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

78.30 (billion international dollars) in 2018

In 2018, GDP based on PPP for Democratic Republic of the Congo was 78.3 billion international dollars. Over the last 20 years, GDP based on PPP of Democratic Republic of the Congo grew substantially from 22.86 to 78.3 billion international dollars rising at an increasing annual rate that reached a maximum of 11.50% in 2014 and then decreased to 8.39% 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 Democratic Republic of the Congo GDP based on PPP?

Date Value Change, %
2018 78.30 8.39 %
2017 72.23 5.68 %
2016 68.35 3.46 %
2015 66.07 8.03 %
2014 61.16 11.50 %
2013 54.85 10.38 %
2012 49.69 9.14 %
2011 45.53 9.11 %
2010 41.73 8.36 %
2009 38.51 3.64 %
2008 37.16 8.29 %
2007 34.31

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