IMF - Price level index of selected countries worldwide in 2016 (U.S.=100)

Price level index comparison: IMF, by country 2016 This statistic compares price level index data of selected countries in 2016. Prices in Switzerland were around 39.2% higher than the U.S. average in 2016. 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 6.35 U.S. dollars.
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CountriesPrice level index (U.S. = 100)
Switzerland 139.2
Denmark 115
Australia 112.1
Norway110.6
Sweden 107.1
Finland 104.2
New Zealand 101.8
United Kingdom 101
United States 100
Canada 97.5
Austria93.6
Belgium 93.3
France 92.6
Japan 92.3
Netherlands 91.6
Ireland91
Germany 87.5
Italy 85.2
Spain 75.6
Hong Kong 72.5
Greece70.8
Portugal68.8
Singapore 62.4
Czech Republic56.2
China 54.7
Brazil 49.1
Poland45.6
Mexico 45.6
Turkey40.4
Philippines 38.8
Russia 37.4
South Africa 37
Malaysia 36.7
Indonesia 29.8
India 25.4
CountriesPrice level index (U.S. = 100)
Switzerland 139.2
Denmark 115
Australia 112.1
Norway110.6
Sweden 107.1
Finland 104.2
New Zealand 101.8
United Kingdom 101
United States 100
Canada 97.5
Austria93.6
Belgium 93.3
France 92.6
Japan 92.3
Netherlands 91.6
Ireland91
Germany 87.5
Italy 85.2
Spain 75.6
Hong Kong 72.5
Greece70.8
Portugal68.8
Singapore 62.4
Czech Republic56.2
China 54.7
Brazil 49.1
Poland45.6
Mexico 45.6
Turkey40.4
Philippines 38.8
Russia 37.4
South Africa 37
Malaysia 36.7
Indonesia 29.8
India 25.4
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Description Source More information
This statistic compares price level index data of selected countries in 2016. Prices in Switzerland were around 39.2% higher than the U.S. average in 2016. 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 6.35 U.S. dollars.
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Release date
May 2017
Region
Worldwide
Survey time period
2016
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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