The richest countries in the world (list). GDP by country

A monetary topic will be interesting to a sufficiently large number of people, because so many people like to count money in someone else's pockets. And the list of GDP by countries, compiled by various organizations, which indicates which country has how much money, will help us in this.

How are the richest countries defined?

The list of the richest countries is determined by three structures: the United Nations, the International Monetary Fund and the World Bank. Each of them uses its own peculiarities of calculating the quantity and value produced by a particular country, so the data may vary slightly, as well as the list of GDP for countries compiled by them.

List of the richest countries

Since the information is based on two structures, the state of only the 10 richest states will be considered. This list of countries is nominal by GDP, i.e. shows everything in a certain number of papers. But wealth can be determined by other parameters.

IMF data for 2014:

1. USA. GDP is 17419 billion US dollars.
2. People's Republic of China. GDP is 10,380 billion.
3. Japan. GDP is 4616 billion.
4. Germany. GDP is 3860 billion.
5. United Kingdom. GDP is 2,945 billion.
6. France. GDP is 2847 billion.
7. Brazil. GDP is 2353 billion.
8. Italy. GDP is 2,148 billion.
9. India. GDP is 2050 billion.
10. Russia. GDP is 1857 billion.

The list of GDP by country from the World Bank almost echoes the data of the International Monetary Fund :

1. USA. Gross domestic product is 17419 billion US dollars.
2. PRC. Gross domestic product is 10.36 billion.
3. Japan. The gross domestic product is 4601 billion.
4. Germany. The gross domestic product is 3853 billion.
5. United Kingdom. GDP is 2,942 billion.
6. France. The gross domestic product is 2829 billion.
7. Brazil. The gross domestic product is 2346 billion.
8. Italy. The gross domestic product is 2144 billion.
9. India. The gross domestic product is 2067 billion.
10. Russia. The gross domestic product is 1861 billion.

Per capita gross domestic product

The above data reflect the richest countries in general. But if you count on one resident? Will such a list be preserved? Unfortunately no. Quantity does not always mean quality. And gross domestic product per inhabitant is an excellent proof of these words. The comparison will again be for 2014. It should be noted that in order to establish the richest countries in the world in terms of GDP, their number will be reduced to 5 representatives from one organization in order to indicate that they are distinguished by real wealth, and not nominal wealth. Well, let's get started.

List of countries by GDP per capita from the IMF:

1. Luxembourg. 110573 dollars of gross domestic product falls on one inhabitant.
2. Qatar. 104655 dollars of gross domestic product falls on one inhabitant.
3. Norway. 101271 dollars of gross domestic product falls per inhabitant.
4. Switzerland. $ 80,276 of gross domestic product per inhabitant.
5. Australia. 64157 dollars of gross domestic product falls per inhabitant.

In this case, the list of countries by GDP per capita from the World Bank is echoed by the United Nations according to the composition of the richest countries:

1. Monaco. $ 163,026 of gross domestic product per inhabitant.
2. Liechtenstein 134677 dollars of gross domestic product falls per inhabitant.
3. Luxembourg. 111662 dollars of gross domestic product falls on one inhabitant.
4. Norway. 100819 dollars of gross domestic product falls per inhabitant.
5. Qatar. 93,352 dollars of gross domestic product falls per inhabitant.

Purchasing Opportunity Parity

The data indicated earlier indicate well the situation in countries, but there are certain errors. So, in country A, a product can cost $ 5, and in country B it costs 0.5. If we calculate the total GDP, then country B will have half as much. But does this mean that it is poorer? No, using the simplest mathematical calculus, it can be established that it will be 5 times richer than country A. Here is the parity of purchasing opportunities and establishes an approximation to the real situation. All data are given for 2014. The first list of countries by GDP from the IMF:

1. People's Republic of China. The value of the gross domestic product - 17.617 billion (with parity calculation).
2. USA. The value of the gross domestic product - 17419 billion (with parity calculation).
3. India. The value of the gross domestic product - 7376 billion (with parity calculation).
4. Japan. The value of the gross domestic product - 4751 billion (with parity calculation).
5. Germany. The value of the gross domestic product is 3,722 billion (with parity calculation).

The list of GDP by country from the World Bank has differences not only in numbers, but also in composition:

1. PRC. The value of the gross domestic product - 18031 billion (with parity calculation).
2. United States of America. The value of the gross domestic product - 17419 billion (with parity calculation).
3. India. The value of the gross domestic product - 7393 billion (with parity calculation).
4. Japan. The value of the gross domestic product - 4631 billion (with parity calculation).
5. Russia. The value of the gross domestic product - 3745 billion (with parity calculation).

Features of calculating GDP

It is impossible not to notice a significant discrepancy in the data. This is due to different methods of calculation, the difference in exchange rates and a number of related features. Nevertheless, it is possible to make a conclusion about which countries are the most comfortable and the richest, even taking into account all the features.

How is GDP estimated?

The indicator is considered either by the state on the basis of information received from entrepreneurs and control checks, or by private / intergovernmental organizations. When calculating by the state, there is a certain likelihood of rigging the results to obtain preferences from international investors. And organizations cannot give reliable results, since they do not have sufficient access to the necessary information.