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GDP (purchasing power parity) compares the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. 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.
GDP (PPP) by country in 2022 according to the IMF. GDP (PPP) means gross domestic product based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or ...
Country (or Territory)Un RegionImf [1] [5](forecast)Imf [1] [5](year)————————People also ask
What is GDP (PPP) based on purchasing power parity?
How are countries sorted by GDP (PPP) forecast estimates?
Which country has the highest GDP based on PPP?
What is the global GDP based on PPP?
May 30, 2018 · It matches the size of U.S. state economies, based on nominal GDP numbers, with comparable countries around the world. For example, the state of Texas ($1.7 trillion) is roughly the equivalent of Canada ($1.65 trillion), while Maine ($61.4 billion) is closer to Panama ($61.8 billion) in terms of economic output.
As of 2021, GDP based on PPP in China was 27,206.09 billion international dollars that accounts for 18.59% of the world's GDP based on PPP. The top 5 countries (others are the United States of America, India, Japan, and Germany) account for 48.44% of it.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
From Wikipedia, the free encyclopedia. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
Country Comparisons. Real GDP (purchasing power parity) GDP (purchasing power parity) compares the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year.