CONCEPTS AND DEFINITIONS
Eurostat's Concepts and Definitions Database

 

Term
Purchasing power standard
Term extension
National accounts
Definition
Purchasing Power Standard (PPS) shall mean the artificial common reference currency unit used in the European Union to express the volume of economic aggregates for the purpose of spatial comparisons in such a way that price level differences between countries are eliminated. Economic volume aggregates in PPS are obtained by dividing their original value in national currency units by the respective PPP. 1 PPS thus buys the same given volume of goods and services in all countries, whereas different amounts of national currency units are needed to buy this same volume of goods and services in individual countries, depending on the price level.
Source
Working Party on National Accounts (Input-output tables, Community accounts, Financial accounts)
Link(s) to statistical data
- Does not exist!
Statistical theme(s)
  • Economy and Finance
  • Other languages
    Term Term extension    
  • Kaufkraftstandard
  • Volkswirtschaftliche Gesamtrechnungen View (Deutsch)
  • Standard de pouvoir d'achat
  • Comptes nationaux View (Fran├žais)
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