How do the world's biggest companies compare to the biggest economies? Oct 19, 2016, Joe Myers https://www.weforum.org/agenda/2016/10/corporations-not-countries-dominate-the-list-of-the-world-s-biggest-economic-entities/

ARE TRANSNATIONALS BIGGER THAN COUNTRIES? Geneva, Switzerland, 12 August 2002 Twenty-nine of the world’s 100 largest economic entities are transnational corporations (TNCs), according to a new UNCTAD list that ranks both countries and TNCs on the basis of value added. Of the 200 TNCs with the highest assets abroad in 2000, Exxon is the biggest in terms of value added ($63 billion). It ranks 45th on the new list, making it comparable in economic size to the economies of Chile or Pakistan (table 1). Nigeria comes in just between DaimlerChrysler and General Electric, while Philip Morris is on a par with Tunisia, Slovakia and Guatemala. The size of large TNCs – usually measured by sales – is sometimes compared to that of national economies as an indicator of corporate influence over the world economy. However, using sales to compare firms with the GDP of countries is conceptually flawed, as GDP is a value-added measure and sales are not. A truly comparable yardstick requires that sales be recalculated as value added. For firms, value added can be estimated as the sum of salaries and benefits, depreciation and amortization, and pre-tax income (1). The value-added activities of the 100 largest TNCs have grown faster than those of countries in recent years, accounting for 4.3% of world GDP in 2000, compared with 3.5% in 1990...

Revenues at Alphabet, Google's parent company, exceeded Puerto Rico's GDP Clothing, canned tuna, rum, beverage concentrates and electronics are among Puerto Rico's primary exports. •Puerto Rico's GDP value in 2016 was $105,035 million. •Alphabet revenues in 2017 totalled $110,900 million. •Going off its revenues, Google would be 59th in the world by GDP if it were a country. Amazon's revenue exceeded Kuwait's GDP Kuwait is a small, petroleum-based economy. •Kuwait's GDP in 2016 was $110,873 million. •Amazon revenues in 2017 came to $117,900 million. •Amazon would have the 58th highest GDP in the world if it were a country. Apple's revenues in 2017 were higher than Portugal's GDP Leading sectors in Portugal include financial services, telecommunications, and its tourism industry. •Portugal's GDP in 2016 was $205,269 million. •Apple's revenue in 2017 was $229,234 million. •Apple would be 47th in the world by GDP if it were a country. Volkswagen's revenues are greater than the GDP of Chile Chile is considered by many to be the most stable nation in South America, ahead of other nations such as Argentina, Brazil, and Colombia. •Chile's GDP in 2016 was $250,008 million. •Volkswagen's revenue in 2017 was $276,264 million. •Volkswagen would be the 43rd country in the world if its revenue represented its GDP. Walmart's revenues exceed Belgium's GDP Belgium is the sixth-largest economy in the euro zone behind Germany, France, Italy, Spain, and the Netherlands. •The value of Belgium's GDP in 2016 was $468,148 million. •Walmart's revenue in 2017 totalled $485,873 million. •If it were a country, Walmart would be ranked 24th in the world by its GDP.

25 giant companies that are bigger than entire countries - The annual revenues of giant corporations such as Apple, Microsoft, and Walmart are colossal. - The scale of their profits takes on a whole new meaning when compared with the GDPs of many of the world's countries. - Walmart out-earned Belgium in 2017. The annual revenues of companies such as Apple, Microsoft, and Walmart are so huge that they take on whole new dimensions. So much so that so that their profits dwarf the economy of many countries across the globe - for example, in 2017 Walmart earned more than the whole of Belgium. We examined the earnings of giant conglomerates and compared them with the GDP of countries around the world, as reported by the IMF. Take a look and see what countries are being out-earned by a company. Spotify's revenues in 2017 exceeded Mauritania's GDP Though Mauritania has ample iron ore deposits that account for nearly 50% of its exports, cutbacks in its production have arisen from a decline in world demand. •Mauritania's GDP in 2016 was $4,755 million. •Spotify's total revenue in 2017 came to $4,794 million. •Spotify would be 151st wealthy in the world if it were a country. Netflix had a greater revenue in 2017 than Malta's GDP Malta, a highly industrialised, service-based economy, is considered an advanced economy by the International Monetary Fund. •Malta's GDP value in 2016 was $11,278 million. •Netflix's revenues in 2017 were $11,693 million. •Going off Netflix's total revenue, it would be the 126th country in the world GDP. Tesla's takings surpassed Albania's GDP Albania is rich in natural resources, and its economy is boosted considerably by energy, mining, metallurgy, agriculture, and tourism. •Albania's GDP in 2016 was $11,865 million. •Tesla's revenues in 2017 totalled $12,000 million. •If Tesla were a country, it would be 125th wealthiest in the world. Visa made more in 2017 than Bosnia's GDP Bosnia's economy depends primarily on the export of metals, energy, textiles, and furniture. •Bosnia and Herzegovina's GDP in 2016 was $16,917 million. •Visa revenues in 2017 were $18,358 million. •Visa would have the 115th highest GDP in the world if it were a country. Revenues from El Corte Inglés were just ahead of Libya's GDP Libya depends heavily upon the petroleum sector, which accounts for over 95% of its revenues from exports. •Libya's GDP in 2016 was $18,539 million. •El Corte Inglés' revenues in 2017 came to $18,503 million. •El Corte Inglés would be 114th in the world by GDP if it were a country. Starbucks profits were higher than Trinidad and Tobago's GDP Trinidad and Tobago's economy is mostly industrial, with a focus on petroleum and petrochemicals. •Trinidad and Tobago's GDP in 2016 was $22,296 million. •Starbucks' revenues in 2017 totalled $22,386 million. •If it were a country, Starbucks would be ranked 104th in the world by GDP. McDonald's revenue was greater than New Guinea's GDP Most of New Guinea's workforce is engaged in the country's most dominant sectors: agriculture, forestry, and the fishing sector. •The GDP of Papua New Guinea in 2016 was $22,568 million. •The revenue of McDonald's in 2017 was $22,820 million. •McDonald's would be 103rd in the world by GDP if it were a country. Mercadona's income exceeded Nepal's GDP Though only 20% of Nepal is suitable for cultivation, agriculture is still Nepal's principal economic activity. •The value of Nepal's GDP in 2016 was $21,132 million. •Mercadona revenues in 2017 were $25,061 million. •Mercadona would be 102nd in the world by GDP if it were a country. BBVA's takings were higher than Estonia's GDP Oil shale energy, telecommunications, banking, fishing, timber, and shipbuilding are just a few among the dominant sectors in Estonia's economy. •Estonia's GDP value in 2016 was $23,348 million. •BBVA revenues in 2017 came to $30,229 million. •BBVA would be 99th in the world by GDP if it were a country.