Former French colonies Compared by Economy > GDP > Official exchange rate per capita
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DEFINITION:
This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed. Figures expressed per capita for the same year.
CONTENTS
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# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Lebanon | $9,018.47 | 2010 | ||
2 | Gabon | $8,070.83 | 2010 | ||
3 | Algeria | $4,290.01 | 2010 | ||
4 | Tunisia | $4,157.70 | 2010 | ||
5 | Morocco | $2,898.01 | 2010 | ||
6 | Syria | $2,769.28 | 2010 | ||
7 | Djibouti | $1,365.65 | 2010 | ||
8 | Cote d'Ivoire | $1,179.35 | 2010 | ||
9 | Vietnam | $1,173.32 | 2010 | ||
10 | Cameroon | $1,060.88 | 2010 | ||
11 | Laos | $991.45 | 2010 | ||
12 | Senegal | $977.56 | 2010 | ||
13 | Mauritania | $965.81 | 2010 | ||
14 | Cambodia | $790.81 | 2010 | ||
15 | Benin | $682.87 | 2010 | ||
16 | Haiti | $656.30 | 2010 | ||
17 | Mali | $649.01 | 2010 | ||
18 | Chad | $647.74 | 2010 | ||
19 | Burkina Faso | $558.03 | 2010 | ||
20 | Togo | $487.47 | 2010 | ||
21 | Central African Republic | $485.76 | 2010 | ||
22 | Mozambique | $426.00 | 2010 | ||
23 | Guinea | $399.41 | 2010 | ||
24 | Madagascar | $395.17 | 2010 | ||
25 | Niger | $352.53 | 2010 |