09-24-2018, 04:39 PM
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Too lazy to set a custom title
Industry Role:
Join Date: Dec 2011
Posts: 26,732
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Quote:
Originally Posted by ilnjscb
Sarn my dear friend this is Purchasing Power Parity not actual GDP; use nominal GDP for that here: List of countries by GDP
PPP measures goods at the US price which they do not sell for to account for magnitude of production. Thus a bar of soap that sells for 10 Yuan in china and $2.49 in US are counted the same at $2.49.
Actuals 2017
1 United States 19,390,604
2 European Union[23] 17,277,698
3 China 12,237,700 |
Soap is soap...
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