America countries

Antigua and Barbuda: GNI, PPP (constant 2011 international $) 0.0 April 23, 2021

Antigua and Barbuda: GNI, PPP (constant 2011 international $)

Name GNI, PPP (constant 2011 international $)
Aggregation method Gap-filled total
Region Карибский регион
Country Antigua and Barbuda

Statistics: GNI, PPP (constant 2011 international $)

Frequency Annual
Date 2011 - 2017
Previous value 1,791,695,103 (2017)
Value 1,791,695,103 (2017)

Definition: GNI, PPP (constant 2011 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 constant 2011 international dollars.

Chart - Antigua and Barbuda: GNI, PPP (constant 2011 international $) (2011 - 2017)

Development relevance: GNI, PPP (constant 2011 international $)

Because development encompasses many factors - economic, environmental, cultural, educational, and institutional - no single measure gives a complete picture. However, the total earnings of the residents of an economy, measured by its gross national income (GNI), is a good measure of its capacity to provide for the well-being of its people.

Limitations and Exceptions: GNI, PPP (constant 2011 international $)


Statistical concept and methodology: GNI, PPP (constant 2011 international $)

Because exchange rates do not always reflect differences in price levels between countries, GNI and GNI per capita estimates are converted into international dollars using purchasing power parity (PPP) rates. PPP rates provide a standard measure allowing comparison of real levels of expenditure between countries, just as conventional price indexes allow comparison of real values over time. PPP rates are calculated by simultaneously comparing the prices of similar goods and services among a large number of countries. In the most recent round of price surveys conducted by the International Comparison Program (ICP) in 2011, 199 economies participated. The PPP conversion factors come from three sources. For 47 high- and upper middle-income countries conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD). For the remaining 2011 ICP countries the PPP estimates are extrapolated from the 2011 ICP benchmark results, which account for relative price changes between each economy and the United States. For countries that did not participate in the 2011 ICP round, the PPP estimates are imputed using a statistical model. More information on the results of the 2011 ICP is available at