Europe Compared by Economy > GDP > Official exchange rate > Per capita
- Home
- Country Info
- Stats
- Economy
- GDP
- Official exchange rate
- Per capita
DEFINITION:
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 offical 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-a-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 artifically 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. Per capita figures expressed per 1 population.
CONTENTS
# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Liechtenstein | $147,254.91 per capita | 2008 | ||
2 | Luxembourg | $104,421.43 per capita | 2010 | ||
3 | Norway | $84,595.13 per capita | 2007 | ||
4 | Switzerland | $66,408.19 per capita | 2010 | ||
5 | Iceland | $66,240.30 per capita | 2007 | ||
6 | Ireland | $62,933.70 per capita | 2007 | ||
7 | Denmark | $57,039.71 per capita | 2007 | ||
8 | Sweden | $50,414.75 per capita | 2007 | ||
9 | Finland | $46,769.47 per capita | 2007 | ||
10 | Netherlands | $46,389.35 per capita | 2007 | ||
11 | United Kingdom | $45,626.38 per capita | 2007 | ||
12 | Austria | $45,598.77 per capita | 2007 | ||
13 | Belgium | $43,648.01 per capita | 2007 | ||
14 | Germany | $40,315.05 per capita | 2007 | ||
15 | Spain | $35,576.38 per capita | 2007 | ||
16 | France | $35,240.62 per capita | 2006 | ||
17 | Italy | $33,599.20 per capita | 2010 | ||
18 | Greece | $29,384.60 per capita | 2007 | ||
19 | Cyprus | $27,014.79 per capita | 2007 | ||
20 | Slovenia | $22,933.99 per capita | 2007 | ||
21 | Portugal | $20,981.25 per capita | 2007 | ||
22 | Malta | $18,460.74 per capita | 2007 | ||
23 | Czech Republic | $17,137.98 per capita | 2007 | ||
24 | Slovakia | $16,264.13 per capita | 2010 | ||
25 | Estonia | $16,171.29 per capita | 2007 | ||
26 | Hungary | $13,901.01 per capita | 2007 | ||
27 | Poland | $12,307.90 per capita | 2010 | ||
28 | Latvia | $12,098.36 per capita | 2007 | ||
29 | Croatia | $11,430.32 per capita | 2007 | ||
30 | Lithuania | $10,725.96 per capita | 2007 | ||
31 | Turkey | $9,889.72 per capita | 2010 | ||
32 | Russia | $9,124.49 per capita | 2007 | ||
33 | Romania | $7,451.95 per capita | 2007 | ||
34 | Azerbaijan | $5,798.34 per capita | 2010 | ||
35 | Bulgaria | $5,409.09 per capita | 2007 | ||
36 | Belarus | $4,603.73 per capita | 2007 | ||
37 | Bosnia and Herzegovina | $4,246.54 per capita | 2010 | ||
38 | Albania | $3,693.27 per capita | 2010 | ||
39 | Ukraine | $3,034.57 per capita | 2007 | ||
40 | Armenia | $2,683.36 per capita | 2007 | ||
41 | Georgia | $2,531.33 per capita | 2010 | ||
42 | Moldova | $1,503.17 per capita | 2010 |
Citation
Interesting observations about Economy > GDP > Official exchange rate > Per capita
- Liechtenstein ranked first for GDP > official exchange rate > per capita amongst Cold countries in 2008.
- 11 of the bottom 131 countries by GDP > official exchange rate > per capita are European.
- 12 of the bottom 205 countries by GDP > official exchange rate > per capita are Western European.
- 100 of the bottom 205 countries by GDP > official exchange rate > per capita are Christian.
- 20 of the bottom 129 countries by GDP > official exchange rate > per capita are Catholic.
- 26 of the bottom 75 countries by GDP > official exchange rate > per capita are Landlocked.