Former British colonies Compared by Economy > Currency > PPP conversion factor to official exchange rate ratio

DEFINITION: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar). The ratio of the PPP conversion factor to the official exchange rate (also referred to as the national price level) makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.

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#	COUNTRY	AMOUNT	DATE
1	KuwaitKuwait	1.21	2005
2	AustraliaAustralia	1.13	2005
3	United Arab EmiratesUAE	1.12	2005
4	New ZealandNew Zealand	1.07	2005
5	CanadaCanada	1.03	2005
6	The BahamasThe Bahamas	1.02	2002
7	United StatesUnited States	1	2005
8	SingaporeSingapore	0.91	2005
9	JamaicaJamaica	0.84	2005
=10	BahrainBahrain	0.83	2005
=10	Antigua and BarbudaAntigua and Barbuda	0.83	2004
12	YemenYemen	0.77	2005
13	Trinidad and TobagoTrinidad+	0.75	2005
14	Saint LuciaSaint Lucia	0.72	2004
15	IsraelIsrael	0.69	2005
=16	NigeriaNigeria	0.67	2005
=16	Saint Kitts and NevisSt Kitts+	0.67	2004
=18	ZambiaZambia	0.61	2005
=18	DominicaDominica	0.61	2004
20	GrenadaGrenada	0.54	2004
=21	FijiFiji	0.53	2005
=21	BelizeBelize	0.53	2005
23	SwazilandSwaziland	0.5	2005
=24	BotswanaBotswana	0.47	2005
=24	MalaysiaMalaysia	0.47	2005
26	KenyaKenya	0.44	2005
=27	JordanJordan	0.42	2005
=27	TanzaniaTanzania	0.42	2005
29	NamibiaNamibia	0.4	2005
30	SudanSudan	0.36	2005
31	PakistanPakistan	0.3	2005
32	EgyptEgypt	0.28	2005
33	Sierra LeoneSierra Leone	0.27	2005
34	Sri LankaSri Lanka	0.26	2005
=35	LesothoLesotho	0.24	2005
=35	MalawiMalawi	0.24	2005
37	GuyanaGuyana	0.23	2005
=38	UgandaUganda	0.21	2005
=38	IndiaIndia	0.21	2005
=38	BangladeshBangladesh	0.21	2005
41	GhanaGhana	0.2	2005
42	The GambiaThe Gambia	0.16	2005
43	ZimbabweZimbabwe	0.13	2005

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