National Statistics Institute Informative Bulletin

Purchasing Power Parities

Comparison of countries' purchasing power

According to the data from the Purchasing Power Parities (PPP) of 2001, the level of prices in Spain was 17% lower than the average level of the European Union (EU). Only Portugal and Greece were less expensive than Spain. Denmark, on the other hand, was by far the most expensive Member State of the EU. There were several countries around the average: Belgium, The Netherlands, Austria, France and Germany.