Kaufkraftparität

German

Etymology

Kauf (“purchase”) +‎ Kraft (“power”) +‎ Parität (“parity”)

Pronunciation

  • IPA(key): [ˈkaʊ̯fkʁaftpaʁiˌtɛːt]
  • Hyphenation: Kauf‧kraft‧pa‧ri‧tät

Noun

Kaufkraftparität f (genitive Kaufkraftparität, plural Kaufkraftparitäten)

  1. (economics) purchasing power parity (the rate of currency conversion that equalizes the purchasing power of different currencies by eliminating the differences in price levels between countries)
    Berechnet nach der Kaufkraftparität, ist die Wirtschaftskraft mancher Schwellenländer deutlich höher als nominal angegeben.
    Calculated according to purchasing power parity, the economic strength of some emerging markets is significantly higher than nominally stated.

Declension

Declension of Kaufkraftparität [feminine]
singular plural
indef. def. noun def. noun
nominative eine die Kaufkraftparität die Kaufkraftparitäten
genitive einer der Kaufkraftparität der Kaufkraftparitäten
dative einer der Kaufkraftparität den Kaufkraftparitäten
accusative eine die Kaufkraftparität die Kaufkraftparitäten

Synonyms

Antonyms

  • Nominalkurs (the current market exchange rate)

Coordinate terms

  • Warenkorb (the set of goods used to compare price levels)
  • Big-Mac-Index (an informal way of measuring PPP based on the price of a McDonald's burger)
  • Wechselkurs (the actual price of one currency in terms of another)
  • Inflation (the rate at which purchasing power decreases over time)
  • Bruttoinlandsprodukt (BIP) (often adjusted for PPP to compare economic output)
  • kaufkräftig (possessing high purchasing power)
  • Paritätskurs (parity rate)
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