Currency is still fluctuating as the Chinese yuan has weakened enough to eliminate projected nominal GDP gains in 2016. Purchasing power parity had a large adjustment a few years ago because the 2005 ...

Overall GDP, per capita GDP, and military spending levels are not that great at predicting the actual military capability of a country of the level of actual science and technology capability. Mexico ...

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 ...

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.

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 ...

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 ...