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Appendix 7 US dollar GDP levels for 1999 on different exchange rate conventions

 

Average exchange rate during 1999

1999 purchasing power parity1

Country

GDP $bn2

GDP per
head $000s3

Relative GDP per
head4

GDP $bn

GDP per
head $000s3

Relative GDP
per head4

Belgium

248

24.3

108

249

24.4

110

Denmark

174

32.6

145

140

26.3

119

Germany

2,109

25.6

114

1,936

23.5

106

Greece

125

11.8

52

156

14.8

67

Spain

596

14.9

66

716

17.9

81

France

1,435

24.3

108

1,328

22.5

102

Ireland

90

24.1

107

94

25.1

114

Italy

1,171

20.3

90

1,269

22

100

Luxembourg

19

43.2

197

17

39.4

179

Netherlands

393

24.9

111

395

25

113

Austria

208

25.6

114

197

24.3

110

Portugal

111

11

49

164

16.4

74

Finland

129

24.9

111

118

22.9

103

Sweden

239

26.9

120

203

22.9

104

UK

1,437

24.1

107

1,338

22.5

102

 

 

 

 

 

 

 

EU 15

8,483

22.5

100

8,320

22.1

100

 

 

 

 

 

 

 

Norway

152

34.2

152

124

27.8

126

Switzerland

259

35.8

159

197

27.3

123

 

 

 

 

 

 

 

USA

9,256

33.9

151

9,256

33.9

153

Japan

4,360

34.5

153

3,079

24.4

110

The calculations were made by Capital Economics based on data from the sources below:

1 OECD estimates for 1999 purchasing power parity
2 Local price GDP figures from Eurostat and Primark Datastream converted to US$ by Capital Economics
3 Population figures from US Census Bureau
4 GDP per head relative to the EU 15 average calculated by Capital Economics