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failed states Compared by Economy > GDP > Purchasing power parity

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.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Pakistan $546.70 billion 2012
2 Nigeria $444.30 billion 2012
3 Iraq $236.00 billion 2012
4 Sudan $85.42 billion 2012
5 Yemen $58.27 billion 2012
6 Cote d'Ivoire $39.88 billion 2012
7 Afghanistan $33.79 billion 2012
8 Democratic Republic of the Congo $27.29 billion 2012
9 Chad $26.58 billion 2012
10 Haiti $12.80 billion 2012
11 Guinea $12.04 billion 2012
12 South Sudan $11.64 billion 2012
13 Zimbabwe $7.17 billion 2012
14 Somalia $5.90 billion 2010
15 Central African Republic $3.85 billion 2012
16 Guinea-Bissau $1.91 billion 2012

Citation

"Countries Compared by Economy > GDP > Purchasing power parity. International Statistics at NationMaster.com", CIA World Factbooks 18 December 2003 to 28 March 2011. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/group-stats/failed-states/Economy/GDP/Purchasing-power-parity

failed states Compared by Economy > GDP > Purchasing power parity

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