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Gross domestic product (GDP)

GDP in the world regions

GDP in the world regions, bln. $
Area197019801990200020102014
Africa107.5554.9546.6646.61 935.22 475.0
Americas1 350.53 931.17 770.513 306.021 951.725 452.1
Asia505.12 492.55 521.29 281.420 511.826 501.4
Europe1 382.95 091.38 727.49 587.819 776.321 896.9
Oceania53.6204.0381.2477.51 470.01 711.7
World3 399.512 273.722 947.033 299.365 645.078 037.1

GDP in the world regions, % in the world GDP
Area197019801990200020102014
Africa3.24.52.41.92.93.2
Americas39.732.033.940.033.432.6
Asia14.920.324.127.931.234.0
Europe40.741.538.028.830.128.1
Oceania1.61.71.71.42.22.2
World100.0100.0100.0100.0100.0100.0

GDP per capita in the world regions, $
Area197019801990200020102014
Africa294.41 162.7866.7795.51 856.22 142.9
Americas2 603.46 356.710 695.315 849.923 285.325 930.8
Asia243.6970.71 724.22 498.64 919.56 093.2
Europe1 965.16 783.912 108.813 170.426 826.329 594.5
Oceania2 740.28 947.414 261.815 519.240 692.744 499.7
World923.72 766.44 323.95 435.99 475.110 742.7

GDP per capita in the world regions, times to global average
Area197019801990200020102014
Africa0.320.420.200.150.200.20
Americas2.82.32.52.92.52.4
Asia0.260.350.400.460.520.57
Europe2.12.52.82.42.82.8
Oceania3.03.23.32.94.34.1
World1.01.01.01.01.01.0

Structure of GDP by the world regions, 2014, %

GDP in top 5 countries

GDP in top 5 countries, bln. $
Area197019801990200020102014
United States1 075.92 862.55 979.610 284.814 964.417 348.1
China89.6302.9396.61 208.96 005.410 430.6
Japan209.11 087.03 103.74 731.25 498.74 602.4
Germany215.0946.71 764.91 950.03 417.13 868.3
United Kingdom130.7565.01 093.21 554.72 403.62 988.9
World3 399.512 273.722 947.033 299.365 645.078 037.1

GDP in top 5 countries, % in the world GDP
Area197019801990200020102014
United States31.623.326.130.922.822.2
China2.62.51.73.69.113.4
Japan6.28.913.514.28.45.9
Germany6.37.77.75.95.25.0
United Kingdom3.84.64.84.73.73.8
Others49.453.046.240.850.849.7
World100.0100.0100.0100.0100.0100.0

GDP per capita in top 5 countries, $
Area197019801990200020102014
United States5 135.912 468.023 649.036 355.448 291.554 306.3
China110.9309.8343.5951.94 478.47 616.7
Japan2 016.09 377.725 388.337 634.443 188.236 298.2
Germany2 743.712 112.922 352.923 810.142 482.547 966.2
United Kingdom2 349.910 048.719 142.226 410.938 324.446 460.9
World923.72 766.44 323.95 435.99 475.110 742.7

GDP per capita in top 5 countries, times to global average
Area197019801990200020102014
United States5.64.55.56.75.15.1
China0.120.110.0790.180.470.71
Japan2.23.45.96.94.63.4
Germany3.04.45.24.44.54.5
United Kingdom2.53.64.44.94.04.3
World1.01.01.01.01.01.0

Kushnir's square in GDP

Kushnir's square (GDP, 2014)size (share in the world GDP)Total
< 0.1%0.1-1%1-10%10+%
Small economiesAverages economiesRegional leadersGlobal leaders
quality (GDP per capita, times to global average)10+Hi-developed    0.1%
1-10Developed 70.8%
0.1-1Developing 27.9%
< 0.1Least developed    0.5%
Total3.3%18.6%41.8%35.6%100%

GDP in regional organizations

GDP in regional organizations, bln. $
Area197019801990200020102014
African Union99.3527.6506.2599.51 809.02 326.5
APEC1 621.25 299.712 099.119 822.235 730.443 630.5
APTA167.7570.41 033.52 293.08 939.514 155.7
ASEAN37.5208.3375.8626.71 968.62 511.1
CIS734.4336.41 970.02 432.5
G71 980.46 914.014 986.621 770.832 671.335 563.4
G202 360.18 574.418 316.627 077.950 368.859 754.6
European Union 15821.43 707.77 310.28 379.015 601.917 027.4
European Union 25856.93 795.87 522.78 739.916 670.018 205.5
Euro area637.22 935.45 890.06 480.712 641.913 410.9
LAIA168.0728.11 096.22 074.44 983.45 837.4
League of Arab States43.4434.0440.2721.12 090.72 823.1
NAFTA1 207.93 367.86 865.011 672.817 628.420 428.2
NATO2 013.16 841.713 879.719 591.133 330.437 416.6
OECD2 202.57 755.615 687.922 332.238 941.944 181.6
Organisation of Islamic Cooperation153.91 043.61 202.11 688.45 431.46 954.2
OPEC75.9722.0542.0791.22 796.33 759.0
Shanghai Cooperation Organisation89.6302.91 017.51 502.97 728.312 576.2
Trans-Pacific Partnership1 492.64 744.910 497.617 227.425 543.327 998.6
World3 399.512 273.722 947.033 299.365 645.078 037.1

GDP in regional organizations, % in the world GDP
Area197019801990200020102014
African Union2.94.32.21.82.83.0
APEC47.743.252.759.554.455.9
APTA4.94.64.56.913.618.1
ASEAN1.11.71.61.93.03.2
CIS3.21.03.03.1
G758.356.365.365.449.845.6
G2069.469.979.881.376.776.6
European Union 1524.230.231.925.223.821.8
European Union 2525.230.932.826.225.423.3
Euro area18.723.925.719.519.317.2
LAIA4.95.94.86.27.67.5
League of Arab States1.33.51.92.23.23.6
NAFTA35.527.429.935.126.926.2
NATO59.255.760.558.850.847.9
OECD64.863.268.467.159.356.6
Organisation of Islamic Cooperation4.58.55.25.18.38.9
OPEC2.25.92.42.44.34.8
Shanghai Cooperation Organisation2.62.54.44.511.816.1
Trans-Pacific Partnership43.938.745.751.738.935.9
World100.0100.0100.0100.0100.0100.0

GDP per capita in regional organizations, $
Area197019801990200020102014
African Union291.71 181.9857.4784.51 836.82 128.7
APEC1 069.02 906.75 284.27 799.513 070.115 516.7
APTA113.7314.7470.7908.13 193.74 879.3
ASEAN133.1581.6843.31 193.03 305.04 017.5
CIS2 889.31 339.97 916.49 673.7
G73 449.211 222.722 903.031 168.944 201.347 233.3
G201 012.33 069.05 316.46 960.211 775.013 500.6
European Union 152 402.410 394.319 971.322 106.739 243.342 416.4
European Union 252 220.09 393.917 055.119 263.135 324.438 287.2
Euro area2 323.410 196.918 916.320 147.637 718.339 822.5
LAIA663.62 269.72 790.74 486.79 483.110 623.5
League of Arab States342.52 540.11 929.92 499.85 751.47 340.2
NAFTA4 268.910 412.718 750.728 032.238 105.542 521.2
NATO3 036.69 560.717 465.323 157.937 060.240 765.2
OECD2 850.69 108.316 580.321 708.934 973.038 592.6
Organisation of Islamic Cooperation266.11 384.61 158.41 311.03 453.64 109.0
OPEC533.73 748.22 072.62 412.66 766.68 301.5
Shanghai Cooperation Organisation110.9309.8754.31 024.55 014.47 990.8
Trans-Pacific Partnership3 097.98 524.716 570.124 123.732 547.134 467.5
World923.72 766.44 323.95 435.99 475.110 742.7

GDP per capita in regional organizations, times to global average
Area197019801990200020102014
African Union0.320.430.200.140.190.20
APEC1.21.11.21.41.41.4
APTA0.120.110.110.170.340.45
ASEAN0.140.210.200.220.350.37
CIS0.670.250.840.90
G73.74.15.35.74.74.4
G201.11.11.21.31.21.3
European Union 152.63.84.64.14.13.9
European Union 252.43.43.93.53.73.6
Euro area2.53.74.43.74.03.7
LAIA0.720.820.650.831.00.99
League of Arab States0.370.920.450.460.610.68
NAFTA4.63.84.35.24.04.0
NATO3.33.54.04.33.93.8
OECD3.13.33.84.03.73.6
Organisation of Islamic Cooperation0.290.500.270.240.360.38
OPEC0.581.40.480.440.710.77
Shanghai Cooperation Organisation0.120.110.170.190.530.74
Trans-Pacific Partnership3.43.13.84.43.43.2
World1.01.01.01.01.01.0

Methodology of GDP

2.138 Basically, GDP derives from the concept of value added. Gross value added is the difference between output and intermediate consumption. GDP is the sum of gross value added of all resident producer units plus that part (possibly the total) of taxes on products, less subsidies on products, that is not included in the valuation of output.

2.139 Next, GDP is also equal to the sum of the final uses of goods and services (all uses except intermediate consumption) measured at purchasers’ prices, less the value of imports of goods and services.

2.140 Finally, GDP is also equal to the sum of primary incomes distributed by resident producer units.

GDP: expenditure approach

  • Final consumption expenditure
    • Household final consumption expenditure
    • Final consumption expenditure of NPISHs
    • Government final consumption expenditure
  • Gross capital formation
    • Gross fixed capital formation, total
    • Changes in inventories
    • Acquisitions less disposals of valuables
  • External balance of goods and services
    • Exports of goods and services
      • Exports of goods
      • Exports of services
    • Imports of goods and services
      • Imports of goods
      • Imports of services
  • Statistical discrepancy

Source: The System of National Accounts, 2008 (2008 SNA)

© Ivan Kushnir


E-book. World macroeconomic research, 1970-2014