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...
Description:The map below shows how GDP per capita, 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 Luxembourg, with a va...
ActualPreviousHighestLowestDatesUnitFrequency 4212.954256.416272.3647.421960 - 2023USD BillionYearly Current USD CompareGDP by Country Related Japanese Yen Holds Decline Amid Weak Data Japanese Shares Decline Amid Weak Economic Data Japan Imports Rise the Most in 2 Years ...
The two most common methods to convert GDP into a common currency are nominal and purchasing power parity (PPP). Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region and to make international comparisons. It is the original concept of GDP. ...
2023. This number is 177% of the nominal, the all-time highest PPP to nominal ratio since 1990.PPP to nominalratio was the all-time lowest of 1.21 in 1995. However, this ratio has increased due to the highergrowth rateof developing economies, which have generally higher GDP in PPP terms...
dollars GDP per capita, PPP 22,138 2023 U.S. dollars GDP per capita, constant dollars 12,174.00 2023 U.S. dollars Economic growth, quarterly 4.60 Q3/2024 percent Economic growth Q-on-Q 0.90 Q3/2024 percent Gross Domestic Product (GDP) 33,290.98 Q3/2024 billion...
What is the difference between GDP and GDP PPP and how is it calculated? When measuring economic activity, fully explain the differences between GDP and GDP in PPP terms. How is the GDP/national income computed by using value added method? Explain...
What is a more useful measure to judge a nation's economy: GDP (nominal) or GDP (PPP) and why? Economic Indicators Economic Indicators are used to measure the economic performance of a country. Some of the economic indicators are the Consumer Price Index (CPI), ...
GDP per Capita PPP Gross Fixed Capital Formation Gross National ProductLabour Prices Money Trade Government Business Consumer Housing Taxes Climate More Indicators National Statistics World BankTRADING ECONOMICS Subscriptions We have a plan for your needs. Standard users can export data in a easy to...
All figures are in international dollars and are adjusted based on purchasing power parity (PPP). Understanding the Difference: GDP vs. GDP per Capita GDP measures the total economic output of a country or region, while GDP per capita divides that output by the population, indicating the average...