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

912.82
(billion international dollars)
in 2017

GDP based on PPP of Argentina increased from 418.86 billion international dollars in 1997 to 874.07 billion international dollars in 2016 growing at an average annual rate of 4.15 %.

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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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Date Value Change, %
2017 912.82 4.43 %
2016 874.07 -1.01 %
2015 883.02 3.75 %
2014 851.09 -0.77 %
2013 857.67 4.06 %
2012 824.21 0.80 %
2011 817.70 8.19 %
2010 755.78 11.47 %
2009 678.01 -5.20 %
2008 715.23 6.10 %
2007 674.12 11.91 %
2006 602.39