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Home > Releases > Penn World Table 7.1 > Purchasing Power Parity over GDP for China (PPPTTLCNA618NUPN)

Purchasing Power Parity over GDP for China (PPPTTLCNA618NUPN)

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  Real-Time Period
Title Start     End     

Purchasing Power Parity over GDP for China 2012-07-26 Current
 
Source    

University of Pennsylvania 2012-07-26 Current
 
Release    

Penn World Table 7.1 2012-07-26 Current
 
Units    

National Currency Units per US Dollar 2012-07-26 Current
 
Frequency    

Annual 2012-07-26 Current
 
Seasonal Adjustment    

Not Seasonally Adjusted 2012-07-26 Current
 
Notes    

This data series refers to China Version 1. Two estimates are provided for China and their rationale is discussed in the Detailed Documentation. One estimate is based mostly on ICP 2005 and national growth statistics and is labeled China1. China1 does incorporate a productivity adjustment that has been applied to all countries in ICP 2005. China2 also adjusts for the urban character of its prices in ICP 2005 and also adjusts the growth rate. See more information at http://pwt.econ.upenn.edu/Downloads/pwt71/PWT%207.1%20Web.doc.

Note: Over GDP, 1 US dollar (US$) = 1 international dollar (I$). Purchasing power parity is the number of currency units required to buy goods equivalent to what can be bought with one unit of the base country. We calculated our PPP over GDP. That is, our PPP is the national currency value of GDP divided by the real value of GDP in international dollars. International dollar has the same purchasing power over total U.S. GDP as the U.S. dollar in a given base year. More information is available at http://pwt.econ.upenn.edu/Documentation/append61.pdf

For proper citation, see http://pwt.econ.upenn.edu/php_site/pwt_index.php

Source Indicator: ppp

2012-07-26 Current
 

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Academic Data > Penn World Table 7.1 > Purchasing Power Parity


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