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Uploaded on Wednesday 22 Feb 2012 by GRID-Arendal

Gross National Income (GNI) per capita, for the Caspian Sea region countries

Year: 2007
From collection: Vital Caspian Graphics
Author: Philippe Rekacewicz, UNEP/GRID-Arendal
Description:
Purchasing power parity (PPP) measures how much a currency can buy in terms of an international benchmark (usually dollars), since the cost of goods and services differs between countries. PPP is below the value of a US dollar in countries where the general price index is lower than in the US (as is the case for all five Caspian states -Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan, to varying extents), and above it where the prices are higher.
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