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Q: What is the difference between nominal and ppp GDP?
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Where does India rank in GDP?

India Ranks 8th in GDP Nominal basis and 4th ( after US/China/Japan) in PPP basis.


What is the Gross Domestic Product of Norway?

Norway is one of the world's most developed nations and is home to one of the most advanced economies in the world. The country's overall GDP is quite large considering the nation's small population. Its GDP per capita is higher than that of the United States, ranked second in both nominal and PPP figures. Its GDP figures in 2005 were as follows: *Nominal GDP: $296 billion (25th rank) *GDP PPP was $195 billion (42nd rank) *Nominal GDP per capita: $64,000 (2nd rank) *GDP PPP per capita: $42,000 (2nd rank)


What is Mexico's GDP per capita?

GDP per capita for 2012 was of US$10,400 at nominal exchange. Using the Purchasing Power Parity (PPP) conversion, Mexican GDP Per Capita is of US$15,600.Mexico GDP Per Capita (PPP), US dollars:2000: 9,1002001: 9,0002002: 9,0002003: 9,0002004: 9,6002005: 10,0002006: 10,7002007: 12,4002008: 14,2002009: 13,2002010: 13,9002011: 15,1002012: 15,600A nation's GDP at Nominal exchange rates is the sum value of all goods and services produced in the country divided by the current exchange rate. It can be misleading, specially when important changes in the exchange rate happened along a year.PPP (purchasing power parity): A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.


What is the GNI for Mexico?

GDP (PPP) 2006 estimate - Total $1.149 trillion (12th) - Per capita $11,249 (63rd) GDP (nominal) 2006 estimate - Total $840.012 billion (short scale) (14th) - Per capita $8,066 (55th)


What is Sri Lanka's current Gross Domestic Product?

GDP (PPP) 2007 estimate Total $84.992 billion Per capita $4,264 GDP (nominal) 2007 estimate Total $32.347 billio Per capita $1,623

Related questions

Is Europe the richest continent?

Yes. Europe is the richest continent in terms of GDP (both PPP and Nominal), GDP per capita (both PPP and Nominal), and wealth distribution.


What is the GDP of Sweden?

PPP:$335.405 billion Nominal: $454.839 billion


What is the gross domestic product of Russia?

GDP Nominal $1.229 trillion GDP PPP $ 2.109 trillion


What are two leading countries in today's world economy?

By nominal GDP: U.S. and China. By PPP GDP: U.S. and China.


Which is the riches country in Europe?

Germany is the richest in terms of GDP (nominal and PPP) , Liechtenstein in terms of GDP per capita


Where does India rank in GDP?

India Ranks 8th in GDP Nominal basis and 4th ( after US/China/Japan) in PPP basis.


What is the per capita of Mexico?

US$20,400 (nominal exchange) or US$29,700 (PPP). For comparision purposes, Mexico's GDP per capita is US$10,200 in nominal terms or US$14,800 in PPP terms.


How big is the economy of India?

Indian economy is the 6th largest measured by nominal GDP, and 3rd largest by PPP. Otherwise India is among G-20.


What is the Gross Domestic Product of Norway?

Norway is one of the world's most developed nations and is home to one of the most advanced economies in the world. The country's overall GDP is quite large considering the nation's small population. Its GDP per capita is higher than that of the United States, ranked second in both nominal and PPP figures. Its GDP figures in 2005 were as follows: *Nominal GDP: $296 billion (25th rank) *GDP PPP was $195 billion (42nd rank) *Nominal GDP per capita: $64,000 (2nd rank) *GDP PPP per capita: $42,000 (2nd rank)


What is Mexico's projected GDP for 2014?

Current projections estimate Mexico's 2014 GDP at US$1,230 billion at nominal value, and US$2,113 billion at PPP value.


How does Germany rank in the world economy?

Germany has the leading economy in Europe, With $M 2,809,693 it is the fifth by GDP (PPP) in the world With $M 3,322,147 it is the third largest by nominal GDP in the world


What is Mexico's GDP in 2012?

Following are values of Gross Domestic Product at nominal and purchasing power parity values. Figures are given in billion US dollars.Mexico GDP (Nominal): 1,163 (est.)A nation's GDP at Nominal exchange rates is the sum value of all goods and services produced in the country divided by the current exchange rate. It can be misleading, specially when important changes in the exchange rate happened along a year.Mexico GDP (PPP): 1,758 (est.)PPP (purchasing power parity): A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.