The average GDP of The Netherlands is 876,970 making it the 16th wealthiest country in the whole world.
For the Netherlands (GDP = $511 billion), trade value exceeded GDP, for as high as 107 percent of GDP (due to reexport).
GDP Growth Rate in Netherlands averaged 0.5 Percent from 1988 until 2014.
The Netherlands is a very wealthy country (17th in the world by GDP). As such it requires no foreign aid.
India ____ China in aggregate GDP, though that was divided among 300 million people. Great Britain, the Netherlands and the United States in per capita terms.
Depends on what you mean by richest. In total GDP then yes, but per capita GDP is lower than many other European countries like the Netherlands, Switzerland, Norway etc.
Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.
TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)
Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is: GDP (2013)/ GDP (1990) * 100%
Potential GDP is the total numerical value of GDP before inflation is counted in. Real GDP is nominal GDP adjusted for inflation
It is 100*(New GDP - Old GDP)/Old GDP
the GDP would be overstated
[ (GDP 2006 - GDP 2005) / GDP 2005] X 100 ---- ----