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Gross domestic product per capita based on purchasing-power-parity in constant prices of 2011

(international dollars)

In 2017, real GDP per capita based on PPP in Gambia was 1,544 international dollars. In the ranking by real GDP per capita based on PPP including 185 countries, Gambia has the 158th rank that is close to the positions of such countries as the United Republic of Tanzania and the Togo. Compared to Nicaragua which at the top of the ranking with real GDP per capita based on PPP of 5,321 international dollars in 2017, Gambia has 70.98 % percent lower real GDP per capita based on PPP.

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What is real GDP per capita based on PPP?

GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.