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According to the history countries that had a lof of natural resources were more developed than others.  However, with evolution of  the science not only new opportunities to earn money were found but also created new ways of extraction and usage of natural resources. Therefore, the impcat of natural resources on economy was not reduce. 

The differences in geographical location is one of the most important reason of economic variety among the world. For instanse, shares of natural resources in country's Gross Domestic Product.The  visualisation shows situation with natural resources from economic point of view in the XXI century.

 

World in 2020 Try now

World in 2020

Access and compare forecasts for more than 50 indicators related to a country’s economic, demographic, and energy futures from leading international institutions. Assess the historic quality of forecasts with our Forecast Accuracy Tracking Tool™ and select the most accurate forecast to support your analysis.

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World GDP Ranking 2016 | Data and Charts | Forecast

Global GDP is estimated to has grown by 3.09 percent in 2015 according to IMF World Economic Outlook. In 2016 world economy is continuing to slowly recover and projected to grow at modest 3.16 percent, before picking up to 3.54 percent in 2017. The recovery is driven mainly by developing economies which demonstrated the growth of 3.98 percent in 2015 and are expected to grow by 4.1 percent in 2016. At the same time, growth in advanced economies is estimated to has remained modest at 1.88 percent in 2015 and is projected to decrease to 1.86 percent in 2016. The United States, the largest economy in the world accounting for 24.5 percent of...

GDP by Country | Statistics from the World Bank, 1960-2015

GDP is the single most commonly referenced figure to cover the entirety of a national economy and its trajectory in a single statistic. Measured on the basis of purchasing power parities (PPP), GDP can be used for comparisons among peer countries. Using purchasing power parity with GDP involves a decrease of bias in economy estimation as PPP takes into account the relative cost of local goods, services and inflation rates of the country. Looking at the GDP figures from historic perspective allows understanding on what phase is the economy of a country at the moment. The data on GDP from the World Bank covers the period for the last half of...

GDP by Country | Statistics from IMF, 1980-2021

The visualizations on this page provide an access to the GDP data by country from the IMF's World Economic Outlook (WEO). The table shows the data on the GDP measured in current prices as well as based on purchasing power parities (PPP). Charts at the right visualize country's GDP presented in the table to enable a visual analysis of GDP dynamics. Take a look at other GDP-related dashboards: GDP: GDP by country from the World Bank |  GDP by country from IMF | World GDP ranking | World GDP GDP per capita: GDP per capita by country from the World Bank | GDP per capita by country from IMF | World GDP per capita ranking See also: G20...

World GDP per Capita Ranking 2016 | Data and Charts | Forecast

GDP per capita determines the level of economic development of the country: the higher the GDP per capita in a country the higher the economic wealth of its citizens. Since the beginning of the century, Luxembourg, Switzerland, and Norway have the sustainable high positions of GDPs per capita at current prices with Luxembourg being the leader. IN 2016, Luxembourg's GDP per capita has grown by 3,110 $ compared to 2015 to reach a level of approximately 100,000 US dollars. At that, the real GDP growth of Luxembourg is estimated at 3.5 percent in 2016 which is 1.3 percentage points less than in the previous year. GDP per capita based on...