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> GDP per capita is misleading that's why is better to use Purchasing Power Parity indexes, for example Mexico is 14th in Nominal GDP with 1,183B USD, but in
by pacofvf 13y ago
> GDP per capita is misleading
that's why is better to use Purchasing Power Parity indexes, for example Mexico is 14th in Nominal GDP with 1,183B USD, but in PPP terms it is the 11th with 1,758B USD. The country as a whole has a GDP per capita PPP of 15K USD, but Mexico City has a GDP per capita PPP of 44K USD. It's a very big country with a lot of inequality between urban and rural population.