The concepts described on these pages are words and expressions used in statistics with a specific, limited meaning. In everyday speech the word may have a different meaning. In connection with each definition you can find information about which sets of statistics use the concept.
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Price level index
The price level index indicates the price levels of different countries relative to a chosen country or a country group (e.g. Finland =100, EU27 =100). If the price level index of a country is higher than 100, the country is more expensive than average, and vice versa. The price level index is derived by dividing the purchasing power parity by the exchange rate of the euro and the monetary unit of the country concerned.
Statistics using the definition
Validity of the definition
- Valid until (31 December 2078)