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How is PPP measured?

Measurement of Purchasing power parity (PPP) is done by estimating the values of a basket of consumer goods that are found in different nations. It is measured in US Dollars. You can read about the Methods of GDP Estimation in the given link.

Further readings:

  1. Poverty – A Multidimensional Challenge
  2. Economic Planning in India 

Related Links

Economy Questions in UPSC Prelims [2013-2020]

Cashless Economy in India

Green GDP: Notes for UPSC

Measurements of National Income

G20 Talks on Economic Crisis: RSTV- Big Picture

National Income and its Accounting

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