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Purchasing Power Parities

Time series : ECP_2.1_EN.xls

PURCHASING POWER PARITIES AT GDP LEVEL (ЕС-27_2020=1) 1
Country Gross domestic product
2018 2019* 2020*
EU-27_2020 1 1 1
Euro area 19 (BE, DE, IE, GR, EE, ES, FR, IT, LV, LT, LU, NL, AT, PT, SI, FI, CY, MT, SK) 1.051893 1.053501 1.056362
Austria 1.128574 1.133055 1.143219
Belgium 1.130054 1.127297 1.115644
Bulgaria 1.002796 1.035606 1.053889
Germany 1.084406 1.104074 1.104953
Greece 0.832873 0.827637 0.827286
Denmark 9.976354 9.983232 9.925896
Estonia 0.794388 0.811676 0.802387
Ireland 1.168108 1.215497 1.198941
Spain 0.931576 0.930734 0.938903
Italy 1.004446 0.996381 0.993393
Cyprus 0.903035 0.905800 0.916020
Latvia 0.722395 0.738292 0.738137
Lithuania 0.658534 0.666939 0.681794
Luxembourg 1.251639 1.266930 1.293642
Malta 0.865109 0.863779 0.877033
Netherlands 1.145300 1.167796 1.158313
Poland 2.578025 2.627040 2.679509
Portugal 0.842265 0.846923 0.850848
Romania 2.455884 2.521587 2.555411
Slovakia 0.775580 0.792919 0.805039
Slovenia 0.836934 0.837575 0.840688
Hungary 205.089587 213.349396 222.686894
Finland 1.258835 1.268895 1.264518
France 1.114955 1.085796 1.088432
Croatia 4.882090 4.880077 4.860402
Czechia 18.241620 18.614246 19.144938
Sweden 13.072599 13.226086 13.091331
United Kingdom 1.014024 1.011409 1.031081
Iceland 207.858412 213.158156 224.006421
Norway 14.131453 14.662993 15.144706
Switzerland 1.738219 1.730523 1.705690
Albania 62.374851 62.242016 63.598788
Bosnia and Herzegovina 0.994447 1.000385 1.001714
Republic of North Macedonia 27.943104 27.943105 28.327686
Serbia 60.460082 60.965963 62.507130
Turkey 2.407257 2.831496 3.288072
Montenegro 0.513642 0.507064 0.504340

Source: EUROSTAT, Database:PPP domain/15.12.2021.
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.
* Preliminary data
PURCHASING POWER PARITIES FOR ACTUAL INDIVIDUAL CONSUMPTION (ЕС-27_2020=1) 1
Country Actual Individual Consumption
2018 2019* 2020*
EU-27_2020 1 1 1
Euro area 19 (BE, DE, IE, GR, EE, ES, FR, IT, LV, LT, LU, NL, AT, PT, SI, FI, CY, MT, SK) 1.059918 1.061373 1.064078
Austria 1.171676 1.177136 1.191911
Belgium 1.171589 1.170705 1.163566
Bulgaria 0.930812 0.961989 0.997353
Germany 1.062211 1.077160 1.074924
Greece 0.841414 0.842398 0.848989
Denmark 10.609944 10.628594 10.611291
Estonia 0.795996 0.820928 0.823533
Ireland 1.356536 1.375985 1.420060
Spain 0.968131 0.966972 0.980483
Italy 1.043822 1.031050 1.029532
Cyprus 0.932211 0.941897 0.949900
Latvia 0.721236 0.738968 0.744216
Lithuania 0.634619 0.644193 0.665612
Luxembourg 1.414512 1.444145 1.499497
Malta 0.870307 0.875031 0.914395
Netherlands 1.176953 1.189092 1.187408
Poland 2.405768 2.462660 2.518031
Portugal 0.859075 0.868331 0.879474
Romania 2.347958 2.402104 2.413993
Slovakia 0.784987 0.799521 0.824401
Slovenia 0.862018 0.865487 0.872315
Hungary 198.717680 206.518052 214.690261
Finland 1.267176 1.283092 1.290835
France 1.109330 1.096738 1.092671
Croatia 4.918075 4.979824 5.014292
Czechia 17.425462 17.802472 18.567762
Sweden 13.734625 13.944154 13.818029
United Kingdom 1.081664 1.073310 1.099000
Iceland 228.661453 235.240382 237.478061
Norway 14.803194 15.304018 15.798281
Switzerland 1.949486 1.946466 1.929955
Albania 63.069822 63.402732 66.264538
Bosnia and Herzegovina 1.002253 1.004565 1.015623
Republic of North Macedonia 27.638733 27.780394 28.366776
Serbia 58.886427 59.452125 61.512876
Turkey 2.264717 2.612871 3.077350
Montenegro 0.521065 0.516007 0.534538

Source: EUROSTAT, Database:PPP domain/15.12.2021.
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.
* Preliminary data
15.12.2021