Malaysia GDP per capita PPP

The GDP per capita PPP given on this page shows PPP GDP at purchaser's prices divided by midyear population. Purchasing Power Parity GDP is gross domestic product converted to international dollars using purchasing power parity rates. Using a PPP basis is more useful when comparing generalized differences in living standards between nations because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using just exchange rates which may distort the real differences in income.

The Gross Domestic Product per capita in Malaysia was last recorded at 15588.66 US dollars in 2011, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Malaysia, when adjusted by Purchasing Power Parity is equivalent to 71 percent of the world's average. GDP per capita PPP in Malaysia is reported by the World Bank. Historically, from 1980 until 2011, Malaysia GDP per capita PPP averaged 7690.8 USD reaching an all time high of 15588.7 USD in December of 2011 and a record low of 2323.7 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Malaysia GDP per capita PPP.

sources : http://www.tradingeconomics.com/malaysia/gdp-per-capita-ppp