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Page "Economy of Armenia" ¶ 176
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GDP and $
The Gross Domestic Product of Armenia stood at 8. 8 billion US dollars in 2010 ; with a population of 3. 2 million, this amounts to a GDP per capita of $ 2, 676 ( purchasing power parity $ 5, 178 ).
In comparison, in 2006, the GDP was estimated to be 6. 6 billion USD per calendar year and the GDP per capita ( purchasing power parity ) was estimated at $ 5, 400 US.
GDP ( pp. ): $ 18. 92 billion ( 2008 )
GDP ( per capita ): $ 6, 400 ( 2008 )
GDP ( official exchange rate ): $ 462. 2 million ( 2005 )
The per capita GDP in 2007 was by far the highest of any province in Canada at C $ 74, 825 ( approx.
Alberta's per capita GDP in 2007 was 61 % higher than the Canadian average of C $ 46, 441 and more than twice that of all the Maritime provinces.
In July 2009, the minister of defense, Nelson Jobim, said that Brazil will expend about 0. 7 % ( US $ 13 billion ) of the GDP per year to modernize the forces in addition to the 2. 6 % yearly defense budget.
Given the then GDP ($ 7. 095 bln ) of the country, military spending is roughly estimated to be about $ 300 million.
( FDI ) inflows reached US $ 600 million ( 7 percent of GDP ), slightly more than the country
Faced with an international economic downturn the government announced a $ 4 billion economic stimulus plan to spur employment and growth, and despite the global financial crisis, aimed for an expansion of between 2 percent and 3 percent of GDP for 2009.
In 2006, the Government of Chile ran a surplus of $ 11. 3 billion, equal to almost 8 % of GDP.
Remittances were $ 513, 000, 000 in 2006 and they represented 2. 3 % of the country's GDP.
According to the CIA World Factbook, Costa Rica's GDP per capita is US $ 10, 900 ( 2009 ); however, there is a lack of maintenance and new investment in infrastructure, 21. 3 % of the people living below the poverty line and 7. 8 % ( 2009 ) unemployed.
The Cypriots are among the most prosperous people in the Mediterranean region, with GDP per capita reaching $ 30, 000.
GDP per capita at purchasing power parity was $ 27, 100 in 2011, which is 85 % of the EU average.
The global reach of the United States is backed by a $ 15 trillion economy, approximately a quarter of global GDP, and a defense budget of $ 711 billion, which accounts for approximately 43 % of global military spending.
Among countries with a per capita GDP of at least US $ 4, 600, net deforestation rates have ceased to increase.
Gross domestic product ( GDP ) per capita based on purchasing-power-parity ( PPP ) increased fourfold between 1981 and 2006, from US $ 1355 in 1981, to US $ 2525 in 1991, to US $ 3686 in 2001 and to an estimated US $ 4535 in 2006.

GDP and 12
In 2006, the primary economic concerns focused on: high national debt ($ 9 trillion ), high non-bank corporate debt ($ 9 trillion ), high mortgage debt ($ 9 trillion ), high financial institution debt ($ 12 trillion ), high unfunded Medicare liability ($ 30 trillion ), high unfunded Social Security liability ($ 12 trillion ), high external debt ( amount owed to foreign lenders ) and a serious deterioration in the United States net international investment position ( NIIP ) (- 24 % of GDP ), high trade deficits, and a rise in illegal immigration.
In the first year of Allende's term, the short-term economic results of Economics Minister Pedro Vuskovic's expansive monetary policy were unambiguously favorable: 12 % industrial growth and an 8. 6 % increase in GDP, accompanied by major declines in inflation ( down from 34. 9 % to 22. 1 %) and unemployment ( down to 3. 8 %).
Breakdowns of the Eritrean economy by sector are not readily available ; however, according to some estimates, in 2003 services accounted for 62. 4 percent of GDP, industry for 25. 3 percent, and agriculture for the remaining 12. 4 percent.
In 2003 agriculture employed nearly 80 percent of the population but accounted for only 12. 4 percent of gross domestic product ( GDP ) in Eritrea.
GDP growth, spurred by gains in the industrial and service sectors, remained in the 9 – 12 % range in 2005 – 07.
Based on the economic reforms, Georgian economy has been diversified showing an upward tendency with average 10 % of annual GDP real growth in 2004-2007 and reached the highest level – 12. 3 percent in 2007.
Since the peak of 1980, the nominal GDP of Iraq steadily shrunk to $ 12. 3 billion in 2000.
Foreign direct investment ( FDI ) has picked up and is estimated to have reached 12 percent of GDP in 2007, compared with 7 percent in 2006.
A deterioration in the merchandise trade balance due to strong import growth has been offset by improvements in net income and transfers, with a small improvement in the current account deficit to 12 percent of GDP.
Mining contributed 12. 4 % to GDP in 2007, of which diamond mining activities represented 5 %.
International Debt will reach 25 % of the GDP by 2010, down from 35 % in 2006, and will be only 12 % of the GDP by 2015.
However the GDP per capita registered a very modest total growth of 12 % ( 1. 1 % per year on average ) during the 1990s due to successful diversification.
In 2011, Shanghai's total GDP grew to 1. 92 trillion yuan ( US $ 297 billion ) with GDP per capita of 82, 560 yuan ( US $ 12, 784 ).
Although the industrial sector contributed 40. 1 % of GDP in 2004, it employed only 12. 9 % of the workforce.
Subsequently, the state's GDP growth rate has improved significantly, rising to 8 % during 2010-11 and 12 % during 2011-12.
Real GDP dropped 12. 7 % in 2002, inflows of foreign investment dropped sharply, and the crisis tarnished Madagascar's budding reputation as an AGOA standout and a promising place to invest.
In the first year of Allende's term, the short-term economic results of Minister of the Economy Pedro Vuskovic's expansive monetary policy were highly favorable: 12 % industrial growth and an 8. 6 % increase in GDP, accompanied by major declines in inflation ( down from 34. 9 % to 22. 1 %) and unemployment ( down to 3. 8 %).
The sub-national GDP of the Canterbury region was estimated at US $ 15. 074 billion in 2003, 12 % of New Zealand's national GDP.
In 2008 GDP was estimated at $ 382. 3 billion ($ 842 billion by PPP ), or $ 5, 470 per capita ($ 12, 800 by PPP ).
Austria is one of the 12 richest countries in the world in terms of GDP ( Gross domestic product ) per capita, has a well-developed social market economy, and a high standard of living.

GDP and .
For example, per capita GDP gives an approximation of the arithmetic average income of a nation's population.
The Economy of Angola is one of the fastest-growing economies in the world, with the Economist asserting that for 2001 to 2010, Angolas ' Annual average GDP growth was 11. 1 percent.
High international oil prices and rising oil production have led to a very strong economic growth in recent years, but corruption and public-sector mismanagement remain, particularly in the oil sector, which accounts for over 50 percent of GDP, over 90 percent of export revenue, and over 80 percent of government revenue.
: 3. 9 % of GDP ( 2002 )
Azeri GDP grew 41. 7 % in the first quarter of 2007, possibly the highest of any nation worldwide.
Such rates cannot be sustained, but despite reaching 26. 4 % in 2005 ( second highest GDP growth in the world in 2005 only to Equatorial Guinea ), and 2006 over 34. 6 % ( world highest ), in 2008 dropped to 10. 8 %, and dropped further to 9. 3 % in 2009.
The real GDP growth rate for 2011 was expected at 3. 7 % but had dropped to. 1 %.
The budget deficit equaled 1. 3 % of GDP in 2000.
In 1992-93, GDP fell nearly 60 % from its 1989 level.
Investment in the construction and industrial sectors is expected to continue in 2006 and will help to ensure annual average real GDP growth of about 13. 9 %.
According to the estimate of a former prime minister, Hrant Bagratian, 55 percent of Armenia's GDP is controlled by 44 families.
GDP growth for 2010 was at 2. 9 percent, and inflation was at 8 percent.
GDP growth is expected to be around 3 percent in 2011, with inflation returning to 4-5 percent.

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