Observations

2010: 3.36969

Updated: Sep 17, 2012 9:53 AM CDT

Units:

National Currency Units per US Dollar,

Not Seasonally Adjusted

Frequency:

Annual

Notes

Title	Release Dates

Purchasing Power Parity over GDP 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

National Currency Units per US Dollar	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 2. 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. 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. For more information and proper citation see http://www.rug.nl/research/ggdc/data/pwt/pwt-7.1 Source Indicator: ppp	2012-07-26	2012-07-26

Purchasing Power Parity over GDP for China (PPPTT2CNA618NUPN)