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Purchasing Power Parity (PPP) is a monetary conversion rate used to enable country-to-country comparisons of economic indicators including Gross Domestic Product (GDP), Gross National Income (GNI), GDP per capita, and GNI per capita.
A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.
Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates. The data given on this page are based on the international dollar, a standardized unit used by economists.
PPP is purchasing power parity; an international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. PPP figures are extrapolated in WDI from 2021 benchmark results by the International Comparison Program (ICP), unless otherwise footnoted. For OECD and Eurostat countries, PPP
A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States in the year noted. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries.
84. Nigeria. 8.4. Showing 1 to 84 of 84 entries. Quality of Life Index Index By Country 2023 United States China United Kingdom Russia Germany France Japan Italy Canada 0 50 100 150 200. City. Quality of Life Index. United States. 172.73.
Results from the International Comparison Program (ICP) 2021 cycle include data for the reference year 2021, revised data for the reference year 2017, purchasing power parity (PPP) time series for 2018 to 2020, and extrapolated GDP PPPs for 2022 and 2023.
A worldwide statistical initiative to collect comparative price data and detailed GDP expenditures to produce purchasing power parities (PPPs) for the world’s economies.
PPP is purchasing power parity; an international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. PPP figures are extrapolated from 2017 benchmark estimates by the International Comparison Program (ICP), unless otherwise footnoted.
Global Firepower tracks the Purchasing Power Parity (abbreviated as PPP) of each GFP participant. PPP serves as an economic adjustor to satisfy exchange rates between countries in relation to exhange of similar goods.