RN97
02-13-2017, 09:11 PM
PPP means purchasing power parity. PPP is the best way to use GDP per capita to measure wealth in a country because it is based upon what you can get(goods/ services) for the money you have. http://www.investopedia.com/updates/purchasing-power-parity-ppp/
Purchasing Power Parity (PPP) is an economic theory that compares different countries' currencies through a market "basket of goods" approach. According to this concept, two currencies are in equilibrium or at par when a market basket of goods (taking into account the exchange rate) is priced the same in both countries.
Obviously some of these numbers are estimates.
http://i.imgur.com/LpZwiTV.png
Source:
https://www.imf.org/external/pubs/ft/weo/2016/02/weodata/weorept.aspx?sy=2016&ey=2017&scsm=1&ssd=1&sort=country&ds=%2C&br=1&pr1.x=34&pr1.y=17&c=914%2C946%2C137%2C962%2C122%2C913%2C124%2C921%2C 943%2C963%2C918%2C138%2C142%2C964%2C182%2C960%2C42 3%2C968%2C935%2C922%2C128%2C942%2C939%2C936%2C961% 2C172%2C132%2C184%2C134%2C174%2C144%2C146%2C944%2C 176%2C178%2C136%2C926%2C112%2C967%2C941&s=PPPPC&grp=0&a=#download
Purchasing Power Parity (PPP) is an economic theory that compares different countries' currencies through a market "basket of goods" approach. According to this concept, two currencies are in equilibrium or at par when a market basket of goods (taking into account the exchange rate) is priced the same in both countries.
Obviously some of these numbers are estimates.
http://i.imgur.com/LpZwiTV.png
Source:
https://www.imf.org/external/pubs/ft/weo/2016/02/weodata/weorept.aspx?sy=2016&ey=2017&scsm=1&ssd=1&sort=country&ds=%2C&br=1&pr1.x=34&pr1.y=17&c=914%2C946%2C137%2C962%2C122%2C913%2C124%2C921%2C 943%2C963%2C918%2C138%2C142%2C964%2C182%2C960%2C42 3%2C968%2C935%2C922%2C128%2C942%2C939%2C936%2C961% 2C172%2C132%2C184%2C134%2C174%2C144%2C146%2C944%2C 176%2C178%2C136%2C926%2C112%2C967%2C941&s=PPPPC&grp=0&a=#download