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

46,621 (international dollars) in 2017

In 2017, GDP per capita based on PPP for Belgium was 46,621 international dollars. GDP per capita based on PPP of Belgium increased from 26,515 international dollars in 1998 to 46,621 international dollars in 2017 growing at an average annual rate of 3.03 %.

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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 Belgium GDP per capita based on PPP?

Date Value Change, %
2017 46,621 3.29 %
2016 45,135 1.85 %
2015 44,315 2.00 %
2014 43,447 2.81 %
2013 42,258 1.39 %
2012 41,678 1.46 %
2011 41,077 2.41 %
2010 40,112 3.11 %
2009 38,902 -2.30 %
2008 39,817 1.95 %
2007 39,056 5.49 %
2006 37,022