COMPENDIUM CULTURAL POLICIES AND TRENDS IN EUROPE
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Comparison of European Price Levels (2014)

Average OECD PPP* Prices 2014 = 100

Country

Gross Domestic Product

Actual individual consumption

Consumer goods

Consumer services

Recreation and culture

Albania

42

43

72

28

53

Austria

109

112

113

108

115

Belgium

109

112

113

113

105

Bosnia and Herzegovina

48

50

75

39

60

Bulgaria

46

44

74

33

56

Croatia

63

64

91

54

75

Cyprus

93

94

109

86

93

Czech Republic

63

60

83

51

62

Denmark

134

142

141

145

141

Estonia

72

72

94

64

86

Finland

124

126

123

133

122

France

110

109

111

111

109

Germany

105

104

110

104

107

Greece

83

86

105

79

82

Hungary

57

55

80

45

61

Iceland

122

126

131

125

138

Ireland

112

128

128

133

116

Italy

101

105

113

105

103

Latvia

68

68

92

57

77

Lithuania

60

58

87

44

67

Luxembourg

121

139

107

146

115

Former Yugoslav Republic of Macedonia

42

43

63

36

50

Malta

80

83

109

69

83

Montenegro

49

50

78

41

66

Netherlands

110

115

112

119

106

Norway

152

161

155

167

163

Poland

58

54

77

44

55

Portugal

79

82

103

74

88

Romania

50

49

76

37

54

Russia

56

51

68

49

63

Serbia

46

47

71

37

59

Slovak Republic

66

65

91

52

71

Slovenia

81

83

99

78

94

Spain

90

95

101

94

99

Sweden

131

137

128

139

133

Switzerland

144

157

131

171

142

Turkey

52

53

83

44

65

United Kingdom

118

127

112

142

110

Basis of comparison:
OECD-Average

100

100

100

100

100

For Information:

         

Australia

135

136

123

141

116

Canada

115

117

110

122

110

Japan

100

97

111

92

101

United States

103

101

88

103

97

Euro area (19 countries)

103

104

110

103

105

European Union (28 countries)

101

102

107

103

102

Sources: OECD.Stat Extracts. Indicators presented in the table were selected from the 2014 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.