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Purchasing power parity (PPP) is a measurement of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currencies. PPP is effectively the ratio of the price of a basket of goods at one location divided by the price of the basket of goods at a different location.
GDP (PPP) means gross domestic product based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP). Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
Country (or Territory)RegionImf [1] [5](estimate)Imf [1] [5](year)————————Paridad del poder adquisitivo (Purchasing Power Parity o PPP) per cápita en el mundo (2009). Paridad del poder adquisitivo del producto interior bruto por país en 2003. La economía de los Estados Unidos se emplea como referencia, y su PPA se define como 100.
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year.
Country/territoryUn RegionImf [5] [6](estimate)Imf [5] [6](year)865202293420221,08820221,3222022Purchasing power parity (PPP) is measured by finding the values (in USD) of a basket of consumer goods that are present in each country (such as pineapple juice, pencils, etc.). If that basket costs $100 in the US and $200 in the United Kingdom, then the purchasing power parity exchange rate is 1:2.
The purchasing power of a unit of currency, say a dollar, in a given year, expressed in dollars of the base year, is 100/ P, where P is the price index in that year. So, by definition, the purchasing power of a dollar decreases as the price level rises.
Definition ofPurchasing power parities (PPP) Purchasing power parities (PPPs) are the rates of currency conversion that try to equalise the purchasing power of different currencies, by eliminating the differences in price levels between countries.
