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PURCHASING POWER PARITY (PPPS) – SNA

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French Equivalent: Parité de pouvoir d’achat (PPA)

Definition:
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.

Source Publication:
SNA 16.82.

Cross References:
Purchasing power parities (PPPs) – OECD

Hyperlink:
http://esa.un.org/unsd/sna1993/introduction.asp

Version Indicator: SNA

Statistical Theme: Prices and purchasing power parities - Purchasing power parities

Created on Tuesday, September 25, 2001

Last updated on Friday, November 30, 2001