Re:What being filthy rich in China looked like in 1, 1000, a...
by Retric on Wednesday October 25, 2023 @07:37AM
(#38011708)
There’s a lot of different measurements of that are useful on different contexts.
PPP is the same adjustment as listing historic GDP in constant dollars. If you want to living standards you might want:
Per capita GDP (nominal), Per capita GDP in constant dollars, Nominal per capita GDP PPP (nominal), Per capita GDP PPP in constant dollars.
Per capital GDP PPP in constant dollars is the most useful for living standards but nominal numbers are more appropriate when looking at debt loads etc etc.
PPP is the same adjustment as listing historic GDP in constant dollars. If you want to living standards you might want:
Per capita GDP (nominal), Per capita GDP in constant dollars, Nominal per capita GDP PPP (nominal), Per capita GDP PPP in constant dollars.
Per capital GDP PPP in constant dollars is the most useful for living standards but nominal numbers are more appropriate when looking at debt loads etc etc.