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 official 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-à-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 artificially 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. |
|
|
|
Rank |
country |
GDP (official exchange rate)
|
Date of Information |
|
|
|
3 |
China |
$ 8,250,000,000,000 |
2012 est.
|
|
4 |
Japan |
$ 5,984,000,000,000 |
2012 est.
|
|
5 |
Germany |
$ 3,367,000,000,000 |
2012 est.
|
|
6 |
France |
$ 2,580,000,000,000 |
2012 est.
|
|
8 |
Brazil |
$ 2,425,000,000,000 |
2012 est.
|
|
9 |
Italy |
$ 1,980,000,000,000 |
2012 est.
|
|
10 |
Russia |
$ 1,954,000,000,000 |
2012 est.
|
|
11 |
India |
$ 1,947,000,000,000 |
2012 est.
|
|
12 |
Canada |
$ 1,770,000,000,000 |
2012 est.
|
|
14 |
Spain |
$ 1,340,000,000,000 |
2012 est.
|
|
15 |
Mexico |
$ 1,163,000,000,000 |
2012 est.
|
|
18 |
Turkey |
$ 783,100,000,000 |
2012 est.
|
|
22 |
Sweden |
$ 520,300,000,000 |
2012 est.
|
|
23 |
Norway |
$ 499,800,000,000 |
2012 est.
|
|
24 |
Iran |
$ 483,800,000,000 |
2012 est.
|
|
25 |
Belgium |
$ 476,800,000,000 |
2012 est.
|
|
27 |
Poland |
$ 470,400,000,000 |
2012 est.
|
|
28 |
Taiwan |
$ 466,100,000,000 |
2012 est.
|
|
29 |
Austria |
$ 391,500,000,000 |
2012 est.
|
|
35 |
Denmark |
$ 309,200,000,000 |
2012 est.
|
|
37 |
Nigeria |
$ 272,600,000,000 |
2012 est.
|
|
38 |
Chile |
$ 268,300,000,000 |
2012 est.
|
|
41 |
Egypt |
$ 255,000,000,000 |
2012 est.
|
|
42 |
Greece |
$ 255,000,000,000 |
2012 est.
|
|
43 |
Finland |
$ 247,200,000,000 |
2012 est.
|
|
44 |
Israel |
$ 246,800,000,000 |
2012 est.
|
|
48 |
Algeria |
$ 206,500,000,000 |
2012 est.
|
|
49 |
Ireland |
$ 204,700,000,000 |
2012 est.
|
|
51 |
Peru |
$ 200,300,000,000 |
2012 est.
|
|
53 |
Qatar |
$ 184,600,000,000 |
2012 est.
|
|
54 |
Ukraine |
$ 180,200,000,000 |
2012 est.
|
|
55 |
Kuwait |
$ 174,600,000,000 |
2012 est.
|
|
56 |
Romania |
$ 171,400,000,000 |
2012 est.
|
|
58 |
Vietnam |
$ 137,700,000,000 |
2012 est.
|
|
59 |
Iraq |
$ 130,600,000,000 |
2012 est.
|
|
60 |
Hungary |
$ 128,800,000,000 |
2012 est.
|
|
62 |
Angola |
$ 114,800,000,000 |
2012 est.
|
|
63 |
Morocco |
$ 97,170,000,000 |
2012 est.
|
|
66 |
Libya |
$ 85,110,000,000 |
2012 est.
|
|
67 |
Oman |
$ 79,970,000,000 |
2012 est.
|
|
69 |
Ecuador |
$ 70,840,000,000 |
2012 est.
|
|
70 |
Syria |
$ 64,700,000,000 |
2011 est.
|
|
73 |
Belarus |
$ 58,220,000,000 |
2012 est.
|
|
74 |
Croatia |
$ 57,490,000,000 |
2012 est.
|
|
75 |
Cuba |
$ 57,490,000,000 |
2010 est.
|
|
77 |
Burma |
$ 54,050,000,000 |
2012 est.
|
|
79 |
Sudan |
$ 51,580,000,000 |
2012 est.
|
|
82 |
Uruguay |
$ 49,720,000,000 |
2012 est.
|
|
85 |
Tunisia |
$ 44,700,000,000 |
2012 est.
|
|
87 |
Kenya |
$ 41,840,000,000 |
2012 est.
|
|
88 |
Lebanon |
$ 41,770,000,000 |
2012 est.
|
|
90 |
Ghana |
$ 40,120,000,000 |
2012 est.
|
|
91 |
Serbia |
$ 37,200,000,000 |
2012 est.
|
|
92 |
Macau |
$ 36,430,000,000 |
2011 est.
|
|
93 |
Yemen |
$ 36,370,000,000 |
2012 est.
|
|
94 |
Panama |
$ 34,820,000,000 |
2012 est.
|
|
96 |
Jordan |
$ 31,350,000,000 |
2012 est.
|
|
99 |
Latvia |
$ 27,190,000,000 |
2012 est.
|
|
100 |
Bolivia |
$ 26,750,000,000 |
2012 est.
|
|
101 |
Bahrain |
$ 26,510,000,000 |
2012 est.
|
|
107 |
Cyprus |
$ 22,450,000,000 |
2012 est.
|
|
108 |
Estonia |
$ 21,420,000,000 |
2012 est.
|
|
109 |
Zambia |
$ 20,680,000,000 |
2012 est.
|
|
111 |
Uganda |
$ 20,460,000,000 |
2012 est.
|
|
113 |
Nepal |
$ 19,420,000,000 |
2012 est.
|
|
117 |
Brunei |
$ 16,850,000,000 |
2012 est.
|
|
118 |
Gabon |
$ 16,800,000,000 |
2012 est.
|
|
120 |
Georgia |
$ 15,800,000,000 |
2012 est.
|
|
122 |
Jamaica |
$ 15,260,000,000 |
2012 est.
|
|
125 |
Senegal |
$ 13,950,000,000 |
2012 est.
|
|
127 |
Iceland |
$ 13,550,000,000 |
2012 est.
|
|
128 |
Albania |
$ 12,390,000,000 |
2012 est.
|
|
129 |
Namibia |
$ 12,150,000,000 |
2012 est.
|
|
133 |
Armenia |
$ 10,550,000,000 |
2012 est.
|
|
138 |
Chad |
$ 9,723,000,000 |
2012 est.
|
|
139 |
Mali |
$ 9,603,000,000 |
2012 est.
|
|
140 |
Laos |
$ 9,269,000,000 |
2012 est.
|
|
141 |
Malta |
$ 8,415,000,000 |
2012 est.
|
|
143 |
Haiti |
$ 7,895,000,000 |
2012 est.
|
|
145 |
Moldova |
$ 7,589,000,000 |
2012 est.
|
|
146 |
Benin |
$ 7,541,000,000 |
2012 est.
|
|
148 |
Rwanda |
$ 6,950,000,000 |
2012 est.
|
|
150 |
Niger |
$ 6,556,000,000 |
2012 est.
|
|
151 |
Kosovo |
$ 6,300,000,000 |
2012 est.
|
|
154 |
Guinea |
$ 5,744,000,000 |
2012 est.
|
|
155 |
Monaco |
$ 5,470,000,000 |
2010 est.
|
|
156 |
Jersey |
$ 5,100,000,000 |
2005 est.
|
|
158 |
Curacao |
$ 5,080,000,000 |
2008 est.
|
|
161 |
Malawi |
$ 4,490,000,000 |
2012 est.
|
|
165 |
Fiji |
$ 3,946,000,000 |
2012 est.
|
|
168 |
Togo |
$ 3,624,000,000 |
2012 est.
|
|
170 |
Eritrea |
$ 3,108,000,000 |
2012 est.
|
|
171 |
Guyana |
$ 2,788,000,000 |
2012 est.
|
|
172 |
Guam |
$ 2,773,000,000 |
2001
|
|
175 |
Lesotho |
$ 2,620,000,000 |
2012 est.
|
|
176 |
Burundi |
$ 2,530,000,000 |
2012 est.
|
|
177 |
Somalia |
$ 2,372,000,000 |
2010 est.
|
|
179 |
Aruba |
$ 2,258,000,000 |
2005 est.
|
|
185 |
Liberia |
$ 1,767,000,000 |
2012 est.
|
|
186 |
Belize |
$ 1,520,000,000 |
2012 est.
|
|
190 |
Bhutan |
$ 1,214,000,000 |
2012 est.
|
|
198 |
Grenada |
$ 851,000,000 |
2012 est.
|
|
200 |
Vanuatu |
$ 761,000,000 |
2012 est.
|
|
203 |
Samoa |
$ 712,000,000 |
2012 est.
|
|
205 |
Comoros |
$ 595,000,000 |
2012 est.
|
|
207 |
Tonga |
$ 476,000,000 |
2012 est.
|
|
215 |
Palau |
$ 164,000,000 |
2008
|
|
217 |
Tuvalu |
$ 36,000,000 |
2012 est.
|
|
218 |
Niue |
$ 10,010,000 |
2003
|
|
|