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. Per capita figures expressed per 1 population.
CONTENTS
# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Saudi Arabia | $16,007.68 per capita | 2010 | ||
2 | Poland | $12,307.90 per capita | 2010 | ||
3 | Brazil | $10,611.71 per capita | 2010 | ||
4 | Malaysia | $7,944.62 per capita | 2010 | ||
5 | Romania | $7,451.95 per capita | 2007 | ||
6 | Peru | $5,210.11 per capita | 2010 | ||
7 | Tunisia | $4,157.70 per capita | 2010 | ||
8 | Colombia | $3,866.64 per capita | 2007 | ||
9 | Fiji | $3,663.18 per capita | 2010 | ||
10 | Armenia | $2,683.36 per capita | 2007 | ||
11 | Iraq | $2,656.61 per capita | 2010 | ||
12 | Georgia | $2,531.33 per capita | 2010 | ||
13 | Moldova | $1,503.17 per capita | 2010 | ||
14 | Uzbekistan | $1,374.38 per capita | 2010 | ||
15 | Nigeria | $1,304.73 per capita | 2010 | ||
16 | Cameroon | $1,127.48 per capita | 2010 | ||
17 | India | $972.68 per capita | 2007 | ||
18 | Pakistan | $872.88 per capita | 2007 | ||
19 | Kenya | $793.74 per capita | 2007 | ||
20 | Ghana | $745.25 per capita | 2010 | ||
21 | Afghanistan | $529.42 per capita | 2010 |