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Purchasing Power Parities for Policy Making: A Visual Guide to Using Data from the International Comparison Program

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dc.contributor.authorWorld Bank
dc.date.accessioned2021-06-10T21:13:43Z
dc.date.available2021-06-10T21:13:43Z
dc.date.issued2021-06-10
dc.description.abstractThe International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank under the auspices of the United Nations Statistical Commission. It produces comparable price and volume measures of gross domestic product (GDP) and its expenditure aggregates across economies. Through a partnership with international, regional, sub-regional and national agencies, the ICP collects price data and GDP expenditures to estimate purchasing power parities (PPPs) for the world’s economies. This guide provides an overview of how data and indicators based on these ICP outputs are used in a host of analyses, including monitoring progress towards the Sustainable Development Goals, to inform policy making across the socioeconomic spectrum at the national, regional, and international levels. Seventy charts and maps illustrating these uses are organised under eleven policy-focused chapters: the size of the economy and price levels; poverty and inequality; trade and competitiveness; labor costs, wages, and social safety nets; food and nutrition; health; education; energy and climate; infrastructure; human development; and administrative uses. The indicators are produced by the World Bank and other organizations including Eurostat, the Food and Agriculture Organization, the International Energy Agency, the International Labour Organization, the International Monetary Fund, the International Telecommunication Union, the Organisation for Economic Co-operation and Development, the United Nations Development Program, the United Nations Educational, Scientific and Cultural Organization, the World Economic Forum, and the World Health Organization. The guide also highlights notable uses of underlying ICP data on food prices and on public sector wages, as well as the wealth of data from the ICP database itself, such as price levels, real expenditures, and expenditure shares for aggregates below GDP for each economy. In addition, the guide includes a comprehensive chapter on the uses and limitations of PPPs and analyses for which they are appropriate, as well as a technical note outlining the concepts and definitions of terms used. A web-based version (https://www.worldbank.org/en/programs/icp/brief/PPPs-for-Policy ) is also available, and more information can be found on icp.worldbank.org.en
dc.identifierhttp://documents.worldbank.org/curated/en/779381623349931051/Purchasing-Power-Parities-for-Policy-Making-A-Visual-Guide-to-Using-Data-from-the-International-Comparison-Program
dc.identifier.doi10.1596/35736
dc.identifier.urihttps://hdl.handle.net/10986/35736
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectPURCHASING POWER PARITY
dc.subjectPOVERTY MEASUREMENT
dc.subjectPOVERTY LINE
dc.subjectINEQUALITY
dc.subjectSHARED PROSPERITY
dc.subjectTRADE
dc.subjectCOMPETITIVENESS
dc.subjectPRODUCTIVITY
dc.subjectLABOR COSTS
dc.subjectWAGES
dc.subjectFOOD SECURITY
dc.subjectFOOD CONSUMPTION
dc.subjectHEALTH EXPENDITURE
dc.subjectEDUCATION EXPENDITURE
dc.subjectENERGY EFFICIENCY
dc.subjectINFORMATION AND COMMUNICATION TECHNOLOGY
dc.subjectINFRASTRUCTURE
dc.subjectHUMAN DEVELOPMENT INDEX
dc.subjectGENDER DEVELOPMENT INDEX
dc.subjectBETTER LIFE INDEX
dc.subjectINTERNATIONAL COMPARISON PROGRAM
dc.titlePurchasing Power Parities for Policy Makingen
dc.title.subtitleA Visual Guide to Using Data from the International Comparison Programen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.date.disclosure2021-06-10
okr.date.doiregistration2025-04-15T11:13:49.072908Z
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/779381623349931051/Purchasing-Power-Parities-for-Policy-Making-A-Visual-Guide-to-Using-Data-from-the-International-Comparison-Program
okr.guid779381623349931051
okr.identifier.externaldocumentum090224b0886c6fe4_2_0
okr.identifier.internaldocumentum33163029
okr.identifier.report160254
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/779381623349931051/pdf/Purchasing-Power-Parities-for-Policy-Making-A-Visual-Guide-to-Using-Data-from-the-International-Comparison-Program.pdfen
okr.sectorFinancial Sector
okr.topicMacroeconomics and Economic Growth::Inflation
okr.topicPoverty Reduction::Poverty Lines
okr.topicScience and Technology Development::Research and Development
okr.topicScience and Technology Development::Statistical & Mathematical Sciences
okr.unitICP Global Office (DECIC)
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