World Development Indicators 2008
Friday, April 10, 2008
World Development Indicators 2008 - The World Bank estimates the combined output of the world's economies was $59 trillion in 2006. Developing countries are rapidly becoming a significant part of the global economy, producing 41 percent of that output, according to the bank's World Development Indicators 2008. China was the world's second largest economy, India ranked fourth, with five developing countries among the world's top twelve largest economies.
The report presents a comprehensive picture of the world, showing among other things, what countries spend on health and infrastructure, and who has access to clean water or the internet. With these statistics, the World Bank illustrates the state of governance and the welfare of people around the world, as well as the health of the planet.