World’s 86 Trillion Economy

The world economy is the sum of the economic activities of all countries and regions in the world. It measures the total output of goods and services, as well as the income and wealth of the people who produce and consume them. One of the most common ways to measure the size of the world economy is by using the gross domestic product (GDP) of each country or region, and adding them up to get the global GDP.

According to the latest data from the World Bank, the global GDP in 2018 was $85.8 trillion, which means that the value of all the goods and services produced in the world in that year was equivalent to $85.8 trillion. This was an increase of 6.9% from the previous year, when the global GDP was $80.2 trillion. However, this growth rate was lower than the average of 7.5% in the past decade, indicating a slowdown in the world economy.

The world economy is not evenly distributed among the countries and regions of the world. Some countries and regions have larger and more developed economies than others, and contribute more to the global GDP. The following table shows the top 15 economies in the world by nominal GDP in 2018, as well as their share of the global GDP:

| Rank | Country/Region | GDP (Nominal, USD) | Share of Global GDP (%) |
| 1 | United States | $20.49 trillion | 23.89 |
| 2 | China | $13.61 trillion | 15.86 |
| 3 | Japan | $4.97 trillion | 5.79 |
| 4 | Germany | $4.00 trillion | 4.66 |
| 5 | United Kingdom | $2.83 trillion | 3.29 |
| 6 | France | $2.78 trillion | 3.24 |
| 7 | India | $2.73 trillion | 3.18 |
| 8 | Italy | $2.07 trillion | 2.42 |
| 9 | Brazil | $1.87 trillion | 2.18 |
| 10 | Canada | $1.71 trillion | 1.99 |
| 11 | Russia | $1.66 trillion | 1.93 |
| 12 | South Korea | $1.62 trillion | 1.89 |
| 13 | Australia | $1.43 trillion | 1.67 |
| 14 | Spain | $1.43 trillion | 1.66 |
| 15 | Mexico | $1.22 trillion | 1.43 |

The above 15 economies accounted for 75% of the global GDP in 2018, which means that the remaining 25% was shared by the other 180 countries and regions in the world. The largest economy in the world was the United States, with a GDP of $20.49 trillion, or 23.89% of the global GDP. The second largest economy was China, with a GDP of $13.61 trillion, or 15.86% of the global GDP. The gap between the two economies was narrowing, as China’s GDP grew faster than the United States’ GDP in 2018.

The world economy can also be divided into different regions, based on the geographic location and the economic characteristics of the countries and regions within them. The following table shows the GDP of the seven major regions in the world in 2018, as well as their share of the global GDP:

| Rank | Region | GDP (Nominal, USD) | Share of Global GDP (%) |
| 1 | East Asia and Pacific | $25.9 trillion | 30.2 |
| 2 | Europe and Central Asia | $23.0 trillion | 26.8 |
| 3 | North America | $22.2 trillion | 25.9 |
| 4 | Latin America and Caribbean | $5.8 trillion | 6.8 |
| 5 | Middle East and North Africa | $3.6 trillion | 4.2 |
| 6 | South Asia | $3.5 trillion | 4.1 |
| 7 | Sub-Saharan Africa | $1.7 trillion | 2.0 |

The largest region in the world by GDP was East Asia and Pacific, with a GDP of $25.9 trillion, or 30.2% of the global GDP. This region included China, Japan, South Korea, Australia, and other countries and territories in Asia and Oceania. The second largest region was Europe and Central Asia, with a GDP of $23.0 trillion, or 26.8% of the global GDP. This region included Germany, France, United Kingdom, Italy, Russia, and other countries and territories in Europe and Central Asia. The third largest region was North America, with a GDP of $22.2 trillion, or 25.9% of the global GDP. This region included the United States, Canada, and Mexico.

The world economy can also be classified into different income levels, based on the average income per person of the countries and regions in the world. The World Bank uses four income categories: high income, upper middle income, lower middle income, and low income. The following table shows the GDP of the four income groups in the world in 2018, as well as their share of the global GDP:

| Income Group | GDP (Nominal, USD) | Share of Global GDP (%) |
| High income | $54.1 trillion | 63.1 |
| Upper middle income | $24.4 trillion | 28.4 |
| Lower middle income | $6.7 trillion | 7.8 |
| Low income | $0.6 trillion | 0.7 |

The largest income group in the world by GDP was the high income group, with a GDP of $54.1 trillion, or 63.1% of the global GDP. This group included the United States, Japan, Germany, France, United Kingdom, Canada, Australia, and other countries and regions with a gross national income (GNI) per capita of $12,376 or more in 2018. The smallest income group was the low income group, with a GDP of $0.6 trillion, or 0.7% of the global GDP. This group included Afghanistan, Haiti, Ethiopia, Malawi, and other countries and regions with a GNI per capita of $1,025 or less in 2018.

The world economy is constantly changing and evolving, as a result of various factors, such as population growth, technological innovation, trade and investment, political and social events, and environmental issues. Some of the current trends and challenges that affect the world economy are:

– The impact of the COVID-19 pandemic, which has caused a global health crisis and an unprecedented economic shock, disrupting production, consumption, trade, and travel, and threatening millions of lives and livelihoods.
– The rise of China and other emerging economies, which have increased their economic power and influence, and challenged the dominance of the United States and other advanced economies, creating new opportunities and tensions in the global economic order.
– The shift to a digital and knowledge-based economy, which has transformed the nature and structure of economic activities, and created new sources of growth and innovation, as well as new risks and inequalities.
– The need for a green and sustainable economy, which can address the urgent problems of climate change, environmental degradation, and resource depletion, and ensure the well-being of the present and future generations.

The world economy is a complex and dynamic system, that reflects the interactions and interdependencies of billions of people and millions of organizations across the globe. It is a source of wealth and welfare, as well as of conflict and crisis. It is a subject of study and analysis, as well as of policy and action. It is the world economy.

World's 86 Trillion Economy

World Explorer Map

A world map is a graphical representation of the Earth’s surface on a flat plane, showing the locations and shapes of continents, oceans, islands, countries, and other features. World maps can have different purposes and perspectives, such as showing political boundaries, physical landscapes, climate zones, population distribution, or historical events. World maps can also use different projections, which are methods of transforming the curved surface of the Earth into a flat map, with varying degrees of distortion and accuracy.

To read a world map, one needs to understand its basic components and how they relate to the real world. Some of the common components of a world map are:

– Title: The title tells the reader what the map is about and what kind of information it shows. For example, a map titled “World Population Density” would show how many people live in each area of the world, while a map titled “World War II” would show the major events and territories involved in the war.
– Legend: The legend, also called a key, explains the meaning of the symbols, colors, and labels used on the map. For example, a legend might show that a red dot represents a capital city, a blue line represents a river, and a green area represents a forest. The legend helps the reader to interpret the map and find the information they need.
– Scale: The scale shows the relationship between the distance on the map and the distance on the ground. For example, a scale might show that one centimeter on the map equals 100 kilometers on the ground. The scale helps the reader to measure the size and distance of the features on the map and compare them to the real world.
– Orientation: The orientation shows the direction of the map and how it corresponds to the cardinal directions of north, south, east, and west. Most maps have north at the top, but some maps may have a different orientation depending on the projection or the perspective. The orientation helps the reader to locate the features on the map and navigate the world.
– Projection: The projection is the method of transforming the curved surface of the Earth into a flat map. There are many types of projections, each with its own advantages and disadvantages. Some of the common projections are:

  – Mercator projection: This projection preserves the shape and direction of the features on the map, but distorts the size and area, especially near the poles. This projection is useful for navigation and showing angles and directions, but not for showing the relative size and area of the regions.
  – Robinson projection: This projection balances the shape, size, and area of the features on the map, but distorts the edges and corners. This projection is useful for showing the general appearance and distribution of the regions, but not for showing the exact shape and size of the features.
  – Winkel tripel projection: This projection minimizes the distortion of the shape, size, and area of the features on the map, but still has some errors and irregularities. This projection is useful for showing the overall accuracy and realism of the world, but not for showing the precise details and measurements of the features.

To read a world map effectively, one needs to consider the purpose, perspective, and projection of the map, and use the components of the map to find and understand the information they need. World maps are powerful tools for learning and communicating about the world, but they are also limited and subjective representations of the complex and dynamic reality of the Earth. Therefore, one should always be critical and curious when reading a world map, and compare and contrast different maps to gain a deeper and broader understanding of the world.

World Explorer Map

World Population Projections & Age Profile

Global population projections indicate slowing growth with increasing aging, especially in developed regions. Youthful populations will persist in parts of Africa and Asia, creating diverse age profiles that demand tailored policy responses worldwide.

World Population Projections & Age Profile

World Regions

World regions are ways of grouping countries or territories based on their geographical, cultural, historical, or political characteristics. There is no definitive or universally agreed-upon classification of world regions, as different organizations or disciplines may use different criteria or methods to divide the world. However, some common ways of defining world regions are based on continents, United Nations geoscheme, World Bank regional classification, or cultural and linguistic similarities.

One of the simplest ways of defining world regions is based on the six inhabited continents: Africa, Asia, Europe, North America, South America, and Oceania. However, this method has some limitations, as some continents are very diverse and heterogeneous, such as Asia and Africa, while others are very small and isolated, such as Oceania. Moreover, some continents are not clearly separated by natural boundaries, such as Europe and Asia, which are sometimes considered as a single continent of Eurasia.

Another way of defining world regions is based on the United Nations geoscheme, which divides the world into six continental regions, 22 geographical subregions, and two intermediary regions. This method was devised by the United Nations Statistics Division (UNSD) based on the M49 coding classification, which assigns numerical codes to countries and territories for statistical purposes. The UNSD geoscheme is not based on political or cultural affiliation, but rather on geographical proximity and similarity. For example, the UNSD geoscheme includes Cyprus and Georgia in Western Asia, even though they are culturally and politically closer to Europe. The six continental regions of the UNSD geoscheme are Africa, Americas, Asia, Europe, Oceania, and Antarctica.

A third way of defining world regions is based on the World Bank regional classification, which groups countries and territories according to their income level and geographical location. The World Bank regional classification is mainly used for economic and development analysis and policy making. The World Bank regional classification consists of eight regions: East Asia and Pacific, Europe and Central Asia, Latin America and Caribbean, Middle East and North Africa, North America, South Asia, Sub-Saharan Africa, and High-income OECD members.

A fourth way of defining world regions is based on cultural and linguistic similarities, which may reflect historical ties, religious beliefs, ethnic identities, or shared values. This method is more subjective and flexible, as different criteria or perspectives may lead to different groupings. For example, some cultural and linguistic regions are the Arab world, the Francophone world, the Anglophone world, the Hispanic world, the Slavic world, the Nordic countries, the Balkans, the Commonwealth of Independent States, and the European Union.

In conclusion, world regions are useful ways of organizing and understanding the diversity and complexity of the world. However, there is no single or definitive way of defining world regions, as different methods may have different advantages and disadvantages, depending on the purpose and context of the analysis. Therefore, it is important to be aware of the criteria and assumptions behind each method, and to recognize the diversity and dynamism within and across world regions.

World Regions

Gdp Composition By Sector

GDP composition by sector is a way of measuring the contribution of different economic sectors to the total gross domestic product (GDP) of a country or region. GDP is the monetary value of all the final goods and services produced within a given period of time. Economic sectors are broad categories of economic activities that share common characteristics, such as agriculture, industry, and services.

The most common way of dividing the economy into sectors is based on the three-sector theory, which distinguishes between primary, secondary, and tertiary sectors. The primary sector includes activities that directly extract or harvest natural resources, such as agriculture, forestry, fishing, and mining. The secondary sector includes activities that transform raw materials into finished or semi-finished products, such as manufacturing, construction, and utilities. The tertiary sector includes activities that provide services to consumers or other businesses, such as trade, transport, communication, education, health, finance, and government.

The GDP composition by sector can vary significantly across countries and regions, depending on their level of development, natural endowments, economic policies, and historical factors. Generally, less developed countries tend to have a larger share of GDP from the primary sector, while more developed countries tend to have a larger share of GDP from the tertiary sector. The secondary sector usually peaks at an intermediate stage of development, as countries undergo industrialization and urbanization. However, there are also exceptions and variations to this pattern, as some countries may specialize in certain sectors due to comparative advantages or strategic choices.

The GDP composition by sector can also change over time, as countries experience structural transformation, which is the process of shifting the allocation of resources and output from one sector to another. Structural transformation is often driven by changes in technology, productivity, demand, trade, and institutions, which affect the relative profitability and competitiveness of different sectors. Structural transformation can have significant implications for economic growth, employment, income distribution, and environmental sustainability.

The following table shows the GDP composition by sector for some selected countries and regions, based on the nominal GDP data from the World Bank for the year 2023. The table also shows the real GDP data from the International Monetary Fund for the year 2017, which are adjusted for price differences and inflation. The table illustrates the diversity and dynamics of the GDP composition by sector across the world.

| Country/Region | Nominal GDP (USD$) | Primary (%) | Secondary (%) | Tertiary (%) | Real GDP (US$MM) | Primary (%) | Secondary (%) | Tertiary (%) |
| World          | 104,480            | 5.9         | 30.5          | 63.6        | 127,800,000      | 6.4         | 30.0          | 63.6        |
| China          | 17,700             | 6.9         | 40.1          | 52.9        | 23,210,000       | 7.9         | 40.5          | 51.6        |
| USA            | 26,950             | 1.12        | 19.1          | 79.7        | 19,490,000       | 0.9         | 19.1          | 80.0        |
| India          | 3,730              | 17.4        | 25.8          | 56.9        | 9,474,000        | 15.4        | 23.0          | 61.6        |
| Japan          | 4,230              | 1.2         | 27.5          | 71.4        | 5,443,000        | 1.2         | 27.8          | 71.0        |
| Canada         | 2,120              | 1.8         | 28.6          | 69.6        | 1,847,000        | 1.6         | 28.2          | 70.2        |

Gdp Composition By Sector

Stem cells

See the below image for the Stem cells diagram. A stem cell is a cell with the unique ability to develop into specialised cell types in the body. In the future they may be used to replace cells and tissues that have been damaged or lost due to disease. Our body is made up of many different types of cell.

Stem cell, an undifferentiated cell that can divide to produce some offspring cells that continue as stem cells and some cells that are destined to differentiate (become specialized). Stem cells are an ongoing source of the differentiated cells that make up the tissues and organs of

Adult stem cells, also called somatic (from Greek σωματικóς, “of the body”) stem cells, are stem cells which maintain and repair the tissue in which they are found. They can be found in children, as well as adults.

Stem cells

Church priest clothes diagram

See the below image for the Church priest clothes diagram. Practices vary: is sometimes worn under vestments, and sometimes as the everyday clothing or street wear of a priest, minister, or other clergy member. In some cases, it can be similar or identical to the habit of a monk or nun .

From priest to deacons to altar servers, Saint Patrick’s Guild carries a wide and large selection of clergy clothing, priest clothing, and clergy apparel. We carry clergy clothing for both men and women in a variety of styles and colors. We also offer shirt collars, vests and shirt fronts.

Clerical clothing is non- liturgical clothing worn exclusively by clergy. It is distinct from vestments in that it is not reserved specifically for services. Practices vary: is sometimes worn under vestments, and sometimes as the everyday clothing or street wear of a priest, minister, or other clergy member.

Church priest clothes diagram

Uk ring size chart

See the below image for the Uk ring size diagram. Using a tape measure, find out your ring size (in mm) by measuring the circumference around the third finger on your left hand. Then, use the above UK ring size chart to find the corresponding letter. Printable Ring Size Chart How to Measure UK Ring Size at Home

International Ring Size Chart American British European Inside Diameter (mm) A 12.065 38 12.096 A½ 12.263 1 12.344 100 more rows …

What’s the average ring sizes for men and women? For ring sizes in the UK, the average ring size for women is an O and the average ring size for men is a T.5. It’s good to keep in mind that everyone’s different and one size doesn’t fit all, so make sure to use our handy chart or visit your nearest Beaverbrooks for an accurate size.

Uk ring size chart

Global economy contribution by country

See the below image for the Global economy contribution by country diagram. The nominal GDP of the top 10 economies adds up to about 67% of the world’s economy, while the top 20 economies contribute almost 81%. The remaining 173 countries together constitute less than one-fifth to the world’s economy. Note: This list is based on the IMF’s World Economic Outlook Database, April 2018.

Top 10 Largest Countries by GDP (2019) Country GDP (2019) % Of Total World GDP 1. United States $21.43T 24.42% 2. China $14.34T 16.34% 3. Japan $5.08T 5.79% 4. Germany $3.85T 4.38% 6 more rows …

Global trade United States are leading in terms of GDP 20.89tr USD GDP of emerging and developing countries 34.3tr USD Share of advanced economies in global GDP 42.45% Global economic indicators

Global economy contribution by country