The Trillion dollar club is an unofficial classification of the world's major economies with a gross domestic product (nominal GDP) of more than USD 1 trillion per year.[1][2]
Due to the world financial crisis, South Korea and Australia exited the trillion dollar club as their nominal GDPs shrank below $1 trillion in 2008 and 2009 respectively. Australia rejoined the list in 2010 while South Korea did so in 2011 as these countries' nominal GDPs once again were above $1 trillion. Accordingly with the IMF, Mexico's estimated nominal GDP in 2009 also disminished below the trillion dollar mark, although other sources such as the CIA reported it above the mark.
Africa and Antarctica are the only continents without countries included in the group.
[edit] Chronological order of current nations having at least US$1 trillion
Economies exceeding $1t in 2010 (
log scale)
[edit] Former nation that had US$1 trillion economy
All of the G8 and BRIC countries are currently $1 trillion economies in United States dollars. Since currency valuations can be subject to rapid change, a country could achieve the USD 1 trillion nominal GDP mark one year and then produce less than that in total goods and services the following year(s). The 2010 data used here are compiled according to the International Monetary Fund (IMF) values. As for the former Soviet Union, the last statistics about its economy stated that it had an over US$2.5 trillion economy in the 1990 fiscal year, before its collapse. Also, it is unknown what year the Soviet Union first reached the mark.[10]
[edit] See also
[edit] References
- ^ Welcome to the Trillion Dollar Club - Forbes.com 26 April 2007
- ^ Indian joins the Trillion Dollar Club - The Hindu 27 April 2007
- ^ http://www.imf.org/external/pubs/ft/weo/2009/01/weodata/weorept.aspx?pr.x=65&pr.y=14&sy=1980&ey=2014&scsm=1&ssd=1&sort=country&ds=.&br=1&c=193%2C273%2C223%2C156%2C924%2C922%2C184%2C132%2C134%2C534%2C136%2C112%2C158%2C111%2C542&s=NGDPD&grp=0&a=
- ^ http://www.nationmaster.com/graph/eco_gdp-economy-gdp&date=1970
- ^ a b c d e f g h i j k l m "Field Listing :: GDP (official exchange rate)". Central Intelligence Agency.. https://www.cia.gov/library/publications/the-world-factbook/fields/2195.html.
- ^ http://www.nationmaster.com/graph/eco_gdp-economy-gdp&date=1979
- ^ a b c d e f g h i j "Report for Selected Countries and Subjects". IMF. http://www.imf.org/external/pubs/ft/weo/2009/02/weodata/weorept.aspx?pr.x=44&pr.y=10&sy=1980&ey=2008&scsm=1&ssd=1&sort=country&ds=.&br=1&c=193,273,223,156,924,922,184,132,134,534,136,112,542&s=NGDPD&grp=0&a=. Retrieved 2009-10-31.
- ^ World Bank
- ^ http://www.imf.org/external/pubs/ft/weo/2009/01/weodata/weorept.aspx?pr.x=65&pr.y=14&sy=1980&ey=2014&scsm=1&ssd=1&sort=country&ds=.&br=1&c=193%2C273%2C223%2C156%2C924%2C922%2C184%2C132%2C134%2C534%2C136%2C112%2C158%2C111%2C542&s=NGDPD&grp=0&a=
- ^ a b "Economy of the Soviet Union". Wikipedia. http://en.wikipedia.org/wiki/Economy_of_the_Soviet_Union. Retrieved 2011-10-18.
United States
Japan
Germany
France
Italy
United Kingdom
China
Spain
Canada
Brazil
Mexico
India
Russia
South Korea
Australia
Soviet Union
