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Europe Compared by Economy > GDP > Purchasing power parity

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 purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Germany $3.17 trillion 2012
2 Russia $2.49 trillion 2012
3 United Kingdom $2.31 trillion 2012
4 France $2.24 trillion 2012
5 Italy $1.81 trillion 2012
6 Spain $1.39 trillion 2012
7 Turkey $1.11 trillion 2012
8 Poland $792.40 billion 2012
9 Netherlands $695.80 billion 2012
10 Belgium $415.60 billion 2012
11 Sweden $385.10 billion 2012
12 Switzerland $359.00 billion 2012
13 Ukraine $331.60 billion 2012
14 Czech Republic $283.60 billion 2012
15 Norway $274.10 billion 2012
16 Greece $273.90 billion 2012
17 Romania $271.40 billion 2012
18 Portugal $244.30 billion 2012
19 Denmark $208.30 billion 2012
20 Finland $194.10 billion 2012
21 Hungary $193.60 billion 2012
22 Ireland $186.70 billion 2012
23 Belarus $145.30 billion 2012
24 Slovakia $130.50 billion 2012
25 Bulgaria $102.70 billion 2012
26 Azerbaijan $95.73 billion 2012
27 Serbia $77.83 billion 2012
28 Croatia $77.56 billion 2012
29 Lithuania $64.31 billion 2012
30 Slovenia $57.22 billion 2012
31 Luxembourg $41.86 billion 2012
32 Latvia $36.87 billion 2012
33 Bosnia and Herzegovina $31.57 billion 2012
34 Estonia $29.09 billion 2012
35 Georgia $26.28 billion 2012
36 Albania $25.93 billion 2012
37 Cyprus $23.36 billion 2012
38 Republic of Macedonia $21.63 billion 2012
39 Armenia $19.44 billion 2012
40 Kosovo $13.56 billion 2012
41 Iceland $12.69 billion 2012
42 Moldova $12.03 billion 2012
43 Malta $11.19 billion 2012
44 Montenegro $7.22 billion 2012
45 Monaco $5.75 billion 2011
46 Liechtenstein $3.20 billion 2009
=47 Andorra $3.16 billion 2012
=47 Austria $3.16 billion 2012
49 San Marino $1.33 billion 2012

Citation

"Countries Compared by Economy > GDP > Purchasing power parity. 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/Europe/Economy/GDP/Purchasing-power-parity

Europe Compared by Economy > GDP > Purchasing power parity

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Interesting observations about Economy > GDP > Purchasing power parity

  • United States has had the highest GDP > purchasing power parity since 2008.
  • 2 of the top 3 countries by GDP > purchasing power parity are Cold countries'.
  • European Union has ranked in the top 2 for GDP > purchasing power parity since 2005.
  • China has ranked in the top 3 for GDP > purchasing power parity since 2005.
  • Japan has ranked in the top 4 for GDP > purchasing power parity since 2005.
  • India has ranked in the top 5 for GDP > purchasing power parity since 2005.
  • Germany has ranked in the top 6 for GDP > purchasing power parity since 2005.
  • United Kingdom has ranked in the top 8 for GDP > purchasing power parity since 2005.
  • Russia has ranked in the top 7 for GDP > purchasing power parity since 2008.
  • France has ranked in the top 10 for GDP > purchasing power parity since 2005.
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