|
Field Listing :: GDP (official exchange rate) |
|
This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at official exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-à-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artificially fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed. |
|
Country |
GDP (official exchange rate) |
|
Angola
|
$118.7 billion (2012 est.)
|
|
Aruba
|
$2.516 billion (2009 est.)
|
|
Belize
|
$1.554 billion (2012 est.)
|
|
Benin
|
$7.429 billion (2012 est.)
|
|
Bhutan
|
$2.196 billion (2012 est.)
|
|
Brazil
|
$2.396 trillion (2012 est.)
|
|
Brunei
|
$16.63 billion (2012 est.)
|
|
Burma
|
$53.14 billion (2012 est.)
|
|
Canada
|
$1.819 trillion (2012 est.)
|
|
Chad
|
$10.81 billion (2012 est.)
|
|
Chile
|
$268.2 billion (2012 est.)
|
|
China
|
$8.227 trillion
note: because China's exchange rate is determine by fiat, rather than by market forces, the official exchange rate measure of GDP is not an accurate measure of China's output; GDP at the official exchange rate substantially understates the actual level of China's output vis-a-vis the rest of the world; in China's situation, GDP at purchasing power parity provides the best measure for comparing output across countries (2012 est.)
|
|
Cuba
|
$72.3 billion (2012 est.)
|
|
Cyprus
|
$23.01 billion (2012 est.)
|
|
Egypt
|
$256.7 billion (2012 est.)
|
|
Fiji
|
$3.996 billion (2012 est.)
|
|
France
|
$2.609 trillion (2012 est.)
|
|
Gabon
|
$18.38 billion (2012 est.)
|
|
Germany
|
$3.401 trillion (2012 est.)
|
|
Ghana
|
$38.94 billion (2012 est.)
|
|
Greece
|
$249.2 billion (2012 est.)
|
|
Guam
|
$4.6 billion (2010 est.)
|
|
Guinea
|
$5.632 billion (2012 est.)
|
|
Guyana
|
$2.788 billion (2012 est.)
|
|
Haiti
|
$7.902 billion (2012 est.)
|
|
India
|
$1.825 trillion (2012 est.)
|
|
Iran
|
$548.9 billion (2012 est.)
|
|
Iraq
|
$212.5 billion (2012 est.)
|
|
Israel
|
$240.9 billion (2012 est.)
|
|
Italy
|
$2.014 trillion (2012 est.)
|
|
Japan
|
$5.964 trillion (2012 est.)
|
|
Jersey
|
$5.1 billion (2005 est.)
|
|
Jordan
|
$31.21 billion (2012 est.)
|
|
Kenya
|
$41.12 billion (2012 est.)
|
|
Kosovo
|
$6.247 billion (2012 est.)
|
|
Kuwait
|
$173.4 billion (2012 est.)
|
|
Laos
|
$9.217 billion (2012 est.)
|
|
Latvia
|
$28.38 billion (2012 est.)
|
|
Libya
|
$81.92 billion (2012 est.)
|
|
Macau
|
$44.3 billion (2012 est.)
|
|
Malawi
|
$4.212 billion (2012 est.)
|
|
Mali
|
$10.32 billion (2012 est.)
|
|
Malta
|
$8.689 billion (2012 est.)
|
|
Mexico
|
$1.177 trillion (2012 est.)
|
|
Monaco
|
$5.748 billion (2011 est.)
|
|
Nepal
|
$19.42 billion (2012 est.)
|
|
Niger
|
$6.575 billion (2012 est.)
|
|
Niue
|
$10.01 million (2003)
|
|
Norway
|
$501.1 billion (2012 est.)
|
|
Oman
|
$76.46 billion (2012 est.)
|
|
Palau
|
$221 million (2011 est.)
|
|
Panama
|
$36.25 billion (2012 est.)
|
|
Peru
|
$199 billion (2012 est.)
|
|
Poland
|
$487.7 billion (2012 est.)
|
|
Qatar
|
$183.4 billion (2012 est.)
|
|
Russia
|
$2.022 trillion (2012 est.)
|
|
Rwanda
|
$7.223 billion (2012 est.)
|
|
Samoa
|
$683 million (2012 est.)
|
|
Serbia
|
$37.4 billion (2012 est.)
|
|
Spain
|
$1.352 trillion (2012 est.)
|
|
Sudan
|
$59.94 billion (2012 est.)
|
|
Sweden
|
$526.2 billion (2012 est.)
|
|
Syria
|
$64.7 billion (2011 est.)
|
|
Taiwan
|
$474 billion (2012 est.)
|
|
Timor-Leste
|
$4.173 billion
note: non-oil GDP (2012 est.)
|
|
Togo
|
$3.685 billion (2012 est.)
|
|
Tonga
|
$476 million (2012 est.)
|
|
Turkey
|
$794.5 billion (2012 est.)
|
|
Tuvalu
|
$37 million (2012 est.)
|
|
Uganda
|
$21 billion (2012 est.)
|
|
West Bank
|
$6.641 billion
note: includes Gaza Strip (2008 est.)
|
|
World
|
GWP (gross world product): $71.83 trillion (2012 est.)
|
|
Yemen
|
$35.64 billion (2012 est.)
|
|
Zambia
|
$20.52 billion (2012 est.)
|
|
Zimbabwe
|
$9.802 billion
note: in 2009, the Zimbabwean dollar was taken out of circulation, making Zimbabwe's GDP at the official exchange rate a highly inaccurate statistic (2012 est.)
|
|