according to the table, what is this countrys gdp?

Countries by Gdp (PPP) in 2020.^{[due north 1]}

> $20 trillion   $ten–$xx trillion   $five–$10 trillion   $2–$5 trillion

$i–$2 trillion   $500 billion – $1 trillion   $250–$500 billion   $100–$250 billion

$50–$100 billion   $25–$50 billion   $five–$25 billion   < $five billion

Gross domestic product (PPP) means gdp based on purchasing power parity. This article includes a list of countries by their forecast estimated Gross domestic product (PPP).^[2] Countries are sorted by Gdp (PPP) forecast estimates from financial and statistical institutions that calculate using market or authorities official substitution rates. The data given on this folio are based on the international dollar, a standardized unit of measurement used by economists. Certain regions that are not widely considered countries such as the European union and Hong Kong also evidence up in the listing if they are singled-out jurisdiction areas or economic entities.

GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing the domestic marketplace of a state because PPP takes into business relationship the relative cost of local goods, services and inflation rates of the state, rather than using international market substitution rates, which may distort the existent differences in per capita income.^[3] Information technology is nevertheless limited when measuring financial flows between countries and when comparison the quality of same goods among countries.^[four] PPP is often used to gauge global poverty thresholds and is used by the United Nations in constructing the homo evolution index.^[3] These surveys such as the International Comparison Program include both tradable and non-tradable appurtenances in an endeavour to estimate a representative basket of all appurtenances.^[3]

The starting time table includes estimates for the year 2020 made for each economy of the 194 countries and areas (including Hong Kong and Taiwan) covered by the International monetary fund (International monetary fund)'s International Financial Statistics (IFS) database. The data is in millions of international dollars and was calculated and published by the Imf in April 2020. The 2d table includes data, mostly for the year 2018, for 180 of the 193 current United Nations fellow member states every bit well as Hong Kong and Macau (the two Chinese Special Administrative Regions). Data are in millions of international dollars; they were compiled by the World Depository financial institution. The third table is a tabulation of the CIA Earth Factbook GDP (PPP) information update of 2019. The information for GDP at purchasing power parity has also been rebased using the new International Comparing Program price surveys and extrapolated to 2007. Non-sovereign entities (the globe, continents, and some dependent territories) and states with express recognition (such equally Kosovo, Palestine and Taiwan) are included in the listing in cases in which they appear in the sources. These economies are not ranked in the charts here, merely are listed in sequence past Gdp for comparison. In addition, non-sovereign entities are marked in italics.

The European Matrimony shares a common market with Republic of iceland, Liechtenstein, Switzerland, and Norway in the European Single Market, which guarantees the complimentary movement of goods, capital letter, services, and labour (the "iv freedoms") between its fellow member states. The Union is also involved in international merchandise negotiations – and might also appear in some lists. Depending on the methodology, the EU could be inserted above or below the United States. For case, the World Depository financial institution estimates the European Union's Gross domestic product (PPP) every bit $20.78 trillion in 2019.

Table

The table is initially ranked by the average of the available estimates for each country or territory, and tin can be reranked past either of the sources.

The links in the "Country/Territory" row of the following table link to the article on the GDP or the economy of the respective country or territory.

Run across also

• Lists of countries by GDP
  • List of countries by Gross domestic product (PPP) per capita
  • List of countries past Gross domestic product (nominal)
  • List of countries by Gross domestic product (nominal) per capita
  • Listing of countries past by and projected GDP (nominal)
  • List of countries past past and projected GDP (PPP)
  • List of countries by existent Gdp growth rate
  • List of International monetary fund ranked countries by GDP, IMF ranked Gdp (nominal), Gross domestic product (nominal) per capita, GDP (PPP), Gross domestic product (PPP) per capita, Population, and PPP
  • List of country subdivisions past GDP over 200 billion US dollars
• List of countries past total wealth
• List of countries by wealth inequality
• List of countries by income equality
• List of countries by Human Development Index

Notes

1. ^ Based on IMF data. If no data is bachelor for a country from the IMF, so data from the CIA World Factbook is used.

• ^two IMF estimate.
• ^3 Data excludes French Polynesia.
• ^a Mainland china'southward PPP is based on prices for 11 administrative regions, extrapolated to the full state, and an urban/rural breakdown. China's entry does not include the ii special administrative regions, namely Hong Kong and Macau. These are listed separately.

References

1. ^ ^{a b} "Report for Selected Countries and Subjects". IMF . Retrieved 26 June 2021.
2. ^ "What is Gross domestic product and why is it so of import?". Investopedia. IAC/InterActiveCorp. 26 Feb 2009. Retrieved 26 July 2016.
3. ^ ^{a b c} "Part 4. Applications and Limitations of ICP Data" (PDF) . Retrieved xx May 2014.
4. ^ PPP Versus the Market: Which Weight Matters?, imf.org, March 2007, Book 44, Number 1
5. ^ "Gdp, PPP (electric current international $) | Data". data.worldbank.org . Retrieved two July 2021.
6. ^ "Existent Gross domestic product (purchasing power parity)". CIA. Retrieved 2 November 2021. {{cite web}}: CS1 maint: url-condition (link)

banfieldyoured.blogspot.com

Source: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)

Share this post