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Economy > Gross Domestic Product > GDP > Size of GDP > Gross domestic product, % of GDP: Countries Compared

DEFINITION: What does gross domestic product mean? "Gross" signifies that no deduction has been made for the depreciation of machinery, buildings and other capital products used in production. "Domestic" means that it is production by the resident institutional units of the country. As many products are used to produce other products it is necessary to define production in terms of value added.

GDP can be measured in three different ways: as output less intermediate consumption (i.e. value added) plus taxes less subsidies on products (such as VAT); as the income earned from production by summing employee compensation, the gross operating surplus of enterprises and government, the gross mixed income of unincorporated enterprises and net taxes on production and imports (VAT, payroll tax, import duties, etc, less subsidies); or as the expenditure on the goods and services produced by summing final consumption expenditures, gross fixed capital formation, changes in inventories and exports less imports. Figures expressed as a proportion of GDP for the same year.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 Mexico 1.67e-07% 2009
2 Turkey 1.56e-07% 2009
3 Hungary 1.49e-07% 2009
4 South Korea 1.44e-07% 2009
5 Poland 1.41e-07% 2009
6 Czech Republic 1.26e-07% 2009
7 Slovakia 1.24e-07% 2009
8 Portugal 1.03e-07% 2009
9 United Kingdom 9.93e-08% 2009
10 Greece 9.91e-08% 2009
11 United States 9.89e-08% 2009
12 New Zealand 9.86e-08% 2009
13 Spain 9.73e-08% 2009
14 Canada 9.49e-08% 2009
High income OECD countries average (profile) 9.24e-08% 2009
15 Iceland 9.18e-08% 2009
Group of 7 countries (G7) average (profile) 8.98e-08% 2009
16 Ireland 8.76e-08% 2009
17 Australia 8.6e-08% 2009
18 Germany 8.58e-08% 2009
19 Italy 8.54e-08% 2009
20 Japan 8.53e-08% 2009
21 Sweden 8.25e-08% 2009
22 Netherlands 8.07e-08% 2009
23 Austria 8.05e-08% 2009
24 Belgium 7.94e-08% 2009
25 France 7.93e-08% 2009
26 Finland 7.67e-08% 2009
27 Luxembourg 7.65e-08% 2009
28 Norway 6.64e-08% 2009
29 Denmark 6.32e-08% 2009
30 Switzerland 6.06e-08% 2009

Citation

"Countries Compared by Economy > Gross Domestic Product > GDP > Size of GDP > Gross domestic product, % of GDP. International Statistics at NationMaster.com", OECD Country statistical profiles 2009. 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/Gross-Domestic-Product/GDP/Size-of-GDP/Gross-domestic-product,-%-of-GDP

Economy > Gross Domestic Product > GDP > Size of GDP > Gross domestic product, % of GDP: Countries Compared Map

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