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

27,893 (international dollars) in 2017

In 2017, GDP per capita based on PPP for Russian Federation was 27,893 international dollars. GDP per capita based on PPP of Russian Federation increased from 9,177 international dollars in 1998 to 27,893 international dollars in 2017 growing at an average annual rate of 6.14 %.

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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 Russian Federation GDP per capita based on PPP?

Date Value Change, %
2017 27,893 3.46 %
2016 26,960 0.84 %
2015 26,736 -1.54 %
2014 27,156 2.49 %
2013 26,497 3.46 %
2012 25,611 5.57 %
2011 24,259 7.18 %
2010 22,634 5.68 %
2009 21,418 -7.12 %
2008 23,061 7.34 %
2007 21,483 11.59 %
2006 19,253