Purchasing Power Parity ..

Gross domestic product index value per capita was 53 according to SGP

Purchasing power parity (PPP) is defined as the price ratio of the defined basket of goods and services in different countries. Thus, price level differences between countries are eliminated and real price and volume comparisons can be made internationally.

European Statistical Office (Eurostat), according to PPP, explained by gross domestic product per capita (GDP) index of 28 European Union according to the results of 2014 (EU) average of 100, while the country, this value was 53 for Turkey, and under 47% of the EU average I stayed.

In comparison, the 28 EU member states, three European Free Trade Association (EFTA) countries (Switzerland, Iceland and Norway), 5 candidate countries (Turkey, Macedonia, Montenegro, Serbia and Albania) and one potential candidate countries (Bosnia and Herzegovina) was included.

Among the 37 countries in the comparisons, Luxembourg has the highest per capita GDP index according to SGP with 266 and Bosnia and Herzegovina with the lowest 29. In the per capita GDP index, Luxembourg was 166% higher than the EU average and Bosnia and Herzegovina was 71% lower.

GDP index values ​​per capita according to SSP (EU28 = 100), 2014

Source: Statistical Office of the European Union (Eurostat)

Turkey's level of individual consumption per capita in 2014 was 58

While the gross domestic product per capita is taken as a basis for the comparison, the development levels of the countries, the actual individual consumption indices. Actual individual consumption includes goods, services, and other non-profit organizations (education, health, etc.).

While the level of actual individual consumption per capita average of 100 28 European Union countries, Turkey was 58 and stayed for 42% of the EU average. Among the 37 countries included in the comparisons, Luxembourg has the highest individual consumption value.

Actual individual consumption per capita according to SGP (EU28 = 100), 2014 

Source: Statistical Office of the European Union (Eurostat)

price level index for actual individual consumption in Turkey was 54

The price level index is a comparative indicator of the purchasing power of the national currencies of countries. If the price level index of a country is greater than 100, it is defined as “expensive göre compared to the country group average, and if it is smaller than 100, this country is expressed as“ cheap göre compared to the country group average.

price level index for actual individual consumption in Turkey was 54 according to the results of 2014. This value across the EU countries the same goods and services purchased 100 Euros basket of 54 in Turkey
It can be purchased in Turkish Lira for Euro.