GDP based on Purchasing Power Parity

GDP PPP is ridiculous. It’s like claiming your broke cousin in a village is ‘richer’ than a Wall Street banker because his local currency buys more street food locally. Sure, he can eat cheap meals… but the banker is the one buying yachts, funding startups, and shaping the world. You can’t pay for oil, chips, or F-35s with ‘adjusted local baskets’ . international power runs on real dollars. Nice academic flex though

When India is 3rd, I know it’s a useless metric

Russia? Nonsense🤷‍♂️

Seeing India at the bottom of this list in 1983 compared to where we are now is honestly mind-blowing. The shift in global economic power over the last four decades is incredible to witness. 📈🇮🇳

You can't buy Saudi crude or US Treasuries with purchasing power parity. The world settles cross-border trade in nominal dollars — PPP is just a chart for academics to argue over

Indians are with him 🤣🤣

Most people know the nominal GDP rankings. But when adjusted for purchasing power, the world's economic leaderboard looks very different. 🇨🇳 China #1 🇺🇸 USA #2 🇮🇳 India #3 GDP (PPP) tells a different story.

India - 3rd 👍

nominal for the flex, ppp for the reality check

Ah beautiful graph, now as Indians you might be thinking why can’t I afford most things despite being 3rd on the graph. That’s because this is the GDP of the whole nation and in India economic inequality is extreme so most of the money is concentrated to a few wealthy people.

Wow, Indians are so RICH !

💰 Countries by GDP Per Capita (Nominal) 1. 🇱🇺 Luxembourg — $140,300 2. 🇮🇪 Ireland — $118,700 3. 🇨🇭 Switzerland — $106,100 4. 🇸🇬 Singapore — $95,800 5. 🇳🇴 Norway — $94,600 6. 🇶🇦 Qatar — $81,400 7. 🇺🇸 United States — $89,100 8. 🇮🇸 Iceland — $87,000 9. 🇩🇰 Denmark — $84,200 10. 🇦🇺 Australia — $69,100 11. 🇳🇱 Netherlands — $68,700 12. 🇸🇪 Sweden — $67,500 13. 🇦🇹 Austria — $67,000 14. 🇧🇪 Belgium — $65,800 15. 🇩🇪 Germany — $63,500 16. 🇫🇮 Finland — $60,900 17. 🇨🇦 Canada — $59,800 18. 🇬🇧 United Kingdom — $58,900 19. 🇫🇷 France — $55,500 20. 🇯🇵 Japan — $35,600

From superpower to sidekick in four decades: this GDP-PPP animation is the polite way of saying “the East is eating the West’s lunch, and India’s bringing seconds.”

Looking at India and Brazil at the bottom of this 1982 top ten list makes you realize just how massive their growth explosions have been in the 2000s. I'd love to watch the full video to see the exact year they start climbing up

China is much bigger than the US A wise man once told me the economy isn’t just numbers, you can see it visually. Look at China on Google earth, there is no comparison. That country is by far the richest

@Thinker_View

Thats interesting for India most populated country and the majority live in western countries. Statistics makes sense to you?

However, in China and the USA, people cannot afford to buy their own home.

Simple example, when yoh watched videos on @X. How many men and women are dressed in Indian traditions clothing? Where is this purchasing power is based on GDP?

Esse gráfico é tão verdadeiro que: 99% dos indianos vivem na merda. Quase 50% dos brasileiros não têm a saneamento básico. O sistema chinês hukou faz com que quem nasça nas zonas rurais viva na idade medieval para o resto da sua vida.

Where's Nigeria

China has never had a bigger gdp than the us sorry

Cina prima potenza mondiale da ormai 15 anni

It's absolutely fascinating to look back at the global economic landscape in 1982. Seeing the USA with such a massive lead in GDP (PPP) back then really highlights how much the global balance of power has shifted over the last few decades

Do you think the race between the US and China ended before it even began?

Let’s keep exploring those global vibes!

India and China have significantly larger populations than every other nation, so this is to be expected.

the world economy is shifting eastwards much faster than most realize today.

Interesting perspective on global economic comparisons!

中国的人均还很差，希望人均GDP可以追上美国

🙏

Like EU doesn't exist.

I would like to see these numbers corrected for inflation.

Accrued wealth is a better indicator.