In 2021, global output in purchasing power parity (PPP) terms was $152.4 trillion ... Figure 1 shows the distribution of PPP-based global output by geographic region and World Bank’s Fiscal Year 2023 ...

China’s GDP reaches $35.29 trillion in 2025 PPP terms, outpacing the US and EU, according to Elon Musk’s xAI model Grok.

Pros and Cons of Purchasing Power Parity While PPP is a useful tool for comparing economic conditions across countries, it ...

Attacking the Modi government citing a World Bank report, the Congress on Sunday claimed that sharpening inequality is now firmly embedded in the nature of the country’s economic growth, and called ...

Using the $3.65 per day poverty line for lower- and middle-income countries (LMIC), poverty fell from 61.8 per cent to 28.1 ...

Purchasing Power Parity (PPP)! 💰 And let’s talk about ... PPP is commonly utilised by institutions such as the IMF and World Bank for cross-country comparisons of actual living standards ...