World Average Economic Statistics and Indicators

28, May 2012, CEST. Welcome to the World Average economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

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Economic Indicators for World Average 2010

Current Account Balance (US Dollars) for World Average in year 2010 is US$ 6.76 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 World Average in year 2010 is -2.68 %. 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.

Three-month London Interbank Offered Rate (LIBOR) Change % for World Average in year 2010 is 0.05 %.

General Government Balance (% of GDP) for World Average in year 2010 is -1.03 %. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

General Government Structural Balance (% Potential GDP) for World Average in year 2010 is -0.95 %. 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.

Employment for World Average in year 2010 is 4.48 Million .

Unemployment Rate (% of Labour Force) for World Average in year 2010 is 4.82 %.

Output Gap, Percent of Potential GDP for World Average in year 2010 is -0.36 %. 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 (Current Prices, US Dollars) for World Average in year 2010 is US$ 1403.50 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 World Average in year 2010 is 1121.10 (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 Growth (Constant Prices, National Currency) for World Average in year 2010 is 4.08 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP Growth (Constant Prices, US Dollars) for World Average in year 2010 is 0.26 %.

Gross National Savings (% of GDP) for World Average in year 2010 is 18.64 %. 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.

Investment (% of GDP) for World Average in year 2010 is 21.70 %. 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 (End of Year Change %) for World Average in year 2010 is 5.51 %. Data for inflation are end of the period, not annual average data.

Inflation (Average Consumer Price Change %) for World Average in year 2010 is 4.73 %. Data for inflation are averages for the year, not end-of-period data.

GDP (PPP), US Dollars for World Average in year 2010 is US$ 1631.44 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 World Average in year 2010 is US$ 13802.45 . 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 World Average in year 2010 is 1.62 %. 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.

Import Volumes of Goods Only (Percent Change) for World Average in year 2010 is 8.25 %.

Import Volume of All Items Including Goods and Services (Percent Change) for World Average in year 2010 is 7.94 %.

Trade Volumes, All Trade (Percent Change) for World Average in year 2010 is 0.83 %.

Terms of Trade of All Items Including Services and Goods (Percent Change) for World Average in year 2010 is 1.41 %.

Terms of Trade of Goods (Percent Change) for World Average in year 2010 is 0.85 %.

Export Prices, All Manufactures (Index, 2000=100, US Dollars) for World Average in year 2010 is US$ 8.79 .

Export Price of Manufactures (% Change, US Dollars) for World Average in year 2010 is 0.20 %.

Export Volumes of Goods Only (Percent Change) for World Average in year 2010 is 9.04 %.

Export Volume of All Items Including Goods and Services (Percent Change) for World Average in year 2010 is 7.69 %.

* Source: IMF
World Average Economic Indicators in other Years
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World Average Economic Indicators for Year 2010 (Current)
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