It is doing very fine. Thank you. https://www.marketwatch.com/story/indonesia-s-third-quarter-...
Since you are cherry picking examples, here are some more cherries. Countries where the amount of $ one needs to spend to get equivalent of $100 goods in USA:
Country $
------------
Turkey 36
Poland 52
Hungary 56
Mexico 56
Spain 84
Korea 88
Italy 89
Germany 95
Source: Wikipedia
First world countries:
All close to 100. Developing nations:
Are all much lower. Seems like enough cherries to me to conclude that developing nations with weaker economies have a higher PPP adjustment.
It is doing very fine. Thank you. https://www.marketwatch.com/story/indonesia-s-third-quarter-...
Since you are cherry picking examples, here are some more cherries. Countries where the amount of $ one needs to spend to get equivalent of $100 goods in USA:
Country $
------------
Turkey 36
Poland 52
Hungary 56
Mexico 56
Spain 84
Korea 88
Italy 89
Germany 95
Source: Wikipedia