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# If all the wealth in the world was divided equally between each living human being, how much (£GB) would each receive?

Question #83280. Asked by sonnydelight. (Jul 12 07 7:19 PM)

Vy_lette

https://www.cia.gov/library/publications/the-world-factbook/geos/xx.html
Population of the worldP:6,602,224,175 (July 2007 est.).
GDP: \$46.76 trillion (2006 est.)

That would equal to US\$7.08 billion per person approximately.

http://www.xe.com/ucc/
Currency Exchange (13 July 2007) US\$1 = GB£0.492805

GB£3.49 billion per person.

 Jul 12 07, 9:41 PM
User111

Lol, sorry I think you've made a mistake.

I'm from England and you've quoted the CIA World Factbook which obviously uses the American system of billions and trillions which is confusing for me, and I think perhaps that's where you've gone wrong. I think if you had written it out in numerical form you would have seen your mistake.

46.76 trillion in America is 46,760,000,000,000.
46,760,000,000,000 divided by 6,602,224,175
is 7,082 and that is in dollars.

Although of course these quoted amounts have now changed but I'm unsure which number you were looking at for GDP, there are 2: "purchasing power parity" and "official exchange rate". I don't know which is the one to use here.

If you go on the link
https://www.cia.gov/library/publications/the-world-factbook/geos/xx.html
and scroll to Economy you can see both GDP values are said to be so many trillions. The bar chart icon by Purchasing Power Parity refers you to:
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html
which is a comparison to each country, and you can cleary see the "trillion" has only 14 digits. It takes 13 in the short scale, and 19 in the long scale.

It is a shame the shared wealth of the planet seems to be such a small amount.

 Feb 13 09, 9:39 PM

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