Purchasing Power Parity Calculator
Need Help With Your Business Plan?
Answer tailored questions and get a detailed business plan in minutes.
Purchasing Power Parity Calculator for United Kingdom (USD vs GBP)
What is United Kingdom's (GBP) equivalent in USD based on purchasing power?
Use this calculator to find purchasing power parity for United Kingdom's (GBP). Purchasing power parity (PPP) is a theory that estimates the amount of adjustment needed on the exchange rate between countries to make the exchange of goods and services of the two countries equal. This means that a good or service should have the same price in one country as it does in another country, after taking into account the exchange rate between the two countries.
United Kingdom Purchasing Power Parity
The current PPP rate for United Kingdom's (GBP) is 0.747.
What does this mean?
This means that 1 USD is euqivalent to 0.747 GBP in United Kingdom based on the general cost & standard of living in United Kingdom.
Source
World Bank 'Purchasing Power Parities and the Size of World Economies' - 2017 International Comparison ProgramGet funding with a business plan that will impress investors.
Starting a New Business?
