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Currency Statistics > PPP conversion factor to official exchange rate ratio (1994) by country

VIEW DATA:   Totals  
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Showing values for 1994. Select another time period:
Rank   Countries  Amount  Date  
# 1     Japan: 1.7   1994 Time series
# 2     Switzerland: 1.47   1994 Time series
# 3     Denmark: 1.32   1994 Time series
# 4     Germany: 1.28   1994 Time series
# 5     Luxembourg: 1.28   1994 Time series
# 6     Sweden: 1.24   1994 Time series
# 7     Singapore: 1.21   1994 Time series
# 8     France: 1.16   1994 Time series
# 9     Austria: 1.16   1994 Time series
# 10     Belgium: 1.12   1994 Time series
# 11     Norway: 1.11   1994 Time series
# 12     Iceland: 1.1   1994 Time series
# 13     Netherlands: 1.09   1994 Time series
# 14     Finland: 1.08   1994 Time series
# 15     Hong Kong: 1.06   1994 Time series
# 16     Australia: 1.01   1994 Time series
# 17     United States: 1   1994 Time series
# 18     Ireland: 0.97   1994 Time series
# 19     Italy: 0.92   1994 Time series
# 20     Canada: 0.92   1994 Time series
# 21     Bahamas, The: 0.9   1994 Time series
# 22     New Zealand: 0.89   1994 Time series
# 23     United Kingdom: 0.88   1994 Time series
# 24     Lebanon: 0.87   1994 Time series
# 25     Antigua and Barbuda: 0.86   1994 Time series
# 26     United Arab Emirates: 0.85   1994 Time series
# 27     Korea, South: 0.84   1994 Time series
# 28     Spain: 0.8   1994 Time series
# 29     Cyprus: 0.79   1994 Time series
# 30     Macau: 0.78   1994 Time series
# 31     Bahrain: 0.76   1994 Time series
# 32     Israel: 0.76   1994 Time series
# 33     Greece: 0.74   1994 Time series
# 34     Saint Lucia: 0.74   1994 Time series
# 35     Portugal: 0.73   1994 Time series
# 36     Argentina: 0.71   1994 Time series
# 37     Gabon: 0.69   1994 Time series
# 38     Uruguay: 0.68   1994 Time series
# 39     Dominica: 0.67   1994 Time series
# 40     Congo, Republic of the: 0.64   1994 Time series
# 41     Saint Kitts and Nevis: 0.64   1994 Time series
# 42     Mexico: 0.63   1994 Time series
# 43     Trinidad and Tobago: 0.62   1994 Time series
# 44     Belize: 0.61   1994 Time series
# 45     Slovenia: 0.61   1994 Time series
# 46     Panama: 0.61   1994 Time series
# 47     Saudi Arabia: 0.6   1994 Time series
# 48     Jamaica: 0.6   1994 Time series
# 49     Chile: 0.59   1994 Time series
# 50     Malaysia: 0.58   1994 Time series
# 51     Malta: 0.58   1994 Time series
# 52     Oman: 0.58   1994 Time series
# 53     Fiji: 0.57   1994 Time series
# 54     Brazil: 0.56   1994 Time series
# 55     Ecuador: 0.55   1994 Time series
# 56     Grenada: 0.55   1994 Time series
# 57     Seychelles: 0.53   1994 Time series
# 58     Saint Vincent and the Grenadines: 0.52   1994 Time series
# 59     Botswana: 0.51   1994 Time series
# 60     Peru: 0.5   1994 Time series
# 61     Croatia: 0.5   1994 Time series
# 62     Papua New Guinea: 0.49   1994 Time series
# 63     Zambia: 0.49   1994 Time series
# 64     Venezuela: 0.48   1994 Time series
# 65     Costa Rica: 0.48   1994 Time series
# 66     Estonia: 0.47   1994 Time series
# 67     Thailand: 0.46   1994 Time series
# 68     South Africa: 0.46   1994 Time series
# 69     Uzbekistan: 0.46   1994 Time series
# 70     Hungary: 0.44   1994 Time series
# 71     Mauritius: 0.44   1994 Time series
# 72     Russia: 0.44   1994 Time series
# 73     Côte d'Ivoire: 0.43   1994 Time series
# 74     Jordan: 0.43   1994 Time series
# 75     Turkey: 0.43   1994 Time series
# 76     Vanuatu: 0.43   1994 Time series
# 77     Belarus: 0.42   1994 Time series
# 78     Yemen: 0.42   1994 Time series
# 79     Cameroon: 0.41   1994 Time series
# 80     Bolivia: 0.41   1994 Time series
# 81     Guatemala: 0.41   1994 Time series
# 82     Georgia: 0.4   1994 Time series
# 83     Namibia: 0.4   1994 Time series
# 84     Colombia: 0.4   1994 Time series
# 85     Latvia: 0.39   1994 Time series
# 86     Solomon Islands: 0.39   1994 Time series
# 87     Djibouti: 0.39   1994 Time series
# 88     Tunisia: 0.39   1994 Time series
# 89     Kazakhstan: 0.38   1994 Time series
# 90     El Salvador: 0.38   1994 Time series
# 91     Morocco: 0.38   1994 Time series
# 92     Indonesia: 0.37   1994 Time series
# 93     Poland: 0.37   1994 Time series
# 94     Mauritania: 0.36   1994 Time series
# 95     Sierra Leone: 0.36   1994 Time series
# 96     Paraguay: 0.36   1994 Time series
# 97     Slovakia: 0.36   1994 Time series
# 98     Swaziland: 0.36   1994 Time series
# 99     Senegal: 0.36   1994 Time series
# 100     Macedonia, Republic of: 0.35   1994 Time series
# 101     Tanzania: 0.35   1994 Time series
# 102     Algeria: 0.35   1994 Time series
# 103     Mongolia: 0.35   1994 Time series
# 104     Dominican Republic: 0.34   1994 Time series
# 105     Samoa: 0.34   1994 Time series
# 106     Czech Republic: 0.33   1994 Time series
# 107     Angola: 0.33   1994 Time series
# 108     Egypt: 0.33   1994 Time series
# 109     Benin: 0.32   1994 Time series
# 110     Lithuania: 0.32   1994 Time series
# 111     Cape Verde: 0.32   1994 Time series
# 112     Micronesia, Federated States of: 0.31   1994 Time series
# 113     Kyrgyzstan: 0.31   1994 Time series
# 114     Nigeria: 0.31   1994 Time series
# 115     Laos: 0.31   1994 Time series
# 116     Suriname: 0.3   1994 Time series
# 117     Philippines: 0.3   1994 Time series
# 118     Madagascar: 0.3   1994 Time series
# 119     Nicaragua: 0.29   1994 Time series
# 120     Tonga: 0.29   1994 Time series
# 121     Kenya: 0.29   1994 Time series
# 122     Guinea: 0.29   1994 Time series
# 123     Mali: 0.29   1994 Time series
# 124     Moldova: 0.29   1994 Time series
# 125     Malawi: 0.28   1994 Time series
# 126     Pakistan: 0.27   1994 Time series
# 127     Albania: 0.27   1994 Time series
# 128     Armenia: 0.27   1994 Time series
# 129     Equatorial Guinea: 0.27   1994 Time series
# 130     Tajikistan: 0.26   1994 Time series
# 131     Niger: 0.26   1994 Time series
# 132     Sri Lanka: 0.26   1994 Time series
# 133     Sudan: 0.26   1994 Time series
# 134     Romania: 0.25   1994 Time series
# 135     Iran: 0.25   1994 Time series
# 136     Honduras: 0.25   1994 Time series
# 137     Guyana: 0.25   1994 Time series
# 138     São Tomé and Príncipe: 0.25   1994 Time series
# 139     Comoros: 0.25   1994 Time series
# 140     Zimbabwe: 0.25   1994 Time series
# 141     Central African Republic: 0.25   1994 Time series
# 142     Mozambique: 0.25   1994 Time series
# 143     Bangladesh: 0.25   1994 Time series
# 144     Burkina Faso: 0.25   1994 Time series
# 145     Syria: 0.25   1994 Time series
# 146     Uganda: 0.24   1994 Time series
# 147     Rwanda: 0.24   1994 Time series
# 148     Gambia, The: 0.24   1994 Time series
# 149     Lesotho: 0.24   1994 Time series
# 150     Ukraine: 0.23   1994 Time series
# 151     Azerbaijan: 0.23   1994 Time series
# 152     Guinea-Bissau: 0.23   1994 Time series
# 153     Chad: 0.23   1994 Time series
# 154     Bulgaria: 0.22   1994 Time series
# 155     Haiti: 0.22   1994 Time series
# 156     India: 0.21   1994 Time series
# 157     China: 0.21   1994 Time series
# 158     Cambodia: 0.21   1994 Time series
# 159     Burundi: 0.21   1994 Time series
# 160     Togo: 0.2   1994 Time series
# 161     Turkmenistan: 0.2   1994 Time series
# 162     Ghana: 0.2   1994 Time series
# 163     Ethiopia: 0.19   1994 Time series
# 164     Nepal: 0.18   1994 Time series
# 165     Congo, Democratic Republic of the: 0.18   1994 Time series
# 166     Eritrea: 0.17   1994 Time series
# 167     Vietnam: 0.17   1994 Time series
# 168     Kiribati: 0.15   1994 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 (1994) 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=1994

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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
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