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Emerging markets 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 Estonia $16,171.29 per capita 2007
2 Hungary $13,901.01 per capita 2007
3 Poland $12,307.90 per capita 2010
4 Latvia $12,098.36 per capita 2007
5 Lithuania $10,725.96 per capita 2007
6 Brazil $10,611.71 per capita 2010
7 Chile $10,058.50 per capita 2007
8 Turkey $9,889.72 per capita 2010
9 Russia $9,124.49 per capita 2007
10 Venezuela $9,084.09 per capita 2007
11 Argentina $8,755.00 per capita 2010
12 Mexico $8,218.88 per capita 2007
13 Malaysia $7,944.62 per capita 2010
14 Romania $7,451.95 per capita 2007
15 South Africa $7,089.23 per capita 2010
16 Bulgaria $5,409.09 per capita 2007
17 Peru $5,210.11 per capita 2010
18 Thailand $4,662.82 per capita 2010
19 China $4,288.19 per capita 2010
20 Colombia $3,866.64 per capita 2007
21 Ukraine $3,034.57 per capita 2007
22 Indonesia $2,926.04 per capita 2010
23 Philippines $2,007.16 per capita 2010
24 India $972.68 per capita 2007
25 Pakistan $872.88 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/Emerging-markets/Economy/GDP/Official-exchange-rate/Per-capita

Emerging markets Compared by Economy > GDP > Official exchange rate > Per capita

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