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Data for 1978

Price Level of Household Consumption, 1978

1978, as GGDC’s 2025 release gives it · stored as published, never rewritten

The price level of household consumption says how expensive a country is: what the things households buy cost there, converted at market exchange rates, compared with prices in the United States. A value of 0.5 means a basket of consumer goods and services costs about half what the same basket cost in the US in 2021; above 1, more.

Price Level of Household Consumption, 1978 covers 158 countries. Mozambique is highest, at 0.556415; Vietnam is lowest, at 0.036390. The middle country reads 0.224466. Against 1977, 158 values changed (139 up, 19 down), the same countries are covered.

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Price Level of Household Consumption · Data for 1978

HighestMozambique

0.556415

LowestVietnam

0.036390

Shaded by value in five groups of equal size, darkest at the highest end.

01Values only

The table

Every country and every column of Price Level of Household Consumption, 1978, as published. The file carries values only, so no position is shown. “=” marks a shared position.

Showing 25 of 158 countries · select a heading to sort

Price Level of Household Consumption, 1978: every country, as published by Groningen Growth and Development Centre (GGDC).
MozambiqueMOZEastern Africa0.556415ExtrapolatedOutlier
Guinea-BissauGNBWestern Africa0.545456ExtrapolatedRegular
SwedenSWENorthern Europe0.492828ExtrapolatedRegular
Turks and Caicos IslandsTCACaribbean0.473742ExtrapolatedOutlier
NorwayNORNorthern Europe0.472050ExtrapolatedRegular
ArgentinaARGSouth America0.468069ExtrapolatedRegular
JordanJORWestern Asia0.467631ExtrapolatedRegular
BahrainBHRWestern Asia0.467221ExtrapolatedRegular
ArubaABWCaribbean0.454435ExtrapolatedRegular
SwitzerlandCHEWestern Europe0.447500ExtrapolatedRegular
BermudaBMUNorthern America0.445973ExtrapolatedRegular
JapanJPNEastern Asia0.442867InterpolatedRegular
DenmarkDNKNorthern Europe0.435994InterpolatedRegular
FinlandFINNorthern Europe0.413830ExtrapolatedRegular
LebanonLBNWestern Asia0.405302ExtrapolatedRegular
Central African RepublicCAFMiddle Africa0.403922ExtrapolatedRegular
IcelandISLNorthern Europe0.396929ExtrapolatedRegular
GermanyDEUWestern Europe0.393855InterpolatedRegular
NigerNERWestern Africa0.383856ExtrapolatedRegular
BelgiumBELWestern Europe0.375016InterpolatedRegular
NetherlandsNLDWestern Europe0.373090InterpolatedRegular
ZambiaZMBEastern Africa0.361722InterpolatedRegular
SingaporeSGPSouth-eastern Asia0.361413ExtrapolatedRegular
CameroonCMRMiddle Africa0.356367ExtrapolatedRegular
LuxembourgLUXWestern Europe0.354368InterpolatedRegular

02In 1978

At either end

The 5 countries at each end of the headline.

Highest

  1. Mozambique0.556415
  2. Guinea-Bissau0.545456
  3. Sweden0.492828
  4. Turks and Caicos Islands0.473742
  5. Norway0.472050

Lowest

  1. Vietnam0.036390
  2. Brunei0.074163
  3. Sri Lanka0.077678
  4. Equatorial Guinea0.089659
  5. Guinea0.095340

Neither end is better. The values describe a shape, not a score. The middle country reads 0.224466. “Shared” marks a value another country also holds.

031977 → 1978

Since 1977

  • +0 / −0countries joined / left
  • 158values changed, of 158 in both
  • 139 · 19rose · fell
  • 0unchanged

Rose most

  • Switzerland0.330944 → 0.447500+0.116556
  • Japan0.335534 → 0.442867+0.107333
  • Niger0.287623 → 0.383856+0.096233
  • Bahrain0.376701 → 0.467221+0.090520
  • Zambia0.276661 → 0.361722+0.085062

Fell most

  • Jordan0.539583 → 0.467631−0.071952
  • Jamaica0.282008 → 0.234541−0.047467
  • Maldives0.259578 → 0.220977−0.038601
  • Somalia0.183746 → 0.146597−0.037149
  • Sri Lanka0.108747 → 0.077678−0.031069

04Caveats

Read before you use

How values are stored

  • One year of the 2025 release

    Every year in this series comes from GGDC’s 2025 release, recalculated on one method, so a change from one year to the next is not a revision. It can differ from what was first published for 1978.

  • Nothing missing

    Every one of the 158 countries has every column.

  • Some readings carry a flag

    GGDC marks readings it considers estimates or provisional. The flags in this file: Extrapolated, Interpolated.

05The files

Download and cite

Licence in full

What this site changed: Reshaped to one row per country, with its ISO code; no value recalculated, rescaled or rounded. In full

Licence: CC BY 4.0 · what it allows, in plain words

Cite this edition

Groningen Growth and Development Centre (GGDC) (1978). Price Level of Household Consumption, 1978 [data set], describing 1978. As held by Nations Inquiry, https://nationsinquiry.com/datasets/consumption-price-level/1978

0664 held

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