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Economy > GDP > Official exchange rate: Countries Compared

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 United States $16.02 trillion 2012
2 European Union $15.95 trillion 2010
3 China $8.11 trillion 2013
4 Japan $5.88 trillion 2012
Group of 7 countries (G7) average (profile) $4.87 trillion 2012
5 Germany $3.38 trillion 2012
6 France $2.58 trillion 2012
7 United Kingdom $2.44 trillion 2012
8 Brazil $2.22 trillion 2012
9 Russia $2.00 trillion 2012
10 Italy $1.99 trillion 2012
11 India $1.82 trillion 2012
12 Canada $1.80 trillion 2012
Non-religious countries average (profile) $1.75 trillion 2012
13 Australia $1.52 trillion 2012
High income OECD countries average (profile) $1.41 trillion 2012
14 Spain $1.31 trillion 2012
15 Mexico $1.16 trillion 2012
16 South Korea $1.11 trillion 2012
Cold countries average (profile) $995.87 billion 2012
Heavily indebted countries average (profile) $919.50 billion 2012
17 Indonesia $866.70 billion 2012
Emerging markets average (profile) $854.68 billion 2012
18 Turkey $777.60 billion 2012
19 Netherlands $760.40 billion 2012
East Asia and Pacific average (profile) $704.74 billion 2012
20 Saudi Arabia $701.40 billion 2012
NATO countries average (profile) $672.30 billion 2012
Eurozone average (profile) $648.81 billion 2012
21 Switzerland $622.60 billion 2012
European Union average (profile) $573.71 billion 2012
22 Iran $541.20 billion 2012
23 Sweden $516.70 billion 2012
24 Norway $492.90 billion 2012
Former British colonies average (profile) $486.34 billion 2012
25 Poland $483.20 billion 2012
26 Belgium $477.40 billion 2012
27 Argentina $468.80 billion 2012
28 Taiwan $467.70 billion 2012
South Asia average (profile) $436.59 billion 2012
Europe average (profile) $434.11 billion 2012
29 Austria $417.90 billion 2012
Christian countries average (profile) $416.65 billion 2012
30 South Africa $379.10 billion 2012
31 United Arab Emirates $378.60 billion 2012
32 Venezuela $376.10 billion 2012
33 Colombia $364.00 billion 2012
34 Thailand $361.00 billion 2012
Catholic countries average (profile) $344.03 billion 2012
35 Denmark $310.60 billion 2012
Religious countries average (profile) $302.73 billion 2012
36 Malaysia $300.60 billion 2012
OPEC countries average (profile) $295.12 billion 2012
37 Singapore $272.80 billion 2012
38 Nigeria $266.60 billion 2012
39 Chile $264.50 billion 2012
40 Hong Kong $259.70 billion 2012
41 Israel $254.00 billion 2012
42 Egypt $253.30 billion 2012
43 Philippines $246.80 billion 2012
44 Greece $245.80 billion 2012
45 Finland $244.30 billion 2012
46 Pakistan $222.50 billion 2012
=47 Portugal $209.60 billion 2012
=47 Iraq $209.60 billion 2012
49 Ireland $208.00 billion 2012
50 Algeria $206.50 billion 2012
51 Kazakhstan $199.90 billion 2012
South and Central Asia average (profile) $197.02 billion 2012
Middle Eastern and North Africa average (profile) $196.90 billion 2012
52 Peru $196.20 billion 2012
53 Czech Republic $193.00 billion 2012
54 Qatar $189.80 billion 2012
55 Kuwait $182.00 billion 2012
Former Soviet republics average (profile) $181.95 billion 2012
Eastern Europe average (profile) $181.28 billion 2012
Former Spanish colonies average (profile) $179.60 billion 2012
56 Ukraine $173.90 billion 2012
Latin America and Caribbean average (profile) $170.45 billion 2012
57 New Zealand $167.50 billion 2012
58 Romania $167.10 billion 2012
59 Vietnam $153.50 billion 2012
Muslim countries average (profile) $137.84 billion 2012
Hot countries average (profile) $135.90 billion 2012
60 Hungary $124.00 billion 2012
61 Bangladesh $121.30 billion 2012
62 Angola $113.70 billion 2012
Potential Future EU Members average (profile) $109.82 billion 2012
63 Morocco $94.83 billion 2012
64 Puerto Rico $93.52 billion 2010
65 Slovakia $90.67 billion 2012
66 Ecuador $82.90 billion 2012
67 Libya $80.81 billion 2012
68 Oman $77.23 billion 2012
69 Cuba $72.30 billion 2012
70 Azerbaijan $67.87 billion 2012
71 Syria $64.70 billion 2011
72 Belarus $62.40 billion 2012
failed states average (profile) $60.31 billion 2012
73 Sudan $59.68 billion 2012
74 Sri Lanka $58.60 billion 2012
75 Dominican Republic $58.20 billion 2012
76 Luxembourg $56.37 billion 2012
77 Croatia $55.71 billion 2012
78 Burma $54.53 billion 2012
79 Uzbekistan $50.42 billion 2012
80 Bulgaria $50.33 billion 2012
81 Guatemala $49.55 billion 2012
82 Uruguay $49.24 billion 2012
83 Slovenia $44.81 billion 2012
Landlocked countries average (profile) $44.80 billion 2012
84 Tunisia $44.79 billion 2012
85 Costa Rica $44.50 billion 2012
86 Macau $44.30 billion 2012
87 Ethiopia $41.94 billion 2012
88 Lithuania $41.57 billion 2012
89 Lebanon $40.78 billion 2012
90 Kenya $40.15 billion 2012
91 Ghana $39.89 billion 2012
92 Serbia and Montenegro $38.92 billion 2010
93 Serbia $38.02 billion 2012
94 Panama $35.76 billion 2012
95 Yemen $34.90 billion 2012
96 Turkmenistan $34.69 billion 2012
Former French colonies average (profile) $30.88 billion 2012
97 Jordan $30.79 billion 2012
=98 Latvia $28.00 billion 2012
=98 North Korea $28.00 billion 2009
100 Tanzania $27.86 billion 2012
Sub-Saharan Africa average (profile) $27.82 billion 2012
101 Bolivia $26.86 billion 2012
102 Bahrain $26.75 billion 2012
103 Paraguay $25.72 billion 2012
104 Trinidad and Tobago $25.40 billion 2012
105 Cameroon $25.01 billion 2012
106 Cote d'Ivoire $24.37 billion 2012
107 El Salvador $23.54 billion 2012
108 Cyprus $22.69 billion 2012
109 Estonia $22.10 billion 2012
110 Uganda $20.96 billion 2012
111 Zambia $20.31 billion 2012
112 Afghanistan $20.02 billion 2012
113 Nepal $18.70 billion 2012
114 Honduras $18.25 billion 2012
115 Gabon $18.15 billion 2012
116 Equatorial Guinea $17.45 billion 2012
117 Bosnia and Herzegovina $17.09 billion 2012
118 Democratic Republic of the Congo $17.01 billion 2012
119 Brunei $16.72 billion 2012
120 Georgia $15.62 billion 2012
121 Papua New Guinea $14.93 billion 2012
122 Jamaica $14.64 billion 2012
123 Botswana $14.23 billion 2012
124 Mozambique $14.05 billion 2012
125 Cambodia $13.93 billion 2012
126 Senegal $13.89 billion 2012
127 Congo, Republic of the $13.51 billion 2012
128 Iceland $13.47 billion 2012
129 Namibia $12.90 billion 2012
130 Chad $12.73 billion 2012
131 Albania $12.38 billion 2012
132 Mauritius $11.31 billion 2012
133 Burkina Faso $10.89 billion 2012
134 Nicaragua $10.36 billion 2012
135 Mali $10.18 billion 2012
136 Mongolia $10.12 billion 2012
137 South Sudan $10.08 billion 2012
138 Madagascar $9.98 billion 2012
139 Armenia $9.78 billion 2012
140 Zimbabwe $9.67 billion 2013
141 Republic of Macedonia $9.50 billion 2012
142 New Caledonia $9.28 billion 2008
143 Laos $9.05 billion 2012
144 Malta $8.63 billion 2012
145 The Bahamas $8.04 billion 2012
146 Haiti $7.79 billion 2012
147 Tajikistan $7.49 billion 2012
148 Benin $7.46 billion 2012
149 Moldova $7.15 billion 2012
150 Rwanda $7.01 billion 2012
151 West Bank $6.64 billion 2013
152 Niger $6.49 billion 2012
153 Kyrgyzstan $6.38 billion 2012
154 Kosovo $6.36 billion 2012
155 East Timor $6.21 billion 2013
156 Monaco $5.75 billion 2011
157 French Polynesia $5.65 billion 2006
158 Bermuda $5.60 billion 2011
159 Guinea $5.56 billion 2012
160 Gaza Strip $5.33 billion 2006
161 Liechtenstein $5.11 billion 2010
162 Jersey $5.10 billion 2005
163 Andorra $4.80 billion 2012
164 Suriname $4.69 billion 2012
165 Guam $4.60 billion 2010
166 Barbados $4.17 billion 2012
167 Montenegro $4.16 billion 2012
168 Malawi $4.12 billion 2012
169 Isle of Man $4.08 billion 2007
170 Fiji $3.97 billion 2012
171 Mauritania $3.89 billion 2012
172 Togo $3.77 billion 2012
173 Sierra Leone $3.74 billion 2012
174 Swaziland $3.70 billion 2012
175 Eritrea $3.05 billion 2012
176 Guyana $2.79 billion 2012
177 Guernsey $2.74 billion 2005
178 Aruba $2.52 billion 2009
179 Burundi $2.44 billion 2012
180 Lesotho $2.43 billion 2012
181 Somalia $2.37 billion 2010
182 Faroe Islands $2.32 billion 2010
183 Cayman Islands $2.25 billion 2008
184 Greenland $2.16 billion 2011
185 Central African Republic $2.14 billion 2012
186 Bhutan $2.14 billion 2012
187 Maldives $2.08 billion 2012
188 San Marino $1.83 billion 2012
189 Cape Verde $1.80 billion 2012
190 Liberia $1.71 billion 2012
191 Belize $1.56 billion 2012
192 Djibouti $1.34 billion 2012
193 Saint Lucia $1.30 billion 2012
194 Antigua and Barbuda $1.16 billion 2012
195 Gibraltar $1.11 billion 2006
196 British Virgin Islands $1.09 billion 2008
197 Seychelles $1.02 billion 2012
198 Solomon Islands $983.50 million 2012
199 The Gambia $895.70 million 2012
200 Guinea-Bissau $811.90 million 2012
201 Grenada $779.30 million 2012
202 Vanuatu $776.40 million 2012
203 Northern Mariana Islands $733.00 million 2010
204 Saint Kitts and Nevis $724.10 million 2012
205 Saint Vincent and the Grenadines $703.40 million 2012
206 Samoa $680.70 million 2012
207 Comoros $587.90 million 2012
208 Saint Martin $561.50 million 2005
209 Dominica $473.50 million 2012
210 Tonga $464.60 million 2012
211 American Samoa $462.20 million 2005
212 Federated States of Micronesia $321.60 million 2012
213 Sao Tome and Principe $259.40 million 2012
214 Palau $221.00 million 2011
215 Saint Pierre and Miquelon $215.30 million 2006
216 Cook Islands $183.20 million 2005
217 Marshall Islands $179.50 million 2012
218 Anguilla $175.40 million 2009
219 Kiribati $172.60 million 2012
220 Falkland Islands (Islas Malvinas) $164.50 million 2007
221 Tuvalu $39.46 million 2012
222 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/stats/Economy/GDP/Official-exchange-rate

Economy > GDP > Official exchange rate: Countries Compared Map

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Interesting observations about Economy > GDP > Official exchange rate

  • 5 of the top 7 countries by GDP > official exchange rate are Heavily indebted.
  • 2 of the top 3 countries by GDP > official exchange rate are Cold countries'.
  • 9 of the top 15 countries by GDP > official exchange rate are Christian.
  • 72 of the top 147 countries by GDP > official exchange rate are Hot countries.
  • United States has ranked in the top 2 for GDP > official exchange rate since 2005.
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