What Is Purchasing Power Parity? In academic terms, purchasing power parity is the rate of currency conversion which must occur between two economies to equalize the cost of a basket of goods between ...

The PPP metric compares goods prices across countries to show the exchange rate at which currencies buy the same basket of goods.(Currency) Global professional services firm, Ernst & Young (EY), ...

GDP PPP of any country reflects the overall purchasing power and cost of living, offering a clearer picture of a nation's economic reality. And when it comes to Asia, everyone knows how its economy is ...

The IMF has new purchasing power parity forecasts out to 2016 and new nominal GDP forecasts out to 2016. The IMF does not seem to make any attempt to have accurate currency forecasts for its nominal ...

The China version 2 Penn World Table 7.1 lists a 3.37 conversion yuan to USD as the correct purchasing power parity conversion factor. China ended 2012 with 51.9 trillion yuan GDP, which is 15.4 ...

At my other weblog I looked at some of the data on the international data on religion. There are two positions in regards to religious trends which always crop up. * That in the medium-to-long term ...

How fast is the global economy growing? Is China contributing more to global growth than the United States? Is the average person richer in Canada or in Switzerland? These types of questions are of ...

GDP (PPP) measures the total economic output of a country, adjusted for cost of living and purchasing power, to allow fair comparisons between nations. According to the World Bank, the GDP (PPP) of ...

MINSK, 31 December (BelTA) – Belarus' GDP per capita is third in the Commonwealth of Independent States in terms of the purchasing power parity (PPP), representatives of the National Statistics ...