The share in the global GDP adjusted for PPP in Singapore was forecast to continuously decrease between 2024 and 2029 by in total 0.01 percentage points. The share is estimated to amount to 0.44 percent in 2029. This indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.Find more key insights for the share in the global GDP adjusted for PPP in countries like Malaysia, Indonesia, and Brunei.

Singapore's GDP per capita based on its purchasing-power-parity (PPP) for 2020 amounted to about 100 thousand current international dollars, indicating that on average, Singaporean inhabitants own more money to spend than their neighboring countries, Malaysia and Indonesia.

In 2022, Luxembourg had the largest gross domestic product (GDP) per capita at purchasing power parity. The country ranked first with a PPP-adjusted GDP per capita of about 141,000 international dollars. Ireland and Singapore followed in the places behind.

The share in the global GDP adjusted for PPP in the Philippines was forecast to continuously increase between 2024 and 2029 by in total 0.1 percentage points. After the eighth consecutive increasing year, the share is estimated to reach 0.82 percent and therefore a new peak in 2029. Following the definitions provided by the International Monetary Fund, this indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.Find more key insights for the share in the global GDP adjusted for PPP in countries like Singapore, Cambodia, and Malaysia.

国内生产总值：当前 PPP在12-01-2022达748,498.819百万美元，相较于12-01-2021的702,043.066百万美元有所增长。国内生产总值：当前 PPP数据按年更新，12-01-1990至12-01-2022期间平均值为281,953.945百万美元，共33份观测结果。该数据的历史最高值出现于12-01-2022，达748,498.819百万美元，而历史最低值则出现于12-01-1990，为72,567.935百万美元。CEIC提供的国内生产总值：当前 PPP数据处于定期更新的状态，数据来源于Organisation for Economic Co-operation and Development，数据归类于全球数据库的新加坡 – Table SG.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: Non OECD Member: Annual。

The share in the global GDP adjusted for PPP in Brunei Darussalam was forecast to remain on a similar level in 2029 as compared to 2024 with 0.02 percent. According to this forecast, the share will stay nearly the same over the forecast period. Depicted here is the share of a country's gross domestic product in the global gross domestic product. As the International Monetary Fund describes, the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.Find more key insights for the share in the global GDP adjusted for PPP in countries like Cambodia, Myanmar (Burma), and Singapore.

The share in the global GDP adjusted for PPP in Thailand was forecast to continuously decrease between 2024 and 2029 by in total 0.02 percentage points. The share is estimated to amount to 0.89 percent in 2029. Following the definitions provided by the International Monetary Fund, this indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.Find more key insights for the share in the global GDP adjusted for PPP in countries like Indonesia, Singapore, and Cambodia.

In 2023, the U.S. GDP increased from the previous year to about 27.36 trillion U.S. dollars. This increase in GDP can be attributed to a continued rebound from the impact of the coronavirus pandemic. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2023, the United States has the largest economy in the world. See, for example, the Russian GDP for comparison.

What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs).

GDP and national debt

Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living.

While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.

国内生产总值在12-01-2022达643,545.800百万新加坡元，相较于12-01-2021的569,364.200百万新加坡元有所增长。国内生产总值数据按年更新，12-01-1981至12-01-2022期间平均值为165,665.250百万新加坡元，共42份观测结果。该数据的历史最高值出现于12-01-2022，达643,545.800百万新加坡元，而历史最低值则出现于12-01-1981，为30,352.000百万新加坡元。CEIC提供的国内生产总值数据处于定期更新的状态，数据来源于Organisation for Economic Co-operation and Development，数据归类于全球数据库的新加坡 – Table SG.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: Non OECD Member: Annual。

（停止更新）雇员的人均国内生产总值（GDP）：2017 PPP在12-01-2022达178,392.369Intl $，相较于12-01-2021的180,259.935Intl $有所下降。（停止更新）雇员的人均国内生产总值（GDP）：2017 PPP数据按年更新，12-01-1991至12-01-2022期间平均值为130,163.104Intl $，共32份观测结果。该数据的历史最高值出现于12-01-2021，达180,259.935Intl $，而历史最低值则出现于12-01-1991，为81,574.626Intl $。CEIC提供的（停止更新）雇员的人均国内生产总值（GDP）：2017 PPP数据处于定期更新的状态，数据来源于World Bank，数据归类于全球数据库的新加坡 – Table SG.World Bank.WDI: Employment and Unemployment。

The share in the global GDP adjusted for PPP in Cambodia was forecast to continuously increase between 2024 and 2029 by in total 0.01 percentage points. The share is estimated to amount to 0.08 percent in 2029. This indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.Find more key insights for the share in the global GDP adjusted for PPP in countries like Indonesia, Philippines, and Singapore.

材料资源：每单位国内开采量创造的GDP：PPP：2015年价格：生物质：食品在12-01-2022达20,940.270千，相较于12-01-2021的20,483.870千有所增长。材料资源：每单位国内开采量创造的GDP：PPP：2015年价格：生物质：食品数据按年更新，12-01-1990至12-01-2022期间平均值为11,795.850千，共33份观测结果。该数据的历史最高值出现于12-01-2022，达20,940.270千，而历史最低值则出现于12-01-1990，为3,851.453千。CEIC提供的材料资源：每单位国内开采量创造的GDP：PPP：2015年价格：生物质：食品数据处于定期更新的状态，数据来源于Organisation for Economic Co-operation and Development，数据归类于全球数据库的新加坡 – Table SG.OECD.ESG: Environmental: Material Resources by Material Groups: Non OECD Member: Annual。

（停止更新）生物多样性：Tax Revenue per Capita：2015年购买力平价在12-01-2021达0.000美元，相较于12-01-2020的0.000美元保持不变。（停止更新）生物多样性：Tax Revenue per Capita：2015年购买力平价数据按年更新，12-01-1994至12-01-2021期间平均值为0.000美元，共28份观测结果。该数据的历史最高值出现于12-01-2021，达0.000美元，而历史最低值则出现于12-01-2021，为0.000美元。CEIC提供的（停止更新）生物多样性：Tax Revenue per Capita：2015年购买力平价数据处于定期更新的状态，数据来源于Organisation for Economic Co-operation and Development，数据归类于全球数据库的新加坡 – Table SG.OECD.ESG: Environmental: Environmentally Related Tax Revenue: Cross Cutting Domains: Non OECD Member: Annual。

In 2023, the gross national income (GNI) per capita based on purchasing power parity (PPP) of Singapore amounted to nearly 119,000 international dollars, making it the highest among the Asia-Pacific countries surveyed. In comparison, the Solomon Islands had a GNI per capita PPP of approximately 3,080 international dollars in 2023.

Circular Economy：Tax Revenue per Capita：2015年购买力平价：交通运输在12-01-2022达58.187美元，相较于12-01-2021的82.613美元有所下降。Circular Economy：Tax Revenue per Capita：2015年购买力平价：交通运输数据按年更新，12-01-2005至12-01-2022期间平均值为112.586美元，共18份观测结果。该数据的历史最高值出现于12-01-2005，达195.808美元，而历史最低值则出现于12-01-2022，为58.187美元。CEIC提供的Circular Economy：Tax Revenue per Capita：2015年购买力平价：交通运输数据处于定期更新的状态，数据来源于Organisation for Economic Co-operation and Development，数据归类于全球数据库的新加坡 – Table SG.OECD.ESG: Environmental: Environmentally Related Tax Revenue: Cross Cutting Domains: Non OECD Member: Annual。

In 2025, in the Asia-Pacific region, Singapore's labor productivity was projected to reach nearly 97 international dollars at purchasing power parity (PPP), while the labor productivity in Cambodia in 2025 was projected at close to four international dollars PPP.

At 8.07 U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the July 2024 Big Mac index. Concurrently, the cost of a Big Mac was 5.69 dollars in the U.S., and 6.06 U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.

According to forecast data from Tellusant, 98.7 percent of the Singaporean population in 2024 would earn at least the equivalent of the top 40 percent of global earners in 2022 constant purchasing power parity. Out of those 98.7 percent, 72.1 percent would earn the equivalent of the top 10 percent of global earners in 2022 constant purchasing power parity.

The gross domestic product (GDP) per capita in the Philippines was forecast to continuously increase between 2024 and 2029 by in total 1,773.8 U.S. dollars (+42.71 percent). After the ninth consecutive increasing year, the GDP per capita is estimated to reach 5,927.36 U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Indonesia, Singapore, and Vietnam.