Nominal GDP per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore using a basis of GDP at purchasing power parity (PPP) is arguably more useful when comparing differences in living standards between nations.
lag verb. âº [I or T] to not make as much âprogress as other âpeople or things: lag behind sb/sth Business âleaders in the UK still lag behind their âEuropean âcounterparts in âforeign âlanguage âskills.lag well/far behind As usual we lag far behind the rest of the âworld in this matter.
In electronic hardware development, input lag is the delay between an electronic input signal being generated (pressing a button as above) and processed (IO ports have been read, and memory updated to reflect the state of the input). In this field, the phenomena detailed below, are referred to as Output Lag.