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Purchasing power parity (PPP)

Purchasing power parity (PPP). Data are sourced from the World Bank, International Comparison Program database. One dataset is provided: PPP conversion factor, GDP (LCU per international $).

Description

Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States.*

Citations

  1. PPP conversion factor, GDP (LCU per international $). World Bank, International Comparison Program database.

Source

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