Italy vs Spain: PPP conversion factor, households and NPISHs Final consumption expendi
PPP conversion factor, households and NPISHs Final consumption expendi over time
- Italy
- Spain
How they compare
Italy currently reports 0.6448 LCU per international $ against 0.6079 LCU per international $ in Spain, a difference of 0.037 LCU per international $.
That makes Italy's figure about 1.1 times Spain's.
Across all 36 years both countries report, Italy has been ahead every year.
Globally, Italy ranks 179th and Spain ranks 182nd of 205 countries.
Individual pages
About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. They convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for households and NPISHs Final consumption expenditure and the base currency is the US dollar.