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In 2018, GNI based on PPP for Singapore was 532,874 million international dollars. GNI based on PPP of Singapore increased from 152,241 million international dollars in 1999 to 532,874 million international dollars in 2018 growing at an average annual rate of 6.94 %.The description is composed by our digital data assistant.
PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.