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Q: Purchasing Power Parity ( Answered,   0 Comments )
Subject: Purchasing Power Parity
Category: Business and Money > Economics
Asked by: esher-ga
List Price: $100.00
Posted: 12 Dec 2005 08:07 PST
Expires: 11 Jan 2006 08:07 PST
Question ID: 604815
Broadly speaking, what is the respective purchasing power parities
(PPP) of; Netherlands, Italy, Denmark, Spain, Lebanon & Dubai relative
to the UK as a base number.

i.e. if the UK is "1" or "100%" what number are the above countries.
Subject: Re: Purchasing Power Parity
Answered By: pafalafa-ga on 12 Dec 2005 09:30 PST

Thanks for an interesting question.

The most recent (2004) data for per-capita national income, adjusted
for PPP, can be found here:
GNI per capita 2004, Atlas method and PPP

The PPP values for the countries you asked about (using UAE as the
value for Dubai) are as follows:

Denmark 31,550

United Kingdom 31,460

Netherlands 31,220

Italy 27,860

Spain 25,070

United Arab Emirates 21,000

Lebanon 5,380


Normalizing the PPP to a value of UK=100 gives us:

Denmark 100.29

United Kingdom 100.00

Netherlands 99.24

Italy 88.56

Spain 79.69

United Arab Emirates 66.75

Lebanon 17.10


I trust this information fully answers your question.

However, please don't rate this answer until you have everything you
need.  If there's anything more I can do for you, just post a Request
for Clarification, and I'm happy to assist you further.


search strategy -- Searched the Worldbank site for [ ppp gni ] based
on my knowledge of this topic.
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