ICP

Definition : International Comparison Program
Category : Academic & Science » Economics
Country/Region : Worldwide Worldwide
Popularity :
Type :
Initialism

What does ICP mean?

International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank to collect comparative price data and estimate Purchasing Power Parities (PPP) of the world’s economies.
Its main objective is to provide comparable international price and volume measures of Gross Domestic Product (GDP) and expenditure aggregates among countries.

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