Gross Domestic Product (GDP) by Country in Current US Dollars 2012

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.

213 data pointsWorldWorld Bank (WB)

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Complete Data Rankings

Rank
1
China flag
China
8,673,664,713,189.244 $
2
Japan flag
Japan
6,272,362,996,105.034 $
3
Germany flag
Germany
3,596,483,233,406.251 $
4
France flag
France
2,683,007,095,787.227 $
5
Brazil flag
Brazil
2,465,228,293,706.86 $
6
Russia flag
Russia
2,208,293,553,878.424 $
7
Italy flag
Italy
2,097,929,495,121.68 $
8
Canada flag
Canada
1,828,366,481,521.595 $
9
India flag
India
1,827,637,590,410.414 $
10
Australia flag
Australia
1,552,728,401,401.581 $
11
Mexico flag
Mexico
1,255,110,424,817.787 $
12
Indonesia flag
Indonesia
917,869,913,332.649 $
13
Netherlands flag
Netherlands
845,689,017,065.625 $
14
Iran flag
Iran
644,019,315,003.54 $
15
Argentina flag
Argentina
545,982,375,701.128 $
16
Norway flag
Norway
512,777,309,840.997 $
17
Belgium flag
Belgium
498,414,364,944.961 $
18
Poland flag
Poland
498,148,649,702.66 $
19
Nigeria flag
Nigeria
463,971,018,239.281 $
20
Austria flag
Austria
406,750,487,603.59 $
21
Colombia flag
Colombia
370,691,143,018.039 $
22
Denmark flag
Denmark
326,792,574,244.963 $
23
Malaysia flag
Malaysia
314,443,047,642.111 $
24
Egypt flag
Egypt
279,116,666,666.667 $
25
Chile flag
Chile
267,024,782,486.855 $
26
Israel flag
Israel
263,589,172,712.391 $
27
China, Hong Kong SAR flag
China, Hong Kong SAR
262,628,865,879.697 $
28
Philippines flag
Philippines
261,920,540,962.63 $
29
Finland flag
Finland
257,443,384,492.969 $
30
Pakistan flag
Pakistan
250,106,966,104.704 $
31
Greece flag
Greece
238,841,140,018.233 $
32
Algeria flag
Algeria
227,143,746,075.934 $
33
Ireland flag
Ireland
226,921,827,888.137 $
34
Iraq flag
Iraq
218,002,476,129.472 $
35
Portugal flag
Portugal
216,536,676,771.973 $
36
Czech Republic flag
Czech Republic
210,363,223,087.728 $
37
Kazakhstan flag
Kazakhstan
207,998,568,865.789 $
38
Peru flag
Peru
192,650,021,648.583 $
39
Qatar flag
Qatar
186,833,516,483.516 $
40
Romania flag
Romania
179,117,323,107.087 $
41
New Zealand flag
New Zealand
176,560,711,239.147 $
42
Kuwait flag
Kuwait
174,047,662,680.041 $
43
Angola flag
Angola
143,572,907,527.976 $
44
Bangladesh flag
Bangladesh
133,310,747,603.483 $
45
Hungary flag
Hungary
128,470,269,689.958 $
46
Morocco flag
Morocco
106,937,392,311.129 $
47
Puerto Rico flag
Puerto Rico
101,564,800,000 $
48
Libya flag
Libya
92,540,938,129.131 $
49
Ecuador flag
Ecuador
87,735,048,000 $
50
Oman flag
Oman
87,408,842,652.796 $
51
Cuba flag
Cuba
73,141,000,000 $
52
Azerbaijan flag
Azerbaijan
69,679,944,504.197 $
53
Belarus flag
Belarus
65,685,890,438.892 $
54
Dominican Republic flag
Dominican Republic
60,561,635,555.638 $
55
Myanmar flag
Myanmar
59,937,796,648.216 $
56
Luxembourg flag
Luxembourg
59,776,383,527.36 $
57
Croatia flag
Croatia
57,548,115,904.416 $
58
Kenya flag
Kenya
56,396,704,671.578 $
59
Bulgaria flag
Bulgaria
54,297,052,002.234 $
60
Guatemala flag
Guatemala
49,593,929,487.126 $
61
Costa Rica flag
Costa Rica
47,231,655,431.735 $
62
Lebanon flag
Lebanon
44,016,799,515.755 $
63
Ethiopia flag
Ethiopia
43,310,721,414.083 $
64
China, Macao SAR flag
China, Macao SAR
43,193,350,975.686 $
65
Lithuania flag
Lithuania
42,709,372,066.863 $
66
Panama flag
Panama
41,595,439,720.977 $
67
Ghana flag
Ghana
41,271,701,060.954 $
68
Côte d'Ivoire flag
Côte d'Ivoire
36,302,302,877.298 $
69
Paraguay flag
Paraguay
33,271,921,136.307 $
70
Bahrain flag
Bahrain
31,963,404,255.319 $
71
Jordan flag
Jordan
31,634,561,690.141 $
72
Cameroon flag
Cameroon
30,155,062,329.282 $
73
Congo, Democratic Republic of the flag
Congo, Democratic Republic of the
30,029,369,928.732 $
74
Latvia flag
Latvia
27,116,149,948.668 $
75
Bolivia flag
Bolivia
27,084,497,481.91 $
76
Cyprus flag
Cyprus
25,047,436,974.682 $
77
Estonia flag
Estonia
23,237,406,116.399 $
78
Equatorial Guinea flag
Equatorial Guinea
22,388,344,143.913 $
79
Nepal flag
Nepal
21,703,100,877.131 $
80
El Salvador flag
El Salvador
21,386,150,000 $
81
Papua New Guinea flag
Papua New Guinea
21,295,168,665.725 $
82
Afghanistan flag
Afghanistan
19,907,329,777.587 $
83
Brunei Darussalam flag
Brunei Darussalam
19,048,443,340.773 $
84
Honduras flag
Honduras
18,528,554,397.57 $
85
Chad flag
Chad
17,892,228,569.886 $
86
Cambodia flag
Cambodia
17,826,536,699.802 $
87
Congo flag
Congo
17,692,911,296.304 $
88
Bosnia and Herzegovina flag
Bosnia and Herzegovina
17,226,735,995.69 $
89
Gabon flag
Gabon
17,170,464,016.059 $
90
Georgia flag
Georgia
16,894,392,033.226 $
91
Mozambique flag
Mozambique
16,688,114,144.075 $
92
Iceland flag
Iceland
14,943,757,823.323 $
93
Jamaica flag
Jamaica
14,807,086,555.528 $
94
Mali flag
Mali
14,795,114,602.64 $
95
Botswana flag
Botswana
13,907,464,500.149 $
96
Haiti flag
Haiti
13,708,925,477.13 $
97
Namibia flag
Namibia
13,042,053,591.686 $
98
Burkina Faso flag
Burkina Faso
12,561,015,156.568 $
99
Mongolia flag
Mongolia
12,292,770,631.565 $
100
Albania flag
Albania
12,246,499,747.971 $
101
Mauritius flag
Mauritius
11,832,323,837.107 $
102
Madagascar flag
Madagascar
11,578,975,061.948 $
103
Benin flag
Benin
11,141,358,115.899 $
104
Bahamas flag
Bahamas
10,720,400,000 $
105
Armenia flag
Armenia
10,619,320,682.947 $
106
Nicaragua flag
Nicaragua
10,532,017,231.825 $
107
Laos flag
Laos
10,192,846,339.403 $
108
North Macedonia flag
North Macedonia
9,745,261,300.578 $
109
New Caledonia flag
New Caledonia
9,659,151,917.405 $
110
Malta flag
Malta
9,609,532,089.16 $
111
Niger flag
Niger
9,426,912,647.591 $
112
Malawi flag
Malawi
8,773,203,178.165 $
113
Republic of Moldova flag
Republic of Moldova
8,709,138,634.829 $
114
Rwanda flag
Rwanda
7,654,761,050.186 $
115
Guinea flag
Guinea
7,638,044,556.847 $
116
Mauritania flag
Mauritania
6,728,208,836.221 $
117
Isle of Man flag
Isle of Man
6,690,228,371.669 $
118
Kyrgyzstan flag
Kyrgyzstan
6,605,142,884.362 $
119
Bermuda flag
Bermuda
6,378,188,000 $
120
Kosovo flag
Kosovo
6,163,484,244.634 $
121
Barbados flag
Barbados
5,761,450,000 $
122
Monaco flag
Monaco
5,742,749,294.009 $
123
French Polynesia flag
French Polynesia
5,692,858,099.002 $
124
Liechtenstein flag
Liechtenstein
5,456,102,482.286 $
125
Guam flag
Guam
5,265,000,000 $
126
Eswatini flag
Eswatini
4,747,813,067.26 $
127
Cayman Islands flag
Cayman Islands
4,291,004,485.568 $
128
Montenegro flag
Montenegro
4,071,829,462.264 $
129
Guyana flag
Guyana
4,063,088,535.763 $
130
Fiji flag
Fiji
3,972,028,104.473 $
131
Andorra flag
Andorra
3,188,653,258.61 $
132
Curaçao flag
Curaçao
3,012,836,256.555 $
133
Maldives flag
Maldives
2,886,163,997.205 $
134
Liberia flag
Liberia
2,791,614,000 $
135
Aruba flag
Aruba
2,615,208,379.888 $
136
Greenland flag
Greenland
2,609,678,486.367 $
137
Central African Republic flag
Central African Republic
2,510,126,512.228 $
138
Lesotho flag
Lesotho
2,477,702,216.269 $
139
Faroe Islands flag
Faroe Islands
2,427,200,388.918 $
140
Burundi flag
Burundi
2,327,402,362.816 $
141
Bhutan flag
Bhutan
1,973,387,227.965 $
142
Belize flag
Belize
1,917,083,500 $
143
Cabo Verde flag
Cabo Verde
1,913,081,210.414 $
144
Saint Lucia flag
Saint Lucia
1,598,207,407.407 $
145
Gambia flag
Gambia
1,415,004,738.266 $
146
Antigua and Barbuda flag
Antigua and Barbuda
1,364,729,629.63 $
147
Djibouti flag
Djibouti
1,353,632,941.521 $
148
Guinea-Bissau flag
Guinea-Bissau
1,049,412,177.114 $
149
Comoros flag
Comoros
1,015,843,490.824 $
150
Saint Kitts and Nevis flag
Saint Kitts and Nevis
824,585,185.185 $
151
Northern Mariana Islands flag
Northern Mariana Islands
746,000,000 $
152
Saint Vincent and the Grenadines flag
Saint Vincent and the Grenadines
730,032,592.593 $
153
Dominica flag
Dominica
520,355,555.556 $
154
Eritrea flag
Eritrea
NaN $
155
Grenada flag
Grenada
799,881,481.481 $
156
American Samoa flag
American Samoa
640,000,000 $
157
Micronesia (Fed. States of) flag
Micronesia (Fed. States of)
322,838,077.579 $
158
Palau flag
Palau
215,616,882.324 $
159
Marshall Islands flag
Marshall Islands
180,700,000 $
160
Nauru flag
Nauru
101,055,722.951 $
161
Saint Martin (French part) flag
Saint Martin (French part)
NaN $
162
United States flag
United States
16,253,972,230,000 $
163
United Kingdom flag
United Kingdom
2,719,715,961,539.831 $
164
South Korea flag
South Korea
1,335,343,586,437.674 $
165
Spain flag
Spain
1,330,994,811,670.313 $
166
Turkey flag
Turkey
885,327,622,479.052 $
167
Saudi Arabia flag
Saudi Arabia
751,921,333,333.333 $
168
Switzerland flag
Switzerland
686,420,221,557.99 $
169
Sweden flag
Sweden
549,739,674,655.127 $
170
South Africa flag
South Africa
434,400,545,085.811 $
171
Thailand flag
Thailand
397,558,325,278.579 $
172
United Arab Emirates flag
United Arab Emirates
392,793,464,942.138 $
173
Venezuela flag
Venezuela
372,592,062,768.06 $
174
Singapore flag
Singapore
295,092,888,076.59 $
175
Vietnam flag
Vietnam
195,590,661,129.249 $
176
Ukraine flag
Ukraine
182,591,753,827.949 $
177
Slovakia flag
Slovakia
94,724,394,278.052 $
178
Sri Lanka flag
Sri Lanka
70,447,217,163.778 $
179
Uzbekistan flag
Uzbekistan
67,517,349,212.061 $
180
Uruguay flag
Uruguay
54,232,266,358.781 $
181
Tunisia flag
Tunisia
47,311,401,812.673 $
182
Slovenia flag
Slovenia
46,167,053,954.337 $
183
Serbia flag
Serbia
45,103,269,969.411 $
184
Syrian Arab Republic flag
Syrian Arab Republic
43,190,318,032.563 $
185
Tanzania flag
Tanzania
39,650,394,362.929 $
186
Sudan flag
Sudan
37,632,919,966.667 $
187
Yemen flag
Yemen
35,401,331,609.592 $
188
Turkmenistan flag
Turkmenistan
35,164,210,526.316 $
189
Uganda flag
Uganda
27,305,915,910.788 $
190
Trinidad and Tobago flag
Trinidad and Tobago
27,147,349,937.469 $
191
Zambia flag
Zambia
25,503,060,420.026 $
192
Senegal flag
Senegal
17,660,870,411.524 $
193
Zimbabwe flag
Zimbabwe
17,123,500,000 $
194
State of Palestine flag
State of Palestine
12,208,400,000 $
195
South Sudan flag
South Sudan
11,931,472,169.492 $
196
Tajikistan flag
Tajikistan
7,633,036,903.076 $
197
Sierra Leone flag
Sierra Leone
6,141,666,509.363 $
198
Togo flag
Togo
5,413,541,649.149 $
199
Suriname flag
Suriname
4,980,000,000 $
200
Somalia flag
Somalia
4,364,670,159.996 $
201
United States Virgin Islands flag
United States Virgin Islands
4,089,000,000 $
202
San Marino flag
San Marino
1,604,701,299.435 $
203
Solomon Islands flag
Solomon Islands
1,185,217,634.374 $
204
Timor-Leste flag
Timor-Leste
1,160,555,039.579 $
205
Seychelles flag
Seychelles
1,089,407,839.197 $
206
Sint Maarten (Dutch part) flag
Sint Maarten (Dutch part)
985,865,921.788 $
207
Turks and Caicos Islands flag
Turks and Caicos Islands
832,848,000 $
208
Samoa flag
Samoa
773,141,661.166 $
209
Vanuatu flag
Vanuatu
747,839,697.747 $
210
Tonga flag
Tonga
471,122,971.305 $
211
Sao Tome and Principe flag
Sao Tome and Principe
225,815,131.929 $
212
Kiribati flag
Kiribati
207,001,545.867 $
213
Tuvalu flag
Tuvalu
39,345,579.472 $

Top 10 Countries

  1. #1China flagChina
  2. #2Japan flagJapan
  3. #3Germany flagGermany
  4. #4France flagFrance
  5. #5Brazil flagBrazil
  6. #6Russia flagRussia
  7. #7Italy flagItaly
  8. #8Canada flagCanada
  9. #9India flagIndia
  10. #10Australia flagAustralia

Analysis: These countries represent the highest values in this dataset, showcasing significant scale and impact on global statistics.

Bottom 10 Countries

  1. #213Tuvalu flagTuvalu
  2. #212Kiribati flagKiribati
  3. #211Sao Tome and Principe flagSao Tome and Principe
  4. #210Tonga flagTonga
  5. #209Vanuatu flagVanuatu
  6. #208Samoa flagSamoa
  7. #207Turks and Caicos Islands flagTurks and Caicos Islands
  8. #206Sint Maarten (Dutch part) flagSint Maarten (Dutch part)
  9. #205Seychelles flagSeychelles
  10. #204Timor-Leste flagTimor-Leste

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 pivotal measure in understanding global economic dynamics. In 2012, this metric provided insights into the financial health and growth potential of nations worldwide, serving as an essential tool for investors, policymakers, and economists. By evaluating GDP figures, stakeholders could navigate the complexities of international markets and make informed decisions. This article delves into the GDP landscape of 2012, examining economic shifts, regional disparities, and the factors influencing these trends.

Global Economic Contours of 2012

In 2012, the global economic landscape was characterized by varied performances across different regions. The United States led with a staggering GDP of $16.25 trillion, underscoring its dominance in the world economy. Meanwhile, China, with a GDP of approximately $8.67 trillion, continued its rapid ascent, posing a strong challenge to traditional economic powerhouses. The average global GDP stood at approximately $377 billion, reflecting a broad spectrum of economic capabilities among countries. The median GDP value of around $30 billion highlighted a significant divide between the wealthiest and less affluent nations.

Top and Bottom GDP Countries

In 2012, the top ten economies accounted for the lion's share of global GDP, with the United States, China, and Japan leading the pack. These countries collectively illustrated the concentration of economic power in a few nations. Conversely, the bottom ten countries, including the Northern Mariana Islands and Vanuatu, had GDPs under $1 billion, highlighting the disparities in economic capacity. This stark contrast draws attention to the need for targeted economic policies and investment in underdeveloped regions to foster more equitable growth.

Notable Economies in Transition

Several countries exhibited noteworthy economic transitions in 2012. China, with a GDP increase of over $1 trillion from the previous year, demonstrated its burgeoning economic prowess and the effectiveness of its growth strategies. Similarly, Russia and Australia experienced significant GDP growth rates of 7.9% and 10.7%, respectively, signaling robust domestic performance and favorable international trade conditions. Conversely, Germany, Italy, and Spain faced economic contractions, with GDP decreases attributed to the ongoing Eurozone crisis and austerity measures that curbed public spending.

GDP and Policy Influence

Policy decisions played a critical role in shaping GDP figures in 2012. Countries like Saudi Arabia, with a GDP increase of 10.5%, benefited from strategic investments in oil and gas sectors, buoyed by favorable global energy prices. On the other hand, European countries grappling with the Eurozone crisis, such as France and Italy, faced economic contractions due to stringent fiscal policies and reduced consumer spending. These examples underscore the importance of adaptive policy frameworks that can respond to both domestic needs and global economic conditions.

Regional Economic Disparities

Examining regional economic disparities in 2012 reveals significant contrasts in economic infrastructure and development levels. North America and Asia dominated the upper echelons of GDP rankings, with thriving industries and technological advancements driving growth. In contrast, many African nations and small island economies struggled with limited resources and infrastructural challenges, resulting in lower GDP figures. This pattern highlights a persistent north-south divide, emphasizing the need for international cooperation and sustainable development initiatives to bridge the gap.

In summary, the GDP figures for 2012 reflect a complex interplay of economic, policy, and regional factors. By analyzing these metrics, stakeholders can better appreciate the nuances of global economic dynamics and work towards fostering more inclusive and sustainable economic growth worldwide.

Insights by country

1

Honduras

In 2012, Honduras ranked 114th out of 213 countries in terms of Gross Domestic Product (GDP), with a total GDP valued at $18,528,554,397.57 in current US dollars. This figure reflects the country's economic output and is indicative of its overall economic health during that period.

The economic landscape of Honduras is influenced by various factors including its reliance on agriculture, remittances from citizens living abroad, and the impact of natural disasters. The economy has historically faced challenges such as high levels of poverty and inequality, which have hindered growth and development.

Additionally, Honduras is known for its significant contributions from the agricultural sector, particularly in the production of coffee, bananas, and palm oil, which are vital for its export economy. In the context of Central America, Honduras continues to work towards improving its economic conditions amidst social and political challenges.

2

Egypt

In 2012, Egypt ranked 37th out of 213 countries in terms of Gross Domestic Product (GDP) measured in current US dollars, with a total GDP of approximately $279.12 billion. This positioning reflects Egypt's significant economic size relative to other nations, influenced by its diverse economy, which includes sectors such as agriculture, tourism, and manufacturing.

The GDP value for Egypt in 2012 can be attributed to various factors, including a relatively young population, strategic geographic location, and the Suez Canal's contribution to global trade. However, this period also faced economic challenges, including political instability following the 2011 revolution, which impacted investor confidence and economic growth rates.

Additionally, Egypt's economic landscape is characterized by a substantial informal sector, which plays a vital role in employment but is not fully captured in official GDP statistics. Understanding these dynamics is crucial for analyzing Egypt's economic conditions and future growth potential.

3

Madagascar

In 2012, Madagascar was ranked 136th out of 213 countries in terms of Gross Domestic Product (GDP) by country in current US dollars, with a GDP value of approximately $11,578,975,061.95. This figure indicates the overall economic output of the nation during that year, reflecting the value of all goods and services produced within its borders.

The relatively low GDP ranking can be attributed to several factors, including limited industrialization, reliance on agriculture, and ongoing political instability that has hindered economic growth. Additionally, Madagascar faces significant challenges such as high poverty rates and a lack of infrastructure, which further restrict economic development.

As a country rich in biodiversity and natural resources, Madagascar's economy has potential for growth, particularly in sectors like tourism and agriculture. However, without addressing the underlying issues of governance and investment, the country struggles to fully leverage these opportunities for economic advancement.

4

Iraq

In 2012, Iraq had a Gross Domestic Product (GDP) valued at 218,002,476,129.47 USD, ranking it 47th out of 213 countries. This position reflects the country's significant economic activities, particularly in the oil sector, which is a major contributor to its GDP.

The robust GDP figure is primarily due to Iraq's vast oil reserves, which are among the largest in the world. The economy showed signs of recovery following years of conflict, with increased oil production and exports boosting national revenues. Additionally, investments in infrastructure and rebuilding efforts post-conflict contributed to economic growth during this period.

Despite this growth, Iraq faced challenges such as political instability, security concerns, and reliance on oil, which could impact long-term economic sustainability. As a result, while the GDP figure indicates strong economic potential, the country remained vulnerable to fluctuations in global oil prices and internal socio-political dynamics.

5

Fiji

In 2012, Fiji ranked 170 out of 213 countries in terms of Gross Domestic Product (GDP), with a total GDP valued at approximately $3,972,028,104.47 in current US dollars. This positioning reflects the country's economic scale relative to other nations, indicating a modest economic output on the global stage.

The GDP of Fiji is influenced by several factors, including its reliance on agriculture, tourism, and remittances from Fijians living abroad. The tourism sector, in particular, is a significant contributor to the economy, attracting visitors to its islands and contributing to employment and infrastructure development.

Additionally, Fiji's economic performance in 2012 was shaped by challenges such as political instability and the impacts of natural disasters, which can disrupt economic activities and growth. Despite these challenges, Fiji's strategic location in the South Pacific offers potential for growth through trade and investment in tourism and related sectors.

6

France

In 2012, France ranked 6th out of 213 countries in terms of Gross Domestic Product (GDP), with a total value of $2,683,007,095,787.23 in current US dollars. This substantial economic output underscores France's position as one of the world's largest economies, contributing significantly to the European Union's overall economic strength.

The high GDP value can be attributed to several factors, including a diverse economy that encompasses sectors such as manufacturing, services, and agriculture. France is known for its robust industrial base, technological innovation, and a strong tourism sector, which attracts millions of visitors annually, further bolstering economic growth.

Additionally, France's favorable business environment, infrastructure, and skilled workforce have played crucial roles in maintaining its economic status. In comparison, other European countries often rely on specific sectors, while France benefits from a balanced economic structure, allowing for resilience in the face of global economic fluctuations.

7

Eswatini

In 2012, Eswatini ranked 164th out of 213 countries in terms of Gross Domestic Product (GDP), with a total GDP valued at $4,747,813,067 in current US dollars. This figure reflects the economic performance of the country, which has a relatively small economy characterized by a high dependence on agriculture, manufacturing, and services.

The GDP figure for Eswatini can be attributed to several factors, including its small population, limited industrial base, and economic challenges such as high unemployment rates and significant income inequality. The country has historically faced economic constraints due to its reliance on the South African economy and external trade relationships.

Additionally, it is noteworthy that Eswatini's economy has been influenced by various socio-political factors, including governance issues and regional stability, which can impact foreign investment and economic growth. In the broader context, Eswatini's GDP per capita is also a critical indicator of the standard of living and economic well-being of its citizens.

8

Guyana

In 2012, Guyana ranked 169th out of 213 countries in terms of Gross Domestic Product (GDP) measured in current US dollars, with a total GDP of approximately $4,063,088,535.76. This figure reflects the country's economic output and is indicative of its economic scale relative to the global economy.

The relatively low GDP can be attributed to several factors, including a reliance on agriculture and mining, which are vulnerable to fluctuations in global commodity prices. Additionally, infrastructural challenges and limited industrial diversification have constrained economic growth. Guyana's economy has traditionally focused on exports of rice, sugar, and bauxite, which can be impacted by both domestic and international market conditions.

In the broader context, Guyana has been experiencing efforts to diversify its economy and increase foreign investment, particularly with the discovery of significant oil reserves offshore in recent years. These developments have the potential to substantially alter the country's economic landscape in the coming years, positioning Guyana for growth and possibly improving its ranking in global GDP measurements.

9

Hungary

In 2012, Hungary ranked 60th out of 213 countries in terms of Gross Domestic Product (GDP), with a reported value of $128,470,269,689.96. This statistic reflects the country's economic output and is a critical indicator of its economic health and performance relative to other nations.

The GDP figure for Hungary in 2012 can be attributed to various factors, including its industrial sector, which comprises automotive manufacturing, pharmaceuticals, and electronics, alongside its significant services sector. Additionally, Hungary's strategic location in Central Europe has facilitated trade and investment, contributing to its economic growth during that period.

It is noteworthy that despite its relatively modest GDP compared to larger European economies, Hungary has been recognized for its cultural and historical significance, which attracts tourism and foreign investment. The country has made efforts to stimulate economic growth through reforms and EU funding, which have further influenced its economic landscape.

10

Kazakhstan

Kazakhstan ranked 50th out of 213 countries in terms of Gross Domestic Product (GDP) in current US dollars for the year 2012. The country's GDP was approximately $207,998,568,865.79, reflecting its significant economic activities and resource wealth.

This substantial GDP value can be attributed to Kazakhstan's rich natural resources, particularly in oil, gas, and minerals, which play a crucial role in its economy. The country has been investing in infrastructure and diversifying its economic base, which has helped maintain economic growth despite external challenges.

In comparison, Kazakhstan's GDP places it among the upper-middle-income countries, indicating a relatively high standard of living in the region. The economy's reliance on energy exports has made it vulnerable to fluctuations in global commodity prices, which is an important consideration for future economic planning.

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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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Historical Data by Year

Explore Gross Domestic Product (GDP) by Country in Current US Dollars data across different years. Compare trends and see how statistics have changed over time.

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