The World Bank will start using new poverty lines in fall 2022. The decision follows the release in 2020 of new purchasing power parities (PPPs) by the International Comparison Program (ICP).

Samuel Kofi Tetteh Baah, Aziz Atamanov, Dean Mitchell Jolliffe, Christoph Lakner, Daniel Gerszon Mahler |

In May 2020, the International Comparison Program (ICP) published new purchasing power parities (PPPs) for the 2017 reference year. PPPs are the principal data used in the measurement of global…

Daniel Gerszon Mahler, Aziz Atamanov, Dean Mitchell Jolliffe, Christoph Lakner, Samuel Kofi Tetteh Baah |

At the recent 53rd session of the United Nations Statistical Commission (UNSC), the Chief Statisticians of national statistical offices (NSOs) highlighted the importance of purchasing power…

Nada Hamadeh, Edie Purdie, Inyoung Song, Marko Rissanen |

A year ago we announced the release of the results from the 2017 cycle of the International Comparison Program (ICP). The purchasing power parities (PPPs), size of economies, and measures of price…

Haishan Fu, Nada Hamadeh |

Since the publication of the 2017 International Comparison Program’s (ICP) global results for 176 economies in May 2020, the program’s regional implementing agencies have released results and…

Kaushal Joshi, Mel Lorenzo Accad, Inyoung Song |

Every few years, results from the International Comparison Program (ICP) make headlines around the world as they shed new light on the size and structure of the global economy. Underlying these…

William Vigil-Oliver, Shriya Chauhan |

Since the release of the International Comparison Program’s (ICP) global results from its 2017 cycle in May 2020, the program’s regional implementing agencies have been releasing their own…

Majed Skaini, Mizuki Yamanaka |

In May 2020, the International Comparison Program (ICP) revised its 2011 purchasing power parities (PPPs), which were originally published in 2014, together with publishing its most recent 2017…

Samuel Kofi Tetteh Baah, Aziz Atamanov, Christoph Lakner, Daniel Gerszon Mahler, Marko Rissanen, William Vigil-Oliver, Mizuki Yamanaka, Judy Yang |

Global trade has increased more than fivefold over the last thirty years with the volume of worldwide exports growing from $4.3 trillion in 1990 to $24.8 trillion in 2019. This trade is…

Rui Costa |

Purchasing power parities (PPPs) from the International Comparison Program’s (ICP) 2017 cycle have been used to update the World Development Indicators (WDI) labor productivity measure GDP per…

Edie Purdie |