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States and TNCs Compared

The 25 largest non-financial corporations worldwide compared with the largest nation-states,
ranked on a basis of annual revenues.
Note that the state data is for national-level government revenues, not GNP.
Only 13 nation-states have large enough national budgets to rank them among these top 25 corporations. Financial institutions are not included, because of comparability problems. But if they could be included, the imbalance would be even more striking.

Sums in US$ billion
NameRevenuesYear
USA1.2581994
GERMANY6901994
JAPAN5951995
UK38994/95
ITALY3391994
FRANCE2211993
Mitsubishi1841995
Mitsui1821995
Itochu1691995
General Motors1691995
Sumitomo1681995
Marubeni1611995
Ford Motor1371995
Toyota Motor1111995
Exxon1101995
NETHERLANDS1101992
Royal Dutch/Shell Group1101995
SWEDEN10995/96
Nissho Iwai981995
SPAIN971994
AUSTRALIA9695/96
Wal-Mart Stores941995
CANADA9094/95
Hitachi841995
Nippon Life Insurance831995
Nippon Telegraph & Telephone821995
AT&T801995
Daimler-Benz721995
Intl. Business Machines721995
Matshushita Electric Industrial701995
General Electric701995
KOREA, SOUTH691995
Tomen681995
Mobil671995
Nissan Motor631995
Volkswagen611995
Siemens611995
BRAZIL591994
Some other countries:
KENYA2,41990
SENEGAL0,91996
UGANDA0,694/95
NICARAGUA0,41996

(Table compiled by Michèle Roth, GPF Associate)

Sources:
Data on Corporations: "Fortune's Global 500. The World's Largest Corporations", in: Fortune, August 5, 1996.
Data on State Revenues: The World Factbook by the CIA as posted on the web.


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