Exploiting differences in the cost of living
graph | arbitrage in time and space
  GDP1
(US$ billiions)
GDP1
PPP adjusted
(US$ billions)
PPP
adjustment
factor2
Overseas purchasing power3:
(HK base)
         
Japan 4,841.60 3,394.40 0.70 0.67
United States4 9,837.40 9,612.70 0.98  0.93
France 1,294.20 1,426.60 1.10 1.05
United Kingdom 1,414.60 1,404.40 0.99  0.94
Germany 1,873.00 2,062.20 1.10 1.05
China (Hong Kong) 162.60 171.00 1.05  1.00
Korea, Republic of 457.20 821.70 1.80 1.71
Argentina 285.00 458.30 1.61 1.53
 
Source: United Nations Development Program. [online document] Human development reports / human development indicators 2002 / Search by countrys. Table 12 Economic Performance. (9 November 2002).
Note1:Zeros have been added to some of the figures for better table appearance. As the relative values are more important than the absolute values, little loss in accuracy results.
Note2: The PPP adjustment factors were obtained by dividing the PPP adjusted GDP by for each country or territory by its own GDP.
Note3: The overseas purchasing power ratios were obtaining by dividing each country's or territory's PPP adjustment factor by that of the base country.
Note4: Theoretically speaking US GDP and US PPP adjusted GDP should be identical. In practice they are not
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