Regional Price Parities allow comparisons of buying power across the 50 states and the District of Columbia, or from one metro area to another, for a given year. Price levels are expressed as a percentage of the overall national level.

India IN: Purchasing Power Parity: National Currency per USD: Single Hit Scenario data was reported at 21.619 USD/INR in 2021. This stayed constant from the previous number of 21.619 USD/INR for 2020. India IN: Purchasing Power Parity: National Currency per USD: Single Hit Scenario data is updated yearly, averaging 12.579 USD/INR from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 21.619 USD/INR in 2021 and a record low of 7.946 USD/INR in 1995. India IN: Purchasing Power Parity: National Currency per USD: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: Exchange Rate: Forecast: Non OECD Member: Annual. PPP - Purchasing power parity, national currency per USD

United States US: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 1.000 % in 2017. This stayed constant from the previous number of 1.000 % for 2016. United States US: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 1.000 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1.000 % in 2017 and a record low of 1.000 % in 2017. United States US: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;

Japan JP: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.876 % in 2017. This records a decrease from the previous number of 0.922 % for 2016. Japan JP: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 1.256 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1.856 % in 1995 and a record low of 0.849 % in 2015. Japan JP: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;

China Purchasing Power Parity: National Currency per USD data was reported at 3.432 USD/RMB in 2026. This records a decrease from the previous number of 3.466 USD/RMB for 2025. China Purchasing Power Parity: National Currency per USD data is updated yearly, averaging 2.859 USD/RMB from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 4.094 USD/RMB in 2018 and a record low of 1.329 USD/RMB in 1983. China Purchasing Power Parity: National Currency per USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Exchange Rate: Forecast: Non OECD Member: Annual. PPP - Purchasing power parity, national currency per USD

At **** U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the January 2025 Big Mac index. Concurrently, the cost of a Big Mac was **** dollars in the U.S., and **** U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.

India IN: Purchasing Power Parity: National Currency per USD data was reported at 20.381 USD/INR in 2025. This records an increase from the previous number of 20.155 USD/INR for 2024. India IN: Purchasing Power Parity: National Currency per USD data is updated yearly, averaging 14.596 USD/INR from Dec 1995 (Median) to 2025, with 31 observations. The data reached an all-time high of 20.728 USD/INR in 2021 and a record low of 7.959 USD/INR in 1995. India IN: Purchasing Power Parity: National Currency per USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: Exchange Rate: Forecast: Non OECD Member: Annual. PPP - Purchasing power parity, national currency per USD

Between 2008 and 2022, Brazil's purchasing power parity has increased continuously. In 2008, the PPP was approximately **** NCU per U.S. dollars, whereas in 2023 it reached **** NCU. In the latter year, Brasília, the capital of Brazil, was the sixth city in Latin America and the Caribbean with the highest local purchasing power. Purchasing power parity indicates the number of units in the national currency (NCU) needed to buy the same amount of goods and services in a given country compared to those needed in the United States. This conversion aims to equalize the purchasing power among countries, by eliminating the differences in prices.

Nigeria NG: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.336 % in 2017. This records a decrease from the previous number of 0.371 % for 2016. Nigeria NG: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.192 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 0.539 % in 2014 and a record low of 0.076 % in 1993. Nigeria NG: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;

China Purchasing Power Parity: National Currency per USD: Single Hit Scenario data was reported at 4.188 USD/RMB in 2021. This stayed constant from the previous number of 4.188 USD/RMB for 2020. China Purchasing Power Parity: National Currency per USD: Single Hit Scenario data is updated yearly, averaging 2.810 USD/RMB from Dec 1982 (Median) to 2021, with 40 observations. The data reached an all-time high of 4.204 USD/RMB in 2018 and a record low of 1.328 USD/RMB in 1983. China Purchasing Power Parity: National Currency per USD: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Exchange Rate: Forecast: Non OECD Member: Annual. PPP - Purchasing power parity, national currency per USD

United States US: GDP: PPP data was reported at 19,390,604.000 Intl $ mn in 2017. This records an increase from the previous number of 18,624,475.000 Intl $ mn for 2016. United States US: GDP: PPP data is updated yearly, averaging 11,892,799.000 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 19,390,604.000 Intl $ mn in 2017 and a record low of 5,979,589.000 Intl $ mn in 1990. United States US: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

MX: Purchasing Power Parity: National Currency per USD data was reported at 9.660 USD/MXN in 2023. This records a decrease from the previous number of 9.682 USD/MXN for 2022. MX: Purchasing Power Parity: National Currency per USD data is updated yearly, averaging 6.554 USD/MXN from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 9.942 USD/MXN in 2021 and a record low of 0.018 USD/MXN in 1981. MX: Purchasing Power Parity: National Currency per USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Mexico – Table MX.OECD.MSTI: Exchange Rate: OECD Member: Annual.

In Mexico, beginning with the 2004 data, the Business enterprise survey register was increased to include large firms not previously identified as R&D performers. The first R&D surveys based on the Frascati Manual covered the period 1992-93. Earlier data for R&D performed in the Government sector are based on national estimates and do not exactly correspond to the recommendations of the Frascati Manual.

Norway NO: Purchasing Power Parity: National Currency per USD data was reported at 8.819 USD/NOK in 2026. This records an increase from the previous number of 8.786 USD/NOK for 2025. Norway NO: Purchasing Power Parity: National Currency per USD data is updated yearly, averaging 8.944 USD/NOK from Dec 1960 (Median) to 2026, with 67 observations. The data reached an all-time high of 10.042 USD/NOK in 2016 and a record low of 6.706 USD/NOK in 1960. Norway NO: Purchasing Power Parity: National Currency per USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Norway – Table NO.OECD.EO: Exchange Rate: Forecast: OECD Member: Annual. PPP - Purchasing power parity, national currency per USD

Germany DE: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.785 Ratio in 2023. This records an increase from the previous number of 0.735 Ratio for 2022. Germany DE: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 1.047 Ratio from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 1.344 Ratio in 1995 and a record low of 0.735 Ratio in 2022. Germany DE: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Price level ratio is the ratio of a purchasing power parity (PPP) conversion factor to an exchange rate. It provides a measure of the differences in price levels between countries by indicating the number of units of the common currency needed to buy the same volume of the aggregation level in each country. At the level of GDP, they provide a measure of the differences in the general price levels of countries.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;;

Russia had the highest GDP per capita based on purchasing-power-parity (PPP) among the presented Eurasian countries between 2010 and 2023 and was forecast to remain in the leading position in the following years. However, Kazakhstan was predicted to close the gap with Russia slowly by 2029. What are the largest economies in Eurasia? At an estimated *** trillion U.S. dollars, Russia had the largest GDP among the Eurasian countries in 2024. The country generated most of its wealth through its energy sector, given that a high percentage of its industrial and agricultural sectors was privatized in the 1990s. Ranking second and third were Kazakhstan and Ukraine, whose GDP amounted to approximately *** billion U.S. dollars and *** billion U.S. dollars, respectively. Looking at national debt, Ukraine demonstrated the highest ratio to GDP, at over ** percent in 2024. Despite exhibiting the second-lowest figure in the region, Russia’s national debt was forecast to increase in the years until 2029. Inflation in Eurasia The highest inflation rate in Eurasia was recorded in Uzbekistan, at around ** percent in 2024. It was followed by Kazakhstan and Russia, where consumer prices were estimated to grow by approximately *** percent and *** percent relative to the previous year, respectively. As of January 2024, monthly expenses on the basic food basket occupied around ** percent of the official minimum wage in Moldova. At the same time, in Uzbekistan, the minimum wage was just enough to cover basic food expenses.

Purchasing power parity of Pakistan shot up by 18.99% from 56.2 LCU per international dollars in 2023 to 66.9 LCU per international dollars in 2024. Since the 6.42% jump in 2014, purchasing power parity soared by 121.03% in 2024. 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. This conversion factor is for GDP.

Purchasing power parity indicates the number of units in the national currency (NCU) needed to buy the same number of goods and services in a given country compared to those needed in the United States. This conversion aims to equalize the purchasing power among countries, by eliminating the differences in prices. Between 2008 and 2022, Italy's purchasing power parity decreased. In 2008, the PPP was approximately **** NCU per U.S. dollars, whereas it decreased to *** NCU in 2022.

Angola AO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.287 Ratio in 2023. This records a decrease from the previous number of 0.370 Ratio for 2022. Angola AO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.294 Ratio from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 0.692 Ratio in 2012 and a record low of 0.147 Ratio in 1999. Angola AO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Angola – Table AO.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Price level ratio is the ratio of a purchasing power parity (PPP) conversion factor to an exchange rate. It provides a measure of the differences in price levels between countries by indicating the number of units of the common currency needed to buy the same volume of the aggregation level in each country. At the level of GDP, they provide a measure of the differences in the general price levels of countries.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;;

Bangladesh BD: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.279 Ratio in 2023. This records a decrease from the previous number of 0.321 Ratio for 2022. Bangladesh BD: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.329 Ratio from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 0.412 Ratio in 1990 and a record low of 0.268 Ratio in 2006. Bangladesh BD: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bangladesh – Table BD.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Price level ratio is the ratio of a purchasing power parity (PPP) conversion factor to an exchange rate. It provides a measure of the differences in price levels between countries by indicating the number of units of the common currency needed to buy the same volume of the aggregation level in each country. At the level of GDP, they provide a measure of the differences in the general price levels of countries.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;;

Purchasing power parity of Mexico rose by 2.12% from 9.9 LCU per international dollars in 2023 to 10.1 LCU per international dollars in 2024. Since the 2.43% decline in 2022, purchasing power parity went up by 2.78% in 2024. 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. This conversion factor is for GDP.