The GDP factor!

What it is[]

It is said to be:

"The monetary value of all the finished goods and services produced within a country's borders in a specific time period, though GDP is usually calculated on an annual basis. It includes all of private and public consumption, government outlays, investments and exports less imports that occur within a defined territory."

*according to investopedia.com.

It is one of the ways of measuring the fiscal size and changes in fiscal value of national economies.

Technical notes[]

Some dependencies like Guam, Wallis & Fatuna, French Polynesia, French Guyana Falklands some merge their with there home courtiers data or record separate data and are shown as such. Some like Chipperton Island always are included and others like the Isle of Man mostly aren't.

Nominal GDP per head statistics[]

Note: GDP per head/per capita statistics start at various times, with some like USSR and Saudi Arabia starting in 1970. Modern figures some times quote retrospectively the USSR's republics' statistics as if they were independent nations, which they were not, but because the USSR was so dominated by Russia that it's stats per capita can be use in place of the USSR's. Modern figures some times quote retrospectively Yemen, Vietnam and Germany as if they a united and not divided in two by Cold War Geopolitics. N. Yemen, S. Vietnam and W. Germany had about 33% more economic production than S. Yemen, N. Vietnam and E. Germany. Modern figures some times quote retrospectively Ethiopia's and Eritrea's republics' statistics as if they were independent nations, which they were not, but because the old Ethiopia was so dominated by modern Ethiopia that it's stats per capita can be use in place of the old Ethiopia's. Modern figures some times quote retrospectively for Czechia, Slovakia and the former Yugoslavia as if they independent nations, which they were not, but the united figures were roughly between those of Slovakia and Czechia for Czechoslovakia and between to the of Serbia and Croatia for Yugoslavia. Modern figures some times quote retrospectively for N. Sudan and S. Sudan as if they were independent nations, which they were not, but Sudan was so dominated by N. Sudan that it's stats per capita can be use in place of Sudan's.

Nominal GDP per capita for 2015.[]

Non-nominal GDP per head for 1950[]

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Non-nominal GDP per head for 2015[]

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Real GDP growth rate for 2016[]

Countries by real GDP growth rate in 2016. Countries in red were in recession. Author: Kami888.

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Things that affect GDP per capita[]

In theory it grows as the nominal GDP does, but can be reduced by a rising population leading to it being spread out among more people. The reverse effect can also occur.

There are the alleged booms among the Association of Brazil, Russia, India, China and South Africa (B.R.I.C.S.), as well in Turkey, Kazakhstan, Equatorial Guinea, Azerbaijan, Slovenia, Poland, Belgium, the Czech Republic, Hong Kong S.A.R., the Baltic States, Chile, Mexico, Iran, Argentina, Costa Rica, Ethiopia, Nigeria, Kenya, Israel and Australia.

All the economy have grown since 1965 and most have grown since 2000 (growth has been especially high in India and China), but it is mostly a relative improvement form the distant past and better targeting of state spending have made life better in the counties.

China has given up the xenophobic Bamboo Curtain policy, The USSR's horrifically inefficient system has been removed to various degrees in the former USSR, Equatorial Guinea has struck oil and scrapping communist centrally planned economics in favour of western market economics helped crate money in the relevant nations anyhow.

Things that affect GDP[]

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Economic patterns and cycles[]

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The historically perceived starting dates for noticeable post WW2 national development[]

Japan\The European city-states, Scandinavia and Switzerland- 1947
USSR\former USSR- 1947\1997
Western\Europe- 1948
East Asia-1949
Central Europe- 1950
E. Europe- 1955
USA\Canada\Australia\NZ\Venezuela\Sothern Cone nations- 1960
Cuba\The Balkans\Southern Europe\Rest of S. America\Mexico\S. E. Asia 1965
Middle East- 1965
S. Asia- 1970
China\N. Africa- 1975
RSA- 1979
Central America- 1980
Caribian- 1982
Sub-Saharan Africa- 1985\2005
Pasific Islands- 1987.