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…

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…

PISA 2015 Results

What is PISA ? „The Programme for International Student Assessment (PISA) is a triennial international survey which aims to evaluate education systems worldwide by testing the skills and knowledge of 15-year-old students. In 2015 over half a million students, representing 28 million 15-year-olds in 72 countries and economies, took the internationally agreed two-hour test. Students were assessed in science, mathematics, reading, collaborative problem solving and financial literacy. The results of the 2015 assessment were published on 6th December 2016.“ – OECD – About PISA Performance in science:   Performance in reading:…