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In wikipedia if visit any country article I see GDP in the right . Whats Difference btwn GDP nominal and PPP?

by Guest66325  |  earlier

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In wikipedia if visit any country article I see GDP in the right . Whats Difference btwn GDP nominal and PPP?

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  1. GDP nominal is coveted to dollars using exchange rates

    GDP PPP(Purchasing power parity) is converted to dollars using the cost  of natives of the country  typical consumption basket of goods   in the country and in the US. (Purchasing power parity)

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