GDP - Gross Domestic Product

In the above table we publish these rankings:

• Countries by GDP
• Countries by GDP per capita
• Countries by quarterly GDP
• Countries by quarterly GDP per capita

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.