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Country vs country: Israel and United States compared: Economy > Purchasing power parity stats

Definitions

  • GDP > PPP > Constant 2005 international $: 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 constant 2005 international dollars.
  • GDP > PPP > Current international $: 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.
  • GDP per capita > PPP > Current international $: GDP per capita based on purchasing power parity (PPP). 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 at purchaser's prices 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.
  • GNI > PPP > Current international $: PPP GNI (formerly PPP GNP) is gross national income 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 (GNI) 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.
  • GNI per capita > PPP > Current international $: GNI per capita based on purchasing power parity (PPP). PPP GNI 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. GNI 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.
  • Gross domestic product per capita > PPP: GDP per capita based on purchasing power parity (PPP). 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 at purchaser's prices 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 constant 2005 international dollars.
  • Household final > Consumption expenditure > PPP > Constant 2005 international $: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2005 international dollars using purchasing power parity rates."
  • Household final > Consumption expenditure > PPP > Current international $: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates."
  • PPP conversion factor > GDP > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP.
  • PPP conversion factor > GDP to market exchange rate ratio: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States."
  • PPP conversion factor > Private > Consumption > LCU per international $: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure)."
STAT Israel United States HISTORY
GDP > PPP > Constant 2005 international $ $189.57 billion
Ranked 47th.
$12.82 trillion
Ranked 2nd. 68 times more than Israel

GDP > PPP > Current international $ $206.58 billion
Ranked 47th.
$14.12 trillion
Ranked 2nd. 68 times more than Israel

GDP per capita > PPP > Current international $ $27,759.18
Ranked 28th.
$45,989.18
Ranked 6th. 66% more than Israel

GNI > PPP > Current international $ $201.73 billion
Ranked 46th.
$14.01 trillion
Ranked 2nd. 69 times more than Israel

GNI per capita > PPP > Current international $ $27,110.00
Ranked 25th.
$45,640.00
Ranked 5th. 68% more than Israel

Gross domestic product per capita > PPP 25,473.95
Ranked 27th.
41,761.08
Ranked 6th. 64% more than Israel

Household final > Consumption expenditure > PPP > Constant 2005 international $ $94.05 billion
Ranked 43th.
$9.16 trillion
Ranked 1st. 97 times more than Israel

Household final > Consumption expenditure > PPP > Current international $ $99.14 billion
Ranked 42nd.
$10.00 trillion
Ranked 1st. 101 times more than Israel

PPP conversion factor > GDP > LCU per international $ $3.72
Ranked 96th. 4 times more than United States
$1.00
Ranked 130th.

PPP conversion factor > GDP to market exchange rate ratio 0.95
Ranked 24th.
1
Ranked 20th. 5% more than Israel

PPP conversion factor > Private > Consumption > LCU per international $ $4.42
Ranked 87th. 4 times more than United States
$1.00
Ranked 124th.

SOURCES: World Bank, International Comparison Program database.

Citation

"Economy > Purchasing power parity: Israel and United States compared", NationMaster. Retrieved from http://www.nationmaster.com/country-info/compare/Israel/United-States/Economy/Purchasing-power-parity