COMPENDIUM CULTURAL POLICIES AND TRENDS IN EUROPE
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EN DE FR  Council of Europe LOGO  ERICarts LOGO

Comparison of European Price Levels (2008)

Average OECD PPP* Prices 2008 = 100

Country

Gross Domestic Product 

Actual indi-vidual consumption

Consumer goods

Government services 

Individual services

Recreation and culture

Albania

47

49

83

20

14

63

Armenia

48

43

76

20

17

54

Austria**

118

118

119

127

127

122

Belgium**

121

124

123

134

129

120

Bosnia & Herzegovina

53

56

85

37

32

62

Bulgaria

46

47

77

24

22

58

Croatia

73

75

100

54

50

92

Cyprus

96

98

111

104

109

109

Czech Republic**

76

73

102

56

51

75

Denmark**

148

155

154

153

152

156

Estonia**

76

77

94

51

49

89

Finland**

127

131

129

121

117

139

France**

122

121

118

123

111

126

Germany**

112

111

120

109

100

117

Greece**

97

98

104

93

95

113

Hungary**

71

69

95

51

45

82

Iceland**

128

130

128

125

130

137

Ireland**

131

143

138

141

144

132

Italy**

109

112

115

113

109

120

Latvia

77

75

95

51

47

85

Lithuania

68

65

88

44

40

77

Luxembourg**

125

137

116

158

159

117

FYR of Macedonia

41

44

68

23

19

59

Malta

78

79

104

58

58

89

Montenegro, Rep. of

49

56

85

28

25

68

Netherlands**

117

115

116

116

109

116

Norway**

146

158

164

165

166

166

Poland**

73

69

96

49

45

78

Portugal**

89

94

110

81

81

105

Romania

60

60

84

36

31

57

Russian Federation

54

48

68

32

26

72

Serbia, Republic of

53

56

83

33

31

64

Slovak Republic**

71

69

99

45

41

79

Slovenia**

87

88

103

77

78

101

Spain**

99

103

105

95

94

111

Sweden**

126

128

125

129

133

130

Switzerland**

135

142

125

155

161

134

Turkey**

65

67

94

38

34

82

United Kingdom**

111

111

111

105

103

114

Basis of comparison:
OECD-AVERAGE

100

100

100

100

100

100

 For information:

 

 

 

 

 

 

Canada**

109

110

107

109

110

110

United States**

94

94

83

110

132

87

Japan**

106

108

127

92

90

100

Euro-Zone

112

112

116

111

106

119

European Union

108

108

113

102

98

114

Sources:
OECD.Stat Extracts
Indicators presented in the table were selected from the 2008 OECD PPP Benchmark Data on price levels for expenditure at average OECD prices (Table 1.11) for European countries by the ERICarts Institute. This data is based on the results of a joint survey carried out by Eurostat and the CIS countries.
*)    PPP = Purchasing Power Parities. PPP currency conversion rates convert to a common currency and eliminate the
       differences in price levels   between countries in the process of conversion. 
**)  OECD Member States.