GDP - Gross Domestic Product

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Comparison: Annual GDP 1959
CountriesDateAnnual GDPAnnual GDPGDP Growth (%)
United States [+]1959
$521,700M
6.9%
United Kingdom [+]1959
$68,474M
4.7%
France [+]1959€42,477M
2.6%
Australia [+]1959
$18,562M
India [+]1959
$33,335M
2.6%
South Korea [+]1959
$1,978M
5.6%
Peru [+]1959
3.2%
Sweden [+]1959
$14,540M
5.4%
< GDP 1958GDP 1960 >
Comparison: GDP per capita 1959
CountriesDateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
United States [+]1959$2,945
6.6%
United Kingdom [+]1959$1,312
South Korea [+]1959$81
1.1%
Sweden [+]1959$1,946
< GDP 1958GDP 1960 >
Comparison: Quarterly GDP 1959
CountriesDateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
United States [+]1959Q4
$132,150M
0.3%4.6%
United Kingdom [+]1959Q4
$17,680M
2.3%7.3%
France [+]1959Q4€11,059M
Australia [+]1959Q4
$4,558M
< GDP 1958GDP 1960 >
Comparison: Qu. GDP Per Capita 1959
CountriesDateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
United States [+]1959Q4$746
4.0%
-1.0%
United Kingdom [+]1959Q4$339
< GDP 1958GDP 1960 >
Comparison: Annual GDP 1959
Countries

In the above table we publish these rankings:

Gross domestic product(GDP) refers to the market value of all final goods and services produced in a country in a given period. GDP per capita (GDP per citizen) is often considered an indicator of a country's standard of living.

Here we publish the nominal GDP, also called GDP at current prices, not adjusted for inflation.

Its formula is:

GDP = C + I + G + X-M

where:

C = Consumption I = Investment, G = government expenditure, X = Exports, M = imports

GDP per capita also called GDP per citizen or GDP per person is obtained by dividing GDP by the number of habitants. Represents the value of goods and services produced by different countries and it is used to compare the welfare of the inhabitants each of them.

GDP per capita = GDP / number of habitants

GDP per capita is often considered a country's standard of living.

The growth rate of gross domestic product is the change experimenting by GDP (gross domestic product) over a period of time. The real economic growth rate is calculated used real GDP (at constant prices), adjusted for inflation.

Is the ratio between real GDP and real GDP of period n-1, expressed in percentage.

Annual rate of growth in n (%) = [(GDP period n - GDP period (n-1) / GDP period (n-1)] x 100

It is used as a measure of economic growth.