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Purchasing power parities


PURCHASING POWER PARITIES AT GDP LEVEL (ЕU-27_2020=1) 1
Country Gross domestic product
2023*
EU-27_2020 1
Euro area 20 (BE, DE, IE, GR, EE, ES, FR, IT, LV,LT, LU, NL, AT, PT, SI, FI, CY, MT, SK, HR) 1.04677
Austria 1.13000
Belgium 1.12052
Bulgaria 1.18540
Germany 1.12582
Greece 0.82575
Denmark 9.75648
Estonia 0.89963
Ireland 1.19683
Spain 0.91000
Italy 0.96450
Cyprus 0.89879
Latvia 0.80488
Lithuania 0.76977
Luxembourg 1.31702
Malta 0.89543
Netherlands 1.17789
Poland 3.00511
Portugal 0.82799
Romania 2.87095
Slovakia 0.80954
Slovenia 0.86537
Hungary 272.23860
Finland 1.22108
France 1.07378
Croatia 0.68893
Czechia 20.06812
Sweden 13.59958

Source: EUROSTAT, Database: PPP domain/26.03.2024.
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
2023*
EU-27_2020 1
Euro area 20 (BE, DE, IE, GR, EE, ES, FR, IT, LV, LT, LU, NL, AT, PT, SI, FI, CY, MT, SK, HR) 1.05303
Austria 1.17757
Belgium 1.18354
Bulgaria 1.11176
Germany 1.09930
Greece 0.84335
Denmark 10.67243
Estonia 0.94031
Ireland 1.44241
Spain 0.93361
Italy 0.99158
Cyprus 0.93691
Latvia 0.82265
Lithuania 0.76916
Luxembourg 1.50744
Malta 0.90834
Netherlands 1.21549
Poland 2.88692
Portugal 0.85721
Romania 2.76497
Slovakia 0.82337
Slovenia 0.90694
Hungary 264.94696
Finland 1.27896
France 1.06942
Croatia 0.71745
Czechia 19.89403
Sweden 13.94370

Source: EUROSTAT, Database: PPP domain/26.03.2024.
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
26.03.2024