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GDP price levels relative to the US

Our World in Data on April 9th 2022

Figures correspond to the 'price level ratio of PPP conversion factors to market exchange rates'. It measures differences in price levels at the gross domestic product (GDP) level. A value below 1 indicates the the market exchange rate underestimates the real value of the currency once domestic prices are taken into account.

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Topics in this document

Finance Economics Gross domestic product Exchange rate Political economy Money Economy Economies Macroeconomics Financial economics International trade Purchasing power parity Financial markets World economy Market (economics) Trade Crowds Monetary economics

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Cited by 1 other policy document (0 of them are from other policy sources)