MAIN ECONOMIC INDICATOR OF COUNTRY "A" (A COMPOSITE ADVANCED ECONOMY) In billions of Thaler, unless otherwise indicated Table 1. Nominal GDP 2019 2020 2021 Table 3. Government sector 2019 2020 2021 Industry Flow Agriculture Governement revenues 37 36 39 Manufacturing & construction 21 20 22 Governement expenditures 40 46 48 Services 78 75 81 Primary expenditures 38 44 47 Expenditure method Debt services 2 2 Domestic demand Fiscal balance -3 Private consumption 62 57 63 Primary fiscal balance General government consumption 17 18 19 Stock Total investment 22 21 23 Gross public debt 113 128 137 Net exports Net public debt 86 95 104 Exports of goods and services 26 23 27 Memorandum Imports of goods and services 27 23 28 Fiscal balance (% of GDP) -3.0 Gross Domestic Product 100 Gross public debt (% of GDP) 113 134 132 Memorandum Implicit interest rate on govt. debt (%) 1.5 1.2 1.1 Nominal GDP (in %) 3.0 Real GDP growth (in %) 1.5 Table 4. Monetary & Fin. Indicators 2019 2020 2021 Inflation [GDP defator] (in %) 1.5 1.0 3.0 Short-term interest rate (%) 1.2 0.3 0.1 Stock market (composite index) 100 98 124 Table 2. Population and labor force 2019 2020 2021 Labor force (in million) 384 380 382 Table 5. Global Environment 2019 2020 2021 Employment (in million) 366 355 361 Crude oil price (US $ per barrel) 61 41 69 Unemployment (in million) 18 26 21 World trade volume (growth in %) 0.9 -7.9 10 Population (in million) 861 865 866 World trade volume (index) 100 92 101 Memorandum World real GDP growth (%) 2.9 -3.1 6.1 Unemployment rate (in %) 4.6 World real GDP (index) 100 97 103 Country A is a weighted average of advanced economies : USA 46%, EU 35%, Japan 12% and the UK 7% (using GDP at PPP). The thaler is a fictional currency. Author's calculation based on mostly two sources : IMF, World Economic Oulook, April 2022; World Bank, World Economic Indicators, online database, accessed on July 12, 2022; other relevant sources as needed. Financial data from finance.yahoo.com (DJIA, Euronext-100, FTSE-100 and Nikkei-225). Monetary data from the Federal Reserve Bank, the ECB, the Bank of Japan and the Bank of England