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| French
Equivalent: Parité de pouvoir d’achat (PPA) |
| Definition: |
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A purchasing power parity (PPP) is a price relative which measures the number of units of country B’s currency that are needed in country B to purchase the same quantity of an individual good or service as 1 unit of country A’s currency will purchase in country A.
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| Source
Publication: |
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SNA 16.82.
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Theme: Prices and purchasing power parities - Purchasing power parities |
| Created
on Tuesday, September 25, 2001 |
| Last
updated on Friday, November 30, 2001 |
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