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The charts are five-panel, portrait, charts.
|* the start date is the beginning of the chart. At least one series on each chart goes back that far. Some of the data series may start later than that.|
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Resolution, Adobe Acrobat PDF file (89kb)
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|Economic Indicator||Start Date*||Description|
|Real GDP (annual rates of change)||1948||A portrait, Comparable Growth Scale chart. The growth of real GDP is the most basic measure of economic growth.|
|Industrial Production (annual rates of change)||1960||A portrait, Comparable Growth Scale chart.|
|Unemployment Rates (annual rates of change)||1949||A portrait, Comparable Growth Scale chart.|
|Unemployment Rates||1975||A portrait, Comparable Log Scale chart. Note that this is the Unemployment Rate, not its rate of change.|
|Current Account Balance||1970||A seven panel, portrait chart (arithmetic scales).|
The first Summit, held at Rambouillet, France in November 1975, was attended by France, the United States, Britain, Germany, Japan, and Italy. Canada joined the group in 1977 at the San Juan, Puerto Rico Summit, and the European Community came aboard at the London Summit of 1977. This volume addresses the economies of the seven countries (excluding the European Community, since history for that amalgamation is comparatively brief).
Membership in the G7 has been fixed since 1977, although 15 developing countries' leaders met with the G7 leaders prior to the Paris Summit of 1989. Since 1991, the USSR and then Russia have engaged in a post-Summit dialogue with the G7. Beginning with the Naples Summit of 1994, the G7 and Russia have met as the "Political 8" (P8), after each G7 Summit.
GDP has replaced Gross National Product (GNP) as the governments economic yardstick. The two measures are almost the same, but they differ in one regard. GNP measures the value of output produced by resources owned by the citizens of a country, regardless of where the production occurs. GDP, in contrast, measures all of the output produced within the political borders of a country, regardless of the citizenship of the resources doing the producing.
This volume alone presents 35 data series on twelve charts!
This volume was introduced in the March 1997 edition.