Logo
Unionpedia
Communication
Get it on Google Play
New! Download Unionpedia on your Android™ device!
Free
Faster access than browser!
 

Gross domestic product and Purchasing power parity

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Gross domestic product and Purchasing power parity

Gross domestic product vs. Purchasing power parity

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time. Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power.

Similarities between Gross domestic product and Purchasing power parity

Gross domestic product and Purchasing power parity have 17 things in common (in Unionpedia): Balassa–Samuelson effect, Exchange rate, Foreign exchange market, GDP deflator, Household final consumption expenditure, Inflation, List of countries by GDP (nominal) per capita, List of countries by GDP (PPP), List of countries by GDP (PPP) per capita, List of countries by past and projected GDP (nominal), List of countries by past and projected GDP (PPP) per capita, Measures of national income and output, OECD, Penn effect, Real gross domestic product, United States dollar, World Bank.

Balassa–Samuelson effect

The Balassa–Samuelson effect, also known as Harrod–Balassa–Samuelson effect (Kravis and Lipsey 1983), the Ricardo–Viner–Harrod–Balassa–Samuelson–Penn–Bhagwati effect (Samuelson 1994, p. 201), or productivity biased purchasing power parity (PPP) (Officer 1976) is the tendency for consumer prices to be systematically higher in more developed countries than in less developed countries.

Balassa–Samuelson effect and Gross domestic product · Balassa–Samuelson effect and Purchasing power parity · See more »

Exchange rate

In finance, an exchange rate is the rate at which one currency will be exchanged for another.

Exchange rate and Gross domestic product · Exchange rate and Purchasing power parity · See more »

Foreign exchange market

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies.

Foreign exchange market and Gross domestic product · Foreign exchange market and Purchasing power parity · See more »

GDP deflator

In economics, the GDP deflator (implicit price deflator) is a measure of the level of prices of all new, domestically produced, final goods and services in an economy.

GDP deflator and Gross domestic product · GDP deflator and Purchasing power parity · See more »

Household final consumption expenditure

Household final consumption expenditure (HFCE) is a transaction of the national account's use of income account representing consumer spending.

Gross domestic product and Household final consumption expenditure · Household final consumption expenditure and Purchasing power parity · See more »

Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

Gross domestic product and Inflation · Inflation and Purchasing power parity · See more »

List of countries by GDP (nominal) per capita

The world sorted by their gross domestic product per capita at nominal values.

Gross domestic product and List of countries by GDP (nominal) per capita · List of countries by GDP (nominal) per capita and Purchasing power parity · See more »

List of countries by GDP (PPP)

This article includes a list of countries by their forecasted estimated gross domestic product based on purchasing power parity, abbreviated GDP (PPP).

Gross domestic product and List of countries by GDP (PPP) · List of countries by GDP (PPP) and Purchasing power parity · See more »

List of countries by GDP (PPP) per capita

Three lists of countries below calculate gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year.

Gross domestic product and List of countries by GDP (PPP) per capita · List of countries by GDP (PPP) per capita and Purchasing power parity · See more »

List of countries by past and projected GDP (nominal)

This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF.

Gross domestic product and List of countries by past and projected GDP (nominal) · List of countries by past and projected GDP (nominal) and Purchasing power parity · See more »

List of countries by past and projected GDP (PPP) per capita

This is an alphabetical list of countries by past and future Gross Domestic Product per capita, based on the Purchasing Power Parity (PPP) methodology, not on official exchange rates.

Gross domestic product and List of countries by past and projected GDP (PPP) per capita · List of countries by past and projected GDP (PPP) per capita and Purchasing power parity · See more »

Measures of national income and output

A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), gross national product (GNP), net national income (NNI), and adjusted national income also called as NNI at factor cost (NNI* adjusted for natural resource depletion).

Gross domestic product and Measures of national income and output · Measures of national income and output and Purchasing power parity · See more »

OECD

The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 35 member countries, founded in 1961 to stimulate economic progress and world trade.

Gross domestic product and OECD · OECD and Purchasing power parity · See more »

Penn effect

The Penn effect is the economic finding that real income ratios between high and low income countries are systematically exaggerated by gross domestic product (GDP) conversion at market exchange rates.

Gross domestic product and Penn effect · Penn effect and Purchasing power parity · See more »

Real gross domestic product

Real Gross Domestic Product (real GDP) is a macroeconomic measure of the value of economic output adjusted for price changes (i.e., inflation or deflation).

Gross domestic product and Real gross domestic product · Purchasing power parity and Real gross domestic product · See more »

United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

Gross domestic product and United States dollar · Purchasing power parity and United States dollar · See more »

World Bank

The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.

Gross domestic product and World Bank · Purchasing power parity and World Bank · See more »

The list above answers the following questions

Gross domestic product and Purchasing power parity Comparison

Gross domestic product has 127 relations, while Purchasing power parity has 72. As they have in common 17, the Jaccard index is 8.54% = 17 / (127 + 72).

References

This article shows the relationship between Gross domestic product and Purchasing power parity. To access each article from which the information was extracted, please visit:

Hey! We are on Facebook now! »