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> ..Indonesia.. It is doing very fine. Thank you. https://www.marketwatch.com/story/indonesia-s-third-quarter-gdp-growth-accelerated-further-271667796494 https
by achow 4y ago
> ..Indonesia..
It is doing very fine. Thank you. https://www.marketwatch.com/story/indonesia-s-third-quarter-gdp-growth-accelerated-further-271667796494 https://www.marketwatch.com/story/indonesia-s-third-quarter-...
Since you are cherry picking examples, here are some more cherries. Countries where the amount of $ one needs to spend to get equivalent of $100 goods in USA:
Country $
------------
Turkey 36
Poland 52
Hungary 56
Mexico 56
Spain 84
Korea 88
Italy 89
Germany 95
Source: Wikipedia
- dahfizz 4y agoHmm, There is a certain trend here.... First world countries: Spain 84 Korea 88 Italy 89 Germany 95 All close to 100. Developing nations: Turkey 36 Poland 52 Hungary 56 Mexico 56 Are all much lower. Seems like enough cherries to me to conclude that developing nations with weaker economies have a higher PPP adjustment.