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Argentina - Gross domestic product per capita based on purchasing-power-parity in current prices

20,537 (international dollars) in 2018

In 2018, GDP per capita based on PPP for Argentina was 20,537 international dollars. Though Argentina GDP per capita based on PPP fluctuated substantially in recent years, it tended to increase through 1999 - 2018 period ending at 20,537 international dollars in 2018.

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What is GDP per capita based on PPP?

GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A’s currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B’s currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or “numeraire” currency.

What is Argentina GDP per capita based on PPP?

Date Value Change, %
2018 20,537 -1.41 %
2017 20,830 3.48 %
2016 20,130 -2.05 %
2015 20,552 2.72 %
2014 20,008 -1.75 %
2013 20,366 3.04 %
2012 19,764 -0.27 %
2011 19,817 6.98 %
2010 18,525 9.62 %
2009 16,899 -6.12 %
2008 18,000 5.04 %
2007 17,136