International Comparison Program: 2021 cycle in Latin America and the Caribbean. Methodological document and main results

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/TS.2025/93
cepal.citationThis publication should be cited as: De Camino, C. and Infante, L. V. (2025). International Comparison Program: 2021 cycle in Latin America and the Caribbean. Methodological document and main results. <i>Project Documents </i>(LC/TS.2025/93). Economic Commission for Latin America and the Caribbean.
cepal.divisionEngStatistics Division
cepal.divisionSpaDivisión de Estadística
cepal.docTypeDocumentos de proyectos e investigación
cepal.jobNumberS2500603_en
cepal.projectPrograma de Comparación Internacional en América Latina y el Caribe
cepal.regionalOfficeSantiago
cepal.topicEngECONOMIC INDICATORS AND PROJECTIONS
cepal.topicEngPUBLIC POLICIES
cepal.topicEngPRICES
cepal.topicSpaINDICADORES ECONÓMICOS Y PROYECCIONES
cepal.topicSpaPOLÍTICAS PÚBLICAS
cepal.topicSpaPRECIOS
cepal.workareaEngSTATISTICS
cepal.workareaSpaESTADÍSTICAS
dc.contributor.authorDe Camino, Claudia
dc.contributor.authorInfante, Lady Viviana
dc.contributor.institutionCuenta de las Naciones Unidas para el Desarrollo
dc.coverage.spatialEngLATIN AMERICA AND THE CARIBBEAN
dc.coverage.spatialSpaAMERICA LATINA Y EL CARIBE
dc.date.accessioned2025-12-30T20:10:59Z
dc.date.available2025-12-30T20:10:59Z
dc.date.issued2025-12-30
dc.description.abstractComparison of economies is essential for public policymaking but considerably hindered by the fact that statistics expressed in local currencies are not directly comparable. Market exchange rates give a distorted view, as they do not reflect the differences in price levels between countries. To overcome this challenge, the International Comparison Program (ICP), coordinated by the World Bank, produces purchasing power parities (PPP). These indicators eliminate price differences, allowing for comparison of real GDP volumes and calculation of the real size of economies. Thirty-six economies of Latin America and the Caribbean participated in the 2021 cycle of ICP under the coordination of ECLAC and OECD, overcoming the challenges of the pandemic to provide quality data. The results confirm PPP as crucial to the measurement of the real economy and material well-being. Thus, ICP has proved to be a strategic instrument for guiding public policies, fostering international cooperation and supporting achievement of the Sustainable Development Goals.
dc.description.tableOfContentsIntroduction .-- I. Purchasing Power Parities: concepts and uses .-- II. International Comparison Program and Purchasing Power Parities .-- III. Results of the 2021 ICP cycle for Latin America and the Caribbean .-- IV. Methodological aspects of the International Comparison Program to calculate Purchasing Power Parities and to implement the 2021 cycle .-- V. Review of the results of the 2017 cycle .-- VI. Conclusions. in Latin America and the Caribbean
dc.formatTexto
dc.format.extent91 pages
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/TS.2025/93
dc.identifier.urihttps://hdl.handle.net/11362/84540
dc.language.isoeng
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.translationLanguagespa
dc.relation.translationRecordPrograma de Comparación Internacional: ciclo 2021 para América Latina y el Caribe. Documento metodológico y principales resultados
dc.relation.translationUrihttps://hdl.handle.net/11362/84526
dc.subject.unbisEngECONOMIC INDICATORS
dc.subject.unbisEngGROSS DOMESTIC PRODUCT
dc.subject.unbisEngPURCHASING POWER
dc.subject.unbisEngPRICES
dc.subject.unbisEngCOMPARATIVE ANALYSIS
dc.subject.unbisEngSTATISTICAL METHODOLOGY
dc.subject.unbisSpaINDICADORES ECONOMICOS
dc.subject.unbisSpaPRODUCTO INTERNO BRUTO
dc.subject.unbisSpaPODER DE COMPRA
dc.subject.unbisSpaPRECIOS
dc.subject.unbisSpaANALISIS COMPARATIVO
dc.subject.unbisSpaMETODOLOGIA ESTADISTICA
dc.titleInternational Comparison Program: 2021 cycle in Latin America and the Caribbean. Methodological document and main results
dc.type.coarlibro
dc.usergrouppubweb
dspace.entity.typePublication
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relation.isAuthorOfPublicationc4a5ba53-8783-41a1-b0ba-a444867cdba5
relation.isAuthorOfPublication.latestForDiscoverydd6377b4-3bb3-49cd-b2cc-3d2371d54b5f
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