Total GDP on PPP basis has to be one of the most idiotic bullshit comparisons I have ever heard. Makes zero sense. Per capita GDP PPP comparison could at least pretend to be meaningful, but of course they would be far behind in that

[–] wildncrazyguy@kbin.social -4 points 10 months ago* (last edited 10 months ago)

I mean, like every tool, it serves a purpose. It’s just that in this case, they are using a really large hoe and pretending it’s the biggest and best shovel.

Petrostates and nations that are heavily reliant on one primary industry tend to have high PPP, look at Gabon, Brunei and Kuwait as oil examples or Bahamas, Antigua and Barbuda and Syria for other examples.