economic growth, cast a shadow over short-term global
economic prospects; GWP probably will grow at 3-4% in 2001. The
introduction of the euro as the common currency of much of Western
Europe in January 1999, while paving the way for an integrated
economic powerhouse, poses serious economic risks because of varying
levels of income and cultural and political differences among the
participating nations. (For specific economic developments in each
country of the world in 2000, see the individual country entries.)

GDP: GWP (gross world product) - purchasing power parity - $43.6
trillion (2000 est.)

GDP - real growth rate: 4.8% (2000 est.)

GDP - per capita: purchasing power parity - $7,200 (2000 est.)

GDP - composition by sector: agriculture: 4%

industry: 32%

services: 64% (1999 est.)

Household income or consumption by percentage share: lowest 10%: NA%

highest 10%: NA%

Inflation rate (consumer prices): all countries 25%; developed
countries 1% to 3% typically; developing countries 5% to 60%
typically (2000 est.)

note: national inflation rates vary widely in individual cases,
from stable prices in Japan to hyperinflation in a number of Third
World countries

Labor force: NA

Labor force - by occupation: agricultue NA%, industry NA%, services
NA%

Unemployment rate: 30% combined unemployment and underemployment in
many non-industrialized countries; developed countries typically
4%-12% unemployment (2000 est.)

Industries: dominated by the onrush of technology, especially in
computers, robotics, telecommunications, and medicines and medical
equipment; most of these advances take place in OECD nations; only a
small portion of non-OECD countries have succeeded in rapidly
adjusting to these technological forces; the accelerated development
of new industrial (and agricultural) technology is complicating
already grim environmental problems

Industrial production growth rate: 6% (2000 est.)

Electricity - production by source: fossil fuel: NA%

hydro: NA%

nuclear: NA%

other: NA%

Exports: $6 trillion (f.o.b., 2000 est.)

Exports - commodities: the whole range of industrial and
agricultural goods and services

Exports - partners: in value, about 75% of exports from the
developed countries

Imports: $6 trillion (f.o.b., 2000 est.)

Imports - commodities: the whole range of industrial and
agricultural goods and services

Imports - partners: in value, about 75% of imports by the