Congo, Republic of CG: GNI: PPP

Congo, Republic of CG: GNI: PPP data was reported at 42,421.079 Intl $ mn in 2024. This records an increase from the previous number of 40,213.407 Intl $ mn for 2023. Congo, Republic of CG: GNI: PPP data is updated yearly, averaging 14,170.790 Intl $ mn from Dec 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 42,421.079 Intl $ mn in 2024 and a record low of 5,814.676 Intl $ mn in 1995. Congo, Republic of CG: GNI: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Congo, Republic of – Table CG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. This indicator provides values for gross national income (GNI) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.;International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/all_themes, publisher: Eurostat; The OECD PPP Programme, Organisation for Economic Co-operation and Development (OECD), uri: https://data-explorer.oecd.org/, publisher: OECD; Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);Gap-filled total;

View Congo's Congo, Republic of CG: GNI: PPP from 1990 to 2023 in the chart:

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

What was Congo's Congo, Republic of CG: GNI: PPP in 2023?

Related Indicators for Congo, Republic of CG: GNI: PPP

Congo Key Series

More Indicators for Congo