Brazil’s economy is the 11th largest in the world with an estimated worth of natural resources being$21.8 trillion. This is one of the main reasons Brazil is one of the top countries by GDP in 2024. The country’s diverse and open economy has developed flourishing trade relationships with ...
Description:The map below shows how GDP, PPP (current international $) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is China, with a value of 24,283...
China’s Economy Slows: A property market rout could hurt domestic growth and consumer confidence, leading to declining consumption across the country. Accounting for nearly 19% of global GDP (PPP) in 2023, a slowing Chinese economy could impact countries that rely on trade with China. While th...
See Also: » World GDP Ranking » Countries by GDP (PPP) » Countries by GDP Growth » Countries by projected GDP » Countries by GDP (nominal) per capita View More Economy StatisticsGDP is the total market value of all final goods and services produced in a country in a given...
As of 2024, Luxembourg would stay at the top of the GDP per capita ranking in nominal and PPP terms. Luxembourg would remain in the top spot of the nominal ranking for the next few years, as it is ahead of 2nd-ranked occupier Switzerland by a huge margin of $29,224. Regarding ppp ...
Below, we can see both the nominal and PPP-adjusted GDP of each G7 and BRICS country in 2023. Nominal GDP is measured in USD with market-rate currency conversion, while the adjusted GDP uses international dollars (using the U.S. as a base country for calculations) which better account fo...
事实上,一个国家的PPP与GDP的比率是由许多原因决定的,但最重要的有两个原因。 1. Degree of economic globalization 经济全球化程度 When a country's consumption is dominated by internalcirculation, there will be a huge difference in the purchasing power of its currency domestically and abroad. ...
Published by Aaron O'Neill, Jul 4, 2024 In 2023, the United States accounted for 15.56 percent of global gross domestic product (GDP) after adjusting for purchasing power parity (PPP). This share was expected to decrease to 14.72 percent by 2029, which is roughly a seventh of the global...
GDP per capita, PPP (current international $) - Country Ranking Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over ...
Turkiye GDP is estimated to be $4.103 trillion dollars by World Economics for 2025. The official estimate for Turkiye's GDP published by the World Bank was $2.951 trillion at the end of 2023 inpuchasing power partityterms. World Economics has developed a database presenting GDP inPurchasing Po...