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Currency Statistics > PPP conversion factor to official exchange rate ratio (1985) by country

VIEW DATA:   Totals  
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Showing values for 1985. Select another time period:
Rank   Countries  Amount  Date  
# 1     Mongolia: 1.23   1985 Time series
# 2     Kuwait: 1.23   1985 Time series
# 3     Trinidad and Tobago: 1.11   1985 Time series
# 4     Bahrain: 1.08   1985 Time series
# 5     United States: 1   1985 Time series
# 6     Congo, Republic of the: 0.98   1985 Time series
# 7     Iran: 0.97   1985 Time series
# 8     Laos: 0.97   1985 Time series
# 9     Mozambique: 0.97   1985 Time series
# 10     United Arab Emirates: 0.95   1985 Time series
# 11     Norway: 0.93   1985 Time series
# 12     Canada: 0.91   1985 Time series
# 13     Sweden: 0.89   1985 Time series
# 14     Bahamas, The: 0.87   1985 Time series
# 15     Australia: 0.86   1985 Time series
# 16     Oman: 0.85   1985 Time series
# 17     Singapore: 0.84   1985 Time series
# 18     Venezuela: 0.83   1985 Time series
# 19     Japan: 0.83   1985 Time series
# 20     Finland: 0.82   1985 Time series
# 21     Saudi Arabia: 0.82   1985 Time series
# 22     Gabon: 0.82   1985 Time series
# 23     Switzerland: 0.81   1985 Time series
# 24     Iceland: 0.79   1985 Time series
# 25     Denmark: 0.79   1985 Time series
# 26     Syria: 0.78   1985 Time series
# 27     Sudan: 0.78   1985 Time series
# 28     France: 0.74   1985 Time series
# 29     Luxembourg: 0.73   1985 Time series
# 30     Antigua and Barbuda: 0.72   1985 Time series
# 31     Saint Lucia: 0.71   1985 Time series
# 32     Germany: 0.71   1985 Time series
# 33     Panama: 0.69   1985 Time series
# 34     Nigeria: 0.69   1985 Time series
# 35     Ireland: 0.68   1985 Time series
# 36     Netherlands: 0.68   1985 Time series
# 37     Malaysia: 0.64   1985 Time series
# 38     Austria: 0.64   1985 Time series
# 39     Suriname: 0.64   1985 Time series
# 40     Hong Kong: 0.64   1985 Time series
# 41     Algeria: 0.63   1985 Time series
# 42     Belgium: 0.63   1985 Time series
# 43     United Kingdom: 0.62   1985 Time series
# 44     Guatemala: 0.61   1985 Time series
# 45     Angola: 0.61   1985 Time series
# 46     Belize: 0.6   1985 Time series
# 47     Fiji: 0.59   1985 Time series
# 48     Italy: 0.59   1985 Time series
# 49     Ecuador: 0.59   1985 Time series
# 50     New Zealand: 0.59   1985 Time series
# 51     Jordan: 0.57   1985 Time series
# 52     Dominica: 0.55   1985 Time series
# 53     Cyprus: 0.55   1985 Time series
# 54     Korea, South: 0.52   1985 Time series
# 55     Saint Kitts and Nevis: 0.5   1985 Time series
# 56     Côte d'Ivoire: 0.5   1985 Time series
# 57     Jamaica: 0.5   1985 Time series
# 58     Israel: 0.5   1985 Time series
# 59     Grenada: 0.49   1985 Time series
# 60     Papua New Guinea: 0.47   1985 Time series
# 61     Bulgaria: 0.47   1985 Time series
# 62     Malta: 0.47   1985 Time series
# 63     Costa Rica: 0.46   1985 Time series
# 64     Solomon Islands: 0.46   1985 Time series
# 65     Honduras: 0.46   1985 Time series
# 66     Spain: 0.46   1985 Time series
# 67     Indonesia: 0.45   1985 Time series
# 68     Mexico: 0.45   1985 Time series
# 69     Saint Vincent and the Grenadines: 0.45   1985 Time series
# 70     Zambia: 0.45   1985 Time series
# 71     Kenya: 0.44   1985 Time series
# 72     Uganda: 0.44   1985 Time series
# 73     Argentina: 0.43   1985 Time series
# 74     Chile: 0.43   1985 Time series
# 75     Greece: 0.43   1985 Time series
# 76     Cameroon: 0.43   1985 Time series
# 77     Vanuatu: 0.42   1985 Time series
# 78     Macau: 0.42   1985 Time series
# 79     Madagascar: 0.41   1985 Time series
# 80     Turkey: 0.41   1985 Time series
# 81     Ethiopia: 0.41   1985 Time series
# 82     Senegal: 0.39   1985 Time series
# 83     Burundi: 0.39   1985 Time series
# 84     Egypt: 0.39   1985 Time series
# 85     Uruguay: 0.38   1985 Time series
# 86     Malawi: 0.38   1985 Time series
# 87     Sierra Leone: 0.38   1985 Time series
# 88     Brazil: 0.37   1985 Time series
# 89     Mali: 0.37   1985 Time series
# 90     Tunisia: 0.37   1985 Time series
# 91     Seychelles: 0.36   1985 Time series
# 92     Slovakia: 0.36   1985 Time series
# 93     Rwanda: 0.36   1985 Time series
# 94     Benin: 0.36   1985 Time series
# 95     Thailand: 0.36   1985 Time series
# 96     Bolivia: 0.36   1985 Time series
# 97     Niger: 0.35   1985 Time series
# 98     China: 0.35   1985 Time series
# 99     Portugal: 0.35   1985 Time series
# 100     Burkina Faso: 0.35   1985 Time series
# 101     Zimbabwe: 0.35   1985 Time series
# 102     Botswana: 0.35   1985 Time series
# 103     Pakistan: 0.34   1985 Time series
# 104     Vietnam: 0.34   1985 Time series
# 105     Colombia: 0.33   1985 Time series
# 106     Ghana: 0.33   1985 Time series
# 107     El Salvador: 0.33   1985 Time series
# 108     Guyana: 0.32   1985 Time series
# 109     Central African Republic: 0.32   1985 Time series
# 110     South Africa: 0.32   1985 Time series
# 111     India: 0.31   1985 Time series
# 112     Chad: 0.31   1985 Time series
# 113     Namibia: 0.3   1985 Time series
# 114     Peru: 0.3   1985 Time series
# 115     Bangladesh: 0.3   1985 Time series
# 116     Mauritius: 0.3   1985 Time series
# 117     Paraguay: 0.29   1985 Time series
# 118     Morocco: 0.29   1985 Time series
# 119     Nicaragua: 0.29   1985 Time series
# 120     Mauritania: 0.29   1985 Time series
# 121     Albania: 0.29   1985 Time series
# 122     Equatorial Guinea: 0.29   1985 Time series
# 123     Swaziland: 0.27   1985 Time series
# 124     Dominican Republic: 0.27   1985 Time series
# 125     Gambia, The: 0.25   1985 Time series
# 126     Philippines: 0.25   1985 Time series
# 127     Sri Lanka: 0.25   1985 Time series
# 128     Hungary: 0.25   1985 Time series
# 129     Guinea-Bissau: 0.24   1985 Time series
# 130     Nepal: 0.24   1985 Time series
# 131     Togo: 0.21   1985 Time series
# 132     Comoros: 0.21   1985 Time series
# 133     Haiti: 0.2   1985 Time series
# 134     Samoa: 0.2   1985 Time series
# 135     Congo, Democratic Republic of the: 0.19   1985 Time series
# 136     Tonga: 0.17   1985 Time series
# 137     Lesotho: 0.17   1985 Time series
# 138     Kiribati: 0.13   1985 Time series
Weighted average: 0.5  


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 (1985) 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=1985

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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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