Global Economy: GDP, Inflation, Unemployment, and Trade Balance

This report presents an analysis of the global economy, focusing on key economic indicators such as Gross Domestic Product (GDP), inflation, unemployment rates, gross capital formation, and government expenses. The analysis covers the period from 1990 to 2016, examining the economic performance of Australia, China, South Korea, Japan, and the United Kingdom. The report uses data from reliable sources to illustrate trends and fluctuations in these indicators. Furthermore, it explores the relationship between exchange rates (AUD/GDB, AUD/CNY, and AUD/JPY) and the trade balance of Australia. The findings highlight the impact of currency value on trade dynamics and offer insights into the economic performance of different countries, comparing and contrasting their progress in various economic aspects. The report concludes with an overview of the implications of these economic indicators on the overall performance of the global economy.