The purchasing power standard (KKS) is a fictitious unit independent of the national currency, which switches distortions off due to differences in the price level. They are determined on the basis purchasing power parities (KKP), which from one mix representative goods and services of a country are computed. KKS become in 100 express. If the value is larger than 100, then the country has GROS DOMESTIC PRODUCT per head over that European Union average (and in reverse).

Articles in category "Purchasing power standard"

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• Purchasing power parity - Wikipedia, the free encyclopedia
  In economics, purchasing power parity (PPP) is a theory which says that the ... The main reasons why PPP does not perfectly reflect standards of living are ...


• purchasing power parity: Information From Answers.com
  purchasing power parity To meet Wikipedia's quality standards , this article or section may require cleanup.


• THE MEASURE OF GDP PER CAPITA IN PURCHASING POWER STANDARDS (PPS)
  The comparison, for a given period, of the real GDPs of OECD countries, ie in purchasing power standards (PPS), is a very important indicator among the wide ...