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This is an accepted version of this page This is the latest accepted revision, reviewed on 3 February 2025. See also: Orders of magnitude (numbers) and Long and short scales Natural number 1000000000 List of numbers Integers ← 10 0 10 1 10 2 10 3 10 4 10 5 10 6 10 7 10 8 10 9 Cardinal One billion (short scale) One thousand million, or one milliard (long scale) Ordinal One billionth (short ...
On the other hand, the pre-1961 former French word billion, pre-1994 former Italian word bilione, Brazilian Portuguese word bilhão, and Welsh word biliwn all refer to 10 9, being short scale terms. Each of these words translates to the American English or post-1974 British English word billion (10 9 in the short scale).
Some countries have had events of inflation of 1 million percent or more in a single month, which usually results in the rapid abandonment of the currency. For example, in November 2008 the monthly inflation rate of the Zimbabwean dollar reached 79.6 billion percent (470% per day); the approximate value with three significant figures would be 7 ...
Different cultures used different traditional numeral systems for naming large numbers.The extent of large numbers used varied in each culture. Two interesting points in using large numbers are the confusion on the term billion and milliard in many countries, and the use of zillion to denote a very large number where precision is not required.
1000 million Mark Notgeld banknote (1923) of Frankfurt am Main. According to the Oxford English Dictionary, the word billion was formed in the 16th century (from million and the prefix bi-, "two"), meaning the second power of a million (1,000,000 2 = 10 12). This long scale definition was similarly applied to trillion, quadrillion and so on ...
In 1998, economic historian J. Bradford DeLong estimated the total GWP in 1990 U.S. dollars for the main years between one million years BCE and 2000 CE (shown in the table below). [6] 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$.