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GDP/capita, PPP$ inflation-adjusted Gross domestic product per person adjusted for differences in purchasing power (in international dollars) GDP per capita is an important indicator of economic performance and a useful unit to make cross-country comparisons of average living standards and economic wellbeing. However, GDP per capita is not a measure of personal income and using it for cross-country comparisons also has some known weaknesses. In particular, GDP per capita does not take into account income distribution in a country. In addition, cross-country comparisons based on the U.S. dollar can be distorted by exchange rate fluctuations and often don’t reflect the purchasing power in the countries being compared. Check out my new channel! https://www.youtube.com/channel/UC5rk7kipOysx9SnCET3ExDA/ If you like the video, please leave a thumbs up and subscribe! :) SUBSCRIBE: https://www.youtube.com/channel/UCz4kY16AdRQXTchn0MyvzJQ?sub_confirmation=1 Facebook: https://www.facebook.com/TheMoreYK/?view_public_for=2291513970910162 Twitter: https://twitter.com/TheMore87717710 Instagram: Themoreyk Track: Lost Sky - Need You [NCS Release] Music provided by NoCopyrightSounds. Watch: https://youtu.be/ZpsV5SGa5R4 Free Download / Stream: http://ncs.io/NeedYou ... https://www.youtube.com/watch?v=HftyeF2yy3g