Glossary entry

Spanish term or phrase:

2,946 billones de €

English translation:

EUR 2.946 billion / €2.946 billion

Added to glossary by Lisa McCarthy
Nov 28, 2008 09:51
15 yrs ago
5 viewers *
Spanish term

2,946 billones de €

Spanish to English Bus/Financial Economics
These figures always confuse me! How do express this?
EUR ........ billion?

las exportaciones a **2,946 billones de €** (1,63% sobre el total de las exportaciones españolas).

Discussion

Chris Ellison Nov 28, 2008:
I'll never earn that much anyway ;) Since the loss of pesetas, it seems no-one here knows whether it's 1,000,000,000,000 or three orders of magnitude less! Has the UK changed, really?? Is all of Europe in confusion now? Couldn't we just keep it the logical way? I mean isn't this really important to businesses??

I thought it was just the US - they wanted the most billionaires in the world. ;)
Wil Hardman (X) Nov 28, 2008:
:) oops, yes you're right Sergio of course it does! I got a bit carried away with my theory :)
Sergio Lahaye (X) Nov 28, 2008:
hundred x hundred = thousand actually it´s 10 thousand, but you make a good point.
Wil Hardman (X) Nov 28, 2008:
Let's call the whole thing off Yes the whole billion/trillion thing is always confusing, I have seen the US billion used a couple of times in Spanish recently. It seems it is gradually becoming more common in Spain as it did in the UK several years ago.
Nowadays I always change mil milliones in Spanish to billion in English, and in the case of billion in Spanish I check the figure (as Alvaro did) to see whether a trillion is a viable figure. IMO we should have an international convention; the logical way i.e. ten x ten= hundred, hundred x hundred = thousand, thousand x thousand = million... therefore million x million should equal 1 billion!

See this reference from 1999, when it seems long scale was still in use in the UK. It shows how to translate between long and short scale going right up to a vigintillion!
http://www.jimloy.com/math/billion.htm

Proposed translations

+2
2 mins
Selected

€2.946 billion

option
Peer comment(s):

agree moken : Hi Richard. I disagree with myself now and agree with you instead. This should normally be trillion, but the magnitude of 1.63% of Spain's exports would be beyond belief! :O) :O)
25 mins
thanks alvaro!
agree Alice Bootman
8 hrs
thanks
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4 KudoZ points awarded for this answer. Comment: "Thanks Richard! Nice to have reassurance."
27 mins

€3,000,000,000billion or €2.95billion

another option
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17 mins

€ 2.946 trillion

Hi Lisa,

If this is from Spain, we use the long scale, so our billion is a million million, i.e. a trillion:

The long and short scales are two different numerical systems used throughout the world:

Short scale is the English translation of the French term échelle courte.[1] It refers to a system of numeric names in which every new term greater than million is 1,000 times the previous term: "billion" means "a thousand millions" (109), "trillion" means "a thousand billions" (1012), and so on.
Long scale is the English translation of the French term échelle longue. It refers to a system of numeric names in which every new term greater than million is 1,000,000 times the previous term: "billion" means "a million millions" (1012), "trillion" means "a million billions" (1018), and so on.
http://en.wikipedia.org/wiki/Long_and_short_scales

Long scale countries
106 = one million, 109 = one milliard / thousand million, 1012 = one billion, 1015 = one billiard / thousand billion, 1018 = one trillion, etc.
The traditional long scale is used by most Continental European countries and by most other countries whose languages derive from Continental Europe (with the notable exceptions of Greece and Brazil). Many of these countries use a word similar to milliard to mean 109, and/or a word similar to billion to mean 1012. Some examples of long scale use, and the words used for 109 and 1012, are:

Andorra (Catalan: miliard or typ. mil milions, bilió)
Argentina (Spanish: mil millones, billón)
Austria (Austrian German: Milliarde, Billion)
Belgium (French: milliard, billion; Dutch: miljard, biljoen; German: Milliarde, Billion)
Bosnia and Herzegovina (Serbian: милијарда milijarda, Билион bilion; Croatian: milijarda, bilijun)
Canada (Quebec French-speaking: milliard, billion)
Chile (Spanish: mil millones, billón)
Colombia (Spanish: mil millones, billón)
Costa Rica (Spanish: mil millones, billón)
Croatia (milijarda, bilijun)
Czech Republic (miliarda, bilion)
Denmark (milliard, billion)
Dominican Republic (Spanish: mil millones, billón)
Ecuador (Spanish: mil millones, billón)
El Salvador (Spanish: mil millones, billón)
Finland (Finnish: miljardi, biljoona; Swedish: miljard, biljon)
France (French: milliard, billion; Catalan: miliard or typ. mil milions, bilió)
Germany (Milliarde, Billion)
Guatemala (Spanish: millardo, billón)
Hungary (milliárd, billió or ezer milliárd)
Iceland (milljarður, billjón)
Italy (miliardo, bilione [17])
Liechtenstein (Alemannic German: )
Luxembourg (Luxembourgish: milliard, billioun; French: milliard, billion; German: Milliarde, Billion)
Mexico (Spanish: mil millones or millardo, billón)
Monaco (French: milliard, billion)
Netherlands (miljard, biljoen)
Norway (milliard, billion)
Paraguay (Spanish: mil millones, billón)
Peru (Spanish: mil millones, billón)
Poland (miliard, bilion)
Portugal (mil milhões or milhar de milhões, bilião)
Romania (miliard, bilion)
Serbia (милијарда milijarda, Билион bilion)
Slovakia (miliarda, bilión)
Slovenia (milijarda, bilijon)
South Africa (Afrikaans: miljard, biljoen)
Spain (Spanish: millardo or typ. mil millones, billón; Catalan: miliard or typ. mil milions, bilió)
Sweden (miljard, biljon)
Switzerland (French: milliard, billion; German: Milliarde, Billion; Italian: miliardo, bilione)
Uruguay (Spanish: mil millones or millardo, billón)
Venezuela(Spanish: mil millones or millardo, billón)
(same ref)

Good luck!

Álvaro :O)



--------------------------------------------------
Note added at 18 mins (2008-11-28 10:10:02 GMT)
--------------------------------------------------

Most English-language countries use the short scale. For example:

Australia
Canada (English-speaking)
Hong Kong (English-speaking)
Ireland (English-speaking)
New Zealand
Philippines (English-speaking: Some short-scale words have been adopted into Filipino.)
South Africa (English-speaking)
Singapore (English-speaking)
United Kingdom
United States
(same ref)

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Note added at 27 mins (2008-11-28 10:18:17 GMT)
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Whooooaaaaa there!

I hadn't actually read the context involved.

This would be far too large a figure unless the time frame was huge:

China's imports and exports exceed US $2 trillion in first ten months.
http://english.peopledaily.com.cn/90001/90776/90882/6533176....

Obviously, unless we're referring to exports dating back to the 16th century or so, 1.63% of Spain's total exports could never exceed the import/export figures of China, could they???

I can only assume that the figure was either misused or that it was written in a country that uses the short scale.

Billion it should be I guess.

:O) :O)

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Note added at 1 hr (2008-11-28 10:57:46 GMT)
--------------------------------------------------

Hi Lisa. No it can't - but that's the way the numbers should work.
To be honest I rushed to get an answer in when I should've checked against the context first - sorry about that.

Anyway, perhaps my answer may be of some use after all. As the figure is clearly wrong according to Spanish usage, you could even point it out to the client in case they need/want to change the source document.

As a rule of thumb, I always presume the scales used are as above but always check against "real" figures when handling very large amounts I'm not familiar with.

It does of course mean that extra little bit of work, but it's the only way of making sure you're right.

Here's a link to Spain's overall trading figures quoted by the WTO.
http://stat.wto.org/CountryProfile/WSDBCountryPFView.aspx?La...

As all figures are quoted in millions, it's relatively easy to check against. You can use the statistics database to check any country's trade figures, or even select several countries or regions. In this case you'll see that if the figures were in UK/US trillions, it would exceed Spain's annual GDP.
:O)
Note from asker:
Hi Álvaro - thanks for info. I heard about this billion/trillion thing before but I still don´t get it, as in this case it can´t be trillions.
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