Purchasing power parities (PPPs) are the rates of currency conversion that try to equalise the purchasing power of different currencies, by eliminating the differences in price levels between countries. The basket of goods and services priced is a sample of all those that are part of final expenditures: final consumption of households and government, fixed capital formation, and net exports. This indicator is measured in terms of national currency per US dollar.
Purchasing power parities (PPP)
Purchasing power parities (PPPs) are the rates of currency conversion that try to equalise the purchasing power of different currencies, by eliminating the differences in price levels between countries.
Indicator
Share
Facebook
Twitter
LinkedIn
Related data
-
DashboardEconomic growth always gets a lot of attention but when trying to determine how well people are doing it is also interesting to look at indicators that highlight households’ economic activity.
-
IndicatorLabour productivity and utilisation are indicators of economic effects from labour efficiencies.
-
IndicatorSaving rate is the amount of GDP that is saved by households, businesses and the government.