Countries with a higher GDP than California

According to the Bureau of Economic Analysis and the World Bank, the State of California is the 6th largest economy in the world. By surpassing France and now having an economic output of $2,53 trillion, only the United States, China, Japan, Germany and the United Kingdom have a higher GDP than the Golden State. Definition GDP (current US$): „GDP at purchaser’s prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It…

Ease of doing business worldwide

Definition: „Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country’s percentile rankings on 10 topics covered in the World Bank’s Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators. “ – The World Bank Ranking (data table): Development Relevance: „The economic health of a country is measured not only in macroeconomic…

Development of the average net income in the EU

Definition of Income: „The total disposable income of a household is calculated by adding together the personal income received by all of household members plus income received at household level. Missing income information is imputed.“ – Eurostat Disposable household income includes: – all income from work (employee wages and self-employment earnings) – private income from investment and property – transfers between households – all social transfers received in cash including old-age pensions Equivalence scale: „To take into account the impact of differences in household size and composition, the total disposable household…

Total health expenditure per country in 2014

Definition: „Total health expenditure is the sum of public and private health expenditure. It covers the provision of health services (preventive and curative), family planning activities, nutrition activities, and emergency aid designated for health but does not include provision of water and sanitation.“ – The World Bank Development Relevance: „Health systems – the combined arrangements of institutions and actions whose primary purpose is to promote, restore, or maintain health (World Health Organization, World Health Report 2000) – are increasingly being recognized as key to combating disease and improving the health…