The International Comparison Program (shortened ICP) is a partnership of various statistical administrations of up to 199 countries guided by the World Bank. The main partners of this program are the World Bank, IMF, UN, ADB, OECD, CISSTAT, Eurostat, AfDBESCWA, ECLAC, DFID, ABS, IDB, NMoFA who are also all part of the executive board.[1]
The Program produces internationally comparable price and volume measures for gross domestic product (GDP). Its component expenditures are based on purchasing power parities (PPPs). The International Comparison Program holds surveys collecting price and expenditure data for the entire range of final goods and services at intervals of some few years (the last two were separated by six years). The surveys cover GDPs of countries including their consumer goods, services, government services and capital goods. The ICP tries to make different countries GDPs comparable by calculating them in PPP both currency converters and spatial price deflators.[2]
The responsibility for the ICP within regions is shared between the national and regional agencies which represent various countries. National statistical offices carry out data collection but regional agencies provide guidance, collection, coordinating of data and data validation. Regional agencies also put together and finalize the regional comparisons.[2]
The ICP has published its PPP results eight times so far – the first time for 1970 (a preliminary study for 1967 was also carried out) and the latest for 2011.[3][4][5]
international, comparison, program, this, article, relies, excessively, references, primary, sources, please, improve, this, article, adding, secondary, tertiary, sources, find, sources, news, newspapers, books, scholar, jstor, july, 2014, learn, when, remove,. This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources International Comparison Program news newspapers books scholar JSTOR July 2014 Learn how and when to remove this template message The International Comparison Program shortened ICP is a partnership of various statistical administrations of up to 199 countries guided by the World Bank The main partners of this program are the World Bank IMF UN ADB OECD CISSTAT Eurostat AfDB ESCWA ECLAC DFID ABS IDB NMoFA who are also all part of the executive board 1 The Program produces internationally comparable price and volume measures for gross domestic product GDP Its component expenditures are based on purchasing power parities PPPs The International Comparison Program holds surveys collecting price and expenditure data for the entire range of final goods and services at intervals of some few years the last two were separated by six years The surveys cover GDPs of countries including their consumer goods services government services and capital goods The ICP tries to make different countries GDPs comparable by calculating them in PPP both currency converters and spatial price deflators 2 The responsibility for the ICP within regions is shared between the national and regional agencies which represent various countries National statistical offices carry out data collection but regional agencies provide guidance collection coordinating of data and data validation Regional agencies also put together and finalize the regional comparisons 2 The ICP has published its PPP results eight times so far the first time for 1970 a preliminary study for 1967 was also carried out and the latest for 2011 3 4 5 See also edit nbsp Business and economics portal Big Mac Index International dollar List of countries by GDP PPP List of countries by GDP PPP per capita Measures of national income and output Purchasing power parity Relative purchasing power parity World BankReferences edit ICP 2011 International Comparison Program worldbank org Retrieved 22 March 2015 a b International Comparison Program Overview worldbank org Retrieved 22 March 2015 China economy set to overtake US YouTube 30 April 2014 Retrieved 22 March 2015 World Economic Outlook Frequently Asked Questions imf org Retrieved 22 March 2015 International Comparison Program History worldbank org Retrieved 6 May 2015 External links edithttp icp worldbank org http web worldbank org WBSITE EXTERNAL DATASTATISTICS ICPEXT 0 contentMDK 22377119 menuPK 62002075 pagePK 60002244 piPK 62002388 theSitePK 270065 00 html http www imf org external pubs ft weo faq htm q4c http web worldbank org WBSITE EXTERNAL DATASTATISTICS ICPEXT 0 contentMDK 22377133 pagePK 60002244 piPK 62002388 theSitePK 270065 00 html Retrieved from https en wikipedia org w index php title International Comparison Program amp oldid 1065992102, wikipedia, wiki, book, books, library,
