National Gross Domestic Product (GDP) by Income and by Expenditure Accounts

Comparative price levels of economy, ratio

Comparative price level refers to an estimate calculated by dividing the purchasing power parities (PPP) by the annual exchange rate (United States cents per Canadian dollar). These data allow a comparison of the general price level in the two countries. A value greater than 100 indicates a higher relative price for the U.S.; a value less than 100 indicates a lower relative price.

Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.

The data for this variable are reported using the following measurements:

• Decimal number
  Data tables

  • Purchasing power parities between Canada and the United States based on the System of National Accounts Classification (SNA) in terms of expenditures Table: 380-0057
  • Purchasing power parities between Canada and the United States, International Comparison Project (ICP) Classification, consumption-based Table: 380-0058