Sunday, January 15, 2006

Corporations among largest global economic entities

Corporations among largest global economic entities, rank above many countries:

"Of the world's largest 150 economic entities, 95 are corporations (63.3%) according to data released this month by Fortune Magazine and the World Bank. Wal-Mart, BP, Exxon Mobil, and Royal Dutch/Shell Group all rank in the 25 largest entities in the world, above countries that include Indonesia, Saudi Arabia, Norway, Denmark, Poland, South Africa, and Greece."

For years USA, Japan, Germany and France have been the world's largest trading nations. This year the UK comes in at number 5, but we really do need to change our headset here because most trading entities are now corporations. We really do have to wake up and get a lot better at trading. No use complaining, no use wittering on, just get in there and play hardball like the rest of them!!


Rank Country/Corporation GDP/Revenue$ millions
1 United States 11,667,515
2 Japan 4,623,398
3 Germany 2,714,418
4 United Kingdom 2,140,898
5 France 2,002,582
6 Italy 1,672,302
7 China 1,649,329
8 Spain 991,442
9 Canada 979,764
10 India 691,876


Wal-Mart, BP, Exxon Mobil and Royal Dutch/Shell Group come in places 22, 23, 24,25 respectively. I suppose you are wondering where Australia is? Well, our fiscal management has got us in at number 13, which I suppose is pretty good given our size...but we need to keep the eye on the ball. Economists and strategists please take note.

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