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Zimbabwe - Gross domestic product based on purchasing-power-parity in current prices

42.58 (billion international dollars) in 2018

In 2018, GDP based on PPP for Zimbabwe was 42.58 billion international dollars. GDP based on PPP of Zimbabwe increased from 29.73 billion international dollars in 1999 to 42.58 billion international dollars in 2018 growing at an average annual rate of 2.34%.

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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.

What is Zimbabwe GDP based on PPP?

Date Value Change, %
2018 42.58 6.02 %
2017 40.17 6.68 %
2016 37.65 1.78 %
2015 36.99 2.85 %
2014 35.97 4.28 %
2013 34.49 3.76 %
2012 33.24 18.90 %
2011 27.96 16.58 %
2010 23.98 21.08 %
2009 19.81 8.21 %
2008 18.30 -14.70 %
2007 21.46

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