Thursday

28


November , 2019
World economy at a glance
16:06 pm

B.E. Bureau


UK

The Gross Domestic Product (GDP) –EUR 522,247 million

GDP from Agriculture - GBP 3003 million

Gross Domestic Product Growth Rate – 1.8%

GDP from Manufacturing- GBP 45925 million

Unemployment rate - 3.8%

Trade Deficit - GBP 3.36 billion

Top five trading partners

United States: US$65.3 billion (13.4% of total UK exports)

Germany: US$46.7 billion (9.6%)

Netherlands: US$33.1 billion (6.8%)

France: US$31.9 billion (6.5%)

Ireland: US$28.2 billion (5.8%)

France

The Gross Domestic Product (GDP) - US$545,778 million

GDP from Agriculture - EUR 8371 Million

Gross Domestic Product Growth Rate - 0.3%

GDP from Manufacturing - EUR 56895 Million

Unemployment rate - 8.6%

Trade Deficit - EUR 5.55 billion

Top five trading partners

Germany: US$83.3 billion (14.7% of total French exports)

United States: US$45.3 billion (8%)

Spain: US$44.3 billion (7.8%)

Italy: US$42.8 billion (7.5%)

Belgium: US$40.4 billion (7.1%)

Germany

The Gross Domestic Product (GDP) - US$773,057 million

GDP from Agriculture - EUR 7.53 billion

Gross Domestic Product Growth Rate - 0.1%

GDP from Manufacturing - EUR 167.27 billion

Unemployment rate - 3.1%

Trade Deficit - EUR 21.1 billion

Top five trading partners

United States: US$134 billion (8.6% of total German exports)

France: US$124.4 billion(8%)

China: US$109.9 billion (7.1%)

Netherlands: US$99.8 billion (6.4%)

United Kingdom: US$96.8 billion (6.2%)

Singapore

Gross Domestic Product (GDP) - $585.055 billion

GDP from Agriculture – 0%

Gross Domestic Product Growth Rate - 0.60%

GDP from Manufacturing - SGD 22870.10 million

Unemployment rate - 2.3%

Trade Deficit - SGD 3783.84 million

Top five trading partners

  1. China: US$50.4 billion (12.2% of total Singaporean exports)
  2. Hong Kong: US$48.6 billion (11.8%)
  3. Malaysia: US$44.9 billion (10.9%)
  4. Indonesia: US$33 billion (8%)
  5. United States: US$31.9 billion (7.7%)

Japan

Gross Domestic Product (GDP) - US$1,002,799 million

GDP from Agriculture- 4534.47 JPY billion

Gross Domestic Product Growth Rate - 1.30%

GDP from Manufacturing - JPY 110733.00 billion

Unemployment rate - 2.4%

Trade Deficit - JPY 123 billion

Top five trading partners

  1. China: US$144 billion (19.5% of Japan’s total exports)
  2. United States: US$140.6 billion (19%)
  3. South Korea: US$52.5 billion (7.1%)
  4. Taiwan: US$42.4 billion (5.7%)
  5. Hong Kong: US$34.7 billion (4.7%)

Myanmar

Gross Domestic Product (GDP) – US$ 65.99 billion

GDP from Agriculture–US$ 71.21 billion (2018)

Gross Domestic Product Growth Rate - 6.80%

GDP from Manufacturing - NA

Unemployment rate - 1.58%

Trade Deficit – US$ 38.20 Million

Top five trading partners

1.     

China: US$ 5,398 million (38.89%)

2.     

Thailand: US$ 2,699 million (19.44%)

3.     

Japan: US$ 903 million (6.51%)

4.     

Singapore: US$ 735 million (5.30%)

5.     

India: US$ 708 million (5.10%)

USA

Gross Domestic Product (GDP) – US$ 21200.00 billion

GDP from Agriculture - US$238.50 billion

Gross Domestic Product Growth Rate - 1.9%

GDP from Manufacturing - US$ 2167.30 billion

Unemployment rate - 3.6%

Trade Deficit - US$ 55.2 billion

Top five trading partners

1.     

China – US$636 billion.

2.     

Canada – US$582.4 billion.

3.     

Mexico – US$557 billion.

4.     

Japan – US$204.2 billion.

5.     

Germany – US$171.2 billion.

China

The Gross Domestic Product (GDP)- US$ 14,216.5 billion

GDP from Agriculture - CNY 68682.77 HML

Gross Domestic Product Growth Rate - 1.5%

GDP from Manufacturing - CNY 233457 HML

Unemployment rate - 3.61%

Trade Deficit - US$ 42.81 billion

Top five trading partners

1.     United States: US$479.7 billion (19.2% of total Chinese exports)

2.     Hong Kong: $303 billion (12.1%)

3.     Japan: $147.2 billion (5.9%)

4.     South Korea: $109 billion (4.4%)

5.     Vietnam: $84 billion (3.4%)

Australia

The Gross Domestic Product (GDP) - US$ 275,141 million

GDP from Agriculture - AUD 10618 million

Gross Domestic Product Growth Rate - 1.4%

GDP from Manufacturing - AUD 25618 million

Unemployment rate - 5.3%

Trade Deficit - AUD 7.18 billion

Top five trading partners

1.     China: US$74 billion (29.2% of total Australian exports)

2.     Japan: US$26.2 billion (10.3%)

3.     South Korea: US$13.6 billion (5.4%)

4.     India: US$10.1 billion (4%)

5.     United States: US$9.2 billion (3.6%)

New Zealand

The Gross Domestic Product (GDP) - US$ 205.02 billion (2018)

GDP from Agriculture - NZD 3379 million

Gross Domestic Product Growth Rate - 2.1%

GDP from Manufacturing - NZD 6056 million

Unemployment rate - 4.3%

Trade Deficit – NZD 1242 million

Top five trading partners

1.     China: US$9.6 billion (24.9% of New Zealand’s total exports)

2.     Australia: US$5.7 billion (14.8%)

3.     United States: US$3.7 billion (9.6%)

4.     Japan: US$2.4 billion (6.3%)

5.     South Korea: US$1.2 billion (3.1%)

 

Source: World Development Report of World Bank, Office for National Statistics, INSEE-France, Federal Statistical Office, Statistics Singapore, Cabinet Office-Japan, Ministry of Internal Affairs & Communications-Japan, Statista, The Ministry of Commerce-Myanmar, U.S. Bureau of Economic Analysis (BEA), U.S. Bureau of Labor Statistics, National Bureau of Statistics of China, Ministry of Human Resources and Social Security of China, General Administration of Customs-China, Australian Bureau of Statistics, Statistics New Zealand.

- According to latest available data of 2019

 

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