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Economy > GDP > Official exchange rate, % of GDP: 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. Figures expressed as a proportion of GDP for the same year.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Turkmenistan 123.81% 2010
2 Equatorial Guinea 118.66% 2010
3 Greenland 116.69% 2008
Landlocked countries average (profile) 115.32% 2007
4 Mozambique 110.09% 2010
5 The Gambia 109.27% 2010
6 Singapore 107.69% 2010
7 Kiribati 107.34% 2010
8 Australia 107.18% 2010
9 Eritrea 106.47% 2010
10 Central African Republic 106.46% 2010
11 Marshall Islands 105.99% 2008
12 Lebanon 105.46% 2010
13 Uruguay 104.8% 2010
14 Afghanistan 104.35% 2010
15 Ethiopia 104.15% 2010
16 Jamaica 104.07% 2010
17 Angola 104.05% 2010
18 Macau 103.69% 2009
19 Niger 103.56% 2010
20 Namibia 103.47% 2010
21 Hungary 103.39% 2010
22 Greece 103.32% 2010
23 Liechtenstein 103.05% 2008
24 Vanuatu 102.88% 2010
25 Jordan 102.67% 2010
26 Comoros 102.51% 2010
27 Trinidad and Tobago 102.5% 2010
28 Belize 102.32% 2010
29 Panama 102.3% 2010
30 Iceland 102.27% 2010
31 El Salvador 101.78% 2010
32 Croatia 101.78% 2010
33 Sudan 101.76% 2010
34 United States 101.39% 2010
35 Slovakia 101.35% 2010
36 Rwanda 101.22% 2010
37 Finland 101.17% 2010
38 Ireland 101.16% 2010
39 Qatar 101.1% 2010
40 Cambodia 101.05% 2010
41 Morocco 101.02% 2010
42 Syria 100.82% 2010
43 Germany 100.66% 2010
44 Kenya 100.59% 2010
45 France 100.26% 2010
46 Ukraine 100.13% 2010
47 United Kingdom 100.12% 2010
48 Poland 100.06% 2010
49 Peru 99.97% 2010
Group of 7 countries (G7) average (profile) 99.92% 2010
50 Luxembourg 99.85% 2010
51 Estonia 99.76% 2010
52 Italy 99.76% 2010
53 Bangladesh 99.74% 2010
54 Turkey 99.72% 2010
55 Spain 99.63% 2010
56 Uganda 99.55% 2010
57 Denmark 99.53% 2010
58 Albania 99.51% 2010
NATO countries average (profile) 99.5% 2010
Eurozone average (profile) 99.46% 2010
59 Netherlands 99.44% 2010
60 Fiji 99.39% 2010
61 Solomon Islands 99.32% 2010
European Union average (profile) 99.18% 2010
62 Djibouti 99.18% 2007
63 Canada 99.17% 2010
64 Pakistan 99.05% 2010
65 Egypt 99.05% 2010
66 Hong Kong 99.04% 2010
67 Benin 99.02% 2010
High income OECD countries average (profile) 98.99% 2010
Non-religious countries average (profile) 98.89% 2010
68 Tajikistan 98.87% 2010
69 Tunisia 98.83% 2010
70 Slovenia 98.81% 2010
71 Guinea-Bissau 98.76% 2010
72 New Zealand 98.74% 2010
Europe average (profile) 98.64% 2010
73 Colombia 98.63% 2010
74 Guatemala 98.63% 2010
75 Azerbaijan 98.61% 2010
76 Dominican Republic 98.48% 2010
77 Senegal 98.48% 2010
78 Belgium 98.46% 2010
79 Portugal 98.35% 2010
80 Czech Republic 98.35% 2010
81 Cyprus 98.35% 2010
82 Algeria 98.28% 2010
83 European Union 98.25% 2010
84 Norway 98.16% 2010
85 Japan 98.1% 2010
Former Soviet republics average (profile) 98.03% 2010
86 Thailand 98.02% 2010
87 Indonesia 98% 2010
Eastern Europe average (profile) 98% 2010
88 Haiti 97.9% 2010
89 Tanzania 97.88% 2010
90 Kuwait 97.8% 2010
Former French colonies average (profile) 97.65% 2010
91 Cote d'Ivoire 97.64% 2010
92 Bolivia 97.61% 2010
93 South Africa 97.57% 2010
Cold countries average (profile) 97.54% 2010
94 Lithuania 97.5% 2010
95 Sri Lanka 97.33% 2010
96 Cameroon 97.29% 2010
97 Bosnia and Herzegovina 97.28% 2010
98 Guyana 97.24% 2010
99 Latvia 97.24% 2010
100 Austria 97.2% 2010
101 South Korea 97.18% 2010
102 Mexico 97.01% 2010
103 Mauritius 97% 2010
104 Zambia 96.91% 2010
105 Togo 96.88% 2010
106 Honduras 96.87% 2010
107 Aruba 96.87% 2005
108 Russia 96.86% 2010
109 Antigua and Barbuda 96.78% 2010
110 Uzbekistan 96.76% 2010
Heavily indebted countries average (profile) 96.7% 2010
111 Tuvalu 96.69% 2002
112 Brunei 96.69% 2010
113 China 96.56% 2010
114 Georgia 96.49% 2010
115 Barbados 96.44% 2010
116 Costa Rica 96.35% 2010
117 Mali 96.34% 2010
118 Puerto Rico 96.27% 2010
119 Samoa 96.13% 2010
120 Democratic Republic of the Congo 96.12% 2010
121 Romania 96.12% 2010
122 Sweden 96.05% 2010
123 Vietnam 95.84% 2010
124 Belarus 95.78% 2010
Emerging markets average (profile) 95.6% 2010
125 The Bahamas 95.56% 2010
126 Malta 95.56% 2010
127 Armenia 95.35% 2010
Catholic countries average (profile) 95.2% 2010
128 Argentina 95.19% 2010
Former Spanish colonies average (profile) 95.19% 2010
South and Central Asia average (profile) 94.97% 2010
South Asia average (profile) 94.97% 2010
129 Mauritania 94.95% 2010
Muslim countries average (profile) 94.91% 2010
Sub-Saharan Africa average (profile) 94.87% 2010
130 Cape Verde 94.81% 2010
131 Nepal 94.7% 2010
132 Switzerland 94.6% 2010
133 Philippines 94.54% 2010
134 Brazil 94.45% 2010
135 Seychelles 94.42% 2010
136 Madagascar 94.26% 2010
137 Burkina Faso 94.17% 2010
138 Yemen 94.16% 2010
139 Bulgaria 93.95% 2010
140 Mongolia 93.66% 2010
141 Malawi 93.26% 2010
failed states average (profile) 93.16% 2010
142 Sao Tome and Principe 93.02% 2010
143 Papua New Guinea 92.92% 2010
Former British colonies average (profile) 92.91% 2010
Latin America and Caribbean average (profile) 92.76% 2010
144 Kyrgyzstan 92.69% 2010
Middle Eastern and North Africa average (profile) 92.35% 2010
145 Moldova 92.18% 2010
Religious countries average (profile) 92.04% 2010
146 Guinea 91.72% 2010
147 Chile 91.67% 2010
148 Oman 91.44% 2010
Hot countries average (profile) 91.31% 2007
149 Federated States of Micronesia 91.11% 2008
150 Botswana 90.93% 2010
151 Nigeria 90.4% 2010
152 Chad 88.89% 2010
153 Malaysia 88.73% 2010
154 Kazakhstan 88.48% 2010
155 Laos 88.3% 2010
156 Bhutan 88.12% 2010
East Asia and Pacific average (profile) 87.31% 2005
OPEC countries average (profile) 87.2% 2010
157 Israel 86.89% 2010
158 Gabon 86.39% 2010
159 Swaziland 85.75% 2010
160 Paraguay 85.73% 2010
161 Saint Vincent and the Grenadines 85.61% 2010
162 Bahrain 84.51% 2010
163 Grenada 83.8% 2010
164 Ecuador 83.69% 2010
165 India 83.58% 2010
166 United Arab Emirates 83.4% 2010
167 Saint Lucia 83.37% 2010
168 Saudi Arabia 82.46% 2010
169 Lesotho 81.63% 2010
170 Tonga 81.62% 2010
171 Iran 79.96% 2010
172 Libya 79.47% 2007
173 Dominica 78.97% 2010
174 Saint Kitts and Nevis 78.55% 2010
175 Cuba 77.78% 2007
176 Palau 77.09% 2008
177 Liberia 75.58% 2010
178 Suriname 75.5% 2010
179 Zimbabwe 74.99% 2010
180 Nicaragua 74.25% 2010
181 Sierra Leone 73.81% 2010
182 Burundi 72.48% 2010
183 Venezuela 72.42% 2010
184 East Timor 70.39% 2010
185 Maldives 67.15% 2010
186 Iraq 62.1% 2010
187 Ghana 56.13% 2010

Citation

"Countries Compared by Economy > GDP > Official exchange rate, % of GDP. International Statistics at NationMaster.com", CIA World Factbooks 18 December 2003 to 28 March 2011. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/stats/Economy/GDP/Official-exchange-rate,-%-of-GDP

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