It's based on purchasing power parity.

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

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

Thus, normal re equilibration to purchasing power parity should give the dollar slight upward momentum.

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

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

Purchasing power parity measures a country s income using a set of international prices applied to all economies.

Table 4 Shares in world total of IMF quotas and gross national income (purchasing power parity), 2002

The economist Menzie Chinn, using purchasing power parity (PPP) exchange rates, reckoned the renminbi s undervaluation to be 40 .

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

a Poverty line used here based on an annual income per capita of 370 in 1985 purchasing power parity dollars.

In terms of purchasing power parity, per capita income in middle income countries is still about 15 of that of developed nations.

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.

Europe also became nervous after the euro exchange rate rose to more than 1.40, far beyond the purchasing power parity (PPP) rate of 1.17.

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

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.

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.

GDP purchasing power parity in 2003 was around 2.33 billion, GDP real growth rate was approximately 2 per cent and per capita purchasing power parity was 36,000, one of the highest in the world.6 At the same time, Bermuda's high cost of living relegates it to ninth place on the list of countries with the highest purchasing power.7 In September 2004, Bermuda's inflation rate rose to 3.9 per cent, representing the highest inflation level in 14 years.

The report presents the status of the programme and plans for the completion of the current phase and the continuation of the worldwide purchasing power parity comparisons.

Moreover, while the concept of purchasing power parity was theoretically justified, it should be noted that those organizations which used it did so for analytical purposes only.

Purchasing power of exports of goods

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.

And China, where income per person is one eighth the level of the US (adjusted for purchasing power parity), is simply too poor to become the new hegemony.

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).

The key word here is should. Today s 100 million Mexicans have real incomes at purchasing power parity of roughly 10,000 per year, a quarter of the current US level.

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).

But many analysts have challenged estimates that rely on the World Bank s current poverty line, raised in 2008 from 1 to 1.25 per day, in purchasing power parity (PPP) terms.

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

And, by using purchasing power parity, which measures the cost of the same basket of goods and services in different countries, economists can adjust GDP to gain better insight into living standards.

But the World Bank s poverty line of 1.25 per day (in purchasing power parity terms), which is used in measuring progress toward the MDGs poverty reduction target, is not the only relevant threshold.

In order to make it more equitable, several speakers suggested that the quotas determining contributions should be based on gross domestic product (GDP) valued at purchasing power parity, rather than market exchange rates.

The purchasing power parity concept, on the other hand, had not been accepted, even by IMF, and it would therefore be inappropriate to apply that concept in the context of the United Nations.

Note The poverty line used here 370 annual income per capita in 1985 purchasing power parity dollars is based on estimates of poverty lines from a number of countries with low average incomes.

From 2000 to 2008, these four countries share of global output rose rapidly, from 16 to 22 (in purchasing power parity terms), and their economies performed better than average in the subsequent global recession.

That can t happen without increased wages and purchasing power for workers.

Moreover, falling commodity prices will also help increase household purchasing power.

The lower dollar also reduces the purchasing power of oil exporters.

To these factors the speaker added the people's low purchasing power.

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.

The following list is of world economies sorted by their gross domestic product (GDP), the value of all final goods and services produced within a nation in a given year, adjusted by purchasing power parity (PPP), in US Dollars.

Thus, in principle, the purchasing power for the extra output would be available.

A 20 dollar depreciation would therefore reduce Americans purchasing power by only 3 .

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

In an age of soaring oil costs, a few countries have made a real difference in energy efficiency. The OECD countries, on average, use 160 kilograms of oil equivalent energy for every 1,000 of GDP (measured at purchasing power parity).

A measure of South Korea s success is that it was the first country to make the transition from being a recipient of OECD aid to becoming a donor, with per capita GDP today exceeding 30,000 (in purchasing power parity terms).