What is gdp ppp

The description is composed by our digital data assistant. Lucia 7, 9, 10, 13, 13, 13, 14, 14, 13, 14, 15, 15, 16, 13, Armenia 2, 5, 7, 7, 9, 9, 9, 9, 10, 11, 12, 14, 13, Sri Lanka 2, 4, 5, 8, 9, 10, 10, 11, 11, 12, 12, 13, 13, 13, Ukraine 4, 6, 8, 8, 9, 10, 10, 10, 11, 11, 12, 13, 13, Islamic Republic of Iran 7, 10, 13, 17, 17, 15, 15, 15, 13, 13, 14, 13, 12, 13, Paraguay 5, 6, 7, 9, 10, 9, 11, 11, 11, 11, 12, 12, 13, 12, Moldova 3, 4, 6, 6, 7, 8, 8, 9, 10, 11, 12, 13, 12, Egypt 4, 6, 7, 10, 10, 11, 11, 11, 11, 11, 11, 11, 12, 12, St.

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Click here to contact us. Please Paste this Code in your Website. Vietnam Manufacturing Grows for 1st Time in 5 Months. FDI into Vietnam Falls 4. Vietnam Inflation Rate at 7-Month Low of 1. Vietnam Retail Sales Shrink for 5th Month.

Personal Finance. Your Practice. Popular Courses. Economics Macroeconomics. Table of Contents Expand. Calculating Purchasing Power Parity. Comparing Nations' PPP. Drawbacks of PPP. The Bottom Line.

Key Takeaways Purchasing power parity PPP is a popular metric used by macroeconomic analysts that compares different countries' currencies through a "basket of goods" approach. Purchasing power parity PPP allows for economists to compare economic productivity and standards of living between countries. Article Sources.

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You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Out of 11 economies with a ppp to a nominal ratio of less than one i.

Remaining five are small economies ranked below Among the top 20 richest, none have a ppp to nominal ratio above 2. Home World India. Economy World Country India. Demographics World Country India. Politics India. Geography World India.