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

(current international $)

China is being the top country by GDP, PPP (current international $) in the world. As of 2015, GDP, PPP (current international $) in China was 19,814,368 million current international $ that accounts for 17.79 % of the world's GDP, PPP (current international $). The top 5 countries (others are the United States of America, India, Japan, and Germany) account for 49.35 % of it. The world's total GDP, PPP (current international $) was estimated at 111,351,794 million current 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. Data are in current international dollars.