GDP per capita PPP | Notes
The GDP per capita PPP given on this page shows PPP GDP at purchaser's prices divided by midyear population. Purchasing Power Parity GDP is gross domestic product converted to international dollars using purchasing power parity rates. Using a PPP basis is more useful when comparing generalized differences in living standards between nations because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using just exchange rates which may distort the real differences in income.