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Bangladesh - Gross domestic product based on purchasing-power-parity in current prices

761.70 (billion international dollars) in 2018

In 2018, GDP based on PPP for Bangladesh was 761.7 billion international dollars. Over the last 20 years, GDP based on PPP of Bangladesh grew substantially from 167.58 to 761.7 billion international dollars rising at an increasing annual rate that reached a maximum of 10.16 % in 2018.

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What is GDP based on PPP?

GDP (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates. 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 Bangladesh GDP based on PPP?

Date Value Change, %
2018 761.70 10.16 %
2017 691.48 9.63 %
2016 630.74 8.37 %
2015 582.00 7.98 %
2014 538.97 8.33 %
2013 497.55 7.90 %
2012 461.12 8.30 %
2011 425.79 8.72 %
2010 391.65 7.27 %
2009 365.12 6.12 %
2008 344.07 7.57 %
2007 319.86

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