GDP or gross domestic product - the cost of goods and services produced by the country. As a rule, GDP is calculated for a year and is submitted in national currency or in US dollars to carry out comparative analysis. If the GDP is calculated, all sectors of the economy will use.

Highlight three types of GDP:

Nominal GDP - expresses a formal character, calculated from current prices without taking into account inflation.

Real GDP - when miscalculated, the inflation of the current year is taken into account.

GDP for purchasing power of the population is the cost of goods and services produced by residents of the country, expressed in US dollars / total inhabitants.

GDP is an economically significant value, it can be called the display of the life of residents of the country. When GDP grows - life is improved, and when it decreases, respectively, it worsens. GDP is an indicator of the success of the economy, its decline is to reduce the well-being of citizens who are the basis of the state.

It should be said that for the first time the world heard the indicator of the gross domestic product in 1934 in the United States, he was offered Simon Kuznets. Up to this point there was no publicly available information on the economic activity of the country and its results.

Simon Kuznets made a report before Congress and presented his assessment of national income. In 1971, he was awarded the Nobel Prize for his work.

GDP is calculated by statistical institutions that report this information to the Source - World Development Bank. Statistics are updated annually and submitted publicly in November-December of each year.

GDP of Russia

At the same time, the GDP indicator per capita, calculated on purchasing power parity, in 2017 places Russia in the 55th place. Based on these data, the average Russian in 2017 spent 4.5 thousand dollars.

For comparative analysis, it is worth considering GDP growth rates in Russia over the past 10 years:

Year	%
2007	8,5
2008	5,2
2009	-7,8
2010	4,3
2011	4,3
2012	3,4
2013	1,3
2014	0,7
2015	-3,7
2016	-0,8
2017	1,5

The main reason for braking growth of the Russian economy experts are called the lack of reforms. The country's economic policy holds afloat, sometimes even shows improvements, but for the real change for the better lacking appropriate measures and actions.

Recent data

The state of the Russian economy can not be called catastrophic. Of course, there are a lot of internal problems, as well as the external sanctions of the United States, which one way or another bear the country's economy, but even at the same time the foreign debt of the country minus liquid assets are very small, 10% of GDP.

This is official information that speaks and reflects the political side of the economy. Speaking of the country's GDP, it is impossible not to affect the threads of the population. For the fourth year in a row, Russian revenues are reduced (on average by 3-5% annually). As a result, 2017, the poverty level in Russia is 13.8%.

Thus, the economic condition and GDP of Russia does not always displays the real life of its population. After all, people are more interested in their own capabilities, and not the numbers of the mythical GDP for them.

GDP in the world

Specialists of economic statistics analyzed the change in GDP in the world for the period from 1970 to 2016:

The world's GDP increased from 3398.7 to 75212.7, by 718.17 billion US dollars (22 times). This increase was promoted by the growth of the population of the world.

GDP per capita increased from 921 to 10167 US dollars. The average annual increase in income of the population amounted to 201 US dollar.

There are also calculations and analysis of projected economic changes in the world. From forecasts for 2050, there are such development options:

India will cost US and will take second place in terms of market volume, Indonesia, ahead of Japan and Germany will take the fourth place.

The fastest pace of economic development until 2050 is assigned to Vietnam, which is predicted by the 20th place in the global GDP rating.

Until 2042, the global economy can increase twice.

The process of redistribution of the world continues, the GDP rating is updated, there is a tendency to increase the growth of the economy in developing countries of Asia and other regions that gradually dispense mature developed markets.

As the saying characterizing the mentality of the Slavic peoples, saying - "Well where we are not." Interest, the desire to live is better, the desire for comfort and stability awakens human interest in other countries. Building international ratings, disputes about the economy and dry figures rarely become interested in a person if they do not have a landed nature close to understanding.

Therefore, speaking of the economy, it is necessary to talk about the consequences for the country's residents from conducting a particular economic policy. China's economy is comparable to date with the US economy, and has every chance of surpassing. However, everyone understands that the standard of living of the average Chinese family is very different from the standard of living of the same family from the United States.

Table of GDP of the countries of the world according to the calculations of the IMF:

№	Country	2016	2017
19	Australia	1197	1246
45	Austria	420	440
73	Azerbaijan	169	172
122	Albania	34,0	36,0
36	Algeria	610	633
66	Angola.	186	190
175	Antigua and Barbuda	2,29	2,39
27	Argentina	879	920
133	Armenia	25,8	28,3
98	Afghanistan	66,7	69,6
152	Bahamas	11,2	11,6
32	Bangladesh	630	687
166	Barbados	5,11	5,24
97	Bahrain	67,1	70,4
171	Belize	3,13	3,21
71	Belorussia	172	179
37	Belgium	510	528
138	Benin	23,6	25,3
76	Bulgaria	145	153
92	Bolivia	78,8	83,6
109	Bosnia and Herzegovina	42,7	44,6
117	Botswana	37,4	38,9
8	Brazil	3152	3240
125	Brunei	32,8	33,5
123	Burkina Faso	33,0	35,8
159	Burundi	7,85	7,99
160	Butane	6,52	7,03
184	Vanuatu	0,73	0,77
9	Great Britain	2812	2914
59	Hungary	273	289
47	Venezuela	435	381
163	East Timor	7,26	6,75
35	Vietnam	595	647
120	Gabon	35,8	36,7
144	Haiti	19,4	19,9
164	Guyana	6,05	6,29
169	Gambia	3,42	3,60
79	Ghana	121	134
77	Guatemala	132	138
172	Guinea-Bisau.	2,92	3,14
136	Guinea	24,4	26,5
5	Germany	3997	4171
108	Honduras	43,3	46,2
43	Hong Kong (PRC)	430	455
177	Grenada	1,52	1,61
56	Greece	289	299
116	Georgia	37,2	39,7
60	Denmark	276	287
168	Djibouti	3,34	3,63
183	Dominica	0,81	0,79
72	Dominican Republic	162	172
100	DRC	65,0	68,5
21	Egypt	1132	1201
99	Zambia	65,3	68,9
124	Zimbabwe	32,4	34,0
54	Israel	301	316
3	India	8705	9459
7	Indonesia	3032	3243
87	Jordan	85,6	89,1
34	Iraq	652	659
18	Iran	1549	1645
149	Iceland	16,7	17,6
15	Spain	1691	1774
12	Italy	2237	2311
118	Yemen	44,0	38,6
167	Cape Verde	3,53	3,74
42	Kazakhstan	451	478
103	Cambodia	59,0	64,3
88	Cameroon	84,6	88,9
17	Canada	1687	1769
52	Qatar	328	341
74	Kenya	153	163
126	Cyprus	29,9	31,6
140	Kyrgyzstan	21,6	23,0
189	Kiribati	0,22	0,23
22	Taiwan	1133	1185
1	PRC	21290	23159
31	Colombia	689	714
180	Komora.	1,26	1,31
91	Costa Rica	79,8	83,9
85	Côte d'Ivoire	88,3	96,9
58	Kuwait	294	291
107	Laos	45,2	49,2
106	Latvia	50,7	53,9
161	Lesotho	6,63	6,96
165	Liberia	5,85	6,10
90	Lebanon	85,1	87,7
102	Libya	37,0	64,4
86	Lithuania	86,3	91,2
104	Luxembourg	59,5	62,7
134	Mauritius	26,0	27,5
150	Mauritania	16,4	17,3
114	Madagascar	37,5	39,7
95	Macau	64,5	71,8
127	Macedonia	30,4	31,0
141	Malawi	21,1	22,4
26	Malaysia	863	931
113	Mali.	38,2	41,0
162	Maldives	6,45	6,89
146	Malta	17,8	19,3
57	Morocco	281	299
190	Marshall Islands	0,18	0,19
11	Mexico	2367	2458
187	Micronesia	0,33	0,35
119	Mozambique	35,1	36,7
143	Moldova	19,0	20,1
115	Mongolia	37,1	39,7
53	Myanmar	303	329
135	Namibia	26,3	26,5
191	Nauru	0,15	0,16
93	Nepal	71,8	78,6
142	Niger	20,4	21,8
24	Nigeria	1090	1119
28	Netherlands	873	916
121	Nicaragua	34,1	36,4
67	New Zealand	180	189
48	Norway	367	380
33	UAE	671	687
69	Oman	184	187
25	Pakistan	986	1057
188	Palau	0,29	0,29
82	Panama	96,9	104
129	Papua New Guinea	29,7	28,9
101	Paraguay	64,3	68,3
46	Peru	407	424
23	Poland	1053	1121
55	Portugal	300	313
80	Puerto Rico	129	121
130	Republic of Congo	29,0	28,6
14	The Republic of Korea	1934	2029
145	Republic of Kosovo.	18,5	19,6
6	Russia	3877	4008
139	Rwanda	22,8	24,6
41	Romania	442	481
105	Salvador	54,7	57,0
182	Samoa	1,09	1,13
176	San Marino.	1,99	2,05
185	Sao Tome and Principe	0,64	0,68
16	Saudi Arabia	1755	1774
154	Swaziland.	11,1	11,3
173	Seychelles	2,56	2,72
110	Senegal	39,6	43,2
181	Saint Vincent and Grenadines	1,23	1,27
178	Saint Kitts and Nevis	1,46	1,53
174	Saint Lucia	2,42	2,54
81	Serbia	102	105
38	Singapore	500	527
70	Slovakia	170	179
96	Slovenia	66,5	71,1
179	Solomon islands	1,26	1,32
148	Somalia	18,0	18,7
68	Sudan	178	187
158	Suriname	8,36	8,51
2	USA	18624	19391
153	Sierra Leone	10,9	11,5
132	Tajikistan	26,0	28,4
20	Thailand	1166	1234
75	Tanzania	150	162
151	Togo	12,2	12,9
186	Tonga	0,56	0,59
111	Trinidad and Tobago	43,4	43,0
192	Tuvalu	0,04	0,04
78	Tunisia	131	135
83	Turkmenistan	95,5	103
13	Turkey	1994	2173
89	Uganda	83,4	88,7
63	Uzbekistan	208	223
50	Ukraine	353	369
94	Uruguay	74,5	78,1
157	Fiji	8,19	8,65
29	Philippines	806	876
62	Finland	233	244
51	Ireland	325	357
10	France	2735	2836
84	Croatia	96,9	101
170	CAR	3,19	3,37
131	Chad	30,6	29,0
155	Montenegro	10,4	11,0
49	Czech Republic	354	376
44	Chile	437	451
40	Switzerland	503	517
39	Sweden	500	521
61	Sri Lanka	262	275
65	Ecuador	184	193
128	Equatorial Guinea	31,2	30,4
156	Eritrea	8,78	9,38
112	Estonia	38,9	41,6
64	Ethiopia	177	200
30	South Africa	742	766
147	South Sudan	20,7	18,7
137	Jamaica	25,4	26,1
4	Japan	5243	5429

Attractive economy is observed in such countries:

San Marino is a dwarf state, ancient sovereign state, founded in 301 to our era. Considering the economic attractiveness of San Marino, it is worth noting that this is one of the richest states in terms of GDP per capita (44480 US dollars). Unemployment rate is one of the lowest in Europe. Such a situation contributed to the development of the financial sector and tourism in the country. However, over the past few years, San Marino's high ratings are somewhat shaken, this happened in the end of Europe's struggle with money laundering. San Marino was taxed for a long time, the means of Italian taxpayers actively attracted here. After the tax amnesty in Italy (2009), the banks of San Marino lost a third of their assets.

Canada is known for the stability of the middle class of the population. According to experts, the middle class of Canada will be at the level above the average class of the United States. Rising commodity prices, as well as the developing Financial Industry of Canada, make it an economically developing country, the pace of development of Canada is gaining every year.

Switzerland is a unique country for economic standards, since in Switzerland it is impossible to allocate a particular successful industry in the country. It is successfully involved in the technological, financial and manufacturing sphere. The political neutrality of Switzerland creates ideal conditions in order to be the location of the headquarters of both transnational companies and non-commercial organizations.

USA - GDP per capita is 53101 US dollars, one of the maximum indicators. At the same time, the problem in the country is a big income difference between the layers of the population. Too explicit difference is visible between rich and poor families. At the same time, the average class of the United States in terms of living levels exceeds most countries of the world.

Singapore is an island state, which is the most important port of the world. Singapore - Commercial Center for Transporting in Asia, Asian Capital of the Financial World. Being almost the Currency Trade Center, Singapore has increased the average daily trade volume by 50% over the past three years. Singapore is also famous for the transparent and business-friendly tax policy and a high level of security. It is for these reasons that he enters the top three leaders in the reception of the richest people of the world.

Prosperous, stable countries, with a lot of economics favorable for the population, and this is far from an exhaustive list, everyone marks something important for themselves and gives its preference to the economy of a country.

In contrast to successful and economically developed countries, there have always been countries with a weak economy. According to geographical signs, all the poorest countries, they are the worst according to the rating of GDP, are concentrated around the equator and tropical latitudes. This is explained by the fact that it is on this territory that the largest population density.

Afghanistan - GDP per capita - 687 US dollars. The history of Afghanistan is known to us not at the break. The civil war in the country began in the 80s. The population of the state is involved either in hostilities or in the cultivation of drugs, which are the basis of the economy of Afghanistan.

Liberia - GDP per capita - 500 US dollars. The state was founded in the 19th century by slaves released on freedom from the United States. Liberia is little similar to the classic example of the state, the basis of the population (95%) is the aborigines, tribes that are engaged exclusively by clarifying relations with each other.

Burgundy - GDP per capita - 389 US dollars. Agriculture prevails in the country, there are no other classes for the population, although it does not give people any income and prospects.

Niger - per capita GDP - 381 US dollar. Over the past 25 years, several military coups occurred in the country, which caused the non-stop redistribution of power, without the end. Excessive poverty as it should not be better characterized by this country.

Democratic Republic of Congo - per capita GDP - $ 216. The result of the Civil War, which began in the 90s, which lasted with small interruptions and outbreaks of about 8 years. Over the years, the Congo has been destroyed by the Congo without that shaky economy.

The inner gross product is a special macroeconomic indicator, which is often called synonymous with the economy. It shows the amount of all goods and services produced in the country and ready for consumption in market prices. The activities of absolutely all organizations, commercial, budget, non-financial institutions, branches of foreign companies, etc. Thus, GDP shows how effectively the country's economy works. In addition, the analysis of this indicator over the past years allows us to talk about positive or negative dynamics.

Also calculated. This calculation is made in all countries, including Russia. General levelGDP is divided into the total number of citizens of the state, and according to the results we can say about their well-being. In 2015, Luxembourg with a large margin from the rest occupies the first place in the ranking. It is worth noting that the Qatar was previously in the first place; The main income of this country brings liquefied gas, and together with the price collapse for this natural resource, the near-eastern monarchy moved to third place.

In 2016, the IMF predicted a decrease in GDP by 0.6%. Increased GDP in Russia in 2017 was predicted by 1.1%, and in 2018 - by 1.2%.

The main industries of Russia

• 19% of GDP accounts for trade (Wholesale and retail), as well as repair of motor vehicles, motorcycles, household items and personal items;
• 16% - taxes;
• 16% - financial activities, real estate operations, rental, public and social services;
• 14% - manufacturing industry;
• 9% - mining mining;
• 8% - transport and communication;
• 6% - education, health care;
• 5% - construction;
• 4% - agriculture, forestry, fisheries and fish farming;
• 3% - production and distribution of gas, electricity and water.

The development of those industries that "emerge" will increase, and, consequently, the growth of the pillow. The growth in the volume of such industries can seriously improve the situation. In addition, the development of a direction or another, as a rule, always requires additional human resources. Accordingly, the unemployment rate can be reduced.

GDP dynamics for 25 years

Since the proclamation of the Russian Federation, there were quite a few change and significant events. According to the schedule, it is clear how the heap volume of GDP over the past 25 years increased, and that in recent years it has been observed some decline.

In addition to dry data, it is also necessary to remember that Russia is a big country that has been in the past, quite heavy and unstable times, so to bring the economy to a qualitatively new level is not easy. GDP per capita in 2017 in Russiaaccording to the IMF data amounted to $ 27,893, which corresponds to 47 points in the ranking. Analysts and experts in the field of economics predict Russia for three more years of crisis. According to optimistic forecasts, the peak crisis has already been passed, and some even talk about GDP growth in 2017 due to the rise in oil prices. The IMF prevents the fall of the economy by 1.1%, and claims that even the growth of the barrel value will not be able to save the situation. The crisis can delay for several years due to sanctions and their consequences. Internal imbalance does not give the economy to work efficiently, therefore, growth is possible only when it is resolved.

Sources: International Monetary Fund, World Bank, Organization of Economic Cooperation and Development

If you exhibit interest in the events in the world, then undoubtedly noticed the constant strengthening of China's economy. When economists are evaluating the economy of any country, they mean GDP (gross domestic product), which is the sum of the entire economic activity of the country. This is not an ideal way to measure the real growth of the economy, but for rapid analysis of the economic situation suits.

When determining the economic level, GDP per capita - the best tool than just GDP. In order to really provide ratings, the GDP per capita is adjusted taking into account the purchasing power parity (PPS), the concepts in the economy used to determine the relative cost between currencies.

Here are 10 countries with the highest GDP per capita, taking into account the amendments to PPP, by definition of the International Monetary Fund (IMF).

10. Australia - per capita GDP: $ 43,073

Australia - a member of the Commonwealth, one of the countries with the highest standard of living, recently set up serious economic relations with China and with other growing economies of Asia. The main factor in the growth of the Australian economy is EC goods, due to the manufacturing industry.

9. Canada - GDP per capita: $ 43 427

New York Times in the article about the Middle Classes of Canada and the United States noted that the first Middle Population of Canada is provided better than the average layer in the United States.

Over the past decade, a rating of one of the most peace-loving countries has grown. The growth of the economy based on increasing prices for raw materials in the market, as well as the developing financial industry made Canadians much more secured.

8. San Marino - GDP per capita: $ 44,480

The tiny country of San Marino is also one of the world's richest per capita. San Marino, surrounded from all sides of Italy's territory, the oldest sovereign state in the world, since the current political system is a direct successor of the system formed in 301 AD.

San Marino has no state debt, one of the lowest unemployment levels in Europe, thanks to the highly developed financial industry and tourism. For 32,000 citizens, these industries are sufficient welfare.

7. Switzerland - per capita GDP $ 46 430

Switzerland, known as the manufacturer of the most delicious and expensive chocolate chocolates, has a long history and retains neutrality in all international problems - even in the UN only in 2002.

In the country, not only the production, science and technology, but also the financial sector, so Switzerland became the economic center of the world. The neutrality remained for a long time attracted not only the headquarters of transnational corporations (Nestle et al.), But also such a non-profit organization as the Red Cross. Probably, Switzerland will long lead in the European economy.

6. USA - GDP per capita: $ 53 101

Although the economy is per capita and looks strong, but the expanding gap in the well-being level, really secured very little (less than 1%) of people. Nevertheless, the middle class of the United States is better than in many countries.

5. Brunei - GDP per capita: $ 53 431

Brunei - few people who are famous little country. Former British Colony, the sovereign state is located on the island of Borneo, sharing it with Malaysia and Indonesia. Thanks to major oil fields, Brunei became a very rich country. Brunei is one of the two countries in the world who have no state debt. 90% of GDP Brunei is based on sales of crude oil, therefore the future of the country's economy will depend on oil prices.

4. Norway - GDP per capita: $ 54,947

Unlike Brunei, Norway is a country with large oil reserves, at the same time is a country with a mixed economy. 57% of GDP make up gas and crude oil. Oil reserves contribute to the national welfare fund, which did, at least on paper, every Norwegian millionaire. Of course, individual citizens do not have access to these money, but it is money that Norway made Norway with the most stable state in the modern world.

3. Singapore - per capita GDP: $ 64,584

Singapore, the State-Island in Asia, is known as one of the most important and largest port cities in the world. Singapore - the commercial center of Asia for transportation and transportation, at the same time, as before Hong Kong, become a key city in the financial industry.

Initial vegetation for highly developed 5.4 million cities remained little. The importance of the Singapore port, and the status of tax asylum for ultra rich, means that Singapore will be rich every year.

2. Luxembourg - per capita GDP: $ 78,670

Luxembourg, like Switzerland, has economy based on steel and chemicals. To compensate for losses after the departure of many industries in Asian states, banking and other financial services developed well. Favorable taxes were attracted here headquarters of various transnational corporations, especially Internet startups ( Amazon, Skype.). Luxembourg goes to become even richer, so his small population (537,853) will not have any problems.

1. Qatar - per capita GDP: $ 98 814

Qatar - monarchy, which is ruled by the Al Tanya family. It is famous for its national welfare foundation, which among other things, allows you to buy football teams and airlines around the world. Like many states, this fund is based on oil, the reserves of which are posed by Qatar on the 3rd place in the world.

Although its population is 1.8 million people, of whom citizens of the country are only 280,000. The rest, migrants, which are not included in the calculations, act as a low-class worker, without receiving any benefits from national wealth. But for those belonging to the happy 280,000, Qatar is the richest state in the world.

Want to know what countries are the happiest countries? See the top 5 of the happiest countries of the world. The index of happiness includes the well-being of the people and the state of the environment.

Often, such an economic indicator is used to evaluate the economic condition of the country as GDP per capita. All people know about the existence of GDP. This term people often hear in economic news. But, unfortunately, do not everyone know what it is.

GDP - gross domestic product. If we talk simple words, then GDP is an indicator of the value of goods issued and services in one way or another. These are all products and services produced in the state, which are expressed in the monetary equivalent. Often this indicator is expressed in US dollars due to the fact that the US dollar is one of the most stable currencies in the world.

Today there are two types of GDP:

1. Nominal is the total amount of products and services, measured at current prices, that is, in the costs that are relevant to today.
2. Real GDP - the total amount of products and services produced during a certain period of time, measured in the basic costs. Basic costs are constant prices.

The difference between nominal and real GDP indicators is that only changes in the volume of goods produced can affect real GDP. While the price of products and services itself affects the change in the rating of nominal GDP.

The ratio of nominal to the real indicator in the economy is called the GDP deflator.

In other words, a deflator is an indicator of the difference in total value in the economic industry.

The total volume of GDP we divide the number of citizens living in the state.

The most developed states

The most developed countries in the world in 2018-2019 according to the rating of countries have become such states as:

America entered the ranking of countries with the highest GDP level thanks to such corporations as Microsoft and Google. Every year in America there is an increase in the country's GDP in the amount of 2.2%. An indicator per person is 55,000 dollars.

1. With GDP 11.2119 trillion US dollars. China does not leave its position and still remains one of the world's most leading economies. According to economists and financial analysts, China has all the opportunities soon to oust the United States of America. This is possible due to the intensive growth of GDP magnitude. The share of GDP in China is growing by 10% annually.
2. The third place takes. Despite the fact that economists predict Japan partial suspension of growth in indicators, this country of the world today possesses GDP in the amount of 4.2104 trillion dollars.

According to statistics, the share of GDP of this republic increases by 1.5%. An increase in indicators occurs due to the export of car, household appliances, computers and other electronic goods. In this country, GDP per capita is 39,000 dollars.

1. The fourth place occupies with the level of GDP in 3413.5 trillion American dollars a year. The country was able to achieve such indicators thanks to the export of car brand "Volkswagen", industrial equipment and household appliances. Compared with the previous year, the share of gross domestic product in Germany increased by 0.4%. GDP per capita is equal to $ 46,000.
2. Last place in the top 5 developed countries of the world occupied. The level of the indicator at a mark at 2853.4 trillion dollars allowed UK to displace France.

List of developed countries

Below are the top 20 largest countries of the world, which occupied the leading position in the level of GDP after the five most developed countries of the planet.

The name of the country	GDP (expressed in billions of US dollars)
France	2464.8
India	2288.7
Italy	1848.7
Brazil	1534.8
Canada	1462.3
South Korea	1321.2
Spain	1242.4
Australia	1200.8
Russia	1132.7
Mexico	1082.4
Indonesia	937.0
Netherlands	762.5
Turkey	751.2
Switzerland	651.8
Saudi Arabia	618.3
Nigeria	538.0
Sweden	512.6
Taiwan	508.8
Poland	473.5
Belgium	465.2

Indicators in EU countries

The European Union is a very powerful and unique economic structure. In 2019.

GDP of the countries of the world for 2018

Top 10 most economically developed EU countries (2018 statistics):

• The most developed country of the world included in the European Union is Liechtenstein. Despite its small area, in this country an incredibly strong economy, which is evidenced by the indicator of GDP per capita, which was equal in 2016 85,400 euros.
• Second place is given to the Netherlands. This country has per capita GDP in the amount of 42,400 euros.
• Ireland ranks third. The size of GDP per capita is equal to 40,000 euros.
• In Austria, the GDP indicator per capita is 39,700 euros.
• Sweden possesses an indicator at the level of 38,900 euros.
• In Germany, the size of the gross domestic product is 38,800 euros.
• According to statistics in Finland, the GDP level is 38,100 euros.
• The eighth place occupies Italy with GDP at 35,800 euros.
• In the UK, there is a tempo of GDP growth. In 2015, this figure was equal to 34,600 euros.
• The tenth place occupies Spain with an indicator of 33,700 euros.

Table: The level of GDP of the European countries in the EU

Name of the Republic	GDP per person (expressed in euro)
Denmark	31 500
Cyprus	30 700
Belgium	28 100
Slovakia	26 100
Slovenia	25 300
France	25 800
Portugal	24 900
Hungary	24 500
Poland	24 400
Greece	23 600
Estonia	22 900
Czech Republic	19 800
Romania	19 700
Lithuania	18 000
Latvia	16 700
Bulgaria	15 800
Malta	14 600
Croatia	12 600

The most "weak" states

Economists of Forex technical analysis conducted studies regarding the forecast of growth and decline in GDP for 2019. According to the conclusions, the list of countries with weak economies in 2019 will consist of such states as:

Forecast of the dynamics of increasing GDP of other countries of the world

Table: The list of countries in 2019 is expected to raise the level of GDP

Name of the Republic	Expected growth (expressed in%)	The likelihood of economic crisis (expressed in%)
India	7.4	0
Vietnam	6.6	0
China	6.5	12
Sri Lanka	6.4	0
Philippines	6.0	5
Dominican Republic	5.4	0
Indonesia	5.2	10
Malaysia	4.5	10
Bolivia	3.9	20
Peru	3.8	10
Romania	3.8	10
Poland	3.5	5
Albania	3.5	0
Slovakia	3.3	8
Thailand	3.2	5
Iceland	3.1	0
Turkey	3.0	20
Bosnia	3.0	0
South Korea	2.9	18
Colombia	2.8	8
Mexico	2.8	10
Sweden	2.8	10
Spain	2.7	5
Czech Republic	2.7	10
Australia	2.6	15
Bulgaria	2.5	10
United States of America	2.5	15
Armenia	2.5	0
Hungary	2.4	0
New Zealand	2.3	13
Great Britain	2.3	13
Uruguay	2.0	25
Kazakhstan	2.0	33
Taiwan	2.0	55
Germany	1.8	8
Canada	1.8	25
Serbia	1.6	18
France	1.4	10
Norway	1.4	15
Ukraine	1.4	60
South Africa Republic	1.4	25
Italy	1.3	13
Denmark	1.9	0
Kuwait	1.9	0
Chile	2.3	5
Azerbaijan	2.4	0

In the countries of the European Union, an increase in GDP level is expected to be 1.7%. In this case, the probability of recession is 15%.

1. China.
2. Rwanda. This country is concentrated on the export of minerals, coffee, tea. Despite the fact that the state economy is growing, it is still one of the most poorest in the world.
3. Tanzania. The main product of the export of Tanzania is gold.
4. Mozambique. This country exports coal and natural gas worldwide.
5. Butane. The economy of the republic increases due to the development of rural and forestry.
6. India.
7. New Guinea. Export: Gold, Copper, Oil, Agriculture Products.
8. Côte d'Ivoire. The country is one of the largest exporters of cocoa - beans, agricultural products, coffee and palm oil.
9. Uzbekistan. Products: Cotton, Natural Gas, Gold.
10. Burma.
11. DR Congo.
12. Turkmenistan. This state exports cotton and natural gas.
13. Ethiopia. Export Products: Textile Industry, Electricity, Agriculture Products.

The name of the country	GDP increase in 2018 (expressed in%)	GDP growth forecast in 2018 (expressed in%)
China	7.00	6.90
Rwanda	7.00	7.50
Tanzania	7.10	7.10
Mozambique	7.30	7.30
Butane	8.40	7.00
India	7.80	8.00
New Guinea	5.00	2.40
Côte d'Ivoire	7.70	7.50
Uzbekistan	7.80	8.00
Burma	8.20	8.00
DR Congo	8.50	9.00
Turkmenistan	9.00	9.00
Ethiopia	10.50	8.50

Instruction

The need for calculation GDP on the soul population GDP population GDP

To determine GDP on the soul population population GDP on the soul population

GDP on the soul population GDP on the soul population

GDP on the soul population population. It is not considered an ideal indicator of the country's development, although it can be used when analyzing it.

GDP - Gross domestic product is the market value of all goods and services intended for direct use, which were produced in all sectors in the country for consumption, export or accumulation. This is one of the main indicators of the state economy. This indicator is calculated as nominal and real - with amendment for inflation. Usually GDP It is calculated quarterly and for the year.

You will need

• These statistics on the economy industry for the required period, it is desirable to use specialized programs to facilitate the calculation. Immediately to calculate, select one of three techniques.

Instruction

For GDP According to the value added method, exceptionally finite goods and services should be calculated, without taking into account the intermediate products, which will entail double accounting. In this case, the added value is the market price of the products, minus raw materials and materials, therefore, in the calculation GDP Only amounts are used at the market price of all issued goods and services rendered.

For calculation GDP You should summarize all expenses of economic entities for the purchase of the final. According to this method, consumer spending of the population are summed up, private investment in the national economy, government procurement of goods and services, net exports of the country.

For calculation GDP In revenues, all owners of factors operating in the country's geographical framework, both residents and non-residents should be summed. According to this method, salary are summed up, deductions for social insurance, gross, gross mixed income, taxes on and less subsidies.

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note

Many business entities are private individuals and enterprises deliberately distort the magnitude of their income, hiding them from taxation, so the obtained GDP indicator is not a complete reflection of the economic outcomes of work for the period

Helpful advice

In theory, all methods should give the same figure, however, in practice, this is not the case, in particular due to the methodological misstitution of the accounting time of different indicators.

Sources:

• Detailed article on GDP calculation methods
• calculate GDP by income

Gross domestic product ( GDP) It may be nominal or real. The second is more suitable for comparison between countries and at different periods of time, as it shows the real level of economic development with an amendment for inflation (change in price level). And nominal and real GDP Calculate in monetary signs (rubles, dollars).

You will need

• Rosstat
• http://www.gks.ru/wps/wcm/connect/rosstat/rosstatsite/main/
• http://www.imf.org/external/index.htm.
• The book of the facts of the CIA
• https://www.cia.gov/library/publications/The-World-FactBook/index.html

Instruction

Roughly speaking to calculate the real GDPYou need to "clean" the nominal from inflation. When calculating Real GDP For the base year, you can take any year, including the currently important. For example, for historical comparison, you can calculate the real GDP 2000 in prices 2010, in this case the baseline will be the 2010th.

For counting it is necessary nominal GDP Basic year. To do this, you can use Rosstat research (if you require data only in the Russian Federation), as well as information IMF, the World or World Book of the CIA. To get a real digit GDP, It is necessary nominal GDP Divide on the overall price level (calculated as the price index).

Most often as price indices for counting real GDP The consumer price index (CPI) is used, which is calculated based on the cost of goods included in the market consumer basket (the average number of goods consumed by the average family for the year). In developed consumer basket 300-400 items of goods and services. CPI data is also available on the Rosstat website and on the sites of the statistical countries that interest you.

Also in some when counting the real GDP The index of producer prices (PHIs) can be used, which is calculated on the basis of the value of intermediate products (basket of goods manufacturing) - raw materials and materials. Its main difference from the CPI is that this index covers only goods (without services) and only at the wholesale level of implementation.

So, to count the real GDPnominal GDP It is necessary to divide on the price index, among which the PHI and CPI are most often used.

Sources:

• Based on the materials of the book Matvereva T.Ya. "Introduction to Macroeconomics"

Gross domestic product is one of the most important indicators of the system of national accounts. It characterizes the result of the activities of economic entities that are residents of the country and measures the cost of goods and services produced by them.

Instruction

GDP - Produced final product. The cost of intermediate goods and services that were involved in its creation (raw materials, materials, fuel, transport, financial services, etc.) are not included in the calculation of GDP. Otherwise, it would not be avoided by a double account. Gross domestic product - an indicator reflecting the level of production in the country, i.e. Produced by its residents, namely, those business entities who are engaged in production or live in it for more than a year.

GDP can be calculated by three methods: production (as a sum), the final use method (as the sum of the finite components) and the distribution (as a set of primary income).

When calculating GDP, the production method is taken into account, i.e. The difference between selling companies and costs for the purchase of raw materials, materials, energy, services. In other words, this is the price of enterprise products less costs to create it. As a result of the summation of the added value of all economic entities of the country and the size of GDP will be.

Under the final use of GDP is defined as a monetary expression of all goods and services purchased for the year, i.e. All expenses of economic entities for the purchase of finished products are summed up. Costs in this case include consumer spending of the population, gross with the national economy, public procurement, as well as net exports (the difference between the export and import of the country).

The distribution method for calculating GDP involves the summation of factor income, i.e. Production factors remuneration (salary, interest, rent, profit, etc.). At the same time, the income of only those economic entities, which are geographically located on the territory of a given country are taken into account.

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In newspapers and magazines, you can often encounter an abbreviation of GDP, this abbreviation can be heard from a TV or radio programs. But not everyone knows that it means.

Instruction

GDP as a gross domestic product and finite market goods and services designed to directly use and produced per unit of time (year) in all existing sectors located in the territory used for consumption and exports, regardless of the national affiliation of the factors of production.

GDP nominal, real, actual and potential:

Nominal GDP is expressed in prices of this year;
- Real GDP is expressed in the prices of the previous or any base year. Real GDP takes into account the degree of its growth is determined by real production indicators, and not by increasing prices;
- actual GDP characterizes the implemented economic possibilities;
- Potential GDP reflects the potential opportunities of the economy and may be much higher than the actual in terms of indicators.

It can be expressed in national currency, or, if necessary, can be counted in the course to another foreign currency. To date, the "market value" cannot act as a stable value, therefore GDP and other similar categories and are some generally accepted abstraction.

You can calculate GDP in three ways: by income, expenses and value added. Each of these methods has a special calculation formula, where certain economic indicators are the terms.

History of GDP. The first techniques for measuring national production were launched in the 30s of the 20th century. Their founder was the economist Simon Kuznets, working in the US Department of Commerce. The first major estimates of national income were made by American scientist in 1934. In his work, first indicated the accounts of the national product and income. Until that time, no one had detailed data on the country's economic activity.

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Abbreviation GDP means a gross domestic product. Under this term means the market value of goods intended for use, as well as services that were produced in the territory countries In all economic sectors during the year, both consumption and accumulation or exports.

The concept of Gross Domestic Product, GDP is used. American economist Belorussky Simon Kuznets to use this term in 1934. The following types of external gross product are given: - Nominal (Nominal): It is expressed in prices of this year; - Real (Real): It is expressed in the prices of the previous year or another, taken as the basis; - Actual: reflects the economic opportunities that were implemented; - Potential: reflects the economic possibilities that are potential. GDP can be expressed in two ways. The first is in national currency, as well, if there is an appropriate need, it can be referred to in the currency of a foreign state according to the Exchange rate. Second way - performance GDP according to PPS, i.e. purchasing power. This option provides greater accuracy in the implementation of international comparisons. There are three basic methods for which the calculation may be calculated GDP: - by income; - by expenses; - by added. When calculating the revenue method GDP Determined as the amount of national income, depreciation, indirect taxes minus subsidies and pure factor income from abroad. At the same time, under national income means the amount of wages, rental boards, interest payments and corporate profits. When calculating the expense method GDP Determined by the sum of such values \u200b\u200bas a final, gross accumulation of capital, government spending, exports and minus. Method of calculating value added is also called the production method. Wherein GDP Calculated as the sum of the value added, under which the overall value of products is understood.

To date GDP on the soul population is one of the macroeconomic indicators that fully reflects the standard of living population of a country. Of course, the gross domestic product reliably characterizes the state economy, but its high level does not give an idea of \u200b\u200bits effectiveness.

Instruction

The need for calculation GDP on the soul population It has a clear. After all, one thing when GDPequal to $ 2 billion, produced in the state with numbers population 200 million, and completely different when the same volume GDP Formed in the country with a population of ten times less.

To determine GDP on the soul populationIt is necessary to produce a simple calculation: divide the total volume of gross domestic product for a total number population . So you will learn how much of the goods and services in the value of the country produced is accounted for by one of its inhabitants. Russia by GDP on the soul population It ranks 34th place in the world ranking.

GDP on the soul population You can also calculate the purchasing power parity. Parity purchasing power - between two currencies of different, which is calculated on the basis of their purchasing power relative to some volume of goods and services. For example, the same set of goods and services is 500 hryvnias in Ukraine, and in the USA - 100 dollars. In this case, the purchasing power parity is 5 hryvnia for the dollar, i.e. For 5 hryvnia in Ukraine, you can the same set as 1 dollar in the United States. At the same time, currency courses of these countries can significantly deviate from parity. Therefore, you should understand that purchasing power parity is an indicator used by statistical organizations in the calculations, and the exchange rate is a real economy tool. Our PA GDP on the soul population At purchasing power parity is 36th place.

But at the same time, you must take into account that GDP on the soul population Is not the only figure for the economy of the country and quality