Purchasing power parities, price level indices, nominal and real in United States of America
United States of America: Purchasing power parities, price level indices, nominal and real was 1.57 in 2024. ▲ Rising
Purchasing power parities, price level indices, nominal and real in United States of America, 1995–2024
Source: Eurostat.
Analysis
In 2024, purchasing power parities, price level indices, nominal and real in United States of America stood at 1.57.
The figure is up 1.6% on the previous year and up 12.3% over ten years.
Over the whole period, purchasing power parities, price level indices, nominal and real in United States of America peaked at 1.6 in 2022 and was at its lowest, 1.18, in 1996.
That places United States of America 15th out of 49 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Purchasing power parities, price level indices, nominal and real in United States of America, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1.19 | — |
| 1996 | 1.18 | -1.1% |
| 1997 | 1.19 | +1.3% |
| 1998 | 1.2 | +0.6% |
| 1999 | 1.2 | -0.4% |
| 2000 | 1.2 | +0.6% |
| 2001 | 1.21 | +0.4% |
| 2002 | 1.22 | +1.0% |
| 2003 | 1.22 | -0.2% |
| 2004 | 1.22 | +0.5% |
| 2005 | 1.22 | -0.2% |
| 2006 | 1.26 | +3.0% |
| 2007 | 1.27 | +0.7% |
| 2008 | 1.29 | +1.7% |
| 2009 | 1.32 | +2.7% |
| 2010 | 1.32 | -0.2% |
| 2011 | 1.34 | +1.6% |
| 2012 | 1.35 | +0.9% |
| 2013 | 1.39 | +2.3% |
| 2014 | 1.4 | +0.7% |
| 2015 | 1.39 | -0.3% |
| 2016 | 1.44 | +3.5% |
| 2017 | 1.46 | +1.1% |
| 2018 | 1.47 | +1.3% |
| 2019 | 1.54 | +4.3% |
| 2020 | 1.57 | +1.8% |
| 2021 | 1.57 | +0.1% |
| 2022 | 1.6 | +1.8% |
| 2023 | 1.54 | -3.4% |
| 2024 | 1.57 | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.19 | 1.18 | 1.2 | 5 |
| 2000s | 1.24 | 1.2 | 1.32 | 10 |
| 2010s | 1.41 | 1.32 | 1.54 | 10 |
| 2020s | 1.57 | 1.54 | 1.6 | 5 |
Countries ranked near United States of America
- 12 Poland 3.1 compare
- 12 Poland 3.1 compare
- 14 Romania 2.97 compare
- 15 United States 1.57 compare
- 17 Switzerland 1.52 compare
- 18 Luxembourg 1.32 compare
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 5.16 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2153 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 18,554 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 5.16 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.2153 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 18,554 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 3.49 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1748 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is purchasing power parities, price level indices, nominal and real in United States of America?
- Purchasing power parities, price level indices, nominal and real in United States of America was 1.57 in 2024, according to Eurostat.
- What is the highest purchasing power parities, price level indices, nominal and real recorded in United States of America?
- The highest recorded value was 1.6 in 2022.
- What is the lowest purchasing power parities, price level indices, nominal and real recorded in United States of America?
- The lowest recorded value was 1.18 in 1996.
- How does United States of America rank for purchasing power parities, price level indices, nominal and real?
- United States of America ranks 15th out of 49 countries with data for 2024.
- Is purchasing power parities, price level indices, nominal and real rising or falling in United States of America?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is rising.
- Where does this United States of America data come from?
- The figures come from Eurostat, published as part of Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 1999. Statizoid updates them automatically from the source API.
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