Economy > Currency > PPP conversion factor > GDP to market exchange rate ratio: Countries Compared

DEFINITION: PPP conversion factor (GDP) to market exchange rate ratio. 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. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, 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.

SHOW ALL

LESS

CONTENTS

MAP
PIE
INTERESTING
Q+A

SHARE TWEET EMBED EXPORT

#	COUNTRY	AMOUNT	DATE
1	Iraq	1.55	2012
2	Norway	1.52	2012
3	Australia	1.5	2012
4	Switzerland	1.48	2012
5	Denmark	1.34	2012
6	Japan	1.33	2012
7	Sweden	1.28	2012
8	Canada	1.23	2012
9	Finland	1.19	2012
10	Luxembourg	1.18	2012
11	New Zealand	1.17	2012
12	Kuwait	1.14	2011
13	Iceland	1.13	2012
	Group of 7 countries (G7) average (profile)	1.1	2012
14	France	1.1	2012
15	Qatar	1.1	2011
16	Belgium	1.09	2012
17	Israel	1.09	2011
18	Suriname	1.08	2012
19	Guyana	1.07	2012
20	Austria	1.07	2012
21	Netherlands	1.07	2012
22	Ireland	1.05	2012
23	United Kingdom	1.04	2012
	High income OECD countries average (profile)	1.04	2012
24	Germany	1.01	2012
25	United States	1	2012
26	Italy	0.998	2012
27	United Arab Emirates	0.971	2011
28	Brazil	0.968	2012
29	Venezuela	0.959	2012
	Non-religious countries average (profile)	0.955	2012
	OPEC countries average (profile)	0.943	2011
30	Bahrain	0.943	2011
31	Uruguay	0.932	2012
	Eurozone average (profile)	0.928	2012
32	Tonga	0.921	2012
33	Fiji	0.916	2012
34	Angola	0.913	2012
35	Macau	0.907	2012
36	Eritrea	0.905	2012
37	Oman	0.896	2011
38	Spain	0.893	2012
39	Kazakhstan	0.887	2012
40	Zambia	0.872	2012
	European Union average (profile)	0.872	2012
41	Greece	0.872	2012
	NATO countries average (profile)	0.857	2012
42	Singapore	0.85	2012
43	Cyprus	0.847	2012
44	Federated States of Micronesia	0.847	2012
	Middle Eastern and North Africa average (profile)	0.84	2011
45	Jordan	0.813	2012
46	Equatorial Guinea	0.808	2012
47	Samoa	0.806	2012
48	Saudi Arabia	0.805	2012
	Heavily indebted countries average (profile)	0.803	2012
	Cold countries average (profile)	0.802	2012
49	Slovenia	0.801	2012
	Europe average (profile)	0.801	2012
50	Ghana	0.797	2012
51	Portugal	0.794	2012
52	Brunei	0.784	2012
53	Saint Kitts and Nevis	0.779	2012
54	Namibia	0.777	2012
55	Sao Tome and Principe	0.768	2012
56	Papua New Guinea	0.766	2012
	Christian countries average (profile)	0.763	2011
57	Cape Verde	0.763	2012
	East Asia and Pacific average (profile)	0.761	2012
58	Colombia	0.742	2012
59	Costa Rica	0.737	2012
60	Maldives	0.736	2012
61	South Korea	0.733	2012
	Catholic countries average (profile)	0.731	2012
62	Sudan	0.731	2012
63	Indonesia	0.729	2012
64	Republic of the Congo	0.724	2012
65	Hong Kong	0.72	2012
	Former British colonies average (profile)	0.718	2011
66	Malta	0.718	2012
67	Gabon	0.714	2012
68	Azerbaijan	0.708	2012
69	Estonia	0.707	2012
70	The Bahamas	0.704	2012
71	Vanuatu	0.703	2012
72	Czech Republic	0.7	2012
73	Chile	0.691	2012
74	Comoros	0.686	2012
75	Mongolia	0.684	2012
76	Lebanon	0.675	2012
77	China	0.671	2012
78	Slovakia	0.669	2012
79	South Africa	0.667	2012
80	Grenada	0.665	2012
81	Guatemala	0.664	2012
82	Kiribati	0.663	2012
83	Croatia	0.662	2012
84	Trinidad and Tobago	0.657	2012
	Muslim countries average (profile)	0.654	2011
85	Turkmenistan	0.653	2012
	Former Spanish colonies average (profile)	0.651	2012
86	Antigua and Barbuda	0.648	2012
87	Liberia	0.648	2012
88	East Timor	0.643	2012
89	Latvia	0.639	2012
90	Haiti	0.638	2012
91	Algeria	0.633	2012
92	Paraguay	0.632	2012
93	Peru	0.631	2012
94	Democratic Republic of the Congo	0.63	2012
	Religious countries average (profile)	0.626	2012
	Emerging markets average (profile)	0.626	2012
	failed states average (profile)	0.624	2012
95	Belize	0.622	2011
96	Cote d'Ivoire	0.62	2012
97	Lesotho	0.618	2012
98	Malaysia	0.617	2012
99	Syria	0.615	2012
100	Yemen	0.61	2012
101	Moldova	0.605	2012
102	Georgia	0.601	2012
103	Saint Lucia	0.599	2012
104	Russia	0.597	2012
105	Solomon Islands	0.597	2012
106	Libya	0.596	2009
107	Philippines	0.596	2012
108	Jamaica	0.59	2005
109	Saint Vincent and the Grenadines	0.59	2012
110	Swaziland	0.589	2012
111	Palau	0.588	2012
112	Nigeria	0.583	2012
113	Panama	0.583	2012
114	Mexico	0.583	2012
115	Lithuania	0.582	2012
116	Turkey	0.581	2012
	Former Soviet republics average (profile)	0.581	2012
117	Mali	0.581	2012
	Sub-Saharan Africa average (profile)	0.577	2012
118	Poland	0.573	2012
119	Dominican Republic	0.572	2012
120	Hungary	0.571	2012
121	Thailand	0.567	2012
	Hot countries average (profile)	0.565	2007
122	Barbados	0.563	2012
123	Ecuador	0.563	2012
	Potential Future EU Members average (profile)	0.562	2012
	Latin America and Caribbean average (profile)	0.562	2006
124	Mozambique	0.561	2012
	Eastern Europe average (profile)	0.561	2012
125	Honduras	0.556	2012
126	Morocco	0.556	2012
127	Togo	0.555	2012
128	Mauritius	0.545	2012
129	Kenya	0.543	2012
130	El Salvador	0.542	2012
131	Dominica	0.539	2012
	Former French colonies average (profile)	0.537	2012
132	Senegal	0.536	2012
133	Romania	0.531	2012
134	Ukraine	0.53	2012
135	Niger	0.513	2012
	South and Central Asia average (profile)	0.512	2012
136	Cameroon	0.505	2012
137	Bolivia	0.496	2012
138	Egypt	0.492	2012
139	Laos	0.492	2012
140	Montenegro	0.49	2012
141	Kyrgyzstan	0.489	2012
142	Djibouti	0.489	2007
143	Uzbekistan	0.486	2012
144	Bosnia and Herzegovina	0.485	2012
145	Chad	0.485	2012
146	Benin	0.483	2012
147	Seychelles	0.481	2012
148	Sri Lanka	0.476	2012
149	Sierra Leone	0.475	2012
150	Nepal	0.474	2012
151	Guinea	0.468	2012
152	Rwanda	0.465	2012
153	Madagascar	0.465	2012
154	Vietnam	0.463	2012
155	Pakistan	0.458	2012
156	Argentina	0.457	2006
157	Burundi	0.455	2012
158	Botswana	0.449	2012
159	Guinea-Bissau	0.449	2012
160	Central African Republic	0.448	2012
161	Afghanistan	0.44	2012
162	Serbia	0.44	2012
163	Tunisia	0.44	2012
164	Nicaragua	0.438	2012
165	Belarus	0.436	2012
166	Iran	0.436	2009
167	Bulgaria	0.435	2012
168	Mauritania	0.432	2012
169	Burkina Faso	0.426	2012
170	Albania	0.425	2012
	South Asia average (profile)	0.412	2012
171	Uganda	0.411	2012
172	Ethiopia	0.409	2012
173	Bangladesh	0.406	2012
174	Armenia	0.398	2012
175	Tajikistan	0.397	2012
176	India	0.391	2012
177	Tanzania	0.387	2012
178	Republic of Macedonia	0.386	2012
179	Cambodia	0.385	2012
180	Bhutan	0.364	2012
181	Malawi	0.356	2012
182	The Gambia	0.267	2012

Citation

SHARE TWEET EMBED