WASHINGTON, May 30, 2024 — New purchasing power parities (PPPs), which provide a standardized way to assess the relative buying power of different economies, were released today by the International ...
In 2021, global output in purchasing power parity (PPP) terms was $152.4 trillion. 1 Global output refers to the sum of gross domestic product (GDP) for all 176 economies that participated in the ...
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