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fatslob-:O said:
Aeolus451 said:


http://www.insidermonkey.com/blog/10-richest-countries-in-the-world-by-2015-gdp-344692/

Where does it say ppp?

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)

According to the 2014 data from IMF, what you listed almost matches with the data that the IMF got when it came to PPP ... 

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

The actual list and order when it came to nominal GDP is described in the above second link ...


That's based on 2014 data. Also, PPP seems to be the standard way of measuring the economies so why bother with nominal?

"Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in theexchange rates of the country's currency.[2] Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population.[3]"

There's also flaws in using PPP but I think it's better suited for this discussion. 

 

Here's another source that uses GDP (PPP)

http://www.worldsrichestcountries.com/ 

 

The main reason why I posted all of that is too simply to counter the notion that china is poor.