Religious countries Compared by Economy > GDP > Official exchange rate per capita
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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. Figures expressed per capita for the same year.
CONTENTS
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# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Saudi Arabia | $15,936.38 | 2010 | ||
2 | Poland | $12,308.92 | 2010 | ||
3 | Brazil | $10,368.31 | 2010 | ||
4 | Malaysia | $7,745.13 | 2010 | ||
5 | Romania | $7,388.75 | 2010 | ||
6 | Colombia | $6,095.41 | 2010 | ||
7 | Peru | $5,245.56 | 2010 | ||
8 | Tunisia | $4,157.70 | 2010 | ||
9 | Fiji | $3,665.06 | 2010 | ||
10 | Armenia | $2,979.59 | 2010 | ||
11 | Iraq | $2,717.49 | 2010 | ||
12 | Georgia | $2,522.01 | 2010 | ||
13 | Moldova | $1,503.90 | 2010 | ||
14 | Uzbekistan | $1,320.62 | 2010 | ||
15 | Nigeria | $1,294.24 | 2010 | ||
16 | India | $1,186.11 | 2010 | ||
17 | Cameroon | $1,060.88 | 2010 | ||
18 | Pakistan | $1,009.53 | 2010 | ||
19 | Kenya | $792.49 | 2010 | ||
20 | Ghana | $744.35 | 2010 | ||
21 | Afghanistan | $585.61 | 2010 |