World Wealth Distribution

I got bored before breaking the fasting of the last day of this blessed month, I spent some time browsing the world bank web site, which I agree is not the best way to get rid of boredom :-)

This is what I came up with.

According to the World Bank and for the year 2005 the total world GDP is $44.384 trillion for 183 countries. The first 10 countries listed below represent almost $30 trillion or 68% of the total.

The world population being 6.3 billion and the population for the first 10 economies being 2.23 billion, this leads to the fact that 35% of the world population owns 68% of the world wealth (note that China population inflates that number significantly)

We should take in consideration that the distribution of this GDP within a country is not the same for all these 10 countries (i.e China vs US). depending on the political system of each countries.

A special mention to China. With a sustained growth of 8 to 10% a year since 1990, China just overtook the UK in 2004 by just $94 million to become the 4th largest economy. By projection, it will overtake Germany in 2007 and by year 2041 it will be the world largest economy, thanks to what I call National Capitalism (I'll try to elaborate more on this in a future post).

Tunisia is ranked 67th which is not bad at all for a young and small country with limited resources.

Total GDP 2005

Country  GDP in $million Population in M
1 USA     12,455,068      282.8
2 Japan   2,781,900       128.0
3 Germany 2,781,900       82.5
4 China   2,228,862       1300.0
5 UK      2,192,553       60.2
6 France  2,110,185       60.7
7 Italy   1,723,044       57.5
8 Spain   1,123,691       43.4
9 Canada  1,115,192      32.0
10 Brazil 794,098        186.4
. 
. 
. 
67 Tunisia  28,683 10.0

The complete GDP ranking can be found here

Detailed data for Tunisia can be found here

3idkom mabrouk we snin dayma we koll 3am wintouma b5ir