Question

Compare the GNI Index PPP and GDP PPP between Brazil and the United States for years 2015 and 2016.

GNI per capita PPP Brazil for 2015 is:

GNI per capita PPP United States for 2016 is:

GDP per capita PPP Brazil for 2015 is:

GDP per capita PPP United States for 2016 is:

Answer 1

Solution

GNI per capita PPP Brazil for 2015 is: $15,280

GNI per capita PPP United States for 2016 is :$58,700

GDP per capita PPP Brazil for 2015 is: $15,617.30

GDP per capita PPP United States for 2016 is: 57,638.20

- GNI per capita PPP of U.S for for 2016 $58,700 which is approx. 3.84 times of Brazil (for 2015)

- GDP per capita PPP United States for 2016 57,638.20 is approx.3.69 times of Brazil (for 2015)

GNI is gross national income which GDP plus income (salary and investements) from this citizens living abroad.

So Brazil fares little better in terms of GDP than GNI in comparision to United States.So it can be said that U.S is getting more advantage of the " income from its citiens abroad" component when compared to Brazil.Earnings of U.S citiens abroad is much higher than earnings of Brazil citiens working abroad.So their remittances also follow the same pattern.

Hope this helps !! Please feel free to comment incase you require any additional point(s). I will definitely provide them.