Data Dictionary: | World Development Indicators 2010 |
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Data Source: | Social Explorer; The World Bank |
Data set: Social Explorer Tables (SE)
Table: | T12. Gross National Income - GNI, Purchasing Power Parity [1] |
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Table Details
T12. | Gross National Income - GNI, Purchasing Power Parity | ||||
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Relevant Documentation:
Excerpt from: | Social Explorer; World Development Indicators 2013: Technical Documentation |
World development Indicators: Technical Documentation -> Variable Descriptions -> GNI Purchasing Power Parity, PPP (Current International $) |
PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. 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).