Table 13.—Gross Product of MOFA's as a Percentage of GDP of Selected Host Countries, 1989, 1996, and 1997

1989 1996 1997
Ireland12.413.516.5
Singapore8.010.69.4
Canada9.58.99.2
United Kingdom6.27.16.8
Honduras5.66.36.4
Costa Rica4.06.35.7
Belgium5.65.15.5
Netherlands5.84.45.5
Malaysia4.64.65.0
Australia4.94.44.8
New Zealand2.34.14.8
Hong Kong5.04.24.4
Norway4.64.14.1
Chile2.73.63.7
Switzerland2.92.83.3
Colombia2.93.13.2
Venezuela1.73.03.2
Mexico2.43.13.0
Brazil(/1/)2.72.9
Germany/2/3.02.62.7
France2.32.52.7
Portugal2.22.72.6
Philippines2.42.62.6
Indonesia4.22.52.5
United Arab Emirates4.32.92.3
Thailand2.51.92.2
Peru(/1/)1.62.2
Argentina(/1/)2.12.1
Sweden1.22.02.0
Italy1.91.81.9
Spain1.91.61.8
Finland0.91.61.8
Guatemala1.91.51.7
Denmark1.21.41.5
South Africa0.81.01.4
Egypt1.11.41.2
Ecuador2.81.41.2
Greece1.21.11.1
Turkey0.41.01.1
Israel0.81.11.0
Japan0.50.60.6
Korea, Republic of0.30.50.5
China(*)0.20.3
India0.10.10.2

* Less than 0.05 percent.

1. A share could not be calculated for this country for 1989, because dollar-denominated estimate of host-country GDP was incompatible with dollar-denominated estimate of MOFA gross product. Because the economy of the host country was experiencing hyperinflation in 1989, most MOFA operating there translated their financial statements from host-country currency to dollars daily, following U.S. generally accepted accounting principles. These daily translations, which are used to derive the dollar-denominated estimate of MOFA gross product, are not comparable the annual average exchange rate that is used to derive the dollar-denominated estimate of host-country GDP.

2. On October 3, 1990, the former German Democratic Republic became of the Federal Republic of Germany (FRG). Accordingly, the 1989 data shown in this table pertain to the FRG before unification and the post-1990 data pertain to the FRG after unification.

NOTE.—The countries are sorted in descending order of their 1997 values. Where two countries have the same 1997 value in the table, they were sorted using unrounded values. Host country GDP data for all countries except Hong Kong are from the International Monetary Fund, International Financial Statistics, April 1999 Edition (Washington, DC: International Monetary Fund, 1999). Data for Hong Kong are from the Web site for the Census and Statistics Department of the Hong Kong Special Administrative Region.

GDP Gross domestic product

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