27, Jan 2020, EST.

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Country or Region: Western Hemisphere (Latin America and the Caribbean) › Change country
Economic Indicator: GDP Share of World Total (PPP) › See all Western Hemisphere indicators, › See GDP Share of World Total (PPP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Western Hemisphere in year 2015 is 8.342 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

This makes Western Hemisphere n/a in world rankings according to GDP Share of World Total (PPP) in year 2015. The world's average GDP Share of World Total (PPP) value is 1.58 %; Western Hemisphere is 6.76 more than the average.

In the previous year, 2014, GDP Share of World Total (PPP) for Western Hemisphere was 8.61 % GDP Share of World Total (PPP) for Western Hemisphere in 2015 was or will be 3.08% less than it was or will be in 2014.

In the following or forecasted year, 2016, GDP Share of World Total (PPP) for Western Hemisphere was or will be 8.04 %, which is 3.57% less than the 2015 figure.