another statistical analysis with a currency conversion squeezed in there somewhere
PPP does take account for currency conversion, and actually PPP is a currency conversion method, just not the market currency conversion.
But it’s not free from flaws, it says PPP adjusted according to 2017, I don’t think it makes an accurate comparison from 1994 to 2024 with just one year’s PPP rate
PPP does take account for currency conversion, and actually PPP is a currency conversion method, just not the market currency conversion.
But it’s not free from flaws, it says PPP adjusted according to 2017, I don’t think it makes an accurate comparison from 1994 to 2024 with just one year’s PPP rate