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

19,938 (international dollars) in 2017

In 2017, GDP per capita based on PPP for Mexico was 19,938 international dollars. GDP per capita based on PPP of Mexico increased from 11,525 international dollars in 1998 to 19,938 international dollars in 2017 growing at an average annual rate of 2.96 %.

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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 Mexico GDP per capita based on PPP?

Date Value Change, %
2017 19,938 2.93 %
2016 19,370 2.94 %
2015 18,816 3.28 %
2014 18,219 3.60 %
2013 17,587 1.96 %
2012 17,248 4.39 %
2011 16,522 4.52 %
2010 15,807 5.04 %
2009 15,049 -5.88 %
2008 15,989 1.71 %
2007 15,720 3.72 %
2006 15,156