![]() The current versionĭownload the required file pwt100.xlsx from The PWT research team use the results of the ICP to convertĮach country’s GDP data to comparable (PPP) units. In Vancouver than in Houston, and a haircut is much cheaper in Mumbai Services vary dramatically across countries: housing is much more expensive The ICP data is needed to account for a simple economic reality: eachĬountry’s GDP is calculated using local prices, but prices of key goods and World Bank’s International Comparison Program (ICP).
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