• Tosti@feddit.nl
    link
    fedilink
    arrow-up
    22
    arrow-down
    4
    ·
    6 months ago

    Purchase Power Parity only works domestically. Once you venture out in the world, things cost what they cost, no matter how little your populace makes.

    • slaacaa@lemmy.world
      link
      fedilink
      arrow-up
      6
      arrow-down
      5
      ·
      edit-2
      6 months ago

      It makes zero sense, but of course tankies will be happy to parade it around. The are well after the 50th in GDP per capita PPP, and probably much lower if would look at actual consumption. In total GDP, outside of top 10