What goods and services does the ICP cover?
The ICP divides GDP aggregates into 155 Basic Headings. A Basic Heading is the lowest level of detail for which expenditure weights can be provided. Prices are collected for individual items to compute National Annual Average Prices. These items range from food, clothing and footwear to hospital equipment and compensation of government employees, etc. Regional coordinating agencies have worked very closely with country offices to come up with regional product lists that are both representative of the countries as well as comparable across countries and regions. For full regional product lists please visit our website.
