411 REFERENCE · Wiktionary
Kaufkraftparität
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
German
Etymology
de :af Kauf<t:purchase> Kraft<t:power> Parität<t:parity>
de Kauf Kraft Parität purchase power parity
Pronunciation
de [ˈkaʊ̯fkʁaftpaʁiˌtɛːt]
de De-Kaufkraftparität.ogg <<Germany>> (<<Berlin>>)
de Kauf kraft pa ri tät
Noun
f
de economics purchasing power parity the rate of currency conversion that equalizes the purchasing power of different currencies by eliminating the differences in price levels between countries
de Berechnet nach der Kaufkraftparität, ist die Wirtschaftskraft mancher Schwellenländer deutlich höher als nominal angegeben. Calculated according to purchasing power parity, the economic strength of some emerging markets is significantly higher than nominally stated.
Declension
f
Synonyms
de KKP common abbreviation
de Kaufkraftausgleich rarely used in technical contexts
Antonyms
de Nominalkurs the current market exchange rate
Coordinate terms
de Warenkorb the set of goods used to compare price levels
de Big-Mac-Index an informal way of measuring PPP based on the price of a McDonald's burger
de Wechselkurs the actual price of one currency in terms of another
de Inflation the rate at which purchasing power decreases over time
de Bruttoinlandsprodukt (BIP) often adjusted for PPP to compare economic output
Related terms
de kaufkräftig possessing high purchasing power
de Paritätskurs parity rate