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purchasing power parity

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IMF: By nominal GDP the US is ahead of China; by purchasing power parity China outpaces the US by 37%

Visual Capitalist, based on the IMF's October World Economic Outlook forecast, compared the 20 largest economies by nominal GDP and purchasing power parity for 2026. In nominal terms the US stands at $32.6 trillion versus China's $21.5 trillion; by PPP China is at $44.6 trillion international dollars, roughly 37% higher than the US figure.

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