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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 rose by 69.5 billion US dollars (in 5.8 times) to 84.1 billion US dollars; change occurred by 2.6 billion US dollars by increasing population of Yugoslavia by 3.6 million, as well as by 66.9 billion US dollars by increasing of GDP per capita in Yugoslavia by 2822 US dollars. The average annual growth of GDP of Yugoslavia was 3.5 billion US dollars or 23.8%. Share in the World declined by 0.06%. Share in Europe decreased by 0.1%. Minimal GDP of Yugoslavia was in 1970 (14.6 billion US dollars). Maximal GDP of Yugoslavia was in 1989 (90.5 billion US dollars).

During 1970-1990 GDP per capita in Yugoslavia grew by 2822 US dollars (in 4.9 times) to 3549 US dollars. The average annual growth of GDP per capita in Yugoslavia was 141.1 US dollars or 19.4%.

Change of GDP of Yugoslavia described by linear correlation-regression model: y=4.094x-8050.341, where y - estimated value of GDP of Yugoslavia, x - year. Correlation = 0.967. Coefficient of determination = 0.935.

GDP of Yugoslavia, 1970

GDP of Yugoslavia in 1970 was worth 14.6 billion US dollars, ranked 26th in the world and was on par with GDP of Austria (15.2 billion US dollars). Share of GDP of Yugoslavia in the world was 0.43%.

GDP per capita in Yugoslavia in 1970 was 727 US dollars., ranked 70th 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 (910 US dollars) by 183 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 (109.3 billion US dollars), GDP of Austria (15.2 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 (2049 US dollars), GDP per capita in Austria (2032 US dollars), GDP per capita in Greece (1424 US dollars), GDP per capita in Albania (1097 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 Japan (209.1 billion US dollars) in 14.3 times, GDP of Germany (208.9 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 (2634 US dollars) in 3.6 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 (2049 US dollars), GDP of Yugoslavia would be 41.1 billion US dollars, it is 26.5 billion US dollars (181.5%) more than the actual level.

GDP of Yugoslavia, 1990

GDP of Yugoslavia in 1990 was equal to 84.1 billion US dollars, ranked 34th in the world and was on par with GDP of Thailand (88.3 billion US dollars). Share of GDP of Yugoslavia in the world was 0.37%.

GDP per capita in Yugoslavia in 1990 was worth 3549 US dollars., ranked 71st in the world and was on par with GDP per capita in Czechoslovakia (3563 US dollars), GDP per capita in Hungary (3515 US dollars), GDP per capita in Czech Republic (3413 US dollars), GDP per capita in Croatia (3411 US dollars). GDP per capita in Yugoslavia was less, than GDP per capita in the World (4249 US dollars) by 700 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 (1138.2 billion US dollars), GDP of Austria (164.8 billion US dollars), GDP of Greece (93.3 billion US dollars). GDP per capita in Yugoslavia was more, than GDP per capita in Hungary (3515 US dollars), GDP per capita in Bulgaria (2350 US dollars), GDP per capita in Romania (1735 US dollars), GDP per capita in Albania (645 US dollars), but was less, than GDP per capita in Austria (21481 US dollars), GDP per capita in Italy (20027 US dollars), GDP per capita in Greece (9187 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 71.1 times, GDP of Japan (3103.7 billion US dollars) in 36.9 times, GDP of Germany (1714.4 billion US dollars) in 20.4 times, GDP of France (1244.1 billion US dollars) in 14.8 times. GDP per capita in Yugoslavia was less, than GDP per capita in Japan (25388 US dollars) in 7.2 times, GDP per capita in United States (23495 US dollars) in 6.6 times, GDP per capita in France (21334 US dollars) in 6 times, GDP per capita in Germany (21301 US dollars) in 6 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 601.6 billion US dollars, it is 517.5 billion US dollars (615.3%) more than the actual level. With GDP per capita in Yugoslavia at the level of GDP per capita in Austria (21481 US dollars), GDP of Yugoslavia would be 509 billion US dollars, it is 424.9 billion US dollars (505.2%) 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 0.431.17.8
197115.878315.98.90.431.17.6
197216.581116.21.90.390.946.8
197321.5104716.62.50.420.987
197429.7143619.115.10.511.28.2
197533.3159419.20.520.511.28
197637.6178320.25.20.531.38.9
197745.7214821.98.40.581.49.5
197854.3253123.99.10.581.49.3
197968.23148254.60.631.59.2
198070320025.62.40.581.48.3
198168.93125261.60.561.59
198262.8282426.10.380.511.48.4
198364.4287025.7-1.50.511.58.8
198468.6303226.11.60.531.69.4
198572.3316526.41.10.541.79.5
198677.8337727.54.20.511.47.5
198782.63550281.80.481.36.4
198884.9361727.5-1.80.441.25.9
198990.5383227.91.50.441.35.9
199084.1354924.7-11.50.371 

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)23495556.8
best neighbor (Austria)21481509
average of Southern Europe13543320.9
average of Europe11671276.6
average of the World4249100.7

Comparison GDP of Yugoslavia and the neighbors

GDP of Yugoslavia and the neighbors, bln. dollars, 1970-1990
YearItalyAustriaGreeceYugoslaviaRomaniaHungaryBulgariaAlbania
1970109.315.212.514.612.76.392.3
1980459.881.254.27036.42510.82.2
19901138.2164.893.384.140.636.520.72.2

GDP per capita in Yugoslavia and the neighbors, dollars, 1970-1990
YearAustriaItalyGreeceYugoslaviaHungaryBulgariaRomaniaAlbania
197020322049142472760610596251097
198010749817956213200232412161626811
1990214812002791873549351523501735645

Comparison GDP of Yugoslavia and leaders

GDP of Yugoslavia and leaders, bln. dollars, 1970-1990
YearUnited StatesJapanGermanyFranceItalyYugoslavia
19701075.9209.1208.9146.4109.314.6
19802862.51087919.7690.3459.870
19905979.63103.71714.41244.11138.284.1

GDP per capita in Yugoslavia and leaders, dollars, 1970-1990
YearJapanUnited StatesFranceGermanyItalyYugoslavia
197020165126282426342049727
1980937812436125131161681793200
199025388234952133421301200273549


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