PURCHASING POWER PARITIES
PURCHASING POWER PARITIES AT GDP LEVEL; (ÅÑ-27=1) 1 ; 2000-2008
(1 PPS IN NATIONAL CURRENCY/EURO FIXED FOR EURO-AREA COUNTRIES)
Country 2000 2001 2002 2003 2004 2005 b 2006 2007* 2008*
EU-25 1.01107 1.01151 1.01185 1.01243 1.01308 1.01184 1.01217 1.01172 1.01325
EU-27 1 1 1 1 1 1 1 1 1
Euro area 16 (BE, DE, IE, GR, ES, FR, IT, LU, NL, AT, PT, SI, FI, CY, MT, SK) 2 1.00949 1.01331 1.01505 1.03363 1.03392 1.02553 1.02088 1.01526 1.03873
Austria 1.03503 1.06811 1.04788 1.04649 1.03764 1.05827 1.05147 1.06509 1.09171
Belgium 1.02435 1.03118 1.01222 1.03931 1.06387 1.07403 1.08402 1.09415 1.11501
Bulgaria 0.61936 0.650697 0.651038 0.659384 0.684698 0.715227 0.745494 0.787331 0.846804
UK 0.731202 0.729706 0.73426 0.758128 0.75057 0.759524 0.769373 0.789394 0.809735
Germany 1.1117 1.11254 1.1019 1.0854 1.06392 1.03496 1.0281 1.02367 1.04849
Greece 0.779436 0.781184 0.772099 0.814757 0.825368 0.852485 0.858374 0.875527 0.900237
Denmark 9.66808 9.86001 9.71272 10.099 9.9727 10.2557 10.222 10.2579 10.5059
Estonia 8.18789 8.68678 8.73865 8.89777 9.02168 9.3772 9.99233 10.6247 11.1035
Ireland 1.10589 1.15624 1.17445 1.19971 1.1938 1.20611 1.20826 1.1803 1.20554
Spain 0.843995 0.861383 0.858 0.890581 0.90091 0.913223 0.903121 0.896683 0.92775
Italy 0.939466 0.940482 0.989057 1.01009 1.03569 1.03468 1.02315 1.00988 1.02679
Cyprus 0.842232 0.842731 0.845976 0.882882 0.874589 0.868956 0.871478 0.868907 0.904872
Latvia 0.286329 0.289389 0.291933 0.306159 0.325153 0.360523 0.39989 0.468082 0.499921
Lithuania 1.74432 1.70261 1.66178 1.62121 1.66997 1.77482 1.86581 1.979 2.13352
Luxembourg 1.08054 1.10411 1.09313 1.11422 1.09492 1.13766 1.12257 1.1386 1.16204
Malta 0.639472 0.666658 0.663303 0.677994 0.671941 0.677564 0.689881 0.698719 0.722751
Netherlands 1.0262 1.05527 1.05518 1.09657 1.07876 1.06991 1.06576 1.05479 1.07896
Poland 2.11674 2.16669 2.13986 2.178 2.20871 2.23153 2.26396 2.27651 2.36029
Portugal 0.804435 0.821644 0.8284 0.835216 0.849786 0.817018 0.812484 0.816642 0.822583
Romania 0.72726 0.957082 1.15893 1.39954 1.54419 1.69893 1.76003 1.86212 1.98691
Slovakia 0.60437 0.607437 0.617447 0.656499 0.679464 0.675696 0.681476 0.676769 0.686509
Slovenia 0.611316 0.65809 0.688386 0.727503 0.724804 0.730188 0.74616 0.775534 0.805708
Hungary 124.037 128.842 134.398 142.572 149.881 153.527 157.742 161.973 163.808
Finland 1.14383 1.1779 1.1737 1.19545 1.1573 1.16671 1.16623 1.15599 1.18326
France 1.07966 1.06954 1.05872 1.10943 1.11542 1.10236 1.10824 1.09998 1.12348
Czeck Rep. 16.3403 16.56 16.7516 16.6027 16.9583 17.0921 17.2328 17.1687 17.5534
Sweden 10.5027 10.886 10.9405 11.0438 10.8046 11.1968 11.1514 10.9488 11.3239
EU Candidate ñountries
FYROM 22.7607 23.1417 23.3776 23.4159 22.6542 21.9546 21.9302 22.5132 23.8603
Turkey 0.325134 0.498491 0.716703 0.914861 0.963735 0.991696 1.04026 1.08037 1.17106
Croatia 4.23581 4.32333 4.37585 4.54471 4.58039 4.6745 4.78613 4.7223 4.98379
Other European EFTA countries
Island 96.9335 103.55 106.86 111.776 111.838 118.289 131.586 138.387 152.884
Norway 10.4952 10.6886 10.6591 10.7797 10.6654 10.6214 10.6694 10.8177 11.1264
Switzerland 2.12858 2.142 2.07203 2.10121 2.08134 2.08067 2.03618 1.96808 2.00788
Balkan countries
Albania . . . . . 52.1014 51.212 52.6818 52.9449
Bosnia amnd Herzegovina . . . . . 0.857415 0.875195 0.898054 0.923174
Serbia . . . . . 31.7152 34.4207 37.6563 41.0417
Montenegro . . . . . 0.419674 0.407644 0.428366 0.45729

Source: EUROSTAT, New Cronos Database; 18.12.2009;
1 The purchasing power parities (PPPs) measure the price ratios in the partner countries and are applied to convert the economic indicators to an artificial common currency called Purchasing power standard (PPS), which equalizes the purchasing power of different national currencies, i.e. 1 PPS buys the same given average volume of goods and services in all countries, whereas different amounts of national currency units are needed to buy this volume of goods and services, depending on the national price level.
2 - Euro area (EA11-2000, EA12-2006, EA13-2007, EA15-2008, EA16-2009)
b - break in time series: up to 2005 calculations are based on 33 countries' data - incl. Croatia and FYROM, 2006;2007;2008 - based on 37 countries' data
* Preliminary data

Published on 08.01.2010

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