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

13,573 (international dollars) in 2017

In 2017, GDP per capita based on PPP for South Africa was 13,573 international dollars. GDP per capita based on PPP of South Africa increased from 7,204 international dollars in 1998 to 13,573 international dollars in 2017 growing at an average annual rate of 3.42 %.

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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 South Africa GDP per capita based on PPP?

Date Value Change, %
2017 13,573 1.60 %
2016 13,360 0.07 %
2015 13,350 0.80 %
2014 13,244 2.22 %
2013 12,957 2.75 %
2012 12,610 2.68 %
2011 12,281 3.96 %
2010 11,813 2.81 %
2009 11,490 -2.12 %
2008 11,739 3.82 %
2007 11,307 6.81 %
2006 10,586