Country Comparison :: GDP (official exchange rate)
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.
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Rank
country GDP (official exchange rate) Date of Information
1 European Union
$ 18,140,000,000,000
2008 est.
2 United States
$ 14,440,000,000,000
2008 est.
3 Japan
$ 4,911,000,000,000
2008 est.
4 China
$ 4,327,000,000,000
2008 est.
5 Germany
$ 3,673,000,000,000
2008 est.
6 France
$ 2,867,000,000,000
2008 est.
7 United Kingdom
$ 2,680,000,000,000
2008 est.
8 Italy
$ 2,314,000,000,000
2008 est.
9 Russia
$ 1,677,000,000,000
2008 est.
10 Spain
$ 1,602,000,000,000
2008 est.
11 Brazil
$ 1,573,000,000,000
2008 est.
12 Canada
$ 1,500,000,000,000
2008 est.
13 India
$ 1,207,000,000,000
2008 est.
14 Mexico
$ 1,088,000,000,000
2008 est.
15 Australia
$ 1,013,000,000,000
2008 est.
16 Korea, South
$ 929,100,000,000
2008 est.
17 Netherlands
$ 877,000,000,000
2008 est.
18 Turkey
$ 730,000,000,000
2008 est.
19 Poland
$ 527,900,000,000
2008 est.
20 Indonesia
$ 511,800,000,000
2008 est.
21 Belgium
$ 506,200,000,000
2008
22 Switzerland
$ 500,300,000,000
2008 est.
23 Sweden
$ 479,000,000,000
2008 est.
24 Saudi Arabia
$ 469,400,000,000
2008 est.
25 Norway
$ 451,800,000,000
2008 est.
26 Austria
$ 414,800,000,000
2008 est.
27 Taiwan
$ 391,400,000,000
2008 est.
28 Greece
$ 357,500,000,000
2008 est.
29 Denmark
$ 340,000,000,000
2008 est.
30 Iran
$ 335,200,000,000
2008 est.
31 Argentina
$ 324,800,000,000
2008 est.
32 Venezuela
$ 319,400,000,000
2008 est.
33 South Africa
$ 276,800,000,000
2008 est.
34 Thailand
$ 273,300,000,000
2008 est.
35 Finland
$ 271,900,000,000
2008 est.
36 Ireland
$ 267,600,000,000
2008 est.
37 United Arab Emirates
$ 262,200,000,000
2008 est.
38 Portugal
$ 244,600,000,000
2008 est.
39 Colombia
$ 240,800,000,000
2008 est.
40 Malaysia
$ 221,600,000,000
2008 est.
41 Czech Republic
$ 216,400,000,000
2008 est.
42 Hong Kong
$ 215,400,000,000
2008 est.
43 Nigeria
$ 207,100,000,000
2008 est.
44 Israel
$ 202,100,000,000
2008 est.
45 Romania
$ 200,100,000,000
2008 est.
46 Singapore
$ 181,900,000,000
2008 est.
47 Ukraine
$ 179,600,000,000
2008 est.
48 Chile
$ 169,500,000,000
2008 est.
49 Philippines
$ 166,900,000,000
2008 est.
50 Pakistan
$ 164,600,000,000
2008 est.
51 Egypt
$ 162,600,000,000
2008 est.
52 Algeria
$ 159,700,000,000
2008 est.
53 Kuwait
$ 158,100,000,000
2008 est.
54 Hungary
$ 155,900,000,000
2008 est.
55 Kazakhstan
$ 135,600,000,000
2008 est.
56 New Zealand
$ 128,400,000,000
2008 est.
57 Peru
$ 127,500,000,000
2008 est.
58 Qatar
$ 102,300,000,000
2008 est.
59 Slovakia
$ 95,400,000,000
2008 est.
60 Iraq
$ 91,450,000,000
2008 est.
61 Libya
$ 89,920,000,000
2008 est.
62 Vietnam
$ 89,830,000,000
2008 est.
63 Morocco
$ 88,880,000,000
2008 est.
64 Puerto Rico
$ 88,000,000,000
2008 est.
65 Angola
$ 84,950,000,000
2008 est.
66 Bangladesh
$ 84,200,000,000
2008 est.
67 Croatia
$ 69,360,000,000
2008 est.
68 Belarus
$ 60,300,000,000
2008 est.
69 Oman
$ 59,950,000,000
2008 est.
70 Sudan
$ 58,030,000,000
2008 est.
71 Syria
$ 55,020,000,000
2008 est.
72 Luxembourg
$ 54,970,000,000
2008 est.
73 Cuba
$ 54,710,000,000
2008 est.
74 Ecuador
$ 54,690,000,000
2008 est.
75 Slovenia
$ 54,640,000,000
2008 est.
76 Serbia
$ 50,060,000,000
2008 est.
77 Bulgaria
$ 49,900,000,000
2008
78 Lithuania
$ 47,300,000,000
2008 est.
79 Azerbaijan
$ 46,380,000,000
2008 est.
80 Dominican Republic
$ 44,440,000,000
2008 est.
81 Tunisia
$ 40,840,000,000
2008 est.
82 Sri Lanka
$ 39,600,000,000
2008 est.
83 Guatemala
$ 38,980,000,000
2008 est.
84 Latvia
$ 33,980,000,000
2008 est.
85 Uruguay
$ 32,190,000,000
2008 est.
86 Costa Rica
$ 29,660,000,000
2008 est.
87 Kenya
$ 29,560,000,000
2008 est.
88 Lebanon
$ 29,350,000,000
2008 est.
89 Turkmenistan
$ 29,160,000,000
2008 est.
90 Uzbekistan
$ 27,920,000,000
2008 est.
91 Yemen
$ 26,910,000,000
2008 est.
92 Ethiopia
$ 26,390,000,000
2008 est.
93 Burma
$ 26,210,000,000
2008 est.
94 Korea, North
$ 26,200,000,000
2008 est.
95 Trinidad and Tobago
$ 25,930,000,000
2008 est.
96 Cyprus
$ 24,920,000,000
2008 est.
97 Cameroon
$ 23,730,000,000
2008 est.
98 Estonia
$ 23,550,000,000
2008 est.
99 Cote d'Ivoire
$ 23,510,000,000
2008 est.
100 Panama
$ 23,090,000,000
2008 est.
101 El Salvador
$ 22,120,000,000
2008 est.
102 Macau
$ 22,040,000,000
2008 est.
103 Bahrain
$ 21,240,000,000
2008 est.
104 Jordan
$ 21,230,000,000
2008 est.
105 Tanzania
$ 20,670,000,000
2008 est.
106 Equatorial Guinea
$ 18,530,000,000
2008 est.
107 Bosnia and Herzegovina
$ 18,470,000,000
2008 est.
108 Iceland
$ 16,790,000,000
2008 est.
109 Ghana
$ 16,650,000,000
2008 est.
110 Bolivia
$ 16,600,000,000
2008 est.
111 Paraguay
$ 16,010,000,000
2008 est.
112 Zambia
$ 14,650,000,000
2008 est.
113 Uganda
$ 14,570,000,000
2008 est.
114 Brunei
$ 14,550,000,000
2008 est.
115 Gabon
$ 14,540,000,000
2008 est.
116 Jamaica
$ 14,030,000,000
2008 est.
117 Honduras
$ 14,000,000,000
2008 est.
118 Botswana
$ 13,460,000,000
2008 est.
119 Senegal
$ 13,350,000,000
2008 est.
120 Albania
$ 12,960,000,000
2008 est.
121 Georgia
$ 12,860,000,000
2008 est.
122 Nepal
$ 12,280,000,000
2008 est.
123 Armenia
$ 11,920,000,000
2008 est.
124 Afghanistan
$ 11,710,000,000
2008 est.
125 Congo, Democratic Republic of the
$ 11,630,000,000
2008 est.
126 Cambodia
$ 11,250,000,000
2008 est.
127 Congo, Republic of the
$ 10,770,000,000
2008 est.
128 Zimbabwe
$ 10,580,000,000
2008 est.
129 Mozambique
$ 9,897,000,000
2008 est.
130 Macedonia
$ 9,569,000,000
2008 est.
131 Madagascar
$ 9,463,000,000
2008 est.
132 Namibia
$ 8,835,000,000
2008 est.
133 Mali
$ 8,774,000,000
2008 est.
134 Mauritius
$ 8,738,000,000
2008 est.
135 Chad
$ 8,400,000,000
2008 est.
136 Malta
$ 8,370,000,000
2008 est.
137 Burkina Faso
$ 8,116,000,000
2008 est.
138 Papua New Guinea
$ 8,092,000,000
2008 est.
139 Bahamas, The
$ 7,564,000,000
2008 est.
140 Haiti
$ 6,943,000,000
2008 est.
141 Benin
$ 6,712,000,000
2008 est.
142 Gaza Strip
$ 6,641,000,000
2008 est.
143 West Bank
$ 6,641,000,000
2008 est.
144 Nicaragua
$ 6,365,000,000
2008 est.
145 French Polynesia
$ 6,100,000,000
2004
146 Moldova
$ 6,047,000,000
2008 est.
147 Niger
$ 5,382,000,000
2008 est.
148 Laos
$ 5,374,000,000
2008 est.
149 Mongolia
$ 5,243,000,000
2008 est.
150 Tajikistan
$ 5,135,000,000
2008 est.
151 Jersey
$ 5,100,000,000
2005 est.
152 Kyrgyzstan
$ 5,050,000,000
2008 est.
153 Liechtenstein
$ 4,993,000,000
2007
154 Montenegro
$ 4,848,000,000
2008 est.
155 Guinea
$ 4,517,000,000
2008 est.
156 Rwanda
$ 4,459,000,000
2008 est.
157 Malawi
$ 4,268,000,000
2008 est.
158 Barbados
$ 3,670,000,000
2008 est.
159 Fiji
$ 3,589,000,000
2008 est.
160 New Caledonia
$ 3,300,000,000
2003 est.
161 Kosovo
$ 3,237,000,000
2007 est.
162 Mauritania
$ 3,161,000,000
2008 est.
163 Suriname
$ 2,933,000,000
2008 est.
164 Togo
$ 2,890,000,000
2008 est.
165 Swaziland
$ 2,840,000,000
2008 est.
166 Guernsey
$ 2,742,000,000
2005
167 Isle of Man
$ 2,719,000,000
2005 est.
168 Somalia
$ 2,600,000,000
2008 est.
169 Aruba
$ 2,258,000,000
2005 est.
170 Central African Republic
$ 1,997,000,000
2008 est.
171 Sierra Leone
$ 1,953,000,000
2008 est.
172 Cape Verde
$ 1,744,000,000
2008 est.
173 Faroe Islands
$ 1,700,000,000
2005 est.
174 Greenland
$ 1,700,000,000
2005
175 Lesotho
$ 1,618,000,000
2008 est.
176 Eritrea
$ 1,479,000,000
2008 est.
177 Bhutan
$ 1,389,000,000
2008 est.
178 Belize
$ 1,359,000,000
2008 est.
179 Maldives
$ 1,261,000,000
2008 est.
180 Antigua and Barbuda
$ 1,224,000,000
2008 est.
181 Guyana
$ 1,154,000,000
2008 est.
182 Burundi
$ 1,097,000,000
2008 est.
183 Gibraltar
$ 1,066,000,000
2005 est.
184 San Marino
$ 1,048,000,000
2004
185 Saint Lucia
$ 987,000,000
2008 est.
186 Djibouti
$ 982,000,000
2008 est.
187 Liberia
$ 850,000,000
2008 est.
188 British Virgin Islands
$ 839,700,000
2003
189 Seychelles
$ 822,000,000
2008 est.
190 Gambia, The
$ 810,000,000
2008 est.
191 Grenada
$ 678,000,000
2008 est.
192 Solomon Islands
$ 642,000,000
2008 est.
193 Northern Mariana Islands
$ 633,400,000
2000
194 Saint Vincent and the Grenadines
$ 601,000,000
2008 est.
195 Vanuatu
$ 573,000,000
2008 est.
196 Saint Kitts and Nevis
$ 546,000,000
2008 est.
197 Comoros
$ 532,000,000
2008 est.
198 Samoa
$ 500,000,000
2008 est.
199 Timor-Leste
$ 499,000,000
2008 est.
200 American Samoa
$ 462,200,000
2005
201 Guinea-Bissau
$ 461,000,000
2008 est.
202 Dominica
$ 364,000,000
2008 est.
203 Tonga
$ 258,000,000
2008 est.
204 Micronesia, Federated States of
$ 238,100,000
2008
205 Cook Islands
$ 183,200,000
2005 est.
206 Sao Tome and Principe
$ 175,000,000
2008 est.
207 Palau
$ 164,000,000
2008
208 Marshall Islands
$ 161,700,000
2008 est.
209 Kiribati
$ 137,000,000
2008 est.
210 Anguilla
$ 108,900,000
2004 est.
211 Falkland Islands (Islas Malvinas)
$ 105,100,000
2002 est.
212 Tuvalu
$ 14,940,000
2002
213 Niue
$ 10,010,000
2003