Trillion dollar club

Trillion dollar club

The Trillion dollar club is an unofficial classification of the world's major economies with a gross domestic product of more than USD $1 trillion per year. The classification does not pertain to data based on purchasing power parity theory.

The trillion dollar club includes: United States, Japan, Germany, China, United Kingdom, France, Italy, Spain, Canada, Brazil, Russia, India, [ cite news
last=David
first= Ruth
url= http://www.forbes.com/2007/04/26/india-trillion-mark-markets-econ-cx_rd_0426markets24.html
title= Welcome To The Trillion Dollar Club
publisher= Forbes
date= 04.26.07
] and South Korea. [ cite news
last= MacDonald
first=Scott
url=http://www.atimes.com/atimes/Korea/HF28Dg03.html
title= South Korea braves the knowledge economy
publisher= Asia Times
date= June 28, 2006
]

Chronological order

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# [ cite web
url=http://indefenceofliberty.org/story.aspx?id=371&pubid=110
title=India is now US$ 1 trillion economy
publisher=Liberty Institute
date=April 27, 2007
]

All four of the BRIC countries are currently $1 trillion economies. Since economic conditions are subject to rapid change, a country could achieve the GDP mark one year and then produce less than $1 trillion in goods and services the following year. Data are compiled differently by different organizations, so some countries could be off the list depending on the source.

References

ee also


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