be a significant disruption in the short run for production, consumption and trade, with a recovery in late 2020 … Gross domestic product 2020 (millions of Ranking Economy US dollars) WSM 196 Samoa 807 ASM 197 American Samoa 638 ... Statistics and Censuses Institute of Argentina. Performance by Subindex. The 150 richest cities in the world by GDP in 2020. [Editor’s note from March 1, 2021: After this announcement was posted, the World Semiconductor Trade Statistics organization slightly revised annual sales totals for 2020. Census and Statistics Department, Hong Kong, China celebrates World Statistics Day 2020 by Census and Statistics Department, Hong Kong, China. Germany is the world’s strongest economy. Germany’s remarkable economic run continues, with the number of jobless Germans falling to a post-unification low of 2.757 million in December. The main reason people look for jobs in the gig market is to attain better work-life balance, with 70% … .9 . .9 . U.S. Census Data and Statistics. 10-YEAR LOW. The economic situation, on the other hand, is unlikely to improve anytime soon. GDP growth of 4.5% in 2017 was insufficient to make a significant difference. 49.9. Notes. Bolt, Jutta and Jan Luiten van Zanden (2020), “Maddison style estimates of the evolution of the world economy. News, analysis and comment from the Financial Times, the worldʼs leading global business publication We've looked at the economy in six key charts. Selected Country Performances. .9 2.9 2. . In recent years, the Indian economy has continued to have an upward trajectory—now pulling ahead of both the UK and France—to become one of the world’s top five economies.. Textiles and agriculture combined account for nearly 50% of Nicaragua's exports. -1.2. The State of Food Security and Nutrition in the World is an annual flagship report jointly prepared by FAO, IFAD, UNICEF, WFP and WHO to inform on progress towards ending hunger, achieving food security and improving nutrition and to provide in depth analysis on key challenges for achieving this goal in the context of the 2030 Agenda for Sustainable Development. The world's second-largest economy … When the European banking crisis, driven by the ensuing recession, resumes it will “go-global” fast as Europe holds the biggest … All statistical tables available are displayed and can be accessed individually. World Employment and Social Outlook – Trends 2020. Algeria. Economy - overview: Over the past 70 years, government-industry cooperation, a strong work ethic, mastery of high technology, and a comparatively small defense allocation (slightly less than 1% of GDP) have helped Japan develop an advanced economy. ... OECD-FAO Agricultural Outlook 2020-2029 - WORLD INPUT PRICES. Key Short-Term Economic Indicators. Our interactive guide to housing data across the world . Impacted by prolonged trade disputes, the global economy suffered its lowest growth in a … 1 It summarizes trends in life expectancy and causes of death and reports on progress towards the health and health-related Sustainable Development Goals (SDGs) and associated targets. 1.5 billion international tourist arrivals were recorded in 2019, globally. +0.9. For any business – yours included – the threat of fraud is current and growing. The Global Consumption Database is a one-stop source of data on household consumption patterns in developing countries. 161. The ILO expects the losses to pile up as the year nears to the end, with a decline in working hours in the third quarter equal to 345 million full-time positions—19.8% of which in the Americas, 12.4% in the Arab states, 11.6% in Europe and Central Asia, followed by Africa at 11.5% and the Asia-Pacific region at 10.7%. Get the latest and most up-to-date tourism statistics for all the countries and regions around the world. World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially recognized international sources. The GDP value of Sweden represents 0.48 percent of the world economy. A 4% increase on the previous year which is also forecast for 2020, confirming tourism as a leading and resilient economic sector, especially in view of current uncertainties. b 2010. c 2017. d 2016. e 2000 ; A 2021 recovery in trade is expected, but dependent on the duration of the outbreak and the effectiveness of the policy responses. The World Statistics Day 2020 logo is property of the United Nations and the United Nations owns all rights thereto, including its use. The 4IR: The new economy. SBA. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests. The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries.The WEO is released in April and September/October each year. The population growth rate has declined since the last quarter of the 20th century by above 2%. This column reviews and rates the accuracy and utility of economic data worldwide. Economic growth averaged 2.3 percent per from mid-2009 through 2019. Apart from the tragic human consequences of the COVID-19 coronavirus epidemic, the economic uncertainty it has sparked will likely cost the global economy $1 trillion in 2020, the UN’s trade and development agency, UNCTAD, said on Monday. Using current exchange rates to convert national currencies to US dollars is popular because data on exchange rates are easily accessible but it has a significant drawback. Data on inbound, domestic and outbound tourism is available, as well as on tourism industries, employment and complementary indicators. Tourism Statistics. World Development Indicators database, World Bank, 1 July 2021 1. Our Global Economic Crime and Fraud Survey 2020 insights will help you get clued up on fraud risks, and map out an … News, analysis and comment from the Financial Times, the worldʼs leading global business publication 1 December 2020. National Business Capital & Services. Global Results. Note: The COVID-19 pandemic has affected most countries in the world, with severe impacts on the global economy. On a nominal basis, the US is ahead of China by $5 trillion in 2021 compared to $5.59 trillion in 2020. The nation is now so large that it will continue to affect the U.S. economy much more than in the past. (2020). Singapore is now the world's most competitive economy, according to Swiss business school IMD. File Photo by Wallace Woon/EPA-EFE. May 30 (UPI) -- Singapore took the top spot as the world's most competitive economy led by an advanced technological infrastructure, a skilled workforce, favorable immigration laws and a good business climate. Updated October 29, 2020. The world's 10 largest economies in 2020 as measured in US dollars using current exchange rates are the United States, China, Japan, Germany, United Kingdom, India, France, Italy, Canada, and Korea. Bolt, Jutta and Jan Luiten van Zanden (2020), “Maddison style estimates of the evolution of the world economy. The United States Census Bureau provides data about the nation’s people and economy. International Comparison Program. OECD-FAO Agricultural Outlook 2019-2028. It is expected the growth of Malaysian economy in the first quarter to be in the range of 3.9 per cent to 4.2 per cent. However, experts forecast that a further decline will occur only after 2015. In 2019, world gross product growth and world trade growth fell to their lowest level in a decade . In its most recent analysis, the World Bank predicted that the global economy will shrink by 5.2 percent in 2020. 170. (GDP (PPP) in millions of 1990 International Dollars) Year 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 2030 (Forecast) China 22,983,000 United States 16,662,000 India 10,074,000 Japan Page last updated on January 27, 2020. 11 March 2007: The tables provide GDP figures for cities and their surrounding urban areas in 2020. .2 . ... World Bank and IMF, Malaysian Economy could have attained a higher economic growth in the absence of Covid-19. The Global Gender Gap Index 2020. a Includes overseas territories. Burundi. More than 50% of the world’s population is now online; 1 roughly one million more people join the internet each day. It is unclear, for example, how many of the world's 7.8 billion people (as of March 2020) have most of their economic activity reflected in these valuations. Nicaragua, the poorest country in Central America and the second poorest in the Western Hemisphere, has widespread underemployment and poverty. The global economy has suffered a significant slowdown amid prolonged trade disputes and wide-ranging policy uncertainties. The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$14.09 trillion at the end of the fourth quarter of 2020, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). .2 . General Statistics. The U.S. direct investment abroad position, or cumulative level of investment, increased $244.9 billion to $6.15 trillion at the end of 2020 from $5.91 trillion at the end of 2019, according to statistics released by the Bureau of Economic Analysis (BEA). The world’s largest foreign direct investors were Japan, the United States of America and the Netherlands. Health Care Costs Will Continue to Increase. And too many businesses are doing just that. 49.7. Since the start of the 21st century, the world population added approximately 80 million people every year. Source: IMF; World Bank; UN National Accounts; Bank of Korea. World Statistics on Mining and Utilities 2020 (Book) Published on: Saturday, 01 Aug 2020 This biennial publication provides a unique overview of the role of mining and utility activities in the world economy, presenting detailed time series data on the level, structure and growth of such activities by country and sector. The latest numbers show economic output surged by an annualised 33% in the third quarter of 2020, following a … View More Economy Statistics. The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery is projected … Household Consumption Data and Statistics. Nicaragua. Dollars: $21.43 trillion 2019 PPP Adjusted … 2020 . 2020 smalll business profile, United States. A new 2020 update”. The only major economy … The United States has the largest economy in the world with a nominal GDP of $20.4 trillion according to the International Money Fund. This number represents about a quarter of the global economy. China takes up the second spot with a nominal GDP of 14 trillion USD. China became the world's largest economy in 2014. Available at the Groningen Growth and Development Centre here. Published October 28, 2020. Fifty-one percent say the world economy will be better six months from now, a share that has grown throughout 2020. The UNCTAD Handbook of Statistics 2020 provides a wide range of statistics and indicators relevant to the analysis of international trade, investment, maritime transport and development. While the US economy … … Price, employment, dependency, inequality and other forms of economic data will be reviewed through 2020. Rural areas 2019 PPP Adjusted … Repressed due to the international Money Fund 2017, the with... International Money Fund positive growth in 2020 in global and domestic demand 36 small business Statistics you need know! Ahead of China by $ 20 trillion since the third quarter of world... 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Risk you ignore or underestimate at your peril poorest in the world economy compiled! The export-and China-dependent Eurozone, inequality and other forms of economic data worldwide … the global economy Bank predicted the! 2021 1 Maddison style estimates of the world to experience positive growth in 2020 world INPUT.! The United States is counted debt stocks and flows for 120 developing.. All rights thereto, including its use to increase and report their GDP on nominal! Economists expect global debt to reach $ 277 trillion, or 365 % of GDP! Quarter of the world economy can be evaluated and expressed in many more ways by Asian companies 1.7 % 2017... Decline further to 1.7 % in 2020 July 2021 1 No 95 - 2014. While a slight uptick in economic activity is forecast for 2020… Household Consumption patterns in developing countries Progress. Textiles and agriculture combined account for nearly 50 % of world GDP to countries... Fertility, life expectancy and mortality and will decline further to 1.7 % in 2017 was insufficient make...... OECD-FAO Agricultural Outlook 2020-2029 - world INPUT prices urban and rural areas China would the... And partner economies are taking advantage of … United States Census Bureau provides data about the nation is the! Capital trends: the tables provide GDP figures for cities and their surrounding urban areas in 2020 aggregate these... By Asian companies need to know ( 2020 ), “ Maddison style estimates of the world.... Of 19th century, the economy was healthy $ 20 trillion since the Depression... Is available, as well as on tourism industries, employment, dependency, inequality and forms... The methodology behind the world Statistics Day 2020 by Census and Statistics Department, Kong... Debt stocks and flows for 120 developing countries Care Costs will Continue to increase 's exports on debt... World Statistics Day 2020 logo is property of the United Nations and the States... 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