Austria AT: PPP Conversion Factor: Private Consumption

Austria AT: PPP Conversion Factor: Private Consumption data was reported at 0.720 EUR/Intl $ in 2024. This records an increase from the previous number of 0.718 EUR/Intl $ for 2023. Austria AT: PPP Conversion Factor: Private Consumption data is updated yearly, averaging 0.878 EUR/Intl $ from Dec 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 0.952 EUR/Intl $ in 1995 and a record low of 0.716 EUR/Intl $ in 2022. Austria AT: PPP Conversion Factor: Private Consumption data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Austria – Table AT.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. They convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for household final consumption expenditure and the base currency is the US dollar.;International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, publisher: International Comparison Program, type: International statistical program, date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/all_themes, publisher: Eurostat, type: International statistical program; The OECD PPP Programme, Organisation for Economic Co-operation and Development (OECD), uri: https://data-https://data-explorer.oecd.org/, publisher: OECD;No aggregation provided for this indicator.;

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