It's fairly common to refer to the world's wealthier nations as industrialized nations, though with the advent of outsourcing and widespread export-oriented development strategies, that term isn't as precise as it used to be. Then even if it were precise, discussions of global economic issues often involve numbers that we're ill-prepared to digest and have little to compare to; all the numbers just sound ridiculously large. This is an attempt to quantify industrialization and break it down for comparison among the 20 largest national economies.
...
A policy solution focused on boosting wages for the general world population might create enough demand to reverse that trend in declining manufacturing employment. Though in the current recession that seems unlikely. A U.S. Census Bureau report indicates that median U.S. income dropped 3.6 percent from 2007-2008, suggesting that a decline in consumer spending power was in full swing before the financial meltdown and subsequent tightening of the credit markets.
...
| G20 (w/o EU, +Iran) | Population* | 2008 GDP** | 2008 Mfg output** | Mfg:Population | Mfg:GDP |
| Germany | 82,140,000 | 3,649,468,713,255 | 767,173,986,290 | 9,340 | 21% |
| Japan | 127,704,000 | 4,910,691,611,512 | 1,044,573,591,840 | 8,180 | 21% |
| Italy | 59,855,000 | 2,303,058,798,157 | 381,043,924,161 | 6,366 | 17% |
| United States | 304,060,000 | 14,096,716,929,022 | 1,830,682,964,800 | 6,021 | 13% |
| Canada | 33,311,000 | 1,502,198,148,431 | 195,141,329,938 | 5,858 | 13% |
| United Kingdom | 61,399,000 | 2,666,266,099,179 | 323,014,231,511 | 5,261 | 12% |
| France | 62,048,000 | 2,856,528,838,542 | 306,279,105,638 | 4,936 | 11% |
| South Korea | 48,607,000 | 929,123,721,319 | 230,763,192,037 | 4,748 | 25% |
| Australia | 21,374,000 | 1,016,897,316,528 | 100,814,383,824 | 4,717 | 10% |
| Mexico | 106,350,000 | 1,081,683,289,858 | 196,798,970,122 | 1,850 | 18% |
| Russian Federation | 141,800,000 | 1,676,587,800,343 | 256,176,482,781 | 1,807 | 15% |
| Argentina | 39,876,000 | 333,322,390,163 | 70,904,305,110 | 1,778 | 21% |
| Turkey | 73,914,000 | 741,448,415,136 | 117,362,508,155 | 1,588 | 16% |
| Saudi Arabia | 24,646,000 | 467,600,800,000 | 38,736,800,000 | 1,572 | 8% |
| Brazil | 191,972,000 | 1,595,497,752,838 | 237,337,404,166 | 1,236 | 15% |
| China~ | 1,325,640,000 | 4,327,024,438,542 | 1,399,427,894,063 | 1,056 | 32% |
| South Africa | 48,687,000 | 276,445,740,280 | 46,691,753,078 | 959 | 17% |
| Indonesia | 228,249,000 | 510,779,261,184 | 139,528,690,939 | 611 | 27% |
| Iran | 71,956,000 | 346,611,390,279 | 36,510,371,841 | 507 | 11% |
| India | 1,139,965,000 | 1,253,859,848,115 | 188,135,054,712 | 165 | 15% |
Resources
* - 2008 population data (pdf); World Bank figures
** - 2008 GDP and Manufacturing output in current US dollars; United Nations figures
~ - UN manufacturing data for China isn't separated out from mining and utilities, used a 78% multiplier on the UN-supplied figure.
No comments:
Post a Comment