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GDP stands for

Updated: 4/28/2022
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Gross Domestic Product

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The GDP gap measures the difference between?

nominal GDP and real GDP.


The top ten richest country?

World's Top Ten Richest Countries by GDP The Richest Country by GDP is the US with an annual GDP of $14.8 trillion. # United States of America. GDP = $14,839bn, GDP per head = $48,400, PPP = $48,400 # Japan. GDP = $5,388bn, GDP per head = $42,310, PPP = $35,710 # China. GDP = $4,818bn, GDP per head = $3,600, PPP = $6,830 # Germany. GDP = $3,440bn, GDP per head = $41,550, PPP = $36,100 # France. GDP = $2,734bn, GDP per head = $43,910, PPP = $35,750 # United Kingdom. GDP = $2,442bn, GDP per head = $39,470, PPP = $36,820 # Italy. GDP = $2,334bn, GDP per head = $40,150, PPP = $32,210 # Russia. GDP = $1,680bn, GDP per head = $11,880, PPP = $16,300 # Spain. GDP = $1,581bn, GDP per head = $34,540, PPP = $32,120 # Canada. GDP = $1,468bn, GDP per head = $43,860, PPP = $40,540 Source: Economist Intelligence Unit, The World in 2009. World's Top Ten Richest Countries by PPP It is clear from the above figures that the world's richest countries by GDP may not be the same when adjusted for PPP. The GDP per head in PPP (USA = 100), 2006, looks like this:# Luxembourg 172 # Qatar 160.8 # Bermuda 159.0 # Channel Islands 117.9 # Norway 113.9 # Brunei 113.5 # Singapore 101.7 # = Macau 100, USA 100 # Cayman Islands 99.6 # Kuwait 99.1


What is England GDP?

The GDP of England is $2522.26 billion dollars and the service industry accounts for the majority of England's GDP. England's GDP has increased annually 0.8 percent.


What was the GDP of us in 1919?

In the year 1919, the GDP of US was at 78.3. The GDP rose to 88.4 in the following year.


What is is the worlds richest country?

Here is a list of the richest countries Luxembourg (GDP per capita: $119,719) Norway (GDP per capita: $86,362) Switzerland (GDP per capita: $83,832) Ireland (GDP per capita: $81,477) Iceland (GDP per capita: $78,181) Qatar (GDP per capita: $65,062) The United States of America (GDP per capita: $64,906) Denmark (GDP per capita: $63,434) Singapore (GDP per capita: $62,690) Australia (GDP per capita: $58,824) so I know the USA is the richest country but this is the richest countries by GDP.

Related questions

What is Morocco's GDP?

gdp stands for gross demestic product


Does Austria has a gdp?

Yes. GDP stands for Gross Domestic Product, all nations have a GDP


What does GDP stands for?

It stands for Gross Domestic Product


Gdp per capita India?

The GDP per capita for India is $1503 dollars. GDP stands for gross domestic product and is the value of goods that a country produces.


Is a GDP how much you earn every year?

GDP stands for Gross Domestic Product. This is usually used to measure the economic output of a government entity, such as a country.


What is GDP deflator?

GDP stands for Gross Domestic Product, which is the total value of goods and services produced within a specified time frame. A GDP deflator is a measure of the change in prices of all new goods and services in an economy.


Why does higher saving lead to higher GDP in the future?

The reason higher saving leads to higher GDP in the future is because additional capital becomes available for investment, which results in higher output via capital deepening. GDP stands for gross domestic product.


What is the GNP of Togo?

Their GDP is $5.428 billion. GDP stands for Gross Domestic Product. GDP is the measure of an economy (adopted by the United States in 1991); the total market values of goods and services produced by workers and capital within a nation's borders during a given period.


What is GPD in economics?

GDP stands for Gross Domestic Product. It's the sum of all goods and services produced in a country.


What is the GDP of China?

In 2010, the IMF estimate of China's GDP was 5.88 trillion USD, overtaking Japan and thus placing it as the second largest economy based on GDP in the world, behind USA. GDP stands for Gross Domestic Product and is defined as the total market value of all the goods and services produced within the borders of a nation during a specified period.


What is the best measurement for comparing the standard of living between two countries?

The best measurement for comparing the standard of living between two countries is the GDP in conjunction with the economic growth. GDP stands for Gross Domestic product.


What does the common acronym GDP mean?

GDP stands for Gross Domestic Product. Gross Domestic Product is the market value of all the recognized, official goods and service produced within a country in a certain amount of time.