Economy > GDP > Purchasing power parity: Group totals

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.


World $91.70 trillion 2010
Cold countries $43.10 trillion 2012
Christian countries $41.16 trillion 2012
High income OECD countries $41.06 trillion 2012
Heavily indebted countries $37.02 trillion 2012
Emerging markets $32.68 trillion 2012
Group of 7 countries (G7) $31.82 trillion 2012
Former British colonies $27.98 trillion 2012
Non-religious countries $24.78 trillion 2012
East Asia and Pacific $24.09 trillion 2012
Europe $20.70 trillion 2012
Hot countries $20.60 trillion 2012
NATO countries $17.73 trillion 2012
European Union $15.64 trillion 2012
Catholic countries $14.47 trillion 2012
Religious countries $12.16 trillion 2012
Eurozone $10.95 trillion 2012
Muslim countries $9.07 trillion 2012
Sparsely populated countries $8.18 trillion 2011
Latin America and Caribbean $7.32 trillion 2012
Tourist destinations $6.69 trillion 2011
South and Central Asia $6.18 trillion 2012
South Asia $5.60 trillion 2012
Former Spanish colonies $5.33 trillion 2012
Eastern Europe $5.18 trillion 2012
Middle Eastern and North Africa $4.40 trillion 2012
OPEC countries $4.01 trillion 2012
Former Soviet republics $3.66 trillion 2012
Landlocked countries $2.36 trillion 2012
Sub-Saharan Africa $2.17 trillion 2012
failed states $1.55 trillion 2012
Former French colonies $1.33 trillion 2012
Potential Future EU Members $1.30 trillion 2012

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