Latest releases of new datasets and data updates from different sources around the world
Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema.Learn more
Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database.E-Commerce Prompting Innovation by Traditional Postal Services The Global Opportunity Index 2018 The High Burden of US Housing Costs Learn more
Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data.
In 2018, GDP per capita based on PPP for Iran was 19,557 international dollars. GDP per capita based on PPP of Iran increased from 9,701 international dollars in 1999 to 19,557 international dollars in 2018 growing at an average annual rate of 3.87 %.The description is composed by our digital data assistant.
GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. 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.