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

571,494,341,065 (international dollars) in 2018

In 2018, GDP based on PPP for Singapore was 571,494 million international dollars. Over the last 20 years, GDP based on PPP of Singapore grew substantially from 150,536 million to 571,494 million international dollars rising at an increasing annual rate that reached a maximum of 15.86 % in 2010 and then decreased to 5.47 % in 2018.

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What is GDP based on PPP?

PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.

What is Singapore GDP based on PPP?

Date Value Change, %
2018 571,494,341,065 5.47 %
2017 541,877,633,642 5.67 %
2016 512,797,484,517 4.09 %
2015 492,656,473,558 3.99 %
2014 473,741,074,540 5.87 %
2013 447,490,143,179 6.65 %
2012 419,570,020,745 6.45 %
2011 394,138,265,073 8.48 %
2010 363,321,400,937 15.86 %
2009 313,586,144,831 0.88 %
2008 310,837,482,736 3.85 %
2007 299,314,810,362

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