Indicator Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Indicator Unit: The statistic is measured in USD.
Descriptive Statistics regarding the Indicator "Gross Domestic Product Current Usd": The number of countries with data stands at: 179 countries. The average value across those countries stands at: 598,698,309,603.88. The standard deviation across those countries stands at: 2,660,560,559,011.12. The lowest value stands at: 160,350,639.55, and was observed in Nauru, which in this case constitutes the country that ranks last. The highest value stands at: 29,184,890,000,000.00, and was observed in United States, which in this case constitutes the country that ranks first.
Looking at countries with values, the top 5 countries are: 1. United States, actual value 29,184,890,000,000.00, actual ranking 1. 2. China, actual value 18,743,803,170,827.20, actual ranking 2. 3. Germany, actual value 4,659,929,336,890.62, actual ranking 3. 4. Japan, actual value 4,026,210,821,146.81, actual ranking 4. 5. India, actual value 3,912,686,168,582.21, actual ranking 5.
Looking at countries with values, the bottom 5 countries are: 1. Nauru, actual value 160,350,639.55, actual ranking 179. 2. Marshall Islands, actual value 280,357,844.23, actual ranking 178. 3. Kiribati, actual value 307,862,546.79, actual ranking 177. 4. Micronesia, Fed. Sts., actual value 471,425,099.49, actual ranking 176. 5. Dominica, actual value 688,881,481.48, actual ranking 175.
World Bank national accounts data, and OECD National Accounts data files | macro-rankings.com
Indicator Description:
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
