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

93.43 (billion international dollars) in 2018

In 2018, GDP based on PPP for Jordan was 93.43 billion international dollars. GDP based on PPP of Jordan increased from 28.51 billion international dollars in 1999 to 93.43 billion international dollars in 2018 growing at an average annual rate of 6.48 %.

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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 Jordan GDP based on PPP?

Date Value Change, %
2018 93.43 4.30 %
2017 89.58 4.06 %
2016 86.08 3.16 %
2015 83.45 3.45 %
2014 80.67 5.05 %
2013 76.79 4.63 %
2012 73.39 4.62 %
2011 70.15 4.73 %
2010 66.98 3.50 %
2009 64.71 6.28 %
2008 60.89 9.32 %
2007 55.70