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REAL FINAL EXPENDITURES

Statistics Directorate    
Definition:
National final expenditures on GDP that have been converted to a common currency and valued at a uniform price level with PPPs. Expenditures so converted reflect only volume differences between countries.

Context:
Also referred to as “real values”.

Source Publication:
Eurostat, OECD, 2007, Eurostat-OECD Methodological Manual on Purchasing Power Parities, OECD, Paris – Annex VII, Glossary of terms and abbreviations.

Statistical Theme: Prices and purchasing power partities

Created on Thursday, July 12, 2007

Last updated on Thursday, July 12, 2007