Between 2008 and 2022, Brazil's purchasing power parity has increased continuously. In 2008, the PPP was approximately 1.21 NCU per U.S. dollars, whereas in 2023 it reached 2.44 NCU. In the latter year, Brasília, the capital of Brazil, was the sixth city in Latin America and the Caribbean with the highest local purchasing power.
Purchasing power parity indicates the number of units in the national currency (NCU) needed to buy the same amount of goods and services in a given country compared to those needed in the United States. This conversion aims to equalize the purchasing power among countries, by eliminating the differences in prices.
Purchasing power parity (PPP) in Brazil from 2008 to 2023
(NCU per U.S. dollar)
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World Bank. (January 28, 2025). Purchasing power parity (PPP) in Brazil from 2008 to 2023 (NCU per U.S. dollar) [Graph]. In Statista. Retrieved June 06, 2025, from https://www.statista.com/statistics/1331180/purchasing-power-parity-in-brazil/
World Bank. "Purchasing power parity (PPP) in Brazil from 2008 to 2023 (NCU per U.S. dollar)." Chart. January 28, 2025. Statista. Accessed June 06, 2025. https://www.statista.com/statistics/1331180/purchasing-power-parity-in-brazil/
World Bank. (2025). Purchasing power parity (PPP) in Brazil from 2008 to 2023 (NCU per U.S. dollar). Statista. Statista Inc.. Accessed: June 06, 2025. https://www.statista.com/statistics/1331180/purchasing-power-parity-in-brazil/
World Bank. "Purchasing Power Parity (Ppp) in Brazil from 2008 to 2023 (Ncu per U.S. Dollar)." Statista, Statista Inc., 28 Jan 2025, https://www.statista.com/statistics/1331180/purchasing-power-parity-in-brazil/
World Bank, Purchasing power parity (PPP) in Brazil from 2008 to 2023 (NCU per U.S. dollar) Statista, https://www.statista.com/statistics/1331180/purchasing-power-parity-in-brazil/ (last visited June 06, 2025)
Purchasing power parity (PPP) in Brazil from 2008 to 2023 (NCU per U.S. dollar) [Graph], World Bank, January 28, 2025. [Online]. Available: https://www.statista.com/statistics/1331180/purchasing-power-parity-in-brazil/