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Price level index comparison: IMF, by country 2018

This statistic compares price level index data of selected countries in 2018. Prices in Switzerland were around 27.7% higher than the U.S. average in 2018. This suggests that Switzerland is overall more expensive than the U.S. The price level index comparison shows similar results as the popular Big Max Index, which is also topped by Switzerland where a Big Mac costs 6.62 U.S. dollars.

IMF - Price level index of selected countries worldwide in 2018

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Sources

Release date

May 2019

Region

Worldwide

Survey time period

2018

Supplementary notes

PLIs (Price Level Index) are the ratios of PPPs to exchange rates. In this case, they provide a comparison of countries' price levels relative to the United States average: If the price level index is higher than 100, the country concerned is relatively expensive compared to the U.S. average, while if the price level index is lower than 100, then the country is relatively cheap compared to the U.S. average.
The PPP conversion rates as published by IMF have been adjusted with actual foreign exchange rates to derive the implied price levels.

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Statistics on "Global currencies"

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