GDP figures are calculated at purchasing power parity.

The new data are based on improved estimates of purchasing power parity (PPP).

At that price, the dollar was undervalued by roughly 10 relative to its purchasing power parity (PPP).

To take one prominent example, there is a 25 margin of error on purchasing power parity comparisons between GDP in the United States and China.

SINGAPORE In 2016, China s share of the global economy will be larger than America s in purchasing price parity terms.

Its per capita GDP exceeds 22,000 in purchasing power parity terms, making its income higher than that of Argentina, Brazil, and Mexico.

It may be difficult for China to ever match the success of a small Asian country like Singapore, which has already overtaken the US in terms of GDP per capita as measured by purchasing power parity.

Is it the economy? Well, we have now the fifth largest economy in the world in purchasing power parity terms.

More than 50 of the world s population is now considered middle class, with a living standard above the average of the developed countries poverty lines ( 8.2 at 1996 PPP prices).

Though reliable data are hard to come by, its GDP (in purchasing power parity terms) was comparable to that of Haiti, Honduras, and Egypt, and some 5 below that of Ghana.

And, indeed, the evidence suggests that China was larger (in terms of purchasing power parity) than any other economy in the world until around 1889, when the US eclipsed it.

But it is bad for those with a strong asset position by reducing their spending power, it spurs them to save even more.

1. Notes the increasing number of duty stations where the post adjustment classification is equal or close to zero, and requests the Commission to review the methodology to ensure that purchasing power equivalence is appropriately reflected

Being outside the euro area, their currencies would fall, undermining growth in purchasing power and living standards.

Fifth, the current value of the euro does not seem wildly out of line on a purchasing power basis. 160

It must ensure that enhanced purchasing power leads to a markedly improved quality of life for all of India s citizens.

To strengthen purchasing power and to stimulate consumption, tax cuts on low and medium income households are essential.

Economy Gross Domestic Product (GDP) in purchasing power parity (PPP) in 2006 was estimated at 1.218 billion USD.

The OECD countries, on average, use 160 kilograms of oil equivalent energy for every 1,000 of GDP (measured at purchasing power parity).

Because of low purchasing power many people cannot buy all the food they need.

The skyrocketing cost of food has resulted in more starvation among the poor, reduced purchasing power among the non poor, and food riots in more than 30 countries.

The skyrocketing cost of food has resulted in more starvation among the poor, reduced purchasing power among the non poor, and food riots in more than 30 countries. 160

Whatever tax law changes the US Congress approves this summer are unlikely to have big effects on the flow of purchasing power to households until April, 2004.

The region s success has been underpinned by dynamic growth in China and India, which account for almost 60 of the continent s total GDP in purchasing power parity terms.

By focusing on job creation, wage increases, and the social safety net, the 12th Five Year Plan could spark a major increase in discretionary consumer purchasing power.

In 2011, Norway and Luxemburg were the only European countries with higher per capita national income than the US in purchasing power parity terms.

The basic idea is that, when comparing incomes across countries, variations in purchasing power should be taken into account.

On the other hand, critics point out that the world today is poor average annual GDP per capita at purchasing power parity is roughly 7,000. We expect improved technology and its spread to make the world of 2100, at a 2 annual growth rate, much richer 50,000 per capita of year 2006 purchasing power.

On the other hand, critics point out that the world today is poor average annual GDP per capita at purchasing power parity is roughly 7,000.

In New York and other American cities, European shoppers are on a spree. They re enjoying first hand the euro s enhanced purchasing power abroad.

And, when measured in terms of purchasing power parity, China s GDP will reach that of the US around 2015, thus changing the world s balance of economic power.

As a result, India s per capita income of 2,900 (in purchasing power parity terms) is one half of China s and one fifteenth that of the US.

Income disparities have halved both in nominal terms when expressed in euros and in real terms when taking into account differences in purchasing power.

JD Sports Executive Chairman Peter Cowgill says a higher minimum wage for UK workers could mean more spending power in the pockets of potential consumers.

Likewise, increasing the supply of money relative to a fixed amount of output will lead to a decline in the purchasing power of money, as each currency unit buys fewer goods.

The main focus will be the lagging wages of rural workers, whose per capita incomes are currently only 30 of those in urban areas precisely the opposite of China s aspirations for a more harmonious society. Among the reforms will be tax policies aimed at boosting rural purchasing power, measures to broaden rural land ownership, and technology led programs to raise agricultural productivity.

Among the reforms will be tax policies aimed at boosting rural purchasing power, measures to broaden rural land ownership, and technology led programs to raise agricultural productivity.

Several Central European countries have achieved per capita GDP levels (measured in terms of purchasing power parity) that place them on the lower rungs of the eurozone s income ladder.

The riel amounts for various expenditure items were then adjusted for the loss in purchasing power of the riel that has occurred since the end of the first quarter.

By focusing on job creation in services, massive urbanization, and the broadening of its social safety net, there will be a big boost to labor income and consumer purchasing power.

The firm has a great deal of trust in your ability.

If you add to this the data for 2012 released just a few days ago by Istat, with a loss of purchasing power of 4.7 percent, the blow becomes merciless and takes on dramatic profile.

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But if central banks regularly announced their concern about significant departures from PPP, as they do now about inflation prospects, they would heighten traders concern that other traders will consider it increasingly risky to hold open positions that imply further movement away from parity levels.

The root of the crisis remains the fall in purchasing power on the part of the middle and lower classes, and the collapse of speculative bubbles created by the wealthy classes greed for more.