In 2019, one unit of the Ethiopian currency (the Birr) was worth about $0.025 (in USD). But estimates are that 40 Birr spent within Ethiopia can buy about as many goods and services as $2.70 spent within the United States. GDP per capita in Ethiopia is about 1.3% of US GDP per capita when evaluated at the market exchange rate ($65 000 vs $860). How large is it relative to the US if we use purchasing power parity to compare incomes?

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