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National Accounts » Gross Domestic Product - GDP, PPP (constant 2011 international $)

(constant 2011 international $)

China is being the top country by GDP, PPP (constant international $) in the world. As of 2015, GDP, PPP (constant international $) in China was 18,609,766 million constant 2011 international $ that accounts for 17.72 % of the world's GDP, PPP (constant international $). The top 5 countries (others are the United States of America, India, Japan, and Germany) account for 48.98 % of it. The world's total GDP, PPP (constant international $) was estimated at 105,040,912 million constant 2011 international $ in 2015.

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 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.