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The Trillion dollar club is an unofficial classification of the world's major economies with a gross domestic product (nominal GDP) of more than US$1 trillion per year. [1] [2] As of 2023, it included 19 countries. This does not include purchasing power parity, which increases the GDP of many countries with an undervalued currency, which are ...
Global map of total central government revenues, as share of GDP, 2022 [1] Global map of total central government expenditures, as share of GDP, 2022 [2]. This is the list of countries by government budget.
[nb 1] According to the World Bank, the 2013 nominal GWP was approximately 75.59 trillion United States dollars. [2] In 2017, according to the CIA's World Factbook, the GWP was around $80.27 trillion in nominal terms and totaled approximately 127.8 trillion international dollars in terms of purchasing power parity (PPP). [3]
Here are some of the best candidates to become a trillion-dollar stock. ... Time until $1 trillion: 1 year and 1 month. Eli Lilly (LLY) Market cap: $862 billion. Stock growth (3-year average ...
Here are the largest publicly traded companies and members of the trillion-dollar club. List of trillion-dollar companies *Market cap data as of Dec. 13, 2024. 1. Apple (AAPL) Apple designs and ...
In fiscal year 2024, the government collected $4.92 trillion in revenue, slightly up from $4.44 trillion in 2023. Despite this increase, federal spending is outpacing the money coming in.
To make it more meaningful for year-to-year comparisons, a nominal GDP may be multiplied by the ratio between the value of money in the year the GDP was measured and the value of money in a base year. For example, suppose a country's GDP in 1990 was $100 million and its GDP in 2000 was $300 million. Suppose also that inflation had halved the ...
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.