Austria AT: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

Austria AT: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.795 Ratio in 2023. This records an increase from the previous number of 0.738 Ratio for 2022. Austria AT: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 1.055 Ratio from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 1.281 Ratio in 1995 and a record low of 0.738 Ratio in 2022. Austria AT: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio 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. Price level ratio is the ratio of a purchasing power parity (PPP) conversion factor to an exchange rate. It provides a measure of the differences in price levels between countries by indicating the number of units of the common currency needed to buy the same volume of the aggregation level in each country. At the level of GDP, they provide a measure of the differences in the general price levels of countries.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;;

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