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Economic Indicators For: Other Advanced Economies (Excluding G7 and Eurozone) › Change country
Countries in this region: Australia, Czech Republic, Denmark, Hong Kong, Iceland, Israel, Korea, 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)

GDP Growth (Constant Prices, National Currency) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is 6.477 %. 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 1987 is US$ 1,162.59 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 1987 is 59.028 (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 1987 is US$ 1,263.99 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 Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is US$ 10,698.35 . 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 Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is 6.716 %. 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.

Inflation (Average Consumer Price Change %) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is 5.449 %. 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 1987 is n/a %. Data for inflation are end of the period, not annual average data.

Import Volume of All Items Including Goods and Services (Percent Change) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is 11.337 %.

Import Volumes of Goods Only (Percent Change) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is 11.726 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is 12.293 %.

Export Volumes of Goods Only (Percent Change) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is 13.338 %.

Terms of Trade of All Items Including Services and Goods (Percent Change) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is 0.777 %.

Terms of Trade of Goods (Percent Change) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is 0.234 %.

General government revenue (% of GDP) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is n/a %. 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 Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is n/a %. 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 Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is n/a %.

General Government Structural Balance (% Potential GDP) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 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.

Total Government Gross Debt (% of GDP) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is n/a %. 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 Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is US$ 20.6 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 Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is 1.772 %. 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 Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is US$ -416.763 Billions.

Exports of Goods and Services (US Dollars) for Other Advanced Economies (Excluding G7 and Eurozone) in year 1987 is US$ 448.658 Billions.