Which country has the best economy in 2011?

Which country has the best economy in 2011?

The five economies with the highest GDP per capita are Qatar, Macao SAR, China,, Luxembourg, Kuwait, and Brunei. The first two economies have more than $100,000 per capita. Eleven economies have more than $50,000 per capita, while they collectively account for less than 0.6 percent of the world’s population.

What is the GDP of the world in 2011?

Global GDP by Year

Year GDP Real (Inflation adj.) GDP Nominal (Current USD)
2014 $73,725,379,037,299 $79,319,858,280,899
2013 $71,687,932,799,352 $77,218,621,016,248
2012 $69,835,075,997,485 $75,061,410,005,884
2011 $68,117,537,705,699 $73,367,916,052,190

What was the economic growth in 2011?

2.8 percent
According to today’s data release from the Bureau of Economic Analysis, gross domestic product—the broadest measure of the nation’s economic activity—grew at an annualized rate of 2.8 percent in the fourth quarter of 2011, an increase from the previous quarter’s 1.8 percent growth rate and the highest quarterly rate of …

Which country had the largest economy in 2010?

By average values of GDP (nominal)

Year 1st 4th
2020 United States 20,936.600 Germany 3,806.060
2015 United States 18,036.650 Germany 3,365.293
2010 United States 14,964.400 Germany 3,309.668
2005 United States 13,093.700 United Kingdom 2,511.165

Which country is No 1 in world?

For the first time, Canada takes the top overall spot as the number one country in the world in the 2021 Best Countries Report. After ranking second in 2020, Canada has surpassed Switzerland in the 2021 report followed by Japan, Germany, Switzerland, and Australia.

Which is the richest country in past?

Italy and Greece rank behind the land of the Nile with the second and third richest histories, respectively, and Turkey rounded out the top 10. The United States did not score high among respondents’ scoring at No….10 Countries With the Richest Histories.

Country Rich History Rank Overall Best Countries Rank
Egypt 1 45
Italy 2 16
Greece 3 29
China 4 20

What was the GDP of India in 2011 and 2012?

31.41 lakh crore in 2011-12 at current prices. At constant prices (2004-05), it increased from Rs. 21.20 lakh crore in 2010-11 to Rs. 21.32 lakh crore in 2011-12.

What caused the recession of 2011?

The major causes of the initial subprime mortgage crisis and the following recession include lax lending standards contributing to the real-estate bubbles that have since burst; U.S. government housing policies; and limited regulation of non-depository financial institutions.

What was the economy like in 2012?

At the end of 2012, the U.S. debt was $16.05 trillion. That made the debt-to-GDP ratio 100%, higher than at any time since World War II. 23 Debt was driven by government spending and reduced revenue from taxes, thanks to slow economic growth. The Fiscal Year 2012 budget deficit was $1.077 trillion.

Which country has the highest GDP in 2013?

Gross Domestic Product in TOP 10 Largest Economies 2013

Rank Country 2013
1 United States 16,800
2 China 9,240
3 Japan 4,901
4 Germany 3,634

Which country has the highest GDP in 2014?

GDP, current prices

Units 2014
United States U.S. dollars (Billions) 17,418.9
China U.S. dollars (Billions) 10,380.4
Japan U.S. dollars (Billions) 4,616.3
Germany U.S. dollars (Billions) 3,859.5

What country is safest?

The Top 10 Safest Countries in the World

  • Iceland. Rank Last Year: No. 5 overall.
  • New Zealand. Rank Last Year: 2. Why It’s Ranked Highly.
  • Canada. Rank Last Year: 1. Why It’s Ranked Highly.
  • Sweden. Rank Last Year: 7.
  • Japan. Rank Last Year: 10.
  • Australia. Rank Last Year: 3.
  • Switzerland. Rank Last Year: 5.
  • Ireland. Rank Last Year: 9.

What is the world economy?

The world economy or the global economy is the economy of all humans of the world, referring to the global economic system which includes all economic activities which are conducted both within and between nations, including production, consumption, economic management, work in general, exchange of financial values and trade of goods and services.

How many countries in the world have a 2 trillion economy?

World economy. As of 2017, the following 15 countries or regions have reached an economy of at least US$2 trillion by GDP in nominal or PPP terms: Brazil, China, India, Germany, France, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Turkey, the United Kingdom, the United States and the European Union.

How much is the GDP of a country?

In 2017, global GDP amounted to about 80.14 trillion U.S. dollars. Gross domestic product. Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually.

What is the economic status of China in the world?

Since China’s transition to a market-based economy through controlled privatisation and deregulation, the country has seen its ranking increase from ninth, in 1978, to second, in 2016. Economic growth accelerated and its share of global nominal GDP surged from 2% in 1980 to 15% in 2016.