This article includes three lists of countries of the world sorted by their gross domestic product (GDP) at purchasing power parity (PPP) per capita, the value of all final goods and services produced within a nation in a given year divided by the average (or mid-year) population for the same year.
GDP dollar estimates here are derived from purchasing power parity (PPP) calculations. Such calculations are prepared by various organizations, including the International Monetary Fund and the World Bank. As estimates and assumptions have to be made, the results produced by different organizations for the same country tend to differ, sometimes substantially. PPP figures are estimates rather than hard facts, and should be used with caution.
Comparisons of national wealth are also frequently made on the basis of nominal GDP, which does not reflect differences in the cost of living in different countries. (See List of countries by GDP (nominal) per capita.) The advantages of using nominal GDP figures include that less estimation is required, and that they more accurately reflect the participation of the inhabitants of a country in the global economy.
Several economies which are not considered to be countries (the world, EU, and some dependent territories) are included in the list because they appear in the sources. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. Non-sovereign entities, former countries or other special groupings are marked in italics.
International Monetary Fund (2008)
World Bank (2007)
CIA World Factbook
Rank
Country
Intl. $
1
Qatar
85,868
2
Luxembourg
82,306
3
Norway
53,451
4
Singapore
51,142
5
Brunei
50,117
6
United States
46,859
—
Hong Kong
43,811
7
Switzerland
42,783
8
Ireland
42,539
9
Netherlands
40,431
10
Iceland
40,025
11
Kuwait
39,850
12
Austria
39,634
13
Canada
39,183
14
United Arab Emirates
38,830
15
Australia
37,299
16
Denmark
37,266
17
Sweden
37,245
18
United Kingdom
36,523
19
Belgium
36,235
20
Finland
36,217
21
Germany
35,442
22
Bahrain
34,605
23
France
34,208
24
Japan
34,100
25
China, Republic of ( Taiwan)
30,881
26
Spain
30,621
27
Italy
30,581
28
Greece
30,535
29
Cyprus
29,830
30
Slovenia
29,472
31
Israel
28,206
32
Korea, South
27,647
33
Bahamas, The
27,394
34
New Zealand
27,060
35
Czech Republic
25,395
36
Oman
24,153
37
Saudi Arabia
23,834
38
Malta
23,760
39
Portugal
22,190
40
Slovakia
22,040
41
Seychelles
21,910
42
Trinidad and Tobago
20,723
43
Estonia
20,259
44
Antigua and Barbuda
19,572
45
Hungary
19,499
46
Barbados
19,026
47
Lithuania
18,946
48
Croatia
18,545
49
Equatorial Guinea
18,029
50
Poland
17,482
51
Latvia
17,071
52
Russia
15,922
53
Botswana
14,882
54
Mexico
14,560
55
Libya
14,533
56
Chile
14,510
57
Gabon
14,478
58
Argentina
14,413
59
Saint Kitts and Nevis
14,169
60
Malaysia
14,072
61
Uruguay
13,295
62
Turkey
13,138
63
Lebanon
13,032
64
Venezuela
12,785
65
Romania
12,580
66
Bulgaria
12,341
67
Belarus
12,291
68
Mauritius
11,992
69
Kazakhstan
11,416
70
Panama
11,343
71
Iran
11,250
72
Montenegro
11,092
73
Grenada
10,843
74
Saint Lucia
10,819
75
Serbia
10,792
76
Costa Rica
10,752
—
World
10,497
77
Brazil
10,326
78
Saint Vincent and the Grenadines
10,150
79
South Africa
10,119
80
Dominica
10,046
81
Macedonia, Republic of
9,157
82
Azerbaijan
8,620
83
Peru
8,580
84
Dominican Republic
8,571
85
Suriname
8,324
86
Thailand
8,225
87
Colombia
8,215
88
Tunisia
7,963
89
Belize
7,882
90
Jamaica
7,766
91
Ecuador
7,685
92
Bosnia and Herzegovina
7,611
93
El Salvador
7,552
94
Ukraine
7,347
95
Albania
6,859
96
Algeria
6,698
97
Namibia
6,578
98
Angola
6,331
99
Kiribati
6,112
100
China, People's Republic of
5,963
101
Egypt
5,898
102
Samoa
5,733
103
Turkmenistan
5,711
104
Swaziland
5,635
105
Tonga
5,373
106
Jordan
5,314
107
Armenia
5,273
108
Bhutan
5,238
109
Maldives
4,951
110
Guatemala
4,899
111
Georgia
4,863
112
Paraguay
4,778
113
Syria
4,749
114
Sri Lanka
4,581
115
Morocco
4,349
116
Bolivia
4,330
117
Honduras
4,268
118
Vanuatu
4,244
119
Fiji
4,185
120
Guyana
4,035
121
Indonesia
3,987
122
Congo, Republic of the
3,913
123
Philippines
3,546
124
Mongolia
3,541
125
Cape Verde
3,499
126
Iraq
3,479
127
Moldova
3,174
128
Vietnam
2,784
129
India
2,762
130
Pakistan
2,739
131
Nicaragua
2,688
132
Uzbekistan
2,630
133
Yemen
2,412
134
Djibouti
2,392
135
Timor-Leste
2,365
136
Sudan
2,305
137
Laos
2,204
138
Kyrgyzstan
2,180
139
Cameroon
2,153
140
Nigeria
2,134
141
Papua New Guinea
2,105
142
Cambodia
2,066
143
Mauritania
2,052
144
Solomon Islands
2,047
145
Tajikistan
2,019
146
São Tomé and Príncipe
1,749
147
Senegal
1,736
148
Kenya
1,713
149
Chad
1,657
150
Côte d'Ivoire
1,640
151
Benin
1,605
152
Ghana
1,520
153
Zambia
1,399
154
Gambia, The
1,389
155
Bangladesh
1,389
156
Tanzania
1,352
157
Haiti
1,316
158
Lesotho
1,302
159
Burkina Faso
1,266
160
Burma
1,160
161
Comoros
1,155
162
Uganda
1,152
163
Nepal
1,142
164
Mali
1,126
165
Rwanda
1,041
166
Guinea
1,003
167
Madagascar
976
168
Ethiopia
897
169
Mozambique
897
170
Malawi
834
171
Togo
810
172
Afghanistan
758
173
Eritrea
747
174
Central African Republic
739
175
Niger
738
176
Sierra Leone
725
177
Guinea-Bissau
485
178
Burundi
389
179
Liberia
373
180
Congo, Democratic Republic of the
328
Rank
Country
Intl. $
1
Luxembourg
78,985
2
Norway
53,334
3
Singapore
50,299
4
United States
45,790
5
Ireland
43,035
—
Hong Kong
42,321
6
Switzerland
39,963
7
Austria
38,155
8
Netherlands
37,960
9
Iceland
37,174
10
Sweden
36,365
11
Denmark
35,787
12
Canada
35,729
13
Australia
34,882
14
Belgium
34,458
15
Finland
34,411
16
United Kingdom
33,535
17
Japan
33,525
18
France
33,414
19
Germany
33,154
20
Greece
33,074
21
Spain
31,312
22
Equatorial Guinea
30,610
23
Italy
29,934
24
Cyprus
27,173
25
Slovenia
27,095
26
New Zealand
26,110
27
Israel
25,918
28
Korea, South
24,712
29
Czech Republic
23,194
30
Saudi Arabia
22,907
31
Trinidad and Tobago
22,658
32
Portugal
21,755
33
Estonia
21,252
34
Slovakia
20,206
35
Hungary
18,679
36
Lithuania
17,671
37
Latvia
17,518
38
Antigua and Barbuda
17,118
39
Poland
15,811
40
Croatia
15,516
41
Gabon
15,177
42
Russia
14,743
43
Libya
14,721
44
Seychelles
14,412
45
Chile
13,885
46
Saint Kitts and Nevis
13,429
47
Botswana
13,418
48
Malaysia
13,379
49
Argentina
13,244
50
Mexico
12,780
51
Turkey
12,481
52
Venezuela
12,168
53
Panama
11,623
54
Romania
11,394
55
Bulgaria
11,298
56
Mauritius
11,276
57
Uruguay
11,236
58
Iran
10,934
59
Belarus
10,850
60
Kazakhstan
10,829
61
Costa Rica
10,658
62
Serbia
10,393
63
Montenegro
10,225
64
Lebanon
10,113
—
World
9,900
65
South Africa
9,736
66
Brazil
9,570
67
Saint Lucia
9,542
68
Macedonia, Republic of
8,543
69
Thailand
8,138
70
Algeria
7,952
71
Peru
7,842
72
Suriname
7,675
73
Dominica
7,589
74
Tunisia
7,506
75
Azerbaijan
7,477
76
Bosnia and Herzegovina
7,468
77
Saint Vincent and the Grenadines
7,408
78
Ecuador
7,397
79
Grenada
7,009
80
Colombia
6,958
81
Ukraine
6,916
82
Dominican Republic
6,709
83
Belize
6,674
84
Jamaica
6,461
85
Albania
6,385
86
El Salvador
5,735
87
Armenia
5,711
88
Angola
5,467
89
Egypt
5,352
90
China, People's Republic of
5,345
91
Maldives
5,341
92
Namibia
5,172
93
Swaziland
4,914
94
Jordan
4,903
95
Bhutan
4,842
96
Georgia
4,667
97
Syria
4,513
98
Guatemala
4,483
99
Fiji
4,439
100
Paraguay
4,332
101
Sri Lanka
4,259
102
Bolivia
4,208
103
Morocco
4,063
104
Samoa
3,989
105
Indonesia
3,728
106
Vanuatu
3,695
107
Honduras
3,682
108
Tonga
3,535
109
Congo, Republic of the
3,512
110
Guyana
3,411
111
Philippines
3,410
112
Micronesia
3,324
113
Mongolia
3,222
114
Cape Verde
3,043
115
India
2,753
116
Vietnam
2,600
117
Moldova
2,560
118
Pakistan
2,525
119
Nicaragua
2,485
120
Uzbekistan
2,444
121
Yemen
2,336
122
Papua New Guinea
2,296
123
Laos
2,140
124
Cameroon
2,124
125
Sudan
2,088
126
Djibouti
2,061
127
Kyrgyzstan
1,980
128
Nigeria
1,977
129
Mauritania
1,928
130
Solomon Islands
1,820
131
Cambodia
1,802
132
Tajikistan
1,754
133
Côte d'Ivoire
1,673
134
Senegal
1,666
135
São Tomé and Príncipe
1,639
136
Lesotho
1,542
137
Kenya
1,535
138
Chad
1,478
139
Kiribati
1,412
140
Zambia
1,359
141
Ghana
1,335
142
Benin
1,312
143
Haiti
1,311
144
Bangladesh
1,242
145
Gambia, The
1,233
146
Tanzania
1,209
147
Comoros
1,149
148
Guinea
1,140
149
Burkina Faso
1,124
150
Mali
1,084
151
Nepal
1,033
152
Uganda
939
153
Madagascar
935
154
Rwanda
867
155
Togo
809
156
Mozambique
796
157
Ethiopia
779
158
Timor-Leste
776
159
Malawi
756
160
Central African Republic
714
161
Sierra Leone
677
162
Niger
628
163
Eritrea
538
164
Guinea-Bissau
477
165
Liberia
358
166
Burundi
341
167
Congo, Democratic Republic of the
298
Rank
Country
Intl. $
Year
1
Liechtenstein
118,000
2007 est.
2
Qatar
103,500
2008 est.
3
Luxembourg
81,100
2008 est.
—
Bermuda
69,900
2004 est.
4
Kuwait
57,400
2008 est.
—
Jersey
57,000
2005 est.
5
Norway
55,200
2008 est.
6
Brunei
53,100
2008 est.
7
Singapore
52,000
2008 est.
8
United States
47,000
2008 est.
9
Ireland
46,200
2008 est.
—
Guernsey
44,600
2005
—
Cayman Islands
43,800
2004 est.
—
Hong Kong
43,800
2008 est.
10
Andorra
42,500
2007
11
San Marino
41,900
2007
12
Switzerland
40,900
2008 est.
13
Netherlands
40,300
2008 est.
14
United Arab Emirates
40,000
2008 est.
15
Iceland
39,900
2008 est.
16
Canada
39,300
2008 est.
17
Austria
39,200
2008 est.
18
Sweden
38,500
2008 est.
—
Virgin Islands, British
38,500
2004 est.
—
Gibraltar
38,200
2005 est.
19
Australia
38,100
2008 est.
20
Belgium
37,500
2008 est.
21
Denmark
37,400
2008 est.
22
Bahrain
37,200
2008 est.
23
Finland
37,200
2008 est.
24
United Kingdom
36,600
2008 est.
—
Falkland Islands
35,400
2002 est.
—
Isle of Man
35,000
2005 est.
25
Germany
34,800
2008 est.
26
Spain
34,600
2008 est.
27
Japan
34,200
2008 est.
—
European Union
33,400
2008 est.
28
France
32,700
2008 est.
29
Greece
32,000
2008 est.
30
China, Republic of ( Taiwan)
31,900
2008 est.
31
Equatorial Guinea
31,400
2008 est.
—
Faroe Islands
31,000
2001 est.
32
Italy
31,000
2008 est.
—
Macau
30,000
2007
33
Monaco
30,000
2006 est.
34
Slovenia
29,500
2008 est.
35
Bahamas, The
28,600
2008 est.
36
Cyprus
28,600
2008 est.
37
Israel
28,200
2008 est.
38
New Zealand
27,900
2008 est.
39
Czech Republic
26,100
2008 est.
40
Korea, South
26,000
2008 est.
41
Malta
24,200
2008 est.
42
Portugal
22,000
2008 est.
43
Slovakia
21,900
2008 est.
—
Aruba
21,800
2004 est.
44
Estonia
21,200
2008 est.
45
Saudi Arabia
20,700
2008 est.
46
Oman
20,200
2008 est.
—
Greenland
20,000
2001 est.
47
Hungary
19,800
2008 est.
48
Saint Kitts and Nevis
19,700
2008 est.
49
Barbados
19,300
2008 est.
50
Antigua and Barbuda
19,000
2008 est.
51
Trinidad and Tobago
18,600
2008 est.
—
French Polynesia
18,000
2004 est.
52
Latvia
17,800
2008 est.
—
Puerto Rico
17,800
2008 est.
53
Lithuania
17,700
2008 est.
54
Poland
17,300
2008 est.
55
Seychelles
17,000
2008 est.
56
Croatia
16,100
2008 est.
—
Netherlands Antilles
16,000
2004 est.
57
Russia
15,800
2008 est.
58
Malaysia
15,300
2008 est.
—
Guam
15,000
2005 est.
—
New Caledonia
15,000
2003 est.
59
Chile
14,900
2008 est.
—
Virgin Islands, U.S.
14,500
2004 est.
60
Gabon
14,400
2008 est.
61
Libya
14,400
2008 est.
62
Argentina
14,200
2008 est.
63
Mexico
14,200
2008 est.
64
Venezuela
13,500
2008 est.
65
Grenada
13,400
2008 est.
66
Botswana
13,300
2008 est.
67
Bulgaria
12,900
2008 est.
68
Iran
12,800
2008 est.
—
Northern Mariana Islands
12,500
2000 est.
69
Romania
12,200
2008 est.
70
Uruguay
12,200
2008 est.
71
Mauritius
12,100
2008 est.
72
Turkey
12,000
2008 est.
73
Belarus
11,800
2008 est.
74
Costa Rica
11,600
2008 est.
75
Panama
11,600
2008 est.
76
Kazakhstan
11,500
2008 est.
—
Turks and Caicos Islands
11,500
2002 est.
77
Saint Lucia
11,300
2008 est.
78
Lebanon
11,100
2008 est.
79
Serbia
10,900
2008 est.
80
Saint Vincent and the Grenadines
10,500
2008 est.
—
World
10,400
2008 est.
81
Brazil
10,100
2008 est.
82
South Africa
10,000
2008 est.
83
Dominica
9,900
2008 est.
84
Montenegro
9,700
2008 est.
85
Cuba
9,500
2008 est.
—
Cook Islands
9,100
2005 est.
86
Azerbaijan
9,000
2008 est.
87
Macedonia, Republic of
9,000
2008 est.
88
Colombia
8,900
2008 est.
89
Suriname
8,900
2008 est.
90
Angola
8,800
2008 est.
—
Anguilla
8,800
2004 est.
91
Belize
8,600
2008 est.
92
Thailand
8,500
2008 est.
93
Peru
8,400
2008 est.
94
Dominican Republic
8,100
2008 est.
95
Palau
8,100
2008 est.
—
American Samoa
8,000
2007 est.
96
Tunisia
7,900
2008 est.
97
Ecuador
7,500
2008 est.
98
Jamaica
7,400
2008 est.
99
Algeria
7,000
2008 est.
—
Saint Pierre and Miquelon
7,000
2001 est.
100
Ukraine
6,900
2008 est.
101
Bosnia and Herzegovina
6,500
2008 est.
102
Armenia
6,400
2008 est.
103
El Salvador
6,200
2008 est.
104
Turkmenistan
6,100
2008 est.
105
Albania
6,000
2008 est.
106
China, People's Republic of
6,000
2008 est.
—
Niue
5,800
2003 est.
107
Bhutan
5,600
2008 est.
108
Egypt
5,400
2008 est.
109
Namibia
5,400
2008 est.
110
Guatemala
5,200
2008 est.
111
Swaziland
5,100
2008 est.
112
Jordan
5,000
2008 est.
113
Maldives
5,000
2008 est.
114
Nauru
5,000
2005 est.
—
Mayotte
4,900
2005 est.
115
Samoa
4,900
2008 est.
116
Syria
4,800
2008 est.
117
Georgia
4,700
2008 est.
118
Tonga
4,600
2008 est.
119
Vanuatu
4,600
2008 est.
120
Bolivia
4,500
2008 est.
121
Honduras
4,400
2008 est.
122
Sri Lanka
4,300
2008 est.
123
Paraguay
4,200
2008 est.
124
Congo, Republic of the
4,000
2008 est.
125
Iraq
4,000
2008 est.
126
Morocco
4,000
2008 est.
127
Fiji
3,900
2008 est.
128
Guyana
3,900
2008 est.
129
Indonesia
3,900
2008 est.
130
Cape Verde
3,800
2008 est.
—
Wallis and Futuna
3,800
2004 est.
131
Djibouti
3,700
2008 est.
—
Montserrat
3,400
2002 est.
132
Philippines
3,300
2008 est.
133
Kiribati
3,200
2008 est.
134
Mongolia
3,200
2008 est.
135
Nicaragua
2,900
2008 est.
—
West Bank and Gaza
2,900
2008 est.
136
India
2,800
2008 est.
137
Vietnam
2,800
2008 est.
138
Pakistan
2,600
2008 est.
139
Uzbekistan
2,600
2008 est.
140
Marshall Islands
2,500
2008 est.
141
Moldova
2,500
2008 est.
—
Saint Helena
2,500
1998 est.
—
Western Sahara
2,500
2007 est.
142
Timor-Leste
2,400
2008 est.
143
Yemen
2,400
2008 est.
144
Cameroon
2,300
2008 est.
145
Kosovo
2,300
N/A
146
Nigeria
2,300
2008 est.
147
Micronesia
2,200
2008 est.
148
Papua New Guinea
2,200
2008 est.
149
Sudan
2,200
2008 est.
150
Kyrgyzstan
2,100
2008 est.
151
Laos
2,100
2008 est.
152
Mauritania
2,100
2008 est.
153
Tajikistan
2,100
2008 est.
154
Cambodia
2,000
2008 est.
155
Solomon Islands
1,900
2008 est.
156
Côte d'Ivoire
1,700
2008 est.
157
Korea, North
1,700
2008 est.
158
Chad
1,600
2008 est.
159
Kenya
1,600
2008 est.
160
Lesotho
1,600
2008 est.
161
Senegal
1,600
2008 est.
162
Tuvalu
1,600
2002 est.
163
Bangladesh
1,500
2008 est.
164
Benin
1,500
2008 est.
165
Ghana
1,500
2008 est.
166
Zambia
1,500
2008 est.
167
Gambia, The
1,300
2008 est.
168
Haiti
1,300
2008 est.
169
São Tomé and Príncipe
1,300
2008 est.
170
Tanzania
1,300
2008 est.
171
Burkina Faso
1,200
2008 est.
172
Burma
1,200
2008 est.
173
Mali
1,200
2008 est.
174
Guinea
1,100
2008 est.
175
Nepal
1,100
2008 est.
176
Uganda
1,100
2008 est.
177
Comoros
1,000
2008 est.
178
Madagascar
1,000
2008 est.
—
Tokelau
1,000
1993 est.
179
Mozambique
900
2008 est.
180
Rwanda
900
2008 est.
181
Togo
900
2008 est.
182
Afghanistan
800
2008 est.
183
Ethiopia
800
2008 est.
184
Malawi
800
2008 est.
185
Central African Republic
700
2008 est.
186
Eritrea
700
2008 est.
187
Niger
700
2008 est.
188
Sierra Leone
700
2008 est.
189
Guinea-Bissau
600
2008 est.
190
Somalia
600
2008 est.
191
Liberia
500
2008 est.
192
Burundi
400
2008 est.
193
Congo, Democratic Republic of the
300
2008 est.
194
Zimbabwe
200
2008 est.
Has the Italian GDP per capita (2008) really fallen behind Greece's? Q. CiaFactbook & World Bank say so... https://www.cia.gov/libra ry/publications/the-world -factbook/rankorder/2004r ank.html What do you think? Asked by George - Sat Mar 21 04:34:34 2009 - - 2 Answers - 0 Comments A. CIA uses PPP (purchesing price parity) numbers and the cost of living is cheaper in Greece. Compared in Euros I think Italy is still greater. Answered by meg - Sat Mar 21 07:32:06 2009 just wondering; Saudi Arabia in G20? Q. I was reading a discussion somewhere and found it interesting; the question is: why Saudi Arabia is invited there? and no offense my Saudi friends. please read the following. G20 definition here: 19 of the world's largest national economies, plus the European Union (EU) and list of countries by GDP here: before 2009, Saudi has had over 71 billion$ gross external debt: maybe some believe it's because of GDP per capita which could be high in Saudi Arabia. here is a list: Saudi Arabia ...24120 dollars Kuwiat...40943 dollars United Arab Emirates...39077 dollars Switzerland...42841 dollars so it's not logical to see Saudi Arabia in G20 when there are better choices. some would think Saudi is invited to help G20 members' messed… [cont.] Asked by Morteza - Sat Apr 4 10:43:28 2009 - - 2 Answers - 0 Comments A. ROFL...I was reading an article on G20 & I was also surprised to find KSA on that list. I assume it is that cheap oil thingy again;-)) Edit: Thanks for the link. Very interesting:-) Answered by Snowball/PersianBabydoll - Sat Apr 4 10:49:49 2009 Why Chile it's the most developed and stable country in all Latin America? Q. Chile has the highest Human Development Index in the last 2008 ONU report with an HDI of 0,874 After there's Argentina with 0,860, Mexico with 0,847 and Brazil with 0,807. The HDI combines three basic dimensions: * Life expectancy at birth, as an index of population health and longevity * Knowledge and education, as measured by the adult literacy rate (with two-thirds weighting) and the combined primary, secondary, and tertiary gross enrollment ratio (with one-third weighting). * Standard of living, as measured by the natural logarithm of gross domestic product (GDP) per capita at purchasing power parity (PPP) in United States dollars. And Chile is the best in Latin America for these facts. Why do Chile has the highest HDI in all… [cont.] Asked by Samguk - Thu Feb 26 08:18:23 2009 - - 5 Answers - 0 Comments A. May be thanks to old pinochet, who despite being a dictator had that good point Answered by Don Camilo - Thu Feb 26 08:57:56 2009
siliconinvestor.advfn.com Big Dog's Boom Boom Room Message Board - Msg: 25680935 unknown 2009-05-30 07:16:04 Improvements in energy efficiency in response to higher CAFE standards and more stringent standards for lighting contribute to the decline in energy use . per capita. . Other contributing factors include moderate . GDP. growth and a decline in . ... The decline in energy use for bulk chemicals, a major exporting industry, reflects increased competition in foreign markets from . countries. with access to less expensive energy sources, combined with improvements in energy efficiency. ...
en.cop15.dk New study grist to India's mill - COP15 United Nations Climate ... unknown 2009-05-27 09:50:00 Carbon intensity is a measure of the amount of carbon equivalents emitted . per capita. of . GDP. . India's carbon intensity will decrease to 0.45 tonnes by 2030 from 0.70 tonnes of carbon dioxide equivalent . per. 1.000 US dollars by 2005, ... by the new study that the rich . countries. pollute the most . per capita. . The study shows that even with continued economic growth, India's carbon intensity would still be lower than the intensity of most industrialized . countries. were in 2005. ...
meganmcardle.theatlantic.com Department of Awful Statistics - Megan McArdle unknown 2009-05-21 15:17:16 What Gelman does not add is that "the natural logarithm of gross domestic product (. GDP. ) . per capita. at purchasing power parity (. PPP. ) in United States dollars" is actually a rather poor measure of "standard of living" given that it's not normalized . ... The choice of components and weightings is based on a desire to be consistent with the standard methodology for comparing development between . countries. , which has subsequently been widely applied within . countries. elsewhere. ...
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