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

34.55 (billion international dollars) in 2018

In 2018, GDP based on PPP for Brunei Darussalam was 34.55 billion international dollars. GDP based on PPP of Brunei Darussalam increased from 20.71 billion international dollars in 1999 to 34.55 billion international dollars in 2018 growing at an average annual rate of 2.76 %.

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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 Brunei Darussalam GDP based on PPP?

Date Value Change, %
2018 34.55 2.02 %
2017 33.87 3.26 %
2016 32.80 -1.40 %
2015 33.27 0.66 %
2014 33.05 -0.66 %
2013 33.27 -0.41 %
2012 33.41 2.85 %
2011 32.48 5.91 %
2010 30.67 3.85 %
2009 29.53 -1.07 %
2008 29.85 -0.07 %
2007 29.87