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

38,381 (international dollars) in 2017

In 2017, GDP per capita based on PPP for Spain was 38,381 international dollars. GDP per capita based on PPP of Spain increased from 21,449 international dollars in 1998 to 38,381 international dollars in 2017 growing at an average annual rate of 3.14 %.

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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 Spain GDP per capita based on PPP?

Date Value Change, %
2017 38,381 5.09 %
2016 36,523 4.33 %
2015 35,009 4.85 %
2014 33,388 3.61 %
2013 32,226 0.39 %
2012 32,101 -1.13 %
2011 32,468 0.69 %
2010 32,244 0.76 %
2009 32,002 -3.64 %
2008 33,212 1.41 %
2007 32,751 4.49 %
2006 31,342