IDA blend GDP Purchasing Power Parity

IDA blend GDP Purchasing Power Parity

IDA blend economy graph showing purchasing power parity (PPP) growth from 2000 to today. Purchasing power parity adjusts the size of the economy to relevant price levels, i.e. measuring the price of specific goods in different countries and adjusting GDP accordingly.

Nations classified under the IDA blend category exhibit a GDP per capita (PPP) that is higher than low-income countries but still below the global average, indicating transitional economies. Their economies typically include a mix of agriculture, light industry, and emerging services.