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Trillion. Visualization of 1 trillion (short scale) A Rubik's cube, which has about 43 trillion (long scale) possible positions. Trillion is a number with two distinct definitions: 1,000,000,000,000, i.e. one million million, or 10 12 (ten to the twelfth power ), as defined on the short scale. This is now the meaning in both American and ...
The Trillion dollar club is an unofficial classification of the world's major economies with a gross domestic product (nominal GDP) of more than US$1 trillion per year. [ 1][ 2] As of 2023, it included 19 countries. This does not include purchasing power parity, which increases the GDP of many countries with an undervalued currency, which are ...
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [ 1] Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day. The list is expressed in USD millions, using exchange rates from ...
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [ 2 ] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of ...
Budget and debt in theUnited States of America. The financial position of the United States includes assets of at least $269 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP). [ a] GDP in Q1 decline was due to foreclosures and increased rates of household saving.
In February 2024, the total federal government debt grew to $34.4 trillion after having grown by approximately $1 trillion in both of two separate 100-day periods since the previous June. [ 384 ] The U.S. Treasury statistics indicate that, at the end of 2006, non-US citizens and institutions held 44% of federal debt held by the public. [ 385 ]
The federal debt at the end of the 2018/19 fiscal year (ended September 30, 2019) was $22.7 trillion (~$27.1 trillion in 2023). The portion that is held by the public was $16.8 trillion. Neither figure includes approximately $2.5 trillion owed to the government. [ 83] Interest on the debt was $404 billion.
Trillion-dollar coin. The trillion-dollar coin is a concept that emerged during the United States debt-ceiling crisis of 2011 as a proposed way to bypass any necessity for the United States Congress to raise the country's borrowing limit, through the minting of very high-value platinum coins. The concept gained more mainstream attention by late ...