Submitted by highcharts t3_111y1po in dataisbeautiful
svn380 t1_j8w9tyl wrote
Reply to comment by droolingdonkey in [OC] Top 10 largest economies by average values of GDP by highcharts
Um.....no.
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that's not why Purchasing Power Parity exchange rates are used for international comparisons. Instead it tries to adjust for the fact that most spending is on "non-traded" goods and services.
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it sounds like you're thinking of GDP per capita. Here "average" GDP seems to take a moving average to get nice smooth lines.
Easy-Slide-2652 t1_j93xo6a wrote
Literally nobody uses PPP. IMF and World Bank both uses Real GDP.
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