In this article, we shall discuss the 50 poorest countries based on GDP per capita (2023 PPP). To skip our detailed analysis of global poverty and the efforts underway to alleviate poverty rates and ...

Ever wonder why a McDonald’s burger costs much more in the US than in India? Of course, because people earn higher incomes on average in the US. But the technical term for this is purchasing power ...

GDP is the total market value of final goods and services produced within a country's borders during a specified period. Final goods are those purchased by the end user, meaning that GDP excludes ...

Purchasing Power Parity (PPP) is an economic metric that compares the relative value of currencies by considering the cost of goods and services in different countries. It provides a more accurate ...

PPP-based GDP per capita (map 1.1) and PPP-based household consumption per capita are sometimes considered indicators of the material well-being of individuals and households within an economy.

According to a recent 2025 ranking by Global Finance Magazine (GFMAG), Singapore is now the richest country in the world by ...

Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of production.” ...

Germany may be the sick man of Europe, but the industrial powerhouse is still top dog in terms of gains in real GDP growth for now. But not for long. A three-year long recession is eating into the big ...