Quelle: Daten der Weltbank, Visualisierung mit Python
Von lsz500
Quelle: Daten der Weltbank, Visualisierung mit Python
Von lsz500
9 Kommentare
The ‚western‘ world is losing its advantage. The bigger population is catching up due to globalisation.
What does PPP have to do with economy size? What is this cope? 😂😂😂
Interesting how China has shot up in PPP despite having a nominal GDP barely over 60% of the US. I would assume lower wages and poorer rural areas contribute to lower prices. I think World Bank measures includes Taiwan as part of China which inflate it a bit, but not significantly.
why on earth do you rank gdp by ppp
Lmao PPP is utterly useless for comparing the sizes of economies. The US as it stands is at 26.3% of world GDP while China is at 16.9%. The US has increased it’s share by about 5% in the last 15 years, and while China has increased much more during the same timeframe, it’s actually down 2% since 2021, during which period the US increased roughly 2%.
u know PPP is a whole load of crap, only with per capita does it have a small meaning, as it reflects the living conditions, but PPP is often measured quite dubiously (often only urban settings…)
China with their inhabitied cities that gets build, gets destroyed, gets build again because they cannot invest in anything outside china. Thats how they build „GDP growth“
Lotta commenters in here seem to have a *very* strong opinion on Purchasing Power Parity despite not understanding what it means.
There is a good reason why economists do not use PPP to make international comparisons. Who believes that India’s economy is 70% as large as that of the EU?