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Former British colonies 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 Qatar $74,562.51 per capita 2010
2 Singapore $46,073.24 per capita 2010
3 United States $45,958.70 per capita 2007
4 Australia $44,474.51 per capita 2007
5 Canada $42,886.91 per capita 2007
6 Kuwait $42,857.14 per capita 2010
7 New Zealand $31,124.18 per capita 2007
8 Brunei $29,974.94 per capita 2010
9 United Arab Emirates $29,005.08 per capita 2010
10 Israel $25,191.86 per capita 2007
11 The Bahamas $21,547.17 per capita 2007
12 Bahrain $17,218.70 per capita 2010
13 Trinidad and Tobago $16,088.47 per capita 2010
14 Barbados $14,516.48 per capita 2010
15 Antigua and Barbuda $12,348.32 per capita 2010
16 Saint Kitts and Nevis $10,807.69 per capita 2010
17 Malaysia $7,944.62 per capita 2010
18 Botswana $6,944.07 per capita 2010
19 Grenada $6,201.92 per capita 2010
20 Saint Lucia $6,005.07 per capita 2010
21 Dominica $5,514.71 per capita 2010
22 Jamaica $5,077.93 per capita 2010
23 Namibia $5,015.33 per capita 2010
24 Maldives $4,516.52 per capita 2010
25 Jordan $4,385.00 per capita 2010
26 Belize $4,327.67 per capita 2007
27 Fiji $3,663.18 per capita 2010
28 Guyana $2,799.10 per capita 2010
29 Swaziland $2,668.63 per capita 2010
30 Sri Lanka $2,333.93 per capita 2010
31 Bhutan $2,007.70 per capita 2010
32 Egypt $1,592.08 per capita 2007
33 Sudan $1,513.82 per capita 2010
34 Nigeria $1,304.73 per capita 2010
35 Zambia $1,202.62 per capita 2010
36 Yemen $974.34 per capita 2007
37 India $972.68 per capita 2007
38 Pakistan $872.88 per capita 2007
39 Lesotho $828.65 per capita 2010
40 Kenya $793.74 per capita 2007
41 Ghana $745.25 per capita 2010
42 The Gambia $601.85 per capita 2010
43 Uganda $538.37 per capita 2010
44 Tanzania $519.36 per capita 2010
45 Bangladesh $481.36 per capita 2007
46 Zimbabwe $443.40 per capita 2010
47 Malawi $337.90 per capita 2010
48 Sierra Leone $323.96 per capita 2010
49 Burma $285.60 per capita 2007
50 Somalia $254.21 per capita 2010

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/Former-British-colonies/Economy/GDP/Official-exchange-rate/Per-capita

Former British colonies Compared by Economy > GDP > Official exchange rate > Per capita

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