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Trinidad and Tobago - Gross domestic product per capita based on purchasing-power-parity in current prices

32,254 (international dollars) in 2018

In 2018, GDP per capita based on PPP for Trinidad and Tobago was 32,254 international dollars. GDP per capita based on PPP of Trinidad and Tobago increased from 13,905 international dollars in 1999 to 32,254 international dollars in 2018 growing at an average annual rate of 4.68 %.

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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 Trinidad and Tobago GDP per capita based on PPP?

Date Value Change, %
2018 32,254 2.12 %
2017 31,585 -0.47 %
2016 31,735 -5.82 %
2015 33,695 2.58 %
2014 32,846 0.15 %
2013 32,796 3.55 %
2012 31,671 0.71 %
2011 31,447 1.38 %
2010 31,018 4.16 %
2009 29,781 -4.55 %
2008 31,201 4.81 %
2007 29,770

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