Global Economic Table with Income from Drugs & Prostitution Included
Posted by feww on December 28, 2014
World Economic League Table (WELT) for 2014
The latest edition of Cebr Global World Economic League Table (WELT) for 2015 reveals interesting moves by the world’s largest economies, say the authors.
The UK overtakes France (just) having revised our GDP figures to include earnings from drugs and prostitution. The French figures do not include these industries (which may well be larger than their British counterparts!).
Russia’s well known economic woes show it dropping to tenth place. The collapse in the Turkish Lira brings it down from 17th to 19th place. Korea moves up a place as do Italy (surprisingly but only because the Russian economy is in even worse trouble than the Italian economy!) India, the Netherlands, Belgium (who swap places with Norway) and Austria. Argentina drops 3 places as its economy collapses. [Cebr]
Cebr Global’s World Economic League Table (WELT) is an annual calculation by Cebr Global, Cebr’s global economic consultancy. The base data for 2013 is taken from the IMF World Economic Outlook and the GDP forecast draws on Cebr’s Global Prospects model to forecast growth, inflation and exchange rates. (Source: Cebr)
In its 2011 “End of the Year” entry titled Most Unethical Nations in 2011 [and Probably 2012] posted December 31, 2011, FIRE-EARTH said
World’s top 20 countries with the highest arms expenditure
Top 20 countries with the highest military expenditure for 2010 shown as a percentage of the world total. Source: SIPRI Military Expenditure Database, War Resisters League and others.
Related Links
- The 48 percent December 24, 2011
- Japan to Spend $232.4 Billion on Weapons December 17, 2013
- World’s Most Unethical Country Also “Greatest Threat to Global Peace” January 2, 2014
- 1 Mn More Brits Bite Poverty, as Govt Spends $12 Billion on Obsolete White Elephant Posted on July 3, 2014
- UK Food Poverty Causing Massive Rise in Malnutrition Cases August 23, 2014
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