The International Comparison Program's structure and cross-country collaboration

What is it about?

The International Comparison Program estimates purchasing power parities and price level indexes for countries across the world. It relies on statistical agencies collaborating through governance, common methodology, and sharing knowledge.

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Photo by Scott Graham on Unsplash

Photo by Scott Graham on Unsplash

Why is it important?

Comparable cross-country economic data is crucial to assessing the impact on the global economy of local, regional, and global events. We describe how a major provider of comparable global economic data, the International Comparison Program, is an exemplar of a successful multi-agency statistical partnership based on the close collaboration of its stakeholders working towards a common goal within an inclusive governance structure and using agreed methodologies and standards.