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

1,203.74 (billion international dollars) in 2017

In 2017, GDP based on PPP for Egypt was 1,203.74 billion international dollars. Between 1998 and 2017, GDP based on PPP of Egypt grew substantially from 369.84 to 1,203.74 billion international dollars rising at an increasing annual rate that reached a maximum of 10.08 % in 2006 and then decreased to 6.16 % 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 Egypt GDP based on PPP?

Date Value Change, %
2017 1,203.74 6.16 %
2016 1,133.87 5.49 %
2015 1,074.89 5.49 %
2014 1,018.97 4.86 %
2013 971.71 5.11 %
2012 924.43 4.19 %
2011 887.28 3.89 %
2010 854.05 6.37 %
2009 802.89 5.47 %
2008 761.24 9.24 %
2007 696.85 9.96 %
2006 633.70