Examination of the Purchasing Power Parity (PPP) value of each country.
Global Firepower tracks the Purchasing Power Parity (abbreviated as PPP) of each GFP participant. PPP serves as an economic adjustor to satisfy exchange rates between countries in relation to exhange of similar goods. This can have a positive or negative effect on domestic currencies in play as well as supply-and-demand. The equation allows for calculation of the same price of a specified item across two domestic currencies which can then be used to determine the relative value of other goods.
Data presented on this list is through 2021. Values are presented in $USD. Estimates are made when official data is not available.
The GlobalFirepower.com logo is a trademark of this website and is protected by all applicable domestic and international intellectual property laws. The published content of the pages contained herein is unique to this website (unless where indicated) and not for reuse in any form. About: GlobalFirepower.com is an annually-updated, statistics-based website tracking defense-related information of 138 nations and exists as a wholly-independent resource.
Part of the Military Factory network of sites that includes MilitaryFactory.com and WDMMA.org. For more data-driven content, consider AmericanPresidents.net which takes a unique look at the modern American voter since 1960.