Credits to the following resources:
| Term | Definition |
|---|---|
| PPP (Purchasing Power Parity) | A way to compare the value of money in different countries by looking at what you can actually buy with it. It helps us understand how far your money goes in each place, making it easier to compare living costs across countries. |
| GDP per Capita | A measure of a country's economic output that accounts for its number of people. It divides the country's gross domestic product by its total population. |
| Income Level | The World Bank's classification of economies into four income groups: low, lower-middle, upper-middle, and high-income countries. This classification is based on GNI per capita. |