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European Union Compared by Economy > GDP > Purchasing power parity, % of GDP

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 purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Figures expressed as a proportion of GDP for the same year.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Bulgaria 193.2% 2010
2 Poland 154.38% 2010
3 Romania 153.71% 2010
4 Lithuania 153.42% 2010
5 Hungary 148.49% 2010
6 Slovakia 139.07% 2010
7 Latvia 133.86% 2010
8 Croatia 133.37% 2010
9 Czech Republic 132.41% 2010
10 Estonia 130.8% 2010
11 Malta 125.06% 2010
12 Slovenia 120.87% 2010
13 Greece 110.06% 2010
14 Portugal 108.6% 2010
15 Cyprus 100.21% 2010
16 Spain 99.7% 2010
17 United Kingdom 97.02% 2010
18 Germany 90.12% 2010
19 Austria 88.26% 2010
20 Netherlands 87.83% 2010
21 Italy 87.27% 2010
22 France 84.76% 2010
23 Belgium 84.72% 2010
24 Ireland 83.68% 2010
25 Finland 79.74% 2010
26 Luxembourg 77.72% 2010
27 Sweden 76.47% 2010
28 Denmark 64.27% 2010

Citation

"Countries Compared by Economy > GDP > Purchasing power parity, % 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/group-stats/European-Union/Economy/GDP/Purchasing-power-parity,-%-of-GDP

European Union Compared by Economy > GDP > Purchasing power parity, % of GDP

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