Saturday, January 21, 2017

Purchasing power parity - Measurement - OECD comparative price levels

According to the chart, an American living or travelling in Switzerland on an income denominated in US dollars would find that country to be the most expensive of the group, having to spend 62% more US dollars to maintain a standard of living comparable to the USA in terms of consumption.



Reference 1: Price level (USA = 100)[16].

Reference 2: Australia, Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, South Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom and United States.

Source: http://en.wikipedia.org/wiki/Purchasing_power_parity


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