List of countries by GDP (PPP) per capita
Ireland has, more or less, stopped using GDP to measure its own economy. Comparisons of national wealth are frequently made on the basis of nominal GDP and savings not just income , which do not reflect differences in the cost of living in different countries see List of countries by GDP nominal per capita ; hence, using a PPP basis is arguably more useful when comparing generalized differences in living standards between nations because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using only exchange rates , which may distort the real differences in income. Nominal By country past and projected per capita per capita.
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