Ever wonder why a McDonald’s burger costs much more in the US than in India? Of course, because people earn higher incomes on average in the US. But the technical term for this is purchasing power ...
India's digital economy has been rapidly evolving, driven by increasing internet penetration, government initiatives like Digital India, and the rise of digital payment systems. As a result, the ...
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The Third Economy~II
A comparison of the two sets of figures published yesterday reveals interesting features. While the USA is ahead of China in Nominal GDP, in terms of PPP, China has already outstripped the USA by a ...
France had a GDP growth of 2.6% in 2022. The size of its economy in PPP terms was measured at $3.70 trillion. This year the economy is likely to slow down and be subdued to a rise in energy prices.
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