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Purchasing Power Parity over GDP for Italy (PPPTTLITA618NUPN)

Observation:

2010: 0.80600  
Updated: Aug 31, 2012

Units:

National Currency Units per US Dollar,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max
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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 Italy [PPPTTLITA618NUPN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PPPTTLITA618NUPN, December 12, 2018.

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