Price level of household consumption
index, United States = 100
- Published value. Native scale: positive, unbounded; United States = 100.
- Transform: value (no transform).
- Goalposts (fixed for all years; 2.5th and 97.5th percentiles of all observed country-years): worst = 133 scores 0, best = 24.2 scores 100.
- Direction: lower is better, so the position is flipped (1 − position).
- Clip and scale: anything below the worst goalpost scores 0 and anything above the best scores 100; multiply by 100.
Where the numbers come from
- World Bank World Development Indicators / ICP produces the series — The World Bank computes the index as the ICP purchasing power parity for household consumption divided by the market exchange rate, with the United States set to 100.
Source statement as published by the data provider (verbatim)
World Development Indicators, World Bank (WB), uri: https://databank.worldbank.org/source/world-development-indicators, publisher: World Development Indicators
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.
Every country row below has a “verify” link to this series filtered to that country, so each value can be checked against the source.
History
Countries ranked on this indicator
206 countries have a usable value for 2024 (35 carried forward from an earlier year); 11 have none within 3 years.
No official value for 2024: 11 countries
Channel Islands, Cuba, Gibraltar, Isle of Man, Liechtenstein, St. Martin (French part), Monaco, Korea, Dem. People's Rep., Venezuela, RB, British Virgin Islands, Yemen, Rep.