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Price Level of GDP, average of GEKS-CPDW for China (PL2GDPCNA621NUPN)

Observations

2010: 54.23968
Updated: Sep 17, 2012 11:45 AM CDT
2010:  54.23968  
2009:  52.22435  
2008:  51.84307  
2007:  44.96920  
2006:  42.26855  

Units:

U.S.=100,
Not Seasonally Adjusted

Frequency:

Annual

Fullscreen

Notes

Title Release Dates
Price Level of GDP, average of GEKS-CPDW for China 2012-07-26 2012-07-26
 
Source    
University of Pennsylvania 2012-07-26 2012-07-26
 
Release    
Penn World Table 7.1 2012-07-26 2012-07-26
 
Units    
U.S.=100 2012-07-26 2012-07-26
 
Frequency    
Annual 2012-07-26 2012-07-26
 
Seasonal Adjustment    
Not Seasonally Adjusted 2012-07-26 2012-07-26
 
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.

Price Level of GDP is the PPP over GDP divided by the exchange rate times 100. The PPP of GDP or any component is the national currency value divided by the real value in international dollars. The PPP and the exchange rate are both expressed as national currency units per US dollar.The value of price level of GDP for the United States is made equal to 100. Price Levels of the components Consumption, Investment, and Government are derived in the same way as the price level of GDP. While the U.S. = 100 over GDP, this is not true for the component shares. The purchasing power parity in domestic currency per $US for GDP or any component, may be obtained by dividing the price level by 100 and multiplying by the Exchange Rate.

For more information and proper citation see http://www.rug.nl/research/ggdc/data/pwt/pwt-7.1

Source Indicator: p2

2012-07-26 2012-07-26

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Univ. of Pennsylvania China Penn World Table Gross Domestic Product Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted