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TheOldBarn

Purchasing Power Parity

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5. Report for Selected Countries and Subjects

You will find notes on the data and options to download the table below your results.
       Shaded cells indicate IMF staff estimates
Country Subject Descriptor Units Scale Country/Series-specific Notes 2017 2018 2019 2020 2021 2022 2023 2024
China Gross domestic product, current prices Purchasing power parity; international dollars Billions See notes for:  Gross domestic product, current prices (National currency). 23,189.898 25,270.066 27,331.166 29,609.091 32,038.093 34,581.357 37,274.675 40,147.772
United States Gross domestic product, current prices Purchasing power parity; international dollars Billions See notes for:  Gross domestic product, current prices (National currency). 19,485.400 20,494.050 21,344.667 22,198.116 23,059.653 23,922.822 24,812.956 25,728.734

Notes

 

 

Trade wars, seem to be about companies wishing only to gain more profits. And meanwhile, China's economy is already bigger than our own. Purchasing power parity. 

Whereby each country that has enough people and enough resource, and a legitimate government could survive on its own accord.

I don't know why that does not seem logical enough. 

Take China. They have approximately three times the population of the US. The Yuan = 0.15 of the US dollar. The Chinese do not need the US markets. I know, I used to go to Canada, to buy beer, and gas, and textiles. I could buy a lot of beer, and gas, and textiles with my dollar in Canada.

And Those Canadians, they would be willing to sell it. For them, those Canadians, it was a good thing that I would come and spend US dollars, and to me it seemed to also be a good thing, because in Canada, stuff that was the same was a whole lot cheaper. I could go to Canada and buy the same thing for less. 

 

It made me want to go to Canada. To buy stuff. 

 

Peace!

 

 

 

 

 

 

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