GDP, PPP (constant 2011 international $)

Definition: 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 constant 2011 international dollars.

Description: The map below shows how GDP, PPP (constant 2011 international $) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is China, with a value of 23,020,500,000,000.00. The country with the lowest value in the world is Tuvalu, with a value of 52,014,550.00.

Source: World Bank, International Comparison Program database.

See also: Country ranking, Time series comparison

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Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual