This video includes a list of countries of the world sorted by their gross domestic product (GDP), the market value of all final goods and services from a nation in a given year. The GDP dollar estimates presented here are calculated at market or government official exchange rates. The list includes 2008 data from the International Monetary Fund.
The gross domestic product (GDP) or gross domestic income (GDI) is a basic measure of a country's economic performance and is the market value of all final goods and services made within the borders of a nation in a year . It is a fundamental measurement of production and is very often positively correlated with the standard of living. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period—that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits).
The most common approach to measuring and quantifying GDP is the expenditure method:
GDP = private consumption + gross investment + government spending + (exports − imports), or,
GDP = C + I + G + (X − M).
"Gross" means that depreciation of capital stock is not subtracted out of GDP. If net investment (which is gross investment minus depreciation) is substituted for gross investment in the equation above, then the formula for net domestic product is obtained. Consumption and investment in this equation are expenditure on final goods and services. The exports-minus-imports part of the equation (often called net exports) adjusts this by subtracting the part of this expenditure not produced domestically (the imports), and adding back in domestic area (the exports).
Equatorial Guinea, Bosnia and Herzegovina, Jordan, Tanzania, Bahrain, El Salvador, Panama, Estonia, Côte d'Ivoire, Cameroon, Trinidad and Tobago, Cyprus, Ethiopia, Yemen, Myanmar, Uzbekistan, Lebanon, Costa Rica, Kenya, Uruguay, Latvia, Guatemala, Sri Lanka, Tunisia, Dominican Republic, Azerbaijan, Lithuania, Serbia, Bulgaria, Ecuador, Oman, Slovenia, Syria, Luxembourg, Sudan, Belarus, Croatia, Bangladesh, Angola, Morocco, Vietnam, Iraq, Slovakia, Libya, Qatar, Peru, New Zealand, Kazakhstan, Hungary, Kuwait, Algeria, Egypt, Pakistan, Philippines, Chile, Ukraine, Singapore, Romania, Israel, Nigeria, Hong Kong, Czech Republic, Malaysia, Colombia, Portugal, United Arab Emirates, Thailand, Ireland, Finland, South Africa, Venezuela, Argentina, Denmark, Iran, Greece, Taiwan, Austria, Norway, Saudi Arabia, Sweden, Switzerland, Belgium, Indonesia, Poland, Turkey, Netherlands, South Korea, Australia, Mexico, India, Canada, Brazil, Spain, Russia, Italy, United Kingdom, France, Germany, China, Japan, United States Of America 1 2 3 4 5 6 7 8 9 10
US first LOL...give me a break!!
jabbadabb 3 months ago 6
US has a massive economy and an invincible military,but its not that great to live here anymore.
repoman174 2 months ago