Purchasing power parity (PPP) offers us the best estimates (which economists accept for international comparisons) that display the relative purchasing power of goods and services which humans need for their livelihood within the several nations displayed in United States dollars (as shown on the comparative data table). The Indian PPP figures are nearly three times the GDP/capita values for India and the PPP for the United States is lower than United States GDP/capita.

The all India per capita gross domestic product figure is calculated as a population weighted average of the state specific per capita state domestic product figures. (Government) In the case of Kerala, as compared to other Indian states, the Kerala purchasing power parity was multiplied by 1.2 to account for remittances from outside Kerala (Dre'ze(a) p 210) for the comparisons used in this analysis---a 20 percent addition to the Indian government calculation of Kerala domestic product. (Krishnan)

(Directory)  March 20 2000