Descriptor English: | Purchasing Power Parity | ||||||
Descriptor Spanish: |
Paridad del Poder Adquisitivo
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Descriptor Portuguese: | Paridade do Poder de Compra | ||||||
Descriptor French: | Parité de Pouvoir d'Achat | ||||||
Tree number(s): |
SP1.852.365.799 |
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Scope note: | Adjustment that eliminates the distortions generated by the different price levels of a product, homogenizing the value of one or several products to be bought, to the same base currency. It is usually used to compare the total production of goods and services of one country with respect to another or to a group of countries. For comparative purposes, it is necessary to express the total production to the same base currency, since each country expresses its production in a local currency unit and this could be influenced by a high price level or vice versa. (Free translation from: https://bit.ly/2gNLzvf) |
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Allowable Qualifiers: | No qualifiers | ||||||
History Note: | 2019 |
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DeCS ID: | 58009 | ||||||
Unique ID: | DDCS058009 | ||||||
Documents indexed in the Virtual Health Library (VHL): | Click here to access the VHL documents |
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Purchasing Power Parity
- Preferred
Concept UI |
FD00062277 |
Scope note | Adjustment that eliminates the distortions generated by the different price levels of a product, homogenizing the value of one or several products to be bought, to the same base currency. It is usually used to compare the total production of goods and services of one country with respect to another or to a group of countries. For comparative purposes, it is necessary to express the total production to the same base currency, since each country expresses its production in a local currency unit and this could be influenced by a high price level or vice versa. (Free translation from: https://bit.ly/2gNLzvf) |
Preferred term | Purchasing Power Parity |
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