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Historical Values
Year Value
1998 In the Economy section, GDP dollar estimates for all countries are derived from purchasing power parity (PPP) calculations rather than from conversions at official currency exchange rates. The PPP method involves the use of standardized international dollar price weights, which are applied to the quantities of final goods and services produced in a given economy. The data derived from the PPP method provide a better comparison of economic well-being between countries. The division of a GDP estim