Purchasing power parity (PPP) in Italy 2008-2022

Published by
Lorenzo Macchi,
Aug 30, 2024

Purchasing power parity indicates the number of units in the national currency (NCU) needed to buy the same number of goods and services in a given country compared to those needed in the United States. This conversion aims to equalize the purchasing power among countries, by eliminating the differences in prices. Between 2008 and 2022, Italy's purchasing power parity decreased. In 2008, the PPP was approximately 0.78 NCU per U.S. dollars, whereas it decreased to 0.6 NCU in 2022.

Purchasing power parity (PPP) in Italy from 2008 to 2022 (NCU per U.S. dollar)

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Release date

2024

Region

Italy

Survey time period

2008 to 2022

Supplementary notes

National currency units per U.S. dollar.

Release date set as last date of access.

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