21, Mar 2010, CDT. Welcome to the Econ Stats Beta from EconomyWatch.com.
Economic Indicators For: Other Advanced Economies (Excluding G7 and Eurozone) › Change country
Countries in this region: Australia, Czech Republic, Denmark, Hong Kong, Iceland, New Zealand, Norway, Sweden, Switzerland, Taiwan
Overview: There is no formally agreed upon measure to define what is an ‘advanced’ or ‘developed’ economy, and what is still ‘developing’. The UN approximates this divide by looking at the Human Development Index (HDI) and includes countries with a HDI over 0.9. The IMF focuses more on economic performance, and defines Other Advanced Economies not included in the G7 or Eurozone as Australia, New Zealand, Hong Kong, Singapore, South Korea, Taiwan and Israel.
Sources: International Monetary Fund (IMF)
| For Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 | Indicator Value | |
|---|---|---|
| GDP (Current Prices, US Dollars) | US$ 816.644 Billion | |
| GDP Deflator | 50.843 (Index, Base Year as per country's accounts = 100) | |
| GDP (PPP), US Dollars | US$ 1,171.39 Billion | |
| GDP Share of World Total (PPP) | 6.328 % | |
| Inflation (Average Consumer Price Change %) | 15.241 % | |
| Inflation (End of Year Change %) | n/a % | |
| General Government Balance (% of GDP) | -0.266 % | |
| General Government Structural Balance (% Potential GDP) | n/a % | |
| Current Account Balance (US Dollars) | US$ 5.125 Billion | |
| Current Account Balance (% GDP) | 0.628 % | |
GDP Growth (Constant Prices, National Currency) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 is 4.307 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.
GDP (Current Prices, US Dollars) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 is US$ 816.644 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 Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 is 50.843 (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.
GDP (PPP), US Dollars for Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 is US$ 1,171.39 Billion. 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 Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 is 6.328 %. 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.
Inflation (Average Consumer Price Change %) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 is 15.241 %. Data for inflation are averages for the year, not end-of-period data.
Inflation (End of Year Change %) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 is n/a %. Data for inflation are end of the period, not annual average data.
General Government Balance (% of GDP) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 is -0.266 %. Data are on a national income accounts basis. Please refer to Box A1 in the World Economic Outlook for a summary of the policy assumptions underlying the projections.
General Government Structural Balance (% Potential GDP) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 is n/a %. 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.
Current Account Balance (US Dollars) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 is US$ 5.125 Billion. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries.
Current Account Balance (% GDP) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1985 is 0.628 %. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries.
