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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of ...
v. t. e. Gross Domestic Product ( GDP) is a monetary measure of the market value [2] of all the final goods and services produced and rendered in a specific time period by a country [3] or countries. [4] [5] [6] GDP is often used to measure the economic health of a country or region. [3] Definitions of GDP are maintained by several national and ...
Four UN members (Cuba, Liechtenstein, Monaco and North Korea) do not belong to the IMF hence their economies are not ranked below. Kosovo, despite not being a member of the United Nations, is a member of IMF. Taiwan is not a IMF member but it is still listed in the official IMF indices. Several leading GDP-per-capita (nominal) jurisdictions may ...
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
Real gross domestic product ( real GDP) is a macroeconomic measure of the value of economic output adjusted for price changes (i.e. inflation or deflation ). [1] This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output. Although GDP is total output, it is primarily useful because it closely ...
The United States is the largest economy in North America, comprising over 86% of the continent's gross domestic product. United States (86.14%) Canada (6.70%) Mexico (5.33%) Other (1.83%) Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries in North America are sorted by ...
From 2004 to 2009, the gross regional domestic product (GRDP) of Eastern Visayas grew at an average rate of 3.6 percent. This was short of the RDP target of 6.1 percent and the national growth rate of 4.8 percent. The region's contribution to the national economy remains at 2.2 percent.
This is a list of country subdivisions by gross domestic product (nominal) per capita in the world, ordered by GDP per capita (from 2008). Entries are limited to those entities exceeding 50,000 U.S. dollars. Those subdivisions which are the largest (in GDP per capita terms) in their respective countries are shown in bold.