Australia vs Central Europe and the Baltics: GNI, PPP
GNI, PPP over time
- Australia
- Central Europe and the Baltics
How they compare
Central Europe and the Baltics currently reports 4.19 trillion constant 2021 international $ against 1.61 trillion constant 2021 international $ in Australia, a difference of 2.58 trillion constant 2021 international $.
That makes Central Europe and the Baltics's figure about 2.6 times Australia's.
Across all 30 years both countries report, Central Europe and the Baltics has been ahead every year.
Australia ranks 18th and Central Europe and the Baltics ranks 21st of 159 countries.
Central Europe and the Baltics has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Central Europe and the Baltics | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 643.55 billion constant 2021 international $ | 1.76 trillion constant 2021 international $ | 1.11 trillion constant 2021 international $ | Central Europe and the Baltics |
| 2000s | 884.18 billion constant 2021 international $ | 2.33 trillion constant 2021 international $ | 1.44 trillion constant 2021 international $ | Central Europe and the Baltics |
| 2010s | 1.24 trillion constant 2021 international $ | 3.14 trillion constant 2021 international $ | 1.89 trillion constant 2021 international $ | Central Europe and the Baltics |
| 2020s | 1.52 trillion constant 2021 international $ | 3.96 trillion constant 2021 international $ | 2.44 trillion constant 2021 international $ | Central Europe and the Baltics |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gni, ppp, Australia or Central Europe and the Baltics?
- Central Europe and the Baltics, at 4.19 trillion constant 2021 international $ against 1.61 trillion constant 2021 international $ in Australia as of 2024.
- What is the difference in gni, ppp between Australia and Central Europe and the Baltics?
- 2.58 trillion constant 2021 international $, with Central Europe and the Baltics ahead.
- How many years of comparable data are there for Australia and Central Europe and the Baltics?
- 30 years are reported by both, from 1995 to 2024.
- How do Australia and Central Europe and the Baltics rank globally for gni, ppp?
- Australia ranks 18th and Central Europe and the Baltics ranks 21st of 159 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GNI, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for gross national income (GNI) expressed in constant 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 national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. 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.