Syrian Arab Republic: GDP, PPP (current international $)
In , Syrian Arab Republic's GDP, PPP (current international $) was $107.20 billion.
That's up 7.9% from 2021, the highest value on record.
The global average for this indicator in 2022 was $1.04 trillion .
Source: World Bank Open Data (NY.GDP.MKTP.PP.CD) • Data as of 2022
Trend (2017–2022)
- 2020 · COVID-19 pandemic
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- $107.20B
- Trough
- $62.77B
- 1-year change
- +7.9%
- 5-year change
- +70.8%
- +11.3% / yr
Historical Data — Last 10 Years
| Year | GDP, PPP (current international $) |
|---|---|
| 107.200B | |
| 99.338B | |
| 78.676B | |
| 71.282B | |
| 67.659B | |
| 62.770B |
About GDP, PPP (current international $)
This indicator provides values for gross domestic product (GDP) 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 domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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.
Indicator code: NY.GDP.MKTP.PP.CD • Category: Economy
Frequently asked questions
- What was Syrian Arab Republic's GDP, PPP (current international $) in 2022?
- In 2022, Syrian Arab Republic's GDP, PPP (current international $) was $107.20 billion, according to World Bank Open Data.
- Is Syrian Arab Republic's GDP, PPP (current international $) rising or falling?
- Syrian Arab Republic's GDP, PPP (current international $) rose 7.9% from 2021 to 2022.
- How does Syrian Arab Republic's GDP, PPP (current international $) compare to the world average?
- The global average for GDP, PPP (current international $) in 2022 was $1.04 trillion, so Syrian Arab Republic is below the world average.
- What is GDP, PPP (current international $) and how is it measured?
- This indicator provides values for gross domestic product (GDP) 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 domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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.
Source: World Bank Open Data (NY.GDP.MKTP.PP.CD), CC BY 4.0.