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

57,816,618,893 (international dollars) in 2022

In 2022, GDP based on PPP for Burkina Faso was 57,816 million international dollars. Between 2003 and 2022, GDP based on PPP of Burkina Faso grew substantially from 13,576 million to 57,816 million international dollars rising at an increasing annual rate that reached a maximum of 13.88% in 2016 and then decreased to 8.95% in 2022.

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What is GDP based on PPP?

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 current international dollars.

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What is Burkina Faso GDP based on PPP?