Gross domestic product (GDP) is a monetary measure of the value of all final goods and services produced in a period of time. GDP estimates are commonly used to determine the economic performance and standard of living of a whole country or region, and to make international comparisons.

GDP is not a complete measure of economic activity. It accounts for final output or value added at each stage of production, but not total output or total sales along the entire production process. It deliberately leaves out business-to-business (B2B) transactions in the early and intermediate stages of production, as well as sales of used goods.

GDP attempts to measure the “use” economy, i.e., the value of finished goods and services ready to be used by consumers, business and government. GDP is similar to the “bottom line” (earnings) of an accounting statement, which determined the “value added” or the value of final use. GO is an estimate of the “make” economy, i.e., the monetary value of sales at all stages of production. Thus, GO is similar to the “top line” (revenues or sales) of an accounting statement. GDP and GO are not mutually exclusive, but complementary ways to examine what’s happening in an economy.

Gross Domestic Product at Nominal values in 3D Visualization

Country GDP (S$) Luxembourg 103187 Switzerland 82178 Qatar 78829 Norway 76266 United States 55904 Singapore 53224 Australia 51642 Denmark 51424 Iceland 51068 San Marino 49139 Sweden 48966 Ireland 48940 Netherlands 44333 United Kingdom 44118 Canada 43935 Austria 43547 Finland 42159 Hong Kong 42097 Germany 41267 Belgium 40456 France 37728 New Zealand 36963 Israel 35702 United Arab Emirates 35392 Japan 32481 Kuwait 29983 Italy 29847 Brunei 27759 Korea, Republic of 27513 Spain 26327 Bahamas 24394 Bahrain 23899 Taiwan 22083 Malta 21540 Cyprus 21531 Slovenia 20712 Trinidad and Tobago 20380 Saudi Arabia 20139 Portugal 18984 Greece 17657 Estonia 17425 Czech Republic 17330 Uruguay 16092 Barbados 15912 Slovakia 15893 Oman 15672 Saint Kitts and Nevis 14618 Palau 14600 Seychelles 14466 Antigua and Barbuda 14391 Lithuania 14318 Latvia 13729 Argentina 13428 Chile 13331 Poland 12662 Equatorial Guinea 12541 Hungary 12021 Lebanon 11945 Panama 11850 Croatia 11551 Kazakhstan 11028 Costa Rica 10672 Malaysia 10073 Mexico 9592 Turkey 9290 Mauritius 9187 Suriname 9052 Grenada 8971 Romania 8807 Brazil 8802 Maldives 8714 Gabon 8581 Russian Federation 8447 SaintLucia 8410 China 8280 Dominica 7602 Turkmenistan 7534 Saint Vincent

and the Grenadines 6959 Azerbaijan 6794 Dominican Republic 6664 Belarus 6583 Bulgaria 6582 Montenegro 6373 Botswana 6150 Ecuador 6077 Namibia 5787 South Africa 5784 Colombia 5687 Peru 5638 Jordan 5600 Thailand 5426 Serbia 5102 Fiji 5086 Iran, Islamic Republic of 5048 Jamaica 4912 Macedonia, The

Former Yugoslav Republic of 4867 Belize 4842 Libyan Arab Jamahiriya 4754 Iraq 4694 Samoa 4481 Algeria 4345 Tonga 4311 Venezuela 4263 Albania 4200 Mongolia 4179 Paraguay 4142 Angola 4062 Bosnia and Herzegovina 4030 El Salvador 4023 Guyana 3993 Tunisia 3985 Kosovo 3898 Guatemala 3886 Swaziland 3848 Sri Lanka 3768 Georgia 3720 Armenia 3547 Marshall Islands 3527 Indonesia 3412 East Timor 3330 Tuvalu 3130 Cape Verde 3127 Morocco 3077 Philippines 2951 Bolivia 2915 Vanuatu 2872 Bhutan 2837 Nigeria 2758 Honduras 2365 Papua New Guinea 2332 Sudan 2194 Vietnam 2171 Uzbekistan 2130 Ukraine 2109 Solomon Islands 2050 Congo 2031 Nicaragua 1965 Djibouti 1805 Lao People’s Democratic Repbulic 1785 Moldova, Republic of 1740 India 1688 Zambia 1576 Kiribati 1443 Kenya 1432 Pakistan 1427 Ghana 1401 Cote d’Ivoire 1319 Burma 1269 Bangladesh 1266 Mauritania 1262 Yemen 1235 Cameroon 1234 Kyrgyzstan 1198 Cambodia 1140 South Sudan 1083 Lesotho 1063 Zimbabwe 1037 Chad 1011 Tanzania 969 Tajikistan 949 Senegal 935 Haiti 830 Nepal 751 Rwanda 743 Comoros 737 Benin 709 Ethiopia 702 Sierra Leone 675 Mali 672 Burkina Faso 631 Eritrea 630 Mozambique 626 Uganda 625 Afghanistan 615 Korea,

Democratic People’s Republic of 583 Guinea-Bissau 582 Togo 578 Guinea 546 Congo, The

Democratic Republic of the 478 Liberia 469 Niger 403 Madagascar 393 Gambia 384 Malawi 353 Central African Republic 339 Burundi 315 Syrian

Arab Republic 100

Via vividmaps.com & wikipedia.org

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– GNI at Current Prices (US dollars)

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