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Currency Statistics > PPP conversion factor to official exchange rate ratio (1982) by country

VIEW DATA:   Totals  
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Showing values for 1982. Select another time period:
Rank   Countries  Amount  Date  
# 1     Mongolia: 1.89   1982 Time series
# 2     Kuwait: 1.53   1982 Time series
# 3     Nigeria: 1.33   1982 Time series
# 4     Bahrain: 1.27   1982 Time series
# 5     Congo, Republic of the: 1.22   1982 Time series
# 6     Venezuela: 1.2   1982 Time series
# 7     Australia: 1.17   1982 Time series
# 8     Norway: 1.15   1982 Time series
# 9     Saudi Arabia: 1.14   1982 Time series
# 10     United Arab Emirates: 1.12   1982 Time series
# 11     Oman: 1.11   1982 Time series
# 12     Trinidad and Tobago: 1.09   1982 Time series
# 13     Gabon: 1.09   1982 Time series
# 14     Sweden: 1.07   1982 Time series
# 15     United States: 1   1982 Time series
# 16     Canada: 1   1982 Time series
# 17     Switzerland: 1   1982 Time series
# 18     Iceland: 0.99   1982 Time series
# 19     Finland: 0.95   1982 Time series
# 20     Singapore: 0.93   1982 Time series
# 21     Luxembourg: 0.92   1982 Time series
# 22     Denmark: 0.92   1982 Time series
# 23     France: 0.91   1982 Time series
# 24     Netherlands: 0.9   1982 Time series
# 25     Syria: 0.89   1982 Time series
# 26     Germany: 0.88   1982 Time series
# 27     Iran: 0.87   1982 Time series
# 28     Jamaica: 0.85   1982 Time series
# 29     Zambia: 0.84   1982 Time series
# 30     Japan: 0.82   1982 Time series
# 31     Bahamas, The: 0.81   1982 Time series
# 32     Ireland: 0.81   1982 Time series
# 33     United Kingdom: 0.8   1982 Time series
# 34     Chile: 0.79   1982 Time series
# 35     Belgium: 0.78   1982 Time series
# 36     Austria: 0.78   1982 Time series
# 37     Hong Kong: 0.76   1982 Time series
# 38     Ecuador: 0.76   1982 Time series
# 39     New Zealand: 0.75   1982 Time series
# 40     Uruguay: 0.73   1982 Time series
# 41     Saint Lucia: 0.73   1982 Time series
# 42     Panama: 0.7   1982 Time series
# 43     Jordan: 0.69   1982 Time series
# 44     Malaysia: 0.69   1982 Time series
# 45     Suriname: 0.69   1982 Time series
# 46     Mozambique: 0.69   1982 Time series
# 47     Antigua and Barbuda: 0.68   1982 Time series
# 48     Fiji: 0.68   1982 Time series
# 49     Italy: 0.67   1982 Time series
# 50     Indonesia: 0.65   1982 Time series
# 51     Cyprus: 0.65   1982 Time series
# 52     Bulgaria: 0.64   1982 Time series
# 53     Zimbabwe: 0.63   1982 Time series
# 54     Algeria: 0.63   1982 Time series
# 55     Israel: 0.62   1982 Time series
# 56     Sierra Leone: 0.62   1982 Time series
# 57     Côte d'Ivoire: 0.59   1982 Time series
# 58     Korea, South: 0.59   1982 Time series
# 59     Spain: 0.59   1982 Time series
# 60     Malta: 0.59   1982 Time series
# 61     Madagascar: 0.58   1982 Time series
# 62     Sudan: 0.58   1982 Time series
# 63     Paraguay: 0.58   1982 Time series
# 64     Brazil: 0.57   1982 Time series
# 65     Greece: 0.57   1982 Time series
# 66     Belize: 0.57   1982 Time series
# 67     Papua New Guinea: 0.55   1982 Time series
# 68     Kenya: 0.55   1982 Time series
# 69     Cameroon: 0.53   1982 Time series
# 70     Benin: 0.53   1982 Time series
# 71     Guatemala: 0.52   1982 Time series
# 72     Turkey: 0.51   1982 Time series
# 73     Malawi: 0.5   1982 Time series
# 74     Dominica: 0.49   1982 Time series
# 75     Saint Kitts and Nevis: 0.49   1982 Time series
# 76     Dominican Republic: 0.49   1982 Time series
# 77     Solomon Islands: 0.49   1982 Time series
# 78     Swaziland: 0.49   1982 Time series
# 79     Mexico: 0.48   1982 Time series
# 80     Grenada: 0.48   1982 Time series
# 81     Macau: 0.47   1982 Time series
# 82     Niger: 0.47   1982 Time series
# 83     Tunisia: 0.46   1982 Time series
# 84     Botswana: 0.46   1982 Time series
# 85     Argentina: 0.45   1982 Time series
# 86     Burkina Faso: 0.45   1982 Time series
# 87     Vanuatu: 0.44   1982 Time series
# 88     Namibia: 0.44   1982 Time series
# 89     South Africa: 0.44   1982 Time series
# 90     Colombia: 0.44   1982 Time series
# 91     Burundi: 0.44   1982 Time series
# 92     Portugal: 0.44   1982 Time series
# 93     Congo, Democratic Republic of the: 0.44   1982 Time series
# 94     Honduras: 0.44   1982 Time series
# 95     Pakistan: 0.44   1982 Time series
# 96     Senegal: 0.44   1982 Time series
# 97     Thailand: 0.44   1982 Time series
# 98     Saint Vincent and the Grenadines: 0.44   1982 Time series
# 99     Morocco: 0.42   1982 Time series
# 100     Peru: 0.41   1982 Time series
# 101     Chad: 0.4   1982 Time series
# 102     Mali: 0.4   1982 Time series
# 103     Mauritius: 0.4   1982 Time series
# 104     Seychelles: 0.4   1982 Time series
# 105     Egypt: 0.39   1982 Time series
# 106     Mauritania: 0.37   1982 Time series
# 107     Bolivia: 0.37   1982 Time series
# 108     China: 0.37   1982 Time series
# 109     Rwanda: 0.35   1982 Time series
# 110     India: 0.35   1982 Time series
# 111     Ghana: 0.35   1982 Time series
# 112     El Salvador: 0.34   1982 Time series
# 113     Ethiopia: 0.34   1982 Time series
# 114     Guyana: 0.34   1982 Time series
# 115     Guinea-Bissau: 0.34   1982 Time series
# 116     Hungary: 0.33   1982 Time series
# 117     Central African Republic: 0.32   1982 Time series
# 118     Gambia, The: 0.31   1982 Time series
# 119     Bangladesh: 0.31   1982 Time series
# 120     Costa Rica: 0.31   1982 Time series
# 121     Uganda: 0.31   1982 Time series
# 122     Nicaragua: 0.3   1982 Time series
# 123     Philippines: 0.29   1982 Time series
# 124     Samoa: 0.29   1982 Time series
# 125     Lesotho: 0.29   1982 Time series
# 126     Togo: 0.27   1982 Time series
# 127     Nepal: 0.27   1982 Time series
# 128     Sri Lanka: 0.26   1982 Time series
# 129     Comoros: 0.25   1982 Time series
# 130     Tonga: 0.22   1982 Time series
# 131     Kiribati: 0.21   1982 Time series
# 132     Haiti: 0.17   1982 Time series
Weighted average: 0.6  


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.

SOURCE: World Development Indicators database

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CITATION

"PPP conversion factor to official exchange rate ratio (1982) by country", World Development Indicators database. Retrieved from http://www.NationMaster.com/graph/cur_ppp_con_fac_to_off_exc_rat_rat-factor-official-exchange-rate-ratio&date=1982

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COMMENTARY     

Andras
30th March 2011 		The definition is wrong.

"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."

Hungary's conversion factor is 0.61, for example. According to the above definition, I'd need 0.61 Hungarian forints to buy the same amount of goods / services in the domestic market that a USD would buy in the US. But 0.61 forints is worth absolutely nothing --it's less than 1 cent.

The definition should read:

DEFINITION: Purchasing power parity conversion factor is the number of units of ***U.S. dollars*** 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.
je
13th June 2010 		I don't understand it.
When I look at the IMF and world bank data I receive different numbers and different factors than the one here.
Are you sure this is correct numbers???
shaft (malaysia)
8th February 2009 		i want the PPP conversion factor to official exchange rate ratio for UAE from 2006 to
thank you
There are 2 more (non-authoritative) comments on this page

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