It's based on purchasing power parity.

It is having a superior earning power that makes you that way.

GDP figures are calculated at purchasing power parity.

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

GDP (in trillions calculated at purchasing power parity)

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

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

They are, however, using the module for purchasing power parity calculations.

Most reporting Parties belonged to the low income group, with GDP per capita in some cases less than USD 500 (in 1995 prices adjusted for purchasing power parity).

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.

Most Parties that reported belonged to the low income group, with GDP per capita in some cases less than USD 500 (in 1995 prices adjusted for purchasing power parity).

This approach would avoid the difficult exercise of determining the minimum calorie requirement of food and the essential nature of the minimum amount of non food item consumption.

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

The Pacific island countries have been collecting data that will enable them to compute purchasing power parities for consumption.

Note The aggregation was performed using weights based on purchasing power parities.

This income poverty can be considered in absolute or relative terms, depending upon the understanding of the notion of basic needs.

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

Calculated by using national GDP weights based on purchasing power parity rates.

83. Parallel with the decline in purchasing power, the pattern of use of household funds also changed.

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

The main causes for the decrease in the number of visits to the theatre is the low purchasing ability and the high costs of theatre tours.

(a) The gaps in development between the two shores of the Mediterranean, measured by purchasing power, are very wide

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.

With rising inflation, the new year promises little improvement in workers' purchasing power, though a few extra pesos in hand might cushion the rising prices expected in 2015, according to El Colombiano.

Enhancement of bandwidth between major cities of Pakistan

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.

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.

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

Purchasing power parities were of interest mainly for purposes of analysis and research.

National markets for organic food will also offer opportunities as the awareness and purchasing capacity of consumers increase.

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

) and the aggregation of purchasing power (does the auction or marketplace facilitate joint purchasing or joint selling by participants in an auction?

The question was extremely complex and, in the current circumstances, the use of such parities would only lead to further distortions.

In Autumn 1992, the situation was difficult for most people high inflation, low wages, and deteriorating purchasing power.

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

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

In economics, money illusion, or price illusion, refers to the tendency of people to think of currency in nominal, rather than real, terms.

The concept of purchasing power parities had not yet been adequately developed to serve for international income comparison.

The catch, which is not realized, is that the faster they mechanize to save money the more they displace people the more they reduce public purchasing power.

Any change must improve the capacity of the international system to deal with development issues.

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.

Panel five addressed the topic of resilience building in small island developing States.