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Gross Domestic Product ( GDP) is a monetary measure of the market value [2] of all the final goods and services produced and rendered in a specific time period by a country [3] or countries. [4] [5] [6] GDP is often used to measure the economic health of a country or region. [3] Definitions of GDP are maintained by several national and ...
Reagan did not control the rapid increase in federal government spending or reduce the deficit, but his record looks better when expressed as a percent of the gross domestic product. Federal revenues as a percent of the GDP fell from 19.6% in 1981 when Reagan took office to 18.3% in 1989 when he left.
The UK is a developed country and has the world's sixth-largest economy by nominal gross domestic product (GDP). It is a recognised nuclear state, and is ranked fourth globally in military expenditure. The UK has been a permanent member of the UN Security Council since its first session in 1946.
This is a list of South American nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP) for the latest years recorded in the CIA World Factbook. The figures provided are quoted in US dollars and are 2017 estimates unless otherwise noted.
Economy of Guatemala. All values, unless otherwise stated, are in US dollars. The economy of Guatemala is a considered a developing economy, highly dependent on agriculture, particularly on traditional crops such as coffee, sugar, and bananas. [15] Guatemala 's GDP per capita is roughly one-third of Brazil's. [16]
The economy of Kerala is the 9th largest in India, with an annual gross state product (GSP) of ₹9.78 lakh crore (US$131.98 billion) in 2020–2021. [2] Per-capita GSP of Kerala during the same period is ₹257,711 (US$3,100), the sixth largest in India. [1] In 2019–20, the tertiary sector contributed around 63% of the state's GSVA, compared ...
Economy of Kazakhstan. All values, unless otherwise stated, are in US dollars. The economy of Kazakhstan is the largest in Central Asia in both absolute and per capita terms. In 2021, Kazakhstan attracted more than US$370 billion of foreign investments since becoming an independent republic after the collapse of the former Soviet Union.
One of the world's fastest growing economies, Dubai's gross domestic product is projected at over US$177 billion in 2021, with a growth rate of 6.1% in 2014. Although a number of core elements of Dubai's trading infrastructure were built on the back of the oil industry, [149] revenues from oil and natural gas account for less than 5% of the ...