Trillion dollar club (macroeconomics): Difference between revisions
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*{{note|1}} In 2007, South Korea was excluded from the trillion dollar club for the nonce due to the currency fluctuation led by world economy decrepitation.<ref name="Forbes" /><ref>[https://www.cia.gov/library/publications/the-world-factbook/geos/ks.html CIA -The World Factbook -- Korea, South]</ref> |
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Revision as of 02:02, 24 December 2008
The Trillion dollar club is an unofficial classification of the world's major economies with a gross domestic product of more than USD $1 trillion per year. The classification does not pertain to data based on purchasing power parity theory.
The trillion dollar club includes: United States, Japan, Germany, China, United Kingdom, France, Italy, Spain, Canada, Brazil, Russia, India,[1] and Mexico.
Chronological order
United States
Japan
Germany
United Kingdom
France
Italy
China
Mexico
Spain
Canada
South Korea [1]
Brazil
Russia
India
- ^ In 2007, South Korea was excluded from the trillion dollar club for the nonce due to the currency fluctuation led by world economy decrepitation.[1][2]
All four of the BRIC countries are currently $1 trillion economies. Since economic conditions are subject to rapid change, a country could achieve the GDP mark one year and then produce less than $1 trillion in goods and services the following year. Data are compiled differently by different organizations, so some countries could be off the list depending on the source.
See also
References
- ^ a b David, Ruth (04.26.07). "Welcome To The Trillion Dollar Club". Forbes.
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(help) - ^ CIA -The World Factbook -- Korea, South