FACTOID # 1: ‘Dollar’ is the most common currency name, followed by ‘franc,’ ‘pound,’ ‘dinar,’ ‘peso,’ and ‘rupee.’
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
 
 

PPP CONVERSION FACTOR TO OFFICIAL EXCHANGE RATE RATIO CURRENCY

Get updates on PPP CONVERSION FACTOR TO OFFICIAL EXCHANGE RATE RATIO CURRENCY.


TOP STATS
Which countries have the most:
More Top Stats »
WHAT'S NEW
RECENT UPDATES
More Recent Updates »
 

SEARCH ALL

FACTS & STATISTICS    Advanced view

Search encyclopedia, statistics and forums:

 

 

(* = Graphable)

 

 


Currency Statistics > PPP conversion factor to official exchange rate ratio (1997) by country

Share
VIEW DATA:   Totals  
Definition     Source      Printable version   
    Bar Graph   Map  

Showing values for 1997. Select another time period:
Rank   Countries  Amount  Date  
# 1     Japan: 1.35   1997 Time series
# 2     Switzerland: 1.32   1997 Time series
# 3     Denmark: 1.27   1997 Time series
# 4     Sweden: 1.26   1997 Time series
# 5     Singapore: 1.23   1997 Time series
# 6     Germany: 1.17   1997 Time series
# 7     Luxembourg: 1.17   1997 Time series
# 8     Hong Kong: 1.15   1997 Time series
# 9     Norway: 1.15   1997 Time series
# 10     Lebanon: 1.15   1997 Time series
# 11     Iceland: 1.12   1997 Time series
# 12     Finland: 1.1   1997 Time series
# 13     France: 1.09   1997 Time series
# 14     Austria: 1.06   1997 Time series
# 15     Netherlands: 1.02   1997 Time series
# 16     Australia: 1.02   1997 Time series
# 17     Belgium: 1.02   1997 Time series
# 18     Ireland: 1.02   1997 Time series
# 19     United States: 1   1997 Time series
# 20     New Zealand: 0.99   1997 Time series
# 21     United Kingdom: 0.97   1997 Time series
# 22     Italy: 0.93   1997 Time series
# 23     Bahamas, The: 0.92   1997 Time series
# 24     Canada: 0.9   1997 Time series
# 25     United Arab Emirates: 0.88   1997 Time series
# 26     Antigua and Barbuda: 0.88   1997 Time series
# 27     Israel: 0.86   1997 Time series
# 28     Jamaica: 0.85   1997 Time series
# 29     Kuwait: 0.79   1997 Time series
# 30     Korea, South: 0.79   1997 Time series
# 31     Macau: 0.79   1997 Time series
# 32     Uruguay: 0.78   1997 Time series
# 33     Greece: 0.78   1997 Time series
# 34     Spain: 0.77   1997 Time series
# 35     Cyprus: 0.77   1997 Time series
# 36     Saint Lucia: 0.75   1997 Time series
# 37     Bahrain: 0.73   1997 Time series
# 38     Congo, Republic of the: 0.73   1997 Time series
# 39     Portugal: 0.72   1997 Time series
# 40     Brazil: 0.71   1997 Time series
# 41     Gabon: 0.71   1997 Time series
# 42     Slovenia: 0.7   1997 Time series
# 43     Panama: 0.68   1997 Time series
# 44     Argentina: 0.68   1997 Time series
# 45     Dominica: 0.67   1997 Time series
# 46     Chile: 0.66   1997 Time series
# 47     Saudi Arabia: 0.66   1997 Time series
# 48     Saint Kitts and Nevis: 0.64   1997 Time series
# 49     Venezuela: 0.63   1997 Time series
# 50     Trinidad and Tobago: 0.62   1997 Time series
# 51     Ecuador: 0.61   1997 Time series
# 52     Belize: 0.61   1997 Time series
# 53     Fiji: 0.59   1997 Time series
# 54     Malta: 0.58   1997 Time series
# 55     Oman: 0.58   1997 Time series
# 56     Malaysia: 0.57   1997 Time series
# 57     Saint Vincent and the Grenadines: 0.56   1997 Time series
# 58     Yemen: 0.56   1997 Time series
# 59     Mexico: 0.54   1997 Time series
# 60     Grenada: 0.54   1997 Time series
# 61     Croatia: 0.54   1997 Time series
# 62     Peru: 0.52   1997 Time series
# 63     Zambia: 0.51   1997 Time series
# 64     Tanzania: 0.5   1997 Time series
# 65     Costa Rica: 0.5   1997 Time series
# 66     Seychelles: 0.5   1997 Time series
# 67     Turkey: 0.48   1997 Time series
# 68     Botswana: 0.48   1997 Time series
# 69     Côte d'Ivoire: 0.48   1997 Time series
# 70     Guatemala: 0.47   1997 Time series
# 71     Mauritius: 0.47   1997 Time series
# 72     Uzbekistan: 0.47   1997 Time series
# 73     Poland: 0.46   1997 Time series
# 74     Estonia: 0.46   1997 Time series
# 75     Russia: 0.46   1997 Time series
# 76     Kenya: 0.46   1997 Time series
# 77     Angola: 0.45   1997 Time series
# 78     Malawi: 0.45   1997 Time series
# 79     Bolivia: 0.45   1997 Time series
# 80     Solomon Islands: 0.44   1997 Time series
# 81     Colombia: 0.44   1997 Time series
# 82     El Salvador: 0.44   1997 Time series
# 83     South Africa: 0.43   1997 Time series
# 84     Vanuatu: 0.43   1997 Time series
# 85     Georgia: 0.42   1997 Time series
# 86     Hungary: 0.42   1997 Time series
# 87     Jordan: 0.42   1997 Time series
# 88     Papua New Guinea: 0.42   1997 Time series
# 89     Djibouti: 0.41   1997 Time series
# 90     Nigeria: 0.41   1997 Time series
# 91     Suriname: 0.41   1997 Time series
# 92     Thailand: 0.4   1997 Time series
# 93     Slovakia: 0.4   1997 Time series
# 94     Kazakhstan: 0.4   1997 Time series
# 95     Latvia: 0.4   1997 Time series
# 96     Czech Republic: 0.4   1997 Time series
# 97     Paraguay: 0.4   1997 Time series
# 98     Egypt: 0.4   1997 Time series
# 99     Sierra Leone: 0.4   1997 Time series
# 100     Equatorial Guinea: 0.4   1997 Time series
# 101     Cameroon: 0.39   1997 Time series
# 102     Swaziland: 0.38   1997 Time series
# 103     Tunisia: 0.38   1997 Time series
# 104     Namibia: 0.38   1997 Time series
# 105     Morocco: 0.38   1997 Time series
# 106     Lithuania: 0.37   1997 Time series
# 107     Benin: 0.37   1997 Time series
# 108     Belarus: 0.37   1997 Time series
# 109     Macedonia, Republic of: 0.36   1997 Time series
# 110     Dominican Republic: 0.36   1997 Time series
# 111     Indonesia: 0.35   1997 Time series
# 112     Senegal: 0.35   1997 Time series
# 113     Samoa: 0.35   1997 Time series
# 114     Algeria: 0.34   1997 Time series
# 115     Mongolia: 0.33   1997 Time series
# 116     Moldova: 0.33   1997 Time series
# 117     Mali: 0.33   1997 Time series
# 118     Mauritania: 0.33   1997 Time series
# 119     Iran: 0.33   1997 Time series
# 120     Rwanda: 0.32   1997 Time series
# 121     Micronesia, Federated States of: 0.32   1997 Time series
# 122     Cape Verde: 0.32   1997 Time series
# 123     Madagascar: 0.31   1997 Time series
# 124     Mozambique: 0.31   1997 Time series
# 125     Philippines: 0.31   1997 Time series
# 126     Sudan: 0.3   1997 Time series
# 127     Tonga: 0.3   1997 Time series
# 128     Syria: 0.3   1997 Time series
# 129     Kyrgyzstan: 0.28   1997 Time series
# 130     Honduras: 0.28   1997 Time series
# 131     Haiti: 0.28   1997 Time series
# 132     Uganda: 0.28   1997 Time series
# 133     Pakistan: 0.28   1997 Time series
# 134     Guinea: 0.27   1997 Time series
# 135     Azerbaijan: 0.27   1997 Time series
# 136     Romania: 0.27   1997 Time series
# 137     Burkina Faso: 0.27   1997 Time series
# 138     Nicaragua: 0.27   1997 Time series
# 139     Armenia: 0.27   1997 Time series
# 140     Albania: 0.27   1997 Time series
# 141     Sri Lanka: 0.27   1997 Time series
# 142     Guyana: 0.27   1997 Time series
# 143     Laos: 0.27   1997 Time series
# 144     Ukraine: 0.27   1997 Time series
# 145     Niger: 0.26   1997 Time series
# 146     Zimbabwe: 0.26   1997 Time series
# 147     Bangladesh: 0.26   1997 Time series
# 148     Central African Republic: 0.26   1997 Time series
# 149     Chad: 0.26   1997 Time series
# 150     China: 0.25   1997 Time series
# 151     Burundi: 0.25   1997 Time series
# 152     Bulgaria: 0.25   1997 Time series
# 153     Comoros: 0.25   1997 Time series
# 154     Turkmenistan: 0.24   1997 Time series
# 155     Tajikistan: 0.23   1997 Time series
# 156     Gambia, The: 0.23   1997 Time series
# 157     Lesotho: 0.22   1997 Time series
# 158     Togo: 0.21   1997 Time series
# 159     Ghana: 0.21   1997 Time series
# 160     Cambodia: 0.21   1997 Time series
# 161     India: 0.21   1997 Time series
# 162     Vietnam: 0.21   1997 Time series
# 163     Guinea-Bissau: 0.2   1997 Time series
# 164     São Tomé and Príncipe: 0.2   1997 Time series
# 165     Congo, Democratic Republic of the: 0.19   1997 Time series
# 166     Nepal: 0.18   1997 Time series
# 167     Eritrea: 0.18   1997 Time series
# 168     Ethiopia: 0.18   1997 Time series
# 169     Kiribati: 0.15   1997 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

See also

See this stat for year: 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 1976 1975

Related links:
   

Compare countries:

Country 1:
Country 2:
Category:

CITATION

"PPP conversion factor to official exchange rate ratio (1997) 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=1997

Change citation style: APA MLA MHRA CSE AMA Chicago Bluebook Bluebook/JOLT
TOP CURRENCY STATS
QUIZZES
 

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

Share your thoughts, questions and commentary here
Your name
Your comments

Want to know more?
Search encyclopedia, statistics and forums:
 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
© Copyright NationMaster.com 2003-2013. All Rights Reserved. Usage implies agreement with terms, 1022, m