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

41,839 (international dollars) in 2017

In 2017, GDP per capita based on PPP for Malta was 41,839 international dollars. Between 1998 and 2017, GDP per capita based on PPP of Malta grew substantially from 19,205 to 41,839 international dollars rising at an increasing annual rate that reached a maximum of 8.43 % in 2014 and then decreased to 6.38 % in 2017.

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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 Malta GDP per capita based on PPP?

Date Value Change, %
2017 41,839 6.38 %
2016 39,331 3.83 %
2015 37,880 8.11 %
2014 35,039 8.43 %
2013 32,314 5.18 %
2012 30,721 4.05 %
2011 29,526 3.20 %
2010 28,609 3.97 %
2009 27,518 -2.44 %
2008 28,207 4.76 %
2007 26,925 6.59 %
2006 25,261