Monday, 12 September 2011
The Global 150 - Who's more powerful - Governments or Corporations?
Posted by Taufiq Rahim | 7:01 pm
In that vein, I constructed a table below to contrast the national revenues of the world's leading governments with that of the world's leading corporations into a new global 150 - the G150. The top ten are all countries. The top five corporations are: Walmart, ExxonMobil, Royal Dutch Shell, BP and Toyata Motors. Israel at #126 lands between Microsoft and Home Depot, while Apple at #133 is just above Ukraine.
What are the other results:
$27.7 trillion -- Total revenues of the G150.
$11.2 trillion -- Total revenues of the top 10 countries
$11.8 trillion -- Total revenues of all companies in G150
$153 billion -- Average revenue for government outside the top 10
$108 billion -- Average revenue for company on the list
73% -- Percentage of the list that are companies
27% -- Percentage of the list that are countries
38% -- Percentage of the companies on the list that are US-based
12% -- Percentage of the companies on the list that are Germany-based
What is interesting about this is that just like governments the companies have commitments that they must pay that will of course take hold of the revenues. Additionally, while some governments may have surpluses others may not; companies may or may not be profitable. A government such as India has over $1 trillion in GDP but very low national revenue (in India's case just $154 billion). There are many implications to that.
This is a subjective analysis that is meant to be indicative rather than authoritative. This analysis uses publicly available information gathered from Wikipedia, the CIA Factbook and the World Bank, mostly from 2009/2010 but with some national revenue figures coming from 2007 (specific information on the dates is available on request). Adjustment for subsequent years of inflation is not made.