List of top 20 countries according to their purchasing power parity (PPP)
List of countries by GDP (PPP): Ranking of global economies based on purchasing power parity
Gross Domestic Product (GDP) based on Purchasing Power Parity (PPP) is a measure that adjusts countries’ GDPs for differences in price level.
Purpose
This approach allows for a more accurate comparison of the economic productivity and living standards between countries.
Measurement Unit
The values are expressed in international dollars, a hypothetical currency that uses the same purchasing power that the U.S. dollar has in the United States.
Here is the list of top 20 countries according to their purchasing power parity (PPP):
- China: $25,360 billion
- United States: $19,490 billion
- India: $9,474 billion
- Japan: $5,443 billion
- Germany: $4,199 billion
- Russia: $4,016 billion
- Indonesia: $3,250 billion
- Brazil: $3,248 billion
- United Kingdom: $2,925 billion
- France: $2,856 billion
- Mexico: $2,463 billion
- Italy: $2,317 billion
- Turkey: $2,186 billion
- South Korea: $2,035 billion
- Spain: $1,778 billion
- Saudi Arabia: $1,775 billion
- Canada: $1,774 billion
- Iran: $1,640 billion
- Australia: $1,248 billion
- Thailand: $1,236 billion
These figures are based on the data from the CIA World Factbook and represent the gross domestic product (GDP) of each country in purchasing power parity (PPP) terms.