viernes, 15 de marzo de 2013

Gross domestic product of the countries in the world


Countries of the world sorted by their gross domestic product (GDP) tovalues ​​of purchasing power parity (PPP), the sum of all goods and services produced by a country in a year, in relation to purchasing power parity (PPP.) This is an economic indicator introduced in the early nineties by the International Monetary Fund in a realistic way to compare living standards across countries, taking into account the per capita gross domestic productin terms of cost of living in each country.

The PPP is one of the most appropriate for comparing living standards,gross domestic product per capita, as it takes into account changes inprices. This indicator eliminates money illusion linked to changes rates, so that an appreciation or depreciation of a currency will not change the purchasing power parity of a country, since the inhabitants of this country receive their wages and make purchases in the same currency. Ie,allows the exchange rates between currencies are such as to allow a coinhas the same purchasing power anywhere in the world.

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