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In this article, we list and discuss the 30 Countries With The Highest Purchasing Power Parity in the World. If you would like to skip our detailed discussion of the topic, you can go directly to ...
The IMF predictions for nominal GDP and PPP were inaccurate in the early 2000s, because of adjustments that shifted purchasing power parity and currency fluctuations. Currency is still fluctuating as ...
The US GDP was about 15.8 trillion USD at the end of 2012. Now 3 months into 2013, China-Hong Kong-Macau has passed the USA in PPP GDP using Penn World Tables 7.1. Other economists and academics have ...
Adjusting for PPP allows us to make a more accurate “apples to apples” comparison of GDP per capita among countries around the world by adjusting for the differences in prices in each country.
India's GDP is projected to reach $4.3 trillion by the end of 2025 in nominal terms, putting it on track to surpass Japan and become the world’s fourth-largest economy by the third quarter of FY25.
Conclusion India's digital economy is a key driver of its PPP-based GDP growth, facilitating enhanced productivity, financial inclusion, and global competitiveness.