This article includes a list of continents of the world sorted by their gross domestic product (GDP), the market value of all final goods and services from a continent in a given year. The GDP dollar estimates presented here are calculated at market or government official exchange rates. The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a continents ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. Therefore, these figures should be used with caution. Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. (SeeList of countries by GDP (PPP).) PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.
World map showing nominal GDP of countries for the year 2017 according to the IMF. Legend: (in billions of U.S. dollars)
The following lists summarise the GDP (nominal) of each continent by adding GDP (nominal) of each nation within the seven continent model, sorted by USD. The first list includes 2023 data estimatesn1 for members of the International Monetary Fund. The second list shows the World Bank's estimates, and the third list includes mostly 1432 estimates from the CIA World Factbook.
In these lists, the sovereign states and dependent territories are classified according to the geoscheme created by the United Nations Statistics Division.[1] According to the UN, the assignment of countries or areas to specific groupings is for statistical convenience and does not imply any assumption regarding political or other affiliation of countries or territories.[2]
Antarctica has no permanent population. However, if conventional GDP methodology is applied, which includes salaries of residents and equipment & construction procurement (the biggest "industries" in Antarctica), the GDP of the continent would exceed $1 billion.[citation needed]
^"Composition of macro geographical (continental) regions, geographical sub-regions, and selected economic and other groupings". United Nations Statistics Division.
^"Standard country or area codes and geographical regions for statistical use". United Nations Statistics Division.
^"GDP (Nominal), current prices". International Monetary Fund. International Monetary Fund. Retrieved 7 November 2023.
^"GDP (PPP), current prices". International Monetary Fund. International Monetary Fund. Retrieved 7 November 2023.
^International Monetary Fund (2023). "Nominal GDP per capita". IMF Data Mapper. International Monetary Fund. Retrieved 7 November 2023.
^International Monetary Fund (2023). "GDP PPP per capita". IMF Data Mapper. International Monetary Fund. Retrieved 7 November 2023.
January 01, 1970
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This article includes a list of continents of the world sorted by their gross domestic product GDP the market value of all final goods and services from a continent in a given year The GDP dollar estimates presented here are calculated at market or government official exchange rates The figures presented here do not take into account differences in the cost of living in different countries and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country s currency Such fluctuations may change a continents ranking from one year to the next even though they often make little or no difference to the standard of living of its population Therefore these figures should be used with caution Comparisons of national wealth are also frequently made on the basis of purchasing power parity PPP to adjust for differences in the cost of living in different countries See List of countries by GDP PPP PPP largely removes the exchange rate problem but has its own drawbacks it does not reflect the value of economic output in international trade and it also requires more estimation than GDP per capita On the whole PPP per capita figures are more narrowly spread than nominal GDP per capita figures World map showing nominal GDP of countries for the year 2017 according to the IMF Legend in billions of U S dollars gt 1 000 200 999 10 199 lt 10 No data Contents 1 Continents by GDP nominal 2 Continents by GDP PPP 3 Continents by GDP per capita nominal 4 Continents by GDP per capita PPP 5 Notes 6 ReferencesContinents by GDP nominal editSee also List of countries by GDP nominal The following lists summarise the GDP nominal of each continent by adding GDP nominal of each nation within the seven continent model sorted by USD The first list includes 2023 data estimatesn1 for members of the International Monetary Fund The second list shows the World Bank s estimates and the third list includes mostly 1432 estimates from the CIA World Factbook In these lists the sovereign states and dependent territories are classified according to the geoscheme created by the United Nations Statistics Division 1 According to the UN the assignment of countries or areas to specific groupings is for statistical convenience and does not imply any assumption regarding political or other affiliation of countries or territories 2 For more information please see List of sovereign states and dependent territories by continent List by the International Monetary Fund 2023 estimate 3 Rank Continent GDP US billion Share Countries collectivelyconstituting at least 50 0 of thecontinent s GDP nominal World 104 476 100 0 1 Asia 38 435 36 8 nbsp China 46 1 nbsp Japan 11 0 nbsp India 10 0 2 North America 31 603 30 2 nbsp United States 85 3 3 Europe 25 440 24 4 nbsp Germany 17 4 nbsp United Kingdom 13 1 nbsp France 12 0 nbsp Italy 8 6 4 South America 4 100 3 9 nbsp Brazil 51 9 5 Africa 2 858 2 7 nbsp Egypt 13 9 nbsp Nigeria 13 6 nbsp South Africa 13 3 nbsp Algeria 7 8 nbsp Kenya 5 5 6 Oceania 1 979 1 9 nbsp Australia 85 3 Unaccounted 62 0 1 Antarctica has no permanent population However if conventional GDP methodology is applied which includes salaries of residents and equipment amp construction procurement the biggest industries in Antarctica the GDP of the continent would exceed 1 billion citation needed Continents by GDP PPP editSee also List of countries by GDP PPP List by the International Monetary Fund 2023 estimate 4 Rank Continent GDP billions of current Int Share Countries collectivelyconstituting at least 50 0 of thecontinent s GDP PPP World 174 790 100 0 1 Asia 84 727 47 7 nbsp China 38 8 nbsp India 15 5 2 Europe 36 732 20 7 nbsp Germany 20 4 nbsp Russia 15 4 nbsp United Kingdom 11 3 nbsp France 10 5 nbsp Italy 7 1 3 North America 33 971 19 1 nbsp United States 79 3 4 South America 10 835 6 1 nbsp Brazil 49 4 nbsp Argentina 14 9 5 Africa 8 865 4 9 nbsp Egypt 15 1 nbsp Nigeria 13 8 nbsp South Africa 10 5 nbsp Algeria 8 7 6 Oceania 2 061 1 1 nbsp Australia 83 4 Unaccounted 131 0 07Continents by GDP per capita nominal editSee also List of countries by GDP nominal per capita List by the International Monetary Fund 2023 estimate 5 Rank Continent US Peak Year World 13 333 2023 1 Oceania 63 809 2023 2 North America 60 859 2023 3 Europe 34 706 2023 4 South America 11 351 2023 5 Asia and Pacific 8 388 2023 6 Africa 2 370 2023 7 Antarctica 0 N A N AContinents by GDP per capita PPP editSee also List of countries by GDP PPP per capita List by the International Monetary Fund 2023 estimate 6 Rank Continent US Peak Year World 0 N A N A 1 North America 64 279 2023 2 Oceania 62 900 2023 3 Europe 50 110 2023 4 South America 19 506 2023 5 Asia and Pacific 18 046 2023 6 Africa 6 341 2023 7 Antarctica 0 N A N ANotes edit1 Estimated by the IMF staff 2 Figures exclude Taiwan and the special administrative regions of Hong Kong and Macau 3 The Eurozone in 2010 was 16 of 27 European Union countries Austria Belgium Cyprus Finland France Germany Greece Ireland Italy Luxembourg Malta the Netherlands Portugal Slovakia Slovenia and Spain 4 Data include the French overseas departments of French Guiana Guadeloupe Martinique and Reunion 5 Excludes Kosovo 6 Hyperinflation and the plunging value of the Zimbabwean dollar makes Zimbabwe s nominal GDP a highly inaccurate statistic 7 Excludes data for Transnistria 8 Includes Former Spanish Sahara 9 Data are for the area controlled by the Government of the Republic of Cyprus 10 Covers Mainland Tanzania only 11 Excludes Abkhazia and South Ossetia References edit Composition of macro geographical continental regions geographical sub regions and selected economic and other groupings United Nations Statistics Division Standard country or area codes and geographical regions for statistical use United Nations Statistics Division GDP Nominal current prices International Monetary Fund International Monetary Fund Retrieved 7 November 2023 GDP PPP current prices International Monetary Fund International Monetary Fund Retrieved 7 November 2023 International Monetary Fund 2023 Nominal GDP per capita IMF Data Mapper International Monetary Fund Retrieved 7 November 2023 International Monetary Fund 2023 GDP PPP per capita IMF Data Mapper International Monetary Fund Retrieved 7 November 2023 Retrieved from https en wikipedia org w index php title List of continents by GDP amp oldid 1218849965, wikipedia, wiki, book, books, library,
