What is PPP GDP of Pakistan?
In 2020, GDP based on PPP for Pakistan was 1,074.14 billion international dollars. GDP based on PPP of Pakistan increased from 376.41 billion international dollars in 2001 to 1,074.14 billion international dollars in 2020 growing at an average annual rate of 5.71%.
Is GDP based on PPP?
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. PPPs can be expressed in the currency of either of the countries.
What is the GDP rate of Pakistan?
Gross Domestic Product (GDP) of Pakistan
| Year | GDP Nominal (Current USD) | GDP change |
|---|---|---|
| 2017 | $304,951,818,494 | 5.70% |
| 2016 | $278,654,637,738 | 5.53% |
| 2015 | $270,556,126,820 | 4.73% |
| 2014 | $244,360,888,751 | 4.67% |
What is Pakistan’s GDP in 2021?
280.00 USD Billion
GDP in Pakistan is expected to reach 280.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Pakistan GDP is projected to trend around 292.00 USD Billion in 2022 and 310.00 USD Billion in 2023, according to our econometric models.
How do you calculate PPP?
You’ll use your gross income—not your net income—to calculate your PPP loan amount. Take your gross income (not to exceed $100,000), divide it by 12, and multiply that number by 2.5 to get your loan amount.
What does GDP PPP mean?
purchasing power parity
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.