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[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
GDP (PPP) means gross domestic product based on purchasing power parity.This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person recalculated according to the changing number of the population of the country.
Such fluctuations change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. For change of GDP per capita over time as a measure of economic growth , see real GDP growth and real GDP per capita growth .
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.
This week’s reports provide a snapshot of how the economy ended 2024. While market swings are likely, the data is unlikely to alter the Federal Reserve’s approach. The Fed appears committed to ...
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition) and/or other sources. [1] For older GDP trends, see List of regions by past GDP (PPP).
So, with this awesome backdrop, here are 10 expectations that will affect our job market, your careers, and the world in general. A.I., especially the Ethics of. Said it already: the biggest in ...