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International Business Institute

About Us

The International Business Institute was established in late 2016 and is based at the Ivey Business School at Western University in London, Ontario Canada.  The goal of the IBI is to be a premier global forum for research, teaching, and outreach on international business.  More specifically, it will:

  • Prepare leaders who understand and can meet the unique challenges and opportunities of business management in a global context
  • Advance Ivey's international business research ranking for thought leadership within the worldwide top 10 business schools
  • Strengthen management education in the world's poorest countries

Ivey's International Business Institute combines both the previous Asian Management Institute and Engaging Emerging Markets Research Centre, and includes international business issues in developed markets.

 

International Markets: Major Sources of Economic Output

September 12, 2019

 

Gross National Income (GNI)

Population
(Million)

Purchasing Power Parity
(Int’l $ Billion)

Economic output measured by looking at the prices of a bundle of goods and services at home in local currencies

Atlas Method
(in U.S. $ Billion)

Economic output measured by valuing each country’s goods and services in dollars, using three year average exchange rates

1.

CHINA

25,266

USA

20,563

CHINA

1,393

2.

USA

20,738

CHINA

13,184

INDIA

1,353

3.

INDIA

10,392

JAPAN

5,231

USA

327

4.

JAPAN

5,693

GERMANY

3,935

INDONESIA

268

5.

GERMANY

4,627

FRANCE

2,751

PAKISTAN

212

6.

RUSSIA

3,887

UNITED KINGDOM

2,748

BRAZIL

210

7.

INDONESIA

3,386

INDIA

2,734

NIGERIA

196

8.

BRAZIL

3,315

ITALY

2,028

BANGLADESH

161

9.

FRANCE

3,142

BRAZIL

1,915

RUSSIA

145

10.

UNITED KINGDOM

3,036

CANADA

1,662

JAPAN

127

11.

ITALY

2,568

KOREA

1,580

MEXICO

126

12.

MEXICO

2,454

RUSSIA

1,502

ETHIOPIA

109

13.

TURKEY

2,336

SPAIN

1,376

PHILIPPINES

107

14.

KOREA

2,089

AUSTRALIA

1,329

EGYPT

98

15.

SPAIN

1,908

MEXICO

1,158

VIETNAM

 96

 16.

SAUDI ARABIA     1,875

 INDONESIA

1,027 CONGO, DEM. REP.

 84

Source: World Development Indicators database, World Bank, 2019, for 2018.

 

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