In the US, total private credit grew from around 70 of GDP in 1945 to well over 200 in 2008.

Since 2008, banking sector credit growth in China has been among the fastest in the world, far outpacing GDP growth, and China s total debt has risen from 130 of GDP to 220 of GDP.

In the late 50s, Ghana and Singapore had the same GDP.

Potential output has also been called the natural gross domestic product.

Another 40 of GDP comes from the private sector.

Indeed, the Asian Development Bank estimates that European banks fund about 9 of total domestic credit in developing Asia three times the share of financing provided by banks based in the United States.

In economics, potential output (also referred to as natural gross domestic product ) refers to the highest level of real Gross Domestic Product output that can be sustained over the long term.

The world annual Gross Domestic Product is about 65 trillion.

The communications sector accounts for 11.9 per cent of GDP.

China s GDP growth, which relies heavily on credit, will take a hit.

When the USSR collapsed, the government investment was 70 of the GDP.

Meanwhile the 47 of workers involved in the services sector are responsible for 56 of GDP.

Fiscal positions are solid and public debt amounts to only 32 of the region s GDP.

If the US lived up to its pledge of 0.7 of GNP in donor aid, it would be giving 75 billion per year.

The combination of household and corporate saving brings total private saving to 7.5 of GDP.

By the time Ikeda left office, the GNP was growing at a phenomenal rate of 13.9 percent.

During this period, credit expanded rapidly as a share of GDP, reaching more than 300 at the peak.

But they remained underinsured against domestic credit risks the leading threat to emerging economies today.

Microcredit schemes and revolving credit funds could be used to develop community based water supplies and services.

Together, these changes could lower total demand by nearly 2 of GDP.

Even an economy with an overall budget deficit will have a declining government debt GDP ratio if the growth rate of its nominal GDP exceeds that of its debt.

Consequently, maintaining high GDP growth rates requires an ever increasing volume of credit and a continuously growing money supply.

Over the last 30 years, in terms of the GDP growth rates, China has grown at twice the rate of India.

It's basically two ratios of per capita GDP, per capita gross domestic product, so average income.

In the coming years, total consolidation is set to increase to around 9 of GDP.

The service sector of the economy, including tourism, education, and financial services, accounts for about 70 of GDP.

The service sector is the largest component of GDP at 64.1 , followed by the industrial sector at 24.7 (2008 est.).

First, in the last 10 years we have achieved a sustained growth rate of over 5 per cent of our gross domestic product (GDP).

So Bhutan has this really wacky thing where they base most of their high level governmental decisions around the concept of gross national happiness instead of gross domestic product, and they've been doing this since the '70s.

As of this year, 1 of GDP growth is consistent with more than 3.5 of credit growth.

It turns out even during the Cultural Revolution, China out perfomed India in terms of GDP growth by an average of about 2.2 percent every year in terms of per capita GDP.

In just 10 years, the share of state directed bank lending in China has fallen from 92 of new credit creation to less than half.

Credit Where Credit is Due

In 2006, for example, Zambia will see its debt fall by almost 10 of GDP, leaving more resources available for development.

In China, total public debt currently amounts to roughly 60 70 of GDP a manageable burden.

Despite some internal and external constraints, last year we achieved a record 6.27 per cent growth in our gross domestic product.

While domestic credit booms may be a threat in the future, emerging market banks have mostly remained immune from the fallout of the financial crisis.

Domestic demand is playing an ever more important role in underpinning growth as interest rates drop and the availability of credit cards and mortgages increases.

The ratio of total public debt to GDP was less than 22 in 2007 2008, before the global financial crisis.

The US now borrows 2 billion a day, 95 of it from Asia and 45 of that amount from China s central bank. America s total debt exceeds 39 trillion dollars, or roughly 3.5 times US GDP.

Thirty five years ago, they promised to give 0.7 of their GNP to poor countries as development aid.

China s gross saving rate (the percentage of GDP that is not consumed immediately), which includes both public and private saving, is around 50 .

In 2006, the share of external trade in India's GDP stood at 24 , up from 6 in 1985.

So far during the financial crisis and ensuing recession, the US has been incapable of kick starting credit growth, the major transmission mechanism by which monetary expansion feeds through to domestic economic activity.

Thus, although China s total money supply seems excessive, with the M2 to GDP ratio now at about 190 , the real monetary base is actually much smaller than it appears.