How much is a Billion Pounds?

A billion means: 1,000 million = 1,000,000,000.

In 2017

  • In dollars, a billion Pounds is the equivalent of $1,350,000,000
  • In Euros, a billion pounds is currently: €1,120,000,000

Examples of billion

  • In August 2017, UK public sector net debt was £1,773 billion equivalent to 88% of UK GDP
  • In 2015/16 the UK government is forecast to spend a total of £753 billion
    • Total Unemployment benefits are £4.9 bn
    • Pension spending is £105 bn
    • Health care spending is £147bn
  • 1 billion seconds is about 32 years

Weight of one billion pounds in Pound coins

  • A pound coin weighs 9.5g or 0.0095kg
  • One billion Pound coins would weigh 9,500,000 kg or 9500 metric tonnes.
  • A car, such as Volkswagon golf weighs 1,376kg.
  • So one billion pounds in Pound coins would weigh the equivalent of 6,904 cars.

Old British billion

In the UK, a billion used to mean 1 million, million or 1,000,000,000,000. However, this is no longer used in modern finance. The UK government stopped using the old British billion in 1974.

Related concepts

Trillion

  •  A trillion is 1,000,000,000,000; one million million; 1012 (current use in British and American English)

Googol

  • A google. is 10,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000. or 10100

Biggest Note?

  • The biggest British Pound note is the £50.
  • A billion Pounds is 20 million £50 notes.

 

500000000000_dinars

This Yugoslav currency is 500 billion Dinars – 500,000,000,000. It was not worth much because of hyperinflation.

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