Heavily indebted countries Compared by Economy > Purchasing power parity > PPP conversion factor > GDP to market 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. 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.".

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#	COUNTRY	AMOUNT	DATE
1	Ireland	1.24	2009
=2	France	1.22	2009
=2	Japan	1.22	2009
4	Belgium	1.2	2009
5	Austria	1.19	2009
6	Netherlands	1.18	2009
7	Germany	1.12	2009
8	Italy	1.1	2009
9	Canada	1.04	2009
10	Cyprus	1.02	2009
11	Iceland	1.01	2009
12	United States	1	2009
13	Greece	0.99	2009
14	Spain	0.98	2009
15	United Kingdom	0.96	2009
16	Israel	0.95	2009
17	Portugal	0.89	2009
18	Cape Verde	0.84	2009
19	Malta	0.78	2007
20	Saint Kitts and Nevis	0.76	2009
21	Jordan	0.75	2009
=22	Grenada	0.72	2009
=22	Singapore	0.72	2009
24	Antigua and Barbuda	0.69	2009
=25	Hungary	0.65	2009
=25	Sao Tome and Principe	0.65	2009
=27	Morocco	0.63	2009
=27	Lebanon	0.63	2009
29	Barbados	0.62	2005
30	Belize	0.61	2009
31	Eritrea	0.6	2008
=32	Sudan	0.59	2009
=32	Jamaica	0.59	2009
=34	Dominica	0.58	2009
=34	Saint Vincent and the Grenadines	0.58	2009
36	Saint Lucia	0.57	2009
37	Seychelles	0.44	2009
38	Sri Lanka	0.43	2009
39	Malawi	0.38	2009

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