Overall, between 2008 and 2022, Chile's purchasing power parity experienced an upward trend. In 2008, the PPP was approximately 340.4 NCU per U.S. dollars. In 2022, however, it reached about 426.1 NCU.
Purchasing power parity indicates the number of units in the national currency (NCU) needed to buy the same amount of goods and services in a given country compared to those needed in the United States. This conversion aims to equalize the purchasing power among countries, by eliminating the differences in prices.
Purchasing power parity (PPP) in Chile from 2008 to 2022
(NCU per U.S. dollar)
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OECD. (August 1, 2024). Purchasing power parity (PPP) in Chile from 2008 to 2022 (NCU per U.S. dollar) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/1331205/purchasing-power-parity-in-chile/
OECD. "Purchasing power parity (PPP) in Chile from 2008 to 2022 (NCU per U.S. dollar)." Chart. August 1, 2024. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/1331205/purchasing-power-parity-in-chile/
OECD. (2024). Purchasing power parity (PPP) in Chile from 2008 to 2022 (NCU per U.S. dollar). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/1331205/purchasing-power-parity-in-chile/
OECD. "Purchasing Power Parity (Ppp) in Chile from 2008 to 2022 (Ncu per U.S. Dollar)." Statista, Statista Inc., 1 Aug 2024, https://www.statista.com/statistics/1331205/purchasing-power-parity-in-chile/
OECD, Purchasing power parity (PPP) in Chile from 2008 to 2022 (NCU per U.S. dollar) Statista, https://www.statista.com/statistics/1331205/purchasing-power-parity-in-chile/ (last visited October 06, 2024)
Purchasing power parity (PPP) in Chile from 2008 to 2022 (NCU per U.S. dollar) [Graph], OECD, August 1, 2024. [Online]. Available: https://www.statista.com/statistics/1331205/purchasing-power-parity-in-chile/