Well.. it depends what you but with that money. If you only buy Russian goods (lol) then PPP makes sense. Foreign imports? Not so much. Of course Chinese cars and some goods presumably would be quite a bit cheaper than in Italy due to no tariffs.
Russia has 40% larger GDP (PPP) than Italy according to these figures. Purchasing power parity includes the fact that Russia has a small purchasing power, which makes this figure larger than the real dollar GDP.
Yep, BigMac is real, 'real dollar GDP' is not.
> real dollar GDP' is not.
So you are saying that PPP adjusted GDP is not real and that you believe that Italy actually has larger GDP than Russia (which it does if we measure it in actual non-adjusted money/$)?