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Purchasing power parities and the real size of world economies - a comprehensive report of the 2017 international comparison program (Paperback)
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Purchasing power parities and the real size of world economies - a comprehensive report of the 2017 international comparison program (Paperback)
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The 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. The report
provides ICP results for the benchmark year 2017 and revised
results for earlier years. ICP data are used for socio-economic
analyses by researchers, academics, policy makers at the national
and international levels, and by organizations such as the European
Union, the International Monetary Fund, the Organization for
Economic Co-operation and Development, the United Nations, and the
World Bank. Notably, PPPs and ICP data are used in indicators
monitoring progress towards eight goals of the United Nations' 2030
Agenda for Sustainable Development, the World Bank's international
poverty lines, and the construction of the Human Development Index
by the United Nations, among others. The use of PPPs continues to
grow and the ICP website (icp.worldbank.org) lists many
applications of the data by the development community, academia,
media and others.
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