The World Bank uses market-based rates to determine the weights in its regional and global aggregations of real GDP, whereas the IMF and the Organization for Economic Cooperation and Development use ...
GDP per capita can be stated in nominal, real (inflation-adjusted), or PPP (purchasing power parity) terms. At a basic interpretation, per-capita GDP shows how much economic production value can ...
Purchasing Power Parity (PPP) serves as a crucial economic metric that allows for the comparison of currency values by ...
Prime Minister Narendra Modi wants India to become an advanced nation by 2047, exactly a hundred years after Independence.
Region: North-central Europe Annual GDP Growth Rate: 0% Share of global GDP, adjusted for PPP: 3.09% The German ... economy in Asia is China, with a nominal GDP of over $18,270 billion in 2025.
India’s GDP in PPP terms is significantly higher than its nominal GDP, reflecting the country’s economic power on a global scale. As of recent years, India ranks among the top economies in PPP ...
They were already among the world’s top 10 countries by way of geographical spread, population size, and national economic strength in GDP, in both nominal and purchasing power parity (PPP ...