The combined GDP of all Central American countries (Guatemala, Honduras, Belize, Nicaragua, El Salvador, Costa Rica and Panama) equals US$ 313.44 billion, or approximately 1.9% of the United States' GDP.
Because of China's secrecy and the unreliability of the figures they publish, it is very difficult to tell how much bigger the GDP of the US is compared to China. Even so, experts estimate that there isn't much difference between both countries and China will have a larger GDP than the US by 2017.
The 2012 estimate for the US' GDP was $15,650,000,000,000.
GDP is purchases from consumers, investments and purchases from businesses, government spending, and net exports, and most of GDP comes from consumer spending. Americans have a lot of money compared to the rest of the world, so we spend a lot of money.
In the year 1919, the GDP of US was at 78.3. The GDP rose to 88.4 in the following year.
GDP can be low compared to the US due to several factors, including a smaller population, less diverse economic sectors, and lower levels of industrialization. Additionally, countries with lower GDP may have less access to capital, technology, and infrastructure, which can hinder economic growth. Political stability, government policies, and external trade relations also play a significant role in influencing a nation's GDP. Finally, the overall economic maturity and productivity levels in comparison to the US can contribute to these disparities.
Developing because it's GDP per capita is US$11000 compared to Australia with US$39600
Million Dollars 1o. Estados Unidos 14 264 600 7o. Brasil 2 181 677
oil makes up approximately 2.6 percent of the US GDP. The Us has a GDP of 13,926.7 billion dollars, and oil the oil market in the US is worth about 366.2 billion.
The GDP of haiti is $6.95 Billion US Dollars
No, other countries calculate their GDP in terms of their own currency. It is common for GDP to be converted to US dollars for comparisons.
Compared to US yes, but compared to the world it is an average country with a high standard of living. Armenia HDI is at 76th compared to 210 countries. The average GDP per capita is about $5.500 however the cost of living there is cheaper as almost 95% of the populations owns their house and is fully paid off!
$201 BillionPPP was the GDP of Israel in 2008. "PPP" is their currency.