Small states - GDP

GDP (current US$)

The latest value for GDP (current US$) in Small states was $451,424,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $529,931,000,000 in 2014 and $7,871,346,000 in 1970.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $7,871,346,000
1971 $8,855,638,000
1972 $10,433,490,000
1973 $13,002,650,000
1974 $20,198,280,000
1975 $22,993,380,000
1976 $26,247,010,000
1977 $29,805,830,000
1978 $32,045,910,000
1979 $39,768,850,000
1980 $52,919,780,000
1981 $54,682,810,000
1982 $54,423,740,000
1983 $52,651,930,000
1984 $52,168,630,000
1985 $50,249,040,000
1986 $49,319,170,000
1987 $56,334,390,000
1988 $62,037,930,000
1989 $64,541,990,000
1990 $74,735,510,000
1991 $76,319,900,000
1992 $81,198,650,000
1993 $80,092,770,000
1994 $84,285,950,000
1995 $95,870,350,000
1996 $101,912,000,000
1997 $108,978,000,000
1998 $108,832,000,000
1999 $116,633,000,000
2000 $129,063,000,000
2001 $129,579,000,000
2002 $138,660,000,000
2003 $165,859,000,000
2004 $199,640,000,000
2005 $237,866,000,000
2006 $277,064,000,000
2007 $332,119,000,000
2008 $399,977,000,000
2009 $342,525,000,000
2010 $393,562,000,000
2011 $474,347,000,000
2012 $494,441,000,000
2013 $514,131,000,000
2014 $529,931,000,000
2015 $452,216,000,000
2016 $444,942,000,000
2017 $479,984,000,000
2018 $527,533,000,000
2019 $519,587,000,000
2020 $451,424,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Small states was 459,291,000,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 486,924,000,000 in 2019 and 216,965,000,000 in 2000.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 216,965,000,000
2001 224,624,000,000
2002 234,117,000,000
2003 245,100,000,000
2004 263,947,000,000
2005 277,571,000,000
2006 304,507,000,000
2007 329,670,000,000
2008 349,458,000,000
2009 351,965,000,000
2010 376,932,000,000
2011 400,546,000,000
2012 413,046,000,000
2013 426,131,000,000
2014 440,043,000,000
2015 452,216,000,000
2016 462,759,000,000
2017 467,947,000,000
2018 478,110,000,000
2019 486,924,000,000
2020 459,291,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Small states was 843,362,000,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 883,243,000,000 in 2019 and 302,935,000,000 in 2000.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
2000 302,935,000,000
2001 322,401,000,000
2002 343,031,000,000
2003 366,663,000,000
2004 408,303,000,000
2005 442,754,000,000
2006 504,994,000,000
2007 566,705,000,000
2008 621,439,000,000
2009 639,719,000,000
2010 698,408,000,000
2011 762,823,000,000
2012 808,195,000,000
2013 833,802,000,000
2014 846,639,000,000
2015 753,579,000,000
2016 752,493,000,000
2017 815,249,000,000
2018 852,298,000,000
2019 883,243,000,000
2020 843,362,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Small states was 800,264,000,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between 848,265,000,000 in 2019 and 342,924,000,000 in 1997.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1997 342,924,000,000
1998 353,517,000,000
1999 364,708,000,000
2000 381,786,000,000
2001 396,465,000,000
2002 413,642,000,000
2003 433,964,000,000
2004 467,340,000,000
2005 491,263,000,000
2006 536,268,000,000
2007 579,913,000,000
2008 614,347,000,000
2009 618,290,000,000
2010 659,293,000,000
2011 699,547,000,000
2012 722,474,000,000
2013 745,750,000,000
2014 769,862,000,000
2015 788,346,000,000
2016 805,393,000,000
2017 815,249,000,000
2018 832,410,000,000
2019 848,265,000,000
2020 800,264,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts