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Macroeconomics >> GDP of the World >> GDP of Europe >> GDP of Southern Europe >> GDP of Yugoslavia

Gross Domestic Product (GDP) in Yugoslavia

GDP of Yugoslavia, 1970-1990

During 1970-1990 GDP of Yugoslavia increased by 55.3 billion US dollars (in 4.8 times) to 69.9 billion US dollars; change occurred by 2.6 billion US dollars by increasing population of Yugoslavia by 3.6 million, as well as by 52.7 billion US dollars by increasing of GDP per capita in Yugoslavia by 2224 US dollars. The average annual growth of GDP of Yugoslavia was 2.8 billion US dollars or 18.9%. Share in the World decreased by 0.12%. Share in Europe dropped by 0.29%. Minimal GDP of Yugoslavia was in 1970 (14.6 billion US dollars). Maximal GDP of Yugoslavia was in 1989 (77.3 billion US dollars).

During 1970-1990 GDP per capita in Yugoslavia rose by 2224 US dollars (in 4.1 times) to 2951 US dollars. The average annual growth of GDP per capita in Yugoslavia was 111.2 US dollars or 15.3%.

Change of GDP of Yugoslavia described by linear correlation-regression model: y=3.574x-7022.442, where y - estimated value of GDP of Yugoslavia, x - year. Correlation = 0.938. Coefficient of determination = 0.879.

GDP of Yugoslavia, 1970

GDP of Yugoslavia in 1970 was equal to 14.6 billion US dollars, ranked 27th in the world and was on par with GDP of Austria (15.3 billion US dollars). Share of GDP of Yugoslavia in the world was 0.43%.

GDP per capita in Yugoslavia in 1970 was worth 727 US dollars., ranked 71st in the world and was on par with GDP per capita in Turkey (703 US dollars). GDP per capita in Yugoslavia was less, than GDP per capita in the World (921 US dollars) by 194 US dollars.

Comparison of GDP of Yugoslavia and the neighbors in 1970. GDP of Yugoslavia was more, than GDP of Romania (12.7 billion US dollars), GDP of Greece (12.5 billion US dollars), GDP of Bulgaria (9 billion US dollars), GDP of Hungary (6.3 billion US dollars), GDP of Albania (2.3 billion US dollars), but was less, than GDP of Italy (113.1 billion US dollars), GDP of Austria (15.3 billion US dollars). GDP per capita in Yugoslavia was more, than GDP per capita in Romania (625 US dollars), GDP per capita in Hungary (606 US dollars), but was less, than GDP per capita in Italy (2120 US dollars), GDP per capita in Austria (2048 US dollars), GDP per capita in Greece (1424 US dollars), GDP per capita in Albania (1089 US dollars), GDP per capita in Bulgaria (1059 US dollars).

Comparison of GDP of Yugoslavia and leaders in 1970. GDP of Yugoslavia was less, than GDP of United States (1075.9 billion US dollars) in 73.7 times, GDP of USSR (433.4 billion US dollars) in 29.7 times, GDP of Germany (215 billion US dollars) in 14.7 times, GDP of Japan (209.1 billion US dollars) in 14.3 times. GDP per capita in Yugoslavia was less, than GDP per capita in United States (5126 US dollars) in 7.1 times, GDP per capita in Germany (2712 US dollars) in 3.7 times, GDP per capita in Japan (2016 US dollars) in 2.8 times, GDP per capita in USSR (1790 US dollars) in 2.5 times.

Potential GDP of Yugoslavia in 1970. With GDP per capita in Yugoslavia at the level of GDP per capita in United States (5126 US dollars), GDP of Yugoslavia would be 102.9 billion US dollars, it is 88.3 billion US dollars (604.8%) more than the actual level. With GDP per capita in Yugoslavia at the level of GDP per capita in Italy (2120 US dollars), GDP of Yugoslavia would be 42.6 billion US dollars, it is 28 billion US dollars (191.8%) more than the actual level.

GDP of Yugoslavia, 1990

GDP of Yugoslavia in 1990 was 69.9 billion US dollars, ranked 36th in the world and was on par with GDP of Nigeria (68.3 billion US dollars). Share of GDP of Yugoslavia in the world was 0.31%.

GDP per capita in Yugoslavia in 1990 was equal to 2951 US dollars., ranked 81st in the world and was on par with GDP per capita in Lithuania (2804 US dollars). GDP per capita in Yugoslavia was less, than GDP per capita in the World (4303 US dollars) by 1352 US dollars.

Comparison of GDP of Yugoslavia and the neighbors in 1990. GDP of Yugoslavia was more, than GDP of Romania (40.6 billion US dollars), GDP of Hungary (36.5 billion US dollars), GDP of Bulgaria (20.7 billion US dollars), GDP of Albania (2.2 billion US dollars), but was less, than GDP of Italy (1177.8 billion US dollars), GDP of Austria (166.1 billion US dollars), GDP of Greece (93.3 billion US dollars). GDP per capita in Yugoslavia was more, than GDP per capita in Bulgaria (2350 US dollars), GDP per capita in Romania (1735 US dollars), GDP per capita in Albania (640 US dollars), but was less, than GDP per capita in Austria (21651 US dollars), GDP per capita in Italy (20725 US dollars), GDP per capita in Greece (9187 US dollars), GDP per capita in Hungary (3515 US dollars).

Comparison of GDP of Yugoslavia and leaders in 1990. GDP of Yugoslavia was less, than GDP of United States (5979.6 billion US dollars) in 85.5 times, GDP of Japan (3103.7 billion US dollars) in 44.4 times, GDP of Germany (1764.9 billion US dollars) in 25.2 times, GDP of France (1275.3 billion US dollars) in 18.2 times. GDP per capita in Yugoslavia was less, than GDP per capita in Japan (25388 US dollars) in 8.6 times, GDP per capita in United States (23495 US dollars) in 8 times, GDP per capita in Germany (21928 US dollars) in 7.4 times, GDP per capita in France (21868 US dollars) in 7.4 times.

Potential GDP of Yugoslavia in 1990. With GDP per capita in Yugoslavia at the level of GDP per capita in Japan (25388 US dollars), GDP of Yugoslavia would be 601.4 billion US dollars, it is 531.5 billion US dollars (760.4%) more than the actual level. With GDP per capita in Yugoslavia at the level of GDP per capita in Austria (21651 US dollars), GDP of Yugoslavia would be 512.8 billion US dollars, it is 442.9 billion US dollars (633.6%) more than the actual level.

GDP of Yugoslavia, 1970-1990
YearGDP, bln. dollarsGDP per capita, dollarsGDP, bln. dollarsgrowth rate of GDP, %share, %
current pricesconstant prices 1970in the Worldin Europein Southern Europe
197014.672714.6 0.431.17.6
197115.878315.98.90.4217.5
197216.581116.21.90.380.926.6
197321.5104716.62.50.410.966.9
197429.7143619.115.10.51.28.1
197533.3159419.20.520.51.27.9
197637.6178320.25.20.521.38.7
197745.7214821.98.40.571.49.3
197854.3253123.99.10.571.49.1
197968.23148254.60.621.59.1
198070320025.62.40.571.48.1
198168.93125261.60.551.58.8
198262.8282426.10.380.511.48.2
198364.4287025.7-1.50.511.48.6
198466.8295026.11.60.511.59
198568.6300726.41.10.511.68.9
198671.9312027.54.20.461.36.8
198774.13186281.80.421.15.7
198874.3316727.5-1.80.3815.1
198977.3327327.91.50.371.15
199069.9295124.7-11.50.310.81 

GDP of Yugoslavia, bln. dollars, 1970-1990

GDP of Yugoslavia, bln. dollars, 1970-1990

GDP per capita in Yugoslavia, dollars, 1970-1990, current prices

GDP per capita in Yugoslavia, dollars, 1970-1990, current prices

Growth rate of GDP in Yugoslavia, %, 1971-1990, constant prices

Growth rate of GDP in Yugoslavia, %, 1971-1990, constant prices

Potential GDP of Yugoslavia, 1990
rateper capita, dollarspotential GDP, bln. dollars
world leader (United States)23495556.5
best neighbor (Austria)21651512.8
average of Southern Europe13865328.4
average of Europe11989284
average of the World4303101.9

Comparison GDP of Yugoslavia and the neighbors

GDP of Yugoslavia and the neighbors, bln. dollars, 1970-1990
YearItalyAustriaGreeceYugoslaviaRomaniaHungaryBulgariaAlbania
1970113.115.312.514.612.76.392.3
1980475.881.954.27036.42510.82.2
19901177.8166.193.369.940.636.520.72.2

GDP per capita in Yugoslavia and the neighbors, dollars, 1970-1990
YearAustriaItalyGreeceHungaryYugoslaviaBulgariaRomaniaAlbania
197020482120142460672710596251089
198010835846456212324320012231626805
1990216512072591873515295123501735640

Comparison GDP of Yugoslavia and leaders

GDP of Yugoslavia and leaders, bln. dollars, 1970-1990
YearUnited StatesJapanGermanyFranceItalyYugoslavia
19701075.9209.1215148.9113.114.6
19802862.51087946.7703.5475.870
19905979.63103.71764.91275.31177.869.9

GDP per capita in Yugoslavia and leaders, dollars, 1970-1990
YearJapanUnited StatesGermanyFranceItalyYugoslavia
197020165126271228722120727
1980937812436119581275284643200
199025388234952192821868207252951

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E-book. World macroeconomic research, 1970-2013

E-book. World macroeconomic research, 1970-2013


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