Gross Domestic Product (GDP) by Country in Current US Dollars 1984
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 | Canada | 356,718,400,123.543 $ |
3 | China | 260,442,857,142.857 $ |
4 | Brazil | 188,339,974,086.58 $ |
5 | Argentina | 116,915,052,107.031 $ |
6 | Belgium | 83,349,530,159.173 $ |
7 | Denmark | 58,868,891,334.994 $ |
8 | Algeria | 53,698,548,293.074 $ |
9 | Colombia | 38,253,120,737.967 $ |
10 | China, Hong Kong SAR | 33,511,383,985.674 $ |
11 | Cuba | 24,039,383,608.423 $ |
12 | Chile | 19,974,595,028.158 $ |
13 | Bangladesh | 18,920,840,000 $ |
14 | Bulgaria | 17,594,944,444.444 $ |
15 | Brunei Darussalam | 7,632,788,075.162 $ |
16 | Cameroon | 7,311,938,026.367 $ |
17 | Bolivia | 6,169,483,225.359 $ |
18 | Angola | 6,131,475,065.178 $ |
19 | Albania | 1,857,337,995.338 $ |
20 | American Samoa | NaN $ |
21 | Congo, Democratic Republic of the | 7,857,729,193.203 $ |
22 | Côte d'Ivoire | 6,841,639,246.9 $ |
23 | Bahrain | 4,440,874,566.489 $ |
24 | Costa Rica | 3,660,477,856.23 $ |
25 | Cyprus | 2,278,248,953.141 $ |
26 | Congo | 2,193,581,365.343 $ |
27 | Bahamas | 2,041,100,000 $ |
28 | Burkina Faso | 1,459,880,132.141 $ |
29 | China, Macao SAR | 1,304,361,353.27 $ |
30 | Botswana | 1,240,822,167.436 $ |
31 | Benin | 1,051,134,008.79 $ |
32 | Andorra | 330,073,080.637 $ |
33 | Antigua and Barbuda | 212,214,814.815 $ |
34 | Armenia | NaN $ |
35 | Aruba | NaN $ |
36 | Australia | 193,749,932,078.26 $ |
37 | Austria | 67,719,055,773.331 $ |
38 | Azerbaijan | NaN $ |
39 | Barbados | 1,346,890,071.098 $ |
40 | Belarus | NaN $ |
41 | Cambodia | 1,021,176,058.633 $ |
42 | Burundi | 987,143,931.167 $ |
43 | Bermuda | 985,699,968 $ |
44 | Chad | 919,103,734.877 $ |
45 | Central African Republic | 637,820,670.3 $ |
46 | Belize | 290,350,000 $ |
47 | Bhutan | 160,423,493.936 $ |
48 | Bosnia and Herzegovina | NaN $ |
49 | Comoros | 189,102,734.154 $ |
50 | Cabo Verde | 132,019,038.592 $ |
51 | Cayman Islands | NaN $ |
52 | Croatia | NaN $ |
53 | Curaçao | NaN $ |
54 | Czech Republic | NaN $ |
55 | Djibouti | NaN $ |
56 | Japan | 1,345,824,500,836.763 $ |
57 | Germany | 727,767,760,978.627 $ |
58 | France | 525,033,325,827.516 $ |
59 | Italy | 438,896,930,791.272 $ |
60 | India | 212,157,645,177.652 $ |
61 | Iran | 162,276,728,619.519 $ |
62 | Indonesia | 84,853,700,027.651 $ |
63 | Finland | 52,870,993,272.655 $ |
64 | Greece | 47,352,146,311.971 $ |
65 | Iraq | 46,938,387,096.774 $ |
66 | Egypt | 33,971,188,991.615 $ |
67 | Israel | 30,645,607,293.005 $ |
68 | Kuwait | 21,700,082,752.937 $ |
69 | Hungary | 21,242,726,264.485 $ |
70 | Ireland | 20,106,648,454.84 $ |
71 | Guinea | 18,421,497,251.177 $ |
72 | Ecuador | 16,912,509,091.855 $ |
73 | Dominican Republic | 11,594,000,000 $ |
74 | Guatemala | 9,470,000,100 $ |
75 | Ethiopia | 8,298,309,580.676 $ |
76 | Kenya | 6,191,437,070.184 $ |
77 | Jordan | 4,967,162,160.405 $ |
78 | Ghana | 4,412,279,843.444 $ |
79 | Honduras | 4,029,900,000 $ |
80 | El Salvador | 3,661,683,400 $ |
81 | Gabon | 3,561,451,560.508 $ |
82 | Iceland | 2,964,568,005.629 $ |
83 | Jamaica | 2,373,564,549.493 $ |
84 | Haiti | 1,816,200,000 $ |
85 | Laos | 1,757,142,855.918 $ |
86 | Fiji | 1,178,000,677.999 $ |
87 | Dominica | 109,157,070.741 $ |
88 | Equatorial Guinea | 50,320,914.407 $ |
89 | Eritrea | NaN $ |
90 | Estonia | NaN $ |
91 | French Polynesia | 1,325,515,445.084 $ |
92 | Eswatini | 494,483,408.878 $ |
93 | Guyana | 437,631,605.263 $ |
94 | Faroe Islands | 426,008,864.692 $ |
95 | Greenland | 379,371,901.49 $ |
96 | Gambia | 177,340,880.086 $ |
97 | Georgia | NaN $ |
98 | Grenada | 145,533,310.741 $ |
99 | Guam | NaN $ |
100 | Guinea-Bissau | 359,980,490.729 $ |
101 | Isle of Man | 251,195,796.754 $ |
102 | Kazakhstan | NaN $ |
103 | Kiribati | 34,394,167.042 $ |
104 | Kosovo | NaN $ |
105 | Kyrgyzstan | NaN $ |
106 | Latvia | NaN $ |
107 | Lebanon | NaN $ |
108 | Mexico | 184,230,754,105.394 $ |
109 | Netherlands | 144,124,462,912.088 $ |
110 | Nigeria | 73,484,359,521.489 $ |
111 | Norway | 62,057,955,032.776 $ |
112 | Philippines | 35,730,185,633.523 $ |
113 | Malaysia | 33,942,897,422.047 $ |
114 | Pakistan | 31,151,825,467.498 $ |
115 | Libya | 29,476,109,152.753 $ |
116 | Portugal | 25,217,969,049.575 $ |
117 | New Zealand | 21,665,975,318.884 $ |
118 | Puerto Rico | 19,162,600,000 $ |
119 | Peru | 17,600,400,384.507 $ |
120 | Morocco | 14,824,667,954.367 $ |
121 | Oman | 8,821,443,150.925 $ |
122 | Qatar | 6,704,395,824.176 $ |
123 | Panama | 6,183,387,100 $ |
124 | Paraguay | 4,502,462,807.14 $ |
125 | Luxembourg | 4,438,435,492.879 $ |
126 | Madagascar | 3,905,938,480.861 $ |
127 | Nicaragua | 3,117,599,872.088 $ |
128 | Nepal | 2,581,207,387.797 $ |
129 | Papua New Guinea | 2,552,662,617.189 $ |
130 | Mongolia | 2,098,734,600 $ |
131 | Namibia | 1,951,260,037.945 $ |
132 | Malawi | 1,758,028,656.129 $ |
133 | Rwanda | 1,587,413,083.921 $ |
134 | Niger | 1,461,243,326.129 $ |
135 | Myanmar | 1,304,063,253.041 $ |
136 | Malta | 1,101,807,023.049 $ |
137 | Mauritania | 1,074,373,230.363 $ |
138 | Monaco | 1,037,329,604.351 $ |
139 | Liberia | 848,478,300 $ |
140 | Liechtenstein | 502,620,991.853 $ |
141 | Lithuania | NaN $ |
142 | Mali | 1,387,809,614.749 $ |
143 | Mauritius | 1,054,564,759.053 $ |
144 | New Caledonia | 796,066,194.739 $ |
145 | Saint Lucia | 251,481,481.481 $ |
146 | Saint Vincent and the Grenadines | 135,024,987.778 $ |
147 | Maldives | 109,503,546.099 $ |
148 | Saint Kitts and Nevis | 98,603,703.704 $ |
149 | Micronesia (Fed. States of) | 84,676,118 $ |
150 | Nauru | 47,363,231.299 $ |
151 | Marshall Islands | 45,144,000 $ |
152 | Montenegro | NaN $ |
153 | Mozambique | NaN $ |
154 | Northern Mariana Islands | NaN $ |
155 | North Macedonia | NaN $ |
156 | Palau | 44,814,259 $ |
157 | Poland | NaN $ |
158 | Republic of Moldova | NaN $ |
159 | Romania | NaN $ |
160 | Russia | NaN $ |
161 | Saint Martin (French part) | NaN $ |
162 | Samoa | 109,200,934.329 $ |
163 | San Marino | NaN $ |
164 | United States | 4,037,613,000,000 $ |
165 | United Kingdom | 461,487,097,632.349 $ |
166 | Spain | 171,979,977,230.387 $ |
167 | Saudi Arabia | 119,624,858,115.778 $ |
168 | Sweden | 109,043,045,407.287 $ |
169 | South Africa | 84,870,163,365.931 $ |
170 | Turkey | 59,937,602,179.837 $ |
171 | Venezuela | 59,867,743,467.933 $ |
172 | United Arab Emirates | 41,807,954,235.903 $ |
173 | Singapore | 19,749,361,097.965 $ |
174 | Syrian Arab Republic | 17,503,078,174.004 $ |
175 | Tanzania | 12,906,635,133.156 $ |
176 | Sudan | 10,447,615,384.615 $ |
177 | Tunisia | 8,254,541,194.826 $ |
178 | Trinidad and Tobago | 7,757,083,333.333 $ |
179 | Zimbabwe | 6,355,369,171.996 $ |
180 | Sri Lanka | 6,043,474,842.767 $ |
181 | Uruguay | 4,850,238,549.618 $ |
182 | Uganda | 3,615,647,477.054 $ |
183 | Senegal | 3,485,165,431.714 $ |
184 | Zambia | 2,719,518,932.995 $ |
185 | Lesotho | 333,163,670.28 $ |
186 | Sao Tome and Principe | 78,213,795.925 $ |
187 | Serbia | NaN $ |
188 | Sierra Leone | 1,087,471,861.989 $ |
189 | Seychelles | 160,992,920.96 $ |
190 | Sint Maarten (Dutch part) | NaN $ |
191 | Slovakia | NaN $ |
192 | Slovenia | NaN $ |
193 | Switzerland | 109,455,312,167.511 $ |
194 | South Korea | 99,749,645,088.599 $ |
195 | Togo | 1,014,170,069.217 $ |
196 | Somalia | 787,434,541.729 $ |
197 | Solomon Islands | 181,570,473.772 $ |
198 | South Sudan | NaN $ |
199 | State of Palestine | NaN $ |
200 | Suriname | 864,000,000 $ |
201 | Tajikistan | NaN $ |
202 | Thailand | 41,797,647,775.624 $ |
203 | Timor-Leste | NaN $ |
204 | Tonga | 64,248,354.541 $ |
205 | Turkmenistan | NaN $ |
206 | Turks and Caicos Islands | NaN $ |
207 | Tuvalu | 4,481,977.903 $ |
208 | Ukraine | NaN $ |
209 | United States Virgin Islands | NaN $ |
210 | Uzbekistan | NaN $ |
211 | Vanuatu | 144,482,515.368 $ |
212 | Vietnam | NaN $ |
213 | Yemen | NaN $ |
↑Top 10 Countries
- #1
Afghanistan
- #2
Canada
- #3
China
- #4
Brazil
- #5
Argentina
- #6
Belgium
- #7
Denmark
- #8
Algeria
- #9
Colombia
- #10
China, Hong Kong SAR
Analysis: These countries represent the highest values in this dataset, showcasing significant scale and impact on global statistics.
↓Bottom 10 Countries
- #213
Yemen
- #212
Vietnam
- #211
Vanuatu
- #210
Uzbekistan
- #209
United States Virgin Islands
- #208
Ukraine
- #207
Tuvalu
- #206
Turks and Caicos Islands
- #205
Turkmenistan
- #204
Tonga
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 that reflects the economic performance and growth potential of nations. In 1984, this metric provided valuable insights into the global economic landscape, revealing disparities and growth patterns across different economies. Understanding GDP data from this year is essential for investors, policymakers, and economic historians who seek to comprehend historical economic trends and the financial health of nations during this period.
Global Economic Dynamics in 1984
1984 marked a significant year for the global economy, characterized by varied economic performances across nations. The United States led the world with a staggering GDP of over $4 trillion, demonstrating its robust economic position and influence on international markets. Japan followed at some distance with a GDP exceeding $1.34 trillion, showcasing its rapid post-war industrialization and technological advancements. These figures highlight the dominance of developed nations in the global economy during this era, underscoring the economic divide between industrialized and developing countries.
Economic Powerhouses and Emerging Markets
As economic powerhouses, countries like Germany, France, and the United Kingdom also played pivotal roles in the global economic framework. Germany, with a GDP of approximately $728 billion, France at $525 billion, and the UK at $461 billion, demonstrated their significant economic clout in Europe. Meanwhile, emerging markets like China and India were beginning to show their potential. China's GDP reached approximately $260 billion, while India recorded over $212 billion. Although dwarfed by Western economies, these figures indicated the beginnings of their eventual rise as influential global players.
Disparities in Wealth and Economic Health
The GDP data from 1984 also highlighted stark disparities in wealth and economic health among nations. The bottom ten countries, such as Tuvalu and Kiribati, had GDPs ranging from a mere $4.48 million to $98 million. These figures reflect the challenges faced by small island nations and less developed countries, often hindered by limited resources and economic opportunities. This contrast between the economic giants and smaller economies underscores the vast differences in living standards and development levels across the globe.
Economic Shifts and Trends of 1984
Year-over-year changes in GDP reveal intriguing shifts and trends. The United States and China showed significant increases, with the US GDP rising by over $403 billion (an 11.1% increase) and China by approximately $29 billion (12.7%). These growth rates point to the dynamic nature of these economies and their ability to capitalize on technological and industrial advancements. Conversely, Germany, France, and the United Kingdom experienced declines, with Germany's GDP decreasing by nearly $46 billion. Such reductions were influenced by various factors, including economic policies, currency fluctuations, and global market conditions.
Policy and Economic Influences
In 1984, economic policies and international agreements significantly impacted GDP outcomes. For instance, the United States continued to benefit from Reaganomics, which emphasized tax cuts, deregulation, and increased military spending, fostering economic growth. Similarly, Japan's focus on export-driven growth and industrial innovation propelled its economic success. In contrast, countries facing economic challenges often grappled with policy constraints, political instability, and debt-related issues that hindered their economic progress.
The GDP data for 1984 provides a comprehensive view of the economic landscape, reflecting the strengths and weaknesses of different economies. It serves as a historical snapshot, offering insights into the dynamics of global wealth distribution and the factors influencing economic performance. As the world continues to evolve, analyzing past economic data remains crucial for understanding current trends and future possibilities.
Insights by country
Sierra Leone
Sierra Leone was ranked 118th out of 213 countries in terms of Gross Domestic Product (GDP) by country in current US dollars for the year 1984. The GDP value for Sierra Leone during this period was approximately $1,087,471,861.99.
This economic figure reflects the country's economic challenges during the early 1980s, which included a reliance on agriculture and mining, particularly diamonds, along with the impact of global commodity prices. Factors such as political instability, a lack of infrastructure, and limited access to international markets contributed to the country's economic situation at that time.
In the broader context, Sierra Leone's GDP was indicative of the struggles faced by many African nations during this decade, characterized by fluctuating economic conditions and the effects of colonial legacies. Despite these challenges, Sierra Leone's rich natural resources, particularly in diamonds and minerals, have been pivotal in shaping its economic landscape in subsequent years.
Andorra
In 1984, Andorra ranked 140th out of 213 countries in terms of Gross Domestic Product (GDP) by country in current US dollars, with a reported value of $330,073,080.64. This figure reflects the economic activity of the small, landlocked principality situated in the eastern Pyrenees mountains between France and Spain.
Andorra's economy during this period was heavily influenced by its status as a tourist destination, particularly known for ski resorts and shopping, which attracted visitors from neighboring countries. The absence of value-added tax (VAT) helped to boost retail sales, contributing significantly to its GDP. Furthermore, the principality's banking sector also played a crucial role in its economic stability, offering favorable conditions for foreign investments.
Despite its small size, Andorra's economy displayed resilience, with its GDP per capita being among the highest in the world. The country's unique political status and economic structure have allowed it to navigate challenges effectively, making it an interesting case study in microstate economics.
Jordan
In 1984, Jordan ranked 79th out of 213 countries in terms of Gross Domestic Product (GDP) measured in current US dollars. During this year, Jordan's GDP was approximately $4,967,162,160, reflecting the economic conditions and challenges faced by the country at the time.
This economic figure is indicative of Jordan's ongoing efforts to stabilize and develop its economy amidst regional instability and limited natural resources. Factors contributing to its GDP include foreign aid, remittances from Jordanians working abroad, and a focus on sectors such as agriculture, services, and tourism.
Moreover, the mid-1980s was a period of economic challenge for Jordan, characterized by external debts and the repercussions of regional conflicts. Despite these challenges, Jordan's strategic location and relative stability in the region have allowed it to attract investment and maintain economic ties with other nations.
Germany
In 1984, Germany achieved a remarkable position as the third-largest economy in the world, with a Gross Domestic Product (GDP) valued at $727,767,760,978.63 in current US dollars. This substantial economic output highlighted Germany's strength as a leading industrial nation during a time of significant global economic change.
The impressive GDP figure was influenced by various factors, including Germany's robust manufacturing sector, which was known for its high-quality engineering and exports, particularly in automobiles and machinery. Additionally, the country's strategic location in Europe facilitated trade and economic interactions with neighboring nations.
During this period, Germany was also experiencing the effects of the post-World War II economic recovery, known as the "Wirtschaftswunder" or economic miracle, which contributed to its rapid growth in productivity and innovation. By maintaining a strong focus on exports and investing in technology, Germany set the foundation for its continued economic success in subsequent decades.
American Samoa
In 1984, American Samoa was ranked 168 out of 213 countries in terms of Gross Domestic Product (GDP) by country in current US dollars. Notably, the GDP value for American Samoa during this year was null dollars, indicating that the economic data was either not recorded or was not available for this specific period.
This ranking and GDP figure reflect the unique economic structure of American Samoa, which relies heavily on the tuna canning industry, agriculture, and US federal funding. The territory's economic limitations, including its geographical isolation and small population, contribute to such low GDP figures compared to other nations.
American Samoa's economy has historically been challenged by factors such as limited natural resources, dependence on a few key industries, and vulnerability to external economic shocks. Interestingly, American Samoa also benefits from its status as a US territory, which allows for certain economic protections and assistance, although these have not always translated into high GDP figures.
Algeria
In the year 1984, Algeria ranked 30th out of 213 countries in terms of Gross Domestic Product (GDP) measured in current US dollars, with a reported GDP of $53,698,548,293. This substantial figure reflects the country's economic position during a period marked by significant state control over the economy and extensive reliance on hydrocarbon exports.
The high GDP value can be attributed to Algeria's rich natural resources, particularly its abundant reserves of oil and natural gas, which have historically been the backbone of its economy. The nationalization of the oil and gas sectors in the early 1970s allowed the government to capture a large share of revenues, fueling economic growth and enabling public spending on social programs.
Additionally, the economic landscape of Algeria in the 1980s was shaped by geopolitical factors, including the impact of the global oil market fluctuations and the aftermath of the 1970s oil crisis. This period also saw Algeria experiencing both economic challenges, such as rising unemployment and inflation, and opportunities due to its strategic position as a leading oil and gas supplier.
Ecuador
In 1984, Ecuador ranked 58th out of 213 countries in terms of Gross Domestic Product (GDP) measured in current US dollars, with a reported GDP of $16,912,509,091.86. This figure reflects the economic output of the country during a period marked by political and economic challenges.
The economy of Ecuador in 1984 was significantly influenced by its reliance on oil exports, which were a major driver of national revenue. Fluctuations in global oil prices, coupled with economic policies and external debt pressures, shaped the economic landscape, affecting both GDP and overall growth.
Additionally, Ecuador faced social and political issues, including periods of instability, which impacted investment and economic development. Despite these challenges, the country began to implement reforms that would eventually lead to more stable economic practices in the following decades.
Croatia
In 1984, Croatia ranked 175th out of 213 countries in terms of Gross Domestic Product (GDP) measured in current US dollars, with a reported value of null dollars. This ranking highlights the economic challenges faced by Croatia during this period, particularly as it was part of the Socialist Federal Republic of Yugoslavia, which was experiencing significant economic difficulties.
The absence of a recorded GDP value for Croatia in 1984 can be attributed to several factors, including the centrally planned economy of Yugoslavia, which often led to inconsistent and unreported economic data. Additionally, the political instability and rising nationalistic sentiments in the region were beginning to manifest, which would later culminate in the Croatian War of Independence in the early 1990s.
During this time, the region was marked by a lack of investment and slow economic growth, further exacerbated by external debt and inefficiencies in state-owned enterprises. As a point of interest, following independence in the early 1990s, Croatia's GDP began to show significant changes, reflecting a transition towards a market economy and integration into European structures.
Finland
In 1984, Finland ranked 31 out of 213 countries in terms of Gross Domestic Product (GDP), with a total GDP valued at approximately $52,870,993,272.66 in current US dollars. This position reflects Finland's strong economic performance during a time when many nations were grappling with the effects of the global economic downturn.
The robust GDP figure can be attributed to Finland's well-developed industrial sector, particularly in telecommunications and machinery, alongside a strong emphasis on education and innovation. Additionally, Finland's strategic location in Northern Europe facilitated trade with both Western and Eastern markets, contributing to its economic growth during this period.
Interestingly, Finland's economic landscape in the 1980s was characterized by its transition from an agrarian economy to a more industrialized one, highlighting the importance of policy decisions that favored technological advancement and increased productivity. This shift laid the groundwork for Finland's later success in becoming a leader in high-tech industries.
Bangladesh
In 1984, Bangladesh ranked 53rd out of 213 countries in terms of Gross Domestic Product (GDP), with a reported value of 18,920,840,000 USD. This figure reflects the economic conditions of the country during a period marked by significant challenges, including recovery from the devastating impacts of the 1971 Liberation War and subsequent natural disasters.
The GDP value of Bangladesh during this time can be attributed to a primarily agrarian economy, with a large portion of the population engaged in agriculture, which accounted for a significant share of the country's output. Additionally, the nascent industrial sector was beginning to emerge, driven by the textile and garment industries that would later become a cornerstone of the economy.
Interestingly, this economic position laid the groundwork for future growth; by the 1990s, the country would start to experience accelerated economic development. The challenges faced in 1984, such as poverty and infrastructure deficits, would eventually lead to reforms and international aid efforts aimed at enhancing economic stability and growth.
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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