A measure of purchasing power parity computed by The economist periodical, which assesses what forex rate a currency would need to trade at for a tall latte from Starbucks to cost an equivalent amount in the foreign country versus its U.S. cost. The Starbucks Index is based on the idea that a latte should cost the same anywhere in the world, so a costlier latte price in a country theoretically means its currency is overvalued.
Browse by Subjects
ad valorem tax
earnings before interest, taxes, depreciation and amortization (EBITDA)
per capita income
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):