Tuesday, February 28, 2012

GDP By Country


Trying to compare GDP per capita by country and then include other likely drivers is difficult. On the one hand you have countries like Liechtenstein and Luxembourg near the top of the list who are not relying on natural resources to drive their economy. Then there are the various Arab states and Norway who are benefiting from oil.

My thoughts are to expand this into a matrix and include each country's debt as % of GDP, % of GDP spent on military, total population, health care as % of GDP, primary industry, form of government, and corporate tax rate. Then I would like to run a multiple linear regression to see if there are any attributes that are statistically valid determinants of GDP. Let me know if there are any other attributes you believe should be included.



The U.S. is at the top of the list for big countries. Almost all the countries in the top 20 besides the U.S. are either financial tax havens or have some kind of natural resource.

RankCountryGDP - per capita (PPP) (US$)
1Qatar179,000
2Liechtenstein141,100
3Luxembourg82,600
4Bermuda69,900
5Singapore62,100
6Jersey57,000
7Norway54,600
8Brunei51,600
9United Arab Emirates49,600
10Kuwait48,900
11United States47,200
12Andorra46,700
13Hong Kong45,900
14Guernsey44,600
15Cayman Islands43,800
16Gibraltar43,000
17Switzerland42,600
18Australia41,000
19Austria40,400
20Bahrain40,300
21Netherlands40,300
22Canada39,400
23Sweden39,100
24British Virgin Islands38,500
25Iceland38,300
26Belgium37,800
27Ireland37,300
28Equatorial Guinea36,600
29Denmark36,600
30Greenland36,500
31San Marino36,200
32Taiwan35,700
33Germany35,700
34Finland35,400
35Falkland Islands (Islas Malvinas)35,400
36Isle of Man35,000
37United Kingdom34,800
38Japan34,000
39France33,100
40Macau33,000
41Faroe Islands32,900
42Italy30,500
43Monaco30,000
44Korea, South30,000
45Israel29,800
46Greece29,600
47Spain29,400
48Bahamas, The28,700
49Slovenia28,200
50New Zealand27,700
51Czech Republic25,600
52Malta25,600
53Oman25,600
54Saudi Arabia24,200
55Seychelles23,200
56Portugal23,000
57Slovakia22,000
58Barbados21,800
59Aruba21,800
60Trinidad and Tobago21,200
61Estonia19,100
62Hungary18,800
63Poland18,800
64French Polynesia18,000
65Croatia17,400
66Antigua and Barbuda16,400
67Puerto Rico16,300
68Lithuania16,000
69Russia15,900
70Sint Maarten15,400
71Chile15,400
72Curacao15,000
73New Caledonia15,000
74Guam15,000
75Malaysia14,700
76Latvia14,700
77Argentina14,700
78Gabon14,500
79Virgin Islands14,500
80Lebanon14,400
81Libya14,000
82Mauritius14,000
83Botswana14,000
84Mexico13,900
85Saint Kitts and Nevis13,700
86Uruguay13,700
87Belarus13,600
88Bulgaria13,500
89Panama13,000
90Venezuela12,700
91Kazakhstan12,700
92Northern Mariana Islands12,500
93Turkey12,300
94Anguilla12,200
95Romania11,600
96Turks and Caicos Islands11,500
97Costa Rica11,300
98Saint Lucia11,200
99Serbia10,900
100Azerbaijan10,900
101Brazil10,800
102South Africa10,700
103Iran10,600
104Dominica10,400
105Saint Vincent and the Grenadines10,300
106Grenada10,200
107Montenegro10,100
108Cuba9,900
109Colombia9,800
110Macedonia9,700
111Suriname9,700
112Tunisia9,400
113Peru9,200
114Cook Islands9,100
115Dominican Republic8,900
116Thailand8,700
117Belize8,400
118Jamaica8,300
119Angola8,200
120Palau8,100
121American Samoa8,000
122Albania8,000
123Ecuador7,800
124China7,600
125Turkmenistan7,500
126Algeria7,300
127El Salvador7,200
128Guyana7,200
129Saint Pierre and Miquelon7,000
130Namibia6,900
131Maldives6,900
132Ukraine6,700
133Kosovo6,600
134Bosnia and Herzegovina6,600
135Egypt6,200
136Kiribati6,200
137Tonga6,100
138Niue5,800
139Armenia5,700
140Bhutan5,500
141Samoa5,500
142Jordan5,400
143Guatemala5,200
144Paraguay5,200
145Vanuatu5,100
146Nauru5,000
147Sri Lanka5,000
148Georgia4,900
149Morocco4,800
150Bolivia4,800
151Syria4,800
152Swaziland4,500
153Fiji4,400
154Honduras4,200
155Indonesia4,200
156Congo, Republic of the4,100
157Cape Verde3,800
158Iraq3,800
159Wallis and Futuna3,800
160Mongolia3,600
161India3,500
162Philippines3,500
163Tuvalu3,400
164Montserrat3,400
165Uzbekistan3,100
166Vietnam3,100
167Nicaragua3,000
168West Bank2,900
169Solomon Islands2,900
170Djibouti2,800
171Yemen2,700
172East Timor2,600
173Saint Helena2,500
174Nigeria2,500
175Pakistan2,500
176Papua New Guinea2,500
177Marshall Islands2,500
178Western Sahara2,500
179Moldova2,500
180Laos2,500
181Ghana2,500
182Cameroon2,300
183Sudan2,300
184Micronesia, Federated States of2,200
185Kyrgyzstan2,200
186Mauritania2,100
187Cambodia2,100
188Tajikistan2,000
189Senegal1,900
190Gambia, The1,900
191Korea, North1,800
192Cote d'Ivoire1,800
193Sao Tome and Principe1,800
194Lesotho1,700
195Bangladesh1,700
196Chad1,600
197Kenya1,600
198Benin1,500
199Zambia1,500
200Tanzania1,400
201Burma1,400
202Uganda1,300
203Burkina Faso1,200
204Nepal1,200
205Haiti1,200
206Mali1,200
207Guinea-Bissau1,100
208Rwanda1,100
209Tokelau1,000
210Mozambique1,000
211Guinea1,000
212Ethiopia1,000
213Comoros1,000
214Afghanistan900
215Madagascar900
216Togo900
217Sierra Leone900
218Malawi800
219Niger700
220Central African Republic700
221Eritrea600
222Somalia600
223Zimbabwe500
224Liberia500
225Congo, Democratic Republic of the300
226Burundi300

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