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Purchasing power parities


PURCHASING POWER PARITIES AT GDP LEVEL (ЕU-27_2020=1) 1
Country Gross domestic product
2021*
EU-27_2020 1
Euro area 19 (BE, DE, IE, GR, EE, ES, FR, IT, LV,LT, LU, NL, AT, PT, SI, FI, CY, MT, SK) 1.054631
Austria 1.153876
Belgium 1.110756
Bulgaria 1.078610
Germany 1.112899
Greece 0.819290
Denmark 9.881267
Estonia 0.817705
Ireland 1.179866
Spain 0.935233
Italy 0.980414
Cyprus 0.918133
Latvia 0.757960
Lithuania 0.693637
Luxembourg 1.277213
Malta 0.883466
Netherlands 1.153140
Poland 2.749202
Portugal 0.858499
Romania 2.615165
Slovakia 0.811399
Slovenia 0.849075
Hungary 232.102422
Finland 1.245272
France 1.085655
Croatia 4.912669
Czechia 19.380491
Sweden 13.015733

Source: EUROSTAT, Database: PPP domain/23.03.2022.
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.
* Flash estimates
PURCHASING POWER PARITIES FOR ACTUAL INDIVIDUAL CONSUMPTION (ЕU-27_2020=1) 1
Country Actual Individual Consumption
2021*
EU-27_2020 1
Euro area 19 (BE, DE, IE, GR, EE, ES, FR, IT, LV, LT, LU, NL, AT, PT, SI, FI, CY, MT, SK) 1.063557
Austria 1.194611
Belgium 1.156615
Bulgaria 1.014752
Germany 1.087812
Greece 0.837565
Denmark 10.594766
Estonia 0.836828
Ireland 1.414801
Spain 0.973800
Italy 1.022991
Cyprus 0.951173
Latvia 0.751538
Lithuania 0.682353
Luxembourg 1.489512
Malta 0.907859
Netherlands 1.191427
Poland 2.587906
Portugal 0.880586
Romania 2.458886
Slovakia 0.828071
Slovenia 0.882234
Hungary 222.934641
Finland 1.286369
France 1.082963
Croatia 5.060916
Czechia 18.715704
Sweden 13.756260

Source: EUROSTAT, Database: PPP domain/23.03.2022.
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.
* Flash estimates
24.03.2022