Purchasing Power of US Dollars in Other Countries

One popular macroeconomic analysis metric to compare economic productivity and standards of living between countries is purchasing power parity (PPP). PPP is an economic theory that compares different countries' currencies through a "basket of goods" approach.

Purchasing Power Ranking Based on 2021 Data

Based on data of 

• Purchasing power parities (PPP), and 
• Exchange rates

from [1].  The below table ranks the purchasing power of using US dollars to purchase the same basket of goods in different countries.  For example, 

In Columbia, you can purchase 2.76 times of the same basket of goods as you do in USA.

Country	Purchasing Power of USD
Georgia	3.37
Zambia	3.23
India	3.19
Turkey	3.18
Madagascar	3.18
Indonesia	3.01
Colombia	2.76
Russia	2.69
North Macedonia	2.67
Cameroon	2.45
Albania	2.41
Romania	2.38
Senegal	2.35
Morocco	2.33
Bulgaria	2.30
Argentina	2.20
Brazil	2.14
Poland	2.10
Saudi Arabia	2.10
South Africa	2.06
Mexico	2.02
Hungary	1.96
Croatia	1.94
Costa Rica	1.87
Lithuania	1.82
Chile	1.76
Czech Republic	1.68
Latvia	1.67
Singapore	1.60
Slovak Republic	1.56
Estonia	1.54
Greece	1.54
China (People's Republic of)	1.54
Slovenia	1.49
Portugal	1.48
Malta	1.43
Cyprus	1.38
Spain	1.35
Korea	1.35
Hong Kong, China	1.33
Italy	1.29
European Union (27 countries, 2020)	1.27
Euro area (19 countries)	1.20
France	1.17
Germany	1.14
Belgium	1.14
Netherlands	1.10
Austria	1.10
Japan	1.09
Ireland	1.07
United Kingdom	1.05
Finland	1.02
Canada	1.00
United States	1.00
Luxembourg	0.99
Sweden	0.98
Denmark	0.95
New Zealand	0.95
Australia	0.92
Norway	0.89
Israel	0.85
Iceland	0.84
Switzerland	0.83

References

1. Purchasing power parities (OECD Data)