List of countries by price level explained

The list of countries by price level contains shows countries by their price level index. The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other areas since 1990. The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries. It's measured using Purchasing Power Parities (PPPs), which help us understand how much money is needed to buy the same things in different places. Price level indexes (PLIs), with the world average set at 100, are calculated by dividing the purchasing power parities (PPPs), where 1 PPP equals 1 US dollar in the US, by the market exchange rates, also equated to 1 US dollar. These ratios are then adjusted to align with the global average, which is standardized at 100. When the PLI exceeds 100, it signifies that the prices in that economy are above the global average. Conversely, a PLI below 100 suggests that the prices are below the world average.[1]

List

Countries by global price level (World average=100)!Rank!County/Territory!Global price level
(% of world average)[2] !Year
1193.52021
2188.92021
3184.72021
4181.42021
5179.12021
6177.12021
7172.82021
8168.62021
9165.32021
10163.22021
11160.72021
12158.52021
13157.02021
14154.92021
15153.62021
16153.52021
17149.12021
18146.72021
19143.82021
20142.52021
21141.62021
22140.52021
23137.52021
24133.72021
25132.92021
26132.62021
27132.32021
28131.62021
29128.52021
30127.52021
31123.02021
32120.62021
33119.72021
34115.72021
35114.62021
36113.92021
37113.32021
38110.72021
39108.22021
40107.02021
41106.32021
42106.12021
43103.52021
44102.92021
45102.32021
46101.92021
47100.82021
48100.82021
4999.92021
5097.92021
5197.52021
5297.02021
5396.92021
5495.62021
5592.12021
5691.32021
5790.22021
5888.32021
5987.82021
6086.82021
6185.82021
6284.62021
6384.52021
6484.42021
6584.32021
6684.02021
6783.92021
6883.92021
6982.12021
7081.92021
7181.42021
81.42021
7380.72021
7480.42021
7579.42021
7679.32021
7779.22021
7879.12021
7978.32021
8077.72021
8176.92021
8276.42021
8372.92021
8472.42021
8572.02021
8671.12021
8770.82021
8870.72021
8970.02021
9069.82021
9169.62021
69.62021
69.62021
9469.12021
69.12021
9668.92021
9768.32021
9868.12021
9968.02021
10067.32021
10166.42021
10265.82021
65.82021
10465.72021
10565.62021
10665.42021
10764.82021
10864.42021
10963.72021
11063.22021
11163.22021
63.22021
11362.82021
11462.52021
11562.42021
11662.32021
62.32021
62.32021
11962.22021
12061.92021
12161.62021
12261.32021
12361.22021
61.22021
12560.82021
12660.72021
12760.32021
12859.72021
12958.62021
13058.42021
13158.22021
58.22021
13358.02021
58.02021
13557.92021
13657.82021
13757.12021
13856.42021
13955.72021
14055.42021
14155.32021
14255.22021
55.22021
14454.02021
14553.32021
53.32021
14753.12021
14852.92021
14952.72021
15052.62021
15152.32021
15251.92021
15351.02021
51.02021
15550.62021
15649.72021
15749.52021
15848.92021
15948.72021
16048.62021
48.62021
16248.42021
16348.12021
16448.02021
16547.52021
16646.62021
16745.52021
16845.42021
16944.82021
17044.42021
17144.22021
17243.72021
17343.62021
17443.02021
17543.02021
17642.62021
17742.52021
17842.42021
17942.32021
18042.02021
18141.52021
18239.02021
18338.72021
18438.02021
18537.32021
18636.62021
18735.62021
18830.72021
18926.42021

See also

Notes and References

  1. Web site: How does the ICP measure price levels across the world? . 2024-06-02 . World Bank Blogs . en.
  2. Web site: International Comparison Program (ICP) - Data . 2024-06-02 . World Bank . en.