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United States of America - Gross domestic product based on purchasing-power-parity in current prices

20,494.05 (billion international dollars) in 2018

In 2018, GDP based on PPP for United States of America was 20,494.05 billion international dollars. GDP based on PPP of United States of America increased from 9,630.7 billion international dollars in 1999 to 20,494.05 billion international dollars in 2018 growing at an average annual rate of 4.07 %.

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What is GDP based on PPP?

GDP (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates. 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.

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What is United States of America GDP based on PPP?

Date Value Change, %
2018 20,494.05 5.18 %
2017 19,485.40 4.16 %
2016 18,707.15 2.68 %
2015 18,219.30 3.98 %
2014 17,521.75 4.39 %
2013 16,784.83 3.63 %
2012 16,197.05 4.21 %
2011 15,542.60 3.67 %
2010 14,992.05 3.76 %
2009 14,448.93 -1.79 %
2008 14,712.83 1.81 %
2007 14,451.88

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