-8
"We are the largest economy in Europe, despite pressure from every side": Russian President Putin (m.economictimes.com)
submitted 2 years ago by to c/worldnews@lemmy.ml
6 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 18 points 2 years ago (1 child)

Purchase Power Parity only works domestically. Once you venture out in the world, things cost what they cost, no matter how little your populace makes.

  • permalink
  • fedilink
  • source
  • hideshow 2 child comments
    •
  • [–] 1 point 2 years ago*

    It makes zero sense, but of course tankies will be happy to parade it around. The are well after the 50th in GDP per capita PPP, and probably much lower if would look at actual consumption. In total GDP, outside of top 10

  • permalink
  • fedilink
  • source
  • parent