[Southack]

"WRONG! GDP per capita is the Purchasing Power Parity per Capita, and not what is produced per capita."

No, PPP is an adjustment formula. It's what the CIA Factbook uses to give civilians a concept of how far the Chinese Yuan goes in China for a Chinese factory worker's salary, versus what an American can buy in the U.S. on a U.S. salary. Goods in China have different prices than goods in the U.S., after all, so a smaller paycheck goes further in China than in the U.S.

But GDP is the real sum of what a nation produces. GDP per capita is that GDP sum divided by the number of people in your country. No adjustment. Just how many widgets per worker were made.

[GarySpFc]

No, PPP is an adjustment formula. It's what the CIA Factbook uses to give civilians a concept of how far the Chinese Yuan goes in China for a Chinese factory worker's salary, versus what an American can buy in the U.S. on a U.S. salary. Goods in China have different prices than goods in the U.S., after all, so a smaller paycheck goes further in China than in the U.S.
But GDP is the real sum of what a nation produces. GDP per capita is that GDP sum divided by the number of people in your country. No adjustment. Just how many widgets per worker were made.

DEAD WRONG! On each of the CIA World Fact Book page for each country it clearly defines GDP as Purchasing Power Parity. Now, it doesn't take a rocket scientist to see that GDP per capita is not what is produced per person, but what their wages will purchase compared to those in other countries.