GDP" redirects here. For other uses, see GDP (disambiguation).
A map of world economies by size of GDP (nominal) in USD, World Bank, 2014.[1]
Selection of GDP PPP data (top 10 countries and blocks, 2016) in no particular order
Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly). Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Nominal GDP per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore using a GDP PPP per capita basis is arguably more useful when comparing differences in living standards between nations.