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What does GDP at PPP mean?

It means Gross Domestic Product (GDP) per capita based on purchasing power parity (PPP). Using purchasing power parity rates, GDP is converted to international 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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