Top 100 Countries by GDP – Purchasing Power Parity

By

March 15, 2024
Download article

PPP allows us to understand and make comparisons between two countries about the price of the same goods and services in both countries. Thus, a PPP analysis shows the price of the same goods and services in different economies, adjusted for parity. A high PPP implies that a basic set of essential goods and services is cheaper inside India, for an Indian consumer, than the same basket would be for a consumer in Japan, Germany or the UK.

This analysis has used the PPP at Current International $, using World Bank data.


Found this post insightful? Share it with your network and help spread the knowledge.

Suggested Reads

Presumption of Innocence: Principle of Law and Undertrial Prisoners in India

By Anusha Arif

Background A quote often attributed to a Russian author, Dostoevsky, and quoted as a closing statement for prison reform and correctional facilities discourses, stands at the center of how prisons reflect on society. Fyodor Dostoevsky, in The House of the Dead (1862), states, “The degree of civilisation in a society can be judged by entering […]

Victims of Platform Capitalism: Psychological Harm, Algorithmic Control, and Gig Work in India

By Tanvi Saxena

Introduction Gig work is often presented as a hallmark of “platform capitalism,” where technology firms organise labour into on-demand tasks through smartphone applications (Saxena, 2026). India has over 7.7 million gig workers and this number is expected to grow fourfolds by 2029–30, with the sector potentially contributing 1.2% to the country’s GDP. According to the […]

India’s New Labour Codes: Beyond the Binary of Public Debates

By Yugank Mishra

Introduction Closing 2025, the central government announced the implementation of the 4 labour codes, effective from 21st November, 2025. In an overhaul of the existing national labour regulatory system, the new labour codes rationalize 29 existing labour laws into 4 codes – the Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, […]

Industrial Geography of Indian States: Comparing the Organized Manufacturing Sector of Maharashtra & Uttar Pradesh –

By Tharakesh A S, Alok Kumar, Supriya Sah, Prince Bharadia. Varish Agarwal, Shreya Agarwal, Medha Gupta

Industrial Geography of Indian States: Comparing the Organized Manufacturing Sector of Maharashtra & Uttar Pradesh –  Background & Rationale Regional disparity in economic performance for a country like India, whose individual states fare larger than entire countries, is a truism. Debates abound whether these divergences are organically linked in the manner of ‘core’ and ‘periphery’ […]

Role of MGNREGS in Dealing with Climate Change: A Case of Demand-Based Programmes- MGNREGS in Drought-Prone Areas of Madhya Pradesh

By Sai Ankit Parashar

Abstract The Mahatma Gandhi National Rural Employment Scheme (MGNREGS) is the world’s largest social protection programme (World Bank, 2012). Enacted in India in 2005, it guarantees 100 days of employment, in a year, to poor families, keeping the local government at the centre of the implementation of the program. The 73rd Amendment recognizes the village […]