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GDP

Page history last edited by Brian D Butler 14 years, 6 months ago

 

GDP

 

Gross Domestic Product

The most comprehensive measure of the total output in an economy. It is the measure of the market value of all final goods and services produced in a country during a year.  GDP is the most comprehensive measure of a nation’s total output of goods and services.  It is the sum of the dollar values of consumption, gross investment, government purchases of goods and services, and net exports produced within a nation during a given year.

 

 

see also:

 

 

Table of Contents:


 

 

National Accounts:  

 

see discussion on GDP (from GloboTrends)

see great summary here:  http://userwww.sfsu.edu/~pgking/690pdfs/690%20notes%20for%20assn%204.pdf 

 

Current Account deficits / surplus:

 

  • GDP (Y) = Consumption (C) + Government spending (G) + Investment (I) + [Exports-Imports (Current Account - (x))]
  • Y = C +G+I+x

 

or, re-written....

  • Current account (CA) = Y - (C+G+I)

 

so, if you have a:

  • Current Account SURPLUS:   then Y > CGI  .... or, income (production) is greater than spending (investment)
  • Current Account DEFICIT:     then Y < CGI  .... or, income (production) is LESS than spending (investment)

 

How does the country finance this excess spending? It borrows.

  • Q: what do we do when we spend more than we earn?
  • A: we use a credit card (borrow money that has to be paid later).

 

The current account shows the amount of international lending or borrowing. Essentially, a CA deficit is trading current consumption for future consumption. A current account surplus is like giving up current consumption in exchange for future consumption

 

 

Savings Equal Investments

GDP (Gross Domestic Product) is defined as Consumption (C) plus Investment (I) plus Government Spending (G) plus [Exports (E) minus Imports (I)] or:

 

GDP = C + I + G + (E-I)

(For the wonks out there, GDP is usually termed "Y".)

 

You can calculate national savings as GDP minus consumption and government spending. That means that investment equals savings plus net exports. If there are no net exports, then money must come back into the US from outside the country to finance investments, along with savings. This equation is known as an identity. An identity is an equality that remains true regardless of the values of any variables that appear within it. That means it is not a guess or an approximation. It is simple reality.

 

Thus, if there is a government deficit, there must be savings by both consumers and businesses, plus capital flows from outside the country, to offset that deficit in order for there to be any money left over for investments.  In the short run, an increase in government spending can offset a decline in consumption (a recession), but absent savings a government deficit crowds out investment in the long run. There must be savings in order for there to be investment. And without investment, you do not get job growth or economic growth.  Source : John Mauldin Newsletter October 16, 2009

 

 

2 ways to measure GDP:

 

1. As the flow of final products

2. As the total costs or earnings of inputs producing output.

 

Because profit is a residual, both approaches will yield exactly the same total GDP.

 

 

Nominal GDP

- is measured in actual market prices.

Represents the total money value of final goods and services produced in a given year.

 

 

Real GDP

– is calculated in constant or invariant prices; is the most closely watched measure of output; it serves as the carefully monitored pulse of a nation’s economy.

Removes price changes from nominal GDP and calculates GDP in terms of the quantities of goods and services.

 

 

Potential GDP

– Represents the maximum sustainable level of output that the economy can produce. When an economy is operating at its potential, there are high levels of utilization of the labor force and the capital stock. When output rises above potential output, price inflation tends to rise, while a below potential level of output leads to high unemployment. Potential output is determined by the economy’s productive capacity, which depends upon the inputs available and the economy’s technological efficiency. Potential GDP tends to grow steadily because inputs like labor and capital and the level of technology change quite slowly over time. Actual GDP – Is subject to large business cycle swing if spending patterns change sharply. During business downturns, actual GDP falls below its potential and unemployment rises.

 

Note:  Fiscal stimulus spending on infrastructure pushes out the POTENTIAL GDP - not the current actual GDP

 

 

GDP from the product side is the sum of four major components:

• Personal consumption expenditures on goods and services

• Gross private domestic investment

• Government consumption expenditures and gross investment

• Net exports of goods and services, or exports minus imports.

 

GDP from the cost side is the sum of the following major components:

• Compensations (wages, salaries, and supplements)

• Property income (corporate profits, proprietors’ income, interest, and rents)

• Production taxes and depreciation on capital

 

Remember to use the value- added technique to prevent double counting of intermediate goods bought form other firms

 

The product and cost measures of GDP are identical

By adherence to the rules of value added bookkeeping and the definition of profit as a residual.

Net domestic product NDP equals GDP minus depreciation

 

 

Determinants of potential output (short and long run)

 

The Aggregate supply for an economy will differ from potential output in the short run because of inflexible elements of costs. In the short run, firms will respond to higher demand by raising both production and prices. In the longer run, as cost respond to the higher level of prices, most or all of the response to increased demand takes the form of higher prices and little or none the form of higher output. Whereas the short-run AS curve is upward sloping, the long-run, AS curve is vertical because, given sufficient time, all costs adjust.

 

Economic growth in real terms

Real GDP = Nominal GDP / CPI

 

Recession and depression

(what they are?, in what way they are different?)

 

Recession

- is a period of significant decline in total output, income, and employment, usually lasting form 6 months to a year and marked by widespread contractions in many sectors of economy.

 

Depression

- is a severe and protracted down turn

 

 

Definitions for Charts (below)

 

In the Economy category, GDP dollar estimates for countries are reported both on an official exchange rate (OER) and a purchasing power parity (PPP) basis. Both measures contain information that is useful to the reader. The PPP method involves the use of standardized international dollar price weights, which are applied to the quantities of final goods and services produced in a given economy.

 

The data derived from the PPP method probably provide the best available starting point for comparisons of economic strength and well-being between countries. In contrast, the currency exchange rate method involves a variety of international and domestic financial forces that may not capture the value of domestic output. Furthermore, exchange rates may suddenly go up or down by 10% or more because of market forces or official fiat whereas real output has remained unchanged. On 12 January 1994, for example, the 14 countries of the African Financial Community (whose currencies are tied to the French franc) devalued their currencies by 50%. This move, of course, did not cut the real output of these countries by half. Whereas PPP estimates for OECD countries are quite reliable, PPP estimates for developing countries are often rough approximations.

 

In developing countries with weak currencies, the exchange rate estimate of GDP in dollars is typically one-fourth to one-half the PPP estimate. Most of the GDP estimates for developing countries are based on extrapolation of PPP numbers published by the UN International Comparison Program (UNICP) and by Professors Robert Summers and Alan Heston of the University of Pennsylvania and their colleagues. GDP derived using the OER method should be used for the purpose of calculating the share of items such as exports, imports, military expenditures, external debt, or the current account balance, because the dollar values presented in the Factbook for these items have been converted at official exchange rates, not at PPP. One should use the OER GDP figure to calculate the proportion of, say, Chinese defense expenditures in GDP, because that share will be the same as one calculated in local currency units.

 

Comparison of OER GDP with PPP GDP may also indicate whether a currency is over- or under-valued. If OER GDP is smaller than PPP GDP, the official exchange rate may be undervalued, and vice versa. However, there is no strong historical evidence that market exchange rates move in the direction implied by the PPP rate, at least not in the short- or medium-term. Note: the numbers for GDP and other economic data should not be chained together from successive volumes of the Factbook because of changes in the US dollar measuring rod, revisions of data by statistical agencies, use of new or different sources of information, and changes in national statistical methods and practices.

 

 

 

 

GDP ranking (based on PPP)

 

 

Rank
Country
GDP (purchasing power parity)
Date of Information
1
World $ 65,960,000,000,000 2006 est.
2
European Union $ 13,080,000,000,000 2006 est.
3
United States $ 13,060,000,000,000 2006 est.
4
China $ 10,210,000,000,000 2006 est.
5
Japan $ 4,218,000,000,000 2006 est.
6
India $ 4,164,000,000,000 2006 est.
7
Germany $ 2,632,000,000,000 2006 est.
8
United Kingdom $ 1,928,000,000,000 2006 est.
9
France $ 1,902,000,000,000 2006 est.
10
Italy $ 1,756,000,000,000 2006 est.
11
Russia $ 1,746,000,000,000 2006 est.
12
Brazil $ 1,655,000,000,000 2006 est.
13
Korea, South $ 1,196,000,000,000 2006 est.
14
Canada $ 1,181,000,000,000 2006 est.
15
Mexico $ 1,149,000,000,000 2006 est.
16
Spain $ 1,109,000,000,000 2006 est.
17
Indonesia $ 948,300,000,000 2006 est.
18
Taiwan $ 681,800,000,000 2006 est.
19
Australia $ 674,600,000,000 2006 est.
20
Turkey $ 640,400,000,000 2006 est.
21
Argentina $ 608,800,000,000 2006 est.
22
Iran $ 599,200,000,000 2006 est.
23
Thailand $ 596,500,000,000 2006 est.
24
South Africa $ 587,500,000,000 2006 est.
25
Poland $ 554,500,000,000 2006 est.
26
Netherlands $ 529,600,000,000 2006 est.
27
Philippines $ 449,800,000,000 2006 est.
28
Pakistan $ 437,500,000,000 2006 est.
29
Colombia $ 374,400,000,000 2006 est.
30
Saudi Arabia $ 371,500,000,000 2006 est.
31
Ukraine $ 364,300,000,000 2006 est.
32
Belgium $ 342,500,000,000 2006 est.
33
Bangladesh $ 336,100,000,000 2006 est.
34
Egypt $ 334,400,000,000 2006 est.
35
Malaysia $ 313,200,000,000 2006 est.
36
Sweden $ 290,100,000,000 2006 est.
37
Austria $ 284,100,000,000 2006 est.
38
Vietnam $ 262,500,000,000 2006 est.
39
Hong Kong $ 259,100,000,000 2006 est.
40
Greece $ 256,500,000,000 2006 est.
41
Switzerland $ 255,500,000,000 2006 est.
42
Algeria $ 249,800,000,000 2006 est.
43
Czech Republic $ 225,500,000,000 2006 est.
44
Norway $ 213,600,000,000 2006 est.
45
Portugal $ 210,100,000,000 2006 est.
46
Chile $ 202,700,000,000 2006 est.
47
Romania $ 202,200,000,000 2006 est.
48
Denmark $ 202,100,000,000 2006 est.
49
Nigeria $ 191,400,000,000 2006 est.
50
Peru $ 186,600,000,000 2006 est.
51
Venezuela $ 186,300,000,000 2006 est.
52
Ireland $ 180,900,000,000 2006 est.
53
Finland $ 175,200,000,000 2006 est.
54
Hungary $ 175,000,000,000 2006 est.
55
Israel $ 170,300,000,000 2006 est.
56
Morocco $ 152,500,000,000 2006 est.
57
Kazakhstan $ 143,400,000,000 2006 est.
58
Singapore $ 141,200,000,000 2006 est.
59
United Arab Emirates $ 129,500,000,000 2006 est.
60
New Zealand $ 106,900,000,000 2006 est.
61
Slovakia $ 99,190,000,000 2006 est.
62
Sudan $ 97,190,000,000 2006 est.
63
Sri Lanka $ 95,460,000,000 2006 est.
64
Tunisia $ 91,040,000,000 2006 est.
65
Iraq $ 87,900,000,000 2006 est.
66
Burma $ 85,200,000,000 2006 est.
67
Belarus $ 83,100,000,000 2006 est.
68
Bulgaria $ 79,050,000,000 2006 est.
69
Syria $ 78,040,000,000 2006 est.
70
Dominican Republic $ 77,090,000,000 2006 est.
71
Puerto Rico $ 75,820,000,000 2006 est.
72
Ethiopia $ 73,790,000,000 2006 est.
73
Libya $ 72,340,000,000 2006 est.
74
Ecuador $ 61,520,000,000 2006 est.
75
Guatemala $ 61,380,000,000 2006 est.
76
Croatia $ 60,380,000,000 2006 est.
77
Ghana $ 60,000,000,000 2006 est.
78
Azerbaijan $ 59,710,000,000 2006 est.
79
Kuwait $ 55,960,000,000 2006 est.
80
Uzbekistan $ 55,750,000,000 2006 est.
81
Lithuania $ 54,900,000,000 2006 est.
82
Angola $ 54,650,000,000 2006 est.
83
Uganda $ 52,930,000,000 2006 est.
84
Costa Rica $ 50,890,000,000 2006 est.
85
Slovenia $ 47,010,000,000 2006 est.
86
Cuba $ 46,220,000,000 2006 est.
87
Serbia $ 44,830,000,000 2006 est.
88
Oman $ 44,530,000,000 2006 est.
89
Congo, Democratic Republic of the $ 44,440,000,000 2006 est.
90
Turkmenistan $ 42,840,000,000 2006 est.
91
Cameroon $ 42,640,000,000 2006 est.
92
Kenya $ 41,480,000,000 2006 est.
93
Nepal $ 41,180,000,000 2006 est.
94
Korea, North $ 40,000,000,000 2006 est.
95
Cambodia $ 38,890,000,000 2006 est.
96
Uruguay $ 37,540,000,000 2006 est.
97
Latvia $ 36,490,000,000 2006 est.
98
Luxembourg $ 33,870,000,000 2006 est.
99
El Salvador $ 33,660,000,000 2006 est.
100
Paraguay $ 31,260,000,000 2006 est.
101
Jordan $ 30,030,000,000 2006 est.
102
Tanzania $ 29,640,000,000 2006 est.
103
Mozambique $ 29,170,000,000 2006 est.
104
Cote d'Ivoire $ 29,050,000,000 2006 est.
105
Bolivia $ 27,870,000,000 2006 est.
106
Estonia $ 26,850,000,000 2006 est.
107
Qatar $ 26,370,000,000 2006 est.
108
Panama $ 26,160,000,000 2006 est.
109
Equatorial Guinea $ 25,690,000,000 2005 est.
110
Zimbabwe $ 25,580,000,000 2006 est.
111
Bosnia and Herzegovina $ 25,320,000,000 2006 est.
112
Lebanon $ 22,860,000,000 2006 est.
113
Honduras $ 22,540,000,000 2006 est.
114
Senegal $ 21,540,000,000 2006 est.
115
Afghanistan $ 21,500,000,000 2004 est.
116
Trinidad and Tobago $ 21,060,000,000 2006 est.
117
Albania $ 20,460,000,000 2006 est.
118
Yemen $ 20,460,000,000 2006 est.
119
Guinea $ 19,870,000,000 2006 est.
120
Burkina Faso $ 18,940,000,000 2006 est.
121
Georgia $ 18,160,000,000 2006 est.
122
Cyprus $ 18,040,000,000 2006 est.
123
Botswana $ 17,930,000,000 2006 est.
124
Bahrain $ 17,910,000,000 2006 est.
125
Madagascar $ 17,270,000,000 2006 est.
126
Nicaragua $ 17,090,000,000 2006 est.
127
Mauritius $ 17,020,000,000 2006 est.
128
Macedonia $ 16,960,000,000 2006 est.
129
Armenia $ 16,940,000,000 2006 est.
130
Papua New Guinea $ 15,410,000,000 2006 est.
131
Namibia $ 15,270,000,000 2006 est.
132
Chad $ 14,980,000,000 2006 est.
133
Mali $ 14,770,000,000 2006 est.
134
Haiti $ 14,760,000,000 2006 est.
135
Laos $ 13,740,000,000 2006 est.
136
Rwanda $ 13,700,000,000 2006 est.
137
Jamaica $ 12,840,000,000 2006 est.
138
Niger $ 12,360,000,000 2006 est.
139
Zambia $ 11,640,000,000 2006 est.
140
Iceland $ 11,380,000,000 2006 est.
141
Kyrgyzstan $ 10,730,000,000 2006 est.
142
Gabon $ 10,190,000,000 2006 est.
143
Macau $ 10,000,000,000 2004
144
Brunei $ 9,557,000,000 2006 est.
145
Tajikistan $ 9,521,000,000 2006 est.
146
Togo $ 9,290,000,000 2006 est.
147
Moldova $ 9,066,000,000 2006 est.
148
Benin $ 8,989,000,000 2006 est.
149
Malta $ 8,518,000,000 2006 est.
150
Malawi $ 8,272,000,000 2006 est.
151
Mauritania $ 8,124,000,000 2006 est.
152
Bahamas, The $ 6,556,000,000 2006 est.
153
Swaziland $ 6,018,000,000 2006 est.
154
Burundi $ 5,854,000,000 2006 est.
155
Mongolia $ 5,852,000,000 2006 est.
156
Fiji $ 5,594,000,000 2006 est.
157
Lesotho $ 5,492,000,000 2006 est.
158
Sierra Leone $ 5,452,000,000 2006 est.
159
Gaza Strip $ 5,327,000,000 2005 est.
160
West Bank $ 5,327,000,000 2005 est.
161
Somalia $ 5,259,000,000 2006 est.
162
Barbados $ 5,146,000,000 2006 est.
163
Jersey $ 5,100,000,000 2005 est.
164
Congo, Republic of the $ 5,033,000,000 2006 est.
165
Central African Republic $ 4,998,000,000 2006 est.
166
Eritrea $ 4,751,000,000 2006 est.
167
French Polynesia $ 4,580,000,000 2003 est.
168
Cyprus $ 4,540,000,000 2006 est.
169
Bermuda $ 4,500,000,000 2004 est.
170
Guyana $ 3,757,000,000 2006 est.
171
Bhutan $ 3,503,000,000 2006 est.
172
Montenegro $ 3,443,000,000 2006 est.
173
Gambia, The $ 3,324,000,000 2006 est.
174
New Caledonia $ 3,158,000,000 2003 est.
175
Suriname $ 3,136,000,000 2006 est.
176
Cape Verde $ 3,129,000,000 2006 est.
177
Maldives $ 2,839,000,000 2006 est.
178
Liberia $ 2,821,000,000 2006 est.
179
Netherlands Antilles $ 2,800,000,000 2004 est.
180
Andorra $ 2,770,000,000 2005
181
Guernsey $ 2,742,000,000 2005
182
Isle of Man $ 2,719,000,000 2005 est.
183
Guam $ 2,500,000,000 2005 est.
184
Belize $ 2,307,000,000 2006 est.
185
Aruba $ 2,258,000,000 2005 est.
186
Cayman Islands $ 1,939,000,000 2004 est.
187
Djibouti $ 1,878,000,000 2006 est.
188
Liechtenstein $ 1,786,000,000 2001 est.
189
Virgin Islands $ 1,577,000,000 2004 est.
190
Comoros $ 1,275,000,000 2006 est.
191
Guinea-Bissau $ 1,249,000,000 2006 est.
192
Samoa $ 1,218,000,000 2006 est.
193
Saint Lucia $ 1,179,000,000 2006 est.
194
Antigua and Barbuda $ 1,145,000,000 2006 est.
195
Greenland $ 1,100,000,000 2001 est.
196
Faroe Islands $ 1,000,000,000 2001 est.
197
Grenada $ 982,000,000 2006 est.
198
Monaco $ 976,300,000 2006 est.
199
Mayotte $ 953,600,000 2005 est.
200
Northern Mariana Islands $ 900,000,000 2000 est.
201
Saint Vincent and the Grenadines $ 864,000,000 2006 est.
202
British Virgin Islands $ 853,400,000 2004 est.
203
San Marino $ 850,000,000 2004 est.
204
Solomon Islands $ 800,000,000 2002 est.
205
Gibraltar $ 769,000,000 2000 est.
206
Vanuatu $ 739,000,000 2006 est.
207
Saint Kitts and Nevis $ 726,000,000 2006 est.
208
Seychelles $ 626,000,000 2002 est.
209
American Samoa $ 510,100,000 2003 est.
210
Dominica $ 485,000,000 2006 est.
211
Timor-Leste $ 370,000,000 2004 est.
212
Sao Tome and Principe $ 278,000,000 2006 est.
213
Micronesia, Federated States of $ 277,000,000 2002 est.
214
Kiribati $ 240,000,000 2006 est.
215
Turks and Caicos Islands $ 216,000,000 2002 est.
216
Cook Islands $ 183,200,000 2005 est.
217
Tonga $ 178,500,000 2004 est.
218
Palau $ 124,500,000 2004 est.
219
Marshall Islands $ 115,000,000 2001 est.
220
Anguilla $ 108,900,000 2004 est.
221
Falkland Islands (Islas Malvinas) $ 75,000,000 2002 est.
222
Nauru $ 60,000,000 2005 est.
223
Wallis and Futuna $ 60,000,000 2004 est.
224
Saint Pierre and Miquelon $ 48,300,000 2003 est.
225
Montserrat $ 29,000,000 2002 est.
226
Saint Helena $ 18,000,000 1998 est.
227
Tuvalu $ 14,940,000 2002 est.
228
Niue $ 7,600,000 2000 est.
229
Tokelau $ 1,500,000 1993 est.

 

 

 

 

GDP at Purchasing Power Parity (PPP)

source: https://www.cia.gov/library/publications/the-world-factbook/geos/ca.html

 

Country
GDP (purchasing power parity)
Afghanistan $21.5 billion (2004 est.)
Albania $20.46 billion
note: Albania has a large gray economy that may be as large as 50% of official GDP (2006 est.)
Algeria $249.8 billion (2006 est.)
American Samoa $510.1 million (2003 est.)
Andorra $2.77 billion (2005)
Angola $54.65 billion (2006 est.)
Anguilla $108.9 million (2004 est.)
Antigua and Barbuda $1.145 billion (2006 est.)
Argentina $608.8 billion (2006 est.)
Armenia $16.94 billion (2006 est.)
Aruba $2.258 billion (2005 est.)
Australia $674.6 billion (2006 est.)
Austria $284.1 billion (2006 est.)
Azerbaijan $59.71 billion (2006 est.)
Bahamas, The $6.556 billion (2006 est.)
Bahrain $17.91 billion (2006 est.)
Bangladesh $336.1 billion (2006 est.)
Barbados $5.146 billion (2006 est.)
Belarus $83.1 billion (2006 est.)
Belgium $342.5 billion (2006 est.)
Belize $2.307 billion (2006 est.)
Benin $8.989 billion (2006 est.)
Bermuda $4.5 billion (2004 est.)
Bhutan $3.503 billion (2006 est.)
Bolivia $27.87 billion (2006 est.)
Bosnia and Herzegovina $25.32 billion
note: Bosnia has a large informal sector that could also be as much as 50% of official GDP (2006 est.)
Botswana $17.93 billion (2006 est.)
Brazil $1.655 trillion (2006 est.)
British Virgin Islands $853.4 million (2004 est.)
Brunei $9.557 billion (2006 est.)
Bulgaria $79.05 billion (2006 est.)
Burkina Faso $18.94 billion (2006 est.)
Burma $85.2 billion (2006 est.)
Burundi $5.854 billion (2006 est.)
Cambodia $38.89 billion (2006 est.)
Cameroon $42.64 billion (2006 est.)
Canada $1.181 trillion (2006 est.)
Cape Verde $3.129 billion (2006 est.)
Cayman Islands $1.939 billion (2004 est.)
Central African Republic $4.998 billion (2006 est.)
Chad $14.98 billion (2006 est.)
Chile $202.7 billion (2006 est.)
China $10.21 trillion (2006 est.)
Christmas Island $NA
Cocos (Keeling) Islands $NA
Colombia $374.4 billion (2006 est.)
Comoros $1.275 billion (2006 est.)
Congo, Democratic Republic of the $44.44 billion (2006 est.)
Congo, Republic of the $5.033 billion (2006 est.)
Cook Islands $183.2 million (2005 est.)
Costa Rica $50.89 billion (2006 est.)
Cote d'Ivoire $29.05 billion (2006 est.)
Croatia $60.38 billion (2006 est.)
Cuba $46.22 billion (2006 est.)
Cyprus area under government control: $18.04 billion
area administered by Turkish Cypriots: $4.54 billion (2006 est.)
Czech Republic $225.5 billion (2006 est.)
Denmark $202.1 billion (2006 est.)
Djibouti $1.878 billion (2006 est.)
Dominica $485 million (2006 est.)
Dominican Republic $77.09 billion (2006 est.)
Ecuador $61.52 billion (2006 est.)
Egypt $334.4 billion (2006 est.)
El Salvador $33.66 billion (2006 est.)
Equatorial Guinea $25.69 billion (2005 est.)
Eritrea $4.751 billion (2006 est.)
Estonia $26.85 billion (2006 est.)
Ethiopia $73.79 billion (2006 est.)
European Union $13.08 trillion (2006 est.)
Falkland Islands (Islas Malvinas) $75 million (2002 est.)
Faroe Islands $1 billion (2001 est.)
Fiji $5.594 billion (2006 est.)
Finland $175.2 billion (2006 est.)
France $1.902 trillion (2006 est.)
French Polynesia $4.58 billion (2003 est.)
Gabon $10.19 billion (2006 est.)
Gambia, The $3.324 billion (2006 est.)
Gaza Strip $5.327 billion (includes West Bank) (2005 est.)
Georgia $18.16 billion (2006 est.)
Germany $2.632 trillion (2006 est.)
Ghana $60 billion (2006 est.)
Gibraltar $769 million (2000 est.)
Greece $256.5 billion (2006 est.)
Greenland $1.1 billion (2001 est.)
Grenada $982 million (2006 est.)
Guam $2.5 billion (2005 est.)
Guatemala $61.38 billion (2006 est.)
Guernsey $2.742 billion (2005)
Guinea $19.87 billion (2006 est.)
Guinea-Bissau $1.249 billion (2006 est.)
Guyana $3.757 billion (2006 est.)
Haiti $14.76 billion (2006 est.)
Holy See (Vatican City) $NA
Honduras $22.54 billion (2006 est.)
Hong Kong $259.1 billion (2006 est.)
Hungary $175 billion (2006 est.)
Iceland $11.38 billion (2006 est.)
India $4.164 trillion (2006 est.)
Indonesia $948.3 billion (2006 est.)
Iran $599.2 billion (2006 est.)
Iraq $87.9 billion (2006 est.)
Ireland $180.9 billion (2006 est.)
Isle of Man $2.719 billion (2005 est.)
Israel $170.3 billion (2006 est.)
Italy $1.756 trillion (2006 est.)
Jamaica $12.84 billion (2006 est.)
Japan $4.218 trillion (2006 est.)
Jersey $5.1 billion (2005 est.)
Jordan $30.03 billion (2006 est.)
Kazakhstan $143.4 billion (2006 est.)
Kenya $41.48 billion (2006 est.)
Kiribati $240 million (2006 est.)
Korea, North $40 billion
note: North Korea does not publish any reliable National Income Accounts data; the datum shown here is derived from purchasing power parity (PPP) GDP estimates for North Korea that were made by Angus MADDISON in a study conducted for the OECD; his figure for 1999 was extrapolated to 2006 using estimated real growth rates for North Korea's GDP and an inflation factor based on the US GDP deflator; the result was rounded to the nearest $10 billion (2006 est.)
Korea, South $1.196 trillion (2006 est.)
Kuwait $55.96 billion (2006 est.)
Kyrgyzstan $10.73 billion (2006 est.)
Laos $13.74 billion (2006 est.)
Latvia $36.49 billion (2006 est.)
Lebanon $22.86 billion (2006 est.)
Lesotho $5.492 billion (2006 est.)
Liberia $2.821 billion (2006 est.)
Libya $72.34 billion (2006 est.)
Liechtenstein $1.786 billion (2001 est.)
Lithuania $54.9 billion (2006 est.)
Luxembourg $33.87 billion (2006 est.)
Macau $10 billion (2004)
Macedonia $16.96 billion
note: Macedonia has a large informal sector (2006 est.)
Madagascar $17.27 billion (2006 est.)
Malawi $8.272 billion (2006 est.)
Malaysia $313.2 billion (2006 est.)
Maldives $2.839 billion (2006 est.)
Mali $14.77 billion (2006 est.)
Malta $8.518 billion (2006 est.)
Marshall Islands $115 million (2001 est.)
Mauritania $8.124 billion (2006 est.)
Mauritius $17.02 billion (2006 est.)
Mayotte $953.6 million (2005 est.)
Mexico $1.149 trillion (2006 est.)
Micronesia, Federated States of $277 million; note - supplemented by grant aid, averaging perhaps $100 million annually (2002 est.)
Moldova $9.066 billion (2006 est.)
Monaco $976.3 million
note: Monaco does not publish national income figures; the estimates are extremely rough (2006 est.)
Mongolia $5.852 billion (2006 est.)
Montenegro $3.443 billion (2006 est.)
Montserrat $29 million (2002 est.)
Morocco $152.5 billion (2006 est.)
Mozambique $29.17 billion (2006 est.)
Namibia $15.27 billion (2006 est.)
Nauru $60 million (2005 est.)
Nepal $41.18 billion (2006 est.)
Netherlands $529.6 billion (2006 est.)
Netherlands Antilles $2.8 billion (2004 est.)
New Caledonia $3.158 billion (2003 est.)
New Zealand $106.9 billion (2006 est.)
Nicaragua $17.09 billion (2006 est.)
Niger $12.36 billion (2006 est.)
Nigeria $191.4 billion (2006 est.)
Niue $7.6 million (2000 est.)
Norfolk Island $NA
Northern Mariana Islands $900 million
note: GDP estimate includes US subsidy (2000 est.)
Norway $213.6 billion (2006 est.)
Oman $44.53 billion (2006 est.)
Pakistan $437.5 billion (2006 est.)
Palau $124.5 million
note: includes US subsidy (2004 est.)
Panama $26.16 billion (2006 est.)
Papua New Guinea $15.41 billion (2006 est.)
Paraguay $31.26 billion (2006 est.)
Peru $186.6 billion (2006 est.)
Philippines $449.8 billion (2006 est.)
Pitcairn Islands $NA
Poland $554.5 billion (2006 est.)
Portugal $210.1 billion (2006 est.)
Puerto Rico $75.82 billion (2006 est.)
Qatar $26.37 billion (2006 est.)
Romania $202.2 billion (2006 est.)
Russia $1.746 trillion (2006 est.)
Rwanda $13.7 billion (2006 est.)
Saint Helena $18 million (1998 est.)
Saint Kitts and Nevis $726 million (2006 est.)
Saint Lucia $1.179 billion (2006 est.)
Saint Pierre and Miquelon $48.3 million
note: supplemented by annual payments from France of about $60 million (2003 est.)
Saint Vincent and the Grenadines $864 million (2006 est.)
Samoa $1.218 billion (2006 est.)
San Marino $850 million (2004 est.)
Sao Tome and Principe $278 million (2006 est.)
Saudi Arabia $371.5 billion (2006 est.)
Senegal $21.54 billion (2006 est.)
Serbia $44.83 billion
note: data for Serbia includes Kosovo (2006 est.)
Seychelles $626 million (2002 est.)
Sierra Leone $5.452 billion (2006 est.)
Singapore $141.2 billion (2006 est.)
Slovakia $99.19 billion (2006 est.)
Slovenia $47.01 billion (2006 est.)
Solomon Islands $800 million (2002 est.)
Somalia $5.259 billion (2006 est.)
South Africa $587.5 billion (2006 est.)
Spain $1.109 trillion (2006 est.)
Sri Lanka $95.46 billion (2006 est.)
Sudan $97.19 billion (2006 est.)
Suriname $3.136 billion (2006 est.)
Svalbard $NA
Swaziland $6.018 billion (2006 est.)
Sweden $290.1 billion (2006 est.)
Switzerland $255.5 billion (2006 est.)
Syria $78.04 billion (2006 est.)
Taiwan $681.8 billion (2006 est.)
Tajikistan $9.521 billion (2006 est.)
Tanzania $29.64 billion (2006 est.)
Thailand $596.5 billion (2006 est.)
Timor-Leste $370 million (2004 est.)
Togo $9.29 billion (2006 est.)
Tokelau $1.5 million (1993 est.)
Tonga $178.5 million (2004 est.)
Trinidad and Tobago $21.06 billion (2006 est.)
Tunisia $91.04 billion (2006 est.)
Turkey $640.4 billion (2006 est.)
Turkmenistan $42.84 billion (2006 est.)
Turks and Caicos Islands $216 million (2002 est.)
Tuvalu $14.94 million (2002 est.)
Uganda $52.93 billion (2006 est.)
Ukraine $364.3 billion (2006 est.)
United Arab Emirates $129.5 billion (2006 est.)
United Kingdom $1.928 trillion (2006 est.)
United States $13.06 trillion (2006 est.)
Uruguay $37.54 billion (2006 est.)
Uzbekistan $55.75 billion (2006 est.)
Vanuatu $739 million (2006 est.)
Venezuela $186.3 billion (2006 est.)
Vietnam $262.5 billion (2006 est.)
Virgin Islands $1.577 billion (2004 est.)
Wallis and Futuna $60 million (2004 est.)
West Bank $5.327 billion (includes Gaza Strip) (2005 est.)
Western Sahara $NA
World GWP (gross world product): $65.96 trillion (2006 est.)
Yemen $20.46 billion (2006 est.)
Zambia $11.64 billion (2006 est.)
Zimbabwe $25.58 billion (2006 est.)

 

 

GDP at the existing exchange rate

 

Country
GDP (official exchange rate)
Afghanistan $8.8 billion (2006 est.)
Albania $9.306 billion (2006 est.)
Algeria $89.91 billion (2006 est.)
American Samoa $333.8 million (2005)
Andorra $NA
Angola $28.88 billion (2006 est.)
Anguilla $108.9 million (2004 est.)
Antigua and Barbuda $905 million (2005 est.)
Argentina $210 billion (2006 est.)
Armenia $6.6 billion (2006 est.)
Aruba $2.258 billion (2005 est.)
Australia $644.7 billion (2006 est.)
Austria $310.4 billion (2006 est.)
Azerbaijan $14.25 billion (2006 est.)
Bahamas, The $6.159 billion (2006 est.)
Bahrain $12.07 billion (2006 est.)
Bangladesh $69.21 billion (2006 est.)
Barbados $3.142 billion (2006 est.)
Belarus $28.98 billion (2006 est.)
Belgium $369.6 billion (2006 est.)
Belize $1.141 billion (2006 est.)
Benin $4.622 billion (2006 est.)
Bermuda $NA
Bhutan $840.5 million (2005 est.)
Bolivia $10.33 billion (2006 est.)
Bosnia and Herzegovina $9.234 billion (2006 est.)
Botswana $9.761 billion (2006 est.)
Brazil $967 billion (2006 est.)
British Virgin Islands $839.7 million (2003)
Brunei $9.531 billion (2005 est.)
Bulgaria $28.01 billion (2006 est.)
Burkina Faso $5.886 billion (2006 est.)
Burma $9.6 billion (2006 est.)
Burundi $785.5 million (2006 est.)
Cambodia $6.6 billion (2006 est.)
Cameroon $16.33 billion (2006 est.)
Canada $1.089 trillion (2006 est.)
Cape Verde $1.128 billion (2005 est.)
Cayman Islands $NA
Central African Republic $1.55 billion (2006 est.)
Chad $4.981 billion (2006 est.)
Chile $99.55 billion (2006)
China $2.527 trillion (2006 est.)
Colombia $106.8 billion (2006 est.)
Comoros $402 million (2005 est.)
Congo, Democratic Republic of the $7.98 billion (2006 est.)
Congo, Republic of the $5.098 billion (2006 est.)
Cook Islands $183.2 million (2005 est.)
Costa Rica $21.39 billion (2006 est.)
Cote d'Ivoire $17.19 billion (2006 est.)
Croatia $37.49 billion (2006 est.)
Cuba $40 billion (2006 est.)
Cyprus area under government control: $16.37 billion (2006 est.)
Czech Republic $119.1 billion (2006 est.)
Denmark $258 billion (2006 est.)
Djibouti $702 million (2005 est.)
Dominica $279 million (2005)
Dominican Republic $20.55 billion (2006 est.)
Ecuador $32.73 billion (2006 est.)
Egypt $85.37 billion (2006 est.)
El Salvador $15.16 billion (2006 est.)
Equatorial Guinea $7.644 billion (2005 est.)
Eritrea $1.244 billion (2005 est.)
Estonia $13.89 billion (2006 est.)
Ethiopia $13.32 billion (FY05/06 est.)
European Union $13.74 trillion (2006 est.)
Falkland Islands (Islas Malvinas) $NA
Faroe Islands $1.7 billion (2005 est.)
Fiji $2.045 billion (2006 est.)
Finland $197.9 billion (2006 est.)
France $2.151 trillion (2006 est.)
French Polynesia $3.8 billion (2002)
Gabon $6.945 billion (2006 est.)
Gambia, The $467.6 million (2006 est.)
Gaza Strip $3.45 billion (includes West Bank) (2003 est.)
Georgia $5.301 billion (2006 est.)
Germany $2.875 trillion (2006 est.)
Ghana $10.21 billion (2006 est.)
Gibraltar $NA
Greece $224 billion (2006 est.)
Greenland $1.7 billion (2005)
Grenada $454 million (2005)
Guam $2.773 billion (2001)
Guatemala $35.25 billion (2006 est.)
Guernsey $2.742 billion (2005)
Guinea $3.744 billion (2006 est.)
Guinea-Bissau $292.9 million (2006 est.)
Guyana $838.1 million (2006 est.)
Haiti $5.953 billion (2006 est.)
Honduras $8.48 billion (2006 est.)
Hong Kong $188.8 billion (2006 est.)
Hungary $113.2 billion (2006 est.)
Iceland $13.71 billion (2006 est.)
India $805.5 billion (2006 est.)
Indonesia $264.7 billion (2006 est.)
Iran $193.5 billion (2006 est.)
Iraq $40.66 billion (2006 est.)
Ireland $203.8 billion (2006 est.)
Isle of Man $2.719 billion (2005 est.)
Israel $140.3 billion (2006 est.)
Italy $1.785 trillion (2006 est.)
Jamaica $9.23 billion (2006 est.)
Japan $4.883 trillion (2006 est.)
Jersey $5.1 billion (2005 est.)
Jordan $12.53 billion (2006 est.)
Kazakhstan $53.6 billion (2006 est.)
Kenya $17.49 billion (2006 est.)
Kiribati $76.4 million (2005 est.)
Korea, North $NA (2006 est.)
Korea, South $897.4 billion (2006 est.)
Kuwait $60.77 billion (2006 est.)
Kyrgyzstan $2.255 billion (2006 est.)
Laos $2.795 billion (2006 est.)
Latvia $16.5 billion (2006 est.)
Lebanon $20.64 billion (2006 est.)
Lesotho $1.48 billion (2006 est.)
Liberia $902.9 million (2006 est.)
Libya $34.1 billion (2006 est.)
Liechtenstein $2.487 billion (2001)
Lithuania $30.2 billion (2006 est.)
Luxembourg $34.53 billion (2006 est.)
Macau $11.56 billion (2005)
Macedonia $5.601 billion (2006 est.)
Madagascar $5.059 billion (2006 est.)
Malawi $2.202 billion (2006 est.)
Malaysia $132.3 billion (2006 est.)
Maldives $906 million (2006 est.)
Mali $5.847 billion (2006 est.)
Malta $5.473 billion (2006 est.)
Marshall Islands $144 million (2005)
Mauritania $1.569 billion (2006 est.)
Mauritius $7.182 billion (2006 est.)
Mayotte $NA
Mexico $743.5 billion (2006 est.)
Micronesia, Federated States of $232 million (2005)
Moldova $2.573 billion (2006 est.)
Monaco $NA
Mongolia $1.54 billion (2006 est.)
Montenegro $2.27 billion (2006 est.)
Montserrat $NA
Morocco $58.13 billion (2006 est.)
Mozambique $6.323 billion (2006 est.)
Namibia $5.245 billion (2006 est.)
Nauru $NA
Nepal $6.948 billion (2006 est.)
Netherlands $613.3 billion (2006 est.)
Netherlands Antilles $NA
New Caledonia $3.3 billion (2003 est.)
New Zealand $98.39 billion (2006 est.)
Nicaragua $4.871 billion (2006 est.)
Niger $3.638 billion (2006 est.)
Nigeria $83.36 billion (2006 est.)
Niue $10.01 million (2003)
Northern Mariana Islands $633.4 million (2000)
Norway $264.4 billion (2006 est.)
Oman $27.25 billion (2006 est.)
Pakistan $124 billion (2006 est.)
Palau $145 million (2005)
Panama $16.47 billion (2006 est.)
Papua New Guinea $4.167 billion (2006 est.)
Paraguay $7.754 billion (2006 est.)
Peru $77.14 billion (2006 est.)
Philippines $116.9 billion (2006 est.)
Poland $337 billion (2006 est.)
Portugal $176.8 billion (2006 est.)
Puerto Rico $NA (2006 est.)
Qatar $30.76 billion (2006 est.)
Romania $80.11 billion (2006 est.)
Russia $733.6 billion (2006 est.)
Rwanda $1.968 billion (2006 est.)
Saint Helena $NA
Saint Kitts and Nevis $453 million (2005)
Saint Lucia $825 million (2005)
Saint Pierre and Miquelon $NA
Saint Vincent and the Grenadines $428 million (2005)
Samoa $399 million (2005)
San Marino $1.048 billion (2004)
Sao Tome and Principe $71.38 million (2005 est.)
Saudi Arabia $282 billion (2006 est.)
Senegal $8.331 billion (2006 est.)
Serbia $19.19 billion for Serbia alone (excluding Kosovo) (2006 est.)
Seychelles $712 million (2006 est.)
Sierra Leone $1.236 billion (2006 est.)
Singapore $122.1 billion (2006 est.)
Slovakia $47.72 billion (2006 est.)
Slovenia $37.92 billion (2006 est.)
Solomon Islands $286 million (2005)
Somalia $2.483 billion (2006 est.)
South Africa $201.4 billion (2006 est.)
Spain $1.084 trillion (2006 est.)
Sri Lanka $27.4 billion (2006 est.)
Sudan $25.43 billion (2006 est.)
Suriname $1.398 billion (2006 est.)
Swaziland $2.214 billion (2006 est.)
Sweden $372.5 billion (2006 est.)
Switzerland $386.1 billion (2006 est.)
Syria $24.26 billion (2006 est.)
Taiwan $346.7 billion (2006 est.)
Tajikistan $2.066 billion (2006 est.)
Tanzania $13.14 billion (2006 est.)
Thailand $197.7 billion (2006 est.)
Timor-Leste $349 million (2005)
Togo $2.089 billion (2006 est.)
Tokelau $NA
Tonga $244 million (2005 est.)
Trinidad and Tobago $14.87 billion (2006 est.)
Tunisia $33.33 billion (2006 est.)
Turkey $361.1 billion (2006 est.)
Turkmenistan $15.18 billion (2006 est.)
Turks and Caicos Islands $NA
Tuvalu $14.94 million (2002)
Uganda $8.526 billion (2006 est.)
Ukraine $82.36 billion (2006 est.)
United Arab Emirates $109.3 billion (2006 est.)
United Kingdom $2.346 trillion (2006 est.)
United States $13.16 trillion (2006 est.)
Uruguay $14.5 billion (2006 est.)
Uzbekistan $10.83 billion (2006 est.)
Vanuatu $341 million (2005)
Venezuela $149.9 billion (2006 est.)
Vietnam $48.43 billion (2006 est.)
Virgin Islands $NA
Wallis and Futuna $NA
West Bank $3.45 billion (includes Gaza Strip) (2003)
Western Sahara $NA
World $46.77 trillion (2006 est.)
Yemen $15.07 billion (2006 est.)
Zambia $5.795 billion (2006 est.)
Zimbabwe $3.156 billion (2006 est.)

 

 

 

 

GDP by sector

 

Country
GDP - composition by sector (%)
Afghanistan agriculture: 38%
industry: 24%
services: 38%
note: data exclude opium production (2005 est.)
Albania agriculture: 22.3%
industry: 20.9%
services: 56.9% (2006 est.)
Algeria agriculture: 8.4%
industry: 60.6%
services: 31% (2006 est.)
American Samoa agriculture: NA%
industry: NA%
services: NA%
Andorra agriculture: NA%
industry: NA%
services: NA%
Angola agriculture: 9.6%
industry: 65.8%
services: 24.6% (2005 est.)
Anguilla agriculture: 4%
industry: 18%
services: 78% (2002 est.)
Antigua and Barbuda agriculture: 3.8%
industry: 22%
services: 74.3% (2002 est.)
Argentina agriculture: 8.5%
industry: 35.9%
services: 55.6% (2006 est.)
Armenia agriculture: 18.2%
industry: 38.6%
services: 43.2% (2006 est.)
Aruba agriculture: 0.4%
industry: 33.3%
services: 66.3% (2002 est.)
Australia agriculture: 3.7%
industry: 26.2%
services: 70.1% (2006 est.)
Austria agriculture: 1.6%
industry: 30.6%
services: 67.8% (2006 est.)
Azerbaijan agriculture: 7.5%
industry: 63.5%
services: 28.9% (2006 est.)
Bahamas, The agriculture: 3%
industry: 7%
services: 90% (2001 est.)
Bahrain agriculture: 0.3%
industry: 45%
services: 54.6% (2006 est.)
Bangladesh agriculture: 19.7%
industry: 28%
services: 52.3% (2006 est.)
Barbados agriculture: 6%
industry: 16%
services: 78% (2000 est.)
Belarus agriculture: 9.2%
industry: 41.7%
services: 49.1% (2006 est.)
Belgium agriculture: 1%
industry: 24.3%
services: 74.7% (2006 est.)
Belize agriculture: 22.5%
industry: 14.8%
services: 62.6% (2006 est.)
Benin agriculture: 32.8%
industry: 13.7%
services: 53.5% (2006 est.)
Bermuda agriculture: 1%
industry: 10%
services: 89% (2002 est.)
Bhutan agriculture: 24.7%
industry: 37.2%
services: 38.1% (2005)
Bolivia agriculture: 12.6%
industry: 35.6%
services: 51.8% (2006 est.)
Bosnia and Herzegovina agriculture: 10.2%
industry: 23.9%
services: 66% (2006 est.)
Botswana agriculture: 1.6%
industry: 51.5% (including 36% mining)
services: 46.9% (2006 est.)
Brazil agriculture: 5.1%
industry: 30.9%
services: 64% (2006 est.)
British Virgin Islands agriculture: 1.8%
industry: 6.2%
services: 92% (1996 est.)
Brunei agriculture: 0.9%
industry: 71.6%
services: 27.5% (2005 est.)
Bulgaria agriculture: 8.5%
industry: 31.5%
services: 60% (2006 est.)
Burkina Faso agriculture: 30%
industry: 19%
services: 51% (2006 est.)
Burma agriculture: 54.7%
industry: 10.6%
services: 34.7% (2006 est.)
Burundi agriculture: 44.9%
industry: 20.9%
services: 34.1% (2006 est.)
Cambodia agriculture: 35.1%
industry: 26.2%
services: 38.6% (2006 est.)
Cameroon agriculture: 44.3%
industry: 15.7%
services: 40% (2006 est.)
Canada agriculture: 2.1%
industry: 29%
services: 68.9% (2006 est.)
Cape Verde agriculture: 9.6%
industry: 16.6%
services: 73.8% (2006 est.)
Cayman Islands agriculture: 1.4%
industry: 3.2%
services: 95.4% (1994 est.)
Central African Republic agriculture: 55%
industry: 20%
services: 25% (2001 est.)
Chad agriculture: 22.7%
industry: 47%
services: 30.3% (2006 est.)
Chile agriculture: 5.1%
industry: 49.8%
services: 45.2% (2006 est.)
China agriculture: 11.7%
industry: 48.9%
services: 39.3%
note: industry includes construction (2006 est.)
Colombia agriculture: 12%
industry: 35.6%
services: 52.4% (2006 est.)
Comoros agriculture: 40%
industry: 4%
services: 56% (2001 est.)
Congo, Democratic Republic of the agriculture: 55%
industry: 11%
services: 34% (2000 est.)
Congo, Republic of the agriculture: 5.6%
industry: 57.1%
services: 37.3% (2006 est.)
Cook Islands agriculture: 15.1%
industry: 9.6%
services: 75.3% (2004)
Costa Rica agriculture: 8.7%
industry: 28.9%
services: 62.4% (2006 est.)
Cote d'Ivoire agriculture: 27.7%
industry: 22.2%
services: 50.1% (2006 est.)
Croatia agriculture: 7.4%
industry: 31.8%
services: 60.8% (2006 est.)
Cuba agriculture: 4%
industry: 24.8%
services: 71.2% (2006 est.)
Cyprus area under government control: agriculture 3.2%; industry 19.5%; services 77.4% (2005 est.)
area administered by Turkish Cypriots: agriculture 10.6%; industry 20.5%; services 68.9% (2003 est.)
Czech Republic agriculture: 2.7%
industry: 39.1%
services: 58.2% (2006 est.)
Denmark agriculture: 1.6%
industry: 26.1%
services: 72.2% (2006 est.)
Djibouti agriculture: 17.9%
industry: 22.5%
services: 59.6% (2003 est.)
Dominica agriculture: 17.7%
industry: 32.8%
services: 49.5% (2004 est.)
Dominican Republic agriculture: 11.6%
industry: 28.6%
services: 59.8% (2006 est.)
Ecuador agriculture: 6.1%
industry: 35.3%
services: 58.6% (2006 est.)
Egypt agriculture: 14.1%
industry: 38.4%
services: 47.5% (2006 est.)
El Salvador agriculture: 10.1%
industry: 29.9%
services: 60% (2006 est.)
Equatorial Guinea agriculture: 3.1%
industry: 92%
services: 4.8% (2006 est.)
Eritrea agriculture: 21.9%
industry: 22.6%
services: 55.5% (2006 est.)
Estonia agriculture: 3.2%
industry: 29.1%
services: 67.8% (2006 est.)
Ethiopia agriculture: 48.3%
industry: 13%
services: 38.7% (2006 est.)
European Union agriculture: 2.1%
industry: 27.3%
services: 70.5% (2006 est.)
Falkland Islands (Islas Malvinas) agriculture: 95%
industry: NA%
services: NA%
Faroe Islands agriculture: 27%
industry: 11%
services: 62% (1999)
Fiji agriculture: 8.9%
industry: 13.5%
services: 77.6% (2004 est.)
Finland agriculture: 2.5%
industry: 32.3%
services: 65.1% (2006 est.)
France agriculture: 2%
industry: 20.7%
services: 77.2% (2006 est.)
French Polynesia agriculture: 3.1%
industry: 19%
services: 76.9% (2005)
Gabon agriculture: 6%
industry: 58.4%
services: 35.6% (2006 est.)
Gambia, The agriculture: 32.9%
industry: 9.6%
services: 57.5% (2006 est.)
Gaza Strip agriculture: 8%
industry: 18.2%
services: 73.9% (includes West Bank) (2005 est.)
Georgia agriculture: 15%
industry: 28.3%
services: 56.7% (2006 est.)
Germany agriculture: 1%
industry: 30%
services: 69.1% (2006 est.)
Ghana agriculture: 37.3%
industry: 25.3%
services: 37.5% (2006 est.)
Gibraltar agriculture: NA%
industry: NA%
services: NA%
Greece agriculture: 3.3%
industry: 20.8%
services: 75.9% (2006 est.)
Greenland agriculture: NA%
industry: NA%
services: NA%
Grenada agriculture: 5.4%
industry: 18%
services: 76.6% (2003)
Guam agriculture: NA%
industry: NA%
services: NA%
Guatemala agriculture: 22.2%
industry: 19.1%
services: 58.7% (2006 est.)
Guernsey agriculture: 3%
industry: 10%
services: 87% (2000)
Guinea agriculture: 23.2%
industry: 38.2%
services: 38.6% (2006 est.)
Guinea-Bissau agriculture: 62%
industry: 12%
services: 26% (1999 est.)
Guyana agriculture: 34.9%
industry: 19.4%
services: 45.7% (2006 est.)
Haiti agriculture: 28%
industry: 20%
services: 52% (2004 est.)
Honduras agriculture: 13.8%
industry: 31.1%
services: 55.1% (2006 est.)
Hong Kong agriculture: 0.1%
industry: 8.6%
services: 91.3% (2006 est.)
Hungary agriculture: 3.4%
industry: 31.5%
services: 65.1% (2006 est.)
Iceland agriculture: 5.6%
industry: 25%
services: 69.4% (2006 est.)
India agriculture: 17.5%
industry: 27.9%
services: 54.6% (2005 est.)
Indonesia agriculture: 12.9%
industry: 47%
services: 40.1% (2006 est.)
Iran agriculture: 11%
industry: 44.9%
services: 44.1% (2006 est.)
Iraq agriculture: 7.3%
industry: 66.6%
services: 26.1% (2004 est.)
Ireland agriculture: 5%
industry: 46%
services: 49% (2002 est.)
Isle of Man agriculture: 1%
industry: 13%
services: 86% (2000 est.)
Israel agriculture: 2.5%
industry: 30.3%
services: 67.2% (2006 est.)
Italy agriculture: 1.9%
industry: 28.9%
services: 69.2% (2006 est.)
Jamaica agriculture: 5.4%
industry: 33.8%
services: 60.8% (2006 est.)
Japan agriculture: 1.5%
industry: 25.6%
services: 73% (2006 est.)
Jersey agriculture: 1%
industry: 2%
services: 97% (2005)
Jordan agriculture: 3.9%
industry: 10.3%
services: 85.8% (2006 est.)
Kazakhstan agriculture: 5.7%
industry: 39.8%
services: 54.4% (2006 est.)
Kenya agriculture: 24%
industry: 16.7%
services: 59.2% (2004 est.)
Kiribati agriculture: 8.9%
industry: 24.2%
services: 66.8% (2004)
Korea, North agriculture: 30%
industry: 34%
services: 36% (2002 est.)
Korea, South agriculture: 3.2%
industry: 39.6%
services: 57.2% (2006 est.)
Kuwait agriculture: 0.4%
industry: 56.9%
services: 42.8% (2006 est.)
Kyrgyzstan agriculture: 33%
industry: 20.1%
services: 46.9% (2006 est.)
Laos agriculture: 42.7%
industry: 31%
services: 26.2% (2006 est.)
Latvia agriculture: 3.7%
industry: 21.5%
services: 74.8% (2006 est.)
Lebanon agriculture: 5.1%
industry: 18.4%
services: 76.5% (2005)
Lesotho agriculture: 18.2%
industry: 40.8%
services: 41% (2006 est.)
Liberia agriculture: 76.9%
industry: 5.4%
services: 17.7% (2002 est.)
Libya agriculture: 2.2%
industry: 79.5%
services: 18.3% (2006 est.)
Liechtenstein agriculture: 6%
industry: 39%
services: 55% (2001)
Lithuania agriculture: 5.5%
industry: 35%
services: 59.6% (2006 est.)
Luxembourg agriculture: 1%
industry: 13%
services: 86% (2005 est.)
Macau agriculture: 0.1%
industry: 7.2%
services: 92.7% (2002 est.)
Macedonia agriculture: 12.6%
industry: 29.5%
services: 57.9% (2006 est.)
Madagascar agriculture: 28.2%
industry: 16.3%
services: 55.5% (2006 est.)
Malawi agriculture: 36.1%
industry: 18.8%
services: 45.1% (2006 est.)
Malaysia agriculture: 8.8%
industry: 47.1%
services: 44.1% (2006 est.)
Maldives agriculture: 16%
industry: 7%
services: 77% (2006 est.)
Mali agriculture: 45%
industry: 17%
services: 38% (2001 est.)
Malta agriculture: 2.7%
industry: 22.3%
services: 74.9% (2003 est.)
Marshall Islands agriculture: 31.7%
industry: 14.9%
services: 53.4% (2004 est.)
Mauritania agriculture: 25%
industry: 29%
services: 46% (2001 est.)
Mauritius agriculture: 5.2%
industry: 25.2%
services: 69.6% (2006 est.)
Mayotte agriculture: NA%
industry: NA%
services: NA%
Mexico agriculture: 3.9%
industry: 26.7%
services: 69.4% (2006 est.)
Micronesia, Federated States of agriculture: 28.9%
industry: 15.2%
services: 55.9% (2004 est.)
Moldova agriculture: 21.5%
industry: 22%
services: 56.5% (2006 est.)
Monaco agriculture: 0%
industry: 4.9%
services: 95.1% (2005)
Mongolia agriculture: 21.7%
industry: 27.9%
services: 50.4% (2003 est.)
Montenegro agriculture: NA%
industry: NA%
services: NA%
Montserrat agriculture: 1.2%
industry: 23.1%
services: 75.7% (1999 est.)
Morocco agriculture: 17.3%
industry: 37%
services: 45.7% (2006 est.)
Mozambique agriculture: 22.8%
industry: 29.5%
services: 47.7% (2006 est.)
Namibia agriculture: 10.9%
industry: 30.6%
services: 58.5% (2006 est.)
Nauru agriculture: NA%
industry: NA%
services: NA%
Nepal agriculture: 38%
industry: 20%
services: 42% (FY05/06 est.)
Netherlands agriculture: 2.2%
industry: 24.1%
services: 73.7% (2006 est.)
Netherlands Antilles agriculture: 1%
industry: 15%
services: 84% (2000 est.)
New Caledonia agriculture: 15%
industry: 8.8%
services: 76.2% (2003)
New Zealand agriculture: 4.3%
industry: 26.9%
services: 68.8% (2006 est.)
Nicaragua agriculture: 17.2%
industry: 25.9%
services: 56.9% (2006 est.)
Niger agriculture: 39%
industry: 17%
services: 44% (2001)
Nigeria agriculture: 17.3%
industry: 54.3%
services: 28.4% (2006 est.)
Niue agriculture: 23.5%
industry: 26.9%
services: 49.5% (2003)
Northern Mariana Islands agriculture: NA%
industry: NA%
services: NA%
Norway agriculture: 2.4%
industry: 43.5%
services: 54.1% (2006 est.)
Oman agriculture: 2.3%
industry: 39.1%
services: 58.6% (2006 est.)
Pakistan agriculture: 19.4%
industry: 27.2%
services: 53.4% (2006 est.)
Palau agriculture: 6.2%
industry: 12%
services: 81.8% (2003)
Panama agriculture: 7.3%
industry: 16.5%
services: 76.3% (2006 est.)
Papua New Guinea agriculture: 36.1%
industry: 36.7%
services: 27.2% (2006 est.)
Paraguay agriculture: 21.4%
industry: 18.6%
services: 60.1% (2006 est.)
Peru agriculture: 8.7%
industry: 26.2%
services: 65.1% (2006 est.)
Philippines agriculture: 14.1%
industry: 31.6%
services: 54.2% (2006 est.)
Poland agriculture: 4.5%
industry: 31.7%
services: 63.8% (2006 est.)
Portugal agriculture: 8%
industry: 25.8%
services: 66.2% (2006 est.)
Puerto Rico agriculture: 1%
industry: 45%
services: 54% (2002 est.)
Qatar agriculture: 0.1%
industry: 75.8%
services: 24.1% (2006 est.)
Romania agriculture: 9.1%
industry: 34.9%
services: 56% (2006 est.)
Russia agriculture: 4.9%
industry: 39.3%
services: 55.8% (2006 est.)
Rwanda agriculture: 39.9%
industry: 20.3%
services: 39.7% (2006 est.)
Saint Helena agriculture: NA%
industry: NA%
services: NA%
Saint Kitts and Nevis agriculture: 3.5%
industry: 25.8%
services: 70.7% (2001)
Saint Lucia agriculture: 5%
industry: 15%
services: 80% (2005 est.)
Saint Martin agriculture: 1%
industry: 15%
services: 84%
Saint Pierre and Miquelon agriculture: NA%
industry: NA%
services: NA%
Saint Vincent and the Grenadines agriculture: 10%
industry: 26%
services: 64% (2001 est.)
Samoa agriculture: 11.4%
industry: 58.4%
services: 30.2% (2004 est.)
San Marino agriculture: NA%
industry: NA%
services: NA%
Sao Tome and Principe agriculture: 15%
industry: 13.7%
services: 71.3% (2006 est.)
Saudi Arabia agriculture: 3%
industry: 63.6%
services: 33.4% (2006 est.)
Senegal agriculture: 16.6%
industry: 19.2%
services: 64.1% (2006 est.)
Serbia agriculture: 16.6%
industry: 25.5%
services: 57.9% (2005 est.)
Seychelles agriculture: 2.5%
industry: 26.3%
services: 71.2% (2006 est.)
Sierra Leone agriculture: 49%
industry: 31%
services: 21% (2001 est.)
Singapore agriculture: 0%
industry: 34.8%
services: 65.2% (2006 est.)
Slovakia agriculture: 3.6%
industry: 31.6%
services: 64.8% (2006 est.)
Slovenia agriculture: 2.3%
industry: 34.5%
services: 63.2% (2006 est.)
Solomon Islands agriculture: 42%
industry: 11%
services: 47% (2000 est.)
Somalia agriculture: 65%
industry: 10%
services: 25% (2000 est.)
South Africa agriculture: 2.7%
industry: 30.9%
services: 66.4% (2006 est.)
Spain agriculture: 3.9%
industry: 29.7%
services: 66.4% (2006 est.)
Sri Lanka agriculture: 16.5%
industry: 27.1%
services: 56.5% (2006 est.)
Sudan agriculture: 38.4%
industry: 24.3%
services: 37.2% (2006 est.)
Suriname agriculture: 13%
industry: 22%
services: 65% (2001)
Swaziland agriculture: 11.9%
industry: 46.1%
services: 41.9% (2006 est.)
Sweden agriculture: 1.4%
industry: 29%
services: 69.6% (2006 est.)
Switzerland agriculture: 1.5%
industry: 34%
services: 64.5% (2003 est.)
Syria agriculture: 24.8%
industry: 25.1%
services: 50.1% (2005 est.)
Taiwan agriculture: 1.5%
industry: 26.8%
services: 71.7% (2006 est.)
Tajikistan agriculture: 23%
industry: 28%
services: 49% (2006 est.)
Tanzania agriculture: 43.2%
industry: 18.1%
services: 38.7% (2006 est.)
Thailand agriculture: 10.7%
industry: 44.6%
services: 44.7% (2006 est.)
Timor-Leste agriculture: 8.5%
industry: 23.1%
services: 68.4% (2004)
Togo agriculture: 40%
industry: 25%
services: 35% (2003 est.)
Tokelau agriculture: NA%
industry: NA%
services: NA%
Tonga agriculture: 23%
industry: 27%
services: 50% (FY03/04 est.)
Trinidad and Tobago agriculture: 0.7%
industry: 59.8%
services: 39.4% (2006 est.)
Tunisia agriculture: 12.5%
industry: 33.1%
services: 54.4% (2006 est.)
Turkey agriculture: 9.3%
industry: 31%
services: 59.7% (2006 est.)
Turkmenistan agriculture: 17.7%
industry: 39.2%
services: 43.2% (2006 est.)
Turks and Caicos Islands agriculture: NA%
industry: NA%
services: NA%
Tuvalu agriculture: 16.6%
industry: 27.2%
services: 56.2% (2002)
Uganda agriculture: 31.4%
industry: 24.6%
services: 44% (2006 est.)
Ukraine agriculture: 10.2%
industry: 32.9%
services: 57% (2006 est.)
United Arab Emirates agriculture: 2%
industry: 62.7%
services: 35.2% (2006 est.)
United Kingdom agriculture: 0.9%
industry: 24.1%
services: 75% (2006 est.)
United States agriculture: 0.9%
industry: 20.9%
services: 78.2% (2006 est.)
Uruguay agriculture: 9.3%
industry: 31.6%
services: 59.1% (2006 est.)
Uzbekistan agriculture: 27.6%
industry: 29.4%
services: 43% (2006 est.)
Vanuatu agriculture: 26%
industry: 12%
services: 62% (2000 est.)
Venezuela agriculture: 3.7%
industry: 40.5%
services: 55.9% (2006 est.)
Vietnam agriculture: 20%
industry: 41.9%
services: 38.2% (2006 est.)
Virgin Islands agriculture: 1%
industry: 19%
services: 80% (2003 est.)
Wallis and Futuna agriculture: NA%
industry: NA%
services: NA%
West Bank agriculture: 8%
industry: 18.2%
services: 73.9% (includes Gaza Strip) (2005 est.)
Western Sahara agriculture: NA%
industry: NA%
services: 40%
World agriculture: 4%
industry: 32%
services: 64% (2004 est.)
Yemen agriculture: 12.4%
industry: 42.2%
services: 45.4% (2006 est.)
Zambia agriculture: 18%
industry: 25.7%
services: 56.3% (2006 est.)
Zimbabwe agriculture: 16.7%
industry: 21.6%
services: 61.6% (2006 est.)

 

 

GDP Growth rates (by country)

 

Rank
Country
GDP - real growth rate
(%)
Date of Information
1
Azerbaijan 34.50 2006 est.
2
Equatorial Guinea 18.60 2005 est.
3
Maldives 18.00 2006 est.
4
Angola 16.10 2006 est.
5
Mauritania 14.10 2006 est.
6
Armenia 13.40 2006 est.
7
Kuwait 12.70 2006 est.
8
Latvia 11.90 2006 est.
9
Trinidad and Tobago 11.70 2006 est.
10
Estonia 11.40 2006 est.
11
China 11.10 2006 est.
12
Cuba 11.10 2006 est.
13
Liechtenstein 11.00 1999 est.
14
Dominican Republic 10.70 2006 est.
15
Cyprus 10.60 2006 est.
16
Kazakhstan 10.60 2006 est.
17
Ethiopia 10.60 2006 est.
18
Cambodia 10.50 2006 est.
19
Venezuela 10.30 2006 est.
20
Anguilla 10.20 2004 est.
21
Belarus 9.90 2006 est.
22
Georgia 9.40 2006 est.
23
India 9.40 2006 est.
24
Morocco 9.40 2006 est.
25
Sudan 9.30 2006 est.
26
United Arab Emirates 8.90 2006 est.
27
Bhutan 8.80 2005 est.
28
Argentina 8.50 2006 est.
29
Malawi 8.50 2006 est.
30
Laos 8.30 2006 est.
31
Slovakia 8.30 2006 est.
32
Vietnam 8.20 2006 est.
33
Panama 8.10 2006 est.
34
Afghanistan 8.00 2006 est.
35
Peru 8.00 2006 est.
36
Costa Rica 7.90 2006 est.
37
Mozambique 7.90 2006 est.
38
Singapore 7.90 2006 est.
39
Liberia 7.80 2006 est.
40
Romania 7.70 2006 est.
41
Lithuania 7.50 2006 est.
42
Mongolia 7.50 2006 est.
43
Sri Lanka 7.40 2006 est.
44
Uzbekistan 7.30 2006 est.
45
Bahrain 7.10 2006 est.
46
Sierra Leone 7.10 2006 est.
47
Qatar 7.10 2006 est.
48
Ukraine 7.10 2006 est.
49
Tajikistan 7.00 2006 est.
50
Uruguay 7.00 2006 est.
51
Hong Kong 6.90 2006 est.
52
Colombia 6.80 2006 est.
53
Egypt 6.80 2006 est.
54
Vanuatu 6.80 2005 est.
55
Macau 6.70 NA
56
Russia 6.70 2006 est.
57
Oman 6.60 2006 est.
58
Pakistan 6.60 2006 est.
59
Gambia, The 6.50 2006 est.
60
Bangladesh 6.40 2006 est.
61
Congo, Democratic Republic of the 6.40 2006 est.
62
Burkina Faso 6.40 2006 est.
63
Jordan 6.40 2006 est.
64
Czech Republic 6.40 2006 est.
65
Bosnia and Herzegovina 6.20 2006 est.
66
Niue 6.20 2003 est.
67
Lesotho 6.20 2006 est.
68
Luxembourg 6.20 2006 est.
69
Bulgaria 6.10 2006 est.
70
Poland 6.10 2006 est.
71
Turkey 6.10 2006 est.
72
Kenya 6.10 2006 est.
73
Congo, Republic of the 6.10 2006 est.
74
Ghana 6.00 2006 est.
75
Honduras 6.00 2006 est.
76
Turkmenistan 6.00 2006 est.
77
Malaysia 5.90 2006 est.
78
Serbia 5.90 2005 est.
79
Tanzania 5.90 2006 est.
80
Libya 5.80 2006 est.
81
Rwanda 5.80 2006 est.
82
Zambia 5.80 2006 est.
83
Ireland 5.70 2006 est.
84
Cape Verde 5.50 2005 est.
85
Indonesia 5.50 2006 est.
86
Samoa 5.50 2005 est.
87
Palau 5.50 2005 est.
88
Botswana 5.40 2006 est.
89
Philippines 5.40 2006 est.
90
Nigeria 5.30 2006 est.
91
World 5.30 2006 est.
92
Uganda 5.30 2006 est.
93
Isle of Man 5.20 2005
94
Tunisia 5.20 2006 est.
95
Slovenia 5.20 2006 est.
96
Burundi 5.10 2006 est.
97
French Polynesia 5.10 2002
98
Saint Lucia 5.10 2005 est.
99
Mali 5.10 2006 est.
100
Israel 5.10 2006 est.
101
Albania 5.00 2006 est.
102
Thailand 5.00 2006 est.
103
South Africa 5.00 2006 est.
104
Suriname 5.00 2006 est.
105
Mauritius 5.00 2006 est.
106
Korea, South 5.00 2006 est.
107
Finland 4.90 2006 est.
108
Gaza Strip 4.90 2005 est.
109
Turks and Caicos Islands 4.90 2000 est.
110
West Bank 4.90 2005 est.
111
Saint Vincent and the Grenadines 4.90 2005 est.
112
Saint Kitts and Nevis 4.90 2005 est.
113
Croatia 4.80 2006 est.
114
Mexico 4.80 2006 est.
115
Guyana 4.70 2006 est.
116
Madagascar 4.70 2006 est.
117
Taiwan 4.70 2006 est.
118
Bermuda 4.60 2004 est.
119
Guatemala 4.60 2006 est.
120
San Marino 4.60 2004 est.
121
Norway 4.60 2006 est.
122
Bolivia 4.50 2006 est.
123
Sweden 4.50 2006 est.
124
Solomon Islands 4.40 2005 est.
125
Sao Tome and Principe 4.40 2006 est.
126
Greece 4.30 2006 est.
127
Saudi Arabia 4.30 2006 est.
128
Iran 4.30 2006 est.
129
El Salvador 4.20 2006 est.
130
Ecuador 4.10 2006 est.
131
Bahamas, The 4.00 2006 est.
132
Benin 4.00 2006 est.
133
Syria 4.00 2006 est.
134
Paraguay 4.00 2006 est.
135
Moldova 4.00 2006 est.
136
Chile 4.00 2006 est.
137
Cameroon 3.90 2006 est.
138
Hungary 3.90 2006 est.
139
Spain 3.90 2006 est.
140
Antigua and Barbuda 3.80 2005 est.
141
Cyprus 3.80 2006 est.
142
Brazil 3.70 2006 est.
143
Nicaragua 3.70 2006 est.
144
Papua New Guinea 3.70 2006 est.
145
Andorra 3.50 2005 est.
146
Barbados 3.50 2006 est.
147
Belize 3.50 2006 est.
148
Marshall Islands 3.50 2005 est.
149
Niger 3.50 2006 est.
150
Denmark 3.50 2006 est.
151
Central African Republic 3.50 2006 est.
152
Austria 3.30 2006 est.
153
Djibouti 3.20 2005 est.
154
European Union 3.20 2006 est.
155
Dominica 3.10 2005 est.
156
Macedonia 3.10 2006 est.
157
Fiji 3.10 2006 est.
158
American Samoa 3.00 2003
159
Burma 3.00 2006 est.
160
Netherlands 3.00 2006 est.
161
Guernsey 3.00 2005 est.
162
Comoros 3.00 2005 est.
163
Belgium 3.00 2006 est.
164
Algeria 2.90 2006 est.
165
Namibia 2.90 2006 est.
166
United States 2.90 2006 est.
167
Malta 2.90 2006 est.
168
Canada 2.80 2006 est.
169
United Kingdom 2.80 2006 est.
170
Germany 2.80 2006 est.
171
Australia 2.70 2006 est.
172
Switzerland 2.70 2006 est.
173
Kyrgyzstan 2.70 2006 est.
174
Iceland 2.60 2006 est.
175
Yemen 2.60 2006 est.
176
Somalia 2.60 2006 est.
177
Jamaica 2.50 2006 est.
178
Aruba 2.40 2005 est.
179
Tonga 2.40 2005 est.
180
Faroe Islands 2.40 2005 est.
181
Haiti 2.30 2006 est.
182
France 2.20 2006 est.
183
Japan 2.20 2006 est.
184
Guinea 2.20 2006 est.
185
Guinea-Bissau 2.10 2006 est.
186
Swaziland 2.10 2006 est.
187
Eritrea 2.00 2005 est.
188
Greenland 2.00 2005 est.
189
Virgin Islands 2.00 2002 est.
190
Togo 2.00 2006 est.
191
Senegal 2.00 2006 est.
192
Italy 1.90 2006 est.
193
Iraq 1.90 2006 est.
194
Nepal 1.90 2006 est.
195
Timor-Leste 1.80 2005 est.
196
Korea, North 1.60 2006 est.
197
New Zealand 1.50 2006 est.
198
Chad 1.30 2006 est.
199
Portugal 1.30 2006 est.
200
Gabon 1.20 2006 est.
201
Tuvalu 1.20 2002 est.
202
Cote d'Ivoire 1.20 2006 est.
203
Netherlands Antilles 1.00 2004 est.
204
British Virgin Islands 1.00 2002 est.
205
Cayman Islands 0.90 2004 est.
206
Monaco 0.90 2000 est.
207
Grenada 0.90 2005 est.
208
Puerto Rico 0.50 2006 est.
209
Brunei 0.40 2005 est.
210
Micronesia, Federated States of 0.30 2005 est.
211
Kiribati 0.30 2005
212
Cook Islands 0.10 2005 est.
213
Montserrat -1.00 2002 est.
214
Seychelles -1.00 2006 est.
215
Lebanon -2.80 2006 est.
216
Zimbabwe -4.10 2006 est.

 

 source:  https://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html

 

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