Eomomic Deelopmt Program C/56 - 33EZR! E 4mID Ern.MM 15 198S by due thewgumasl sprvisiea of 3vesett 3. Uges Note: 7%s follwing tables preset estimtes of warld imoom for 195, * broen dam by regOs and countries, as apressed in thited States dollars. Th estimates oomstitute a revisian of estimates for 1950 ewhbd out t an earlier Coter study. Te anly similar estimates of remt date kaot to us are thse publIshed by the thited Natioms in 1952 referring to 1949, and Prof. Colin Clerk's estimates is his book the Conditims of Doonomio Progress (1951). The attempt has bee sd to use all readily available data. May of the estimating teobaiques used have seoeusarily had to be very cradt and readers are advised to read carefully the Intrdmotics and the notes to individual tables. Despite these limitatioms, it is felt that the absemee of other estimates an a comparable basls Justifies this effort. Canter for Internatiemal Studies 8A.CrSTTS INSTITUTZ Or einMmran Cambridge 39 atte Oum June 1986 '6' 9 M. B. Watkins/I. ESTIRT7 The attche OF W0LW Il E. Hagen Mw 1953 tables present estimates of aggregate and per capita national income in United States dollars in 1983 for "ft country in the world. there available, estimates in own currency have been used and have been converted at the prevailing exchange rate, where a representative rate could be found, to yield estimates in V. S. dollars These estimates are subject to the limitations associated with an attevet to convert to a common currency basis'. Columns 7 and 8 of the tables present alternative estimates for a number of countries. The bases for them are indicated in the notes following eech table. These alternative estimates were made in cases where no single meaningful enebange rate could be found, where rapid inflation or subsequent behavior of the rate suggested that the 1983 rte was not -epesentative, or-*here other evidence suggested that the exchange rate-'s markedly unreprese6tative puichasing pomtr parity of the currency. Ntitr fokeigaeziikige Pet all oountries for which no national income data are available, estimates directly in tited States dollars have been made here. United Nations estimates were used where available. Their conceptual bases vary considerably in many details, and the atteet 3 United Nations, Deographic Yearbook, International Monetary Fund, 1954 International Financial Statistics United Nations, Statistical Papers, Series E, No. 1, 1950 The estimates were prepared by M. H. Watkins, under the very general supervision of R. E. Ehagen. Estimate of Net World Income and World Pqpulation, 19583 by Geographio Areas Thousands National Income $ - million United States and Canada 174,615 324,481.' Latin America 173,183 40,411.8 13,916 10,264.4 310,400 162,493.9 776,934 64,612.7 89,934 12,310.1 Africa, ew=luding Egypt 186,072 13,49.5 Comnnist Bloc 896652 156 400.0 2,621,676 784 8524. 1 Population Oceania Europe, excluding Ua satellites Asia: and South & East excluding Comminist Asia Middle East World Totals IL INDIVIDUAL COUNTRY ESTI*TEB SntedSates and Cnaa (2). Population Country theI I Unicas" t 4,7% 1ISO8 f (3) (4) (5) in mi lLIons oF local @ufrmoy Value of cur-' National rency in U.S. Income Cests $ ll. 19,156 jl$1.7 Natio nal Income CowdF-4 305,00 19,481.7- 13 000 A (6) (7)National National Income Per Capita -T Income (8) National Income Per Capita - 4 I1,908 19,481.7 1,318 j 305,000 1,908 Latin Ameria Argena 18,390 - Bollt * - Sg107 93,965 pesos 3 30,50 bolivTUnos 460 5 1.654 6,737k3 5083 12,013.1 33 55;792 336,590@u,es rat r itwLtuna 7.17 2~ 135.0 Wil4 $ 58 .33 10.9 V.I2g$ 58.33, 79.3 6.31 11 12,108 Cuba 5,807 1,700.6 Dosiaioan Republio 2,291 365.0 Eluador 3,464 1l Salvador 2,05 p 17 pesos 23 167' 170,9 55 11,013.1 215 92.0 200 215 1848 107 I 110 158.0 110 20 '2501 .40,015 2,690 . 227 100.0, 1,700.6 2 3065.0 159 343 7 15020 507.7 147 346,4 100 287.6 140 307.8 150 6.601 coloaep 7 3, pesos 7,691 suowes 719 466, 2,434.4 .909121 266,605 pese 6,726 6737.3 106 I3 6,072 366- 3,02't.0 1,O87. 325 24 Latin America (cont d) (2) tish t g (3) (5) (4) (7) (6) 101 76 indies in 2pirt 4 canl ioI 57 6.8 120 Virgin Islapds tV.S.) 25 3.0 120 3.1 120 0.2 120 Oilid O i26 ei a 40 411.8 Notes 1. Estide4y,*_gbjective judgment of per relation to other countries, or on so=e Controlled, free.rate T idpiovemnt over 1950. 1960. 1NNaj f rati, hunOd &i to be relatively meaningless. Offcttii N). 1949 1bt ,iiport rate . Priuc CI!) -12. Exchange rate devalued 1954 to ~ 1949 . of 16 P. 8. other .65 which would give 1951 9 . 1946-. ~Populatio~ 892.2 St. Kitts-Nevis, Anguilla, Dominica, St. Iucla, St. Vincent, Grenada. 10. Batbados, .ntigua 11. 12. 1949/Mi Duyn*. rate 13. ?p.aW)& aprox. 3Cr.. 1949 p O t6 .# &y 1954 euren Economy subject to severe inflatipaary strains. gure of =9. ti *uld $* V. 19)5? 1. Buying rate 1G. 1952 er cpita + 10%. 1949 per capita (UN) 132 (Chile 188) Late Oceania (2) (1) Australia 8829 New 200atlSIK 2047 Australian Oceania (3) 2 36292 pounds 208p 08 pounds (8) (4). (5) (6) 224.0 8129.0 921 8129.0 921 280.0. 1982.4 968 1982.4 968 15.9 40 398 (7) 84"3 3.4 22 0.9 British Oceania 605 4.2 Hawaii 523, 52.3 100 52 2.1 40 401 French O Lta 40 N.Z. eeithia 40 Samoa-6tietM4 New Guinea (Trust.) iscellanqoup Islands (Trust) Condo it 'm (Anglo-French) 1155 46.2 151 6.0 2.0 50 13,916 1. Estisated by subjective judgment of other very general bass., 2. Adjusted for calendar year 3. 1951 10264.4 relation to Other countries, or on some 40 :1 4 401 401 Euroe (Cont "d.) (7) (2) 1 (3) (4) (5) 8) (6) 5 1.0 200 976 585.6 600 Lichtenstein 14 3.5 250 11onaco 22 5.5 250 297 74.3 250 13 3.3 250 andorra Saar Trieste San Marino 310,400 (1) Estimated by subjective judgment of pet capita relation to other countries, or on somo othr very gewtal bas. (2) 1949 per capita (UN) + 90%. (3) (4) r (5) (6) (7) (8) (9) (10) (11) (12) (13) 19 par_ capita (UN) + approx. 25%. National income estimated as 85% of GNP. Principal rate on exports and imports. Free rate. 1949 pr capita (UN) + approx. 20%. 1949 per capita (UN). Prizncipal import rate. Depreciation estimated at 8% of GDP. Official selling rate. Net material product at freely formed market prices. Ofdssion of consumer services from net material product assumed to be balanced by avwvAluation due to exchange rate. UN estimate for 1949 was $146. Asia: South and East, Excluding Coninist Countries (Cont'd) (1) 87 3.5 401 7,000 280.0 401 25,880 1,294.0 323 48.5 1501 New Guinea 700 28.0 401 Macao 200 30.0 1501 Portuguese India 641 96.2 150 Portuguese Timor 459 68.9 1501 54 8.1 1501 North Borneo 355 14.2 401 Sarawak 592 Ryukyu Islands 962 haldive Islands Nepal Vietnam French India Brunei .59.2 50 1 100 401 66412 .7 *776,9*g 0 midest (1), 35.5 pounds 2 857. pounds 506 21,935 1,650 1,353 Cyprus Egypt Israel Lebanon Syria 1050. pounds 1155. pounds 1410. pounds 13 833. lira 3,535 2,2461 Turkey Bahrain, (4) (3) (2) 280.0 287.2 100.0 31.0 27.9. 35.71 (5) 99 ,4 2J461.3 1,050.0 358.0 393.4 4,957.6 110 20,253 Iran Iraq Jordan 4,871 Kuwait Juscat 150 Oman Trucial Omn Yemen Aden Gaza strip Saudi Arabia Qatar A 1,360 550 80 3,0002 (6) 2103 112 636 265 111 221 (7) (6) 106.3 210 1125 450 2657 111 2218 1709 70 2,461.3 742.5 358.0 393.4 4,957.6 18.7 1417.7 438.4 68.0 375.0 22.0 3.2 120. 0 800 80.0 300 7,0001 20 89,934 12.0 700.0 36.0 1,2101 50 ,5001 40 401 4010 1001 40a 10 1,600 Notes 2. 3. 4. 5. 6. 7. S. Estimated by subjective judment of apita relation to other countries, or an sOM other 1950 Calculated at 1950 population of approx. 470,000. I1W implicit rate on exports. Effective rate 1954, 56.0, which would give inacom 1949 per capita (UN) + approx. 30% Official cross rate with U.S. dollars. Although this figure may seem high, see United Nations, Economic Developments in the Middie page 150, where 1230 is suggested as not unreasonable. Estimated as indicated in the introducetd1 tektt on basis of very crude cilulation Os value of crude oil production. 9. 10. 11. 3949 r capita (T) 1949 per capita (UN) 1952. 85, lese estimated ettect of stoppage in ol production. very general basis. of 356. East, 1943-1954" in f.t. dollars -- Afriec (1) (2) British Colonial1 . 42 .rQ ~ nt d (4) (5) (6) 4599 (7) 280.0 (8 50 974.7 501 Trust Territories 1494 15 South West Africa 488 65.7 150 8*20 441.0 50 184 9.2 50 Anglo-Egyptian Budea Tangier 186,072 Lop 89 IL .5 Notes . Estimated by subjective judgment of per capita relation to other countries, or an some othet very general basis. 2. S. 1948; very rough estimate GDP at factor cost, 1950/51. Money econoay only--excludes rental income of persons 4. NDP 1952 5. 6. 1952/53 GP at factor cost available. Ratio of OW to NH! in 19S54/51 used to aAt NI for 1953. 1952 NDP at fachor cost 7. 8. 9. 10. Averaged to calendar year 11. 12. 13. Estimates 1958 except Rpaion (1950) and Freach Equatorial Africa (1950) Estimates 1953 except S&O Tdo* apd PImcipe (1952) Basutoland, Bechuanaland', British So lan ,MariaPende iesa St 4 Helena 14. Swaziland, Zanzibar and Peba Cameroons (Britain) and (French), Ruanda Urundi, 15. Estimates 1953 except Cameoont(French) and Togoland (French) (1952) 1950 1949 per capita (UN) 38 Excluding French West Africa Seyehelles, Siesre Leone, Somalilaad(q'), Tangaayib(Britain), Tgoland(Britain) and (France) 19 UPPLIMNT Itational Income and Related Iagnitudes, Various Countries The attached tables present calculations of certain ratios, for countries for which they are available, and present also the magnitudes from which the ratios are calculated. The ratios are: Depreciation/ Net Domestic Income, Indirect Taes (Net of Subsidies)/Net Doamstic Income, Net Income Flow AbroadVNet Domestic Income, Net Income AbroadNet National Income. All figures low Countries are grouped by geographic areas. are in the local currency, and are for the last year for which a break down could be obtained. Depreciation estimates are on a current price basis for Austria, Chile (agricultural and construction areas only), France, Western Germany, Greece, Indonesia, Italy, Netherlands, Norway, Panama, Philippines, and Turkey, and wholly or primarily on a historical cost basis for other countries. *Source: United Nations, Statistical Papers, Series H, No. 8 Table 6, "Relationships Among the Main Aggregates." IMTIOAL KNCOM AND REUATED MAGNITUDES-, VARIOUS COUNTRIES North America (3) (2) (1) -2,9921 24 688 Canada -27.2 63.3 United States (5) (4) 22,296 336.1 -2 901 -31.6 (9) (10) (11) (12) 19,15G 12.3 15 0 -1.2 -1.2 305 8.9 10.4 +0.5 +0.5 (3) (7) (8) 19,395 -239 304.5 1.5 lIndirect taxes includes a statistical discrepancy and business transfer payments; subsid es stated net of current surplus of public enterprise. 1 Oceania (1) (2) Australia 4 507 827.1 New Zealand (EGP 2 (") -274 1 -49 .0 (4) (5) (6) (7) (8) (9) 4,233 -457 3,776 -82 3,714 7.3 778.1 -5 1. 1 727.0 6.7 2 (11) (12) -1.4 -1.7 (10) (11) (12) 12.1 7 A2 at market price Ratio of I Middle East (1) (2) Cyprus 40.5 Turkey 16 251.8 11950 (4) (M) -1.7 -914.9 (G) (5) 38.8 15 ,4363.4 (7) (9) (8) -3.0 35.8 -0.3 13 .6 4.7 8.4 -0.8 -0.8 -1,523.0 13,913.4 -30.4 13 883.0 6.6 10.9 -0.2 -0.2 Iatin America * (1) (2) GDP At Market Prices British Guiana 150.62 British West Indies 129.9 4 (3) (4) -Dep a NDP -8.2 -17,022 Colombia 7,665 -352 Cuba 2,070.3 -113.4 Ecuador 9,349 -460 Honduras 4 Mexico -263 512.8 43,299 British Honduras 7 Panan 4 316.3 6,243.2 4 20,866 1 , Peru Puerto Rico Brazil 4 9 1,172. 0 359.2 - 5 -15.4 (6) NDI (7) Net Income Flow (9) (10) (11) (12) NNI 3/6 5/6 7/6 7/8 -4.6 -4.8 142.4 -6.5 135.9 5.8 104.5 1.0 105.5 9.6 14.7 +1.0 +0.9 217,675 -20,444 197,231 -6,753 190,479 8.6 10.4 -3.4 -3.5 7,313 -525 6,788 -62 8,726 5.2 7.7 -0.9 -0.9 1,956.9 -221.3 1,735.6 -35.0 1,700.6 6.5 12.8 -2.0 -2.1 8,889 -912 7,977 7,691 5.8 11.4 -3.6 -3.7 5.9 7.9 -5.9 -6.3 8.0 5.8 -0.7 -0.7 7.9 +3.1 +3.0 3.4 8.2 +1.7 +1.6 310 0 3.9 5. 5.10 -0.2 -0.2 486.5 -39.7 446.8 -286 38,077 -261 11,313 -833 10,480 327 -9.8 306.5 -23.1 -225.0 6,018.2 -306.6 283.4 341.6 -42.6 8 4.7 - -102.1 -57.5 37,816 -- -1,288 -2,870 420.3 -26.5 -2,191 -17.6 (8) Abroad 3.031 40,268 -- Paraguay 119.9 -10.0 234,697 Chile' (5) -Indirent Taxes and Subsidies 299.0 10,807 288.1 5,711.6 16,238 17.7 10 7.9 10 -- 961.4 6.010 10.6, -0.7 298.3 5.9 14.2 * For Footnotes 1 through 11, see next page. 1 1951 2 GDP at market prices 3 Barbados, Antipa, Doinica, St. lIcia, St. Vincent, Grenada, St. Christopher, Nevis, and Anguilla. Data for 1949 except Antigoa, St. Christopher, levis and Anguilla which are 1950. 4 1952 5 U.N.: 6 1950 7 1946 8 Includes remittances from abroad 9 GNP at market prices based on estimates of Puerto Rico 10 Ratios of 10I 11 MNP at market prices, including statistical discrepancy Europe (3) (2) (1) Austria 77.5 Finland 805.0 14,6041 France W. Germany Greece 1 --5.4 -98.0 -1,491. (4) (6) (5) 72.1 -8.9 707.0 -99.3 13,110. -2,259. -20,381. 134,929. -10,189. 121,740. 47,726. -1,733. 45,993. (8) (7) 63.2 607.7 -------- -5,243. Italy 11,587. Netherlands 23,670. Norway 23,136. 47.9 Portugal -14.0 470.0 9 -------- Switzerland United Kingdes 16,509. 13.8 14.0 2 16.3 2 20.8 -0.4 -0.4 2 -614. 103,745. 9.8 19.5 -0.6 -0.6 40,750. 529. 41,279. 4.3 13.1 +1.3 +1.3 437.0 3.4 15.5 +7.8 +6.9 407.0 30.0 10,629. -1,439. 9,190. 29. 9,219. 10.4 15.7 +0.3 +0.3 -2,150. 21,520. -2,610. 18,910. 440. 19,350. 11.4 13.8 +2.3 +2,3 -4,291. 18,845. -1,594. 17.251. -59. 17,192 24.9 9.2 -0.3 -0.3 5.2 7.5 +0.2 +0.2 +0.2 +0.2 +0.1 +0.1 -958. -2.2 45.7 39,912. Sweden -63.0 10,851. (12) 104,359. 3 484.0 Ireland 2 8.5 605.3 16.1 -2.4 (11) (10) (9) 21,170. -3.2 42.5 0.1 42.6 -3,620. 36,892 65. 36,9576 -1,000. 20,170. 30. 20,200. -2,003, 14,506 197. (1) GNP at market prices. (2) Ratio ot (3) Includep net pensions from the rest of the world and migrants' (4) (5) (6) (7) (8) net remit tances. Refers t depreciation allowances of enterprises only. GDP at factor cost. GNP at market prices. Ratio of NMDI, depreciation assumed to be 5-15% of GDP at factor cost Patio of NNI, same assumption. YNI - j 14,7036 ---- 10.3-11.5 5.0 --- 14.5-16.2 7+1.4-1.6 7 +1.4-1,6 Africa (1) (2) (3) (4) (5) (6) Belgian Congo 55,680 - 5,000. 50980 - 5,110. 45,570. 1 611.8 - Wigeria 117.2 - g. Rhodesia 4.7' 2 1, Rhodesia (t) 1950/51 (2) 586.7 - 112.5 +.2 112,7 - 127.4- 5.3 122.1 - Burn 4,520.. Ceylon 4,629. Hong Kong6 2,511.0 - 255 4,265 ----- - 24.8 India 8 24.0 4.1 43 160. (10) (11) 11.0 11.2 - 583.6 1.7 88.7 4.2 118.0 2.6 4.3 (12) - 5.3 5.6 - 0.5 - 0.5 -21.3 -27 .1 - 3.4 - 3.5 South and East 93,422.0 - 44441. - 2,334.6 - 55.0 185. 2,486.2 - 151.6 5.2 -4,296.8 8,9125.2-7,486.5 Japan 7,175.3 - 484.0 6,691.3 - Philippines 8,425 - 432. 7,993. 25,595.4 -12,79.8 2 3 ,926 98.7 8 (1) (2) (3) (4) (5) (6) (7) (8) (9) 3.1 - 339. 103.9 - Thailand 1 0 2,410. (9) 1952 Asia: Indonesia - 15.1 601.8- 10.0 (8) (7) - 24,315.6 - 81,638.7 - 6,5 3,928. 3 2 36 0.1 4.53 0.9 - 0.95 6.5 2.4, - 2.4 5.3 0 .1 - 0.1 5.3 9.2 0.5 - 0.5 0.3 -0.3 0.9 - 0.9 4,408. 2,279.6 1.1 98.6 --435.0 81,204. 640.1 5,984.09 - 19.1 5,964.9 8.1 10.7 549 7,444 - 69 7,375 5.8 7.4 5.5 4.0 938.5 23,377.1 + 0.1 8.6 - GDP at factor cost GNP at factor cost - 4.6. Ratio of NDI, with depreciation assumed to be 5-10% of GDP at factor cost,, giving ratio 4.4 Same, giving ratio 0.85 - 0.9. (10) 1950 Ratio of NNI, same assumption, giving ratio 0.86 - 0.91 (11) Estimated by UN at 5% of GDP 1949 at market prices. Includes personal remittances and official grants 1952 Does not reconcile because of statistical discrepancy