Quote:
Originally Posted by Sarn
but it is wrong
1 CHINA $23,160,000,000,000 2017 EST.
2 EUROPEAN UNION $20,850,000,000,000 2017 EST.
3 UNITED STATES $19,390,000,000,000 2017 EST.
https://www.cia.gov/library/publicat...01rank.html#rs |
Sarn my dear friend this is Purchasing Power Parity not actual GDP; use nominal GDP for that here:
List of countries by GDP
PPP measures goods at the US price which they do not sell for to account for magnitude of production. Thus a bar of soap that sells for 10 Yuan in china and $2.49 in US are counted the same at $2.49.
Actuals 2017
1 United States 19,390,604
2 European Union[23] 17,277,698
3 China 12,237,700