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Democratic Republic of the Congo - Gross domestic product based on purchasing-power-parity in current prices

68.60 (billion international dollars) in 2017

In 2017, GDP based on PPP for Democratic Republic of the Congo was 68.6 billion international dollars. Between 1998 and 2017, GDP based on PPP of Democratic Republic of the Congo grew substantially from 22.28 to 68.6 billion international dollars rising at an increasing annual rate that reached a maximum of 11.54 % in 2014 and then decreased to 5.38 % in 2017.

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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 Democratic Republic of the Congo GDP based on PPP?

Date Value Change, %
2017 68.60 5.38 %
2016 65.09 3.52 %
2015 62.88 8.06 %
2014 58.19 11.54 %
2013 52.17 10.38 %
2012 47.26 9.14 %
2011 43.30 9.11 %
2010 39.69 8.36 %
2009 36.63 3.64 %
2008 35.34 8.30 %
2007 32.63 9.11 %
2006 29.91