g nations. The terrorist attacks
on the US on 11 September 2001 accentuated a further growing risk to
global prosperity, illustrated, for example, by the reallocation of
resources away from investment to anti-terrorist programs. The
opening of war in March 2003 between a US-led coalition and Iraq
added new uncertainties to global economic prospects. After the
coalition victory, the complex political difficulties and the high
economic cost of establishing domestic order in Iraq became major
global problems that continued through 2006.

GDP (purchasing power parity):
GWP (gross world product): $65 trillion (2006 est.)

GDP (official exchange rate):
$46.66 trillion (2006 est.)

GDP - real growth rate:
5.1% (2006 est.)

GDP - per capita (PPP):
$10,000 (2006 est.)

GDP - composition by sector:
agriculture: 4%
industry: 32%
services: 64% (2004 est.)

Labor force:
3.001 billion (2005 est.)

Labor force - by occupation:
agriculture: 41%
industry: 20.7%
services: 38.4% (2002 est.)

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

Household income or consumption by percentage share:
lowest 10%: 2.5%
highest 10%: 29.9% (2002 est.)

Inflation rate (consumer prices):
developed countries 1% to 4% typically; developing countries 5% to
20% typically; national inflation rates vary widely in individual
cases, from declining prices in Japan to hyperinflation in one Third
World countries (Zimbabwe); inflation rates have declined for most
countries for the last several years, held in check by increasing
international competition from several low wage countries (2005 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:
3% (2003 est.)

Electricity - production:
17.15 trillion kWh (2004 est.)

Electricity - production by source:
fossil fuel: NA
hydro: NA
nuclear: NA
other: NA

Electricity - consumption: