United States US: PPP Conversion Factor: GDP data was reported at 1.000 USD/Intl $ in 2017. This stayed constant from the previous number of 1.000 USD/Intl $ for 2016. United States US: PPP Conversion Factor: GDP data is updated yearly, averaging 1.000 USD/Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1.000 USD/Intl $ in 2017 and a record low of 1.000 USD/Intl $ in 2017. United States US: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;

This dataset contains World GDP, PPP (current international $). Data from The World Bank. Follow datasource.kapsarc.org for timely data to advance energy economics research.

PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Brazil (PGD2USBRA621NUPN) from 1950 to 2010 about Brazil, PPP, per capita, and GDP.

Purchasing power parity (PPP). Data are sourced from the World Bank, International Comparison Program database. One dataset is provided: PPP conversion factor, GDP (LCU per international $).Description Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States.*Citations PPP conversion factor, GDP (LCU per international $). World Bank, International Comparison Program database.Source Name: PPP conversion factor, GDP (LCU per international $). World Bank, International Comparison Program database.Web: http://data.worldbank.org/indicator/PA.NUS.PPP

United States US: GDP: PPP data was reported at 19,390,604.000 Intl $ mn in 2017. This records an increase from the previous number of 18,624,475.000 Intl $ mn for 2016. United States US: GDP: PPP data is updated yearly, averaging 11,892,799.000 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 19,390,604.000 Intl $ mn in 2017 and a record low of 5,979,589.000 Intl $ mn in 1990. United States US: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

Between 2008 and 2022, Brazil's purchasing power parity has increased continuously. In 2008, the PPP was approximately 1.21 NCU per U.S. dollars, whereas in 2023 it reached 2.44 NCU. In the latter year, Brasília, the capital of Brazil, was the sixth city in Latin America and the Caribbean with the highest local purchasing power. Purchasing power parity indicates the number of units in the national currency (NCU) needed to buy the same amount of goods and services in a given country compared to those needed in the United States. This conversion aims to equalize the purchasing power among countries, by eliminating the differences in prices.

In 2023, the United States accounted for 15.56 percent of global gross domestic product (GDP) after adjusting for purchasing power parity (PPP). This share was expected to decrease to 14.72 percent by 2029, which is roughly a seventh of the global total. What is PPP? The easiest way to understand purchasing power parity is the Big Mac Index, a measure developed by The Economist. The index tracks the price of the McDonald’s Big Mac burger, sold at each of its thousands of restaurants worldwide. Countries where the Big Mac is most expensive have higher purchasing power, meaning one can buy more for each unit of that currency. To calculate PPP, economists use a group of goods to calculate the ratio of the price of this group in each country. This ratio is then used to convert all countries into a standardized price level, on parity with each other. Why use PPP? A U.S. dollar in the United States does not have the same purchasing power as a dollar in China, even after considering the exchange rate. For this reason, adjusting for PPP gives an idea of what the rest of the world could buy in the United States, if prices were the same as in their home country. However, some economists argue that using PPP for comparisons between countries is inaccurate because it changes the price level differently for each country. Still, because it accounts not only for country-specific effects but also inflation and exchange rate fluctuations, PPP is a very popular metric.

Between 2008 and 2022, Mexico's purchasing power parity experienced a slight growth. In 2008, the PPP was approximately 7.47 NCU per U.S. dollars. In 2022, it had increased to about 10.38 NCU. That year, five Mexican cities ranked amongst the metropolises with the highest local purchasing power in Latin America and the Caribbean. Purchasing power parity indicates the number of units in the national currency (NCU) needed to buy the same amount of goods and services in a given country compared to those needed in the United States. This conversion aims to equalize the purchasing power between countries, by eliminating the differences in prices.

Purchasing power parity indicates the number of units in the national currency (NCU) needed to buy the same number of goods and services in a given country compared to those needed in the United States. This conversion aims to equalize the purchasing power among countries, by eliminating the differences in prices. Between 2008 and 2022, Italy's purchasing power parity decreased. In 2008, the PPP was approximately 0.78 NCU per U.S. dollars, whereas it decreased to 0.6 NCU in 2022.

Graph and download economic data for Output-side Real GDP at Current Purchasing Power Parities for United States (CGDPOSUSA666NRUG) from 1950 to 2019 about PPP, real, GDP, and USA.

The Gross Domestic Product per capita in China was last recorded at 22137.60 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in China, when adjusted by Purchasing Power Parity is equivalent to 125 percent of the world's average. This dataset provides - China GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States US: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 1.000 % in 2017. This stayed constant from the previous number of 1.000 % for 2016. United States US: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 1.000 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1.000 % in 2017 and a record low of 1.000 % in 2017. United States US: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;

State of Palestine (West Bank and Gaza) PS: GDP: PPP data was reported at 22,886.737 Intl $ mn in 2017. This records a decrease from the previous number of 23,257.194 Intl $ mn for 2016. State of Palestine (West Bank and Gaza) PS: GDP: PPP data is updated yearly, averaging 12,787.924 Intl $ mn from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 23,257.194 Intl $ mn in 2016 and a record low of 4,602.563 Intl $ mn in 1994. State of Palestine (West Bank and Gaza) PS: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s State of Palestine (West Bank and Gaza) – Table PS.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

Russia had the highest GDP per capita based on purchasing-power-parity (PPP) among the presented Eurasian countries between 2010 and 2023 and was forecast to remain in the leading position in the following years. However, Kazakhstan was predicted to close the gap with Russia slowly by 2029. What are the largest economies in Eurasia? At an estimated 2.2 trillion U.S. dollars, Russia had the largest GDP among the Eurasian countries in 2024. The country generated most of its wealth through its energy sector, given that a high percentage of its industrial and agricultural sectors was privatized in the 1990s. Ranking second and third were Kazakhstan and Ukraine, whose GDP amounted to approximately 293 billion U.S. dollars and 184 billion U.S. dollars, respectively. Looking at national debt, Ukraine demonstrated the highest ratio to GDP, at over 95 percent in 2024. Despite exhibiting the second-lowest figure in the region, Russia’s national debt was forecast to increase in the years until 2029. Inflation in Eurasia The highest inflation rate in Eurasia was recorded in Uzbekistan, at around 10 percent in 2024. It was followed by Kazakhstan and Russia, where consumer prices were estimated to grow by approximately 8.6 percent and 7.9 percent relative to the previous year, respectively. As of January 2024, monthly expenses on the basic food basket occupied around 36 percent of the official minimum wage in Moldova. At the same time, in Uzbekistan, the minimum wage was just enough to cover basic food expenses.

The Gross Domestic Product per capita in Israel was last recorded at 48356.09 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Israel, when adjusted by Purchasing Power Parity is equivalent to 272 percent of the world's average. This dataset provides - Israel GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Ireland: GDP per capita, Purchasing Power Parity: The latest value from 2023 is 114922 U.S. dollars, a decline from 124991 U.S. dollars in 2022. In comparison, the world average is 26940 U.S. dollars, based on data from 183 countries. Historically, the average for Ireland from 1990 to 2023 is 63827 U.S. dollars. The minimum value, 29445 U.S. dollars, was reached in 1990 while the maximum of 124991 U.S. dollars was recorded in 2022.

The Gross Domestic Product per capita in Guatemala was last recorded at 12389.39 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Guatemala, when adjusted by Purchasing Power Parity is equivalent to 70 percent of the world's average. This dataset provides - Guatemala GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Togo was last recorded at 2767.52 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Togo, when adjusted by Purchasing Power Parity is equivalent to 16 percent of the world's average. This dataset provides - Togo GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Dominica: GDP per capita, Purchasing Power Parity: The latest value from 2023 is 17420 U.S. dollars, an increase from 16558 U.S. dollars in 2022. In comparison, the world average is 26940 U.S. dollars, based on data from 183 countries. Historically, the average for Dominica from 1990 to 2023 is 14196 U.S. dollars. The minimum value, 10409 U.S. dollars, was reached in 1990 while the maximum of 17420 U.S. dollars was recorded in 2023.

The Gross Domestic Product per capita in Iran was last recorded at 15912.03 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Iran, when adjusted by Purchasing Power Parity is equivalent to 90 percent of the world's average. This dataset provides - Iran GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.