Heavily indebted countries Compared by Economy > GDP > Official exchange rate > Per capita
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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. Per capita figures expressed per 1 population.
CONTENTS
# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Iceland | $66,240.30 per capita | 2007 | ||
2 | Ireland | $62,933.70 per capita | 2007 | ||
3 | Netherlands | $46,389.35 per capita | 2007 | ||
4 | Singapore | $46,073.24 per capita | 2010 | ||
5 | United States | $45,958.70 per capita | 2007 | ||
6 | United Kingdom | $45,626.38 per capita | 2007 | ||
7 | Austria | $45,598.77 per capita | 2007 | ||
8 | Belgium | $43,648.01 per capita | 2007 | ||
9 | Canada | $42,886.91 per capita | 2007 | ||
10 | Germany | $40,315.05 per capita | 2007 | ||
11 | Spain | $35,576.38 per capita | 2007 | ||
12 | France | $35,240.62 per capita | 2006 | ||
13 | Japan | $34,402.26 per capita | 2007 | ||
14 | Italy | $33,599.20 per capita | 2010 | ||
15 | Greece | $29,384.60 per capita | 2007 | ||
16 | Cyprus | $27,014.79 per capita | 2007 | ||
17 | Israel | $25,191.86 per capita | 2007 | ||
18 | Puerto Rico | $25,100.72 per capita | 2010 | ||
19 | Portugal | $20,981.25 per capita | 2007 | ||
20 | Malta | $18,460.74 per capita | 2007 | ||
21 | Barbados | $14,516.48 per capita | 2010 | ||
22 | Hungary | $13,901.01 per capita | 2007 | ||
23 | Antigua and Barbuda | $12,348.32 per capita | 2010 | ||
24 | Saint Kitts and Nevis | $10,807.69 per capita | 2010 | ||
25 | Seychelles | $10,621.21 per capita | 2010 | ||
26 | Lebanon | $9,259.70 per capita | 2010 | ||
27 | Grenada | $6,201.92 per capita | 2010 | ||
28 | Saint Lucia | $6,005.07 per capita | 2010 | ||
29 | Dominica | $5,514.71 per capita | 2010 | ||
30 | Saint Vincent and the Grenadines | $5,348.62 per capita | 2010 | ||
31 | Jamaica | $5,077.93 per capita | 2010 | ||
32 | Jordan | $4,385.00 per capita | 2010 | ||
33 | Belize | $4,327.67 per capita | 2007 | ||
34 | Cape Verde | $3,199.92 per capita | 2010 | ||
35 | Sri Lanka | $2,333.93 per capita | 2010 | ||
36 | Morocco | $2,175.24 per capita | 2007 | ||
37 | Egypt | $1,592.08 per capita | 2007 | ||
38 | Sudan | $1,513.82 per capita | 2010 | ||
39 | Sao Tome and Principe | $1,133.33 per capita | 2010 | ||
40 | Zimbabwe | $443.40 per capita | 2010 | ||
41 | Eritrea | $429.01 per capita | 2010 | ||
42 | Malawi | $337.90 per capita | 2010 |