Long abstract

Purchasing Power Parities

The Statistics Directorate of the OECD is working with a number of non-member countries to calculate purchasing power parities that can be used as currency converters to enable inter-country comparisons to be made of GPD and related aggregates. Exchange rates cannot be used for this purpose because, unlike purchasing power parities, they do not correct for differences in the price levels between countries.

The aim of this book is to help the reader to better understand how to use economic statistics in general and OECD statistics in particular.

Understanding Economic Statistics: an OECD perspective

presents important statistical issues to the international community of statisticians, economists, policy makers and researchers.

The Statistics Brief