Gross_world_product, Gross_world_product Information, Gross_world


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Gross world product (GWP) is the total gross national product of all the countries in the world. This also equals the total gross domestic product. See measures of national income and output for more details. The per capita GWP in 2000 was approximately $7,200 US dollars (USD).https://www.cia.gov/library/publications/the-world-factbook/geos/xx.html The Intergovernmental Panel on Climate Change (IPCC), in their Third Assessment Report (TAR), predicts a maximum per-capita gross world product in 2100 of approximately $140,000 (in year 2000 dollars). The IPCC reports a survey of "economic literature" as providing a maximum value of approximately $110,000 (2000 USD).^{[citation needed]}

Sometimes term Gross Planetary Product (GPP) is also used for same concept.^{[citation needed]}

Global growth

The table below gives the recent values of the overall global gowth as well as for near future according to World Bank in terms of constat 2000 US$.http://web.worldbank.org/external/default/main?contentMDK=21539434&menuPK=612510&theSitePK=612501&pagePK=2904583&piPK=2904598 Global Economic Prospects 2008: Global growth.

Note that the global growth rates are higher if stated in terms of purchasing power parity.

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