Trillion


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Trillion

1. In the short form, one million million. In business and economics, the GDP of highly developed countries is often given in trillions of dollars.

2. In the long form, one million million million. This is increasingly called one quintillion.
References in periodicals archive ?
Similarly, he said the federal budget deficit would be Rs 3.56 trillion whereas the provincial budget surplus is estimated to be at Rs 423 billion for the year 2019-20.
The president explained that the total N8.83 trillion proposed expenditure for 2019 included grants and donor funds amounting to N209.92 billion.
The government also plans to borrow up to P1.19 trillion next year to partly finance its budget, with a quarter of that expected to be met from external sources.
PMA realization was down 12.9% compared to PMA realization in the second quarter of 2017 at Rp109.9 trillion, while the domestic investment rose by 32.1% from Rp61 trillion in the same period last year.
Asia's third largest economy, currently ranked as sixth wealthiest in the world, also topped the list of "Best Performing Wealth Markets" with a growth of 25 per cent to $8.23 trillion as the global wealth rose by 12 per cent in 2017 (from $192 trillion at the end of 2016 to $215 trillion at the end of 2017), according to AfrAsia Bank Global Wealth Migration Review 2018.
Though the 845 trillion won is just an estimated debt on the balance sheet showing how much should be paid out in pensions for the next decade, taxpayers still have to make up for the deficit if the pension fund fails to meet the payments.
Only Japanese managers enjoyed an increase in assets last year, up 3.1% to $4 trillion.
Central government debt was 556.5 trillion won in 2015, and total government debt including local governments was 590.5 trillion won.
Assets in individual retirement accounts (IRAs) totaled $7.3 trillion at the end of the third quarter of 2014, an increase of 0.2 percent from the end of the second quarter.
he third-quarter results showed that the company's operating profit for the quarter dropped to 4.06 trillion won ($3.86 billion), down from last year's 10.16 trillion won ($9.65 billion) for the same period.
BEIRUT: Lebanon's budget deficit increased to LL5.252 trillion ($3.49 billion), or 28.67 percent of expenditures, in the first 11 months of 2012 compared to LL2.940 trillion ($1.95 billion), or 18.76 percent, during the same period in 2011, the Finance Ministry said in a statement Friday.
The South Korean auto major Hyundai which is also the second largest automobile maker in India has reported a marginal decline in its revenue from India at 3.861 trillion South Korean won (KRW) in January-September period in 2012 despite vehicle sales growing by nearly four per cent, according to reports.