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Trillion in sentence

2031 examples of Trillion in a sentence

We are now talking about real money: nearly $1 trillion of US imports and an equivalent amount of US export sales and foreign investments.
In fact, HSBC estimates that global climate business will total $2.2 trillion (€1.6 trillion) in 2020, and that China’s low-carbon market will overtake that of the United States, but not Europe’s.
These changes might seem like bureaucratic minutiae, but the agreement’s impact – adding $1 trillion to global output and creating 21 million jobs worldwide – will be substantial.
This amounts to an alarming quest for control over a strategically crucial corridor through which $5.3 trillion in trade flows each year.
At a time when global science is more dynamic than ever; when the richest countries are experiencing a boom in wealth unrivaled in history (including around $8 trillion in stock market gains in the United States in the past four years!), the world yearns for more effective approaches to the struggle against poverty.
But the dysfunctional US Senate capped additional deficit spending at $600 billion over three years – only half of the $1.2 trillion that was the technocratic goal.
Moreover, the Fed became gun-shy and did not continue to increase its balance sheet beyond $2 trillion.
Ordinarily, a longer-term and bipartisan deal would be good news; but the deal was estimated to guarantee a staggering $1 trillion annual budget deficit.
At a recent conference I attended, the overwhelming sentiment was that market capitalization of cryptocurrencies is still set to explode over the next five years, rising to $5-10 trillion.
Over a trillion barrels of proven reserves exist, and more is likely to be found.
The accumulated loss of global output over the next 35 years will total $100 trillion – more than one and a half times annual world GDP today.
After seven years in which America has seen its national debt rise from $5.6 trillion to $9 trillion, this should be welcome news – but the timing couldn’t be worse.
Reducing emissions to a level that does not extinguish economic growth could avert $3 trillion worth of damage, whereas adaptation could prevent around $8 trillion worth of damage.
Since the global financial crisis erupted in 2008, the world’s debt has risen by $57 trillion, exceeding GDP growth.
Government debt has increased by $25 trillion, with the advanced economies accounting for $19 trillion – a direct result of severe recession, fiscal-stimulus programs, and bank bailouts.
In the ten years since the global financial crisis, the debt held by nonfinancial corporations has grown by $29 trillion – almost as much as government debt – according to new research by the McKinsey Global Institute.
Since 2007, the value of corporate bonds outstanding from nonfinancial companies has nearly tripled – to $11.7 trillion – and their share of global GDP has doubled.
Over the next five years, a record $1.5 trillion worth of nonfinancial corporate bonds will mature each year; as some companies struggle to repay, defaults will most likely rise.
Between 2007 and the end of 2017, the value of Chinese nonfinancial corporate bonds outstanding increased from just $69 billion to $2 trillion.
Since last October, Western countries’ rescue packages for banks have reached about $4.3 trillion.
Congress has pared $100 billion from the Bush administration's 10-year $726 billion tax cut plan, and the US's projected 10-year $2 trillion budget deficit will grow as the Iraq war's costs mount, with President Bush submitting a supplemental request for $80bn (0.8% of GDP) in extra military spending this year.
But high oil prices threaten the health of the entire $45 trillion world economy.
Indeed, about $6 trillion worth of government bonds around the world today have negative nominal yields.
The European Central Bank has just started a €1.1 trillion ($1.17 trillion) bond-purchase program to bypass the German veto on fiscal expansion.
The cumulative stock of FDI has reached close to $10 trillion, making it the most important mechanism for delivery of goods and services to foreign markets: sales by foreign affiliates total roughly $19 trillion, compared to world exports of $11 trillion.
Although car loans and student debt have been rising especially rapidly, housing debt remains more than two-thirds of the $12.7 trillion total.
More important, the government will try to raise another 1.5% of GDP – one trillion rubles ($13 billion) – by privatizing state-owned firms, including “crown jewels” such as Rosneft (Russia’s largest oil company), the diamond monopoly Alrosa, and the flagship airline Aeroflot.
Today, the US is staring at a present-value fiscal gap (present value of projected non-interest spending, minus taxes) of $202 trillion.
America’s colossal fiscal gap – readily calculated using projections by the Congressional Budget Office – is close to 1,400% of GDP and dwarfs US official debt, which totals $9 trillion (60% of GDP).
The pipeline for infrastructure projects in emerging markets is estimated to have surpassed $1 trillion – $150 billion of which is expected to be raised from private sources.
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