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MANAGING THE GLOBAL ECONOMY Managing the Global Economy Managing the Global Economy Sets of Data in Tables United States Series Title Currency Units 2008 2009 2010 Gross Domestic Product Key indicators GDP (% real change pa) 0.00 -2.63 2.85 Nominal GDP (US$ at PPP) PPP bn 14,369.10 14,119.10 14,660.40 Real expenditure on GDP Real GDP LCU bn 13,228.80 12,880.60 13,248.20 Real private consumption LCU bn 9,265.03 9,153.90 9,313.65 Real government consumption LCU bn 2,502.70 2,542.60 2,568.38 Real gross fixed investment LCU bn 1,996.95 1,630.63 1,694.78 Real stockbuilding LCU bn -37.63 -113.13 62.63 Real exports of G&S LCU bn 1,647.70 1,490.72 1,665.53 Real imports of G&S LCU bn 2,151.75 1,853.78 2,088.05 Real domestic demand LCU bn 13,727.00 13,214.00 13,639.40 Real private consumption (US$ at 2005 prices) US$ bn 9,265.00 9,153.90 9,313.60 Real government consumption Real government consumption (US$ at 2005 prices) US$ bn 2,502.70 2,542.60 2,568.30 Real expenditure on GDP Expenditure on GDP GDP (% real change pa) 0.00 -2.63 2.85 Private consumption (% real change pa) -0.26 -1.20 1.75 Government consumption (% real change pa) 2.82 1.59 1.01 Source: www.worldbank.org India Series Title Currency Units 2008 2009 2010 Gross Domestic Product GDP (% real change pa) 5.06 9.11 8.81 Nominal GDP (US$ at PPP) PPP bn 3,459.60 3,809.20 4,184.00 Real expenditure on GDP Real GDP LCU bn 44,629.70 48,693.20 52,981.30 Real private consumption LCU bn 26,500.10 28,485.40 30,929.80 Real government consumption LCU bn 4,887.36 5,669.13 5,941.97 Real gross fixed investment LCU bn 14,500.10 15,517.80 16,915.70 Real stockbuilding LCU bn 817.51 1,717.06 1,846.42 Real exports of G&S LCU bn 10,573.20 9,821.47 11,107.20 Real imports of G&S LCU bn 13,631.00 13,343.20 14,199.00 Real domestic demand LCU bn 46,705.10 51,389.40 55,633.90 Real GDP (PPP US$ at 2005 prices) PPP bn 3,185.00 3,475.00 3,781.00 Real GDP (US$ at 2005 prices) US$ bn 1,055.10 1,151.20 1,252.50 Real private consumption (US$ at 2005 prices) US$ bn 617.00 663.20 720.10 Real government consumption Real government consumption (US$ at 2005 prices) US$ bn 115.00 133.40 139.80 Real expenditure on GDP Real gross fixed investment (US$ at 2005 prices) US$ bn 362.10 407.40 443.50 Real exports of G&S (US$ at 2005 prices) US$ bn 238.30 221.40 250.40 Real imports of G&S (US$ at 2005 prices) US$ bn 302.00 295.60 314.60 Real domestic demand (US$ at 2005 prices) US$ bn 1,094.10 1,204.00 1,303.40 Rebasing residual (US$ at 2005 prices) US$ bn 24.70 21.40 13.30 Expenditure on GDP GDP (% real change pa) 5.06 9.11 8.81 Private consumption (% real change pa) 6.56 7.49 8.58 Government consumption (% real change pa) 11.71 16.00 4.81 Source: www.worldbank.org China Series Title Currency Units 2008 2009 2010 Gross Domestic Product GDP (% real change pa) 9.63 9.20 10.30 Nominal GDP (US$ at PPP) PPP bn 8,315.00 9,163.00 10,203.00 Real expenditure on GDP Real GDP LCU bn 21,483.40 23,459.90 25,876.30 Real private consumption LCU bn 7,583.40 8,224.80 8,730.40 Real government consumption LCU bn 2,862.90 3,102.40 3,511.70 Real gross fixed investment LCU bn 8,345.40 10,366.70 11,600.60 Real stockbuilding LCU bn 667.30 515.00 594.90 Real exports of G&S LCU bn 10,078.10 9,658.10 11,594.00 Real imports of G&S LCU bn 8,047.80 8,422.70 10,170.90 Real domestic demand LCU bn 19,459.00 22,208.90 24,437.60 Real GDP (PPP US$ at 2005 prices) PPP bn 7,655.00 8,359.00 9,220.00 Real GDP (US$ at 2005 prices) US$ bn 3,220.50 3,516.80 3,879.00 Real private consumption (US$ at 2005 prices) US$ bn 1,162.50 1,260.80 1,338.30 Real government consumption Real government consumption (US$ at 2005 prices) US$ bn 438.90 475.60 538.30 Real expenditure on GDP Real gross fixed investment (US$ at 2005 prices) US$ bn 1,378.60 1,664.50 1,865.50 Real exports of G&S (US$ at 2005 prices) US$ bn 1,202.00 1,151.90 1,382.80 Real imports of G&S (US$ at 2005 prices) US$ bn 975.20 1,020.60 1,232.40 Real domestic demand (US$ at 2005 prices) US$ bn 2,980.00 3,400.90 3,742.10 Rebasing residual (US$ at 2005 prices) US$ bn 13.70 -15.40 -13.50 Expenditure on GDP GDP (% real change pa) 9.63 9.20 10.30 Private consumption (% real change pa) 8.40 8.50 6.10 Government consumption (% real change pa) 9.00 8.40 13.20 Source: www.worldbank.org Euro Asia Series Title Currency Units 2008 2009 2010 Gross Domestic Product GDP (% real change pa) 0.30 -4.10 1.70 Nominal GDP (US$ at PPP) PPP bn 10,866.00 10,552.00 10,828.00 Real expenditure on GDP Real GDP LCU bn 7,359.50 7,056.00 7,177.10 Real private consumption LCU bn 4,104.90 4,055.60 4,085.80 Real government consumption LCU bn 1,459.60 1,495.00 1,504.00 Real gross fixed investment LCU bn 1,581.80 1,346.00 1,373.00 Real exports of G&S LCU bn 3,361.70 2,922.60 3,244.50 Real imports of G&S LCU bn 3,150.30 2,783.30 3,039.80 Real domestic demand LCU bn 5,082.20 4,907.70 4,954.60 Real GDP (PPP US$ at 2005 prices) PPP bn 10,100.00 9,685.00 9,846.00 Real GDP (US$ at 2005 prices) US$ bn 10,802.50 10,357.10 10,534.80 Real private consumption (US$ at 2005 prices) US$ bn 6,057.70 5,985.10 6,029.50 Real government consumption Real government consumption (US$ at 2005 prices) US$ bn 2,220.60 2,274.40 2,288.10 Real expenditure on GDP Real gross fixed investment (US$ at 2005 prices) US$ bn 2,313.40 1,968.60 2,008.10 Real exports of G&S (US$ at 2005 prices) US$ bn 4,513.30 3,923.90 4,356.10 Real imports of G&S (US$ at 2005 prices) US$ bn 4,298.40 3,797.70 4,147.70 Real domestic demand (US$ at 2005 prices) US$ bn 10,591.70 10,228.10 10,325.80 Rebasing residual (US$ at 2005 prices) US$ bn -4.10 2.80 0.60 Expenditure on GDP GDP (% real change pa) 0.30 -4.10 1.70 Private consumption (% real change pa) 0.40 -1.20 0.70 Government consumption (% real change pa) 2.20 2.40 0.60 Gross fixed investment (% real change pa) -1.40 -14.90 2.00 Source: www.worldbank.org Comparing and Contrasting Economies The monthly Economic data being put out by India, China, Euro Zone and the United States continues to showcase the pushes and pulls in the global Economy with investments in Europe and Latin America rapidly. Also evident is the IMF funding up to $130 billion and the other $54 billion coming from Private Enterprise (Sheehan 2011, p. 45). As one would appreciate, even in Europe where China is investing ...
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