Former British colonies Compared by Economy > GDP > Official exchange rate per capita
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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. Figures expressed per capita for the same year.
CONTENTS
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# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Qatar | $72,297.57 | 2010 | ||
2 | Australia | $55,290.43 | 2010 | ||
3 | United States | $47,264.02 | 2010 | ||
4 | Singapore | $46,073.24 | 2010 | ||
5 | Canada | $45,829.42 | 2010 | ||
6 | Kuwait | $39,210.05 | 2010 | ||
7 | New Zealand | $31,594.85 | 2010 | ||
8 | Brunei | $29,857.53 | 2010 | ||
9 | United Arab Emirates | $28,395.30 | 2010 | ||
10 | Israel | $26,404.85 | 2010 | ||
11 | The Bahamas | $20,909.96 | 2010 | ||
12 | Bahrain | $17,362.98 | 2010 | ||
13 | Trinidad and Tobago | $15,962.71 | 2010 | ||
14 | Barbados | $14,133.58 | 2010 | ||
15 | Antigua and Barbuda | $12,598.44 | 2010 | ||
16 | Saint Kitts and Nevis | $10,735.02 | 2010 | ||
17 | Malaysia | $7,745.13 | 2010 | ||
18 | Botswana | $6,347.30 | 2010 | ||
19 | Grenada | $6,161.81 | 2010 | ||
20 | Saint Lucia | $5,637.07 | 2010 | ||
21 | Dominica | $5,269.30 | 2010 | ||
22 | Namibia | $5,254.78 | 2010 | ||
23 | Jamaica | $5,086.63 | 2010 | ||
24 | Belize | $4,637.15 | 2010 | ||
25 | Jordan | $4,487.26 | 2010 | ||
26 | Maldives | $4,399.84 | 2010 | ||
27 | Fiji | $3,665.06 | 2010 | ||
28 | Guyana | $2,794.72 | 2010 | ||
29 | Egypt | $2,776.79 | 2010 | ||
30 | Swaziland | $2,652.65 | 2010 | ||
31 | Sri Lanka | $2,335.74 | 2010 | ||
32 | Bhutan | $1,948.56 | 2010 | ||
33 | Sudan | $1,849.27 | 2010 | ||
34 | Tuvalu | $1,567.68 | 2002 | ||
35 | Yemen | $1,318.81 | 2010 | ||
36 | Nigeria | $1,294.24 | 2010 | ||
37 | Zambia | $1,187.11 | 2010 | ||
38 | India | $1,186.11 | 2010 | ||
39 | Pakistan | $1,009.53 | 2010 | ||
40 | Lesotho | $895.51 | 2010 | ||
41 | Kenya | $792.49 | 2010 | ||
42 | Ghana | $744.35 | 2010 | ||
43 | Burma | $686.48 | 2010 | ||
44 | Bangladesh | $662.36 | 2010 | ||
45 | The Gambia | $618.81 | 2010 | ||
46 | Uganda | $503.72 | 2010 | ||
47 | Tanzania | $498.74 | 2010 | ||
48 | Zimbabwe | $426.25 | 2010 | ||
49 | Malawi | $335.36 | 2010 | ||
50 | Sierra Leone | $330.50 | 2010 | ||
51 | Somalia | $246.16 | 2010 |
Citation
Interesting observations about Economy > GDP > Official exchange rate per capita
- Qatar ranked first for GDP > official exchange rate per capita amongst Hot countries in 2010.
- United States ranked first for GDP > official exchange rate per capita amongst Heavily indebted countries in 2010.
- Liechtenstein ranked first for GDP > official exchange rate per capita amongst Christian countries in 2008.
- Australia ranked second for GDP > official exchange rate per capita amongst Former British colonies in 2010.
- Luxembourg ranked first for GDP > official exchange rate per capita amongst European Union in 2010.
- Kuwait ranked second for GDP > official exchange rate per capita amongst Muslim countries in 2010.
- Iraq ranked first for GDP > official exchange rate per capita amongst Failed states in 2010.
- Equatorial Guinea ranked first for GDP > official exchange rate per capita amongst Sub-Saharan Africa in 2010.
- Norway ranked third for GDP > official exchange rate per capita globally in 2010.
- Estonia ranked first for GDP > official exchange rate per capita amongst Emerging markets in 2010.