Purchasing power parities

Purchasing power parities represent the purchasing power of the national currency of the different countries. In their simplest form, purchasing power parities are price ratios for an identical product in two or more countries in the respective local currencies.

If a kilo of apples (Granny Smith, 1A quality) cost €2 in France and CHF 5 in Switzerland, purchasing power parity in Switzerland has a ratio to France of CHF 2.50 to €1. These simple price relationships are then aggregated over larger product groups to the gross domestic product.

The national statistical offices annually survey the prices of around 12 000 products from various areas such as food, clothing, transport services, health services and the construction sector. Subsequently, analytical categories (such as “food and non-alcoholic beverages”, “clothing and footwear”, “health care” or “transport”) are formed. These are included in the superordinate aggregates “actual individual consumption”, “actual collective consumption” and “gross fixed capital formation” which ultimately make up the GDP.

Purchasing power parities (in national currencies per EUR), 2020 (provisional), EU27 = 1 EUR, selected countries
  Gross domestic product Actual individual consumption
Actual collective consumption Gross fixed capital formation
Switzerland
(in CHF)
1.70569 1.92996 1.97490 1.46162
Germany
(in EUR)
1.10495 1.07492 1.22216 1.21047
France
(in EUR)
1.08843 1.09267 1.23037 1.03943
Italy
(in EUR)
0.99339 1.02953 1.07416 0.87292
Austria
(in EUR)
1.14322 1.19191 1.16085 1.06074
European Union
(27 Countries, in EUR)
1.00000 1.00000 1.00000 1.00000
EU without United Kingdom Source: EUROSTAT. Database updated on 15.12.2021

In 2020, a particular basket with identical benefit cost CHF 171 in Switzerland, €110 in Germany, €109 in France, €99 in Italy and in €114 in Austria. It cost €100 on average in the 27 member states.

Further information

Tables

Publications

Links

Laws

Statistical sources and concepts

Contact

Federal Statistical Office Section Prices
Espace de l'Europe 10
CH-2010 Neuchâtel
Switzerland
Tel.
+41 58 463 66 53

Monday to Thursday
09.00–12.00 and
13.30–16.30

Friday
09.00–12.00 and
13.30–16.00

Contact

Remark

Our English pages offer only a limited range of information on our statistical production. For our full range please consult our pages in French and German (top right hand screen).

https://www.bfs.admin.ch/content/bfs/en/home/statistics/prices/international-price-comparisons/purchasing-power-parities.html