Gross Domestic Product (GDP) by Country in Current US Dollars 2015

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
11,280,814,787,468.914 $
2
Japan flag
Japan
4,444,930,651,964.18 $
3
Germany flag
Germany
3,425,099,578,746.092 $
4
France flag
France
2,442,483,452,642.499 $
5
India flag
India
2,103,588,360,044.939 $
6
Italy flag
Italy
1,845,428,048,839.101 $
7
Brazil flag
Brazil
1,802,211,999,456.416 $
8
Canada flag
Canada
1,556,508,816,217.14 $
9
Russia flag
Russia
1,363,482,182,197.705 $
10
Australia flag
Australia
1,356,805,839,935.903 $
11
Mexico flag
Mexico
1,213,294,467,716.88 $
12
Indonesia flag
Indonesia
860,854,232,686.214 $
13
Netherlands flag
Netherlands
775,743,675,302.734 $
14
Argentina flag
Argentina
594,749,285,413.212 $
15
Nigeria flag
Nigeria
493,026,682,800.63 $
16
Poland flag
Poland
480,054,118,583.367 $
17
Belgium flag
Belgium
461,044,767,544.531 $
18
Iran flag
Iran
409,191,686,496.677 $
19
Norway flag
Norway
388,159,512,245.53 $
20
Austria flag
Austria
379,546,097,300.633 $
21
Egypt flag
Egypt
329,366,576,819.407 $
22
China, Hong Kong SAR flag
China, Hong Kong SAR
309,385,622,601.348 $
23
Philippines flag
Philippines
306,445,871,242.322 $
24
Israel flag
Israel
303,469,434,072.296 $
25
Ireland flag
Ireland
302,101,388,556.271 $
26
Denmark flag
Denmark
301,758,922,337.637 $
27
Malaysia flag
Malaysia
301,355,266,964.947 $
28
Pakistan flag
Pakistan
299,963,590,534.774 $
29
Colombia flag
Colombia
293,492,370,193.166 $
30
Chile flag
Chile
242,450,355,830.884 $
31
Finland flag
Finland
233,210,733,506.25 $
32
Portugal flag
Portugal
199,038,523,119.639 $
33
Bangladesh flag
Bangladesh
195,146,608,978.131 $
34
Greece flag
Greece
194,567,373,678.099 $
35
Peru flag
Peru
189,802,976,285.619 $
36
Czech Republic flag
Czech Republic
189,107,698,561.919 $
37
Algeria flag
Algeria
187,493,855,609.345 $
38
Kazakhstan flag
Kazakhstan
184,388,404,706.042 $
39
New Zealand flag
New Zealand
178,224,167,087.99 $
40
Romania flag
Romania
177,885,131,240.315 $
41
Iraq flag
Iraq
166,774,104,959.102 $
42
Qatar flag
Qatar
161,739,835,164.835 $
43
Hungary flag
Hungary
125,244,126,623.289 $
44
Kuwait flag
Kuwait
114,585,555,688.511 $
45
Morocco flag
Morocco
110,413,823,841.592 $
46
Puerto Rico flag
Puerto Rico
103,375,500,000 $
47
Angola flag
Angola
102,543,067,840.732 $
48
Ecuador flag
Ecuador
97,209,558,000 $
49
Cuba flag
Cuba
87,132,800,000 $
50
Oman flag
Oman
78,710,793,237.971 $
51
Dominican Republic flag
Dominican Republic
70,966,782,572.439 $
52
Kenya flag
Kenya
70,120,446,896.836 $
53
Guatemala flag
Guatemala
62,186,066,547.657 $
54
Ethiopia flag
Ethiopia
62,103,418,181.818 $
55
Luxembourg flag
Luxembourg
60,071,584,216.137 $
56
Myanmar flag
Myanmar
59,607,290,408.436 $
57
Belarus flag
Belarus
56,454,769,844.763 $
58
Costa Rica flag
Costa Rica
56,441,920,820.519 $
59
Panama flag
Panama
55,767,806,073.178 $
60
Azerbaijan flag
Azerbaijan
53,076,235,354.746 $
61
Croatia flag
Croatia
50,998,893,384.829 $
62
Bulgaria flag
Bulgaria
50,765,918,159.148 $
63
Lebanon flag
Lebanon
49,929,337,836.816 $
64
Ghana flag
Ghana
49,436,806,230.484 $
65
Libya flag
Libya
48,717,501,321.305 $
66
Côte d'Ivoire flag
Côte d'Ivoire
45,815,005,169.265 $
67
China, Macao SAR flag
China, Macao SAR
44,940,613,353.104 $
68
Lithuania flag
Lithuania
41,540,954,817.204 $
69
Congo, Democratic Republic of the flag
Congo, Democratic Republic of the
40,179,574,490.303 $
70
Jordan flag
Jordan
38,587,017,887.324 $
71
Paraguay flag
Paraguay
36,211,447,840.103 $
72
Bolivia flag
Bolivia
33,000,198,248.915 $
73
Bahrain flag
Bahrain
32,523,297,872.34 $
74
Cameroon flag
Cameroon
32,210,233,020.457 $
75
Latvia flag
Latvia
26,344,565,876.89 $
76
Nepal flag
Nepal
24,360,801,286.764 $
77
Cambodia flag
Cambodia
24,174,170,369.074 $
78
El Salvador flag
El Salvador
23,438,240,000 $
79
Estonia flag
Estonia
23,311,847,750.939 $
80
Papua New Guinea flag
Papua New Guinea
21,723,437,010.098 $
81
Honduras flag
Honduras
20,979,791,685.416 $
82
Cyprus flag
Cyprus
19,909,278,416.858 $
83
Afghanistan flag
Afghanistan
19,134,221,644.732 $
84
Iceland flag
Iceland
17,700,486,957.191 $
85
Bosnia and Herzegovina flag
Bosnia and Herzegovina
16,404,348,361.093 $
86
Mozambique flag
Mozambique
16,208,985,769.615 $
87
Mali flag
Mali
15,583,181,170.41 $
88
Georgia flag
Georgia
15,223,796,148.84 $
89
Jamaica flag
Jamaica
14,963,589,915.591 $
90
Haiti flag
Haiti
14,849,629,308.602 $
91
Chad flag
Chad
14,559,599,499.501 $
92
Laos flag
Laos
14,426,380,125.649 $
93
Gabon flag
Gabon
14,383,107,762.695 $
94
Botswana flag
Botswana
13,530,748,844.505 $
95
Equatorial Guinea flag
Equatorial Guinea
13,185,496,881.017 $
96
Brunei Darussalam flag
Brunei Darussalam
12,930,296,870.125 $
97
Nicaragua flag
Nicaragua
12,756,696,261.068 $
98
Congo flag
Congo
12,434,793,867.357 $
99
Mauritius flag
Mauritius
12,162,211,503.079 $
100
Bahamas flag
Bahamas
11,837,600,000 $
101
Burkina Faso flag
Burkina Faso
11,832,159,315.63 $
102
Mongolia flag
Mongolia
11,619,892,590.694 $
103
Albania flag
Albania
11,470,171,826.957 $
104
Benin flag
Benin
11,388,160,996.774 $
105
Malta flag
Malta
11,340,795,042.088 $
106
Namibia flag
Namibia
11,335,161,083.506 $
107
Madagascar flag
Madagascar
11,323,020,701.302 $
108
Armenia flag
Armenia
10,553,337,518.414 $
109
North Macedonia flag
North Macedonia
10,064,519,962.566 $
110
Niger flag
Niger
9,683,867,926.443 $
111
Malawi flag
Malawi
9,219,474,379.315 $
112
Guinea flag
Guinea
8,794,201,742.846 $
113
New Caledonia flag
New Caledonia
8,738,203,074.396 $
114
Rwanda flag
Rwanda
8,543,760,199.802 $
115
Republic of Moldova flag
Republic of Moldova
7,797,667,196.731 $
116
Isle of Man flag
Isle of Man
7,084,800,892.223 $
117
Kyrgyzstan flag
Kyrgyzstan
6,678,177,511.663 $
118
Bermuda flag
Bermuda
6,654,541,000 $
119
Kosovo flag
Kosovo
6,295,848,422.716 $
120
Liechtenstein flag
Liechtenstein
6,268,515,276.174 $
121
Monaco flag
Monaco
6,264,756,528.377 $
122
Mauritania flag
Mauritania
6,166,863,896.687 $
123
Guam flag
Guam
5,799,000,000 $
124
Barbados flag
Barbados
5,698,150,000 $
125
French Polynesia flag
French Polynesia
5,325,846,361.812 $
126
Cayman Islands flag
Cayman Islands
4,708,167,255.287 $
127
Fiji flag
Fiji
4,682,479,893.976 $
128
Guyana flag
Guyana
4,279,840,193.705 $
129
Maldives flag
Maldives
4,129,505,319.129 $
130
Montenegro flag
Montenegro
4,010,885,990.84 $
131
Eswatini flag
Eswatini
3,908,217,914.218 $
132
Liberia flag
Liberia
3,227,075,700 $
133
Curaçao flag
Curaçao
3,058,779,211.898 $
134
Aruba flag
Aruba
2,962,906,703.911 $
135
Burundi flag
Burundi
2,810,532,912.5 $
136
Andorra flag
Andorra
2,789,882,569.1 $
137
Faroe Islands flag
Faroe Islands
2,573,905,971.055 $
138
Greenland flag
Greenland
2,499,113,022.817 $
139
Djibouti flag
Djibouti
2,424,391,785.439 $
140
Lesotho flag
Lesotho
2,359,686,724.538 $
141
Belize flag
Belize
2,193,095,150 $
142
Bhutan flag
Bhutan
2,187,815,803.368 $
143
Saint Lucia flag
Saint Lucia
1,807,640,740.741 $
144
Cabo Verde flag
Cabo Verde
1,749,857,620.353 $
145
Central African Republic flag
Central African Republic
1,695,825,714.193 $
146
Antigua and Barbuda flag
Antigua and Barbuda
1,437,485,185.185 $
147
Gambia flag
Gambia
1,378,176,608.932 $
148
Guinea-Bissau flag
Guinea-Bissau
1,152,384,166.796 $
149
Comoros flag
Comoros
966,029,600.862 $
150
Saint Kitts and Nevis flag
Saint Kitts and Nevis
957,222,222.222 $
151
Northern Mariana Islands flag
Northern Mariana Islands
910,000,000 $
152
Saint Vincent and the Grenadines flag
Saint Vincent and the Grenadines
786,555,555.556 $
153
Dominica flag
Dominica
583,177,777.778 $
154
Eritrea flag
Eritrea
NaN $
155
Grenada flag
Grenada
997,007,407.407 $
156
American Samoa flag
American Samoa
673,000,000 $
157
Micronesia (Fed. States of) flag
Micronesia (Fed. States of)
310,175,057.802 $
158
Palau flag
Palau
287,057,525.635 $
159
Marshall Islands flag
Marshall Islands
183,700,000 $
160
Nauru flag
Nauru
84,863,440.58 $
161
Saint Martin (French part) flag
Saint Martin (French part)
NaN $
162
United States flag
United States
18,206,020,741,000 $
163
United Kingdom flag
United Kingdom
2,945,579,890,258.459 $
164
South Korea flag
South Korea
1,539,212,301,135.547 $
165
Spain flag
Spain
1,206,164,777,553.124 $
166
Turkey flag
Turkey
865,460,050,683.656 $
167
Switzerland flag
Switzerland
694,118,186,379.628 $
168
Saudi Arabia flag
Saudi Arabia
693,414,400,000 $
169
Sweden flag
Sweden
501,602,351,911.6 $
170
Thailand flag
Thailand
401,296,238,228.084 $
171
United Arab Emirates flag
United Arab Emirates
381,973,042,886.317 $
172
South Africa flag
South Africa
346,709,790,458.563 $
173
Singapore flag
Singapore
307,998,545,269.398 $
174
Vietnam flag
Vietnam
239,258,328,381.741 $
175
Venezuela flag
Venezuela
125,449,241,571.391 $
176
Ukraine flag
Ukraine
91,030,967,789.072 $
177
Slovakia flag
Slovakia
89,178,548,717.332 $
178
Uzbekistan flag
Uzbekistan
86,196,264,755.311 $
179
Sri Lanka flag
Sri Lanka
85,090,301,052.047 $
180
Uruguay flag
Uruguay
57,680,327,998.669 $
181
Sudan flag
Sudan
51,726,758,676.768 $
182
Tanzania flag
Tanzania
47,413,919,817.124 $
183
Tunisia flag
Tunisia
45,779,494,041.93 $
184
Slovenia flag
Slovenia
42,709,468,274.814 $
185
Yemen flag
Yemen
42,444,490,073.855 $
186
Serbia flag
Serbia
41,297,410,634.959 $
187
Turkmenistan flag
Turkmenistan
35,799,714,285.714 $
188
Uganda flag
Uganda
32,387,183,730.1 $
189
Trinidad and Tobago flag
Trinidad and Tobago
26,841,141,793.214 $
190
Zambia flag
Zambia
21,251,216,798.776 $
191
Zimbabwe flag
Zimbabwe
19,973,250,000 $
192
Senegal flag
Senegal
17,774,766,696.176 $
193
Syrian Arab Republic flag
Syrian Arab Republic
16,466,863,117.001 $
194
State of Palestine flag
State of Palestine
13,972,400,000 $
195
South Sudan flag
South Sudan
11,997,800,760.224 $
196
Tajikistan flag
Tajikistan
8,271,431,485.075 $
197
Sierra Leone flag
Sierra Leone
6,788,352,974.783 $
198
Somalia flag
Somalia
6,152,149,099.999 $
199
Togo flag
Togo
5,755,457,836.019 $
200
Suriname flag
Suriname
5,126,237,646.221 $
201
United States Virgin Islands flag
United States Virgin Islands
3,663,000,000 $
202
Timor-Leste flag
Timor-Leste
1,590,282,371.464 $
203
Seychelles flag
Seychelles
1,432,403,352.129 $
204
San Marino flag
San Marino
1,419,401,070.56 $
205
Sint Maarten (Dutch part) flag
Sint Maarten (Dutch part)
1,417,888,715.084 $
206
Solomon Islands flag
Solomon Islands
1,307,908,813.6 $
207
Turks and Caicos Islands flag
Turks and Caicos Islands
1,078,274,000 $
208
Samoa flag
Samoa
824,150,498.654 $
209
Vanuatu flag
Vanuatu
759,690,180.952 $
210
Tonga flag
Tonga
437,525,514.241 $
211
Sao Tome and Principe flag
Sao Tome and Principe
259,999,643.047 $
212
Kiribati flag
Kiribati
191,559,398.688 $
213
Tuvalu flag
Tuvalu
36,811,936.082 $

Top 10 Countries

  1. #1China flagChina
  2. #2Japan flagJapan
  3. #3Germany flagGermany
  4. #4France flagFrance
  5. #5India flagIndia
  6. #6Italy flagItaly
  7. #7Brazil flagBrazil
  8. #8Canada flagCanada
  9. #9Russia flagRussia
  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. #206Solomon Islands flagSolomon Islands
  9. #205Sint Maarten (Dutch part) flagSint Maarten (Dutch part)
  10. #204San Marino flagSan Marino

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 of a nation's economic performance, providing insight into financial health and potential growth. In 2015, this metric underscored significant shifts within the global economic landscape, reflecting the intricacies of international markets and the factors influencing them. This analysis explores the economic dynamics of 2015, highlighting key players, emerging trends, and the broader implications of these financial figures.

Global Economic Landscape of 2015

In 2015, the global economic landscape was marked by diverse performances across different regions. The United States led the world with a staggering GDP of $18.2 trillion, representing a 3.7% increase from the previous year. This was closely followed by China, which, despite slowing growth rates, posted a GDP of approximately $11.3 trillion, growing by 5.7%. These figures underscore the dominance of these two economic powerhouses, which collectively accounted for a significant portion of the world's economic output.

Regional Contrasts and Economic Powerhouses

In stark contrast to the economic giants, countries such as Saint Vincent and the Grenadines and Samoa recorded GDPs of less than $1 billion. These economies, alongside others in the bottom tier, highlight the vast disparities in economic output and development levels globally. Meanwhile, mid-tier economies like India and Brazil presented a mixed picture. India saw a commendable increase in GDP to $2.1 trillion, reflecting its growing economic potential, whereas Brazil experienced a significant contraction, with a GDP decrease of 26.6%, largely attributed to political instability and declining commodity prices.

Notable Year-over-Year Changes

2015 was characterized by significant year-over-year changes in GDP across nations. The United States and China continued to grow, albeit modestly compared to past years. However, economies such as Russia and Brazil faced substantial setbacks, with Russia's GDP declining by 33.8% due to falling oil prices and international sanctions. Germany and Japan also saw notable GDP reductions of 13.6% and 9.2%, respectively, indicating challenges within some of the world's largest economies. These variations in economic performance were influenced by a combination of global commodity price fluctuations, exchange rate movements, and internal economic policies.

Impact of Economic Policies and Global Events

Economic policies and global events played pivotal roles in shaping GDP outcomes in 2015. The United States' incremental interest rate hikes and China's transition towards a consumption-driven economy were central themes influencing global financial markets. Simultaneously, the European Union grappled with challenges posed by the Greek debt crisis, which had reverberating effects across European GDPs, notably affecting economies like Italy and France. Furthermore, geopolitical tensions and trade negotiations added layers of complexity to the economic environment, impacting nations differently based on their policy responses and economic resilience.

Looking Ahead: Future Implications

Analyzing the GDP data from 2015 provides a foundation for understanding future economic trajectories. The disparities between developed and developing nations highlight the ongoing need for strategic economic reforms and investments in sustainable growth sectors. The resilience of large economies amidst global challenges underscores the importance of adaptive policy frameworks and innovation-driven growth models. As the world continues to navigate complex economic landscapes, GDP remains a crucial indicator for policymakers and investors aiming to gauge market potential and tailor strategies for future prosperity.

The Gross Domestic Product by country in current US dollars in 2015 reveals a world of economic contrasts, shaped by global trends, national policies, and unforeseen events. Understanding these dynamics is essential for stakeholders seeking to navigate the intricate web of global economics effectively.

Insights by country

1

Belize

In 2015, Belize ranked 181 out of 213 countries in terms of Gross Domestic Product (GDP) measured in current US dollars, with a total GDP of $2,193,095,150. This figure reflects the economic output of the country and serves as an important indicator of its economic health relative to other nations.

The relatively low GDP ranking can be attributed to several factors, including Belize's small population, which was approximately 366,000 in 2015, and a limited industrial base. The economy of Belize heavily relies on sectors such as tourism, agriculture, and services, which can be vulnerable to external shocks and fluctuations in global markets.

Additionally, Belize's geographic location and reliance on natural resources pose challenges, including vulnerability to climate change and natural disasters, which can impact economic performance. Despite these challenges, Belize is known for its rich biodiversity and cultural heritage, which continue to attract international tourists and investment.

2

Burkina Faso

In 2015, Burkina Faso ranked 135th out of 213 countries in terms of Gross Domestic Product (GDP), with a total GDP value of 11,832,159,315.63 USD. This figure reflects the economic output of the country and serves as an important indicator of its overall economic health and capacity.

The relatively low GDP ranking can be attributed to several factors, including the country’s heavy reliance on agriculture, which accounts for a significant portion of its economic activity. Burkina Faso is one of the poorest countries in the world, facing challenges such as limited industrialization, high rates of unemployment, and vulnerability to climate change, which impacts agricultural productivity.

Additionally, Burkina Faso has been experiencing socio-political challenges that can hinder economic growth, including periodic unrest and security issues. Despite these obstacles, the country has seen some growth in sectors such as gold mining, which has become a key driver of economic activity and foreign investment in recent years.

3

Thailand

In 2015, Thailand achieved a notable Gross Domestic Product (GDP) of 401,296,238,228.08 USD, ranking 27th out of 213 countries worldwide. This economic performance underscores Thailand's significant role in the Southeast Asian region as one of the largest economies.

The growth in GDP during this period can be attributed to a combination of factors, including a robust tourism industry, agricultural exports, and increasing foreign direct investment. Thailand's strategic location and well-developed infrastructure have further facilitated its economic activities, making it an attractive destination for investors.

Additionally, Thailand has benefited from its diverse economy, which spans manufacturing, services, and agriculture. In 2015, tourism alone contributed significantly to its GDP, with millions of international visitors drawn to its cultural heritage, natural beauty, and vibrant cities.

4

Liberia

Liberia was ranked 172nd out of 213 countries in terms of Gross Domestic Product (GDP) in 2015, with a recorded GDP of 3,227,075,700 USD. This figure highlights the challenges faced by the country in achieving economic growth following years of civil conflict and instability.

The low GDP value can be attributed to several factors, including a reliance on agriculture, infrastructure deficits, and post-war recovery efforts. Liberia's economy has historically been dependent on natural resources, particularly rubber and iron ore, which have been affected by fluctuations in global prices and demand.

Additionally, the country has been working to rebuild its economy since the end of the civil wars in 2003, with international aid playing a significant role in its recovery. Despite these challenges, Liberia has potential for growth, particularly in sectors such as mining, agriculture, and forestry, which could enhance its economic output in future years.

5

Russia

In 2015, Russia ranked 12th globally in terms of Gross Domestic Product (GDP) by country, with a total GDP of approximately $1,363,482,182,197.71 in current US dollars. This substantial economic output reflects Russia's position as one of the largest economies in the world.

The country's GDP is influenced by several factors, including its vast natural resources, particularly oil and gas, which significantly contribute to export revenues. Additionally, the impact of international sanctions and fluctuations in global oil prices during this period played a crucial role in shaping the economic landscape.

Notably, Russia’s economy faced challenges such as a declining ruble and rising inflation, yet it maintained a relatively high rank among countries, highlighting its economic resilience amid geopolitical tensions. In comparison, the GDP of the United States in the same year was approximately $18 trillion, emphasizing the scale of the Russian economy within the global context.

6

Tanzania

Tanzania ranked 86th out of 213 countries in terms of Gross Domestic Product (GDP) in current US dollars for the year 2015. The country's GDP at that time was approximately $47.41 billion, reflecting its economic activities and overall economic health.

This GDP figure can be attributed to several factors, including a reliance on agriculture, which employs a significant portion of the population, as well as the growth of sectors such as tourism and mining. The country benefits from its rich natural resources and diverse ecosystems, which attract international visitors and investments.

In the broader context, Tanzania's economy has shown resilience amid various challenges, including infrastructural deficits and reliance on external markets. Notably, the GDP growth rate has been bolstered by government initiatives aimed at enhancing economic diversification and improving business environments.

7

Mexico

In 2015, Mexico ranked 14th out of 213 countries in terms of Gross Domestic Product (GDP), with a total value of $1,213,294,467,116.88 in current US dollars. This position reflects Mexico's significant economic size and influence within the global market.

The robust GDP can be attributed to various factors, including a diverse economy characterized by manufacturing, agriculture, and a growing services sector. Additionally, Mexico benefits from its strategic location next to the United States, which facilitates trade and investment.

In the same year, Mexico's economy was bolstered by its participation in trade agreements such as the North American Free Trade Agreement (NAFTA), which enhanced its export capabilities, particularly in the automotive and electronics industries. Notably, the country also faced challenges such as income inequality and reliance on oil exports, which impact its economic stability.

8

Mauritania

Mauritania ranked 158th out of 213 countries in terms of Gross Domestic Product (GDP) in current US dollars for the year 2015. The country's GDP was approximately $6,166,863,896.69, reflecting its economic standing within the global context.

This economic output can be attributed to several key sectors, including mining, agriculture, and fishing, with iron ore being a significant export product. However, Mauritania faces challenges such as high levels of poverty, limited infrastructure, and vulnerability to climate change, which can impede economic growth and development.

Additionally, interestingly, Mauritania is characterized by a unique cultural heritage and a diverse demographic makeup, which influences its economic activities. Despite its challenges, the country has potential for growth, especially in the areas of renewable energy and sustainable fisheries.

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Norway

In 2015, Norway ranked 28th out of 213 countries in terms of Gross Domestic Product (GDP) by country in current US dollars, with a reported GDP of $388,159,512,245.53. This figure reflects Norway's robust economy, which is characterized by a high standard of living and a well-developed welfare state.

The strength of Norway's GDP can be attributed to several key factors, including its rich natural resources, particularly in the oil and gas sectors, which significantly contribute to national revenue. Additionally, Norway benefits from a stable political environment, a skilled workforce, and strong investments in technology and infrastructure.

Moreover, Norway is known for its high GDP per capita, which was approximately $73,000 in 2015, indicating a high level of productivity and economic output per individual. This positions Norway among the wealthiest nations globally, with a strong emphasis on sustainable development and social equality.

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Madagascar

In 2015, Madagascar ranked 141 out of 213 countries in terms of Gross Domestic Product (GDP), with a total GDP valued at $11,323,020,701.30 in current US dollars. This figure reflects the economic output of the country and provides insight into its economic performance relative to other nations.

The GDP of Madagascar has been influenced by several factors, including its reliance on agriculture, which accounts for a significant portion of its economic activity. The nation is rich in biodiversity and natural resources, yet it faces challenges such as political instability, poverty, and infrastructure deficits, which have hindered its economic growth.

Additionally, Madagascar's economy is heavily impacted by external factors such as global commodity prices and foreign investment flows. Despite these challenges, the country has potential for growth, particularly in sectors like tourism and sustainable agriculture, which could contribute to higher GDP figures in future years.

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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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