Travel on a Budget: Exploring the Best Value Countries with a Nominal Real GDP Gap
When it comes to traveling abroad, how far your money can go depends on the strength of the local currency.
The data reveals the difference between nominal GDP and real GDP for various countries, and it can be seen that the strength of a country's currency can have a major impact on how much you get for your money.
For example, countries like Norway, Switzerland, and Israel have higher real GDPs than their nominal GDPs, suggesting that their currencies are stronger than what locals get for their money. As a foreigner, you will feel the country being more expensive than it necessary is.
On the other hand, countries such as Russia and Turkey are under US financial sanction for some years. Their nominal and real GDP gaps are -54% and -74% respectively. The negative gap suggests no one in the international market wants their currencies even though the people inside are doing just as fine.
By measuring the difference between the real GDP and nominal GDP, you can check what living standard your money can afford you in another country.
Top 10 Best Value Countries to Travel To
Tajikistan: the currency gap -79%.
Sudan: the currency gap -79%.
Myanmar: the currency gap -77%.
Sri Lanka: the currency gap -77%.
Laos: the currency gap -76%.
Uzbekistan: the currency gap -76%.
Sierra Leone: the currency gap -75%.
Kyrgyzstan: the currency gap -75%.
Pakistan: the currency gap -75%.
Turkey: the currency gap -74%.
Bottom 10 Worst Value Countries to Travel To
Iran: the currency gap 23%.
Norway: the currency gap 19%.
Barbados: the currency gap 16%.
Iceland: the currency gap 11%.
Micronesia: the currency gap 11%.
Marshall Islands: the currency gap 11%.
Switzerland: the currency gap 9%.
Australia: the currency gap 7%.
Vanuatu: the currency gap 7%.
Israel: the currency gap 6%.
Note: Iran's gap is high because IMF used the government's official exchange rate which is set to be higher.
List of Countries
United States: nominal GDP 25035164 and real GDP 25035164. The difference is 0%.
China: nominal GDP 18321197 and real GDP 30074380. The difference is -39%.
Japan: nominal GDP 4300621 and real GDP 6109961. The difference is -30%.
Germany: nominal GDP 4031149 and real GDP 5316933. The difference is -24%.
India: nominal GDP 3468566 and real GDP 11665486. The difference is -70%.
United Kingdom: nominal GDP 3198470 and real GDP 3776044. The difference is -15%.
France: nominal GDP 2778090 and real GDP 3688323. The difference is -25%.
Canada: nominal GDP 2200352 and real GDP 2240390. The difference is -2%.
Russia: nominal GDP 2133092 and real GDP 4649674. The difference is -54%.
Italy: nominal GDP 1996934 and real GDP 3022162. The difference is -34%.
Iran: nominal GDP 1973738 and real GDP 1599249. The difference is 23%.
Brazil: nominal GDP 1894708 and real GDP 3782763. The difference is -50%.
South Korea: nominal GDP 1734207 and real GDP 2765834. The difference is -37%.
Australia: nominal GDP 1724787 and real GDP 1615286. The difference is 7%.
Mexico: nominal GDP 1424533 and real GDP 2919875. The difference is -51%.
Spain: nominal GDP 1389927 and real GDP 2215992. The difference is -37%.
Indonesia: nominal GDP 1289429 and real GDP 4023501. The difference is -68%.
Saudi Arabia: nominal GDP 1010588 and real GDP 2018260. The difference is -50%.
Netherlands: nominal GDP 990583 and real GDP 1226656. The difference is -19%.
Turkey: nominal GDP 853487 and real GDP 3320994. The difference is -74%.
Taiwan: nominal GDP 828659 and real GDP 1621702. The difference is -49%.
Switzerland: nominal GDP 807418 and real GDP 737838. The difference is 9%.
Poland: nominal GDP 716305 and real GDP 1599020. The difference is -55%.
Argentina: nominal GDP 630698 and real GDP 1207228. The difference is -48%.
Sweden: nominal GDP 603922 and real GDP 684458. The difference is -12%.
Belgium: nominal GDP 589491 and real GDP 723090. The difference is -18%.
Thailand: nominal GDP 534758 and real GDP 1479644. The difference is -64%.
Israel: nominal GDP 527179 and real GDP 496841. The difference is 6%.
Ireland: nominal GDP 519776 and real GDP 666309. The difference is -22%.
Norway: nominal GDP 504703 and real GDP 425612. The difference is 19%.
Nigeria: nominal GDP 504203 and real GDP 1275297. The difference is -60%.
United Arab Emirates: nominal GDP 503913 and real GDP 814733. The difference is -38%.
Egypt: nominal GDP 469094 and real GDP 1661955. The difference is -72%.
Austria: nominal GDP 468046 and real GDP 599470. The difference is -22%.
Bangladesh: nominal GDP 460751 and real GDP 1345646. The difference is -66%.
Malaysia: nominal GDP 434059 and real GDP 1096507. The difference is -60%.
Singapore: nominal GDP 423632 and real GDP 700980. The difference is -40%.
Vietnam: nominal GDP 413808 and real GDP 1299690. The difference is -68%.
South Africa: nominal GDP 411480 and real GDP 949846. The difference is -57%.
Philippines: nominal GDP 401662 and real GDP 1154875. The difference is -65%.
Denmark: nominal GDP 386724 and real GDP 411039. The difference is -6%.
Pakistan: nominal GDP 376493 and real GDP 1512476. The difference is -75%.
Hong Kong: nominal GDP 368373 and real GDP 518743. The difference is -29%.
Colombia: nominal GDP 342919 and real GDP 964743. The difference is -64%.
Chile: nominal GDP 310866 and real GDP 575516. The difference is -46%.
Romania: nominal GDP 299885 and real GDP 731466. The difference is -59%.
Czech Republic: nominal GDP 295618 and real GDP 514732. The difference is -43%.
Iraq: nominal GDP 282876 and real GDP 524210. The difference is -46%.
Finland: nominal GDP 281411 and real GDP 324829. The difference is -13%.
Portugal: nominal GDP 255854 and real GDP 432063. The difference is -41%.
New Zealand: nominal GDP 242700 and real GDP 261039. The difference is -7%.
Peru: nominal GDP 239333 and real GDP 521841. The difference is -54%.
Kazakhstan: nominal GDP 224338 and real GDP 596666. The difference is -62%.
Greece: nominal GDP 222008 and real GDP 387801. The difference is -43%.
Qatar: nominal GDP 221369 and real GDP 303596. The difference is -27%.
Ukraine: nominal GDP 199719 and real GDP 588448. The difference is -66%.
Algeria: nominal GDP 187155 and real GDP 600668. The difference is -69%.
Hungary: nominal GDP 184651 and real GDP 409834. The difference is -55%.
Kuwait: nominal GDP 183568 and real GDP 248113. The difference is -26%.
Morocco: nominal GDP 142874 and real GDP 359671. The difference is -60%.
Angola: nominal GDP 124794 and real GDP 245442. The difference is -49%.
Puerto Rico: nominal GDP 118677 and real GDP 135277. The difference is -12%.
Ecuador: nominal GDP 115469 and real GDP 229815. The difference is -50%.
Kenya: nominal GDP 114858 and real GDP 311753. The difference is -63%.
Slovakia: nominal GDP 112418 and real GDP 211118. The difference is -47%.
Dominican Republic: nominal GDP 112417 and real GDP 256446. The difference is -56%.
Ethiopia: nominal GDP 111181 and real GDP 347847. The difference is -68%.
Oman: nominal GDP 108969 and real GDP 190475. The difference is -43%.
Cuba: nominal GDP 0 and real GDP 0. The difference is NaN%.
Guatemala: nominal GDP 91318 and real GDP 185849. The difference is -51%.
Bulgaria: nominal GDP 85008 and real GDP 198349. The difference is -57%.
Luxembourg: nominal GDP 82154 and real GDP 91107. The difference is -10%.
Venezuela: nominal GDP 82145 and real GDP 191329. The difference is -57%.
Belarus: nominal GDP 79704 and real GDP 201967. The difference is -61%.
Uzbekistan: nominal GDP 79117 and real GDP 334318. The difference is -76%.
Tanzania: nominal GDP 76582 and real GDP 207550. The difference is -63%.
Ghana: nominal GDP 75996 and real GDP 217525. The difference is -65%.
Turkmenistan: nominal GDP 74439 and real GDP 117787. The difference is -37%.
Sri Lanka: nominal GDP 73739 and real GDP 318690. The difference is -77%.
Uruguay: nominal GDP 71161 and real GDP 96810. The difference is -26%.
Panama: nominal GDP 71085 and real GDP 159863. The difference is -56%.
Azerbaijan: nominal GDP 70066 and real GDP 178679. The difference is -61%.
Croatia: nominal GDP 69380 and real GDP 150433. The difference is -54%.
Ivory Coast: nominal GDP 68630 and real GDP 181533. The difference is -62%.
Costa Rica: nominal GDP 68489 and real GDP 129950. The difference is -47%.
Lithuania: nominal GDP 68031 and real GDP 130670. The difference is -48%.
DR Congo: nominal GDP 63909 and real GDP 128535. The difference is -50%.
Serbia: nominal GDP 62721 and real GDP 164835. The difference is -62%.
Slovenia: nominal GDP 62191 and real GDP 105450. The difference is -41%.
Myanmar: nominal GDP 59530 and real GDP 260274. The difference is -77%.
Uganda: nominal GDP 48352 and real GDP 132010. The difference is -63%.
Jordan: nominal GDP 48066 and real GDP 123351. The difference is -61%.
Tunisia: nominal GDP 46282 and real GDP 151495. The difference is -69%.
Cameroon: nominal GDP 44212 and real GDP 123341. The difference is -64%.
Bahrain: nominal GDP 43544 and real GDP 87905. The difference is -50%.
Bolivia: nominal GDP 43431 and real GDP 118802. The difference is -63%.
Sudan: nominal GDP 42762 and real GDP 207713. The difference is -79%.
Paraguay: nominal GDP 41855 and real GDP 108290. The difference is -61%.
Libya: nominal GDP 40836 and real GDP 128389. The difference is -68%.
Latvia: nominal GDP 40588 and real GDP 72033. The difference is -44%.
Estonia: nominal GDP 39054 and real GDP 61389. The difference is -36%.
Nepal: nominal GDP 39028 and real GDP 141161. The difference is -72%.
Zimbabwe: nominal GDP 38280 and real GDP 40408. The difference is -5%.
El Salvador: nominal GDP 31989 and real GDP 69285. The difference is -54%.
Papua New Guinea: nominal GDP 31362 and real GDP 39083. The difference is -20%.
Honduras: nominal GDP 30568 and real GDP 69684. The difference is -56%.
Trinidad and Tobago: nominal GDP 29337 and real GDP 42136. The difference is -30%.
Cambodia: nominal GDP 28330 and real GDP 89289. The difference is -68%.
Iceland: nominal GDP 27702 and real GDP 24888. The difference is 11%.
Yemen: nominal GDP 27594 and real GDP 67454. The difference is -59%.
Senegal: nominal GDP 27542 and real GDP 72703. The difference is -62%.
Zambia: nominal GDP 27025 and real GDP 76325. The difference is -65%.
Cyprus: nominal GDP 26705 and real GDP 44762. The difference is -40%.
Georgia: nominal GDP 25172 and real GDP 73579. The difference is -66%.
Bosnia and Herzegovina: nominal GDP 23681 and real GDP 62165. The difference is -62%.
Macau: nominal GDP 23420 and real GDP 40369. The difference is -42%.
Gabon: nominal GDP 22221 and real GDP 39093. The difference is -43%.
Haiti: nominal GDP 20182 and real GDP 38198. The difference is -47%.
Afghanistan: nominal GDP 20136 and real GDP 0. The difference is NaN%.
Guinea: nominal GDP 19745 and real GDP 43922. The difference is -55%.
Palestine: nominal GDP 19698 and real GDP 33996. The difference is -42%.
Brunei: nominal GDP 18464 and real GDP 31904. The difference is -42%.
Mali: nominal GDP 18434 and real GDP 56051. The difference is -67%.
Burkina Faso: nominal GDP 18268 and real GDP 58812. The difference is -69%.
Albania: nominal GDP 18256 and real GDP 51189. The difference is -64%.
Lebanon: nominal GDP 24494 and real GDP 0. The difference is NaN%.
Botswana: nominal GDP 18005 and real GDP 47046. The difference is -62%.
Mozambique: nominal GDP 17873 and real GDP 48040. The difference is -63%.
Armenia: nominal GDP 17693 and real GDP 49767. The difference is -64%.
Benin: nominal GDP 17547 and real GDP 53699. The difference is -67%.
Malta: nominal GDP 17156 and real GDP 29367. The difference is -42%.
Equatorial Guinea: nominal GDP 16877 and real GDP 29117. The difference is -42%.
Laos: nominal GDP 16250 and real GDP 68573. The difference is -76%.
Jamaica: nominal GDP 16104 and real GDP 32818. The difference is -51%.
North Korea: nominal GDP 0 and real GDP 0. The difference is NaN%.
Mongolia: nominal GDP 15720 and real GDP 47115. The difference is -67%.
Nicaragua: nominal GDP 15695 and real GDP 47273. The difference is -67%.
Syria: nominal GDP 0 and real GDP 0. The difference is NaN%.
Madagascar: nominal GDP 15106 and real GDP 51849. The difference is -71%.
Guyana: nominal GDP 14839 and real GDP 33761. The difference is -56%.
Niger: nominal GDP 14639 and real GDP 37648. The difference is -61%.
Congo: nominal GDP 14486 and real GDP 23031. The difference is -37%.
North Macedonia: nominal GDP 14101 and real GDP 40927. The difference is -66%.
Moldova: nominal GDP 14048 and real GDP 41882. The difference is -66%.
Chad: nominal GDP 12945 and real GDP 29927. The difference is -57%.
Bahamas: nominal GDP 12693 and real GDP 15661. The difference is -19%.
Namibia: nominal GDP 12488 and real GDP 28021. The difference is -55%.
Rwanda: nominal GDP 12098 and real GDP 37586. The difference is -68%.
Malawi: nominal GDP 11554 and real GDP 35078. The difference is -67%.
Mauritius: nominal GDP 11497 and real GDP 32013. The difference is -64%.
Mauritania: nominal GDP 10091 and real GDP 30013. The difference is -66%.
Tajikistan: nominal GDP 9983 and real GDP 47241. The difference is -79%.
Kyrgyzstan: nominal GDP 9750 and real GDP 39214. The difference is -75%.
New Caledonia: nominal GDP 0 and real GDP 0. The difference is NaN%.
Kosovo: nominal GDP 9242 and real GDP 25362. The difference is -64%.
Somalia: nominal GDP 8416 and real GDP 20642. The difference is -59%.
Togo: nominal GDP 8359 and real GDP 22781. The difference is -63%.
Bermuda: nominal GDP 0 and real GDP 0. The difference is NaN%.
Liechtenstein: nominal GDP 0 and real GDP 0. The difference is NaN%.
Monaco: nominal GDP 0 and real GDP 0. The difference is NaN%.
Cayman Islands: nominal GDP 0 and real GDP 0. The difference is NaN%.
Montenegro: nominal GDP 6127 and real GDP 16195. The difference is -62%.
Maldives: nominal GDP 5900 and real GDP 12071. The difference is -51%.
Guam: nominal GDP 0 and real GDP 0. The difference is NaN%.
Barbados: nominal GDP 5788 and real GDP 5010. The difference is 16%.
French Polynesia: nominal GDP 0 and real GDP 0. The difference is NaN%.
Fiji: nominal GDP 4859 and real GDP 12685. The difference is -62%.
South Sudan: nominal GDP 4784 and real GDP 13633. The difference is -65%.
Eswatini: nominal GDP 4669 and real GDP 12725. The difference is -63%.
Sierra Leone: nominal GDP 4101 and real GDP 16386. The difference is -75%.
Liberia: nominal GDP 3900 and real GDP 8841. The difference is -56%.
Djibouti: nominal GDP 3725 and real GDP 6619. The difference is -44%.
Burundi: nominal GDP 3686 and real GDP 10898. The difference is -66%.
Aruba: nominal GDP 3499 and real GDP 5066. The difference is -31%.
Andorra: nominal GDP 3302 and real GDP 5301. The difference is -38%.
Greenland: nominal GDP 0 and real GDP 0. The difference is NaN%.
Suriname: nominal GDP 3011 and real GDP 10707. The difference is -72%.
Bhutan: nominal GDP 2707 and real GDP 9937. The difference is -73%.
Belize: nominal GDP 2676 and real GDP 4224. The difference is -37%.
Lesotho: nominal GDP 2507 and real GDP 6395. The difference is -61%.
Curaçao: nominal GDP 0 and real GDP 0. The difference is NaN%.
Central African Republic: nominal GDP 2488 and real GDP 5460. The difference is -54%.
East Timor: nominal GDP 2455 and real GDP 5347. The difference is -54%.
Eritrea: nominal GDP 2369 and real GDP 7611. The difference is -69%.
Gambia: nominal GDP 2172 and real GDP 6776. The difference is -68%.
Cape Verde: nominal GDP 2053 and real GDP 4823. The difference is -57%.
Seychelles: nominal GDP 2005 and real GDP 3725. The difference is -46%.
Saint Lucia: nominal GDP 1972 and real GDP 3008. The difference is -34%.
Zanzibar: nominal GDP 0 and real GDP undefined. The difference is NaN%.
Antigua and Barbuda: nominal GDP 1692 and real GDP 2224. The difference is -24%.
Guinea-Bissau: nominal GDP 1624 and real GDP 5406. The difference is -70%.
San Marino: nominal GDP 1623 and real GDP 2452. The difference is -34%.
Solomon Islands: nominal GDP 1601 and real GDP 1671. The difference is -4%.
British Virgin Islands: nominal GDP 0 and real GDP 0. The difference is NaN%.
Comoros: nominal GDP 1242 and real GDP 3214. The difference is -61%.
Grenada: nominal GDP 1192 and real GDP 2098. The difference is -43%.
Northern Mariana Islands: nominal GDP 0 and real GDP 0. The difference is NaN%.
Saint Kitts and Nevis: nominal GDP 1115 and real GDP 1619. The difference is -31%.
Vanuatu: nominal GDP 984 and real GDP 922. The difference is 7%.
Saint Vincent and the Grenadines: nominal GDP 948 and real GDP 1751. The difference is -46%.
Turks and Caicos Islands: nominal GDP 0 and real GDP 0. The difference is NaN%.
Sint Maarten: nominal GDP 0 and real GDP undefined. The difference is NaN%.
Samoa: nominal GDP 830 and real GDP 1183. The difference is -30%.
American Samoa: nominal GDP 0 and real GDP 0. The difference is NaN%.
Dominica: nominal GDP 599 and real GDP 966. The difference is -38%.
São Tomé and Príncipe: nominal GDP 506 and real GDP 1069. The difference is -53%.
Tonga: nominal GDP 501 and real GDP 666. The difference is -25%.
Micronesia: nominal GDP 428 and real GDP 386. The difference is 11%.
Cook Islands: nominal GDP 0 and real GDP 0. The difference is NaN%.
Marshall Islands: nominal GDP 271 and real GDP 245. The difference is 11%.
Anguilla: nominal GDP 0 and real GDP 0. The difference is NaN%.
Palau: nominal GDP 226 and real GDP 236. The difference is -4%.
Kiribati: nominal GDP 207 and real GDP 268. The difference is -23%.
Nauru: nominal GDP 134 and real GDP 145. The difference is -8%.
Montserrat: nominal GDP 0 and real GDP 0. The difference is NaN%.
Tuvalu: nominal GDP 64 and real GDP 63. The difference is 2%.
Source: IMF 2022.