Level of economic development of the world countries

This project was about analysing the economic growth in industrialized countries and emerging markets as well as their similarities and differences within the economic globalization processes. By selecting relevant statistical data from the World Bank, we represented different indicators, such as GDP per capita, tariff rates, FDI and Export volumes in a direct comparison.    This map (screenshot) shows the seven different levels of economic developement of the world countries: Direct link to the interactive map : Interactive Map Direct link to the WebGIS Service: WebGIS Service Here are the results of the statistical evaluation of…

GDP (per capita) growth in 2014

Definition of GDP Growth: „Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2005 U.S. dollars. GDP 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 is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.“ – The World Bank GDP growth worldwide in 2014: Statistical concept and methodology: „Gross domestic…

GDP per capita, PPP in Europe, North Africa and Near East 2014

Definition of GDP per capita: „GDP per capita is gross domestic product divided by midyear population. GDP 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 is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.“ – World Bank  Definition of GDP per capita based on purchasing power parity (PPP): „PPP GDP is gross domestic product converted to international dollars using…

Tax revenue as % of GDP in 2014

Definition of Tax and Methodology: „Taxes are compulsory, unrequited payments to general government. They are unrequited in the sense that benefits provided by government to taxpayers are not normally in proportion to their payments. The OECD methodology classifies a tax according to its base: income, profits and capital gains; payroll; property; goods and services; and other taxes. Compulsory social security contributions paid to general government are also treated as taxes, and are classified under a separate heading.“ – OECD 2016 Definition of Tax revenue: „Tax revenue is defined as the…