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Hot countries Compared by Economy > GDP > Official exchange rate

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.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Brazil $2.22 trillion 2012
2 India $1.82 trillion 2012
3 Australia $1.52 trillion 2012
4 Mexico $1.16 trillion 2012
5 Indonesia $866.70 billion 2012
6 Saudi Arabia $701.40 billion 2012
7 Venezuela $376.10 billion 2012
8 Colombia $364.00 billion 2012
9 Thailand $361.00 billion 2012
10 Malaysia $300.60 billion 2012
11 Singapore $272.80 billion 2012
12 Nigeria $266.60 billion 2012
13 Hong Kong $259.70 billion 2012
14 Egypt $253.30 billion 2012
15 Philippines $246.80 billion 2012
16 Pakistan $222.50 billion 2012
17 Iraq $209.60 billion 2012
18 Algeria $206.50 billion 2012
19 Qatar $189.80 billion 2012
20 Kuwait $182.00 billion 2012
21 Vietnam $153.50 billion 2012
22 Bangladesh $121.30 billion 2012
23 Angola $113.70 billion 2012
24 Ecuador $82.90 billion 2012
25 Libya $80.81 billion 2012
26 Oman $77.23 billion 2012
27 Cuba $72.30 billion 2012
28 Sudan $59.68 billion 2012
29 Sri Lanka $58.60 billion 2012
30 Dominican Republic $58.20 billion 2012
31 Burma $54.53 billion 2012
32 Guatemala $49.55 billion 2012
33 Costa Rica $44.50 billion 2012
34 Macau $44.30 billion 2012
35 Ethiopia $41.94 billion 2012
36 Kenya $40.15 billion 2012
37 Ghana $39.89 billion 2012
38 Panama $35.76 billion 2012
39 Yemen $34.90 billion 2012
40 Tanzania $27.86 billion 2012
41 Bolivia $26.86 billion 2012
42 Bahrain $26.75 billion 2012
43 Paraguay $25.72 billion 2012
44 Trinidad and Tobago $25.40 billion 2012
45 Cameroon $25.01 billion 2012
46 Cote d'Ivoire $24.37 billion 2012
47 El Salvador $23.54 billion 2012
48 Uganda $20.96 billion 2012
49 Zambia $20.31 billion 2012
50 Honduras $18.25 billion 2012
51 Gabon $18.15 billion 2012
52 Equatorial Guinea $17.45 billion 2012
53 Democratic Republic of the Congo $17.01 billion 2012
54 Brunei $16.72 billion 2012
55 Papua New Guinea $14.93 billion 2012
56 Jamaica $14.64 billion 2012
57 Botswana $14.23 billion 2012
58 Mozambique $14.05 billion 2012
59 Cambodia $13.93 billion 2012
60 Senegal $13.89 billion 2012
61 Chad $12.73 billion 2012
62 Mauritius $11.31 billion 2012
63 Burkina Faso $10.89 billion 2012
64 Nicaragua $10.36 billion 2012
65 Mali $10.18 billion 2012
66 Madagascar $9.98 billion 2012
67 Zimbabwe $9.67 billion 2013
68 New Caledonia $9.28 billion 2008
69 Laos $9.05 billion 2012
70 The Bahamas $8.04 billion 2012
71 Haiti $7.79 billion 2012
72 Benin $7.46 billion 2012
73 Niger $6.49 billion 2012
74 Bermuda $5.60 billion 2011
75 Guinea $5.56 billion 2012
76 Suriname $4.69 billion 2012
77 Barbados $4.17 billion 2012
78 Malawi $4.12 billion 2012
79 Fiji $3.97 billion 2012
80 Mauritania $3.89 billion 2012
81 Togo $3.77 billion 2012
82 Sierra Leone $3.74 billion 2012
83 Swaziland $3.70 billion 2012
84 Eritrea $3.05 billion 2012
85 Guyana $2.79 billion 2012
86 Somalia $2.37 billion 2010
87 Maldives $2.08 billion 2012
88 Cape Verde $1.80 billion 2012
89 Liberia $1.71 billion 2012
90 Belize $1.56 billion 2012
91 Djibouti $1.34 billion 2012
92 Saint Lucia $1.30 billion 2012
93 Antigua and Barbuda $1.16 billion 2012
94 Seychelles $1.02 billion 2012
95 Solomon Islands $983.50 million 2012
96 Guinea-Bissau $811.90 million 2012
97 Grenada $779.30 million 2012
98 Saint Vincent and the Grenadines $703.40 million 2012
99 Samoa $680.70 million 2012
100 Comoros $587.90 million 2012
101 Dominica $473.50 million 2012
102 Tonga $464.60 million 2012
103 Cook Islands $183.20 million 2005
104 Marshall Islands $179.50 million 2012
105 Anguilla $175.40 million 2009
106 Kiribati $172.60 million 2012
107 Tuvalu $39.46 million 2012
108 Niue $10.01 million 2003

Citation

"Countries Compared by Economy > GDP > Official exchange rate. 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/Hot-countries/Economy/GDP/Official-exchange-rate

Hot countries Compared by Economy > GDP > Official exchange rate

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