Example collocations logo

Trillion in sentence

2031 examples of Trillion in a sentence

Today, developing and emerging countries invest about $1 trillion a year in infrastructure.
They need an additional $1 trillion a year to close the gap, a necessary step to ending extreme poverty by 2030.
An initiative of African finance ministers, chaired by former South African president Thabo Mbeki, is investigating the issue on the continent, where up to $1.4 trillion was lost to illicit outflows over the last three decades.
The United Nations trade arm, UNCTAD, estimates that, to reach the Sustainable Development Goals (SDGs), the world will have to close a $2.5 trillion gap – annually.
Instead, they boosted the budget deficit and contributed significantly to increasing the US national debt (by around $3 trillion through 2010), which weakened the government’s ability to respond to crises, either in terms of national security or financial instability.
Including all possible positive effects of the Republican proposals, the Tax Policy Center has concluded that federal government “revenue would fall by between $2.4 trillion and $2.5 trillion over the first ten years and by about $3.4 trillion over the second decade.”
Its GDP is projected to increase from $30 trillion to about $230 trillion by 2050.
That may seem like a lot of money, but not in comparison with the $25 trillion in income each year earned by rich countries, or the roughly $500 billion spent each year on their militaries.
In a "now you see it, now you don't" move only a magician should love, the $3 trillion, ten year (non social security) US budget surplus was - in a matter of months - converted into a gaping deficit of $2 trillion dollars.
The CBO is now projecting that the annual deficit will reach $1 trillion by 2020.
The annual deficit almost certainly surpassed $1 trillion last year.
The debt that has been accounted for is the $15.6 trillion held by the public in the form of US Treasury bonds.
For example, according to a 2016 report from the American Society of Civil Engineers (ASCE), upgrading the country’s crumbling infrastructure would cost $5.2 trillion.
And, according to a 2014 International Energy Agency (IEA) report and our own calculations based on the US share of global CO2 emissions, transitioning to a clean-energy system will cost an additional $6.6 trillion.
All told, that is $11.8 trillion in unaccounted-for non-inflation-adjusted liabilities.
However, already burdened with more than $3 trillion of municipal debt, state governments are overwhelmed by the scale of their deferred-maintenance liabilities and the only recently documented costs of climate change abatement.
However, because climate change and infrastructure security are national issues, rather than local, the federal government is ultimately responsible for that $11.8 trillion in infrastructure- and environment-related debts.
If infrastructure and climate debt that is not accounted for were to be included, the all-in deficit in 2017 would have been over $1 trillion.
Meanwhile, a congressional rule that was intended to ensure fiscal responsibility by prohibiting deficit increases above $1.5 trillion within a ten-year window has become an accounting trick to escape responsibility for the 11th year and beyond.
With a GDP of more than €15.5 trillion, it is larger than that of the United States.
My research team estimates that if we cut the labor-force participation gap by just half – from 32 percentage points to 16% – GDP in the affected countries would increase by 15% in the first year alone, adding $4 trillion to global GDP.
There are, for example, only 20,000 members of the American Economic Association (of which I am President-Elect); if they have created, say, $2 trillion of income and wealth, that is about $100 million per economist.
None of them is worth even a trillion dollars, but, taken together, Litan’s conclusion is plausible indeed.
At the Chinese Communist Party’s congress in November, China’s leaders declared their intention to double per capita income by 2020, unleashing 64 trillion renminbi ($10.2 trillion) of purchasing power.
As a result, the total value of imports is expected to exceed $10 trillion in only two years, providing lucrative investment opportunities and broader markets to foreign investors.
The economic benefits of a trade agreement between economies that, together, account for more than 50% of global output and maintain nearly $4 trillion in cross-border investment are evident.
In the US, student debt, now in excess of $1.2 trillion (more than all credit-card debt), is becoming a burden for graduates and the economy.
By 2025, according to our estimates, the economic impact will reach $3.9-$11.1 trillion per year, equivalent to roughly 11% of world GDP.
Welfare losses due to pollution amount to $4.6 trillion per year – 6.2% of global economic output.
In the United States, air-quality improvements have yielded $30 for every dollar invested, for an aggregate return of $1.5 trillion on a $65 billion investment since 1970.
BackNext