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Trillion in sentence

2031 examples of Trillion in a sentence

Those behind the problem – the world’s biggest polluters – continue to reap billions in profits, while receiving huge energy subsidies from governments (projected to reach $5.3 trillion in 2015, or about $10 million per minute).
The world spends nearly $7 trillion a year on energy and its infrastructure; yet our current research and development efforts are not up to meeting the challenge of climate change.
At the same time, un- or under-regulated “shadow banking” has grown into a $160 trillion business.
By early 2018, the volume of global debt had risen to nearly $250 trillion – three times higher than annual global output – from $142 trillion a decade earlier.
The world’s energy infrastructure – finely tooled for the use of fossil fuels – is worth $55 trillion.
The paper value of the fossil-fuel reserves – most of them owned by the supermajors – is some $28 trillion.
The fossil-fuel industry’s influence is evident in the fact that governments worldwide are expected to spend some $5.3 trillion this year subsidizing it, including the massive outlays necessary to counteract its adverse health and environmental effects.
The authors arrive at a figure of £4.5 trillion ($5.9 trillion), or two years of GDP at 2018 levels, for the period from 1995 to 2015.
The continent is already the world's largest economic bloc, with a GDP of more than €14 trillion ($15.2
trillion) in 2014.
With a trade surplus of $190 billion and the income from its nearly $3 trillion portfolio of foreign assets, China’s external surplus stands at $316 billion, or 6.1% of annual GDP.
Better management of China’s considerable public assets – which include $3.5-4 trillion of foreign-exchange reserves, substantial land holdings, and majority ownership of the state-owned enterprises that dominate the economy – would complement these efforts.
Instead, by continuing to run a current-account surplus, China has established an irrational international investment position: despite having accumulated some $2 trillion in net foreign assets, it has been running an investment-income deficit for more than a decade.
Global trade in goods rose from 13.8% of world GDP in 1985 ($2 trillion) to 26.6% of GDP ($16 trillion) in 2007.
New research from the McKinsey Global Institute (MGI) finds that cross-border flows of goods, services, finance, people, and data during this period increased world GDP by roughly 10% – roughly an additional $7.8 trillion in 2014 alone.
Data flows accounted for an estimated $2.8 trillion of this gain, exerting a larger impact than global goods trade – a remarkable finding, given that the world’s trade networks developed over centuries while cross-border data flows were nascent just 15 years ago.
The result is a massive budget deficit, which will expand to gargantuan proportions in the coming year (perhaps $1 trillion) under the added weight of recession, bank bailouts, and short-term fiscal stimulus measures.
As the Review concluded, failure to create effective new drugs could result in ten million people dying from AMR-related diseases every year by 2050, at a cost of some $100 trillion.
By 2015, according to this logic, politicians will have done nothing to raise taxes and very little to cut expenditure, so the US will still have a budget deficit of around $1 trillion, and will finance a substantial portion of it by selling government bonds to foreigners.
One quintillion is one million trillion.
Doubling GDP over the next 15 years will necessitate about $4 trillion in investment, two-and-a-half times the amount of money that flowed into the kingdom’s economy during the 2003-2013 oil boom.
Persuading the US Congress to agree on corporate and personal income-tax reform, a $1 trillion infrastructure initiative, and a replacement for Obama’s signature health-care reform won’t be easy, to say the least.
With banks now bigger than ever – America’s four largest each held more than $1 trillion in assets in 2011 – breaking them down to the point that no segment is systemically important would be a long and complex process, to say the least.
With big data, machine learning, and the “Internet of Things,” some experts anticipate that the number of Internet connections may grow to nearly a trillion by 2035.
The benefits from ecosystem services in Latin America amount to $11 trillion, according to one prominent economist’s methodology.
Even if we use what looks like a fairly conservative price of $20, that means Latin America’s trees are worth a whopping $2 trillion.
If we count the 70 billion tons of carbon in the dead wood, litter, and soils on the forest floor, the additional value is $1.4 trillion.
He estimates that 8% of the world’s financial wealth – some $7.6 trillion – is hidden in places like Switzerland, Bermuda, the Cayman Islands, Singapore, and Luxembourg.
Switzerland’s central bank reports that foreigners hold $2.4 trillion in Swiss banks alone.
The US would return to the arrangements that brought the world’s financial system to the brink of complete collapse in 2008 – and caused the country to lose at least one year’s GDP (more than $20 trillion).
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