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The top 175 global economic entities in 2009

November 9, 2010

The world’s largest economic entities in 2009, as measured by Gross Domestic Product and Total Revenue, reveal some interesting facts. The most telling for most Malaysians being 6 corporations / multi-national corporations which include Wal-Mart (ranked No. 23), Royal Dutch Shell, Exxon Mobil, British Petroleum, Toyota Motor and Japan Post Holdings are “bigger” than Malaysia (ranked No. 47).

With reference to Asian countries, Thailand (ranked No. 36) and Hong Kong (ranked No. 43) are ahead of Malaysia while Singapore (ranked No. 52), Philippines (ranked No. 61) and Vietnam (ranked No. 111) are  trailing us. In the same report, our Petronas is ranked No. 171.

The following is an excerpt of the above report by D. Steven White whose work I have referenced for this post … (emphasis mine)

Seven of the top 50 economic entities are multinational corporations (14 percent). In the second tier of 50, 37 are corporations (74 percent) and in the third tier of 50, 88 percent are corporations (44). In total 62.3 percent (109) of the top 175 economic entities are corporations.

Not listed are 129+ countries with levels of gross domestic product (GDP) lower than Oman’s.

The total revenue of Wal-Mart (23rd on the list) is 2.24 times larger than the GDP of Singapore (52nd on the list) and 6.77 times larger than the GDP of Oman (175th on the list). From a marketing and international business perspective, this illustrates the level of success achieved by multinational corporations.

D. Steven White’s blogsite is here.

From → World Watch

One Comment
  1. Flyer168 permalink

    ewoon,

    Just to share this one…

    “…a country doesn’t have to be an economic giant to be among the richest countries in the world.

    It just has to have either a government that makes sure wealth is distributed broadly across the population or a small population that includes some extremely wealthy people.” Unquote.

    See full article from DailyFinance: http://srph.it/hlgsRW

    This is the essence….

    You be the judge.

    Cheers.

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