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GDP price levels relative to the US

What you should know about this indicator

Price level ratio is the ratio of a purchasing power parity (PPP) conversion factor to an exchange rate. It provides a measure of the differences in price levels between countries by indicating the number of units of the common currency needed to buy the same volume of the aggregation level in each country. At the level of GDP, they provide a measure of the differences in the general price levels of countries.

Statistical concept and methodology: For more information on underlying GDP in current international dollar, please refer to the metadata for "GDP, PPP (current international $)" [NY.GDP.MKTP.PP.CD]. For more information on market exchange reate, please refer to the metadata for "DEC alternative conversion factor (LCU per US$)" [PA.NUS.ATLS]. For the concept and methodology of PPP, please refer to the International Comparison Program (ICP)’s website (https://www.worldbank.org/en/programs/icp).

Source
Multiple sources compiled by World Bank (2024) – processed by Our World in Data
Last updated
May 20, 2024
Next expected update
May 2025
Date range
1990–2022
Unit
GDP

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Sources and processing

This data is based on the following sources

The World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially-recognized international sources. It presents the most current and accurate global development data available, and includes national, regional and global estimates.

Retrieved on
May 20, 2024
Retrieved from
https://datacatalog.worldbank.org/search/dataset/0037712/World-Development-Indicators
Citation
This is the citation of the original data obtained from the source, prior to any processing or adaptation by Our World in Data. To cite data downloaded from this page, please use the suggested citation given in Reuse This Work below.
World Bank's World Development Indicators (WDI).

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Citations

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To cite this page overall, including any descriptions, FAQs or explanations of the data authored by Our World in Data, please use the following citation:

“Data Page: GDP price levels relative to the US”. Our World in Data (2024). Data adapted from Data compiled from multiple sources by World Bank. Retrieved from https://ourworldindata.org/grapher/gdp-price-levels-relative-to-the-us [online resource]
How to cite this data

In-line citationIf you have limited space (e.g. in data visualizations), you can use this abbreviated in-line citation:

Multiple sources compiled by World Bank (2024) – processed by Our World in Data

Full citation

Multiple sources compiled by World Bank (2024) – processed by Our World in Data. “GDP price levels relative to the US” [dataset]. Data compiled from multiple sources by World Bank, “World Development Indicators” [original data]. Retrieved November 24, 2024 from https://ourworldindata.org/grapher/gdp-price-levels-relative-to-the-us