14, Feb 2012, CET. Welcome to the Econ Stats Beta from EconomyWatch.com.

Economic Indicators For: Advanced Economies › Change country
Countries in this region: Australia, Austria, Belgium, Canada, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Hong Kong, Iceland, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, San Marino, Sweden, Switzerland, Taiwan, United Kingdom, United States

Overview: Advanced eonomies are experiencing a serious downturn in the face of the most dangerous shock in mature financial markets since the 1930s. The major advanced economies are in recession, following the world economy.

Sources: International Monetary Fund (IMF)

GDP Growth (Constant Prices, National Currency) for Advanced Economies in year 2005 is 2.668 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, US Dollars) for Advanced Economies in year 2005 is US$ 34,712.90 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Advanced Economies in year 2005 is 109.765 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

Output Gap, Percent of Potential GDP for Advanced Economies in year 2005 is -0.067 %. Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

GDP (PPP), US Dollars for Advanced Economies in year 2005 is US$ 33,277.84 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Advanced Economies in year 2005 is US$ 33,671.95 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Advanced Economies in year 2005 is 58.667 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Investment (% of GDP) for Advanced Economies in year 2005 is 21.162 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Gross National Savings (% of GDP) for Advanced Economies in year 2005 is 19.855 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Inflation (Average Consumer Price Change %) for Advanced Economies in year 2005 is 2.325 %. Data for inflation are averages for the year, not end-of-period data.

Inflation (End of Year Change %) for Advanced Economies in year 2005 is 2.498 %. Data for inflation are end of the period, not annual average data.

Import Volume of All Items Including Goods and Services (Percent Change) for Advanced Economies in year 2005 is 6.474 %.

Import Volumes of Goods Only (Percent Change) for Advanced Economies in year 2005 is 6.33 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Advanced Economies in year 2005 is 6.18 %.

Export Volumes of Goods Only (Percent Change) for Advanced Economies in year 2005 is 5.675 %.

Terms of Trade of All Items Including Services and Goods (Percent Change) for Advanced Economies in year 2005 is -1.435 %.

Terms of Trade of Goods (Percent Change) for Advanced Economies in year 2005 is -1.806 %.

Export Prices, All Manufactures (Index, 2000=100, US Dollars) for Advanced Economies in year 2005 is US$ 117.502 .

Export Price of Manufactures (% Change, US Dollars) for Advanced Economies in year 2005 is 2.608 %.

Unemployment Rate (% of Labour Force) for Advanced Economies in year 2005 is 6.215 %.

Employment for Advanced Economies in year 2005 is 103.907 Million .

General government revenue (% of GDP) for Advanced Economies in year 2005 is 36.772 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (% of GDP) for Advanced Economies in year 2005 is 39.199 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (% of GDP) for Advanced Economies in year 2005 is -2.424 %.

General Government Structural Balance (% Potential GDP) for Advanced Economies in year 2005 is -2.358 %. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

General Government Balance (% of GDP) for Advanced Economies in year 2005 is -0.778 %. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

Total Government Net Debt (% of GDP) for Advanced Economies in year 2005 is 47.825 %. Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.

Total Government Gross Debt (% of GDP) for Advanced Economies in year 2005 is 77.449 %. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Current Account Balance (US Dollars) for Advanced Economies in year 2005 is US$ -411.169 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Advanced Economies in year 2005 is -1.184 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Imports of Goods and Services (US Dollars) for Advanced Economies in year 2005 is US$ -9,292.59 Billions.

Exports of Goods and Services (US Dollars) for Advanced Economies in year 2005 is US$ 8,969.30 Billions.