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 2020. Values are presented in $USD. Estimates are made when official data is not available.
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