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Economy > Gross Domestic Product > GDP > Size of GDP > GDP per capita: Countries Compared

DEFINITION: What does gross domestic product mean? "Gross" signifies that no deduction has been made for the depreciation of machinery, buildings and other capital products used in production. "Domestic" means that it is production by the resident institutional units of the country. As many products are used to produce other products it is necessary to define production in terms of value added.

GDP can be measured in three different ways: as output less intermediate consumption (i.e. value added) plus taxes less subsidies on products (such as VAT); as the income earned from production by summing employee compensation, the gross operating surplus of enterprises and government, the gross mixed income of unincorporated enterprises and net taxes on production and imports (VAT, payroll tax, import duties, etc, less subsidies); or as the expenditure on the goods and services produced by summing final consumption expenditures, gross fixed capital formation, changes in inventories and exports less imports.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 Luxembourg $79,793.34 US dollars, current price 2009
2 Norway $53,476.60 US dollars, current price 2009
3 United States $45,488.88 US dollars, current price 2009
4 Ireland $45,026.91 US dollars, current price 2009
5 Switzerland $41,101.45 US dollars, current price 2009
6 Netherlands $39,224.72 US dollars, current price 2009
7 Canada $38,500.34 US dollars, current price 2009
8 Australia $37,564.68 US dollars, current price 2009
9 Austria $37,119.30 US dollars, current price 2009
10 Sweden $36,603.11 US dollars, current price 2009
11 Denmark $35,961.42 US dollars, current price 2009
Group of 7 countries (G7) average (profile) $35,820.36 US dollars, current price 2009
12 Iceland $35,696.61 US dollars, current price 2009
13 United Kingdom $35,668.88 US dollars, current price 2009
High income OECD countries average (profile) $35,465.24 US dollars, current price 2009
14 Belgium $35,382.25 US dollars, current price 2009
15 Finland $34,717.98 US dollars, current price 2009
16 Germany $34,390.73 US dollars, current price 2009
17 Japan $33,626.15 US dollars, current price 2009
18 France $32,686.29 US dollars, current price 2009
19 Spain $31,585.74 US dollars, current price 2009
20 Italy $30,381.22 US dollars, current price 2009
21 Greece $28,422.97 US dollars, current price 2009
22 New Zealand $27,431.14 US dollars, current price 2009
23 South Korea $24,801.07 US dollars, current price 2009
24 Czech Republic $24,027.19 US dollars, current price 2009
25 Portugal $22,815.40 US dollars, current price 2009
26 Slovakia $20,078.51 US dollars, current price 2009
27 Hungary $18,754.46 US dollars, current price 2009
28 Poland $15,988.54 US dollars, current price 2009
29 Mexico $14,003.84 US dollars, current price 2009
30 Turkey $12,993.29 US dollars, current price 2009

Citation

Economy > Gross Domestic Product > GDP > Size of GDP > GDP per capita: Countries Compared Map

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