The other uses the purchasing power parity (PPP) exchange rate—the rate at which the ... but about 15 percent with market-based weights. For India, the figures are about 7 percent and 3 percent, ...

A method to allow for comparison of household purchasing power across countries ... For example: PPP Country X <-> Netherlands = 103: For every euro spent in the Netherlands, you need to spend 103 in ...

This transformation highlights the growing importance of these regions in the global economic landscape, driven by rising incomes, changing demographics, and evolving consumer preferences.