Archive daily data from https://purchasing-power-parity.com.
The data is archived in the data folder.
Example data for a specific country, India:
{
"ppp":{
"countryCodeIsoAlpha2":"ID",
"currenciesCountry":[
{
"code":"IDR",
"name":"Indonesian rupiah",
"symbol":"Rp"
}
],
"countryCodeIsoAlpha3":"IDN",
"currencyMain":{
"exchangeRate":13636.812433,
"code":"IDR",
"name":"Indonesian rupiah",
"symbol":"Rp"
},
"ppp":4305.98,
"pppConversionFactor":0.3157614744029089
}
}
The important key is pppConversionFactor
. Use this value to convert a price from USD to a USD price in another country. You can convert this amount to another currency using the exchange rate.
In the US, the average price for a cappuccino is $4.00. This doesn't mean that everyone around the world can afford it. Considering purchasing power parity, the same cappuccino should cost $1.26 in Indonesia.