Former Spanish colonies 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.


1 Bolivia 244.18% 2010
2 Cuba 214.15% 2007
3 Honduras 213.26% 2010
4 El Salvador 205.34% 2010
5 Nicaragua 201.95% 2010
6 Equatorial Guinea 201.12% 2010
7 Peru 178.91% 2010
8 Philippines 176.96% 2010
9 Ecuador 170.78% 2010
10 Guatemala 170.08% 2010
11 Panama 168.56% 2010
12 Paraguay 166.11% 2010
13 Dominican Republic 164.44% 2010
14 Argentina 161.63% 2010
15 Mexico 150.73% 2010
16 Colombia 150.48% 2010
17 Costa Rica 141.83% 2010
18 Uruguay 124.67% 2010
19 Chile 119.64% 2010
20 Venezuela 87.4% 2010


"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/Former-Spanish-colonies/Economy/GDP/Purchasing-power-parity,-%-of-GDP

Former Spanish colonies Compared by Economy > GDP > Purchasing power parity, % of GDP


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