Prof.

dr Stanko Radmilovic, Novi Sad Serbia

M4. The use of GDP and the surplus abroad for to, or covered the
deficits from abroad, in the period 2000-11, for 55 countries
This article, as well as M2 and M3 elaborate article M1. More precisely, it is analytically discussed certain
aspects of the article:
General government final consumption expenditure (annual % growth)
Household final consumptiod expend, etc. (% of GDP)
Gross domestic savings ( in % of GDP)
External balance on goods and services (% of GDP)
and then combined in:
M4. The use of GDP and the surplus abroad for to, or covered the deficits from abroad, in the
period 2000-11
General government final consumption expenditure
(annual % growth)
General government final consumption expenditure (annual % growth): Annual percentage growth of
general government final consumption expenditure based on constant local currency. Aggregates are
based on constant 2000 U.S. dollars. General government final consumption expenditure (general
government consumption) includes all government current expenditures for purchases of goods and
services (including compensation of employees). It also includes most expenditures on national defense
and security, but excludes government military expenditures that are part of government capital formation.
General government final consumption expenditure (annual % growth)
Indicators and ranking positions prepared by prof. Stanko Radmilovic based on data from WB DataBank,
May 2013th
Rank Country %of GDP
1 2 3
1 China 9,3
2 S. Arab. 8,6
3 Indones. 7,6
4 Mold. 7,0
5 Roman. 7,0
6 Serbia 6,8
7 Venez. 6,4
8 India 5,9
9 UAEmir. 5,7
10 Alban. 5,3
11 So. Afri. 4,6
12 Spain 4,3
13 Korea, 4,2
14 Poland 3,9
15 Turkey 3,9
16 Slovak... 3,8
17 Cyprus 3,3
18 Sloven. 3,1
19 Lithuan. 3,0
20 Austral. 2,9
21 Brazil 2,9
22 Ireland 2,9
23 Netherl. 2,9
24 Cana. 2,8
25 Eston. 2,5
26 Norw. 2,4
27 Bulg. 2,1
28 Israel 2,1
29 Gree. 2,1
30 U K 2,1
31 U S 2,0
32 Japan 1,9
33 Belgi. 1,7
34 Ukrai. 1,7
35 Czech... 1,6
36 France 1,6
37 Denm. 1,5
38 Portug. 1,5
39 Russia... 1,5
40 Italy 1,4
41 Austria 1,2
42 Croat. 1,2
43 Finland 1,2
44 Germ. 1,2
45 Hunga. 1,2
46 Maced. 1,1
47 Mexi. 1,1
48 Swed. 1,0
49 Switzerl... 1,0
50 Belar. 0,9
51 Argent. ...
52 B - H ...
53 Latvia ...
54 Monten. ...
55 Qatar ...

Household final consumptiod expend, etc. (% of GDP)
Household final consumption expenditure, etc. (% of GDP): Household final consumption expenditure
(formerly private consumption) is the market value of all goods and services, including durable products
(such as cars, washing machines, and home computers), purchased by households. It excludes
purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments
and fees to governments to obtain permits and licenses. Here, household consumption expenditure
includes the expenditures of nonprofit institutions serving households, even when reported separately by
the country. This item also includes any statistical discrepancy in the use of resources relative to the
supply of resources.
Household final consumptiod expend, etc. (% of GDP)
Indicators and ranking positions prepared by prof. Stanko Radmilovic based on data from WB DataBank,
May 2013th
Rank Country %of GDP
1 2 3
1 Mold. 91,6
2 B - H 91,4
3 Albania 87,9
4 Monten. 79,2
5 Maced. 76,2
6 Serbia 79,1
7 Roman. 71,2
8 U S 70,3
9 Gree. 70,6
10 Turkey 70,6
11 Bulgar. 67,1
12 Mexi. 66,3
13 Cyprus 65,7
14 Lithuan. 64,9
15 Portug. 64,7
16 U K 64,5
17 Poland 63,4
18 Latvia 62,6
19 Argent. 61,9
20 So. Afr. 61,8
21 Brazil 61,0
22 UA Emir. 60,8
23 Indones. 60,7
24 India 59,5
25 Italy 59,5
26 Croat. 59,4
27 Ukrai. 59,4
28 Switzer. 59,0
29 Japan 58,1
30 Spain 58,0
31 Germ. 57,9
32 Slovak 57,6
33 France 57,0
34 Israel 56,8
35 Austral. 56,8
36 Cana. 56,3
37 Hunga. 55,5
38 Belar. 55,4
39 Sloven. 55,1
40 Eston. 54,8
41 Austria 54,5
42 Korea, 54,3
43 Venez. 52,9
44 Belgi. 52,3
45 Finland 51,9
46 Czech 50,3
47 Russi. 49,4
48 Denm. 48,2
49 Swed. 48,2
50 Netherl. 47,8
51 Ireland 47,0
52 Norw. 43,0
53 China 38,8
54 S. Arab. 32,4
55 Qatar 15,6
Gross domestic savings ( in % of GDP)
Gross domestic savings (% of GDP): Gross domestic savings are calculated as GDP less final
consumption expenditure (total consumption).
Gross domestic savings ( in % of GDP)
Indicators and ranking positions prepared by prof. Stanko Radmilovic based on data from WB DataBank,
May 2013th
Rank Country %of GDP
1 2 3
1 Qatar 64,1
2 China 47,0
3 Sa. Arab. 44,1
4 Norway 36,3
5 Ireland 35,8
6 Venezue. 34,8
7 Russia... 33,0
8 UAEmir. 31,7
9 Korea, R. 31,6
10 Indones. 31,1
11 India 29,1
12 Switzerl... 29,7
13 Czech... 28,8
14 Netherl. 27,0
15 Austria 26,8
16 Estonia 26,5
17 Austral. 25,7
18 Slovenia 25,7
19 Belarus 25,6
20 Finland 25,6
21 Sweden 25,4
22 Denmark 25,0
23 Argent. 24,9
24 Belgium 24,8
25 Canada 23,8
26 Spain 23,4
27 Hunga. 23,3
28 Japan 23,3
29 Germany 23,2
30 Slovak... 23,2
31 Mexico 22,4
32 Ukraine 21,7
33 Italy 20,7
34 Croatia 20,3
35 France 19,3
36 Brazil 18,9
37 So. Afric. 18,6
38 Latvia 18,5
39 Poland 18,5
40 Israel 17,6
41 Turkey 16,6
42 Roman. 16,5
43 Bulgaria 15,1
44 Lithuan. 15,1
45 Portugal 15,0
46 Cyprus 14,8
47 U K 14,4
48 U S 13,6
49 Greece 11,0
50 Maced. 4,3
51 Albania 2,9
52 Serbia 0,8
53 Montene. -3,6
54 Moldova -9,9
55 B - H -15,4
External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP): External balance on goods and services (formerly
resource balance) equals exports of goods and services minus imports of goods and services (previously
nonfactor services).
External balance on goods and services (% of GDP)
Indicators and ranking positions prepared by prof. Stanko Radmilovic based on data from WB DataBank,
May 2013th
Rank Country %of GDP
1 2 3
1 Qatar 30,6
2 S. Arab. 23,7
3 Norw. 14,6
4 Ireland 14,4
5 Venez. 10,8
6 Russia... 11,3
7 UAEmir. 10,0
8 Netherl. 7,4
9 Switzerl... 8,1
10 Swed. 7,0
11 Argent. 5,3
12 Finland 5,1
13 Denm. 4,8
14 Indones. 4,8
15 Germ. 4,6
16 China 4,5
17 Austria 4,0
18 Belgi. 3,4
19 Cana. 2,4
20 Korea, 2,1
21 Czech... 1,4
22 Brazil 1,0
23 Japan 1,0
24 Hunga. 0,3
25 So. Afri. 0,2
26 Italy -0,1
27 Ukrai. -0,4
28 Israel -0,5
29 France -0,6
30 Sloven. -0,6
31 Austral. -1,0
32 Mexi. -1,7
33 U K -2,3
34 Poland -2,4
35 Slovak... -2,9
36 Turkey -2,9
37 India -3,0
38 Cyprus -3,4
39 Eston. -3,5
40 Spain -3,6
41 U S -4,4
42 Croat. -5,1
43 Belar. -5,4
44 Lithuan. -6,4
45 Roman. -8,0
46 Portug. -8,3
47 Bulg. -10,6
48 Latvia -10,9
49 Gree. -11,9
50 Maced. -18,7
51 Serbia -20,3
52 Alban. -23,3
53 Monten. -27,2
54 Mold. -37,2
55 B - H -37,3
M4. The use of GDP and the surplus abroad for to, or covered
the deficits from abroad, in the period 2000-11, for 55
countries
GDP growth (annual %)
Average 2000-12
General govern. final
consum. Expend. (annual %
growth)
Househ. final consum.
Expend, etc. (% of GDP)
Gross domes. savings ( in %
of GDP)
External balance on goods
and servic. (% of GDP)
Rank Country %of
GDP
Rank Country %of
GDP
Rank Country %of
GDP
Rank Country %of
GDP
Rank Country %of
GDP
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
1 Qatar 12,5 55 Qatar ... 55 Qatar 15,6 1 Qatar 64,1 1 Qatar 30,6
2 China 10,0 1 China 9,3 53 China 38,8 2 China 47,0 16 China 4,5
3 India 7,0 8 India 5,9 24 India 59,5 11 India 29,1 37 India -3,0
4 Belar. 6,7 50 Belar. 0,9 38 Belar. 55,4 19 Belar. 25,6 43 Belar. -5,4
5 UAEmir. 5,8 9 UAEmir. 5,7 22 UA Emir. 60,8 8 UAEmir. 31,7 7 UAEmir. 10,0
6 S. Arab. 5,4 2 S. Arab. 8,6 54 S. Arab. 32,4 3 S. Arab. 44,1 2 S. Arab. 23,7
7 Indone. 5,3 3 Indones. 7,6 23 Indones. 60,7 10 Indones. 31,1 14 Indones. 4,8
8 Russia. 5,2 39 Russia. 1,5 47 Russi. 49,4 7 Russi. 33,0 6 Russi. 11,3
9 Alban. 5,1 10 Alban. 5,3 3 Alban. 87,9 51 Alban. 2,9 52 Alban. -23,3
10 Eston. 4,8 25 Eston. 2,5 40 Eston. 54,8 16 Eston. 26,5 39 Eston. -3,5
11 Lithuan. 4,6 19 Lithuan. 3,0 14 Lithuan. 64,9 44 Lithuan. 15,1 44 Lithuan. -6,4
12 Mold. 4,6 4 Mold. 7,0 1 Mold. 91,6 54 Mold. -9,9 54 Mold. -37,2
13 Turk. 4,5 15 Turkey 3,9 10 Turkey 70,6 41 Turkey 16,6 36 Turkey -2,9
14 Latvia 4,4 53 Latvia ... 18 Latvia 62,6 38 Latvia 18,5 48 Latvia -10,9
15 Ukrai. 4,4 34 Ukrai. 1,7 27 Ukrai. 59,4 32 Ukrai. 21,7 27 Ukrai. -0,4
16 Argen. 4,3 51 Argent. ... 19 Argent. 61,9 23 Argent. 24,9 11 Argent. 5,3
17 Korea 4,3 13 Korea, 4,2 42 Korea, 54,3 9 Korea, 31,6 20 Korea, 2,1
18 Slovak 4,2 16 Slovak... 3,8 32 Slovak 57,6 30 Slovak 23,2 35 Slovak -2,9
19 Bulgar. 3,8 27 Bulgar. 2,1 11 Bulgar. 67,1 43 Bulgar. 15,1 47 Bulg. -10,6
20 Israel 3,8 28 Israel 2,1 34 Israel 56,8 40 Israel 17,6 28 Israel -0,5
21 Poland 3,8 14 Poland 3,9 17 Poland 63,4 39 Poland 18,5 34 Poland -2,4
22 Roman. 3,7 5 Roman. 7,0 7 Roman. 71,2 42 Roman. 16,5 45 Roman. -8,0
23 Venezu. 3,7 7 Venez. 6,4 43 Venez. 52,9 6 Venez. 34,8 5 Venez. 10,8
24 So. Afr. 3,5 11 So. Afri. 4,6 20 So. Afr. 61,8 37 So. Afric. 18,6 25 So. Afri. 0,2
25 Brazil 3,4 21 Brazil 2,9 21 Brazil 61,0 36 Brazil 18,9 22 Brazil 1,0
26 Monten. 3,4 54 Monten. ... 4 Monten. 79,2 53 Monten. -3,6 53 Monten. -27,2
27 B - H 3,2 52 B - H ... 2 B - H 91,4 55 B - H -15,4 55 B - H -37,3
28 Serbia 3,2 6 Serbia 6,8 6 Serbia 79,1 52 Serbia 0,8 51 Serbia -20,3
29 Austral. 3,1 20 Austral. 2,9 35 Austral. 56,8 17 Austral. 25,7 31 Austral. -1,0
30 Ireland 3,1 22 Ireland 2,9 51 Ireland 47,0 5 Ireland 35,8 4 Ireland 14,4
31 Czech 3,0 35 Czech... 1,6 46 Czech 50,3 13 Czech 28,8 21 Czech 1,4
32 Maced. 2,6 46 Maced. 1,1 5 Maced. 76,2 50 Maced. 4,3 50 Maced. -18,7
33 Cyprus 2,4 17 Cyprus 3,3 13 Cyprus 65,7 46 Cyprus 14,8 38 Cyprus -3,4
34 Swed. 2,4 48 Swed. 1,0 49 Swed. 48,2 21 Swed. 25,4 10 Swed. 7,0
35 Mexi. 2,3 47 Mexi. 1,1 12 Mexi. 66,3 31 Mexi. 22,4 32 Mexi. -1,7
36 Sloven. 2,3 18 Sloven. 3,1 39 Sloven. 55,1 18 Sloven. 25,7 30 Sloven. -0,6
37 Cana. 2,2 24 Cana. 2,8 36 Cana. 56,3 34 Croat. 20,3 42 Croat. -5,1
38 Croat. 2,1 42 Croat. 1,2 26 Croat. 59,4 25 Cana. 23,8 19 Cana. 2,4
39 Finl. 2,0 43 Finl. 1,2 45 Finl. 51,9 20 Finl. 25,6 12 Finl. 5,1
40 Hung. 1,9 45 Hung. 1,2 37 Hung. 55,5 27 Hung. 23,3 24 Hung. 0,3
41 Spain 1,9 12 Spain 4,3 30 Spain 58,0 26 Spain 23,4 40 Spain -3,6
42 Switz. 1,8 49 Switz. 1,0 28 Switz. 59,0 12 Switz. 29,7 9 Switz. 8,1
43 U.K. 1,8 30 U K 2,1 16 U K 64,5 47 U K 14,4 33 U K -2,3
44 U.S. 1,8 31 U S 2,0 8 U S 70,3 48 U S 13,6 41 U S -4,4
45 Austria 1,7 41 Austria 1,2 41 Austria 54,5 15 Austria 26,8 17 Austria 4,0
46 Norw. 1,7 26 Norw. 2,4 52 Norw. 43,0 4 Norw. 36,3 3 Norw. 14,6
47 Belgi. 1,5 33 Belgi. 1,7 44 Belgi. 52,3 24 Belgi. 24,8 18 Belgi. 3,4
48 Netherl. 1,4 23 Netherl. 2,9 50 Netherl. 47,8 14 Netherl. 27,0 8 Netherl. 7,4
49 France 1,3 36 France 1,6 33 France 57,0 35 France 19,3 29 France -0,6
50 Germ. 1,3 44 Germ. 1,2 31 Germ. 57,9 29 Germ. 23,2 15 Germ. 4,6
51 Japan 0,9 32 Japan 1,9 29 Japan 58,1 28 Japan 23,3 23 Japan 1,0
52 Denm. 0,8 37 Denm. 1,5 48 Denm. 48,2 22 Denm. 25,0 13 Denm. 4,8
53 Gree. 0,8 29 Gree. 2,1 9 Gree. 70,6 49 Gree. 11,0 49 Gree. -11,9
54 Portu. 0,5 38 Portug. 1,5 15 Portug. 64,7 45 Portug. 15,0 46 Portug. -8,3
55 Italy 0,4 40 Italy 1,4 25 Italy 59,5 33 Italy 20,7 26 Italy -0,1
Prepared from data : WB DataBank, mey 2013, exscept data for GDP growth (annual%) averages 2000-12 to coll..
1,2,3 - which are from the IMF WEO Database, April 2013