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 |
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.
|
|
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.
|
|
18 |
Turkey |
$ 730,000,000,000 |
2008 est.
|
|
19 |
Poland |
$ 527,900,000,000 |
2008 est.
|
|
23 |
Sweden |
$ 479,000,000,000 |
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.
|
|
35 |
Finland |
$ 271,900,000,000 |
2008 est.
|
|
36 |
Ireland |
$ 267,600,000,000 |
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.
|
|
47 |
Ukraine |
$ 179,600,000,000 |
2008 est.
|
|
48 |
Chile |
$ 169,500,000,000 |
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.
|
|
57 |
Peru |
$ 127,500,000,000 |
2008 est.
|
|
58 |
Qatar |
$ 102,300,000,000 |
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.
|
|
65 |
Angola |
$ 84,950,000,000 |
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.
|
|
73 |
Cuba |
$ 54,710,000,000 |
2008 est.
|
|
74 |
Ecuador |
$ 54,690,000,000 |
2008 est.
|
|
76 |
Serbia |
$ 50,060,000,000 |
2008 est.
|
|
81 |
Tunisia |
$ 40,840,000,000 |
2008 est.
|
|
84 |
Latvia |
$ 33,980,000,000 |
2008 est.
|
|
85 |
Uruguay |
$ 32,190,000,000 |
2008 est.
|
|
87 |
Kenya |
$ 29,560,000,000 |
2008 est.
|
|
88 |
Lebanon |
$ 29,350,000,000 |
2008 est.
|
|
91 |
Yemen |
$ 26,910,000,000 |
2008 est.
|
|
93 |
Burma |
$ 26,210,000,000 |
2008 est.
|
|
96 |
Cyprus |
$ 24,920,000,000 |
2008 est.
|
|
98 |
Estonia |
$ 23,550,000,000 |
2008 est.
|
|
100 |
Panama |
$ 23,090,000,000 |
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.
|
|
108 |
Iceland |
$ 16,790,000,000 |
2008 est.
|
|
109 |
Ghana |
$ 16,650,000,000 |
2008 est.
|
|
110 |
Bolivia |
$ 16,600,000,000 |
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.
|
|
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.
|
|
132 |
Namibia |
$ 8,835,000,000 |
2008 est.
|
|
133 |
Mali |
$ 8,774,000,000 |
2008 est.
|
|
135 |
Chad |
$ 8,400,000,000 |
2008 est.
|
|
136 |
Malta |
$ 8,370,000,000 |
2008 est.
|
|
140 |
Haiti |
$ 6,943,000,000 |
2008 est.
|
|
141 |
Benin |
$ 6,712,000,000 |
2008 est.
|
|
146 |
Moldova |
$ 6,047,000,000 |
2008 est.
|
|
147 |
Niger |
$ 5,382,000,000 |
2008 est.
|
|
148 |
Laos |
$ 5,374,000,000 |
2008 est.
|
|
151 |
Jersey |
$ 5,100,000,000 |
2005 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.
|
|
159 |
Fiji |
$ 3,589,000,000 |
2008 est.
|
|
161 |
Kosovo |
$ 3,237,000,000 |
2007 est.
|
|
164 |
Togo |
$ 2,890,000,000 |
2008 est.
|
|
168 |
Somalia |
$ 2,600,000,000 |
2008 est.
|
|
169 |
Aruba |
$ 2,258,000,000 |
2005 est.
|
|
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.
|
|
181 |
Guyana |
$ 1,154,000,000 |
2008 est.
|
|
182 |
Burundi |
$ 1,097,000,000 |
2008 est.
|
|
187 |
Liberia |
$ 850,000,000 |
2008 est.
|
|
191 |
Grenada |
$ 678,000,000 |
2008 est.
|
|
195 |
Vanuatu |
$ 573,000,000 |
2008 est.
|
|
197 |
Comoros |
$ 532,000,000 |
2008 est.
|
|
198 |
Samoa |
$ 500,000,000 |
2008 est.
|
|
203 |
Tonga |
$ 258,000,000 |
2008 est.
|
|
207 |
Palau |
$ 164,000,000 |
2008
|
|
213 |
Niue |
$ 10,010,000 |
2003
|
|
|