Data are in current U.S. dollars. Data are in current U.S. dollars. GNP, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. WDI Statistical methods, and 1.1.
Data are in current U.S. dollars.
GNP, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. WDI Statistical methods, and 1.1. Outlays by general government on durable goods primarily for military purposes are excluded. According to the SNA, these outlays are treated as current consumption and classified under government consumption.