Economy
GDP (PPP) — Purchasing Power Parity
Definition
GDP adjusted for price differences between countries, allowing a fairer comparison of real economic output and living standards.
Explanation
A dollar buys more in India than in Switzerland. PPP adjusts for these price differences using a "basket of goods" comparison. By PPP, China's economy is larger than the United States'. GDP per capita PPP is considered the best single measure for comparing living standards across countries.
See Current Data
Explore gdp (ppp) — purchasing power parity data for all 218 countries with interactive charts and historical trends.
View GDP (PPP) — Purchasing Power Parity Rankings →