Portugal vs Venezuela: Price level index
Price level index over time
- Portugal
- Venezuela
How they compare
Venezuela currently reports 62.5 GDP against 60.37 GDP in Portugal, a difference of 2.14 GDP.
Across all 22 years both countries report, Portugal has been ahead every year.
Globally, Portugal ranks 62nd and Venezuela ranks 60th of 203 countries.
Individual pages
About this data
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. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.