Australia GDP: PPP: 2011 Price

Australia GDP: PPP: 2011 Price data was reported at 1,134,097.601 Intl $ mn in 2018. This records an increase from the previous number of 1,101,703.833 Intl $ mn for 2017. Australia GDP: PPP: 2011 Price data is updated yearly, averaging 770,081.992 Intl $ mn from Dec 1990 (Median) to 2018, with 29 observations. The data reached an all-time high of 1,134,097.601 Intl $ mn in 2018 and a record low of 487,296.949 Intl $ mn in 1991. Australia GDP: PPP: 2011 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. 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 constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Gap-filled total;

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