WebChina - Gross domestic product based on purchasing-power-parity in current prices. In 2024, GDP based on PPP for China was 27,206.09 billion international dollars. GDP based on PPP of China increased from 4,489.11 billion international dollars in 2002 to 27,206.09 billion international dollars in 2024 growing at an average annual rate of 10.02%. WebApr 9, 2024 · PPP stands for Purchasing Power Parity, and is a method used to compare the economic output of countries by taking into account the different prices of goods and services in each country.
GDP - Purchasing Power Parity - China - Mecometer
Web1 China 27,312,548 2 United States 22,996,100 3 India 10,193,555 4 Japan 5,396,819 ... PPP is purchasing power parity; an international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. PPP figures are extrapolated from 2024 benchmark estimates by the International WebPurchasing power parities (PPPs) are the rates of currency conversion that try to equalise the purchasing power of different currencies, by eliminating the differences in price levels between countries. The basket of goods and services priced is a sample of all those that are part of final expenditures: final consumption of households and ... dev joshi education
Purchasing Power Parity (PPP) - What Is It, Theory, Calculations
WebNov 11, 2024 · China is estimated to be the largest consumer economy today as … WebChina: GDP per capita, Purchasing Power Parity: For that indicator, we provide data for … Web232 rows · A country's gross domestic product (GDP) at purchasing power parity (PPP) … churchill heights public school scarborough