List of continents by GDP (nominal)

World map showing nominal GDP of countries for the year 2017 according to the IMF.
Legend: (in billions of U.S. dollars)
  > 1,000
  200-999
  10-199
  < 10
  no data

This article includes a list of continents of the world sorted by their gross domestic product (GDP), the market value of all final goods and services from a continent in a given year. The GDP dollar estimates presented here are calculated at market or government official exchange rates.

The figures presented here do 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. Such fluctuations may change a continents ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. Therefore, these figures should be used with caution.

Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. (See List of countries by GDP (PPP).) PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.

GDP (nominal) by continents

The following lists summarise the GDP (nominal) of each continent by adding GDP (nominal) of each nations within the seven continent model, sorted by USD. The first list includes 2016 data estimatesn1 for members of the International Monetary Fund. The second list shows the World Bank's mostly 2010 estimates, and the third list includes mostly 2010 estimates from the CIA World Factbook.

In these lists, the sovereign states and dependent territories are classified according to the geoscheme created by the United Nations Statistics Division.[1] According to the UN, the assignment of countries or areas to specific groupings is for statistical convenience and does not imply any assumption regarding political or other affiliation of countries or territories.[2]

For more information please see List of sovereign states and dependent territories by continent.

List by the International Monetary Fund (2018)[3] List by the World Bank (1990-2010)[4] List by the CIA World Factbook (2000-2010)[5]
RankContinentGDP (billions of $)Year
World84,8402018
1Asia30,2202018
2North America23,5502018
3Europe21,8202018
4South America3,6102018
5Africa2,3302018
6Oceania1,6302018
7AntarcticaN/A2018
RankContinentGDP (billions of $)Year
World53,1752010
1Europe18,8002010
2North America17,5062010
3Asia10,5752010
4South America3,6332010
5Africa1,5952010
6Oceania1,0672010
7AntarcticaN/A2010
RankContinentGDP (billions of $)Year
World55,0452010
1Europe18,8072010
2North America17,5882010
3Asia12,0852010
4South America3,5362010
5Africa1,6382010
6Oceania1,3922010
7AntarcticaN/A2010

GDP per capita (nominal) by continents

List by the International Monetary Fund (2018)[6][7] List by the World Bank (1990-2010)[4] List by the CIA World Factbook (2000-2010)[5]
RankContinentGDP per
capita (US$)
Year
World Average11,3702018
1Oceania54,2202018
2North America47,7502018
3Europe29,4502018
4South America8,5102018
5Asia7,0902018
6Africa1,8902018
7Antarctica0 (N/A)2018
RankContinentGDP per
capita (US$)
Year
World Average16,8372010
1North America32,2962010
2Oceania29,9092010
3Europe24,9692016
4South America9,2542010
5Asia2,5392010
6Africa1,5602010
7Antarctica0 (N/A)2010
RankContinentGDP per
capita (US$)
Year
World Average18,4092010
1Oceania39,0002010
2North America32,4462010
3Europe25,4762010
4South America9,0062010
5Asia2,9022010
6Africa1,6032010
7Antarctica0 (N/A)2010

Notes

1. ^ Estimated by IMF staff.
2. ^ Figures exclude Taiwan, and special administrative regions of Hong Kong and Macau.
3. ^ The Eurozone in 2010 was 16 of 27 European Union countries: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia and Spain.
4. ^ Data include the French overseas departments of French Guiana, Guadeloupe, Martinique, and Réunion.
5. ^ Excludes Kosovo.
6. ^ Hyperinflation and the plunging value of the Zimbabwean dollar makes Zimbabwe's nominal GDP a highly inaccurate statistic.
7. ^ Excludes data for Transnistria.
8. ^ Includes Former Spanish Sahara.
9. ^ Data are for the area controlled by the Government of the Republic of Cyprus.
10. ^ Covers mainland Tanzania only.
11. ^ Excludes Abkhazia and South Ossetia.

References

  1. "Composition of macro geographical (continental) regions, geographical sub-regions, and selected economic and other groupings". United Nations Statistics Division.
  2. "Standard country or area codes and geographical regions for statistical use". United Nations Statistics Division.
  3. "IMF DataMapper". International Monetary Fund. International Monetary Fund. Retrieved 9 October 2018.
  4. 1 2 Data refer mostly to the year 2010. World Development Indicators database, World Bank. Accessed on 29 September 2011.
  5. 1 2 Field listing - GDP (official exchange rate), CIA World Factbook. Accessed on 26 September 2011.
  6. International Monetary Fund (2018). "Nominal GDP per capita". IMF Data Mapper. International Monetary Fund. Retrieved 9 October 2018.
  7. International Monetary Fund (October 2016). "World Economic Outlook". International Monetary Fund. Retrieved February 22, 2017.

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