Gross Domestic Product (GDP) by Country in Current US Dollars 1979
Discover the Gross Domestic Product (GDP) by country in current US dollars, a key indicator of economic performance. This statistic reveals the financial health and growth potential of nations, making it essential for investors and policymakers.
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Complete Data Rankings
Rank | ||
|---|---|---|
1 |  Afghanistan | NaN $ |
2 |  Albania | NaN $ |
3 |  Canada | 243,891,124,295.715 $ |
4 |  Brazil | 221,338,204,480.222 $ |
5 |  China | 178,573,913,043.478 $ |
6 |  Belgium | 116,315,456,796.918 $ |
7 |  Denmark | 70,393,030,602.547 $ |
8 |  Algeria | 33,243,706,859.66 $ |
9 |  American Samoa | NaN $ |
10 |  Colombia | 27,940,411,250.273 $ |
11 |  China, Hong Kong SAR | 22,526,184,533.17 $ |
12 |  Chile | 22,249,574,627.691 $ |
13 |  Cuba | 19,584,443,287.671 $ |
14 |  Congo, Democratic Republic of the | 15,068,422,236.366 $ |
15 |  Brunei Darussalam | 6,044,367,628.285 $ |
16 |  Cameroon | 5,919,002,982.602 $ |
17 |  Bolivia | 4,421,336,382.944 $ |
18 |  Benin | 1,186,231,019.82 $ |
19 |  Andorra | 411,548,748.355 $ |
20 |  Angola | NaN $ |
21 |  Argentina | 69,252,328,951.644 $ |
22 |  Bangladesh | 15,565,480,321.945 $ |
23 |  Côte d'Ivoire | 9,142,933,966.795 $ |
24 |  Costa Rica | 4,035,519,323.221 $ |
25 |  Bahrain | 2,710,160,739.187 $ |
26 |  Burkina Faso | 1,748,480,620.524 $ |
27 |  Cyprus | 1,288,699,776.051 $ |
28 |  Congo | 1,198,749,667.429 $ |
29 |  Chad | 1,004,316,496.351 $ |
30 |  Botswana | 819,870,258.783 $ |
31 |  Cambodia | 723,738,502.678 $ |
32 |  Antigua and Barbuda | 109,596,296.296 $ |
33 |  Armenia | NaN $ |
34 |  Aruba | NaN $ |
35 |  Australia | 135,093,718,050.665 $ |
36 |  Austria | 73,647,694,287.185 $ |
37 |  Azerbaijan | NaN $ |
38 |  Bahamas | 1,139,800,100 $ |
39 |  Burundi | 782,496,666.667 $ |
40 |  Central African Republic | 700,764,747.756 $ |
41 |  Barbados | 670,362,452.145 $ |
42 |  Belarus | NaN $ |
43 |  Bermuda | 517,200,000 $ |
44 |  Belize | 151,800,000 $ |
45 |  Bhutan | 105,377,995.201 $ |
46 |  Bosnia and Herzegovina | NaN $ |
47 |  Bulgaria | NaN $ |
48 |  Cabo Verde | NaN $ |
49 |  Cayman Islands | NaN $ |
50 |  China, Macao SAR | NaN $ |
51 |  Comoros | NaN $ |
52 |  Croatia | NaN $ |
53 |  Curaçao | NaN $ |
54 |  Czech Republic | NaN $ |
55 |  Djibouti | NaN $ |
56 |  Japan | 1,077,910,077,676.371 $ |
57 |  Germany | 884,574,218,333.155 $ |
58 |  France | 608,218,624,730.188 $ |
59 |  Italy | 394,584,507,107.9 $ |
60 |  India | 152,995,442,497.709 $ |
61 |  Iran | 90,391,877,325.929 $ |
62 |  Greece | 53,724,121,435.143 $ |
63 |  Indonesia | 51,400,186,342.889 $ |
64 |  Finland | 44,469,218,439.933 $ |
65 |  Iraq | 37,816,457,839.485 $ |
66 |  Kuwait | 24,749,063,922.48 $ |
67 |  Israel | 22,609,741,059.839 $ |
68 |  Hungary | 19,959,731,324.801 $ |
69 |  Ireland | 18,319,334,300.451 $ |
70 |  Egypt | 18,020,571,428.571 $ |
71 |  Ecuador | 14,175,160,902.072 $ |
72 |  Guinea | 8,877,094,497.45 $ |
73 |  Guatemala | 6,902,600,200 $ |
74 |  Ethiopia | 6,586,048,398.068 $ |
75 |  Kenya | 6,234,391,113.464 $ |
76 |  Dominican Republic | 5,498,800,000 $ |
77 |  Ghana | 4,020,227,920.228 $ |
78 |  El Salvador | 3,463,639,900 $ |
79 |  Jordan | 3,271,368,780.653 $ |
80 |  Gabon | 3,030,251,120.098 $ |
81 |  Iceland | 2,953,176,971.072 $ |
82 |  Honduras | 2,778,900,000 $ |
83 |  Jamaica | 2,425,064,229.042 $ |
84 |  Haiti | 1,080,600,000 $ |
85 |  Fiji | 1,019,691,460.174 $ |
86 |  Dominica | 55,017,758.889 $ |
87 |  Equatorial Guinea | NaN $ |
88 |  Eritrea | NaN $ |
89 |  Estonia | NaN $ |
90 |  French Polynesia | 1,215,032,463.673 $ |
91 |  Guyana | 530,440,000 $ |
92 |  Faroe Islands | 448,568,492.659 $ |
93 |  Greenland | 420,645,821.54 $ |
94 |  Eswatini | 412,093,133.761 $ |
95 |  Lesotho | 290,134,592.523 $ |
96 |  Gambia | 207,112,627.726 $ |
97 |  Georgia | NaN $ |
98 |  Grenada | 102,244,362.222 $ |
99 |  Guam | NaN $ |
100 |  Guinea-Bissau | 308,143,183.312 $ |
101 |  Isle of Man | NaN $ |
102 |  Kazakhstan | NaN $ |
103 |  Kiribati | 34,466,197.033 $ |
104 |  Kosovo | NaN $ |
105 |  Kyrgyzstan | NaN $ |
106 |  Laos | NaN $ |
107 |  Latvia | NaN $ |
108 |  Lebanon | NaN $ |
109 |  Netherlands | 179,933,827,309.678 $ |
110 |  Mexico | 134,531,900,898.926 $ |
111 |  Norway | 53,132,244,623.921 $ |
112 |  Nigeria | 47,259,911,894.273 $ |
113 |  Philippines | 31,218,296,292.13 $ |
114 |  Libya | 30,536,429,496.945 $ |
115 |  Portugal | 26,622,819,672.131 $ |
116 |  Malaysia | 21,213,264,962.014 $ |
117 |  New Zealand | 20,731,243,113.293 $ |
118 |  Pakistan | 19,688,383,838.384 $ |
119 |  Peru | 15,954,012,439.166 $ |
120 |  Morocco | 15,911,994,817.311 $ |
121 |  Puerto Rico | 12,750,000,000 $ |
122 |  Qatar | 5,632,962,996.826 $ |
123 |  Luxembourg | 5,516,982,663.731 $ |
124 |  Oman | 3,733,352,634.627 $ |
125 |  Panama | 3,704,551,600 $ |
126 |  Madagascar | 3,463,565,853.81 $ |
127 |  Paraguay | 3,416,777,777.778 $ |
128 |  Papua New Guinea | 2,293,760,510.961 $ |
129 |  Niger | 2,109,277,665.699 $ |
130 |  Nepal | 1,851,250,008.333 $ |
131 |  Mali | 1,595,422,955.644 $ |
132 |  Nicaragua | 1,567,599,981.698 $ |
133 |  Mauritius | 1,227,446,632.176 $ |
134 |  Monaco | 1,209,870,147.491 $ |
135 |  Rwanda | 1,109,346,130.953 $ |
136 |  New Caledonia | 1,047,225,723.574 $ |
137 |  Malta | 1,001,288,846.84 $ |
138 |  Myanmar | 952,265,043.438 $ |
139 |  Mauritania | 951,900,945.252 $ |
140 |  Liberia | 814,067,900 $ |
141 |  Liechtenstein | 503,173,104.392 $ |
142 |  Lithuania | NaN $ |
143 |  Malawi | NaN $ |
144 |  Micronesia (Fed. States of) | 60,270,778 $ |
145 |  Saint Kitts and Nevis | 58,840,740.741 $ |
146 |  Nauru | 44,431,330.228 $ |
147 |  Maldives | 38,523,364.486 $ |
148 |  Marshall Islands | 25,545,346 $ |
149 |  Mongolia | NaN $ |
150 |  Montenegro | NaN $ |
151 |  Mozambique | NaN $ |
152 |  Namibia | NaN $ |
153 |  Northern Mariana Islands | NaN $ |
154 |  North Macedonia | NaN $ |
155 |  Romania | NaN $ |
156 |  Saint Vincent and the Grenadines | 71,096,359.63 $ |
157 |  Palau | 27,004,251 $ |
158 |  Poland | NaN $ |
159 |  Republic of Moldova | NaN $ |
160 |  Russia | NaN $ |
161 |  Saint Lucia | NaN $ |
162 |  Saint Martin (French part) | NaN $ |
163 |  Samoa | 122,257,392.883 $ |
164 |  San Marino | NaN $ |
165 |  United States | 2,627,333,000,000 $ |
166 |  United Kingdom | 438,994,070,309.191 $ |
167 |  Spain | 214,448,666,336.143 $ |
168 |  Sweden | 123,207,527,699.377 $ |
169 |  Saudi Arabia | 111,858,444,786.224 $ |
170 |  Turkey | 89,616,129,032.258 $ |
171 |  South Africa | 63,038,658,088.912 $ |
172 |  Venezuela | 48,310,930,232.558 $ |
173 |  United Arab Emirates | 31,225,659,620.995 $ |
174 |  Syrian Arab Republic | 9,929,681,528.662 $ |
175 |  Tanzania | 9,804,637,490.819 $ |
176 |  Singapore | 9,296,921,723.835 $ |
177 |  Sudan | 8,418,407,786.606 $ |
178 |  Tunisia | 7,188,863,903.637 $ |
179 |  Uruguay | 7,181,182,224.112 $ |
180 |  Zimbabwe | 5,180,102,910.117 $ |
181 |  Trinidad and Tobago | 4,602,416,625 $ |
182 |  Senegal | 4,084,877,822.917 $ |
183 |  Sri Lanka | 3,364,611,432.241 $ |
184 |  Sao Tome and Principe | 65,755,928.136 $ |
185 |  Serbia | NaN $ |
186 |  Zambia | 3,353,445,378.151 $ |
187 |  Uganda | 2,139,025,000 $ |
188 |  Togo | 1,259,365,711.535 $ |
189 |  Sierra Leone | 1,109,374,911.303 $ |
190 |  Seychelles | 127,261,099.224 $ |
191 |  Sint Maarten (Dutch part) | NaN $ |
192 |  Slovakia | NaN $ |
193 |  Slovenia | NaN $ |
194 |  Switzerland | 114,970,094,424.731 $ |
195 |  South Korea | 68,083,884,297.521 $ |
196 |  Somalia | 589,566,929.134 $ |
197 |  Solomon Islands | 151,276,496.483 $ |
198 |  South Sudan | NaN $ |
199 |  State of Palestine | NaN $ |
200 |  Suriname | 782,500,000 $ |
201 |  Tajikistan | NaN $ |
202 |  Thailand | 27,371,650,824.509 $ |
203 |  Timor-Leste | NaN $ |
204 |  Tonga | 44,667,002.012 $ |
205 |  Turkmenistan | NaN $ |
206 |  Turks and Caicos Islands | NaN $ |
207 |  Tuvalu | 4,065,659.434 $ |
208 |  Ukraine | NaN $ |
209 |  United States Virgin Islands | NaN $ |
210 |  Uzbekistan | NaN $ |
211 |  Vanuatu | 119,258,835.336 $ |
212 |  Vietnam | NaN $ |
213 |  Yemen | NaN $ |
↑Top 10 Countries
Analysis: These countries represent the highest values in this dataset, showcasing significant scale and impact on global statistics.
↓Bottom 10 Countries
- #213Yemen
- #212Vietnam
- #211Vanuatu
- #210Uzbekistan
- #209United States Virgin Islands
- #208Ukraine
- #207Tuvalu
- #206Turks and Caicos Islands
- #205Turkmenistan
- #204Tonga
Context: These countries or territories have the lowest values, often due to geographic size, administrative status, or specific characteristics.
Analysis & Context
The Gross Domestic Product (GDP) by country in current US dollars is a critical measure of economic performance, offering insights into the financial health and growth potential of nations globally. For the year 1979, this data highlights the economic standings of various countries, reflecting broader geopolitical and economic trends. Understanding these patterns is essential for policymakers, investors, and economic analysts to gauge global economic dynamics.
Global Economic Landscape of 1979
In 1979, the global economic landscape was dominated by the United States, which maintained its position as the world's largest economy with a GDP of $2,627,333,000,000. This figure underscores the extensive economic influence of the US, driven by its advanced industrial sector and robust consumer market. Japan followed as the second-largest economy, with a GDP of $1,077,910,076,776.37, reflecting its rapid post-war industrial growth and technological advancement. Western European countries, including Germany, France, and the United Kingdom, also featured prominently in the top 10 economies, showcasing a strong regional economic presence.
Wealth Distribution Patterns
The distribution of economic wealth in 1979 was markedly uneven, with significant disparities between the world's richest and poorest nations. The GDP figures reveal a stark contrast, with the United States and Japan alone accounting for a substantial portion of global economic output. Conversely, smaller nations like Tuvalu, with a GDP of just $4,065,659.43, illustrate the challenges faced by lesser-developed economies. This disparity highlights ongoing development issues, where smaller and less industrialized countries struggle to achieve significant economic growth.
Regional Economic Contrasts
Analyzing the GDP figures geographically, clear regional contrasts emerge. North America and Western Europe were the economic powerhouses, with countries like Canada and the Netherlands reflecting stable growth and prosperity. Meanwhile, Latin America and Africa presented a mixed economic picture. For instance, Brazil, with a GDP of $221,338,204,480.22, was an emerging economy in South America, indicating potential for growth. However, Argentina faced a significant economic downturn, with a GDP decrease of approximately 22.2% from the previous year, emphasizing regional volatility.
Economic Growth Trends
The year 1979 marked varied growth trends across different economies. Notably, the United Kingdom experienced a remarkable GDP increase of 30.7%, highlighting a period of economic revitalization. Similarly, France and Germany saw growth rates of 21.2% and 19.0%, respectively, underscoring the resilience of Western European economies during this period. Conversely, several countries faced economic contractions. Argentina's GDP decline was the most significant, driven by political and financial instability. Other countries, like Nicaragua and the Democratic Republic of the Congo, also experienced notable decreases, reflecting regional challenges.
Policy Impact and Economic Reforms
The economic outcomes of 1979 were also heavily influenced by policy decisions and reforms. In the United States, economic policies focusing on deregulation and monetary control underpinned growth and stability. Japan continued to benefit from export-driven economic strategies, while Western European nations leveraged European Economic Community policies to bolster trade and economic integration. However, in countries like Argentina, policy missteps contributed to economic turmoil, demonstrating the critical role of governance in shaping economic trajectories.
The 1979 GDP data by country in current US dollars provides a snapshot of global economic disparities and dynamics. It illustrates the concentration of economic power in certain regions and highlights the challenges faced by developing nations in achieving substantial growth. These insights into the global economic landscape of 1979 continue to be relevant for understanding long-term economic trends and informing future policy decisions.
Insights by country
Togo
Togo ranked 100th out of 213 countries in terms of Gross Domestic Product (GDP) for the year 1979, with a total GDP of approximately $1,259,365,711.54 in current US dollars. This positioning reflects the country’s economic status during a period marked by various socio-economic challenges.
The GDP value of Togo during this time was influenced by several factors, including its reliance on agriculture, which constituted a significant portion of the economy, along with the export of commodities such as phosphate and coffee. The political climate, characterized by a series of governance changes, also played a role in shaping economic performance.
Notably, in the late 1970s, Togo was experiencing the impacts of global economic trends, including fluctuations in commodity prices and the effects of regional instability. This economic backdrop contributed to Togo's development challenges, yet the country's GDP indicates a foundation for growth that would evolve in the subsequent decades.
Andorra
In 1979, Andorra ranked 130 out of 213 countries in terms of Gross Domestic Product (GDP) by country in current US dollars. The GDP for that year was approximately $411,548,748, reflecting the small yet significant economic activity within this microstate nestled in the Pyrenees mountains between France and Spain.
The economic landscape of Andorra during this period was influenced by its status as a tax haven, attracting tourism and retail trade, which were the primary drivers of its economy. The presence of ski resorts and favorable tax policies contributed to a steady influx of visitors, bolstering economic growth despite its limited geographical size and population.
Notably, Andorra's GDP per capita has historically been among the highest globally, reflecting a relatively high standard of living for its residents. This small principality's economic resilience and strategic positioning have allowed it to maintain a stable economy over the decades.
Chile
In 1979, Chile ranked 43rd out of 213 countries in terms of Gross Domestic Product (GDP), with a reported value of $22,249,574,627.69. This figure reflects the economic landscape of Chile during a period characterized by significant political and social changes, including the military coup of 1973 and subsequent economic reforms.
The high GDP value for Chile in 1979 can be attributed to several factors, including the implementation of neoliberal economic policies under the Pinochet regime, which aimed to stabilize the economy and promote growth through deregulation and privatization. Additionally, the country's rich natural resources, especially copper, played a crucial role in boosting its economic performance during this period.
Notably, Chile has historically been one of the more stable economies in Latin America, and its GDP in 1979 serves as an indicator of its ongoing development trajectory. This period laid the groundwork for subsequent economic growth, which would further establish Chile as a key player in the region's economy.
Brazil
In 1979, Brazil achieved a significant milestone by ranking 8th in the world for Gross Domestic Product (GDP), with a total value of $221,338,204,480.22 in current US dollars. This impressive economic output positioned Brazil as one of the most prominent economies in Latin America and a key player on the global stage during that period.
The robust GDP figure can be attributed to several factors, including Brazil's diverse economy, which encompassed sectors such as agriculture, mining, and manufacturing. The country was experiencing a period of economic growth known as the "Brazilian Miracle," characterized by rapid industrialization and significant foreign investment. However, this growth was also accompanied by challenges, such as increasing inflation and social inequality.
During the late 1970s, Brazil was one of the largest producers of coffee, sugar, and soybeans, contributing to its strong agricultural sector. Additionally, the country was investing heavily in infrastructure projects, which further stimulated economic activity. By maintaining a strong export market and fostering industrial development, Brazil set the foundation for its ongoing economic evolution in subsequent decades.
Botswana
In 1979, Botswana achieved a Gross Domestic Product (GDP) of $819,870,258.78, ranking it 116th out of 213 countries in terms of GDP in current US dollars. This figure reflects the nation’s economic circumstances during a time of significant transition and development following its independence in 1966.
The relatively modest GDP value can be attributed to several factors, including Botswana's reliance on agriculture and cattle ranching, which were predominant in the economy at that time. Additionally, the discovery of diamonds in the late 1970s was beginning to pave the way for future economic growth, although the full impact of this resource was not yet realized in the 1979 figures.
Interestingly, Botswana's economic trajectory would later change dramatically, as it became one of the fastest-growing economies in Africa, largely due to diamond mining and prudent economic management. By the mid-1990s, the country's GDP had increased significantly, highlighting the potential for resource wealth to transform national economies.
Congo, Democratic Republic of the
In 1979, the Democratic Republic of the Congo achieved a Gross Domestic Product (GDP) of approximately $15.07 billion, ranking it 54th among 213 countries. This economic output reflected a period of relative stability following years of political turmoil and economic challenges in the preceding decades.
The GDP figure was influenced by various factors, including the country's rich natural resources, such as minerals and timber, which contributed significantly to its economic activities. However, ongoing political instability and corruption hampered sustainable economic growth and development, affecting the overall welfare of the population.
Additionally, the DRC's economy was characterized by a reliance on a few key sectors, which posed risks due to fluctuations in global commodity prices. During this time, the nation was transitioning from colonial rule and grappling with the complexities of establishing a cohesive national economic policy, further impacting its GDP performance.
Côte d'Ivoire
Côte d'Ivoire ranked 60th among 213 countries in terms of Gross Domestic Product (GDP) by country in current US dollars for the year 1979. The country's GDP at that time was approximately $9,142,933,967, reflecting its economic activity during a period of significant agricultural production, particularly in cocoa and coffee.
The robust performance of Côte d'Ivoire's economy in the late 1970s can be attributed to its position as one of the world's leading producers of cocoa, which constituted a large portion of its export revenue. Additionally, the Ivorian government implemented policies aimed at agricultural modernization and infrastructure development, which contributed to economic growth.
During this period, Côte d'Ivoire experienced a relative economic boom, benefiting from favorable global commodity prices. By leveraging its agricultural strengths, the country was able to achieve a GDP that positioned it as a significant player in the West African region.
Bangladesh
In 1979, Bangladesh recorded a Gross Domestic Product (GDP) of $15,565,480,321.94, ranking 53rd among 213 countries. This position reflects the nation's economic landscape during a period marked by significant challenges and recovery efforts following the Liberation War of 1971.
The GDP value highlights the nascent stage of Bangladesh's economy, which was heavily reliant on agriculture, with a large portion of the population engaged in subsistence farming. The country's economic growth at this time was influenced by factors such as international aid, remittances from Bangladeshi workers abroad, and gradual industrial development.
By 1979, Bangladesh was beginning to establish itself on the global economic stage, but it still faced obstacles including political instability, natural disasters, and infrastructural deficits. These factors would shape its economic trajectory in the subsequent decades, leading to eventual growth and diversification in the economy.
Angola
In 1979, Angola was ranked 157th out of 213 countries in terms of Gross Domestic Product (GDP) measured in current US dollars, with a recorded value of null $. This ranking reflects the significant economic challenges faced by Angola during this period, which was characterized by ongoing civil strife and political instability following its independence from Portugal in 1975.
The lack of a reported GDP value indicates severe limitations in economic data collection and reporting, likely exacerbated by the effects of the civil war, which disrupted economic activities and infrastructure development. The conflict not only hindered foreign investment but also led to a decline in agricultural production and export revenues, further contributing to economic contraction.
Despite these challenges, Angola is rich in natural resources, particularly oil and diamonds, which would later become pivotal to its economic growth in subsequent decades. The country’s economic landscape has shifted dramatically since 1979, as post-war reconstruction efforts and rising oil prices in the 2000s significantly improved its GDP and overall economic health.
Burundi
In 1979, Burundi ranked 119th out of 213 countries in terms of Gross Domestic Product (GDP), with a recorded value of $782,496,666.67 in current US dollars. This figure reflects the economic conditions of a nation that was heavily dependent on agriculture, with coffee being the primary export commodity, significantly influencing its GDP.
The relatively low GDP value can be attributed to several factors, including a lack of industrialization, limited access to international markets, and ongoing political instability, which has historically affected economic growth and development in the region. Additionally, the population's reliance on subsistence farming meant that much of the economic activity did not enter formal markets.
Notably, Burundi's economy has faced numerous challenges over the decades, including civil conflict and ethnic tensions, which have hampered sustained economic progress. Despite these challenges, the country has shown resilience and potential for growth in more recent years, although the legacy of historical economic struggles remains a significant aspect of its development narrative.
Data Source
World Bank (WB)
The World Bank is like a cooperative, made up of 189 member countries. These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank. Generally, the governors are member countries' ministers of finance or ministers of development. They meet once a year at the Annual Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund.
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