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Cold countries Compared by Economy > GDP > Official exchange rate > Per capita

DEFINITION: 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 offical 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-a-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 artifically 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. Per capita figures expressed per 1 population.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Liechtenstein $147,254.91 per capita 2008
2 Luxembourg $104,421.43 per capita 2010
3 Norway $84,595.13 per capita 2007
4 Switzerland $66,408.19 per capita 2010
5 Iceland $66,240.30 per capita 2007
6 Ireland $62,933.70 per capita 2007
7 Denmark $57,039.71 per capita 2007
8 Sweden $50,414.75 per capita 2007
9 Finland $46,769.47 per capita 2007
10 United States $45,958.70 per capita 2007
11 United Kingdom $45,626.38 per capita 2007
12 Austria $45,598.77 per capita 2007
13 Belgium $43,648.01 per capita 2007
14 Canada $42,886.91 per capita 2007
15 Germany $40,315.05 per capita 2007
16 Greenland $35,265.10 per capita 2008
17 Slovenia $22,933.99 per capita 2007
18 Czech Republic $17,137.98 per capita 2007
19 Slovakia $16,264.13 per capita 2010
20 Estonia $16,171.29 per capita 2007
21 Hungary $13,901.01 per capita 2007
22 Poland $12,307.90 per capita 2010
23 Latvia $12,098.36 per capita 2007
24 Lithuania $10,725.96 per capita 2007
25 Chile $10,058.50 per capita 2007
26 Russia $9,124.49 per capita 2007
27 Romania $7,451.95 per capita 2007
28 Kazakhstan $6,791.00 per capita 2007
29 Belarus $4,603.73 per capita 2007
30 China $4,288.19 per capita 2010
31 Bosnia and Herzegovina $4,246.54 per capita 2010
32 Ukraine $3,034.57 per capita 2007
33 Armenia $2,683.36 per capita 2007
34 Georgia $2,531.33 per capita 2010
35 Bhutan $2,007.70 per capita 2010
36 Mongolia $1,322.93 per capita 2007
37 North Korea $1,114.08 per capita 2007
38 Kyrgyzstan $820.18 per capita 2010
39 Tajikistan $810.87 per capita 2010
40 Nepal $333.09 per capita 2007

Citation

"Countries Compared by Economy > GDP > Official exchange rate > Per capita. International Statistics at NationMaster.com", CIA World Factbooks 18 December 2003 to 28 March 2011. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/group-stats/Cold-countries/Economy/GDP/Official-exchange-rate/Per-capita

Cold countries Compared by Economy > GDP > Official exchange rate > Per capita

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