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Israel - Gross domestic product per capita based on purchasing-power-parity in current prices

36,405 (international dollars) in 2017

In 2017, GDP per capita based on PPP for Israel was 36,405 international dollars. GDP per capita based on PPP of Israel increased from 18,845 international dollars in 1998 to 36,405 international dollars in 2017 growing at an average annual rate of 3.56 %.

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What is GDP per capita based on PPP?

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.

What is Israel GDP per capita based on PPP?

Date Value Change, %
2017 36,405 3.25 %
2016 35,260 3.05 %
2015 34,217 1.69 %
2014 33,649 3.43 %
2013 32,533 4.07 %
2012 31,259 2.26 %
2011 30,569 5.45 %
2010 28,990 4.77 %
2009 27,672 -0.17 %
2008 27,718 3.08 %
2007 26,889 7.14 %
2006 25,096