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Purchasing Power Parity over GDP for Australia (PPPTTLAUA618NUPN)

Observation:

2010: 1.29565 (+ more)   Updated: Aug 31, 2012 2:32 PM CDT
2010:  1.29565  
2009:  1.28400  
2008:  1.28118  
2007:  1.29185  
2006:  1.29081  
View All

Units:

National Currency Units per US Dollar,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: University of Pennsylvania  

Release: Penn World Table 7.1  

Units:  National Currency Units per US Dollar, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Note: Over GDP, 1 US dollar (US$) = 1 international dollar (I$). Purchasing power parity is the number of currency units required to buy goods equivalent to what can be bought with one unit of the base country. We calculated our PPP over GDP. That is, our PPP is the national currency value of GDP divided by the real value of GDP in international dollars. International dollar has the same purchasing power over total U.S. GDP as the U.S. dollar in a given base year.

For more information and proper citation see http://www.rug.nl/research/ggdc/data/pwt/pwt-7.1

Source Indicator: ppp

Suggested Citation:

University of Pennsylvania, Purchasing Power Parity over GDP for Australia [PPPTTLAUA618NUPN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PPPTTLAUA618NUPN, June 15, 2024.

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