Author: bnbalenda
12116View
6m 20sLenght
47Rating

This video is about the top 30 richest countries in the world by GDP(PPP), which is different from GDP Nominal and GDP Per Capita. GDP Purchasing Power Parity definintion(English): An economic theory that estimates the amount of adjustment needed on the exchange rate between countries in order for the exchange to be equivalent to each currency's purchasing power. The relative version of PPP is calculated as: S = P1/P2 Where: "S" represents exchange rate of currency 1 to currency 2 "P1" represents the cost of good "x" in currency 1 "P2" represents the cost of good "x" in currency 2 In other words, the exchange rate adjusts so that an identical good in two different countries has the same price when expressed in the same currency. For example, a chocolate bar that sells for C$1.50 in a Canadian city should cost US$1.00 in a U.S. city when the exchange rate between Canada and the U.S. is 1.50 USD/CDN. (Both chocolate bars cost US$1.00.) PIB PPA Définintion(Français): La parité de pouvoir d'achat (PPA) est un taux de conversion monétaire qui permet d'exprimer dans une unité commune les pouvoirs d'achat des différentes monnaies. Ce taux exprime le rapport entre la quantité d'unités monétaires nécessaire dans des pays différents pour se procurer le même « panier » de biens et de services. Ce taux de conversion peut être différent du « taux de change » ; en effet, le taux de change d'une monnaie par rapport à une autre reflète leurs valeurs réciproques sur les marchés financiers internationaux et non leurs valeurs intrinsèques pour un consommateur. List of countries by GDP (PPP) http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) Song title: Speak to the Angels by 009 Sound System List of countries by GDP (PPP) per capita http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita Music: Speak to Angels by 009 Sound System