## IMF Applications of Purchasing Power Parity Estimates

_IMF Working Papers, November 1, 2010_

## Source details

**Canonical URL:** [IMF Applications of Purchasing Power Parity Estimates](https://www.imf.org/en/publications/wp/issues/2016/12/31/imf-applications-of-purchasing-power-parity-estimates-24344)

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## Bibliographic details
- Authors: Mick Silver
- Published: November 1, 2010
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781455209538.001

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### Summary of main uses
- The IMF’s main uses of the International Comparison Program’s (ICP) estimates of purchasing power parity (PPP)-adjusted Gross Domestic Product (GDP) are:
  - as an element of the formula used to help guide decisions on its members’ quotas; and
  - in the World Economic Outlook (WEO).

- The paper was written as a chapter on “IMF uses of PPPs” for the 2011 ICP Handbook.

### Measurement issues salient to IMF usage
- The paper outlines and considers measurement issues including:
  - PPP imputations for member countries not participating in the ICP;
  - PPP estimates for non-benchmark years;
  - timeliness and periodicity of PPP estimates;
  - economy groupings; and
  - transparency.

### Subject classification and keywords
- Subject: Exchange rates, Expenditure, Market exchange rates, Public investment and public-private partnerships (PPP), Purchasing power parity
- Keywords: benchmark PPP estimate, estimate, GDP, IMF usage, PPP GDP, WP

_Content based on the IMF web landing page for "IMF Applications of Purchasing Power Parity Estimates" (IMF Working Paper No. 2010/253)._

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_Source: https://www.imf.org/en/publications/wp/issues/2016/12/31/imf-applications-of-purchasing-power-parity-estimates-24344_