Gross national income

5 most important economic variables (1) GDP (2) Interest rate (3) Personal income and consumption (4) Debt (5) Inflation 【GDP】The gross domestic product (GDP) is one of the most important indicators to evaluate the condition of a country 's economy. It represents the total dollar value of all goods and services produced over a specific time period; thus the size GDP would also indicate the size of the economy of the country. Normally, GDP is used to compare with the previous quarter or year’s…

Helsinki is one of the fastest growing economies and one of the richest capitals in Europe. Helsinki being one of the richest city in Europe, contributes one third of Finland’s Gross Domestic Product (GDP). Researches show that Helsinki’s GDP per capita is roughly 1.3 times the national average. Finland’s Gross National Product on the other hand, increased to 46671 EUR Million in the second quarter of 2015 from 46625 EUR Million in the first quarter of 2015. The city of Helsinki has a…

Comparison of the Australian and Indonesian economy Intro: Australian economy. Australia is classified by the World Bank as a developed country because its gross domestic product was US$1015 billion in purchasing power parity terms in 2008. Its per capita income was US$37,250 per annum, ranking it 11th highest in the world in terms of per capita income. The main sectors of the Australian economy include agriculture, forestry, fishing, mining, manufacturing and service. Indonesian economy.…

become a major part of democracy as the views on such policies became a great influence on the selection process of national leaders and national elections can be decided on the…

account for over 30% of the world domestic product. To truly understand the U.S and Japan’s economic trends one must carefully analyze the differences in the figures of their economic indicators. Such economic indicators such as Gross National Income (GNI), Gross National Product (GDP), and inflation rates amongst others allow for analysis of economic performance and predictions of future…

might be trending toward. Market Consumption Capacity Market Consumption Capacity focuses on earnings and spending habits and most specifically on the middle-class. The three market indicators are: Consumer Expenditure, Income Share of Middle-Class, and Household Annual Disposable Income of Middle-Class. Commercial Infrastructure Commercial infrastructure had the largest array of market indicators. They focus highly on technology and infrastructure and are as follows: • Cellular Mobile…

word scattered all throughout this article as well as implied throughout it. Development is a combination of a country’s gross national product; the total value of all goods and services produced by a country of one year in-and-out of the country, gross domestic product; the total value of all goods and services produced within a country over one year, as well as per capita income; the average…

The most general view of savings is the excess of income over expenditure. The concept of savings holds at all levels – whether it is a household, or it is the government or the business sector. With reference to Raymond Goldsmith savings is the change in earned surplus. Thus national saving is the sum of net worth of all economic units, estimated as a surplus income over expenditure and consumption. Incase of backward countries savings still remain very weak. As savings emerge from profit…

Gross Domestic Product Gross Domestic Product (GDP) is a metric produced by the Bureau of Economic Analysis, and used for classifying and quantifying the financial well-being of nations. It seems GDP is the gold standard for measuring success of the world’s economies, but is it enough? One might question the attributes of success and determine the need for a more comprehensive tool. Mankiw (2015), defines GDP as “the market value of all final goods and services produced within a country in a…

Over the past five years, the gross profit rate has stayed relatively stable. Punj Lloyd’s debt to equity ratio has stayed below 2 over the past five years which bodes well for how the company is juggling their finances in these tough economic times but they should keep an eye on the…