Top 20 Economies 2019 (GDP PPP)

GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing a nation's domestic market because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income. (top 10 economies) It is however limited when measuring financial flows between countries and when comparing quality of same goods among countries. PPP is often used to gauge global poverty thresholds and is used by the United Nations in constructing the human development index. (gdp 2019)These surveys such as the International Comparison Program include both tradable and non-tradable goods in an attempt to estimate a representative basket of all goods. (top 10 countries)This video is made by Dr Top 10 and contain Information taken from IMF 2019 Gdp Report and Projections and This video contains the gdp ppp in 2019 of future superpowers like india, china, japan, germany etc and current superpower like US.

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Видео Top 20 Economies 2019 (GDP PPP) канала Dr. Top 10