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Purchasing Power Parity, usually abbreviated to PPP, is a method of standardising economic statistics, especially GDP numbers. PPP involves comparing the purchasing power of different currencies in different periods or nations to find an approximate convertible value. This is useful for comparing average wealth across countries where the cost of basic goods and services may differ widely. PPP can also be used by traders to make informed decisions when participating in the financial markets.
A common economic metric used to compare the wealth of different economies is GDP at PPP. This takes the gross domestic product of a region or country and converts it according to the purchasing power of one dollar in that economy. GDP at purchasing power parity provides a more realistic measure of personal wealth and value generated per individual when compared to raw GDP numbers.
ADSS offers a range of global markets for traders, with CFD opportunities in indices, commodities, forex, equities and more. We also feature tutorials, how-to guides, and weekly webinars to help you navigate the financial markets and find better trading opportunities. You can start trading and investing online by opening a live trading or demo trading account.
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ADS Securities LLC – S.P.C (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates under First Category: Dealing in Securities and Fifth category: Arrangement and advice (Introduction). ADSS is a Limited Liability Company – Sole Proprietorship Company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.
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ADSS is an execution only service provider and does not provide advice. ADSS may publish general market commentary from time to time. Where it does, the material published does not constitute advice, or a solicitation, or a recommendation to a transaction in any financial instrument. ADSS accepts no responsibility for any use of the content presented and any consequences of that use. No representation or warranty is given as to the completeness of this information. Anyone acting on the information provided does so at their own risk.
