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

924.41 (billion international dollars) in 2017

In 2017, GDP based on PPP for Netherlands was 924.41 billion international dollars. GDP based on PPP of Netherlands increased from 471.6 billion international dollars in 1998 to 924.41 billion international dollars in 2017 growing at an average annual rate of 3.63 %.

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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 Netherlands GDP based on PPP?

Date Value Change, %
2017 924.41 4.82 %
2016 881.87 3.31 %
2015 853.62 3.05 %
2014 828.37 3.34 %
2013 801.57 1.63 %
2012 788.75 0.87 %
2011 781.97 3.67 %
2010 754.28 2.52 %
2009 735.73 -2.93 %
2008 757.96 4.16 %
2007 727.69 6.56 %
2006 682.89