List of countries by GDP (Vasarden): Difference between revisions
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{{wpl|Gross domestic product}} (GDP) is the {{wpl|market value}} of all final goods and services from a nation in a given year. | {{wpl|Gross domestic product}} (GDP) is the {{wpl|market value}} of all final goods and services from a nation in a given year. By default, countries are sorted by nominal {{wpl|gross domestic product|GDP}} estimates from financial and statistical institutions, which are calculated at market or government official {{wpl|exchange rate}}s. Nominal GDP does not take into account differences in the {{wpl|cost of living}} in different countries, and the results can vary greatly from one year to another based on fluctuations in the {{wpl|exchange rate}}s of the country's {{wpl|currency}}. | ||
== Lists == | == Lists == |
Revision as of 18:43, 12 August 2019
Largest economies by nominal GDP in 2018 |
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. By default, countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does 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.
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