Purchasing power parity (PPP) compares currencies by using a common basket of goods to show differences in cost of living and standards of living across countries.

GDP (PPP) measures the total economic output of a country, adjusted for cost of living and purchasing power, to allow fair comparisons between nations. According to the World Bank, the GDP (PPP) of ...

Findings by the World Inequality Lab in 'Global Justice Report: A Plan for Equality and Prosperity With Planetary Boundaries' indicated that India is likely to ...