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A comment on Treemap of World GDP by Purchasing Power Parity (PPP) 2020.

Re:Treemap of World GDP by Purchasing Power Parity (PPP) 2020 by ZiiS on Thursday March 28, 2024 @05:58AM (#39849301)
Purchasing power only makes sense on a per-capita level; it measures on average what you can by with the sorts of money you can carry. The price will not be the same if the entire country's GDP tried to buy the same goods.
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Re:Treemap of World GDP by Purchasing Power Parity (PPP) 2020 by triblemaster on Thursday March 28, 2024 @06:08AM (#39849366)
It can also reflect the dynamical nature of the economy in commodities-related industries. A country with higher total purchasing power has higher ability to start and finish projects in low-tech industries like home construction, furniture manufacture and so on.
[ Parent | on HN ]