Kiribati KI: GDP: PPP

Kiribati KI: GDP: PPP data was reported at 253.165 Intl $ mn in 2017. This records an increase from the previous number of 241.206 Intl $ mn for 2016. Kiribati KI: GDP: PPP data is updated yearly, averaging 149.164 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 253.165 Intl $ mn in 2017 and a record low of 91.785 Intl $ mn in 1990. Kiribati KI: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kiribati – Table KI.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 current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

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