This link is even better for a young malleable brain like yours. I know you are thirsty for knowledge. Keep on learningUsed by OECD, UNDP, UNIDO, IMF etc..
Hehehe 😀 Nice one!It's good to grow old. It's awesome to have wrinkled ballz, who wouldn't want those? They are wrinkled in the first place!
Phew!! Back to LDC again?
Which means, Tanzanians have a higher purchasing power than Kenya when an internationally agreed basket of goods and services are used as a basis.I did not say it is not used totally but for the purpose of country to country comparison, GDP norminal is better preferred. Ngoja nikupostie link from Wikipedia ya GDP hizo mbili ndio ufahamu tofauti. By the way World bank huwa inatumia GDP norminal kucalculate GNI. As I have said, kama GDP PPP ingekuwa soooo important then China ingekuwa the biggest economy in the world na Tanzania ingekuwa bigger than Kenya. But unfortunately for you, GDP PPP is usually used only as an indicator of purchasing power of one country relative to another. Yaani mzungu akiwa na $100 anaeza purchase more goods in T.Z than in Kenya. Or to put it differently goods in T.Z are cheaper than in Kenya
Link ndio hii babu. Jifunze kitu Leo.
Purchasing Power Parity - Simple English Wikipedia, the free encyclopedia
Huna jipya. Nimeshinda!This link is even better for a young malleable brain like yours. I know you are thirsty for knowledge. Keep on learning
GDP (nominal) vs GDP (PPP) - StatisticsTimes.com
Hahaha you're a funny guy so you think an average danganyikan is at the same level with an average American in terms of purchasing power? 70% of Tanzanians survive on less than a dollar a day.Which means, Tanzanians have a higher purchasing power than Kenya when an internationally agreed basket of goods and services are used as a basis.
This is the most effective way of comparing Gross Domestic Product of countries.
Haha shika hii shilingi kumi, nenda kanunue maembe sokoni ukule kwa sababu umeshinda.Huna jipya. Nimeshinda!
But it was one hell of a debate bro. I enjoyed itHuna jipya. Nimeshinda!
Are you serious?Hahaha you're a funny guy so you think an average danganyikan is at the same level with an average American in terms of purchasing power? 70% of Tanzanians survive on less than a dollar a day.
Tanzania Mainland Poverty Assessment: A New Picture of Growth for Tanzania EmergesAre you serious?
US GDP per capita PPP is 57,000$ while Tanzania's is a bit over 3,000$.