An acquiring force equality (PPP) between two nations, X
& Z is the proportion of the quantity of units of nation A's coin expected
to buy in nation A the same amount of a particular decent or administration as
one unit of nation B's money will buy in nation B. PPPs can be communicated in
the money of both of the nations. By and by, they are normally processed among
extensive quantities of nations and communicated regarding a solitary money,
with the U.S. dollar (US$) most generally utilized as the base or
"numeraire" coin" - Global Purchasing Power Parities and Real Usage.
According to 2005 International Comparison Program. The latest World Bank
report of economy is show in charts below:
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